Narrative Update • May 13

In the last week, the Interactive Home Entertainment industry is up 2.1%, with NetEase up 2.5%. In the same time, XD was down 5.8%. This means that the industry has gained 10% over the past year. As for the next few years, earnings are expected to grow by 8.8% per annum.
Has the Hong Kong Interactive Home Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 14 May 2026 | HK$694.3b | HK$178.2b | HK$44.0b | 14x | 15.8x | 3.9x |
| Sat, 11 Apr 2026 | HK$661.9b | HK$177.2b | HK$43.8b | 14.1x | 15.1x | 3.7x |
| Mon, 09 Mar 2026 | HK$703.4b | HK$176.5b | HK$41.0b | 13.4x | 17.1x | 4x |
| Wed, 04 Feb 2026 | HK$748.7b | HK$174.5b | HK$43.6b | 14.4x | 17.2x | 4.3x |
| Fri, 02 Jan 2026 | HK$789.1b | HK$172.5b | HK$43.1b | 12.3x | 18.3x | 4.6x |
| Sun, 30 Nov 2025 | HK$790.3b | HK$170.7b | HK$42.7b | 13.5x | 18.5x | 4.6x |
| Tue, 28 Oct 2025 | HK$851.2b | HK$167.7b | HK$40.0b | 14.1x | 21.3x | 5.1x |
| Thu, 25 Sep 2025 | HK$885.8b | HK$167.4b | HK$40.1b | 15.8x | 22.1x | 5.3x |
| Sat, 23 Aug 2025 | HK$781.5b | HK$168.9b | HK$38.7b | 14.8x | 20.2x | 4.6x |
| Mon, 21 Jul 2025 | HK$795.4b | HK$167.1b | HK$36.2b | 17.6x | 22x | 4.8x |
| Wed, 18 Jun 2025 | HK$764.7b | HK$167.0b | HK$36.1b | 13.3x | 21.2x | 4.6x |
| Fri, 16 May 2025 | HK$639.8b | HK$163.2b | HK$33.6b | 11.4x | 19.1x | 3.9x |
| Sun, 13 Apr 2025 | HK$578.2b | HK$160.6b | HK$33.0b | 11.1x | 17.5x | 3.6x |
| Tue, 11 Mar 2025 | HK$632.7b | HK$161.8b | HK$33.8b | 13.7x | 18.7x | 3.9x |
| Thu, 06 Feb 2025 | HK$616.8b | HK$162.3b | HK$30.7b | 12x | 20.1x | 3.8x |
| Sat, 04 Jan 2025 | HK$531.3b | HK$161.2b | HK$30.5b | 11.9x | 17.4x | 3.3x |
| Mon, 02 Dec 2024 | HK$525.4b | HK$162.9b | HK$30.9b | 12.4x | 17x | 3.2x |
| Wed, 30 Oct 2024 | HK$493.7b | HK$165.2b | HK$32.4b | 11.3x | 15.3x | 3x |
| Fri, 27 Sep 2024 | HK$80.8b | HK$49.8b | HK$1.0b | 9.2x | 80.3x | 1.6x |
| Sun, 25 Aug 2024 | HK$70.3b | HK$50.3b | HK$2.1b | 7.7x | 33.3x | 1.4x |
| Tue, 23 Jul 2024 | HK$78.3b | HK$49.3b | HK$2.4b | 6.8x | 33.2x | 1.6x |
| Thu, 20 Jun 2024 | HK$91.4b | HK$49.7b | HK$2.3b | 7.6x | 39.1x | 1.8x |
| Sat, 18 May 2024 | HK$99.6b | HK$49.7b | HK$1.9b | 10.3x | 52.6x | 2x |
| Mon, 15 Apr 2024 | HK$92.2b | HK$49.8b | HK$1.9b | 9.9x | 48.6x | 1.8x |
| Wed, 13 Mar 2024 | HK$97.6b | HK$52.5b | -HK$226,731,720.09 | 18.1x | -430.5x | 1.9x |
| Fri, 09 Feb 2024 | HK$85.1b | HK$52.9b | -HK$231,945,667.87 | 17.4x | -366.9x | 1.6x |
| Sun, 07 Jan 2024 | HK$79.1b | HK$44.3b | -HK$725,639,886.00 | 17.1x | -109.1x | 1.8x |
| Tue, 05 Dec 2023 | HK$82.8b | HK$44.3b | -HK$729,503,239.00 | 16.3x | -113.4x | 1.9x |
| Thu, 02 Nov 2023 | HK$85.6b | HK$43.2b | -HK$7,237,908,947.00 | 15.8x | -11.8x | 2x |
| Sat, 30 Sep 2023 | HK$94.6b | HK$52.8b | -HK$6,711,280,559.00 | 13.9x | -14.1x | 1.8x |
| Mon, 28 Aug 2023 | HK$95.0b | HK$44.1b | -HK$8,234,250,756.00 | 16.3x | -11.5x | 2.2x |
| Wed, 26 Jul 2023 | HK$103.0b | HK$43.5b | -HK$8,935,347,988.00 | 13.7x | -11.5x | 2.4x |
| Fri, 23 Jun 2023 | HK$104.1b | HK$43.4b | -HK$8,914,151,348.00 | 14.1x | -11.7x | 2.4x |
| Sun, 21 May 2023 | HK$103.3b | HK$44.1b | -HK$9,227,847,055.00 | 14.3x | -11.2x | 2.3x |
-11.2x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | 0.55% | |
| Telecom | 1.38% | |
| Entertainment | 1.16% | |
| Interactive Home Entertainment | 2.03% | |
| Movies and Entertainment | -4.23% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9999 NetEase | HK$186.10 | 2.5% +HK$14.7b | 12.0% | PE15.3x | |
| 3888 Kingsoft | HK$23.94 | 3.7% +HK$1.2b | -40.2% | PE14x | |
| 799 IGG | HK$3.47 | 5.8% +HK$217.6m | -6.2% | PE6.8x | |
| 9990 Archosaur Games | HK$2.54 | 11.4% +HK$208.9m | 81.4% | PS1.4x | |
| 777 NetDragon Websoft Holdings | HK$8.97 | 2.7% +HK$126.3m | -10.7% | PE27.1x |