Narrative Update • Jul 14

Over the last 7 days, the Interactive Home Entertainment industry has dropped 2.0%, driven by NetEase declining 1.9%. However, the industry is down 8.5% over the past year. Looking forward, earnings are forecast to grow by 9.1% annually.
Has the Hong Kong Interactive Home Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jul 2026 | HK$733.9b | HK$180.6b | HK$45.5b | 11.7x | 16.1x | 4.1x |
| Wed, 17 Jun 2026 | HK$713.8b | HK$181.1b | HK$45.5b | 12.3x | 15.7x | 3.9x |
| Fri, 15 May 2026 | HK$686.3b | HK$178.3b | HK$44.0b | 14x | 15.6x | 3.8x |
| Sun, 12 Apr 2026 | HK$661.9b | HK$177.2b | HK$43.8b | 14.1x | 15.1x | 3.7x |
| Tue, 10 Mar 2026 | HK$686.9b | HK$176.0b | HK$40.9b | 13.4x | 16.8x | 3.9x |
| Thu, 05 Feb 2026 | HK$722.1b | HK$174.4b | HK$43.6b | 14.1x | 16.6x | 4.1x |
| Sat, 03 Jan 2026 | HK$836.7b | HK$172.8b | HK$43.2b | 12.4x | 19.4x | 4.8x |
| Mon, 01 Dec 2025 | HK$790.3b | HK$170.7b | HK$42.7b | 13.5x | 18.5x | 4.6x |
| Wed, 29 Oct 2025 | HK$834.5b | HK$167.9b | HK$40.1b | 14.3x | 20.8x | 5x |
| Fri, 26 Sep 2025 | HK$877.9b | HK$167.5b | HK$40.1b | 15.4x | 21.9x | 5.2x |
| Sun, 24 Aug 2025 | HK$781.5b | HK$169.4b | HK$38.9b | 14.8x | 20.1x | 4.6x |
| Tue, 22 Jul 2025 | HK$800.6b | HK$167.2b | HK$36.2b | 17x | 22.1x | 4.8x |
| Thu, 19 Jun 2025 | HK$767.6b | HK$166.9b | HK$36.1b | 13.4x | 21.3x | 4.6x |
| Sat, 17 May 2025 | HK$709.0b | HK$165.6b | HK$36.5b | 11.4x | 19.4x | 4.3x |
| Mon, 14 Apr 2025 | HK$578.2b | HK$160.6b | HK$33.0b | 11.1x | 17.5x | 3.6x |
| Wed, 12 Mar 2025 | HK$640.0b | HK$162.4b | HK$33.9b | 13.7x | 18.9x | 3.9x |
| Fri, 07 Feb 2025 | HK$628.3b | HK$162.0b | HK$30.7b | 12.3x | 20.5x | 3.9x |
| Sun, 05 Jan 2025 | HK$531.3b | HK$161.1b | HK$30.5b | 11.9x | 17.4x | 3.3x |
| Tue, 03 Dec 2024 | HK$537.4b | HK$162.2b | HK$30.7b | 13x | 17.5x | 3.3x |
| Thu, 31 Oct 2024 | HK$487.9b | HK$165.5b | HK$32.4b | 11.1x | 15x | 2.9x |
| Sat, 28 Sep 2024 | HK$84.6b | HK$49.7b | HK$1.0b | 9.5x | 84.2x | 1.7x |
| Mon, 26 Aug 2024 | HK$70.3b | HK$50.3b | HK$2.1b | 7.7x | 33.3x | 1.4x |
| Wed, 24 Jul 2024 | HK$76.3b | HK$49.3b | HK$2.4b | 6.8x | 32.3x | 1.5x |
| Fri, 21 Jun 2024 | HK$89.2b | HK$49.7b | HK$2.3b | 7.6x | 38.2x | 1.8x |
| Sun, 19 May 2024 | HK$99.6b | HK$49.7b | HK$1.9b | 10.3x | 52.6x | 2x |
| Tue, 16 Apr 2024 | HK$91.5b | HK$49.8b | HK$1.9b | 9.8x | 48.3x | 1.8x |
| Thu, 14 Mar 2024 | HK$95.8b | HK$52.4b | -HK$226,587,868.59 | 18.1x | -422.6x | 1.8x |
| Sat, 10 Feb 2024 | HK$85.1b | HK$52.4b | -HK$227,725,295.12 | 17.7x | -373.7x | 1.6x |
| Mon, 08 Jan 2024 | HK$79.1b | HK$44.3b | -HK$725,639,886.00 | 17.1x | -109.1x | 1.8x |
| Wed, 06 Dec 2023 | HK$81.6b | HK$44.3b | -HK$729,197,840.00 | 15.9x | -111.9x | 1.8x |
| Fri, 03 Nov 2023 | HK$84.9b | HK$43.2b | -HK$7,240,667,939.00 | 15.8x | -11.7x | 2x |
| Sun, 01 Oct 2023 | HK$94.6b | HK$51.5b | -HK$6,776,926,178.00 | 14.7x | -14x | 1.8x |
| Tue, 29 Aug 2023 | HK$93.5b | HK$44.1b | -HK$8,230,040,186.00 | 16.8x | -11.4x | 2.1x |
| Thu, 27 Jul 2023 | HK$101.4b | HK$43.4b | -HK$8,917,038,116.00 | 13.7x | -11.4x | 2.3x |
-11.4x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | 0.25% | |
| Telecom | 0.48% | |
| Entertainment | -2.24% | |
| Interactive Home Entertainment | -2.03% | |
| Movies and Entertainment | -3.81% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9890 Tanwan | HK$10.58 | 2.8% +HK$151.2m | -29.1% | PE3.2x | |
| 1909 Fire Rock Holdings | HK$1.99 | 13.7% +HK$58.3m | 4.2% | PS3.3x | |
| 484 Forgame Holdings | HK$0.69 | 7.8% +HK$8.4m | -20.7% | PS0.6x |