Narrative Update • May 15

Over the last 7 days, the Interactive Home Entertainment industry has dropped 3.3%, driven by NetEase declining 4.1%. In contrast, IGG has gained 6.2%. However, the industry is down 6.7% over the past year. Earnings are forecast to grow by 8.8% 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 |
|---|---|---|---|---|---|---|
| Tue, 19 May 2026 | HK$649.9b | HK$177.9b | HK$43.9b | 13.3x | 14.8x | 3.7x |
| Thu, 16 Apr 2026 | HK$660.7b | HK$177.5b | HK$43.8b | 14x | 15.1x | 3.7x |
| Sat, 14 Mar 2026 | HK$680.3b | HK$176.7b | HK$41.1b | 13.3x | 16.6x | 3.8x |
| Mon, 09 Feb 2026 | HK$709.9b | HK$174.5b | HK$43.6b | 13.7x | 16.3x | 4.1x |
| Wed, 07 Jan 2026 | HK$842.5b | HK$172.8b | HK$43.2b | 12.6x | 19.5x | 4.9x |
| Fri, 05 Dec 2025 | HK$797.2b | HK$170.7b | HK$42.7b | 13.1x | 18.7x | 4.7x |
| Sun, 02 Nov 2025 | HK$808.3b | HK$167.5b | HK$40.0b | 14.1x | 20.2x | 4.8x |
| Tue, 30 Sep 2025 | HK$864.6b | HK$167.6b | HK$40.1b | 14.9x | 21.5x | 5.2x |
| Thu, 28 Aug 2025 | HK$798.3b | HK$168.6b | HK$38.6b | 15x | 20.7x | 4.7x |
| Sat, 26 Jul 2025 | HK$791.4b | HK$167.3b | HK$36.2b | 16.2x | 21.9x | 4.7x |
| Mon, 23 Jun 2025 | HK$762.4b | HK$167.2b | HK$36.2b | 13.1x | 21.1x | 4.6x |
| Wed, 21 May 2025 | HK$704.5b | HK$165.5b | HK$36.5b | 11.3x | 19.3x | 4.3x |
| Fri, 18 Apr 2025 | HK$595.2b | HK$160.4b | HK$32.9b | 11.2x | 18.1x | 3.7x |
| Sun, 16 Mar 2025 | HK$628.7b | HK$162.4b | HK$33.9b | 13.5x | 18.6x | 3.9x |
| Tue, 11 Feb 2025 | HK$645.7b | HK$161.7b | HK$30.6b | 12.2x | 21.1x | 4x |
| Thu, 09 Jan 2025 | HK$545.7b | HK$160.9b | HK$30.5b | 12.1x | 17.9x | 3.4x |
| Sat, 07 Dec 2024 | HK$554.9b | HK$162.4b | HK$30.8b | 14.5x | 18x | 3.4x |
| Mon, 04 Nov 2024 | HK$480.5b | HK$165.7b | HK$32.5b | 11.1x | 14.8x | 2.9x |
| Wed, 02 Oct 2024 | HK$93.2b | HK$49.7b | HK$1.0b | 10.3x | 92.7x | 1.9x |
| Fri, 30 Aug 2024 | HK$72.0b | HK$50.2b | HK$2.1b | 7.8x | 34.4x | 1.4x |
| Sun, 28 Jul 2024 | HK$75.4b | HK$49.5b | HK$2.4b | 6.5x | 31.9x | 1.5x |
| Tue, 25 Jun 2024 | HK$85.9b | HK$49.4b | HK$2.4b | 7.6x | 36.3x | 1.7x |
| Thu, 23 May 2024 | HK$98.0b | HK$49.6b | HK$1.9b | 10.9x | 51.8x | 2x |
| Sat, 20 Apr 2024 | HK$89.7b | HK$49.8b | HK$1.9b | 9.6x | 47.3x | 1.8x |
| Mon, 18 Mar 2024 | HK$93.0b | HK$52.4b | -HK$226,560,072.49 | 18.1x | -410.5x | 1.8x |
| Wed, 14 Feb 2024 | HK$84.2b | HK$52.4b | -HK$231,198,198.47 | 17.7x | -364x | 1.6x |
| Fri, 12 Jan 2024 | HK$77.5b | HK$44.2b | -HK$724,578,689.00 | 16.6x | -107x | 1.8x |
| Sun, 10 Dec 2023 | HK$82.7b | HK$44.1b | -HK$726,728,944.00 | 16.3x | -113.8x | 1.9x |
| Tue, 07 Nov 2023 | HK$92.0b | HK$43.4b | -HK$7,286,178,773.00 | 15.2x | -12.6x | 2.1x |
| Thu, 05 Oct 2023 | HK$94.6b | HK$51.5b | -HK$6,778,007,037.00 | 14.6x | -14x | 1.8x |
| Sat, 02 Sep 2023 | HK$97.6b | HK$44.3b | -HK$7,484,172,193.00 | 16.3x | -13x | 2.2x |
| Mon, 31 Jul 2023 | HK$104.3b | HK$43.4b | -HK$8,908,830,681.00 | 14.3x | -11.7x | 2.4x |
| Wed, 28 Jun 2023 | HK$105.9b | HK$43.2b | -HK$8,869,961,638.00 | 14.3x | -11.9x | 2.4x |
| Fri, 26 May 2023 | HK$99.9b | HK$44.1b | -HK$9,092,306,656.00 | 14.2x | -11x | 2.3x |
-11x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | -2.82% | |
| Telecom | -2.05% | |
| Entertainment | -4.79% | |
| Interactive Home Entertainment | -4.72% | |
| Movies and Entertainment | -5.17% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 799 IGG | HK$3.59 | 6.2% +HK$240.5m | 0% | PE7.1x | |
| 2100 BAIOO Family Interactive | HK$0.55 | 7.8% +HK$114.7m | 27.9% | PS2.2x | |
| 6633 Qingci Games | HK$2.57 | 2.4% +HK$41.5m | -8.2% | PE12.7x | |
| 8282 Gameone Holdings | HK$0.69 | 38.0% +HK$10.8m | 72.5% | PE60.9x | |
| 484 Forgame Holdings | HK$0.82 | 2.5% +HK$3.4m | 12.3% | PS0.8x |