Narrative Update • Jul 29

The Interactive Home Entertainment industry is up 10% in the last week, with NetEase up 11%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 9.0% 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, 03 Aug 2026 | HK$755.2b | HK$181.2b | HK$45.6b | 12.7x | 16.6x | 4.2x |
| Wed, 01 Jul 2026 | HK$730.6b | HK$180.3b | HK$45.4b | 12x | 16.1x | 4.1x |
| Fri, 29 May 2026 | HK$700.6b | HK$180.7b | HK$45.2b | 12.4x | 15.5x | 3.9x |
| Sun, 26 Apr 2026 | HK$645.5b | HK$177.1b | HK$43.7b | 14.1x | 14.8x | 3.6x |
| Tue, 24 Mar 2026 | HK$655.2b | HK$176.9b | HK$39.8b | 12.8x | 16.4x | 3.7x |
| Thu, 19 Feb 2026 | HK$709.8b | HK$176.1b | HK$41.0b | 14.2x | 17.3x | 4x |
| Sat, 17 Jan 2026 | HK$810.4b | HK$173.5b | HK$43.4b | 14.5x | 18.7x | 4.7x |
| Mon, 15 Dec 2025 | HK$811.9b | HK$172.1b | HK$42.9b | 13.9x | 18.9x | 4.7x |
| Wed, 12 Nov 2025 | HK$816.8b | HK$167.6b | HK$40.0b | 14x | 20.4x | 4.9x |
| Fri, 10 Oct 2025 | HK$888.1b | HK$167.5b | HK$40.1b | 14.9x | 22.1x | 5.3x |
| Sun, 07 Sep 2025 | HK$792.1b | HK$167.6b | HK$40.1b | 14.9x | 19.7x | 4.7x |
| Tue, 05 Aug 2025 | HK$769.0b | HK$167.1b | HK$36.2b | 15.8x | 21.3x | 4.6x |
| Thu, 03 Jul 2025 | HK$773.8b | HK$167.3b | HK$36.2b | 13.9x | 21.4x | 4.6x |
| Sat, 31 May 2025 | HK$702.4b | HK$166.6b | HK$36.1b | 13.5x | 19.5x | 4.2x |
| Mon, 28 Apr 2025 | HK$629.9b | HK$160.5b | HK$33.0b | 11.7x | 19.1x | 3.9x |
| Wed, 26 Mar 2025 | HK$598.9b | HK$162.6b | HK$33.9b | 13x | 17.7x | 3.7x |
| Fri, 21 Feb 2025 | HK$618.7b | HK$162.4b | HK$30.8b | 13.4x | 20.1x | 3.8x |
| Sun, 19 Jan 2025 | HK$589.3b | HK$161.2b | HK$30.5b | 13.8x | 19.3x | 3.7x |
| Tue, 17 Dec 2024 | HK$567.2b | HK$161.8b | HK$30.7b | 14.6x | 18.5x | 3.5x |
| Thu, 14 Nov 2024 | HK$476.1b | HK$163.7b | HK$32.1b | 11.4x | 14.8x | 2.9x |
| Sat, 12 Oct 2024 | HK$88.2b | HK$49.4b | HK$1.0b | 10.7x | 88x | 1.8x |
| Mon, 09 Sep 2024 | HK$72.2b | HK$49.4b | HK$1.0b | 9.2x | 72x | 1.5x |
| Wed, 07 Aug 2024 | HK$75.5b | HK$50.0b | HK$2.4b | 6.5x | 31.6x | 1.5x |
| Fri, 05 Jul 2024 | HK$79.8b | HK$49.3b | HK$2.4b | 7.2x | 33.8x | 1.6x |
| Sun, 02 Jun 2024 | HK$96.0b | HK$49.9b | HK$2.0b | 10.3x | 48.2x | 1.9x |
| Tue, 30 Apr 2024 | HK$93.6b | HK$49.7b | HK$1.9b | 9.7x | 49.4x | 1.9x |
| Thu, 28 Mar 2024 | HK$89.5b | HK$52.8b | HK$10.9m | 14.9x | 8227.5x | 1.7x |
| Sat, 24 Feb 2024 | HK$102.2b | HK$52.4b | -HK$231,226,440.14 | 17.4x | -441.9x | 2x |
| Mon, 22 Jan 2024 | HK$72.9b | HK$44.2b | -HK$724,933,378.00 | 15.4x | -100.5x | 1.6x |
| Wed, 20 Dec 2023 | HK$81.0b | HK$44.2b | -HK$724,649,481.00 | 16.4x | -111.8x | 1.8x |
| Fri, 17 Nov 2023 | HK$93.9b | HK$43.4b | -HK$7,274,963,970.00 | 15.3x | -12.9x | 2.2x |
| Sun, 15 Oct 2023 | HK$93.9b | HK$51.5b | -HK$6,767,546,164.00 | 15.2x | -13.9x | 1.8x |
| Tue, 12 Sep 2023 | HK$93.9b | HK$44.0b | -HK$7,389,993,609.00 | 16.3x | -12.7x | 2.1x |
| Thu, 10 Aug 2023 | HK$101.0b | HK$43.2b | -HK$8,870,718,158.00 | 14x | -11.4x | 2.3x |
-11.4x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | 2.63% | |
| Telecom | 6.74% | |
| Entertainment | 9.83% | |
| Interactive Home Entertainment | 10.36% | |
| Movies and Entertainment | 6.10% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9999 NetEase | HK$207.80 | 10.7% +HK$64.3b | 3.2% | PE16.8x | |
| 3888 Kingsoft | HK$26.76 | 11.6% +HK$3.8b | -21.3% | PE11.1x | |
| 2400 XD | HK$47.54 | 13.5% +HK$2.7b | -10.0% | PE12.7x | |
| 777 NetDragon Websoft Holdings | HK$8.06 | 4.4% +HK$178.9m | -24.4% | PE24.2x | |
| 9890 Tanwan | HK$10.21 | 1.7% +HK$85.2m | -25.0% | PE3x |