Narrative Update • May 15

Over the last 7 days, the Interactive Home Entertainment industry has dropped 6.8%, driven by declines in Kingsoft and XD of 7.4% and 8.4%, respectively. Overall the industry is down 9.5% in 12 months. 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 |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | HK$667.1b | HK$180.1b | HK$44.4b | 12.6x | 15x | 3.7x |
| Mon, 20 Apr 2026 | HK$681.2b | HK$177.5b | HK$43.8b | 14.5x | 15.5x | 3.8x |
| Wed, 18 Mar 2026 | HK$696.5b | HK$177.1b | HK$39.7b | 14.1x | 17.5x | 3.9x |
| Fri, 13 Feb 2026 | HK$708.9b | HK$176.4b | HK$41.0b | 14.3x | 17.3x | 4x |
| Sun, 11 Jan 2026 | HK$808.1b | HK$173.1b | HK$43.3b | 13.4x | 18.7x | 4.7x |
| Tue, 09 Dec 2025 | HK$804.9b | HK$171.7b | HK$42.8b | 14.7x | 18.8x | 4.7x |
| Thu, 06 Nov 2025 | HK$807.3b | HK$167.4b | HK$39.9b | 13.9x | 20.2x | 4.8x |
| Sat, 04 Oct 2025 | HK$879.5b | HK$167.6b | HK$40.1b | 15.2x | 21.9x | 5.2x |
| Mon, 01 Sep 2025 | HK$802.5b | HK$167.8b | HK$40.1b | 15.3x | 20x | 4.8x |
| Wed, 30 Jul 2025 | HK$769.6b | HK$167.2b | HK$36.2b | 16.1x | 21.3x | 4.6x |
| Fri, 27 Jun 2025 | HK$783.2b | HK$167.3b | HK$36.2b | 13.9x | 21.6x | 4.7x |
| Sun, 25 May 2025 | HK$703.0b | HK$166.5b | HK$36.7b | 11.2x | 19.2x | 4.2x |
| Tue, 22 Apr 2025 | HK$595.2b | HK$160.5b | HK$33.0b | 11.2x | 18.1x | 3.7x |
| Thu, 20 Mar 2025 | HK$627.2b | HK$162.5b | HK$33.9b | 13.6x | 18.5x | 3.9x |
| Sat, 15 Feb 2025 | HK$644.6b | HK$162.5b | HK$30.8b | 12.6x | 20.9x | 4x |
| Mon, 13 Jan 2025 | HK$561.9b | HK$161.1b | HK$30.5b | 12.6x | 18.4x | 3.5x |
| Wed, 11 Dec 2024 | HK$583.5b | HK$162.5b | HK$30.8b | 13.4x | 18.9x | 3.6x |
| Fri, 08 Nov 2024 | HK$496.7b | HK$164.7b | HK$32.3b | 11.8x | 15.4x | 3x |
| Sun, 06 Oct 2024 | HK$98.6b | HK$49.4b | HK$1.0b | 10.6x | 98.3x | 2x |
| Tue, 03 Sep 2024 | HK$71.6b | HK$49.3b | HK$1.0b | 9.2x | 71.4x | 1.5x |
| Thu, 01 Aug 2024 | HK$78.3b | HK$49.7b | HK$2.4b | 6.7x | 33x | 1.6x |
| Sat, 29 Jun 2024 | HK$87.2b | HK$49.4b | HK$2.4b | 7.7x | 36.9x | 1.8x |
| Mon, 27 May 2024 | HK$98.1b | HK$49.8b | HK$2.0b | 10.3x | 49.3x | 2x |
| Wed, 24 Apr 2024 | HK$88.9b | HK$49.8b | HK$1.9b | 9.4x | 46.9x | 1.8x |
| Fri, 22 Mar 2024 | HK$93.7b | HK$52.6b | -HK$56,310,417.41 | 18.6x | -1664.8x | 1.8x |
| Sun, 18 Feb 2024 | HK$94.0b | HK$52.4b | -HK$231,242,155.81 | 17.9x | -406.7x | 1.8x |
| Tue, 16 Jan 2024 | HK$76.7b | HK$44.2b | -HK$723,769,078.00 | 15.7x | -106x | 1.7x |
| Thu, 14 Dec 2023 | HK$81.6b | HK$44.1b | -HK$726,046,196.00 | 15.7x | -112.3x | 1.8x |
| Sat, 11 Nov 2023 | HK$90.2b | HK$43.2b | -HK$7,253,898,273.00 | 14.6x | -12.4x | 2.1x |
| Mon, 09 Oct 2023 | HK$93.8b | HK$51.5b | -HK$6,777,411,126.00 | 15.1x | -13.8x | 1.8x |
| Wed, 06 Sep 2023 | HK$95.9b | HK$44.0b | -HK$7,391,072,208.00 | 16.3x | -13x | 2.2x |
| Fri, 04 Aug 2023 | HK$102.1b | HK$43.3b | -HK$8,892,261,095.00 | 13.9x | -11.5x | 2.4x |
| Sun, 02 Jul 2023 | HK$101.9b | HK$43.0b | -HK$8,825,950,422.00 | 17.4x | -11.5x | 2.4x |
| Tue, 30 May 2023 | HK$97.4b | HK$44.0b | -HK$9,038,044,039.00 | 14.2x | -10.8x | 2.2x |
-10.8x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | -1.48% | |
| Telecom | -2.07% | |
| Entertainment | -0.60% | |
| Interactive Home Entertainment | 0.34% | |
| Movies and Entertainment | -6.26% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9999 NetEase | HK$181.50 | 1.4% +HK$8.0b | -3.8% | PE14.7x | |
| 6933 Sino-Entertainment Technology Holdings | HK$1.03 | 45.1% +HK$137.0m | 605.5% | PS13.4x | |
| 3798 Homeland Interactive Technology | HK$1.27 | 8.5% +HK$118.6m | 13.4% | PE22.1x | |
| 2022 Digital Hollywood Interactive | HK$0.074 | 51.0% +HK$46.5m | 45.1% | PS1.9x | |
| 797 7Road Holdings | HK$0.62 | 1.6% +HK$27.5m | 82.4% | PE39.9x |