Narrative Update • Jul 29

Over the last 7 days, the Interactive Home Entertainment industry has dropped 3.6%, driven by a pullback from Tanwan of 6.8%. In contrast, NetEase has gained 5.3%. Overall the industry is down 6.2% in 12 months. 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 |
|---|---|---|---|---|---|---|
| Thu, 30 Jul 2026 | HK$739.5b | HK$180.9b | HK$45.5b | 12.5x | 16.2x | 4.1x |
| Sat, 27 Jun 2026 | HK$680.6b | HK$180.1b | HK$45.2b | 11.7x | 15.1x | 3.8x |
| Mon, 25 May 2026 | HK$667.3b | HK$180.2b | HK$44.2b | 12.6x | 15.1x | 3.7x |
| Wed, 22 Apr 2026 | HK$683.5b | HK$177.5b | HK$43.8b | 14.6x | 15.6x | 3.9x |
| Fri, 20 Mar 2026 | HK$683.1b | HK$176.7b | HK$39.6b | 13.6x | 17.2x | 3.9x |
| Sun, 15 Feb 2026 | HK$703.2b | HK$176.2b | HK$41.0b | 14.2x | 17.2x | 4x |
| Tue, 13 Jan 2026 | HK$831.1b | HK$173.3b | HK$43.3b | 14.3x | 19.2x | 4.8x |
| Thu, 11 Dec 2025 | HK$787.3b | HK$171.8b | HK$42.8b | 14.6x | 18.4x | 4.6x |
| Sat, 08 Nov 2025 | HK$812.1b | HK$167.6b | HK$40.0b | 14x | 20.3x | 4.8x |
| Mon, 06 Oct 2025 | HK$879.5b | HK$167.6b | HK$40.1b | 15.2x | 21.9x | 5.2x |
| Wed, 03 Sep 2025 | HK$804.3b | HK$167.7b | HK$40.1b | 15.1x | 20x | 4.8x |
| Fri, 01 Aug 2025 | HK$765.0b | HK$166.7b | HK$36.1b | 16.1x | 21.2x | 4.6x |
| Sun, 29 Jun 2025 | HK$776.5b | HK$167.2b | HK$36.2b | 13.7x | 21.5x | 4.6x |
| Tue, 27 May 2025 | HK$705.8b | HK$166.4b | HK$36.7b | 11.2x | 19.2x | 4.2x |
| Thu, 24 Apr 2025 | HK$607.4b | HK$160.5b | HK$33.0b | 11.6x | 18.4x | 3.8x |
| Sat, 22 Mar 2025 | HK$594.1b | HK$162.4b | HK$33.9b | 13x | 17.5x | 3.7x |
| Mon, 17 Feb 2025 | HK$644.6b | HK$162.6b | HK$30.8b | 12.6x | 20.9x | 4x |
| Wed, 15 Jan 2025 | HK$570.7b | HK$161.0b | HK$30.5b | 12.6x | 18.7x | 3.5x |
| Fri, 13 Dec 2024 | HK$585.2b | HK$162.2b | HK$30.7b | 14.3x | 19x | 3.6x |
| Sun, 10 Nov 2024 | HK$473.7b | HK$164.3b | HK$32.2b | 11.7x | 14.7x | 2.9x |
| Tue, 08 Oct 2024 | HK$106.8b | HK$49.7b | HK$1.0b | 10.9x | 106.3x | 2.2x |
| Thu, 05 Sep 2024 | HK$71.0b | HK$49.3b | HK$1.0b | 9.2x | 70.8x | 1.4x |
| Sat, 03 Aug 2024 | HK$77.0b | HK$49.8b | HK$2.4b | 6.7x | 32.4x | 1.5x |
| Mon, 01 Jul 2024 | HK$87.2b | HK$49.4b | HK$2.4b | 7.7x | 36.9x | 1.8x |
| Wed, 29 May 2024 | HK$99.4b | HK$49.8b | HK$2.0b | 10.3x | 49.9x | 2x |
| Fri, 26 Apr 2024 | HK$88.8b | HK$49.7b | HK$1.9b | 9.7x | 46.9x | 1.8x |
| Sun, 24 Mar 2024 | HK$94.9b | HK$52.3b | -HK$202,505,555.88 | 18.3x | -468.7x | 1.8x |
| Tue, 20 Feb 2024 | HK$96.0b | HK$52.4b | -HK$231,193,506.23 | 18.6x | -415.2x | 1.8x |
| Thu, 18 Jan 2024 | HK$72.9b | HK$44.1b | -HK$722,355,385.00 | 15.5x | -100.9x | 1.7x |
| Sat, 16 Dec 2023 | HK$82.5b | HK$44.5b | -HK$727,791,149.00 | 16.7x | -113.4x | 1.9x |
| Mon, 13 Nov 2023 | HK$90.2b | HK$43.2b | -HK$7,253,834,287.00 | 14.6x | -12.4x | 2.1x |
| Wed, 11 Oct 2023 | HK$94.7b | HK$51.5b | -HK$6,770,332,555.00 | 15.3x | -14x | 1.8x |
| Fri, 08 Sep 2023 | HK$94.5b | HK$43.9b | -HK$7,365,897,533.00 | 16.4x | -12.8x | 2.2x |
| Sun, 06 Aug 2023 | HK$104.1b | HK$43.4b | -HK$8,901,562,110.00 | 14.1x | -11.7x | 2.4x |
-11.7x
How does Hong Kong Interactive Home Entertainment compare with similar industries?
| HK Market | 2.93% | |
| Telecom | 4.94% | |
| Entertainment | 5.07% | |
| Interactive Home Entertainment | 5.23% | |
| Movies and Entertainment | 3.92% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9999 NetEase | HK$206.60 | 8.2% +HK$49.9b | 1.1% | PE16.7x | |
| 2400 XD | HK$46.60 | 8.8% +HK$1.8b | -11.1% | PE12.5x | |
| 3888 Kingsoft | HK$25.38 | 4.0% +HK$1.3b | -29.0% | PE10.5x | |
| 797 7Road Holdings | HK$1.39 | 25.2% +HK$702.4m | 101.4% | PE81.2x | |
| 3798 Homeland Interactive Technology | HK$1.31 | 4.0% +HK$59.3m | 10.1% | PE22.6x |