Asiaray Media Group Limited's (HKG:1993) 29% Share Price Surge Not Quite Adding Up
Apr 25
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Hong Kong (HSI) Advertising Industry Analysis
UpdatedApr 27, 2025
DataAggregated Company Financials
Companies40
- 7D5.4%
- 3M14.1%
- 1Y26.5%
- YTDn/a
Over the last 7 days, the Advertising industry has risen 5.4%, driven by gains from Qunabox Group of 7.6%. In the same time, Qian Xun Technology was down 7.0%. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 79% per annum.
Industry Valuation and Performance
Has the Hong Kong Advertising Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Apr 2025 | HK$54.7b | HK$45.1b | -HK$2,733,685,482.61 | 8.3x | -20x | 1.2x |
| Tue, 25 Mar 2025 | HK$54.9b | HK$44.7b | -HK$2,149,931,270.20 | 9.5x | -25.5x | 1.2x |
| Thu, 20 Feb 2025 | HK$56.6b | HK$44.6b | -HK$2,035,330,067.49 | 10.1x | -27.8x | 1.3x |
| Sat, 18 Jan 2025 | HK$48.2b | HK$43.9b | -HK$2,065,619,383.38 | 10.2x | -23.3x | 1.1x |
| Mon, 16 Dec 2024 | HK$51.6b | HK$44.3b | -HK$2,095,979,568.90 | 10.8x | -24.6x | 1.2x |
| Wed, 13 Nov 2024 | HK$49.9b | HK$43.3b | -HK$2,174,160,323.79 | 10.5x | -23x | 1.2x |
| Fri, 11 Oct 2024 | HK$49.5b | HK$43.8b | -HK$2,207,456,334.47 | 10.3x | -22.4x | 1.1x |
| Sun, 08 Sep 2024 | HK$34.4b | HK$46.2b | -HK$1,983,458,988.82 | 10.3x | -17.3x | 0.7x |
| Tue, 06 Aug 2024 | HK$22.0b | HK$43.7b | HK$145.4m | 9.6x | 151.5x | 0.5x |
| Thu, 04 Jul 2024 | HK$23.0b | HK$43.3b | HK$137.6m | 8.5x | 166.9x | 0.5x |
| Sat, 01 Jun 2024 | HK$18.4b | HK$42.4b | HK$20.1m | 9.4x | 916.6x | 0.4x |
| Mon, 29 Apr 2024 | HK$18.3b | HK$41.9b | -HK$10,230,176.95 | 9.3x | -1785.9x | 0.4x |
| Wed, 27 Mar 2024 | HK$20.7b | HK$41.6b | -HK$194,668,836.48 | 9.2x | -106.1x | 0.5x |
| Fri, 23 Feb 2024 | HK$18.3b | HK$40.4b | -HK$504,342,786.79 | 10.3x | -36.3x | 0.5x |
| Sun, 21 Jan 2024 | HK$19.7b | HK$40.0b | -HK$1,043,966,730.00 | 9.5x | -18.9x | 0.5x |
| Tue, 19 Dec 2023 | HK$23.5b | HK$39.9b | -HK$1,043,885,259.00 | 12.3x | -22.6x | 0.6x |
| Thu, 16 Nov 2023 | HK$24.6b | HK$39.2b | -HK$1,140,582,208.00 | 11.3x | -21.5x | 0.6x |
| Sat, 14 Oct 2023 | HK$22.0b | HK$38.7b | -HK$1,118,594,941.00 | 9.2x | -19.7x | 0.6x |
| Mon, 11 Sep 2023 | HK$22.3b | HK$38.6b | -HK$1,093,307,028.00 | 8.7x | -20.4x | 0.6x |
| Wed, 09 Aug 2023 | HK$26.0b | HK$37.8b | -HK$1,140,254,133.00 | 10.9x | -22.8x | 0.7x |
| Fri, 07 Jul 2023 | HK$24.4b | HK$37.5b | -HK$1,181,261,414.00 | 11.4x | -20.7x | 0.6x |
| Sun, 04 Jun 2023 | HK$26.0b | HK$37.9b | -HK$1,371,503,734.00 | 11.3x | -19x | 0.7x |
| Tue, 02 May 2023 | HK$23.1b | HK$37.7b | -HK$1,234,593,697.00 | 12.2x | -18.7x | 0.6x |
| Thu, 30 Mar 2023 | HK$24.4b | HK$36.1b | HK$4.3m | 10.6x | 5726.4x | 0.7x |
| Sat, 25 Feb 2023 | HK$28.6b | HK$35.4b | HK$60.9m | 13x | 469.4x | 0.8x |
| Mon, 23 Jan 2023 | HK$31.1b | HK$35.8b | HK$92.0m | 15.6x | 337.4x | 0.9x |
| Wed, 21 Dec 2022 | HK$30.2b | HK$35.2b | HK$83.7m | 14x | 360.2x | 0.9x |
| Fri, 18 Nov 2022 | HK$29.8b | HK$35.1b | HK$52.4m | 17.2x | 568.6x | 0.8x |
| Sun, 16 Oct 2022 | HK$19.9b | HK$34.6b | -HK$984,235.00 | 12.6x | -20226.1x | 0.6x |
| Tue, 13 Sep 2022 | HK$20.9b | HK$35.1b | HK$125.7m | 12.4x | 166x | 0.6x |
| Thu, 11 Aug 2022 | HK$21.3b | HK$33.7b | -HK$94,811,418.00 | 8.6x | -225.2x | 0.6x |
| Sat, 09 Jul 2022 | HK$27.4b | HK$33.8b | -HK$88,992,061.00 | 10.3x | -308x | 0.8x |
| Mon, 06 Jun 2022 | HK$29.2b | HK$33.8b | HK$192.4m | 19.3x | 151.7x | 0.9x |
| Wed, 04 May 2022 | HK$29.6b | HK$34.0b | HK$89.6m | 14.9x | 330.6x | 0.9x |
Price to Earnings Ratio
330.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Advertising industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 0.74x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Advertising industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 9.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Hong Kong Advertising compare with similar industries?
| HK Market | 2.19% | |
| Telecom | 1.21% | |
| Media | 3.28% | |
| Advertising | 5.42% | |
| Publishing | 1.22% | |
| Cable and Satellite | 0% | 0 |
| Broadcasting | -1.94% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 917 Qunabox Group | HK$113.60 | 7.6% +HK$2.1b | n/a | PS20.9x | |
| 2405 Powerwin Tech Group | HK$3.12 | 13.0% +HK$288.0m | 12.6% | PE591.5x | |
| 1860 Mobvista | HK$5.68 | 2.0% +HK$166.3m | 110.4% | PE70.3x | |
| 752 Pico Far East Holdings | HK$1.86 | 6.3% +HK$137.7m | 15.5% | PE6.5x | |
| 1993 Asiaray Media Group | HK$0.99 | 33.8% +HK$119.5m | 15.1% | PS0.4x |
