Hong Kong (HSI) Publishing Industry Analysis

Industry Valuation and Performance

Has the Hong Kong Publishing Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 13 Jun 2026	HK$42.5b	HK$26.1b	HK$468.8m	14.2x	90.6x	1.6x
Mon, 11 May 2026	HK$48.7b	HK$26.0b	HK$463.4m	15.1x	105x	1.9x
Wed, 08 Apr 2026	HK$46.6b	HK$25.8b	HK$484.5m	15.1x	96.2x	1.8x
Fri, 06 Mar 2026	HK$49.0b	HK$24.8b	HK$1.8b	25.1x	27.6x	2x
Sun, 01 Feb 2026	HK$57.2b	HK$24.5b	HK$1.8b	26x	32.6x	2.3x
Tue, 30 Dec 2025	HK$51.0b	HK$24.3b	HK$1.7b	26.8x	29.5x	2.1x
Thu, 27 Nov 2025	HK$57.1b	HK$24.1b	HK$1.8b	28.9x	32.6x	2.4x
Sat, 25 Oct 2025	HK$59.7b	HK$24.3b	HK$1.8b	16.2x	32.9x	2.5x
Mon, 22 Sep 2025	HK$63.4b	HK$24.4b	HK$1.8b	16.5x	34.9x	2.6x
Wed, 20 Aug 2025	HK$64.9b	HK$24.6b	HK$1.7b	16.5x	38x	2.6x
Fri, 18 Jul 2025	HK$52.4b	HK$25.8b	HK$1.3b	12.5x	39.2x	2x
Sun, 15 Jun 2025	HK$50.9b	HK$25.9b	HK$1.4b	10.7x	37.3x	2x
Tue, 13 May 2025	HK$47.4b	HK$25.6b	HK$1.4b	7.7x	33.9x	1.8x
Thu, 10 Apr 2025	HK$44.6b	HK$25.1b	HK$1.3b	8.1x	34.1x	1.8x
Sat, 08 Mar 2025	HK$45.3b	HK$25.3b	HK$2.6b	10x	17.7x	1.8x
Mon, 03 Feb 2025	HK$46.1b	HK$25.3b	HK$2.6b	10.1x	18x	1.8x
Wed, 01 Jan 2025	HK$46.5b	HK$25.1b	HK$2.5b	10.3x	18.3x	1.9x
Fri, 29 Nov 2024	HK$46.1b	HK$25.3b	HK$2.6b	10.6x	18x	1.8x
Sun, 27 Oct 2024	HK$48.7b	HK$25.6b	HK$2.6b	10.3x	18.6x	1.9x
Tue, 24 Sep 2024	HK$43.8b	HK$25.9b	HK$2.7b	9.1x	16.5x	1.7x
Thu, 22 Aug 2024	HK$43.1b	HK$25.4b	HK$2.7b	9.9x	16.2x	1.7x
Sat, 20 Jul 2024	HK$44.3b	HK$24.1b	HK$2.5b	10x	17.9x	1.8x
Mon, 17 Jun 2024	HK$48.4b	HK$24.2b	HK$2.4b	7.6x	19.9x	2x
Wed, 15 May 2024	HK$50.6b	HK$24.2b	HK$2.5b	7.7x	20.4x	2.1x
Fri, 12 Apr 2024	HK$47.0b	HK$24.1b	HK$2.5b	7.2x	19x	1.9x
Sun, 10 Mar 2024	HK$43.1b	HK$23.8b	HK$2.4b	8x	18.1x	1.8x
Tue, 06 Feb 2024	HK$36.6b	HK$23.9b	HK$2.4b	8.6x	15.1x	1.5x
Thu, 04 Jan 2024	HK$46.4b	HK$23.8b	HK$2.4b	9.2x	19.3x	1.9x
Sat, 02 Dec 2023	HK$45.3b	HK$23.9b	HK$2.4b	9.9x	18.8x	1.9x
Mon, 30 Oct 2023	HK$43.9b	HK$23.2b	HK$2.4b	12x	18.5x	1.9x
Wed, 27 Sep 2023	HK$45.8b	HK$23.2b	HK$2.4b	12x	19.3x	2x
Fri, 25 Aug 2023	HK$35.8b	HK$11.0b	HK$786.1m	17.4x	45.6x	3.2x
Sun, 23 Jul 2023	HK$38.8b	HK$12.0b	HK$658.6m	34.8x	59x	3.2x
Tue, 20 Jun 2023	HK$43.6b	HK$12.1b	HK$701.2m	34.8x	62.1x	3.6x

Current Industry PE

Investors are optimistic on the Hong Kong Publishing industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 90.6x which is higher than its 3-year average PE of 32.6x.

The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.6x.

Past Earnings Growth

The earnings for companies in the Publishing industry have declined 13% per year over the last three years.
Meanwhile revenues for these companies have grown 29% 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 Publishing compare with similar industries?


HK Market	0.19%
Telecom	1.06%
Media	-1.02%
Publishing	0.54%
Broadcasting	2.38%
Cable and Satellite	0%	0
Advertising	-2.59%

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
772 China Literature	HK$23.46	1.6% +HK$388.2m	-23.1%	PS2.8x
426 One Media Group	HK$0.26	99.2% +HK$50.9m	466.7%	PS3.1x
2383 TOM Group	HK$0.39	2.7% +HK$39.6m	-15.4%	PS2.1x
8006 Sino Splendid Holdings	HK$0.11	6.9% +HK$2.6m	17.4%	PS1x
8238 Winto Group (Holdings)	HK$0.15	4.3% +HK$2.1m	-28.4%	PS1.9x

New major risk - Revenue and earnings growth

Earnings have declined by 55% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. Earnings have declined by 55% per year over the past 5 years. Minor Risk Market cap is less than US$100m (HK$337.3m market cap, or US$43.0m).

Hong Kong (HSI) Publishing Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Winto Group (Holdings) Limited announced that it expects to receive HKD 3.5 million in funding

Hong Kong Economic Times Holdings Limited to Report Fiscal Year 2026 Results on Jun 22, 2026

Sino Splendid Holdings Limited, Annual General Meeting, Jun 30, 2026

Oriental Media Group Limited to Report Fiscal Year 2026 Results on Jun 18, 2026

New major risk - Revenue and earnings growth

772: Paperless Regime Adoption Will Support Future Upside Potential

Full year 2026 earnings released: HK$0.068 loss per share (vs HK$0.064 loss in FY 2025)

Sing Tao News Corporation Limited Announces Management Changes, Effective May 29, 2026

Culturecom Holdings Limited has completed a Follow-on Equity Offering in the amount of HKD 6.99983 million.

Upcoming dividend of CN¥0.42 per share

Full year 2025 earnings released: HK$0.051 loss per share (vs HK$0.065 loss in FY 2024)