Narrative Update • Apr 30
The Publishing is pretty flat in the last 7 days, but China Literature has stood out, gaining 12%. As for the longer term, the industry has declined 6.6% in the last year. Looking forward, earnings are forecast to grow by 32% annually.
Has the Hong Kong Publishing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | HK$46.3b | HK$26.0b | HK$462.7m | 15.1x | 100.2x | 1.8x |
| Sun, 05 Apr 2026 | HK$46.6b | HK$25.8b | HK$484.5m | 15.1x | 96.2x | 1.8x |
| Tue, 03 Mar 2026 | HK$51.5b | HK$24.9b | HK$1.8b | 26x | 28.8x | 2.1x |
| Thu, 29 Jan 2026 | HK$57.8b | HK$24.5b | HK$1.8b | 27.2x | 33x | 2.4x |
| Sat, 27 Dec 2025 | HK$51.3b | HK$24.3b | HK$1.7b | 26.8x | 29.7x | 2.1x |
| Mon, 24 Nov 2025 | HK$54.2b | HK$24.0b | HK$1.7b | 28.9x | 31.3x | 2.3x |
| Wed, 22 Oct 2025 | HK$58.1b | HK$24.3b | HK$1.8b | 16.5x | 32x | 2.4x |
| Fri, 19 Sep 2025 | HK$64.3b | HK$24.4b | HK$1.8b | 16.5x | 35.4x | 2.6x |
| Sun, 17 Aug 2025 | HK$58.8b | HK$24.6b | HK$1.7b | 16.5x | 34.4x | 2.4x |
| Tue, 15 Jul 2025 | HK$51.1b | HK$25.8b | HK$1.3b | 12.5x | 38.1x | 2x |
| Thu, 12 Jun 2025 | HK$51.8b | HK$25.9b | HK$1.4b | 8.1x | 35.9x | 2x |
| Sat, 10 May 2025 | HK$47.0b | HK$25.5b | HK$1.4b | 7.7x | 33.8x | 1.8x |
| Mon, 07 Apr 2025 | HK$47.1b | HK$25.4b | HK$1.3b | 8.2x | 35.5x | 1.9x |
| Wed, 05 Mar 2025 | HK$43.8b | HK$25.2b | HK$2.6b | 10.1x | 17.1x | 1.7x |
| Fri, 31 Jan 2025 | HK$46.1b | HK$25.3b | HK$2.6b | 10.1x | 18x | 1.8x |
| Sun, 29 Dec 2024 | HK$46.8b | HK$25.1b | HK$2.5b | 10.3x | 18.4x | 1.9x |
| Tue, 26 Nov 2024 | HK$43.8b | HK$25.4b | HK$2.6b | 10x | 17.1x | 1.7x |
| Thu, 24 Oct 2024 | HK$48.3b | HK$25.6b | HK$2.6b | 10.1x | 18.5x | 1.9x |
| Sat, 21 Sep 2024 | HK$43.8b | HK$25.9b | HK$2.7b | 9.1x | 16.5x | 1.7x |
| Mon, 19 Aug 2024 | HK$43.6b | HK$25.3b | HK$2.6b | 10.1x | 16.4x | 1.7x |
| Wed, 17 Jul 2024 | HK$44.5b | HK$24.1b | HK$2.5b | 10x | 18x | 1.9x |
| Fri, 14 Jun 2024 | HK$47.4b | HK$24.2b | HK$2.4b | 7.6x | 19.5x | 2x |
| Sun, 12 May 2024 | HK$50.4b | HK$24.3b | HK$2.5b | 7.5x | 20.3x | 2.1x |
| Tue, 09 Apr 2024 | HK$45.6b | HK$24.1b | HK$2.5b | 7.3x | 18.4x | 1.9x |
| Thu, 07 Mar 2024 | HK$42.9b | HK$23.7b | HK$2.4b | 8.2x | 18.1x | 1.8x |
| Sat, 03 Feb 2024 | HK$39.6b | HK$24.0b | HK$2.4b | 8.6x | 16.4x | 1.7x |
| Mon, 01 Jan 2024 | HK$47.3b | HK$24.0b | HK$2.4b | 9.4x | 19.5x | 2x |
| Wed, 29 Nov 2023 | HK$45.5b | HK$23.7b | HK$2.4b | 10.2x | 18.8x | 1.9x |
| Fri, 27 Oct 2023 | HK$42.9b | HK$23.2b | HK$2.4b | 11.8x | 18.1x | 1.8x |
| Sun, 24 Sep 2023 | HK$46.8b | HK$23.3b | HK$2.4b | 12.1x | 19.7x | 2x |
| Tue, 22 Aug 2023 | HK$35.4b | HK$11.0b | HK$782.2m | 16.3x | 45.3x | 3.2x |
| Thu, 20 Jul 2023 | HK$38.3b | HK$11.9b | HK$654.8m | 34.5x | 58.4x | 3.2x |
| Sat, 17 Jun 2023 | HK$43.2b | HK$12.1b | HK$706.2m | 34.4x | 61.2x | 3.6x |
| Mon, 15 May 2023 | HK$37.3b | HK$12.3b | HK$735.9m | 24.6x | 50.7x | 3x |
50.7x
How does Hong Kong Publishing compare with similar industries?
| HK Market | -0.53% | |
| Telecom | -1.73% | |
| Media | 1.86% | |
| Publishing | 0.12% | |
| Advertising | 3.52% | |
| Cable and Satellite | 0% | 0 |
| Broadcasting | -0.55% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 772 China Literature | HK$27.60 | 12.4% +HK$3.1b | 4.3% | PS3.3x | |
| 811 Xinhua Winshare Publishing and Media | HK$10.38 | 0.6% +HK$74.0m | -3.5% | PE7.1x | |
| 2383 TOM Group | HK$0.40 | 1.3% +HK$19.8m | -15.8% | PS2.2x | |
| 18 Oriental Media Group | HK$0.28 | 1.9% +HK$12.0m | -32.9% | PE23x | |
| 8238 Winto Group (Holdings) | HK$0.14 | 7.6% +HK$3.5m | 1.4% | PS1.8x |