SMIT Holdings Limited's (HKG:2239) CEO Compensation Is Looking A Bit Stretched At The Moment
May 24
Hong Kong (HSI) Electronic Equipment and Instruments Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies17
- 7D-1.8%
- 3M19.3%
- 1Y-2.2%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 1.8%, driven by a pullback from Robosense Technology of 15%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Hong Kong Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$104.5b | HK$91.0b | HK$5.5b | 11.8x | 19.1x | 1.1x |
| Sat, 27 Apr 2024 | HK$102.6b | HK$91.9b | HK$5.3b | 10.4x | 19.4x | 1.1x |
| Mon, 25 Mar 2024 | HK$98.1b | HK$91.9b | HK$6.0b | 8.4x | 16.5x | 1.1x |
| Wed, 21 Feb 2024 | HK$90.1b | HK$93.2b | HK$6.1b | 7.7x | 14.8x | 1x |
| Fri, 19 Jan 2024 | HK$67.7b | HK$93.3b | HK$6.1b | 7.8x | 11.1x | 0.7x |
| Sun, 17 Dec 2023 | HK$70.5b | HK$93.8b | HK$6.1b | 7.7x | 11.5x | 0.8x |
| Tue, 14 Nov 2023 | HK$72.9b | HK$92.5b | HK$6.2b | 7.2x | 11.8x | 0.8x |
| Thu, 12 Oct 2023 | HK$75.0b | HK$93.1b | HK$6.1b | 7.5x | 12.3x | 0.8x |
| Sat, 09 Sep 2023 | HK$79.6b | HK$91.3b | HK$5.9b | 8.8x | 13.4x | 0.9x |
| Mon, 07 Aug 2023 | HK$91.3b | HK$97.6b | HK$6.2b | 8.5x | 14.8x | 0.9x |
| Wed, 05 Jul 2023 | HK$87.0b | HK$82.4b | HK$6.0b | 8.6x | 14.6x | 1.1x |
| Fri, 02 Jun 2023 | HK$86.7b | HK$83.7b | HK$6.4b | 8.3x | 13.6x | 1x |
| Sun, 30 Apr 2023 | HK$99.1b | HK$85.6b | HK$6.5b | 9.4x | 15.2x | 1.2x |
| Tue, 28 Mar 2023 | HK$89.5b | HK$84.6b | HK$6.7b | 8.5x | 13.3x | 1.1x |
| Thu, 23 Feb 2023 | HK$88.6b | HK$83.3b | HK$6.2b | 11.2x | 14.4x | 1.1x |
| Sat, 21 Jan 2023 | HK$85.8b | HK$84.2b | HK$6.2b | 10.1x | 13.8x | 1x |
| Mon, 19 Dec 2022 | HK$78.1b | HK$82.3b | HK$6.1b | 9.8x | 12.8x | 0.9x |
| Wed, 16 Nov 2022 | HK$75.4b | HK$81.5b | HK$6.1b | 10.3x | 12.5x | 0.9x |
| Fri, 14 Oct 2022 | HK$70.4b | HK$79.7b | HK$6.0b | 12.5x | 11.7x | 0.9x |
| Sun, 11 Sep 2022 | HK$79.8b | HK$81.6b | HK$6.1b | 10.5x | 13x | 1x |
| Tue, 09 Aug 2022 | HK$82.1b | HK$79.4b | HK$6.1b | 8.2x | 13.4x | 1x |
| Thu, 07 Jul 2022 | HK$78.7b | HK$79.7b | HK$6.1b | 7.9x | 12.8x | 1x |
| Sat, 04 Jun 2022 | HK$71.8b | HK$71.7b | HK$5.8b | 7.4x | 12.3x | 1x |
| Mon, 02 May 2022 | HK$68.7b | HK$72.0b | HK$5.9b | 7.3x | 11.7x | 1x |
| Wed, 30 Mar 2022 | HK$71.2b | HK$73.1b | HK$5.9b | 6.7x | 12.1x | 1x |
| Fri, 25 Feb 2022 | HK$77.1b | HK$76.7b | HK$6.1b | 6.1x | 12.7x | 1x |
| Sun, 23 Jan 2022 | HK$78.6b | HK$76.3b | HK$6.0b | 6.8x | 13.1x | 1x |
| Tue, 21 Dec 2021 | HK$77.1b | HK$76.1b | HK$6.0b | 7.1x | 12.8x | 1x |
| Thu, 18 Nov 2021 | HK$77.2b | HK$75.4b | HK$5.9b | 7x | 13x | 1x |
| Sat, 16 Oct 2021 | HK$83.1b | HK$77.1b | HK$6.3b | 7.3x | 13.2x | 1.1x |
| Mon, 13 Sep 2021 | HK$87.8b | HK$76.9b | HK$6.3b | 9.4x | 14x | 1.1x |
| Wed, 11 Aug 2021 | HK$83.2b | HK$76.9b | HK$6.3b | 10x | 13.3x | 1.1x |
| Sun, 06 Jun 2021 | HK$90.1b | HK$72.8b | HK$6.0b | 7.8x | 14.9x | 1.2x |
Price to Earnings Ratio
14.9x
Current Industry PE
- Investors are optimistic on the Hong Kong Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.1x which is higher than its 3-year average PE of 13.5x.
- The 3-year average PS ratio of 1.00x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have declined 3.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.7% 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 Electronic Equipment and Instruments compare with similar industries?
| HK Market | -0.73% | |
| Tech | -0.23% | |
| Electronic Equipment and Components | -0.59% | |
| Electronic Equipment and Instruments | -1.78% | |
| Technology Distributors | 1.71% | |
| Electronic Manufacturing Services | 0.91% | |
| Electronic Components | -0.60% | |
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 | |
|---|---|---|---|---|---|
| 3393 Wasion Holdings | HK$7.24 | 2.1% +HK$149.4m | 127.0% | PE12.8x | |
| 2481 Wise Living Technology | HK$2.69 | 8.9% +HK$66.4m | n/a | PE5.1x | |
| 2239 SMIT Holdings | HK$1.50 | 7.1% +HK$32.5m | -23.1% | PS2.8x | |
| 591 China High Precision Automation Group | HK$0.16 | 7.2% +HK$11.4m | -27.9% | PS1.1x | |
| 8051 CircuTech International Holdings | HK$3.10 | 3.0% +HK$2.1m | -34.0% | PE12.3x |
