Is CMGE Technology Group (HKG:302) A Risky Investment?
May 28
Hong Kong (HSI) Interactive Home Entertainment Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies26
- 7D-0.008%
- 3M-7.9%
- 1Y-13.7%
- YTDn/a
The Interactive Home Entertainment is pretty flat in the last 7 days, but ZX has stood out, gaining 12%. Unfortunately though, the industry is down 14% over the past 12 months. Earnings are forecast to grow by 47% annually.
Industry Valuation and Performance
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 May 2024 | HK$98.0b | HK$49.8b | HK$2.0b | 10.6x | 49.2x | 2x |
| Sat, 27 Apr 2024 | HK$93.9b | HK$49.7b | HK$1.9b | 9.8x | 49.6x | 1.9x |
| Mon, 25 Mar 2024 | HK$94.9b | HK$52.5b | HK$205.5m | 18.3x | 461.8x | 1.8x |
| Wed, 21 Feb 2024 | HK$92.6b | HK$52.4b | -HK$231,194,894.66 | 18x | -400.3x | 1.8x |
| Fri, 19 Jan 2024 | HK$73.6b | HK$44.1b | -HK$722,208,356.00 | 15.5x | -101.9x | 1.7x |
| Sun, 17 Dec 2023 | HK$82.5b | HK$44.4b | -HK$726,726,776.00 | 16.7x | -113.5x | 1.9x |
| Tue, 14 Nov 2023 | HK$92.2b | HK$43.2b | -HK$7,251,029,140.00 | 14.6x | -12.7x | 2.1x |
| Thu, 12 Oct 2023 | HK$95.1b | HK$51.5b | -HK$6,765,701,069.00 | 15.3x | -14.1x | 1.8x |
| Sat, 09 Sep 2023 | HK$94.5b | HK$43.8b | -HK$7,352,272,563.00 | 16.4x | -12.9x | 2.2x |
| Mon, 07 Aug 2023 | HK$104.1b | HK$43.4b | -HK$8,901,562,110.00 | 14.1x | -11.7x | 2.4x |
| Wed, 05 Jul 2023 | HK$103.6b | HK$43.2b | -HK$8,865,548,099.00 | 15.1x | -11.7x | 2.4x |
| Fri, 02 Jun 2023 | HK$100.9b | HK$43.8b | -HK$9,003,381,627.00 | 14.4x | -11.2x | 2.3x |
| Sun, 30 Apr 2023 | HK$115.1b | HK$44.7b | -HK$9,417,419,628.00 | 14.4x | -12.2x | 2.6x |
| Tue, 28 Mar 2023 | HK$118.1b | HK$44.3b | -HK$7,840,731,224.00 | 6x | -15.1x | 2.7x |
| Thu, 23 Feb 2023 | HK$103.0b | HK$44.4b | -HK$7,417,545,757.00 | 6.4x | -13.9x | 2.3x |
| Sat, 21 Jan 2023 | HK$102.6b | HK$45.0b | -HK$7,527,733,630.00 | 5.9x | -13.6x | 2.3x |
| Mon, 19 Dec 2022 | HK$90.7b | HK$43.0b | -HK$7,333,889,499.00 | 4.5x | -12.4x | 2.1x |
| Wed, 16 Nov 2022 | HK$93.0b | HK$42.4b | HK$43.7m | 5.3x | 2130x | 2.2x |
| Fri, 14 Oct 2022 | HK$76.1b | HK$42.0b | HK$57.4m | 5.8x | 1327.6x | 1.8x |
| Sun, 11 Sep 2022 | HK$93.9b | HK$43.2b | HK$58.2m | 6.2x | 1614x | 2.2x |
| Tue, 09 Aug 2022 | HK$96.8b | HK$44.6b | HK$2.0b | 8x | 49.1x | 2.2x |
| Thu, 07 Jul 2022 | HK$103.5b | HK$44.9b | HK$2.0b | 8x | 52.3x | 2.3x |
| Sat, 04 Jun 2022 | HK$102.5b | HK$45.3b | HK$2.1b | 7.9x | 49.8x | 2.3x |
| Mon, 02 May 2022 | HK$99.3b | HK$50.8b | HK$2.3b | 8.5x | 43.1x | 2x |
| Wed, 30 Mar 2022 | HK$106.2b | HK$54.9b | HK$3.8b | 6.8x | 27.7x | 1.9x |
| Fri, 25 Feb 2022 | HK$112.5b | HK$53.2b | HK$5.1b | 7.3x | 21.9x | 2.1x |
| Sun, 23 Jan 2022 | HK$133.0b | HK$52.9b | HK$5.1b | 7.6x | 26.1x | 2.5x |
| Tue, 21 Dec 2021 | HK$133.2b | HK$52.8b | HK$5.1b | 7.8x | 26.2x | 2.5x |
| Thu, 18 Nov 2021 | HK$154.4b | HK$52.6b | HK$5.1b | 10.1x | 30.5x | 2.9x |
| Sat, 16 Oct 2021 | HK$137.8b | HK$52.1b | HK$5.1b | 8.9x | 26.8x | 2.6x |
| Mon, 13 Sep 2021 | HK$91.0b | HK$44.3b | HK$3.8b | 8.2x | 24.2x | 2.1x |
| Wed, 11 Aug 2021 | HK$100.6b | HK$44.7b | HK$3.9b | 9x | 26x | 2.3x |
| Sun, 06 Jun 2021 | HK$125.7b | HK$43.2b | HK$3.8b | 10.6x | 32.8x | 2.9x |
Price to Earnings Ratio
32.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Interactive Home Entertainment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 49.2x which is lower than its 3-year average PE of 101x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Interactive Home Entertainment industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.8% 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 Interactive Home Entertainment compare with similar industries?
| HK Market | -2.07% | |
| Telecom | -2.13% | |
| Entertainment | -1.11% | |
| Interactive Home Entertainment | -0.0082% | |
| Movies and Entertainment | -2.20% | |
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 | |
|---|---|---|---|---|---|
| 9890 ZX | HK$27.90 | 12.3% +HK$1.6b | n/a | PE56.8x | |
| 302 CMGE Technology Group | HK$1.49 | 22.1% +HK$742.9m | -25.1% | PS1.5x | |
| 1119 iDreamSky Technology Holdings | HK$3.10 | 1.6% +HK$77.8m | 3.3% | PS2.3x | |
| 6933 Sino-Entertainment Technology Holdings | HK$0.21 | 12.6% +HK$10.0m | -23.2% | PS9.2x | |
| 6860 FingerTango | HK$0.088 | 4.8% +HK$7.7m | -16.2% | PE23.1x |
