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Chinese (SSE) Electrical Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies321
  • 7D-3.1%
  • 3M12.7%
  • 1Y52.1%
  • YTD9.3%

Over the last 7 days, the Electrical industry has dropped 3.1%, driven by Contemporary Amperex Technology declining 1.6%. Meanwhile, Ningbo Deye Technology Group actually outperformed within the industry, gaining 5.4% in the last week. This takes the industry's 12 month performance to a gain of 52%. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Chinese Electrical Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026CN¥7.3tCN¥2.6tCN¥180.7b55.7x40.6x2.8x
Thu, 19 Feb 2026CN¥7.1tCN¥2.5tCN¥172.2b58x41.5x2.8x
Sat, 17 Jan 2026CN¥6.9tCN¥2.5tCN¥171.9b56.1x40.1x2.7x
Mon, 15 Dec 2025CN¥6.6tCN¥2.5tCN¥172.5b50.8x38.4x2.6x
Wed, 12 Nov 2025CN¥6.8tCN¥2.5tCN¥172.2b53.3x39.8x2.7x
Fri, 10 Oct 2025CN¥6.8tCN¥2.4tCN¥159.6b54.1x42.9x2.8x
Sun, 07 Sep 2025CN¥5.9tCN¥2.4tCN¥158.8b50.1x37.1x2.4x
Tue, 05 Aug 2025CN¥4.9tCN¥2.4tCN¥155.9b44.5x31.4x2.1x
Thu, 03 Jul 2025CN¥4.6tCN¥2.4tCN¥150.9b42.5x30.7x2x
Sat, 31 May 2025CN¥4.4tCN¥2.4tCN¥150.3b38.4x29.1x1.9x
Mon, 28 Apr 2025CN¥4.2tCN¥2.3tCN¥149.3b36.9x28.1x1.8x
Wed, 26 Mar 2025CN¥4.6tCN¥2.3tCN¥145.6b41.9x31.4x2x
Fri, 21 Feb 2025CN¥4.5tCN¥2.3tCN¥142.8b40.4x31.8x2x
Sun, 19 Jan 2025CN¥4.3tCN¥2.2tCN¥141.6b36.9x30.1x1.9x
Tue, 17 Dec 2024CN¥4.5tCN¥2.2tCN¥141.6b37.4x31.4x2x
Thu, 14 Nov 2024CN¥4.7tCN¥2.2tCN¥141.4b37.7x33.2x2.1x
Sat, 12 Oct 2024CN¥4.0tCN¥2.1tCN¥134.4b30.5x29.5x1.9x
Mon, 09 Sep 2024CN¥3.3tCN¥2.1tCN¥134.3b26.3x24.4x1.6x
Wed, 07 Aug 2024CN¥3.3tCN¥2.1tCN¥138.5b28.2x23.9x1.6x
Fri, 05 Jul 2024CN¥3.3tCN¥2.1tCN¥137.3b28.3x24.1x1.6x
Sun, 02 Jun 2024CN¥3.7tCN¥2.1tCN¥137.2b32.6x26.9x1.7x
Tue, 30 Apr 2024CN¥3.7tCN¥2.1tCN¥143.8b31.2x26.1x1.8x
Thu, 28 Mar 2024CN¥3.5tCN¥2.1tCN¥150.4b29.6x23.5x1.7x
Sat, 24 Feb 2024CN¥3.3tCN¥2.2tCN¥152.7b28x21.5x1.5x
Mon, 22 Jan 2024CN¥3.4tCN¥2.2tCN¥152.8b32.2x22.4x1.6x
Wed, 20 Dec 2023CN¥3.4tCN¥2.1tCN¥150.8b32.7x22.7x1.6x
Fri, 17 Nov 2023CN¥3.9tCN¥2.1tCN¥152.3b34.8x25.3x1.8x
Sun, 15 Oct 2023CN¥3.8tCN¥2.1tCN¥156.0b34.3x24.5x1.8x
Tue, 12 Sep 2023CN¥4.0tCN¥2.1tCN¥156.1b35.3x25.6x1.9x
Thu, 10 Aug 2023CN¥4.3tCN¥2.1tCN¥156.2b35.9x27.8x2.1x
Sat, 08 Jul 2023CN¥4.2tCN¥2.0tCN¥151.4b38.5x28.1x2.1x
Mon, 05 Jun 2023CN¥4.2tCN¥2.0tCN¥150.9b36.4x28.1x2.1x
Wed, 03 May 2023CN¥4.2tCN¥2.0tCN¥150.1b35.2x28x2.1x
Fri, 31 Mar 2023CN¥4.3tCN¥1.8tCN¥121.7b37.3x35.4x2.4x
Price to Earnings Ratio

35.4x


Total Market Cap: CN¥4.3tTotal Earnings: CN¥121.7bTotal Revenue: CN¥1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Electrical Industry Price to Earnings3Y Average 29.8x202420252026
Current Industry PE
  • Investors are optimistic on the Chinese Electrical industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.6x which is higher than its 3-year average PE of 29.8x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Industrials industry?

CN Market-4.19%
Industrials-4.72%
Electrical-3.05%
Electrical Components-2.26%
Heavy Electrical Equipment-7.43%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 42.9x.
    • Analysts are expecting annual earnings growth of 31.6%, which is higher than its past year's earnings growth of 4.6% per year.
  • Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 28.3x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 4.6% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
605117 Ningbo Deye Technology GroupCN¥136.995.4%
+CN¥6.3b
104.7%PE40.5x
300763 Ginlong TechnologiesCN¥113.0511.5%
+CN¥4.6b
112.8%PE50.6x
301658 Shenzhen SOFARSOLARCN¥60.8122.5%
+CN¥4.6b
n/aPE161.4x
688411 Beijing HyperStrong TechnologyCN¥278.006.3%
+CN¥3.0b
254.7%PE57.1x
300014 EVE EnergyCN¥71.131.7%
+CN¥2.4b
46.1%PE39.7x

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