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Chinese (SSE) Electrical Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies319
  • 7D1.9%
  • 3M-0.1%
  • 1Y51.9%
  • YTD0.9%

The Electrical industry is up 1.9% in the last week, with Goldwind Science&Technology up 29%. This means that the industry has gained 52% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 08 Jan 2026CN¥6.7tCN¥2.5tCN¥171.5b51.5x39.2x2.7x
Sat, 06 Dec 2025CN¥6.5tCN¥2.5tCN¥172.5b49.3x37.9x2.6x
Mon, 03 Nov 2025CN¥6.7tCN¥2.5tCN¥172.2b51.3x38.8x2.6x
Wed, 01 Oct 2025CN¥6.7tCN¥2.4tCN¥159.6b54.2x42.1x2.7x
Fri, 29 Aug 2025CN¥5.4tCN¥2.4tCN¥158.1b48.1x34.4x2.2x
Sun, 27 Jul 2025CN¥5.0tCN¥2.4tCN¥151.6b44.3x33.1x2.1x
Tue, 24 Jun 2025CN¥4.4tCN¥2.4tCN¥151.1b39.5x29.3x1.9x
Thu, 22 May 2025CN¥4.6tCN¥2.4tCN¥150.0b40.6x30.5x1.9x
Sat, 19 Apr 2025CN¥4.1tCN¥2.3tCN¥149.6b36.3x27.1x1.8x
Mon, 17 Mar 2025CN¥4.7tCN¥2.3tCN¥145.3b42x32.2x2.1x
Wed, 12 Feb 2025CN¥4.4tCN¥2.3tCN¥142.5b38.2x30.7x1.9x
Fri, 10 Jan 2025CN¥4.2tCN¥2.2tCN¥141.4b36.6x29.8x1.9x
Sun, 08 Dec 2024CN¥4.5tCN¥2.2tCN¥141.9b37.3x31.9x2x
Tue, 05 Nov 2024CN¥4.4tCN¥2.2tCN¥141.2b35.5x30.8x1.9x
Thu, 03 Oct 2024CN¥4.2tCN¥2.1tCN¥134.4b32.5x31.1x2x
Sat, 31 Aug 2024CN¥3.3tCN¥2.1tCN¥138.0b26.2x24x1.6x
Mon, 29 Jul 2024CN¥3.4tCN¥2.1tCN¥138.8b28.3x24.6x1.6x
Wed, 26 Jun 2024CN¥3.4tCN¥2.1tCN¥137.2b28.7x24.9x1.6x
Fri, 24 May 2024CN¥3.7tCN¥2.1tCN¥135.6b32.7x27.4x1.8x
Sun, 21 Apr 2024CN¥3.6tCN¥2.1tCN¥146.3b28.8x24.3x1.7x
Tue, 19 Mar 2024CN¥3.7tCN¥2.1tCN¥150.8b32x24.7x1.7x
Thu, 15 Feb 2024CN¥3.2tCN¥2.2tCN¥152.8b25.5x20.9x1.5x
Sat, 13 Jan 2024CN¥3.5tCN¥2.2tCN¥152.3b34.3x23.3x1.6x
Mon, 11 Dec 2023CN¥3.5tCN¥2.1tCN¥150.8b33.1x23.5x1.7x
Wed, 08 Nov 2023CN¥3.9tCN¥2.1tCN¥152.0b34.4x25.3x1.8x
Fri, 06 Oct 2023CN¥3.9tCN¥2.1tCN¥156.2b34.2x24.8x1.8x
Sun, 03 Sep 2023CN¥4.1tCN¥2.1tCN¥156.1b35.3x26.2x1.9x
Tue, 01 Aug 2023CN¥4.3tCN¥2.1tCN¥155.6b36.4x27.6x2.1x
Thu, 29 Jun 2023CN¥4.2tCN¥2.0tCN¥151.1b37.6x28x2.1x
Sat, 27 May 2023CN¥4.2tCN¥2.0tCN¥150.5b36.3x28x2.1x
Mon, 24 Apr 2023CN¥4.2tCN¥1.9tCN¥134.4b35.4x31.1x2.2x
Wed, 22 Mar 2023CN¥4.3tCN¥1.8tCN¥122.4b37.4x35.1x2.3x
Fri, 17 Feb 2023CN¥4.6tCN¥1.7tCN¥113.8b38x40.6x2.7x
Sun, 15 Jan 2023CN¥4.5tCN¥1.7tCN¥109.8b35.1x40.9x2.6x
Price to Earnings Ratio

40.9x


Total Market Cap: CN¥4.5tTotal Earnings: CN¥109.8bTotal Revenue: CN¥1.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Electrical Industry Price to Earnings3Y Average 29.7x202420252026
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 39.2x which is higher than its 3-year average PE of 29.7x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market3.38%
Industrials2.67%
Electrical1.88%
Heavy Electrical Equipment4.41%
Electrical Components1.49%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 40.9x.
    • Analysts are expecting annual earnings growth of 29.7%, which is higher than its past year's earnings growth of 4.0% 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 28.6x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 4.0% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 27% 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
002202 Goldwind Science&TechnologyCN¥26.4029.4%
+CN¥25.3b		161.9%PE43.4x
300750 Contemporary Amperex TechnologyCN¥371.011.0%
+CN¥17.0b		51.2%PE26.4x
603799 Zhejiang Huayou CobaltCN¥77.1913.1%
+CN¥16.7b		173.2%PE27x
300919 CNGR Advanced MaterialCN¥57.1523.4%
+CN¥11.0b		68.1%PE46.1x
600089 TBEACN¥24.198.9%
+CN¥9.9b		99.3%PE23.4x

Latest News

603662
CN¥68.86
Keli Sensing Technology (Ningbo)Ltd
7D
-4.4%
1Y
-11.1%
601179
CN¥10.59
China XD Electric
7D
16.4%
1Y
47.3%
300919
CN¥57.15
CNGR Advanced Material
7D
23.4%
1Y
68.1%
002202
CN¥26.40
Goldwind Science&Technology
7D
29.4%
1Y
161.9%

002202: Future Capital Structure Changes Will Likely Pressure Overvalued Shares

Analysts have lifted their price target on Goldwind Science & Technology to US$12.00 from US$9.14, citing updated assumptions that include a slightly lower discount rate, modestly higher revenue growth and profit margin estimates, and a higher future P/E multiple. What's in the News An extraordinary general meeting on December 19, 2025 approved amendments to Goldwind Science & Technology Co., Ltd.'s Articles of Association, updating the company's governing documents (Key Developments).
300207
CN¥25.86
Sunwoda ElectronicLtd
7D
-1.1%
1Y
25.0%
300014
CN¥69.69
EVE Energy
7D
6.0%
1Y
57.3%
300750
CN¥371.01
Contemporary Amperex Technology
7D
1.0%
1Y
51.2%
688698
CN¥96.06
Suzhou Veichi Electric
7D
-2.9%
1Y
113.2%
600580
CN¥47.44
Wolong Electric GroupLtd
7D
-3.4%
1Y
227.9%
600089
CN¥24.19
TBEA
7D
8.9%
1Y
99.3%
603606
CN¥58.92
Ningbo Orient Wires & CablesLtd
7D
-1.4%
1Y
8.1%
600406
CN¥23.48
NARI Technology
7D
4.4%
1Y
-0.5%
688676
CN¥86.89
Hainan Jinpan Smart Technology
7D
-3.8%
1Y
109.1%
603119
CN¥110.50
Zhejiang Rongtai Electric MaterialLtd
7D
-4.5%
1Y
415.4%
603799
CN¥77.19
Zhejiang Huayou Cobalt
7D
13.1%
1Y
173.2%
688668
CN¥119.15
Dongguan Dingtong Precision Metal
7D
-3.9%
1Y
121.4%