Chinese (SSE) Electrical Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 07 Jun 2026	CN¥7.5t	CN¥2.8t	CN¥195.9b	60.6x	38.2x	2.7x
Tue, 05 May 2026	CN¥7.7t	CN¥2.8t	CN¥195.1b	61.5x	39.5x	2.8x
Thu, 02 Apr 2026	CN¥7.1t	CN¥2.6t	CN¥179.9b	53.1x	39.4x	2.7x
Sat, 28 Feb 2026	CN¥7.2t	CN¥2.5t	CN¥172.0b	60.9x	42x	2.9x
Mon, 26 Jan 2026	CN¥7.1t	CN¥2.5t	CN¥171.9b	59.8x	41.1x	2.8x
Wed, 24 Dec 2025	CN¥6.6t	CN¥2.5t	CN¥172.2b	51.4x	38.1x	2.6x
Fri, 21 Nov 2025	CN¥6.5t	CN¥2.5t	CN¥172.5b	49.8x	37.8x	2.6x
Sun, 19 Oct 2025	CN¥6.2t	CN¥2.5t	CN¥159.9b	50.2x	38.6x	2.5x
Tue, 16 Sep 2025	CN¥6.1t	CN¥2.4t	CN¥159.3b	51.9x	38.4x	2.5x
Thu, 14 Aug 2025	CN¥5.2t	CN¥2.4t	CN¥155.8b	46.9x	33.1x	2.2x
Sat, 12 Jul 2025	CN¥4.8t	CN¥2.4t	CN¥151.1b	43.2x	31.9x	2x
Mon, 09 Jun 2025	CN¥4.5t	CN¥2.4t	CN¥150.3b	39.7x	29.7x	1.9x
Wed, 07 May 2025	CN¥4.3t	CN¥2.4t	CN¥151.2b	39.7x	28.7x	1.8x
Fri, 04 Apr 2025	CN¥4.4t	CN¥2.3t	CN¥145.3b	39.6x	30.3x	1.9x
Sun, 02 Mar 2025	CN¥4.6t	CN¥2.3t	CN¥142.6b	39.4x	31.9x	2x
Tue, 28 Jan 2025	CN¥4.3t	CN¥2.2t	CN¥141.8b	36.5x	30.4x	1.9x
Thu, 26 Dec 2024	CN¥4.4t	CN¥2.2t	CN¥141.4b	36.4x	31.3x	2x
Sat, 23 Nov 2024	CN¥4.4t	CN¥2.2t	CN¥141.7b	35.7x	30.9x	2x
Mon, 21 Oct 2024	CN¥4.1t	CN¥2.1t	CN¥136.9b	32.1x	29.7x	1.9x
Wed, 18 Sep 2024	CN¥3.3t	CN¥2.1t	CN¥133.5b	26.4x	24.5x	1.6x
Fri, 16 Aug 2024	CN¥3.3t	CN¥2.1t	CN¥138.7b	27.9x	23.6x	1.6x
Sun, 14 Jul 2024	CN¥3.4t	CN¥2.1t	CN¥137.3b	30.2x	24.5x	1.6x
Tue, 11 Jun 2024	CN¥3.6t	CN¥2.1t	CN¥137.2b	30.2x	26x	1.7x
Thu, 09 May 2024	CN¥3.7t	CN¥2.1t	CN¥138.5b	32.4x	26.8x	1.8x
Sat, 06 Apr 2024	CN¥3.7t	CN¥2.1t	CN¥150.5b	31.3x	24.5x	1.7x
Mon, 04 Mar 2024	CN¥3.4t	CN¥2.1t	CN¥151.0b	29.7x	22.7x	1.6x
Wed, 31 Jan 2024	CN¥3.1t	CN¥2.1t	CN¥152.5b	28.9x	20.5x	1.5x
Fri, 29 Dec 2023	CN¥3.6t	CN¥2.1t	CN¥150.8b	33.9x	23.9x	1.7x
Sun, 26 Nov 2023	CN¥3.7t	CN¥2.2t	CN¥152.5b	34.2x	24.3x	1.7x
Tue, 24 Oct 2023	CN¥3.6t	CN¥2.1t	CN¥157.9b	31.7x	22.8x	1.7x
Thu, 21 Sep 2023	CN¥3.8t	CN¥2.1t	CN¥156.1b	33x	24.4x	1.8x
Sat, 19 Aug 2023	CN¥4.1t	CN¥2.1t	CN¥155.6b	35x	26.6x	2x
Mon, 17 Jul 2023	CN¥4.3t	CN¥2.0t	CN¥151.7b	38.9x	28.5x	2.1x
Wed, 14 Jun 2023	CN¥4.1t	CN¥2.0t	CN¥151.0b	36.2x	27.1x	2x

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 38.2x which is higher than its 3-year average PE of 30.4x.

The 3-year average PS ratio of 2.1x 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 9.1% 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	-1.40%
Industrials	-2.00%
Electrical	-4.39%
Electrical Components	-3.97%
Heavy Electrical Equipment	-7.30%

Industry PE

Investors are most optimistic about the Heavy Electrical Equipment industry, which is trading close to its 3-year average PE ratio of 44.3x.

Analysts are expecting annual earnings growth of 29.7%, which is higher than its past year's earnings growth of 8.1% 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 28.8x.

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 8.1% 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?

Company	Last Price	7D	1Y	Valuation
688668 Dongguan Dingtong Precision Metal	CN¥395.97	36.6% +CN¥14.8b	613.5%	PE205.8x
600522 Jiangsu Zhongtian Technology	CN¥46.07	9.2% +CN¥13.2b	238.5%	PE49x
002851 Shenzhen Megmeet Electrical	CN¥146.50	16.2% +CN¥11.8b	210.3%	PE553.2x
600869 Far East Smarter Energy	CN¥28.51	18.3% +CN¥9.7b	474.8%	PE571.1x
301362 Up-shine Lighting	CN¥194.85	15.9% +CN¥3.9b	596.2%	PE191.6x

Company

Last Price

Valuation

688668 Dongguan Dingtong Precision Metal

CN¥395.97

36.6%
+CN¥14.8b

613.5%

PE205.8x

600522 Jiangsu Zhongtian Technology

CN¥46.07

9.2%
+CN¥13.2b

238.5%

PE49x

002851 Shenzhen Megmeet Electrical

CN¥146.50

16.2%
+CN¥11.8b

210.3%

PE553.2x

600869 Far East Smarter Energy

CN¥28.51

18.3%
+CN¥9.7b

474.8%

PE571.1x

301362 Up-shine Lighting

CN¥194.85

15.9%
+CN¥3.9b

596.2%

PE191.6x

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) entered into a binding Scheme Implementation Deed to acquire Atlantic Lithium Limited (AIM:ALL) from Assore International Holdings Limited for approximately $200 million.

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) entered into a binding Scheme Implementation Deed to acquire Atlantic Lithium Limited (AIM:ALL) from Assore International Holdings Limited for approximately $200 million on May 7, 2026. A cash consideration of $207.45 million valued at $0.25486 per share will be paid by Zhejiang Huayou Cobalt Co., Ltd. As part of consideration, $204.27 million is paid towards common equity, $0.67 million is paid towards LSI Warrants, and $3.18 million is paid towards Performance Rights of Atlantic Lithium Limited. The transaction is subject to subject to antitrust regulations, subject to court approval, approval by regulatory board / committee, approval of merger agreement by target board and approval of offer by target shareholders. The deal has been unanimously approved by the board of Atlantic Lithium Limited Canaccord Genuity Group Inc. acted as financial advisor for Atlantic Lithium Limited. Herbert Smith Freehills acted as legal advisor for Zhejiang Huayou Cobalt Co., Ltd. HopgoodGanim acted as legal advisor for Atlantic Lithium Limited.

Chinese (SSE) Electrical Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Price target decreased by 7.0% to CN¥115

Investor sentiment deteriorates as stock falls 18%

Now 23% undervalued

Sieyuan Electric Co., Ltd., Annual General Meeting, Jun 26, 2026

Investor sentiment improves as stock rises 15%

Dividend of CN¥0.40 announced

Investor sentiment improves as stock rises 17%

Dividend of CN¥0.23 announced

Consensus EPS estimates fall by 13%

Zhejiang Huayou Cobalt Co., Ltd (SHSE:603799) entered into a binding Scheme Implementation Deed to acquire Atlantic Lithium Limited (AIM:ALL) from Assore International Holdings Limited for approximately $200 million.

Investor sentiment improves as stock rises 15%

New minor risk - Profit margin trend

First quarter 2026 earnings: EPS and revenues miss analyst expectations

Full year 2025 earnings: EPS and revenues miss analyst expectations

Far East Smarter Energy Co., Ltd. announced that it expects to receive CNY 2 billion in funding

Full year 2025 earnings: EPS and revenues miss analyst expectations