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Chinese (SSE) Electrical Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies320
  • 7D2.4%
  • 3M10.0%
  • 1Y50.5%
  • YTD7.0%

The Electrical industry is up 2.4% in the last week, with Ningbo Deye Technology Group up 32%. This means that the industry has gained 50% over the past year. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026CN¥7.2tCN¥2.5tCN¥172.0b60.9x41.9x2.9x
Fri, 30 Jan 2026CN¥6.8tCN¥2.5tCN¥171.7b57.7x39.5x2.7x
Sun, 28 Dec 2025CN¥6.7tCN¥2.5tCN¥172.2b51.6x38.8x2.6x
Tue, 25 Nov 2025CN¥6.3tCN¥2.5tCN¥172.5b47.7x36.4x2.5x
Thu, 23 Oct 2025CN¥6.4tCN¥2.5tCN¥165.5b51.8x38.4x2.6x
Sat, 20 Sep 2025CN¥6.2tCN¥2.4tCN¥159.3b51.7x39.1x2.5x
Mon, 18 Aug 2025CN¥5.2tCN¥2.4tCN¥155.8b47.3x33.7x2.2x
Wed, 16 Jul 2025CN¥4.8tCN¥2.4tCN¥151.4b42.7x31.7x2x
Fri, 13 Jun 2025CN¥4.5tCN¥2.4tCN¥150.6b40.3x29.9x1.9x
Sun, 11 May 2025CN¥4.4tCN¥2.4tCN¥151.1b39.6x29.3x1.9x
Tue, 08 Apr 2025CN¥3.9tCN¥2.3tCN¥145.3b33.5x26.7x1.7x
Thu, 06 Mar 2025CN¥4.6tCN¥2.3tCN¥143.7b40.8x31.9x2x
Sat, 01 Feb 2025CN¥4.3tCN¥2.2tCN¥141.8b36.5x30.4x1.9x
Mon, 30 Dec 2024CN¥4.5tCN¥2.2tCN¥141.4b37.3x31.5x2x
Wed, 27 Nov 2024CN¥4.3tCN¥2.2tCN¥141.7b35.1x30.6x1.9x
Fri, 25 Oct 2024CN¥4.1tCN¥2.1tCN¥137.0b33.5x30.1x2x
Sun, 22 Sep 2024CN¥3.3tCN¥2.1tCN¥134.4b26.2x24.5x1.6x
Tue, 20 Aug 2024CN¥3.2tCN¥2.1tCN¥138.4b27x23.4x1.5x
Thu, 18 Jul 2024CN¥3.3tCN¥2.1tCN¥137.3b28.6x24.2x1.6x
Sat, 15 Jun 2024CN¥3.6tCN¥2.1tCN¥137.2b30.9x26.1x1.7x
Mon, 13 May 2024CN¥3.8tCN¥2.1tCN¥138.6b32.7x27.3x1.8x
Wed, 10 Apr 2024CN¥3.7tCN¥2.1tCN¥147.2b32.5x25.1x1.7x
Fri, 08 Mar 2024CN¥3.4tCN¥2.1tCN¥150.9b29.9x22.6x1.6x
Sun, 04 Feb 2024CN¥3.0tCN¥2.2tCN¥152.6b25.7x19.4x1.4x
Tue, 02 Jan 2024CN¥3.6tCN¥2.1tCN¥150.8b34.2x24.1x1.7x
Thu, 30 Nov 2023CN¥3.7tCN¥2.2tCN¥152.5b34.7x24.2x1.7x
Sat, 28 Oct 2023CN¥3.7tCN¥2.1tCN¥156.9b32.9x23.9x1.8x
Mon, 25 Sep 2023CN¥3.9tCN¥2.1tCN¥156.1b33.9x24.7x1.8x
Wed, 23 Aug 2023CN¥4.1tCN¥2.1tCN¥155.4b35.2x26.2x2x
Fri, 21 Jul 2023CN¥4.2tCN¥2.0tCN¥151.6b36.8x27.8x2.1x
Sun, 18 Jun 2023CN¥4.3tCN¥2.0tCN¥151.0b37.3x28.4x2.1x
Tue, 16 May 2023CN¥4.3tCN¥2.0tCN¥150.5b36.3x28.8x2.2x
Thu, 13 Apr 2023CN¥4.2tCN¥1.8tCN¥123.4b37.2x34.4x2.3x
Sat, 11 Mar 2023CN¥4.4tCN¥1.8tCN¥115.0b37.4x38x2.5x
Price to Earnings Ratio

38x


Total Market Cap: CN¥4.4tTotal Earnings: CN¥115.0bTotal Revenue: CN¥1.8tTotal 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 41.9x 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 2.9x.
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 13% 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 Market2.79%
Industrials3.04%
Electrical2.36%
Heavy Electrical Equipment7.11%
Electrical Components1.55%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 42.3x.
    • Analysts are expecting annual earnings growth of 29.8%, which is higher than its past year's earnings growth of 3.4% 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 30% over the next 5 years.
  • This is better than its past earnings growth rate of 3.4% 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
605117 Ningbo Deye Technology GroupCN¥121.9632.2%
+CN¥26.9b
80.9%PE36.1x
600522 Jiangsu Zhongtian TechnologyCN¥28.7912.3%
+CN¥10.7b
104.9%PE34.1x
600406 NARI TechnologyCN¥27.703.1%
+CN¥6.7b
17.3%PE27.8x
300763 Ginlong TechnologiesCN¥93.0120.4%
+CN¥6.3b
80.7%PE41.6x
688717 SolaX Power Network Technology (Zhejiang)CN¥125.3933.4%
+CN¥5.0b
156.6%PE103.7x

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