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Chinese (SSE) Electrical Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies303
  • 7D-2.8%
  • 3M0.7%
  • 1Y-19.6%
  • YTD-1.3%

Over the last 7 days, the Electrical industry has dropped 2.8%, driven by a pullback from Contemporary Amperex Technology of 4.7%. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Apr 2024CN¥3.6tCN¥2.1tCN¥146.2b30.4x24.6x1.7x
Tue, 12 Mar 2024CN¥3.7tCN¥2.1tCN¥150.9b31.2x24.2x1.7x
Thu, 08 Feb 2024CN¥3.1tCN¥2.2tCN¥152.6b24x20.2x1.4x
Sat, 06 Jan 2024CN¥3.5tCN¥2.1tCN¥152.2b34.1x22.9x1.6x
Mon, 04 Dec 2023CN¥3.6tCN¥2.1tCN¥150.7b34.4x24x1.7x
Wed, 01 Nov 2023CN¥3.7tCN¥2.1tCN¥155.4b32.8x24.1x1.8x
Fri, 29 Sep 2023CN¥3.9tCN¥2.1tCN¥156.2b34.2x24.8x1.8x
Sun, 27 Aug 2023CN¥3.9tCN¥2.1tCN¥158.6b33.3x24.9x1.9x
Tue, 25 Jul 2023CN¥4.1tCN¥2.0tCN¥151.6b35.9x27.4x2.1x
Thu, 22 Jun 2023CN¥4.2tCN¥2.0tCN¥150.9b37.3x27.9x2.1x
Sat, 20 May 2023CN¥4.3tCN¥2.0tCN¥150.7b36.4x28.5x2.1x
Mon, 17 Apr 2023CN¥4.3tCN¥1.9tCN¥125.2b37x34.1x2.3x
Wed, 15 Mar 2023CN¥4.3tCN¥1.8tCN¥119.8b36.5x35.5x2.3x
Fri, 10 Feb 2023CN¥4.7tCN¥1.7tCN¥112.4b38.9x42.2x2.8x
Sun, 08 Jan 2023CN¥4.5tCN¥1.7tCN¥109.8b35x40.7x2.6x
Tue, 06 Dec 2022CN¥4.4tCN¥1.7tCN¥109.7b35.7x40x2.6x
Thu, 03 Nov 2022CN¥4.4tCN¥1.7tCN¥109.5b35.3x40.4x2.6x
Sat, 01 Oct 2022CN¥4.3tCN¥1.6tCN¥97.0b32x43.9x2.7x
Mon, 29 Aug 2022CN¥5.1tCN¥1.6tCN¥93.7b40.2x54.3x3.2x
Wed, 27 Jul 2022CN¥5.1tCN¥1.5tCN¥85.6b39.6x59.1x3.4x
Fri, 24 Jun 2022CN¥4.7tCN¥1.5tCN¥83.5b37.8x56.5x3.2x
Sun, 22 May 2022CN¥3.9tCN¥1.5tCN¥81.7b33.5x47.8x2.7x
Tue, 19 Apr 2022CN¥3.8tCN¥1.3tCN¥85.0b32.5x44.6x2.9x
Thu, 17 Mar 2022CN¥4.3tCN¥1.3tCN¥83.4b36.4x51.9x3.3x
Sat, 12 Feb 2022CN¥4.4tCN¥1.3tCN¥84.4b39x51.8x3.4x
Mon, 10 Jan 2022CN¥4.9tCN¥1.3tCN¥84.3b44x58.1x3.8x
Wed, 08 Dec 2021CN¥5.6tCN¥1.3tCN¥84.5b44.8x66.6x4.3x
Fri, 05 Nov 2021CN¥5.3tCN¥1.3tCN¥82.7b42.7x64.6x4.1x
Sun, 03 Oct 2021CN¥4.7tCN¥1.2tCN¥78.5b39.1x59.4x3.9x
Tue, 31 Aug 2021CN¥4.7tCN¥1.2tCN¥79.3b40.5x59.3x3.9x
Wed, 07 Jul 2021CN¥4.0tCN¥1.2tCN¥78.1b34x51.4x3.4x
Price to Earnings Ratio

45.6x


Total Market Cap: CN¥3.3tTotal Earnings: CN¥72.6bTotal Revenue: CN¥1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Electrical Industry Price to Earnings3Y Average 42x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Electrical 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 24.6x which is lower than its 3-year average PE of 42.0x.
  • The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Electrical industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 25% 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-2.72%
Industrials-2.40%
Electrical-2.78%
Heavy Electrical Equipment1.69%
Electrical Components-3.63%
Industry PE
  • Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 33.6x.
    • Analysts are expecting annual earnings growth of 27.6%, which is higher than its past year's earnings growth of 4.2% per year.
  • Investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 45.7x.
Forecasted Growth
  • Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 4.2% per year.
  • In contrast, the Electrical Components industry is expected to see its earnings grow by 23% 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
600406 NARI TechnologyCN¥24.704.6%
+CN¥8.7b
10.4%PE28.5x
601179 China XD ElectricCN¥6.6322.6%
+CN¥6.3b
16.5%PE38.4x
2028 Sieyuan ElectricCN¥65.6411.2%
+CN¥5.1b
53.8%PE32.9x
601567 Ningbo Sanxing Medical ElectricLtdCN¥32.5010.8%
+CN¥4.5b
150.2%PE26.4x
400 XJ ElectricCN¥27.0811.4%
+CN¥2.8b
25.8%PE27.4x
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Latest News

400

CN¥27.08

XJ Electric

7D

11.4%

1Y

25.8%

300750

CN¥188.39

Contemporary Amperex Technology

7D

-4.7%

1Y

-14.6%

600312

CN¥15.41

Henan Pinggao ElectricLtd

7D

10.3%

1Y

54.4%

600089

CN¥14.39

TBEA

7D

-7.4%

1Y

-13.5%

601179

CN¥6.63

China XD Electric

7D

22.6%

1Y

16.5%

300014

CN¥36.69

EVE Energy

7D

-9.3%

1Y

-46.7%

688032

CN¥237.19

Hoymiles Power Electronics

7D

-11.4%

1Y

-49.4%

2028

CN¥65.64

Sieyuan Electric

7D

11.2%

1Y

53.8%

300763

CN¥58.01

Ginlong Technologies

7D

-6.5%

1Y

-53.5%

601567

CN¥32.50

Ningbo Sanxing Medical ElectricLtd

7D

10.8%

1Y

150.2%

600406

CN¥24.70

NARI Technology

7D

4.6%

1Y

10.4%

2074

CN¥19.53

Gotion High-techLtd

7D

-6.5%

1Y

-32.7%