Narrative Update • Sep 03

Over the last 7 days, the Electrical industry has dropped 2.4%, driven by Contemporary Amperex Technology declining 5.7%. In contrast, Jiangsu Zhongtian Technology has gained 6.2%. However, the industry is down 4.9% over the past year. Earnings are forecast to grow by 27% annually.
Has the Chinese Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 16 Sep 2026 | CN¥6.0t | CN¥3.0t | CN¥209.2b | 46.1x | 28.6x | 2x |
| Fri, 14 Aug 2026 | CN¥6.6t | CN¥2.9t | CN¥203.1b | 50.2x | 32.6x | 2.3x |
| Sun, 12 Jul 2026 | CN¥6.5t | CN¥2.8t | CN¥196.1b | 51.2x | 33.3x | 2.3x |
| Tue, 09 Jun 2026 | CN¥7.2t | CN¥2.8t | CN¥195.9b | 57.4x | 37x | 2.6x |
| Thu, 07 May 2026 | CN¥8.0t | CN¥2.8t | CN¥195.3b | 64.1x | 41x | 2.9x |
| Sat, 04 Apr 2026 | CN¥6.8t | CN¥2.6t | CN¥179.4b | 50x | 37.8x | 2.6x |
| Mon, 02 Mar 2026 | CN¥7.2t | CN¥2.5t | CN¥172.0b | 60.9x | 41.9x | 2.9x |
| Wed, 28 Jan 2026 | CN¥6.9t | CN¥2.5t | CN¥171.9b | 59.5x | 40.4x | 2.8x |
| Fri, 26 Dec 2025 | CN¥6.6t | CN¥2.5t | CN¥172.2b | 52.4x | 38.6x | 2.6x |
| Sun, 23 Nov 2025 | CN¥6.2t | CN¥2.5t | CN¥172.5b | 47x | 36.2x | 2.5x |
| Tue, 21 Oct 2025 | CN¥6.2t | CN¥2.5t | CN¥159.9b | 50.6x | 38.6x | 2.5x |
| Thu, 18 Sep 2025 | CN¥6.3t | CN¥2.4t | CN¥159.3b | 52.5x | 39.7x | 2.6x |
| Sat, 16 Aug 2025 | CN¥5.2t | CN¥2.4t | CN¥155.9b | 47.3x | 33.6x | 2.2x |
| Mon, 14 Jul 2025 | CN¥4.8t | CN¥2.4t | CN¥151.4b | 43.4x | 31.8x | 2x |
| Wed, 11 Jun 2025 | CN¥4.4t | CN¥2.4t | CN¥150.3b | 40.3x | 29.6x | 1.9x |
| Fri, 09 May 2025 | CN¥4.4t | CN¥2.4t | CN¥151.1b | 40.6x | 29.4x | 1.9x |
| Sun, 06 Apr 2025 | CN¥4.4t | CN¥2.3t | CN¥145.3b | 39.6x | 30.3x | 1.9x |
| Tue, 04 Mar 2025 | CN¥4.6t | CN¥2.3t | CN¥143.7b | 40.7x | 32.1x | 2x |
| Thu, 30 Jan 2025 | CN¥4.3t | CN¥2.2t | CN¥141.8b | 36.5x | 30.4x | 1.9x |
| Sat, 28 Dec 2024 | CN¥4.5t | CN¥2.2t | CN¥141.4b | 37.3x | 31.5x | 2x |
| Mon, 25 Nov 2024 | CN¥4.4t | CN¥2.2t | CN¥141.7b | 35.7x | 30.9x | 2x |
| Wed, 23 Oct 2024 | CN¥4.2t | CN¥2.1t | CN¥136.9b | 34x | 30.5x | 2x |
| Fri, 20 Sep 2024 | CN¥3.3t | CN¥2.1t | CN¥134.4b | 26.5x | 24.6x | 1.6x |
| Sun, 18 Aug 2024 | CN¥3.2t | CN¥2.1t | CN¥138.4b | 27.2x | 23.5x | 1.5x |
| Tue, 16 Jul 2024 | CN¥3.3t | CN¥2.1t | CN¥137.3b | 28.9x | 24.2x | 1.6x |
| Thu, 13 Jun 2024 | CN¥3.6t | CN¥2.1t | CN¥137.2b | 30.6x | 26x | 1.7x |
| Sat, 11 May 2024 | CN¥3.8t | CN¥2.1t | CN¥138.5b | 32.6x | 27.3x | 1.8x |
| Mon, 08 Apr 2024 | CN¥3.7t | CN¥2.1t | CN¥150.5b | 31.3x | 24.5x | 1.7x |
| Wed, 06 Mar 2024 | CN¥3.4t | CN¥2.1t | CN¥151.0b | 29.3x | 22.6x | 1.6x |
| Fri, 02 Feb 2024 | CN¥3.1t | CN¥2.1t | CN¥152.5b | 26.8x | 20x | 1.4x |
| Sun, 31 Dec 2023 | CN¥3.6t | CN¥2.1t | CN¥150.8b | 34.2x | 24.1x | 1.7x |
| Tue, 28 Nov 2023 | CN¥3.7t | CN¥2.2t | CN¥152.5b | 34.1x | 24.2x | 1.7x |
| Thu, 26 Oct 2023 | CN¥3.6t | CN¥2.1t | CN¥157.8b | 32.1x | 23x | 1.7x |
| Sat, 23 Sep 2023 | CN¥3.9t | CN¥2.1t | CN¥156.1b | 33.9x | 24.7x | 1.8x |
24.7x
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -2.56% | |
| Industrials | -2.22% | |
| Electrical | -2.37% | |
| Heavy Electrical Equipment | -0.63% | |
| Electrical Components | -2.63% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600522 Jiangsu Zhongtian Technology | CN¥34.53 | 6.2% +CN¥6.9b | 120.6% | PE31.5x | |
| 301511 Jiujiang Defu Technology | CN¥112.10 | 8.8% +CN¥5.7b | 216.7% | PE208.6x | |
| 605117 Ningbo Deye Technology Group | CN¥85.11 | 4.6% +CN¥4.8b | 65.1% | PE24.8x | |
| 002487 Dajin Heavy IndustryLtd | CN¥39.44 | 19.1% +CN¥4.7b | 1.4% | PE25.2x | |
| 002202 Goldwind Science&Technology | CN¥18.82 | 6.0% +CN¥4.5b | 52.9% | PE26.2x |