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
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
Mon, 21 Aug 2023	CN¥4.2t	CN¥2.1t	CN¥155.7b	35.5x	26.7x	2x

Current Industry PE

Investors are relatively neutral on the Chinese Electrical industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 30.9x.

The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.3x.

Past Earnings Growth

The earnings for companies in the Electrical industry have grown 9.3% 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	1.17%
Industrials	0.91%
Electrical	2.15%
Electrical Components	2.50%
Heavy Electrical Equipment	-0.18%

Industry PE

Investors are most optimistic about the Heavy Electrical Equipment industry even though it's trading below its 3-year average PE ratio of 44.5x.

Analysts are expecting annual earnings growth of 27.4%, which is higher than its past year's earnings growth of 7.2% per year.

Investors are most pessimistic about the Electrical Components industry, which is trading close to its 3-year average of 29.3x.

Forecasted Growth

Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 27% over the next 5 years.
This is better than its past earnings growth rate of 7.2% 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
300750 Contemporary Amperex Technology	CN¥393.93	1.5% +CN¥26.9b	40.4%	PE21.3x
605117 Ningbo Deye Technology Group	CN¥90.31	6.5% +CN¥7.0b	119.8%	PE31.5x
600522 Jiangsu Zhongtian Technology	CN¥35.55	5.6% +CN¥6.4b	134.0%	PE37.8x
300274 Sungrow Power Supply	CN¥116.72	2.2% +CN¥5.3b	23.8%	PE20.1x
002851 Shenzhen Megmeet Electrical	CN¥131.40	5.6% +CN¥4.1b	82.5%	PE498.9x

Company

Last Price

Valuation

300750 Contemporary Amperex Technology

CN¥393.93

1.5%
+CN¥26.9b

40.4%

PE21.3x

605117 Ningbo Deye Technology Group

CN¥90.31

6.5%
+CN¥7.0b

119.8%

PE31.5x

600522 Jiangsu Zhongtian Technology

CN¥35.55

5.6%
+CN¥6.4b

134.0%

PE37.8x

300274 Sungrow Power Supply

CN¥116.72

2.2%
+CN¥5.3b

23.8%

PE20.1x

002851 Shenzhen Megmeet Electrical

CN¥131.40

5.6%
+CN¥4.1b

82.5%

PE498.9x

EVE Energy Unveils Mr. Big Family Series And Showcases Mr. Giant 3.0 6.9+ MWh Energy Storage System At The Smarter E Europe 2026

EVE Energy unveiled its Mr. Big Family series, a 6.9+ MWh energy storage system, and all-scenario energy storage solutions at Intersolar Europe in Munich. Drawing on traceable large-cell technology, proven large-scale energy storage project delivery experience, and global delivery capabilities, the company is addressing Europe's diverse energy storage requirements across utility-scale, commercial & industrial (C&I), and data center segments. EVE Energy showcases its Mr. Giant 3.0 6.9+ MWh energy storage system at The Smarter E Europe 2026 in Munich, Germany. As one of the first companies to focus on large-capacity energy storage cells, EVE Energy has iteratively upgraded its cell platform from 560 Ah and 628 Ah to 702 Ah, adhering to a stacking process route throughout. At the exhibition, the Mr. Giant 3.0 6.9+ MWh system made its European debut, equipped with 702 Ah cells upgraded directly from the 628 Ah cells, and achieving a volumetric energy density exceeding 430 Wh/L. For a 200 MWh power station, the system reduces site footprint by 6% and lowers upfront capital costs, while its 10,000-cycle lifespan extends operational life and improves full-lifecycle returns. The technology has been validated at scale. The world's first 400 MWh independent energy storage station, using 628 Ah cells—the Lingshou Project in Hebei province, China—was grid-connected in January 2026. Overseas, EVE Energy's storage products have been deployed across Europe, Australia, and the Americas, including a 140 MWh project in Argentina, demonstrating adaptability to diverse climatic conditions and grid specifications. At the exhibition, EVE Energy signed long-term partnerships with SolarEdge Technologies, INFOWARE Zrt, IWEll B.V., and Idea, with cumulative contracted storage capacity exceeding 13.5 GWh. Building on its standardized technology for its 628 Ah platform, EVE Energy is advancing both lithium iron phosphate (LFP) and sodium-ion technology lines to cover a wider range of applications. The portfolio includes cells rated at 355 Ah and above, a 180 kWh sodium-ion outdoor integrated cabinet, and 2.5 MWh/3.5 MWh sodium-ion storage systems for long-duration energy storage (LDES). EVE Energy has successfully grid-connected this 180 kWh cabinet at a demonstration project site, with measured DC-side efficiency exceeding 96.7%. In the C&I segment, the 609 kWh outdoor integrated cabinet delivers 20% higher energy density with a smaller footprint, and incorporates independent cluster management to isolate faults without disrupting system operation. For data center applications requiring 5–10 minutes of emergency backup power, EVE Energy introduced the Fortron Series—specifically high-rate cabinets offered in 6C and 10C discharge specifications. These units improve high-temperature tolerance by over 50%, double current-carrying capacity, reduce heat generation by 20%, and support a 512V–768V voltage range compatible with next-generation 800V architectures, with a system service life of up to 15 years. EVE Energy will continue to develop its lithium-ion, sodium-ion, and high-rate backup power product lines, delivering safe, reliable, and cost-effective all-scenario energy storage solutions for global markets.

Chinese (SSE) Electrical Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 16%

002202: Buybacks And Dividend Will Continue To Support Overvalued Share Price

Sungrow Power Supply Co., Ltd. (SZSE:300274) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 16%

Contemporary Amperex Technology Co., Limited Proposes Interim Cash Dividend for the First Half of 2026

Price target decreased by 11% to CN¥108

Less than half of directors are independent

Investor sentiment improves as stock rises 17%

Dividend reduced to CN¥0.03

Price target decreased by 8.3% to CN¥222

Now 20% overvalued

Now 25% undervalued

EVE Energy Unveils Mr. Big Family Series And Showcases Mr. Giant 3.0 6.9+ MWh Energy Storage System At The Smarter E Europe 2026

TBEA Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026

Xi'an Taijin New Energy & Materials Sci-Tech Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026