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Chinese (SSE) Electrical Industry Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies320
  • 7D2.4%
  • 3M11.0%
  • 1Y50.5%
  • YTD7.0%

Jiangsu Zhongtian Technology is up 19%, leading the way for the Electrical industry, which has gained 2.4%. During this same period, the Contemporary Amperex Technology underperformed, falling 6.4%. This means that the industry has gained 50% over the past year. Looking forward, earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 01 Mar 2026CN¥7.2tCN¥2.5tCN¥172.0b60.9x42x2.9x
Tue, 27 Jan 2026CN¥7.0tCN¥2.5tCN¥171.9b59.3x40.7x2.8x
Thu, 25 Dec 2025CN¥6.6tCN¥2.5tCN¥172.2b52.4x38.4x2.6x
Sat, 22 Nov 2025CN¥6.2tCN¥2.5tCN¥172.5b47x36.2x2.5x
Mon, 20 Oct 2025CN¥6.2tCN¥2.5tCN¥159.9b50.2x38.6x2.5x
Wed, 17 Sep 2025CN¥6.1tCN¥2.4tCN¥159.3b52.5x38.6x2.5x
Fri, 15 Aug 2025CN¥5.1tCN¥2.4tCN¥155.9b46.4x32.9x2.1x
Sun, 13 Jul 2025CN¥4.8tCN¥2.4tCN¥151.4b43.4x31.8x2x
Tue, 10 Jun 2025CN¥4.5tCN¥2.4tCN¥150.3b40.8x29.8x1.9x
Thu, 08 May 2025CN¥4.4tCN¥2.4tCN¥151.1b40.3x28.9x1.8x
Sat, 05 Apr 2025CN¥4.4tCN¥2.3tCN¥145.3b39.6x30.3x1.9x
Mon, 03 Mar 2025CN¥4.6tCN¥2.3tCN¥143.7b39.5x31.7x2x
Wed, 29 Jan 2025CN¥4.3tCN¥2.2tCN¥141.8b36.5x30.4x1.9x
Fri, 27 Dec 2024CN¥4.5tCN¥2.2tCN¥141.4b36.9x31.5x2x
Sun, 24 Nov 2024CN¥4.4tCN¥2.2tCN¥141.7b35.7x30.9x2x
Tue, 22 Oct 2024CN¥4.1tCN¥2.1tCN¥136.8b32.8x30.1x2x
Thu, 19 Sep 2024CN¥3.3tCN¥2.1tCN¥133.5b26.3x24.6x1.6x
Sat, 17 Aug 2024CN¥3.2tCN¥2.1tCN¥138.6b27.2x23.4x1.5x
Mon, 15 Jul 2024CN¥3.4tCN¥2.1tCN¥137.3b30.2x24.5x1.6x
Wed, 12 Jun 2024CN¥3.6tCN¥2.1tCN¥137.2b29.9x26x1.7x
Fri, 10 May 2024CN¥3.8tCN¥2.1tCN¥138.5b32.8x27.5x1.8x
Sun, 07 Apr 2024CN¥3.7tCN¥2.1tCN¥150.5b31.3x24.5x1.7x
Tue, 05 Mar 2024CN¥3.4tCN¥2.1tCN¥151.0b29.8x22.8x1.6x
Thu, 01 Feb 2024CN¥3.1tCN¥2.1tCN¥152.5b27x20.2x1.4x
Sat, 30 Dec 2023CN¥3.6tCN¥2.1tCN¥150.8b34.2x24.1x1.7x
Mon, 27 Nov 2023CN¥3.7tCN¥2.2tCN¥152.5b34.2x24.3x1.7x
Wed, 25 Oct 2023CN¥3.6tCN¥2.1tCN¥157.8b32.2x23x1.7x
Fri, 22 Sep 2023CN¥3.8tCN¥2.1tCN¥156.1b32.6x24.2x1.8x
Sun, 20 Aug 2023CN¥4.2tCN¥2.1tCN¥155.7b35.2x26.7x2x
Tue, 18 Jul 2023CN¥4.3tCN¥2.0tCN¥151.5b38.7x28.5x2.1x
Thu, 15 Jun 2023CN¥4.1tCN¥2.0tCN¥151.0b35.6x26.9x2x
Sat, 13 May 2023CN¥4.2tCN¥2.0tCN¥150.9b34.2x28x2.1x
Mon, 10 Apr 2023CN¥4.2tCN¥1.8tCN¥121.8b37.2x34.9x2.3x
Wed, 08 Mar 2023CN¥4.5tCN¥1.8tCN¥115.1b38x39.2x2.6x
Price to Earnings Ratio

39.2x


Total Market Cap: CN¥4.5tTotal Earnings: CN¥115.1bTotal 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 42.0x 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 42.2x.
    • Analysts are expecting annual earnings growth of 29.5%, 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 28% 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
600522 Jiangsu Zhongtian TechnologyCN¥29.1419.3%
+CN¥16.0b		111.2%PE34.5x
002202 Goldwind Science&TechnologyCN¥28.4514.3%
+CN¥15.0b		214.4%PE46.8x
603799 Zhejiang Huayou CobaltCN¥78.628.4%
+CN¥11.5b		138.2%PE27.5x
600406 NARI TechnologyCN¥27.304.5%
+CN¥9.4b		16.4%PE27.4x
605117 Ningbo Deye Technology GroupCN¥104.5010.5%
+CN¥9.0b		58.1%PE30.9x

Latest News

003021
CN¥118.85
Shenzhen Zhaowei Machinery & Electronics
7D
-6.2%
1Y
-15.9%
600522
CN¥29.14
Jiangsu Zhongtian Technology
7D
19.3%
1Y
111.2%
002202
CN¥28.45
Goldwind Science&Technology
7D
14.3%
1Y
214.4%

002202: Share Cancellations And Governance Amendments Will Shape A Steady Outlook

Narrative Update on Goldwind Science & Technology Analysts have kept their CN¥27.00 price target for Goldwind Science & Technology steady. They cite small adjustments to discount rate, revenue growth, profit margin, and future P/E assumptions that largely offset one another in their models.
688629
CN¥128.00
Sichuan Huafeng Technology
7D
10.8%
1Y
108.9%
300274
CN¥144.50
Sungrow Power Supply
7D
-3.1%
1Y
103.8%
600089
CN¥30.34
TBEA
7D
5.5%
1Y
151.4%
603799
CN¥78.62
Zhejiang Huayou Cobalt
7D
8.4%
1Y
138.2%
603728
CN¥69.13
Shanghai Moons' Electric
7D
-4.6%
1Y
-10.4%
601179
CN¥16.08
China XD Electric
7D
10.8%
1Y
138.2%
300438
CN¥44.15
Guangzhou Great Power Energy and Technology
7D
-8.8%
1Y
40.3%
300660
CN¥51.94
Jiangsu Leili Motor
7D
-3.5%
1Y
19.2%
300014
CN¥62.33
EVE Energy
7D
-2.3%
1Y
33.1%
300750
CN¥342.01
Contemporary Amperex Technology
7D
-6.4%
1Y
29.4%
600406
CN¥27.30
NARI Technology
7D
4.5%
1Y
16.4%
603119
CN¥93.58
Zhejiang Rongtai Electric MaterialLtd
7D
-6.0%
1Y
187.3%
605117
CN¥104.50
Ningbo Deye Technology Group
7D
10.5%
1Y
58.1%