Contemporary Amperex Technology (SZSE:300750) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Apr 22
Chinese (SSE) Electrical Components Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies252
- 7D-1.5%
- 3M7.0%
- 1Y-20.2%
- YTDn/a
Over the last 7 days, the Electrical Components industry has dropped 1.5%, driven by Contemporary Amperex Technology declining 3.3%. In contrast, ShenZhen Woer Heat-Shrinkable MaterialLtd has gained 12%. The industry has fallen 20% in the last year. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Chinese Electrical Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | CN¥3.0t | CN¥1.8t | CN¥131.5b | 29x | 22.5x | 1.6x |
| Thu, 21 Mar 2024 | CN¥3.1t | CN¥1.8t | CN¥136.1b | 32.8x | 22.9x | 1.7x |
| Sat, 17 Feb 2024 | CN¥2.7t | CN¥1.8t | CN¥138.4b | 25.4x | 19.2x | 1.5x |
| Mon, 15 Jan 2024 | CN¥3.0t | CN¥1.8t | CN¥138.7b | 35.3x | 21.4x | 1.6x |
| Wed, 13 Dec 2023 | CN¥3.0t | CN¥1.8t | CN¥136.8b | 33.5x | 21.8x | 1.6x |
| Fri, 10 Nov 2023 | CN¥3.2t | CN¥1.8t | CN¥136.7b | 34.9x | 23.5x | 1.8x |
| Sun, 08 Oct 2023 | CN¥3.2t | CN¥1.8t | CN¥139.0b | 34.4x | 23.3x | 1.8x |
| Tue, 05 Sep 2023 | CN¥3.5t | CN¥1.8t | CN¥139.2b | 35.7x | 25x | 1.9x |
| Thu, 03 Aug 2023 | CN¥3.6t | CN¥1.7t | CN¥137.4b | 37x | 26.1x | 2.1x |
| Sat, 01 Jul 2023 | CN¥3.7t | CN¥1.7t | CN¥133.2b | 39.7x | 27.5x | 2.1x |
| Mon, 29 May 2023 | CN¥3.5t | CN¥1.7t | CN¥132.8b | 36.4x | 26.7x | 2.1x |
| Wed, 26 Apr 2023 | CN¥3.4t | CN¥1.6t | CN¥113.4b | 35.2x | 29.7x | 2.1x |
| Fri, 24 Mar 2023 | CN¥3.6t | CN¥1.5t | CN¥100.3b | 38.1x | 35.8x | 2.4x |
| Sun, 19 Feb 2023 | CN¥3.8t | CN¥1.4t | CN¥91.3b | 39.1x | 41.8x | 2.7x |
| Tue, 17 Jan 2023 | CN¥3.8t | CN¥1.4t | CN¥87.3b | 37.2x | 44.1x | 2.7x |
| Thu, 15 Dec 2022 | CN¥3.6t | CN¥1.4t | CN¥87.2b | 35.8x | 41.6x | 2.6x |
| Sat, 12 Nov 2022 | CN¥3.8t | CN¥1.4t | CN¥87.1b | 36.4x | 43.5x | 2.7x |
| Mon, 10 Oct 2022 | CN¥3.6t | CN¥1.3t | CN¥73.6b | 34.1x | 49.2x | 2.8x |
| Wed, 07 Sep 2022 | CN¥4.1t | CN¥1.3t | CN¥75.1b | 38.7x | 55x | 3.2x |
| Fri, 05 Aug 2022 | CN¥4.2t | CN¥1.2t | CN¥61.5b | 41.5x | 68.4x | 3.5x |
| Sun, 03 Jul 2022 | CN¥4.0t | CN¥1.2t | CN¥61.3b | 40.5x | 66x | 3.4x |
| Tue, 31 May 2022 | CN¥3.2t | CN¥1.2t | CN¥59.3b | 35x | 54.1x | 2.8x |
| Thu, 28 Apr 2022 | CN¥2.8t | CN¥1.1t | CN¥69.3b | 30.5x | 41.1x | 2.6x |
| Sat, 26 Mar 2022 | CN¥3.6t | CN¥1.0t | CN¥61.0b | 38.9x | 58.9x | 3.5x |
| Mon, 21 Feb 2022 | CN¥3.9t | CN¥998.0b | CN¥63.1b | 41.9x | 61.9x | 3.9x |
| Wed, 19 Jan 2022 | CN¥4.3t | CN¥994.5b | CN¥62.9b | 47.3x | 68.3x | 4.3x |
| Fri, 17 Dec 2021 | CN¥4.8t | CN¥997.1b | CN¥63.3b | 49.8x | 76.3x | 4.8x |
| Sun, 14 Nov 2021 | CN¥4.7t | CN¥995.2b | CN¥63.3b | 47.4x | 74x | 4.7x |
| Tue, 12 Oct 2021 | CN¥3.9t | CN¥915.0b | CN¥60.3b | 41.4x | 64.1x | 4.2x |
| Thu, 09 Sep 2021 | CN¥4.0t | CN¥912.2b | CN¥60.2b | 43.6x | 66.4x | 4.4x |
| Sat, 07 Aug 2021 | CN¥4.1t | CN¥911.0b | CN¥60.1b | 42x | 68.4x | 4.5x |
| Fri, 30 Apr 2021 | CN¥2.8t | CN¥827.0b | CN¥56.4b | 32.6x | 50.4x | 3.4x |
Price to Earnings Ratio
50.4x
Current Industry PE
- Investors are pessimistic on the Chinese Electrical Components and Equipment 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 22.5x which is lower than its 3-year average PE of 45.6x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Electrical Components and Equipment industry have grown 33% per year over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Electrical Components compare with similar industries?
| CN Market | -0.40% | |
| Industrials | 0.35% | |
| Electrical | -1.13% | |
| Electrical Components | -1.50% | |
| Heavy Electrical Equipment | 0.76% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603728 Shanghai Moons' Electric | CN¥55.00 | 16.3% +CN¥3.2b | 45.2% | PE135x | |
| 300073 Beijing Easpring Material TechnologyLTD | CN¥50.19 | 13.5% +CN¥3.0b | -3.4% | PE13.2x | |
| 688629 Sichuan Huafeng Technology | CN¥24.28 | 20.4% +CN¥1.9b | n/a | PE154.7x | |
| 300351 Zhejiang Yonggui Electric Equipment | CN¥18.12 | 21.6% +CN¥1.2b | 36.5% | PE69.3x | |
| 682 Dongfang Electronics | CN¥10.15 | 9.0% +CN¥1.1b | 17.6% | PE25.1x |
