Returns At ShenZhen Woer Heat-Shrinkable MaterialLtd (SZSE:002130) Are On The Way Up
Jul 26
Chinese (SSE) Electrical Components Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies250
- 7D-0.9%
- 3M-7.5%
- 1Y-22.3%
- YTDn/a
Over the last 7 days, the Electrical Components industry has remained flat, although notably Ningbo Orient Wires & CablesLtd gained 13%. Unfortunately though, the industry is down 22% over the past 12 months. As for the next few years, earnings are expected to grow by 21% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥2.8t | CN¥1.8t | CN¥123.3b | 28.6x | 22.7x | 1.6x |
| Sun, 23 Jun 2024 | CN¥2.9t | CN¥1.8t | CN¥123.2b | 31.3x | 23.6x | 1.6x |
| Tue, 21 May 2024 | CN¥3.1t | CN¥1.8t | CN¥123.3b | 33.1x | 25.5x | 1.8x |
| Thu, 18 Apr 2024 | CN¥3.0t | CN¥1.8t | CN¥132.3b | 29.4x | 22.7x | 1.7x |
| Sat, 16 Mar 2024 | CN¥3.0t | CN¥1.8t | CN¥136.3b | 32.2x | 22.3x | 1.7x |
| Mon, 12 Feb 2024 | CN¥2.7t | CN¥1.8t | CN¥138.2b | 25.5x | 19.2x | 1.5x |
| Wed, 10 Jan 2024 | CN¥2.9t | CN¥1.8t | CN¥138.2b | 34.3x | 20.8x | 1.6x |
| Fri, 08 Dec 2023 | CN¥3.0t | CN¥1.8t | CN¥136.8b | 33.5x | 21.8x | 1.6x |
| Sun, 05 Nov 2023 | CN¥3.1t | CN¥1.8t | CN¥136.5b | 34.3x | 22.9x | 1.7x |
| Tue, 03 Oct 2023 | CN¥3.2t | CN¥1.8t | CN¥139.0b | 34.4x | 23.3x | 1.8x |
| Thu, 31 Aug 2023 | CN¥3.5t | CN¥1.8t | CN¥140.7b | 35.7x | 24.7x | 2x |
| Sat, 29 Jul 2023 | CN¥3.5t | CN¥1.7t | CN¥137.8b | 36.2x | 25.6x | 2x |
| Mon, 26 Jun 2023 | CN¥3.5t | CN¥1.7t | CN¥133.1b | 37.8x | 26.6x | 2.1x |
| Wed, 24 May 2023 | CN¥3.6t | CN¥1.7t | CN¥132.6b | 36.2x | 26.9x | 2.1x |
| Fri, 21 Apr 2023 | CN¥3.6t | CN¥1.6t | CN¥103.4b | 37x | 34.4x | 2.3x |
| Sun, 19 Mar 2023 | CN¥3.5t | CN¥1.5t | CN¥96.6b | 37.1x | 36x | 2.3x |
| Tue, 14 Feb 2023 | CN¥4.0t | CN¥1.4t | CN¥89.9b | 41.2x | 44.9x | 2.8x |
| Thu, 12 Jan 2023 | CN¥3.8t | CN¥1.4t | CN¥87.2b | 37.1x | 43.5x | 2.7x |
| Sat, 10 Dec 2022 | CN¥3.8t | CN¥1.4t | CN¥87.2b | 35.9x | 43.4x | 2.7x |
| Mon, 07 Nov 2022 | CN¥3.9t | CN¥1.4t | CN¥87.2b | 37.3x | 44.8x | 2.8x |
| Wed, 05 Oct 2022 | CN¥3.6t | CN¥1.3t | CN¥73.6b | 34.1x | 49.2x | 2.8x |
| Fri, 02 Sep 2022 | CN¥4.0t | CN¥1.3t | CN¥73.4b | 38x | 54.6x | 3.1x |
| Sun, 31 Jul 2022 | CN¥4.3t | CN¥1.2t | CN¥61.5b | 42.7x | 69.9x | 3.6x |
| Tue, 28 Jun 2022 | CN¥4.1t | CN¥1.2t | CN¥59.4b | 40.5x | 68.8x | 3.5x |
| Thu, 26 May 2022 | CN¥3.2t | CN¥1.2t | CN¥59.4b | 34.9x | 53.4x | 2.7x |
| Sat, 23 Apr 2022 | CN¥2.9t | CN¥1.0t | CN¥61.9b | 34.1x | 47.6x | 2.8x |
| Mon, 21 Mar 2022 | CN¥3.7t | CN¥1.0t | CN¥61.1b | 39.6x | 61.3x | 3.7x |
| Wed, 16 Feb 2022 | CN¥3.9t | CN¥998.0b | CN¥63.1b | 41.3x | 61.2x | 3.9x |
| Fri, 14 Jan 2022 | CN¥4.2t | CN¥994.5b | CN¥62.9b | 46.6x | 66.8x | 4.2x |
| Sun, 12 Dec 2021 | CN¥4.8t | CN¥997.0b | CN¥63.3b | 47.8x | 75x | 4.8x |
| Tue, 09 Nov 2021 | CN¥4.6t | CN¥995.2b | CN¥63.3b | 44.6x | 73x | 4.6x |
| Thu, 07 Oct 2021 | CN¥4.0t | CN¥915.0b | CN¥60.3b | 40.9x | 65.5x | 4.3x |
| Sat, 04 Sep 2021 | CN¥3.9t | CN¥911.4b | CN¥60.2b | 43.7x | 65x | 4.3x |
| Mon, 02 Aug 2021 | CN¥4.0t | CN¥899.5b | CN¥59.7b | 42.7x | 67.2x | 4.5x |
Price to Earnings Ratio
67.2x
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 22.7x which is lower than its 3-year average PE of 42.9x.
- The 3-year average PS ratio of 2.7x 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 27% 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 Comparison
How does Chinese Electrical Components compare with similar industries?
| CN Market | -3.39% | |
| Industrials | -1.25% | |
| Electrical | -0.52% | |
| Electrical Components | -0.88% | |
| Heavy Electrical Equipment | 1.29% | |
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 | |
|---|---|---|---|---|---|
| 603606 Ningbo Orient Wires & CablesLtd | CN¥52.40 | 13.5% +CN¥4.3b | 14.4% | PE35.8x | |
| 600522 Jiangsu Zhongtian Technology | CN¥15.49 | 8.6% +CN¥4.2b | -1.6% | PE17.6x | |
| 002028 Sieyuan Electric | CN¥64.86 | 3.8% +CN¥1.9b | 31.2% | PE28.8x | |
| 002130 ShenZhen Woer Heat-Shrinkable MaterialLtd | CN¥15.97 | 9.5% +CN¥1.7b | 121.5% | PE25.5x | |
| 600869 Far East Smarter Energy | CN¥3.68 | 25.2% +CN¥1.6b | -32.8% | PE36.4x |
