Header cover image

Chinese (SSE) Heavy Electrical Equipment Industry Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies57
  • 7D-0.4%
  • 3M18.3%
  • 1Y51.8%
  • YTDn/a

The Heavy Electrical Equipment is pretty flat in the last 7 days, but NARI Technology has stood out, gaining 3.6%. The past year has been better, since the industry has gained 52% in that time. Looking forward, earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Feb 2026CN¥1.0tCN¥405.0bCN¥17.4b48.4x58.7x2.5x
Thu, 15 Jan 2026CN¥1.0tCN¥406.3bCN¥17.6b52.9x57x2.5x
Sat, 13 Dec 2025CN¥890.1bCN¥411.9bCN¥17.9b46.8x49.8x2.2x
Mon, 10 Nov 2025CN¥937.7bCN¥410.0bCN¥17.6b50.4x53.3x2.3x
Wed, 08 Oct 2025CN¥847.4bCN¥394.1bCN¥16.9b41.6x50.1x2.2x
Fri, 05 Sep 2025CN¥727.3bCN¥389.7bCN¥16.5b40.4x44.1x1.9x
Sun, 03 Aug 2025CN¥679.7bCN¥370.9bCN¥15.8b37.6x43.1x1.8x
Tue, 01 Jul 2025CN¥662.7bCN¥370.3bCN¥15.7b36.2x42.3x1.8x
Thu, 29 May 2025CN¥627.4bCN¥367.7bCN¥15.3b32.2x41x1.7x
Sat, 26 Apr 2025CN¥628.3bCN¥361.5bCN¥14.7b32.9x42.8x1.7x
Mon, 24 Mar 2025CN¥677.6bCN¥355.7bCN¥16.0b34.1x42.4x1.9x
Wed, 19 Feb 2025CN¥646.4bCN¥348.4bCN¥15.2b31.8x42.5x1.9x
Fri, 17 Jan 2025CN¥625.3bCN¥340.2bCN¥14.4b31.7x43.5x1.8x
Sun, 15 Dec 2024CN¥683.3bCN¥340.4bCN¥14.6b32.3x46.9x2x
Tue, 12 Nov 2024CN¥716.1bCN¥340.4bCN¥14.6b34x49.2x2.1x
Thu, 10 Oct 2024CN¥658.6bCN¥335.2bCN¥14.5b29.4x45.4x2x
Sat, 07 Sep 2024CN¥560.5bCN¥333.3bCN¥14.5b26.1x38.5x1.7x
Mon, 05 Aug 2024CN¥567.9bCN¥336.0bCN¥14.0b26.2x40.6x1.7x
Wed, 03 Jul 2024CN¥584.9bCN¥335.9bCN¥14.0b27.4x41.8x1.7x
Fri, 31 May 2024CN¥608.8bCN¥335.9bCN¥14.0b28.1x43.5x1.8x
Sun, 28 Apr 2024CN¥592.2bCN¥336.8bCN¥14.7b27.4x40.3x1.8x
Tue, 26 Mar 2024CN¥591.5bCN¥326.5bCN¥14.7b29x40.2x1.8x
Thu, 22 Feb 2024CN¥543.3bCN¥324.1bCN¥14.4b26.1x37.8x1.7x
Sat, 20 Jan 2024CN¥565.0bCN¥322.0bCN¥14.1b30.7x40x1.8x
Mon, 18 Dec 2023CN¥574.2bCN¥314.4bCN¥14.1b30.5x40.8x1.8x
Wed, 15 Nov 2023CN¥623.1bCN¥332.2bCN¥15.4b31.4x40.5x1.9x
Fri, 13 Oct 2023CN¥638.5bCN¥324.0bCN¥17.2b31x37.1x2x
Sun, 10 Sep 2023CN¥632.1bCN¥323.3bCN¥17.1b30.4x37x2x
Tue, 08 Aug 2023CN¥686.6bCN¥311.0bCN¥18.2b32.8x37.7x2.2x
Thu, 06 Jul 2023CN¥691.8bCN¥310.7bCN¥18.2b35.6x38x2.2x
Sat, 03 Jun 2023CN¥677.7bCN¥307.3bCN¥17.9b37.8x37.8x2.2x
Mon, 01 May 2023CN¥655.1bCN¥309.9bCN¥20.8b33.9x31.6x2.1x
Wed, 29 Mar 2023CN¥686.7bCN¥301.8bCN¥22.1b34.9x31.1x2.3x
Fri, 24 Feb 2023CN¥706.6bCN¥298.5bCN¥22.5b37.2x31.4x2.4x
Price to Earnings Ratio

31.4x


Total Market Cap: CN¥706.6bTotal Earnings: CN¥22.5bTotal Revenue: CN¥298.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Heavy Electrical Equipment Industry Price to Earnings3Y Average 41.9x202420252026
Current Industry PE
  • Investors are optimistic on the Chinese Heavy Electrical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 58.7x which is higher than its 3-year average PE of 41.9x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Heavy Electrical Equipment industry have declined 8.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Chinese Heavy Electrical Equipment compare with similar industries?

CN Market-0.83%
Industrials-0.26%
Electrical-0.035%
Heavy Electrical Equipment-0.42%
Electrical Components0.03%
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?

CompanyLast Price7D1YValuation
600406 NARI TechnologyCN¥26.131.5%
+CN¥3.0b
11.2%PE26.2x
002169 Guangzhou Zhiguang ElectricLtdCN¥15.3014.8%
+CN¥1.5b
152.5%PS3.7x
301291 Guangdong Mingyang ElectricLtdCN¥51.5310.4%
+CN¥1.5b
0.5%PE23.2x
688676 Hainan Jinpan Smart TechnologyCN¥95.843.3%
+CN¥1.4b
136.6%PE66.6x
300277 Hangzhou Hirisun TechnologyCN¥19.8810.0%
+CN¥615.1m
49.5%PE766.1x

Latest News