Investors Holding Back On Goldwind Science And Technology Co., Ltd. (SZSE:002202)
Apr 19
Chinese (SSE) Heavy Electrical Equipment Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies52
- 7D0.8%
- 3M10.7%
- 1Y-9.1%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has remained flat, although notably China XD Electric gained 11%. As for the longer term, the industry has declined 9.1% in the last year. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Chinese Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥603.0b | CN¥330.6b | CN¥14.9b | 27.6x | 40.6x | 1.8x |
| Wed, 20 Mar 2024 | CN¥605.8b | CN¥326.5b | CN¥14.7b | 30.3x | 41.2x | 1.9x |
| Fri, 16 Feb 2024 | CN¥534.3b | CN¥324.1b | CN¥14.4b | 26x | 37.1x | 1.6x |
| Sun, 14 Jan 2024 | CN¥585.0b | CN¥321.9b | CN¥14.1b | 31.8x | 41.5x | 1.8x |
| Tue, 12 Dec 2023 | CN¥588.7b | CN¥314.4b | CN¥14.1b | 32x | 41.8x | 1.9x |
| Thu, 09 Nov 2023 | CN¥627.2b | CN¥332.2b | CN¥15.4b | 31.9x | 40.8x | 1.9x |
| Sat, 07 Oct 2023 | CN¥632.7b | CN¥324.1b | CN¥17.2b | 30.4x | 36.8x | 2x |
| Mon, 04 Sep 2023 | CN¥639.0b | CN¥323.5b | CN¥17.0b | 29.9x | 37.6x | 2x |
| Wed, 02 Aug 2023 | CN¥687.8b | CN¥310.8b | CN¥18.2b | 33.1x | 37.8x | 2.2x |
| Fri, 30 Jun 2023 | CN¥677.8b | CN¥309.7b | CN¥18.1b | 34.6x | 37.5x | 2.2x |
| Sun, 28 May 2023 | CN¥675.7b | CN¥304.7b | CN¥17.9b | 36.1x | 37.8x | 2.2x |
| Tue, 25 Apr 2023 | CN¥645.7b | CN¥308.2b | CN¥20.3b | 32.1x | 31.8x | 2.1x |
| Thu, 23 Mar 2023 | CN¥685.9b | CN¥301.8b | CN¥22.1b | 36.4x | 31.1x | 2.3x |
| Sat, 18 Feb 2023 | CN¥686.2b | CN¥298.5b | CN¥22.5b | 35.8x | 30.5x | 2.3x |
| Mon, 16 Jan 2023 | CN¥685.9b | CN¥298.5b | CN¥22.5b | 32.6x | 30.4x | 2.3x |
| Wed, 14 Dec 2022 | CN¥656.0b | CN¥298.3b | CN¥22.5b | 30.7x | 29.2x | 2.2x |
| Fri, 11 Nov 2022 | CN¥678.3b | CN¥298.1b | CN¥22.5b | 35.4x | 30.2x | 2.3x |
| Sun, 09 Oct 2022 | CN¥635.8b | CN¥307.9b | CN¥23.4b | 28.5x | 27.2x | 2.1x |
| Tue, 06 Sep 2022 | CN¥702.7b | CN¥307.9b | CN¥23.2b | 31.7x | 30.3x | 2.3x |
| Thu, 04 Aug 2022 | CN¥766.8b | CN¥315.6b | CN¥24.1b | 33.1x | 31.8x | 2.4x |
| Sat, 02 Jul 2022 | CN¥734.2b | CN¥316.4b | CN¥24.2b | 31x | 30.4x | 2.3x |
| Mon, 30 May 2022 | CN¥604.9b | CN¥306.2b | CN¥22.5b | 25.1x | 26.9x | 2x |
| Wed, 27 Apr 2022 | CN¥489.3b | CN¥294.6b | CN¥22.0b | 19.1x | 22.2x | 1.7x |
| Fri, 25 Mar 2022 | CN¥652.0b | CN¥299.3b | CN¥22.3b | 26.4x | 29.3x | 2.2x |
| Sun, 20 Feb 2022 | CN¥705.6b | CN¥299.2b | CN¥21.3b | 31.2x | 33.2x | 2.4x |
| Tue, 18 Jan 2022 | CN¥725.9b | CN¥299.1b | CN¥21.3b | 33.1x | 34.2x | 2.4x |
| Thu, 16 Dec 2021 | CN¥857.5b | CN¥299.1b | CN¥21.3b | 38.8x | 40.4x | 2.9x |
| Sat, 13 Nov 2021 | CN¥772.1b | CN¥293.7b | CN¥20.3b | 36.6x | 38.1x | 2.6x |
| Mon, 11 Oct 2021 | CN¥683.4b | CN¥289.3b | CN¥18.2b | 29x | 37.5x | 2.4x |
| Wed, 08 Sep 2021 | CN¥670.8b | CN¥288.9b | CN¥18.3b | 29.1x | 36.7x | 2.3x |
| Fri, 06 Aug 2021 | CN¥596.3b | CN¥288.8b | CN¥19.2b | 24.9x | 31.1x | 2.1x |
| Mon, 10 May 2021 | CN¥469.1b | CN¥255.9b | CN¥16.2b | 22.1x | 28.9x | 1.8x |
Price to Earnings Ratio
28.9x
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 40.6x which is higher than its 3-year average PE of 33.7x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have declined 2.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.9% 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 | -0.40% | |
| Industrials | 0.35% | |
| Electrical | -1.13% | |
| Heavy Electrical Equipment | 0.76% | |
| Electrical Components | -1.50% | |
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 | |
|---|---|---|---|---|---|
| 601179 China XD Electric | CN¥7.83 | 11.2% +CN¥4.0b | 45.5% | PE45.3x | |
| 600406 NARI Technology | CN¥25.58 | 1.9% +CN¥3.9b | 17.8% | PE29.6x | |
| 300772 Windey Energy Technology Group | CN¥9.60 | 6.1% +CN¥386.1m | -29.7% | PE16.3x | |
| 603050 Shijiazhuang Kelin Electric | CN¥27.65 | 5.5% +CN¥329.3m | 85.7% | PE21x | |
| 2452 Changgao Electric Group | CN¥7.05 | 7.8% +CN¥309.6m | 7.3% | PE24.7x |
