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Chinese (SSE) Heavy Electrical Equipment Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies52
- 7D-0.9%
- 3M16.2%
- 1Y14.0%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 2.3%, driven by a pullback from Ming Yang Smart Energy Group of 11%. Over the past 12 months, the industry was up 17%. As for the next few years, earnings are expected to grow by 29% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥677.4b | CN¥340.1b | CN¥14.4b | 32.5x | 47.2x | 2x |
| Tue, 19 Nov 2024 | CN¥676.2b | CN¥340.4b | CN¥14.6b | 32.1x | 46.4x | 2x |
| Thu, 17 Oct 2024 | CN¥625.1b | CN¥335.2b | CN¥14.5b | 28.2x | 43.1x | 1.9x |
| Sat, 14 Sep 2024 | CN¥573.2b | CN¥335.2b | CN¥14.5b | 25.2x | 39.5x | 1.7x |
| Mon, 12 Aug 2024 | CN¥562.9b | CN¥336.0b | CN¥14.0b | 26x | 40.1x | 1.7x |
| Wed, 10 Jul 2024 | CN¥586.0b | CN¥335.9b | CN¥14.0b | 28.7x | 41.9x | 1.7x |
| Fri, 07 Jun 2024 | CN¥596.5b | CN¥335.9b | CN¥14.0b | 26.6x | 42.6x | 1.8x |
| Sun, 05 May 2024 | CN¥595.0b | CN¥336.7b | CN¥14.3b | 26.1x | 41.5x | 1.8x |
| Tue, 02 Apr 2024 | CN¥597.1b | CN¥327.8b | CN¥15.0b | 28.6x | 39.8x | 1.8x |
| Thu, 29 Feb 2024 | CN¥551.0b | CN¥326.6b | CN¥14.7b | 26.3x | 37.4x | 1.7x |
| Sat, 27 Jan 2024 | CN¥561.7b | CN¥322.8b | CN¥14.3b | 28.8x | 39.3x | 1.7x |
| Mon, 25 Dec 2023 | CN¥578.0b | CN¥314.4b | CN¥14.1b | 30.4x | 41.1x | 1.8x |
| Wed, 22 Nov 2023 | CN¥624.9b | CN¥332.3b | CN¥15.4b | 31.4x | 40.6x | 1.9x |
| Fri, 20 Oct 2023 | CN¥614.4b | CN¥324.1b | CN¥17.2b | 29.6x | 35.7x | 1.9x |
| Sun, 17 Sep 2023 | CN¥626.0b | CN¥323.4b | CN¥17.1b | 30x | 36.6x | 1.9x |
| Tue, 15 Aug 2023 | CN¥672.1b | CN¥311.5b | CN¥18.3b | 33.8x | 36.8x | 2.2x |
| Thu, 13 Jul 2023 | CN¥689.2b | CN¥310.8b | CN¥18.2b | 34.3x | 37.9x | 2.2x |
| Sat, 10 Jun 2023 | CN¥662.4b | CN¥307.3b | CN¥17.9b | 35.7x | 37x | 2.2x |
| Mon, 08 May 2023 | CN¥644.1b | CN¥304.1b | CN¥18.1b | 32.1x | 35.6x | 2.1x |
| Wed, 05 Apr 2023 | CN¥674.0b | CN¥301.4b | CN¥22.0b | 32.3x | 30.6x | 2.2x |
| Fri, 03 Mar 2023 | CN¥703.0b | CN¥290.7b | CN¥22.6b | 37.6x | 31.1x | 2.4x |
| Sun, 29 Jan 2023 | CN¥701.3b | CN¥298.5b | CN¥22.5b | 33.3x | 31.1x | 2.3x |
| Tue, 27 Dec 2022 | CN¥617.5b | CN¥298.3b | CN¥22.5b | 30.6x | 27.4x | 2.1x |
| Thu, 24 Nov 2022 | CN¥699.0b | CN¥298.1b | CN¥22.5b | 33.3x | 31.1x | 2.3x |
| Sat, 22 Oct 2022 | CN¥696.2b | CN¥307.8b | CN¥23.4b | 32.8x | 29.8x | 2.3x |
| Mon, 19 Sep 2022 | CN¥655.1b | CN¥308.0b | CN¥23.4b | 30.5x | 28x | 2.1x |
| Wed, 17 Aug 2022 | CN¥810.7b | CN¥315.6b | CN¥24.1b | 35x | 33.6x | 2.6x |
| Fri, 15 Jul 2022 | CN¥807.7b | CN¥316.3b | CN¥24.2b | 34.3x | 33.4x | 2.6x |
| Sun, 12 Jun 2022 | CN¥631.5b | CN¥306.2b | CN¥22.5b | 28.2x | 28.1x | 2.1x |
| Tue, 10 May 2022 | CN¥549.2b | CN¥305.8b | CN¥22.5b | 21.4x | 24.4x | 1.8x |
| Thu, 07 Apr 2022 | CN¥620.6b | CN¥293.3b | CN¥22.0b | 27.4x | 28.2x | 2.1x |
| Sat, 05 Mar 2022 | CN¥701.8b | CN¥296.6b | CN¥22.1b | 29.7x | 31.7x | 2.4x |
| Mon, 31 Jan 2022 | CN¥707.6b | CN¥299.3b | CN¥21.3b | 31.7x | 33.2x | 2.4x |
| Wed, 29 Dec 2021 | CN¥804.3b | CN¥300.2b | CN¥21.3b | 35.5x | 37.7x | 2.7x |
Price to Earnings Ratio
37.7x
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 47.3x which is higher than its 3-year average PE of 35.8x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.2% 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 | -1.18% | |
| Industrials | -1.61% | |
| Electrical | -0.82% | |
| Heavy Electrical Equipment | -0.87% | |
| Electrical Components | -0.81% | |
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 | |
|---|---|---|---|---|---|
| 600406 NARI Technology | CN¥24.85 | 1.6% +CN¥3.1b | 15.1% | PE26.6x | |
| 688676 Hainan Jinpan Smart Technology | CN¥36.88 | 15.2% +CN¥2.2b | 8.2% | PE29.3x | |
| 000400 XJ Electric | CN¥27.91 | 3.8% +CN¥1.0b | 33.0% | PE26.1x | |
| 300153 Shanghai Cooltech Power | CN¥12.25 | 26.7% +CN¥825.6m | 59.1% | PE104.3x | |
| 601179 China XD Electric | CN¥7.76 | 1.6% +CN¥615.1m | 58.0% | PE35.2x |
