Narrative Update • Aug 09

Over the last 7 days, the Heavy Electrical Equipment industry has remained flat, although notably Goldwind Science&Technology gained 10%. As for the the longer term, the industry is up 13% over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Has the Chinese Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 19 Aug 2026 | CN¥890.1b | CN¥443.5b | CN¥21.4b | 46.4x | 41.7x | 2x |
| Fri, 17 Jul 2026 | CN¥754.5b | CN¥442.4b | CN¥21.1b | 37x | 35.7x | 1.7x |
| Sun, 14 Jun 2026 | CN¥888.9b | CN¥442.8b | CN¥21.2b | 45.4x | 42x | 2x |
| Tue, 12 May 2026 | CN¥1.1t | CN¥442.3b | CN¥21.2b | 53.8x | 51.1x | 2.4x |
| Thu, 09 Apr 2026 | CN¥992.7b | CN¥418.5b | CN¥16.6b | 46x | 59.8x | 2.4x |
| Sat, 07 Mar 2026 | CN¥1.1t | CN¥411.7b | CN¥16.9b | 53x | 67.2x | 2.7x |
| Mon, 02 Feb 2026 | CN¥1.0t | CN¥405.0b | CN¥17.4b | 54.3x | 58.1x | 2.5x |
| Wed, 31 Dec 2025 | CN¥887.2b | CN¥406.3b | CN¥17.6b | 47.7x | 50.5x | 2.2x |
| Fri, 28 Nov 2025 | CN¥853.9b | CN¥411.9b | CN¥17.9b | 46.8x | 47.8x | 2.1x |
| Sun, 26 Oct 2025 | CN¥849.3b | CN¥399.3b | CN¥17.7b | 47.1x | 47.9x | 2.1x |
| Tue, 23 Sep 2025 | CN¥789.1b | CN¥391.3b | CN¥16.7b | 42.3x | 47.2x | 2x |
| Thu, 21 Aug 2025 | CN¥734.4b | CN¥370.9b | CN¥15.7b | 41.4x | 46.7x | 2x |
| Sat, 19 Jul 2025 | CN¥661.7b | CN¥370.3b | CN¥15.7b | 37x | 42.3x | 1.8x |
| Mon, 16 Jun 2025 | CN¥637.1b | CN¥367.5b | CN¥15.3b | 33.6x | 41.8x | 1.7x |
| Wed, 14 May 2025 | CN¥647.3b | CN¥367.6b | CN¥15.0b | 34.5x | 43x | 1.8x |
| Fri, 11 Apr 2025 | CN¥617.4b | CN¥356.3b | CN¥15.9b | 30.2x | 38.9x | 1.7x |
| Sun, 09 Mar 2025 | CN¥662.5b | CN¥355.7b | CN¥16.0b | 32.5x | 41.5x | 1.9x |
| Tue, 04 Feb 2025 | CN¥637.0b | CN¥340.3b | CN¥14.4b | 31.5x | 44.3x | 1.9x |
| Thu, 02 Jan 2025 | CN¥665.7b | CN¥340.1b | CN¥14.4b | 32.5x | 46.3x | 2x |
| Sat, 30 Nov 2024 | CN¥678.8b | CN¥340.4b | CN¥14.6b | 31.6x | 46.6x | 2x |
| Mon, 28 Oct 2024 | CN¥677.1b | CN¥339.9b | CN¥14.8b | 28.5x | 45.9x | 2x |
| Wed, 25 Sep 2024 | CN¥584.6b | CN¥335.3b | CN¥14.5b | 26.1x | 40.3x | 1.7x |
| Fri, 23 Aug 2024 | CN¥540.6b | CN¥336.6b | CN¥14.1b | 24.4x | 38.3x | 1.6x |
| Sun, 21 Jul 2024 | CN¥562.6b | CN¥335.9b | CN¥14.0b | 27.6x | 40.2x | 1.7x |
| Tue, 18 Jun 2024 | CN¥613.7b | CN¥336.0b | CN¥14.0b | 27.8x | 43.8x | 1.8x |
| Thu, 16 May 2024 | CN¥614.5b | CN¥336.0b | CN¥14.4b | 26.1x | 42.6x | 1.8x |
| Sat, 13 Apr 2024 | CN¥598.2b | CN¥301.3b | CN¥14.4b | 33.6x | 41.6x | 2x |
| Mon, 11 Mar 2024 | CN¥596.3b | CN¥326.6b | CN¥14.7b | 29.2x | 40.5x | 1.8x |
| Wed, 07 Feb 2024 | CN¥512.3b | CN¥324.2b | CN¥14.4b | 25.6x | 35.6x | 1.6x |
| Fri, 05 Jan 2024 | CN¥590.5b | CN¥313.1b | CN¥14.0b | 31.3x | 42.2x | 1.9x |
| Sun, 03 Dec 2023 | CN¥593.3b | CN¥313.1b | CN¥14.0b | 31x | 42.4x | 1.9x |
| Tue, 31 Oct 2023 | CN¥620.6b | CN¥330.8b | CN¥16.0b | 31x | 38.8x | 1.9x |
| Thu, 28 Sep 2023 | CN¥623.1b | CN¥323.3b | CN¥17.1b | 29.8x | 36.4x | 1.9x |
| Sat, 26 Aug 2023 | CN¥618.6b | CN¥315.6b | CN¥17.4b | 31.1x | 35.5x | 2x |
35.5x
How does Chinese Heavy Electrical Equipment compare with similar industries?
| CN Market | 2.50% | |
| Industrials | 1.75% | |
| Electrical | 2.20% | |
| Heavy Electrical Equipment | 0.43% | |
| Electrical Components | 2.46% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 002202 Goldwind Science&Technology | CN¥22.03 | 7.8% +CN¥6.7b | 108.8% | PE30.9x | |
| 603050 Shijiazhuang Kelin Electric | CN¥18.57 | 1.4% +CN¥100.8m | 14.0% | PE32.9x | |
| 301557 Cytech Group | CN¥83.03 | 1.9% +CN¥96.8m | 50.7% | PE70.7x | |
| 300011 Beijing Dinghan Technology GroupLtd | CN¥6.15 | 1.7% +CN¥60.6m | -25.0% | PS2.2x | |
| 002227 Autosun Electric SZ | CN¥6.60 | 0.8% +CN¥12.4m | -53.7% | PS5.6x |