Narrative Update • Jul 29

Over the last 7 days, the Machinery industry has remained flat, although notably SBT Ultrasonic Technology gained 19%. As for the the longer term, the industry is up 8.3% over the past 12 months. Looking forward, earnings are forecast to grow by 30% annually.
Has the Chinese Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 17 Aug 2026 | CN¥5.7t | CN¥2.5t | CN¥132.2b | 46.9x | 42.8x | 2.2x |
| Wed, 15 Jul 2026 | CN¥5.8t | CN¥2.5t | CN¥132.0b | 46x | 44.1x | 2.3x |
| Fri, 12 Jun 2026 | CN¥6.1t | CN¥2.5t | CN¥132.1b | 53x | 46x | 2.4x |
| Sun, 10 May 2026 | CN¥6.6t | CN¥2.6t | CN¥132.7b | 57.9x | 49.6x | 2.6x |
| Tue, 07 Apr 2026 | CN¥5.7t | CN¥2.4t | CN¥122.2b | 51.7x | 46.6x | 2.4x |
| Thu, 05 Mar 2026 | CN¥6.2t | CN¥2.4t | CN¥120.7b | 53.5x | 51.3x | 2.6x |
| Sat, 31 Jan 2026 | CN¥6.1t | CN¥2.4t | CN¥120.7b | 53.2x | 50.8x | 2.6x |
| Mon, 29 Dec 2025 | CN¥5.8t | CN¥2.4t | CN¥120.3b | 51.2x | 47.8x | 2.4x |
| Wed, 26 Nov 2025 | CN¥5.3t | CN¥2.4t | CN¥119.7b | 46.9x | 44.6x | 2.2x |
| Fri, 24 Oct 2025 | CN¥5.5t | CN¥2.3t | CN¥112.7b | 52x | 49x | 2.4x |
| Sun, 21 Sep 2025 | CN¥5.5t | CN¥2.3t | CN¥109.5b | 50.1x | 50.2x | 2.4x |
| Tue, 19 Aug 2025 | CN¥5.2t | CN¥2.4t | CN¥105.2b | 50x | 49.8x | 2.2x |
| Thu, 17 Jul 2025 | CN¥4.6t | CN¥2.4t | CN¥104.5b | 43.9x | 44.4x | 2x |
| Sat, 14 Jun 2025 | CN¥4.4t | CN¥2.4t | CN¥105.7b | 40.7x | 41.3x | 1.8x |
| Mon, 12 May 2025 | CN¥4.4t | CN¥2.4t | CN¥105.4b | 40.7x | 42.2x | 1.9x |
| Wed, 09 Apr 2025 | CN¥4.0t | CN¥2.3t | CN¥107.6b | 34.2x | 37.1x | 1.7x |
| Fri, 07 Mar 2025 | CN¥4.8t | CN¥2.3t | CN¥106.4b | 41.7x | 44.7x | 2.1x |
| Sun, 02 Feb 2025 | CN¥4.2t | CN¥2.3t | CN¥108.6b | 34.8x | 38.7x | 1.8x |
| Tue, 31 Dec 2024 | CN¥4.3t | CN¥2.3t | CN¥108.2b | 35.3x | 39.3x | 1.8x |
| Thu, 28 Nov 2024 | CN¥4.2t | CN¥2.3t | CN¥107.3b | 34.8x | 38.9x | 1.8x |
| Sat, 26 Oct 2024 | CN¥4.1t | CN¥2.3t | CN¥109.3b | 32.6x | 37.6x | 1.8x |
| Mon, 23 Sep 2024 | CN¥3.3t | CN¥2.3t | CN¥108.9b | 25.8x | 29.9x | 1.4x |
| Wed, 21 Aug 2024 | CN¥3.4t | CN¥2.3t | CN¥111.6b | 26.6x | 30x | 1.5x |
| Fri, 19 Jul 2024 | CN¥3.5t | CN¥2.3t | CN¥110.9b | 27x | 31.2x | 1.5x |
| Sun, 16 Jun 2024 | CN¥3.7t | CN¥2.3t | CN¥110.2b | 28.2x | 33.1x | 1.6x |
| Tue, 14 May 2024 | CN¥3.9t | CN¥2.2t | CN¥106.8b | 30.8x | 36.6x | 1.7x |
| Thu, 11 Apr 2024 | CN¥3.8t | CN¥2.2t | CN¥104.5b | 30.6x | 36x | 1.7x |
| Sat, 09 Mar 2024 | CN¥3.9t | CN¥2.2t | CN¥104.6b | 29.9x | 36.9x | 1.8x |
| Mon, 05 Feb 2024 | CN¥3.2t | CN¥2.2t | CN¥106.7b | 24.6x | 30.2x | 1.5x |
| Wed, 03 Jan 2024 | CN¥3.9t | CN¥2.2t | CN¥109.5b | 32.7x | 35.5x | 1.8x |
| Fri, 01 Dec 2023 | CN¥3.9t | CN¥2.2t | CN¥109.4b | 33.4x | 35.8x | 1.8x |
| Sun, 29 Oct 2023 | CN¥3.8t | CN¥2.1t | CN¥104.7b | 32.4x | 36.6x | 1.8x |
| Tue, 26 Sep 2023 | CN¥3.9t | CN¥2.1t | CN¥102.7b | 34.1x | 38.3x | 1.9x |
| Thu, 24 Aug 2023 | CN¥4.0t | CN¥2.1t | CN¥104.9b | 34.5x | 38.1x | 1.9x |
38.1x
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | 0.18% | |
| Industrials | 0.12% | |
| Machinery | -0.26% | |
| Agricultural Machinery | 0.72% | |
| Industrial Machinery | 0.38% | |
| Construction Machinery and Vehicles | -2.00% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 301200 Shenzhen Han's CNC Technology | CN¥300.88 | 9.0% +CN¥12.2b | 235.8% | PE142.8x | |
| 301377 Guangdong Dtech Technology | CN¥462.90 | 5.8% +CN¥10.8b | 631.3% | PE315.8x | |
| 300757 RoboTechnik Intelligent Technology | CN¥531.00 | 8.8% +CN¥7.2b | 160.2% | PS87.5x | |
| 601100 Jiangsu Hengli HydraulicLtd | CN¥108.82 | 4.8% +CN¥6.6b | 36.9% | PE52.7x | |
| 688017 Leader Harmonious Drive Systems | CN¥362.17 | 8.5% +CN¥5.2b | 145.6% | PE485.5x |