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Chinese (SSE) Tech Sector Analysis
UpdatedMay 17, 2026
DataAggregated Company Financials
Companies1011
- 7D3.2%
- 3M19.8%
- 1Y90.1%
- YTD26.0%
Over the last 7 days, the Tech industry has risen 3.2%, driven by gains from Zhongji Innolight of 18%. Meanwhile, Hygon Information Technology actually underperformed within the industry, shrinking 6.3% in the last week. This takes the industry's 12 month performance to a gain of 90%. Earnings are forecast to grow by 39% annually.
Sector Valuation and Performance
Has the Chinese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 17 May 2026 | CN¥29.8t | CN¥7.1t | CN¥245.4b | 90.5x | 121.6x | 4.2x |
| Tue, 14 Apr 2026 | CN¥24.3t | CN¥6.7t | CN¥199.0b | 78x | 122x | 3.6x |
| Thu, 12 Mar 2026 | CN¥24.1t | CN¥6.5t | CN¥192.6b | 81.1x | 125.4x | 3.7x |
| Sat, 07 Feb 2026 | CN¥23.4t | CN¥6.5t | CN¥187.3b | 75.8x | 124.7x | 3.6x |
| Mon, 05 Jan 2026 | CN¥22.4t | CN¥6.5t | CN¥184.6b | 70.4x | 121.6x | 3.4x |
| Wed, 03 Dec 2025 | CN¥20.8t | CN¥6.5t | CN¥186.3b | 68.2x | 111.8x | 3.2x |
| Fri, 31 Oct 2025 | CN¥22.1t | CN¥6.5t | CN¥177.3b | 73.2x | 124.8x | 3.4x |
| Sun, 28 Sep 2025 | CN¥21.1t | CN¥6.3t | CN¥155.5b | 73.4x | 135.8x | 3.4x |
| Tue, 26 Aug 2025 | CN¥19.7t | CN¥6.2t | CN¥147.7b | 74.8x | 133.6x | 3.2x |
| Thu, 24 Jul 2025 | CN¥15.9t | CN¥6.1t | CN¥139.8b | 66.1x | 113.6x | 2.6x |
| Sat, 21 Jun 2025 | CN¥14.2t | CN¥6.1t | CN¥138.9b | 59.7x | 102.1x | 2.3x |
| Mon, 19 May 2025 | CN¥14.2t | CN¥6.1t | CN¥138.0b | 60.5x | 103.1x | 2.3x |
| Wed, 16 Apr 2025 | CN¥13.9t | CN¥6.0t | CN¥167.3b | 60.3x | 82.9x | 2.3x |
| Fri, 14 Mar 2025 | CN¥15.8t | CN¥5.9t | CN¥168.6b | 66.4x | 93.7x | 2.7x |
| Sun, 09 Feb 2025 | CN¥15.3t | CN¥5.9t | CN¥175.8b | 61.4x | 86.7x | 2.6x |
| Tue, 07 Jan 2025 | CN¥13.3t | CN¥5.9t | CN¥175.4b | 52.4x | 75.8x | 2.2x |
| Thu, 05 Dec 2024 | CN¥14.6t | CN¥5.9t | CN¥175.1b | 57.9x | 83.3x | 2.5x |
| Sat, 02 Nov 2024 | CN¥13.9t | CN¥5.9t | CN¥175.9b | 53.1x | 79.2x | 2.4x |
| Mon, 30 Sep 2024 | CN¥11.5t | CN¥5.8t | CN¥194.8b | 45x | 59.2x | 2x |
| Wed, 28 Aug 2024 | CN¥10.0t | CN¥5.8t | CN¥225.8b | 39.1x | 44.3x | 1.7x |
| Fri, 26 Jul 2024 | CN¥10.7t | CN¥5.7t | CN¥225.4b | 41.7x | 47.3x | 1.9x |
| Sun, 23 Jun 2024 | CN¥11.6t | CN¥5.7t | CN¥225.3b | 47.4x | 51.6x | 2x |
| Tue, 21 May 2024 | CN¥11.7t | CN¥5.7t | CN¥225.1b | 47.4x | 51.9x | 2x |
| Thu, 18 Apr 2024 | CN¥11.3t | CN¥5.7t | CN¥277.4b | 44.5x | 40.8x | 2x |
| Sat, 16 Mar 2024 | CN¥12.3t | CN¥5.6t | CN¥270.6b | 50.8x | 45.5x | 2.2x |
| Mon, 12 Feb 2024 | CN¥10.5t | CN¥5.6t | CN¥268.7b | 40x | 39x | 1.9x |
| Wed, 10 Jan 2024 | CN¥11.7t | CN¥5.6t | CN¥263.5b | 53.6x | 44.5x | 2.1x |
| Fri, 08 Dec 2023 | CN¥12.7t | CN¥5.6t | CN¥263.3b | 56.6x | 48.3x | 2.3x |
| Sun, 05 Nov 2023 | CN¥12.8t | CN¥5.6t | CN¥262.1b | 54.5x | 48.7x | 2.3x |
| Tue, 03 Oct 2023 | CN¥13.0t | CN¥5.6t | CN¥275.3b | 52.9x | 47.3x | 2.3x |
| Thu, 31 Aug 2023 | CN¥13.4t | CN¥5.4t | CN¥276.3b | 53.8x | 48.3x | 2.5x |
| Sat, 29 Jul 2023 | CN¥13.7t | CN¥5.3t | CN¥281.1b | 53.9x | 48.6x | 2.6x |
| Mon, 26 Jun 2023 | CN¥14.8t | CN¥5.3t | CN¥279.7b | 57.8x | 52.8x | 2.8x |
| Wed, 24 May 2023 | CN¥13.5t | CN¥5.2t | CN¥278.7b | 54.5x | 48.6x | 2.6x |
Price to Earnings Ratio
48.6x
Current Industry PE
- Investors are optimistic on the Chinese Information Technology industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 122x which is higher than its 3-year average PE of 79.3x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 4.2% 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 Trends
Which industries have driven the changes within the Chinese Tech sector?
| CN Market | -0.83% | |
| Tech | 3.22% | |
| Tech Hardware | 6.85% | |
| Communications | 5.37% | |
| Semiconductors | 5.37% | |
| Electronic Equipment and Components | 2.18% | |
| IT | -1.99% | |
| Software | -5.03% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 46.8%, which is higher than its past year's earnings growth of 5.3% per year.
- Investors are most pessimistic about the Electronic Equipment and Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 46.0x.
Forecasted Growth
- Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings growth rate of 5.9% per year.
- In contrast, the Tech Hardware industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300308 Zhongji Innolight | CN¥1.05k | 18.5% +CN¥182.5b | 973.2% | PE78.2x | |
| 688820 SJ Semiconductor | CN¥183.84 | 44.8% +CN¥105.9b | n/a | PE346.7x | |
| 601138 Foxconn Industrial Internet | CN¥67.62 | 6.9% +CN¥86.1b | 251.8% | PE33x | |
| 301666 DapuStor | CN¥680.00 | 34.7% +CN¥76.4b | n/a | PE22850.1x | |
| 300502 Eoptolink Technology | CN¥610.05 | 10.6% +CN¥58.0b | 620.1% | PE56.5x |