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Chinese (SSE) Tech Sector Analysis
UpdatedJul 08, 2025
DataAggregated Company Financials
Companies1002
- 7D-1.4%
- 3M17.8%
- 1Y38.4%
- YTD7.6%
Over the last 7 days, the Tech industry has dropped 1.4%, driven by a pullback from Cambricon Technologies of 3.6%. Meanwhile, Foxconn Industrial Internet actually outperformed within the industry, gaining 23% in the last week. In the past year, the industry has gained 38%. 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 |
|---|---|---|---|---|---|---|
| Tue, 08 Jul 2025 | CN¥15.0t | CN¥6.1t | CN¥139.0b | 62.7x | 108.2x | 2.5x |
| Thu, 05 Jun 2025 | CN¥14.1t | CN¥6.1t | CN¥139.4b | 59.6x | 101.2x | 2.3x |
| Sat, 03 May 2025 | CN¥14.0t | CN¥6.1t | CN¥140.9b | 60.5x | 99.6x | 2.3x |
| Mon, 31 Mar 2025 | CN¥15.0t | CN¥6.0t | CN¥162.5b | 64.8x | 92.1x | 2.5x |
| Wed, 26 Feb 2025 | CN¥16.4t | CN¥5.9t | CN¥176.8b | 65.4x | 92.6x | 2.8x |
| Fri, 24 Jan 2025 | CN¥14.3t | CN¥5.9t | CN¥175.8b | 57x | 81.1x | 2.4x |
| Sun, 22 Dec 2024 | CN¥15.2t | CN¥5.9t | CN¥175.4b | 60.7x | 86.5x | 2.6x |
| Tue, 19 Nov 2024 | CN¥14.2t | CN¥5.9t | CN¥175.9b | 55x | 80.5x | 2.4x |
| Thu, 17 Oct 2024 | CN¥12.9t | CN¥5.8t | CN¥196.7b | 51.9x | 65.4x | 2.2x |
| Sat, 14 Sep 2024 | CN¥10.0t | CN¥5.8t | CN¥193.7b | 39.2x | 51.4x | 1.7x |
| Mon, 12 Aug 2024 | CN¥10.5t | CN¥5.8t | CN¥227.0b | 41.1x | 46.2x | 1.8x |
| Wed, 10 Jul 2024 | CN¥11.1t | CN¥5.7t | CN¥224.7b | 44.6x | 49.4x | 1.9x |
| Fri, 07 Jun 2024 | CN¥11.2t | CN¥5.7t | CN¥225.3b | 44.4x | 49.7x | 2x |
| Sun, 05 May 2024 | CN¥11.8t | CN¥5.7t | CN¥225.8b | 47.4x | 52.1x | 2.1x |
| Tue, 02 Apr 2024 | CN¥12.1t | CN¥5.7t | CN¥271.7b | 50.5x | 44.6x | 2.1x |
| Thu, 29 Feb 2024 | CN¥11.2t | CN¥5.6t | CN¥271.9b | 46.1x | 41.2x | 2x |
| Sat, 27 Jan 2024 | CN¥11.1t | CN¥5.6t | CN¥264.2b | 49x | 42.2x | 2x |
| Mon, 25 Dec 2023 | CN¥12.4t | CN¥5.6t | CN¥263.3b | 55x | 47.1x | 2.2x |
| Wed, 22 Nov 2023 | CN¥13.4t | CN¥5.6t | CN¥262.4b | 58.1x | 51x | 2.4x |
| Fri, 20 Oct 2023 | CN¥12.7t | CN¥5.6t | CN¥276.8b | 51.2x | 45.8x | 2.3x |
| Sun, 17 Sep 2023 | CN¥12.9t | CN¥5.6t | CN¥275.1b | 53.2x | 46.9x | 2.3x |
| Tue, 15 Aug 2023 | CN¥13.5t | CN¥5.4t | CN¥281.2b | 53.3x | 48.1x | 2.5x |
| Thu, 13 Jul 2023 | CN¥14.1t | CN¥5.3t | CN¥280.8b | 55.3x | 50.2x | 2.7x |
| Sat, 10 Jun 2023 | CN¥14.2t | CN¥5.3t | CN¥280.2b | 55.9x | 50.5x | 2.7x |
| Mon, 08 May 2023 | CN¥13.5t | CN¥5.2t | CN¥279.4b | 51.8x | 48.3x | 2.6x |
| Wed, 05 Apr 2023 | CN¥14.9t | CN¥5.1t | CN¥297.7b | 54.3x | 50x | 2.9x |
| Fri, 03 Mar 2023 | CN¥13.2t | CN¥8.2t | CN¥1.7t | 53.2x | 7.7x | 1.6x |
| Sun, 29 Jan 2023 | CN¥12.7t | CN¥4.9t | CN¥267.9b | 47.5x | 47.3x | 2.6x |
| Tue, 27 Dec 2022 | CN¥11.2t | CN¥4.9t | CN¥267.5b | 43.3x | 41.7x | 2.3x |
| Thu, 24 Nov 2022 | CN¥12.2t | CN¥4.9t | CN¥267.4b | 46.4x | 45.5x | 2.5x |
| Sat, 22 Oct 2022 | CN¥11.4t | CN¥4.8t | CN¥280.6b | 41.1x | 40.7x | 2.4x |
| Mon, 19 Sep 2022 | CN¥11.6t | CN¥4.8t | CN¥277.8b | 41x | 41.8x | 2.4x |
| Wed, 17 Aug 2022 | CN¥13.0t | CN¥4.6t | CN¥279.7b | 47.2x | 46.5x | 2.8x |
| Fri, 15 Jul 2022 | CN¥11.6t | CN¥4.6t | CN¥271.9b | 41.6x | 42.7x | 2.6x |
Price to Earnings Ratio
42.7x
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 108x which is higher than its 3-year average PE of 56.9x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% 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 | 0.36% | |
| Tech | -1.35% | |
| Electronic Equipment and Components | 0.26% | |
| IT | -1.10% | |
| Semiconductors | -1.76% | |
| Tech Hardware | -2.04% | |
| Software | -3.30% | |
| Communications | -3.86% | |
Industry PE
- Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 153x.
- Analysts are expecting annual earnings growth of 33.9%, which is higher than its past year's earnings decline of 14.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings decline of 2.0% per year.
- In contrast, the Communications industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| 601138 Foxconn Industrial Internet | CN¥26.38 | 23.3% +CN¥98.9b | -9.0% | PE21.6x | |
| 600438 TongweiLtd | CN¥20.02 | 23.7% +CN¥16.9b | 21.9% | PS1x | |
| 300476 Victory Giant Technology (HuiZhou)Co.Ltd | CN¥157.20 | 14.2% +CN¥16.7b | 310.7% | PE71.9x | |
| 688303 Xinjiang Daqo New EnergyLtd | CN¥26.50 | 29.1% +CN¥12.7b | 42.5% | PS10.6x | |
| 002938 Avary Holding(Shenzhen)Co | CN¥39.30 | 16.3% +CN¥12.7b | -5.3% | PE25.1x |