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Chinese (SSE) Tech Sector Analysis
UpdatedAug 22, 2026
DataAggregated Company Financials
Companies1015
- 7D-2.1%
- 3M-11.0%
- 1Y32.2%
- YTD15.3%
Over the last 7 days, the Tech industry has dropped 2.1%, driven by a pullback from Hygon Information Technology of 12%. On the other hand CXMT is actually up 5.1%. Over the past 12 months, the industry was up 32%. As for the next few years, earnings are expected to grow by 38% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 22 Aug 2026 | CN¥32.1t | CN¥7.5t | CN¥316.7b | 76.7x | 101.4x | 4.3x |
| Mon, 20 Jul 2026 | CN¥27.5t | CN¥7.2t | CN¥252.2b | 76.2x | 108.9x | 3.8x |
| Wed, 17 Jun 2026 | CN¥32.1t | CN¥7.1t | CN¥247.6b | 94.9x | 129.5x | 4.5x |
| Fri, 15 May 2026 | CN¥30.2t | CN¥7.1t | CN¥245.6b | 88.9x | 122.9x | 4.2x |
| Sun, 12 Apr 2026 | CN¥24.1t | CN¥6.7t | CN¥199.2b | 76.8x | 120.9x | 3.6x |
| Tue, 10 Mar 2026 | CN¥23.5t | CN¥6.5t | CN¥192.6b | 77.5x | 122.2x | 3.6x |
| Thu, 05 Feb 2026 | CN¥23.8t | CN¥6.5t | CN¥187.3b | 76.9x | 127.3x | 3.7x |
| Sat, 03 Jan 2026 | CN¥22.4t | CN¥6.5t | CN¥184.6b | 70.4x | 121.5x | 3.4x |
| Mon, 01 Dec 2025 | CN¥20.7t | CN¥6.5t | CN¥186.3b | 67.6x | 111.2x | 3.2x |
| Wed, 29 Oct 2025 | CN¥21.9t | CN¥6.3t | CN¥166.3b | 74.1x | 131.9x | 3.5x |
| Fri, 26 Sep 2025 | CN¥21.7t | CN¥6.3t | CN¥155.5b | 75.5x | 139.8x | 3.5x |
| Sun, 24 Aug 2025 | CN¥19.2t | CN¥6.2t | CN¥146.8b | 75.3x | 131x | 3.1x |
| Tue, 22 Jul 2025 | CN¥16.0t | CN¥6.1t | CN¥139.6b | 67.2x | 114.3x | 2.6x |
| Thu, 19 Jun 2025 | CN¥14.5t | CN¥6.1t | CN¥138.7b | 61.2x | 104.4x | 2.4x |
| Sat, 17 May 2025 | CN¥14.2t | CN¥6.1t | CN¥139.0b | 60.6x | 102.3x | 2.3x |
| Mon, 14 Apr 2025 | CN¥13.9t | CN¥6.0t | CN¥167.9b | 59.9x | 82.6x | 2.3x |
| Wed, 12 Mar 2025 | CN¥16.1t | CN¥5.9t | CN¥167.8b | 68.1x | 96.1x | 2.7x |
| Fri, 07 Feb 2025 | CN¥15.0t | CN¥5.9t | CN¥175.8b | 61x | 85.2x | 2.5x |
| Sun, 05 Jan 2025 | CN¥13.4t | CN¥5.9t | CN¥175.4b | 53.2x | 76.5x | 2.3x |
| Tue, 03 Dec 2024 | CN¥14.9t | CN¥5.9t | CN¥175.1b | 58.6x | 85x | 2.5x |
| Thu, 31 Oct 2024 | CN¥14.3t | CN¥5.9t | CN¥192.6b | 54.2x | 74.3x | 2.4x |
| Sat, 28 Sep 2024 | CN¥11.5t | CN¥5.8t | CN¥194.7b | 45x | 59.3x | 2x |
| Mon, 26 Aug 2024 | CN¥10.2t | CN¥5.8t | CN¥225.5b | 39.5x | 45.3x | 1.8x |
| Wed, 24 Jul 2024 | CN¥10.9t | CN¥5.7t | CN¥225.0b | 42.8x | 48.4x | 1.9x |
| Fri, 21 Jun 2024 | CN¥11.6t | CN¥5.7t | CN¥225.3b | 47.8x | 51.6x | 2x |
| Sun, 19 May 2024 | CN¥11.6t | CN¥5.7t | CN¥225.2b | 47.4x | 51.6x | 2x |
| Tue, 16 Apr 2024 | CN¥11.3t | CN¥5.7t | CN¥277.5b | 44.9x | 40.6x | 2x |
| Thu, 14 Mar 2024 | CN¥12.4t | CN¥5.6t | CN¥270.3b | 50.8x | 45.8x | 2.2x |
| Sat, 10 Feb 2024 | CN¥10.5t | CN¥5.6t | CN¥268.7b | 40x | 39x | 1.9x |
| Mon, 08 Jan 2024 | CN¥12.0t | CN¥5.6t | CN¥263.5b | 54.6x | 45.7x | 2.2x |
| Wed, 06 Dec 2023 | CN¥12.7t | CN¥5.6t | CN¥263.3b | 57.1x | 48.1x | 2.3x |
| Fri, 03 Nov 2023 | CN¥12.4t | CN¥5.6t | CN¥262.9b | 53.4x | 47.3x | 2.2x |
| Sun, 01 Oct 2023 | CN¥13.0t | CN¥5.6t | CN¥275.2b | 52.9x | 47.3x | 2.3x |
| Tue, 29 Aug 2023 | CN¥12.5t | CN¥5.4t | CN¥277.4b | 49.8x | 45.1x | 2.3x |
Price to Earnings Ratio
45.1x
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 101x which is higher than its 3-year average PE of 85.6x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 4.5% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Tech sector?
| CN Market | -1.45% | |
| Tech | -2.15% | |
| Semiconductors | -0.90% | |
| Communications | -1.33% | |
| Electronic Equipment and Components | -2.88% | |
| Tech Hardware | -4.10% | |
| Software | -5.39% | |
| IT | -6.20% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 33.1%, which is higher than its past year's earnings decline of 2.3% per year.
- Investors are most pessimistic about the Tech Hardware industry, which is trading below its 3-year average of 57.6x.
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 7.3% per year.
- In contrast, the Tech Hardware industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 688825 CXMT | CN¥58.00 | 5.1% +CN¥188.6b | n/a | PE137.6x | |
| 300570 T&S CommunicationsLtd | CN¥214.46 | 32.8% +CN¥11.8b | 77.3% | PE158x | |
| 688808 Semight Instruments | CN¥2.32k | 4.6% +CN¥10.4b | n/a | PE872.6x | |
| 688361 Skyverse Technology | CN¥349.46 | 7.7% +CN¥8.8b | 252.6% | PE21771x | |
| 688498 Yuanjie Semiconductor Technology | CN¥1.59k | 4.5% +CN¥8.4b | 771.1% | PE553.2x |