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- 7D-1.0%
- 3M13.0%
- 1Y90.1%
- YTD3.1%
Over the last 7 days, the Communications industry has dropped 1.0%, and Shenzhen Sunway Communication contributed the most with a 7.4% decline. Meanwhile, Ruijie Networks actually outperformed within the industry, gaining 8.2% in the last week. This takes the industry's 12 month performance to a gain of 90%. Looking forward, earnings are forecast to grow by 42% annually.
Industry Valuation and Performance
Has the Chinese Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 16 Mar 2026 | CN¥2.5t | CN¥471.2b | CN¥21.7b | 99.3x | 115x | 5.3x |
| Wed, 11 Feb 2026 | CN¥2.5t | CN¥462.5b | CN¥19.7b | 100.9x | 127.2x | 5.4x |
| Fri, 09 Jan 2026 | CN¥2.5t | CN¥462.4b | CN¥19.7b | 83.3x | 124.9x | 5.3x |
| Sun, 07 Dec 2025 | CN¥2.1t | CN¥462.4b | CN¥19.7b | 76.6x | 107x | 4.6x |
| Tue, 04 Nov 2025 | CN¥2.0t | CN¥463.5b | CN¥17.1b | 67.6x | 115.7x | 4.3x |
| Thu, 02 Oct 2025 | CN¥1.9t | CN¥453.4b | CN¥16.9b | 81.7x | 114x | 4.3x |
| Sat, 30 Aug 2025 | CN¥1.9t | CN¥453.3b | CN¥17.2b | 87.5x | 112.1x | 4.2x |
| Mon, 28 Jul 2025 | CN¥1.4t | CN¥437.9b | CN¥16.2b | 70.6x | 86.3x | 3.2x |
| Wed, 25 Jun 2025 | CN¥1.3t | CN¥437.9b | CN¥16.2b | 65.9x | 77.8x | 2.9x |
| Fri, 23 May 2025 | CN¥1.2t | CN¥438.4b | CN¥15.6b | 74.1x | 74.4x | 2.6x |
| Sun, 20 Apr 2025 | CN¥1.1t | CN¥430.3b | CN¥19.3b | 80.5x | 56.2x | 2.5x |
| Tue, 18 Mar 2025 | CN¥1.3t | CN¥434.2b | CN¥20.5b | 88.7x | 64x | 3x |
| Thu, 13 Feb 2025 | CN¥1.3t | CN¥434.5b | CN¥20.9b | 73.4x | 62.4x | 3x |
| Sat, 11 Jan 2025 | CN¥1.1t | CN¥434.5b | CN¥20.9b | 63.7x | 54.3x | 2.6x |
| Mon, 09 Dec 2024 | CN¥1.2t | CN¥434.5b | CN¥20.9b | 69.7x | 59.1x | 2.8x |
| Wed, 06 Nov 2024 | CN¥1.3t | CN¥434.2b | CN¥20.9b | 68.4x | 59.9x | 2.9x |
| Fri, 04 Oct 2024 | CN¥1.1t | CN¥428.5b | CN¥19.7b | 48.1x | 56.3x | 2.6x |
| Sun, 01 Sep 2024 | CN¥867.8b | CN¥428.0b | CN¥19.9b | 39.4x | 43.7x | 2x |
| Tue, 30 Jul 2024 | CN¥912.9b | CN¥426.1b | CN¥18.0b | 47.9x | 50.6x | 2.1x |
| Thu, 27 Jun 2024 | CN¥915.2b | CN¥426.1b | CN¥18.0b | 49.1x | 50.8x | 2.1x |
| Sat, 25 May 2024 | CN¥957.2b | CN¥425.9b | CN¥18.1b | 53.5x | 52.9x | 2.2x |
| Mon, 22 Apr 2024 | CN¥964.8b | CN¥424.6b | CN¥20.8b | 45.6x | 46.4x | 2.3x |
| Wed, 20 Mar 2024 | CN¥1.1t | CN¥426.2b | CN¥20.5b | 54.7x | 52.2x | 2.5x |
| Fri, 16 Feb 2024 | CN¥838.6b | CN¥420.7b | CN¥19.3b | 39.4x | 43.5x | 2x |
| Sun, 14 Jan 2024 | CN¥917.9b | CN¥420.8b | CN¥19.3b | 47.2x | 47.6x | 2.2x |
| Tue, 12 Dec 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 55x | 54.3x | 2.5x |
| Thu, 09 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 53.1x | 53.3x | 2.4x |
| Sat, 07 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 52x | 51.8x | 2.5x |
| Mon, 04 Sep 2023 | CN¥1.0t | CN¥429.7b | CN¥20.5b | 49.3x | 49.9x | 2.4x |
| Wed, 02 Aug 2023 | CN¥1.1t | CN¥432.2b | CN¥20.3b | 51.1x | 53.9x | 2.5x |
| Fri, 30 Jun 2023 | CN¥1.2t | CN¥432.1b | CN¥20.3b | 59.3x | 57.9x | 2.7x |
| Sun, 28 May 2023 | CN¥1.0t | CN¥431.8b | CN¥20.3b | 51.8x | 50.2x | 2.4x |
| Tue, 25 Apr 2023 | CN¥1.1t | CN¥434.5b | CN¥19.9b | 50.8x | 54.8x | 2.5x |
| Thu, 23 Mar 2023 | CN¥1.0t | CN¥420.8b | CN¥19.6b | 46.8x | 53.4x | 2.5x |
Price to Earnings Ratio
53.4x
Current Industry PE
- Investors are optimistic on the Chinese Communications industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 115x which is higher than its 3-year average PE of 67.6x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Communications industry have grown 3.4% per year over the last three years.
- Revenues for these companies have grown 3.8% 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 industry?
| CN Market | -0.48% | |
| Tech | -1.22% | |
| Communications | -1.04% | |
| Communications Equipment | -1.04% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 301165 Ruijie Networks | CN¥91.94 | 8.2% +CN¥5.5b | 58.2% | PE86.8x | |
| 600487 Hengtong Optic-Electric | CN¥49.68 | 2.6% +CN¥3.1b | 194.0% | PE42.9x | |
| 300548 EverProX Technologies | CN¥158.85 | 6.0% +CN¥2.6b | 249.9% | PE162.8x | |
| 002151 Beijing BDStar Navigation | CN¥45.70 | 9.3% +CN¥2.1b | 67.6% | PS12.8x | |
| 300394 Suzhou TFC Optical Communication | CN¥325.00 | 0.7% +CN¥1.6b | 378.3% | PE137.9x |