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Chinese (SSE) Communications Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies102
  • 7D11.8%
  • 3M-7.7%
  • 1Y-0.5%
  • YTD-5.8%

Over the last 7 days, the Communications industry has risen 12%, driven by gains from Zhongji Innolight of 16%. Despite this gain, the industry's performance has been flat over the past year. Earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

Has the Chinese Communications Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024CN¥938.2bCN¥420.9bCN¥19.2b43.5x48.8x2.2x
Mon, 22 Jan 2024CN¥898.4bCN¥420.8bCN¥19.3b45.7x46.6x2.1x
Wed, 20 Dec 2023CN¥1.0tCN¥420.8bCN¥19.3b51.5x52x2.4x
Fri, 17 Nov 2023CN¥1.1tCN¥421.0bCN¥19.3b54x55.2x2.5x
Sun, 15 Oct 2023CN¥1.1tCN¥429.2bCN¥20.4b54.3x52.6x2.5x
Tue, 12 Sep 2023CN¥1.1tCN¥429.4bCN¥20.5b51.7x51.6x2.5x
Thu, 10 Aug 2023CN¥1.1tCN¥432.9bCN¥20.5b50.5x52x2.5x
Sat, 08 Jul 2023CN¥1.2tCN¥432.2bCN¥20.4b60.3x56.9x2.7x
Mon, 05 Jun 2023CN¥1.1tCN¥432.1bCN¥20.3b53.7x53x2.5x
Wed, 03 May 2023CN¥1.0tCN¥433.8bCN¥20.1b48.3x51.8x2.4x
Fri, 31 Mar 2023CN¥1.0tCN¥420.9bCN¥19.7b49.4x51.8x2.4x
Sun, 26 Feb 2023CN¥926.8bCN¥420.3bCN¥19.4b43x47.8x2.2x
Tue, 24 Jan 2023CN¥850.7bCN¥420.1bCN¥19.3b36.5x44x2x
Thu, 22 Dec 2022CN¥790.1bCN¥420.1bCN¥19.3b35.3x40.8x1.9x
Sat, 19 Nov 2022CN¥841.2bCN¥420.0bCN¥19.4b37.6x43.5x2x
Mon, 17 Oct 2022CN¥785.1bCN¥414.1bCN¥17.5b32.6x44.8x1.9x
Wed, 14 Sep 2022CN¥829.7bCN¥407.7bCN¥18.5b35x44.8x2x
Fri, 12 Aug 2022CN¥892.3bCN¥398.3bCN¥16.6b46.7x53.7x2.2x
Sun, 10 Jul 2022CN¥799.6bCN¥396.6bCN¥16.3b44.2x49x2x
Tue, 07 Jun 2022CN¥776.0bCN¥394.1bCN¥16.1b41.6x48.1x2x
Thu, 05 May 2022CN¥681.3bCN¥387.1bCN¥15.4b38.1x44.1x1.8x
Sat, 02 Apr 2022CN¥777.1bCN¥376.6bCN¥7.2b40.9x108.6x2.1x
Mon, 28 Feb 2022CN¥928.0bCN¥377.8bCN¥158.5m47.8x5855.7x2.5x
Wed, 26 Jan 2022CN¥918.5bCN¥376.9b-CN¥187,237,105.0048.8x-4905.6x2.4x
Fri, 24 Dec 2021CN¥981.1bCN¥376.9b-CN¥187,474,474.0050.2x-5233.3x2.6x
Sun, 21 Nov 2021CN¥970.4bCN¥376.9b-CN¥192,616,828.0049.4x-5038.1x2.6x
Tue, 19 Oct 2021CN¥911.8bCN¥368.6b-CN¥414,086,737.0049.3x-2202x2.5x
Thu, 16 Sep 2021CN¥931.7bCN¥368.5b-CN¥328,629,461.8750.3x-2835.1x2.5x
Sat, 14 Aug 2021CN¥982.8bCN¥368.1b-CN¥471,857,296.8752.2x-2082.7x2.7x
Wed, 09 Jun 2021CN¥855.7bCN¥363.1bCN¥5.4b45.4x157.1x2.4x
Tue, 02 Mar 2021CN¥861.6bCN¥343.1bCN¥2.3b54.3x374.5x2.5x
Price to Earnings Ratio

374.5x


Total Market Cap: CN¥861.6bTotal Earnings: CN¥2.3bTotal Revenue: CN¥343.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Communications Industry Price to Earnings3Y Average -307x202220232024
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 48.8x which is higher than its 3-year average PE of -307x.
  • The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 103% per year over the last three years.
  • Revenues for these companies have grown 7.1% 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 Market5.15%
Tech7.91%
Communications11.81%
Communications Equipment11.81%
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?

CompanyLast Price7D1YValuation
300308 Zhongji InnolightCN¥147.7316.3%
+CN¥16.3b
323.7%PE69.7x
63 ZTECN¥25.526.3%
+CN¥7.3b
-15.2%PE13.4x
300394 Suzhou TFC Optical CommunicationCN¥119.429.8%
+CN¥4.2b
186.3%PE83.5x
301318 ValueHDCN¥51.67148.8%
+CN¥3.2b
62.8%PE55.2x
301165 Ruijie NetworksCN¥34.9615.0%
+CN¥2.6b
-17.2%PE63.3x
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Latest News

301318

CN¥51.67

ValueHD

7D

148.8%

1Y

62.8%

301165

CN¥34.96

Ruijie Networks

7D

15.0%

1Y

-17.2%

300627

CN¥26.15

Shanghai Huace Navigation Technology

7D

-3.0%

1Y

-11.4%

300308

CN¥147.73

Zhongji Innolight

7D

16.3%

1Y

323.7%

300394

CN¥119.42

Suzhou TFC Optical Communication

7D

9.8%

1Y

186.3%

603496

CN¥27.36

EmbedWay Technologies (Shanghai)

7D

34.4%

1Y

102.9%

603712

CN¥27.93

TianJin 712 Communication & Broadcasting

7D

-0.3%

1Y

-17.7%

600775

CN¥10.73

Nanjing Panda Electronics

7D

24.5%

1Y

-4.6%

63

CN¥25.52

ZTE

7D

6.3%

1Y

-15.2%

70

CN¥8.94

Shenzhen SDG Information

7D

35.9%

1Y

8.1%