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Chinese (SSE) Communications Industry Analysis

UpdatedJan 18, 2022
DataAggregated Company Financials
  • 7D3.6%
  • 3M10.3%
  • 1Y3.2%
  • YTD0.8%

Over the last 7 days, the Communications industry has risen 3.6%, driven by gains from China Zhenhua (Group) Science & Technology of 8.8%. Meanwhile, Zhongji Innolight actually underperformed within the industry, shrinking 7.8% in the last week. This takes the industry's 12 month performance to a gain of 3.2%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 19 Jan 2022CN„1.0tCN„376.9b-CN„187,435,253.0051.8x
Fri, 17 Dec 2021CN„989.0bCN„376.9b-CN„187,448,708.0051.8x
Sun, 14 Nov 2021CN„969.6bCN„376.5b-CN„226,467,945.0052.6x
Tue, 12 Oct 2021CN„921.0bCN„368.2b-CN„449,507,301.0048.6x
Thu, 09 Sep 2021CN„969.3bCN„368.5b-CN„328,629,461.8753x
Sat, 07 Aug 2021CN„1.0tCN„368.1b-CN„471,857,296.8754x
Fri, 30 Apr 2021CN„786.4bCN„363.1bCN„5.4b44.4x
Mon, 01 Feb 2021CN„874.0bCN„343.1bCN„2.3b53.2x
Thu, 05 Nov 2020CN„954.6bCN„345.3bCN„7.3b60.4x
Sun, 09 Aug 2020CN„1.1tCN„335.6bCN„9.4b63.8x
Sat, 02 May 2020CN„931.3bCN„330.5bCN„9.3b56.8x
Tue, 04 Feb 2020CN„915.8bCN„344.8bCN„11.9b62x
Fri, 08 Nov 2019CN„809.4bCN„345.0bCN„15.7b45.9x
Thu, 01 Aug 2019CN„798.3bCN„347.1bCN„15.5b49x
Sun, 05 May 2019CN„839.4bCN„337.6bCN„13.2b46.5x
Wed, 06 Feb 2019CN„614.6bCN„339.2bCN„6.5b39.8x
PE Ratio


Total Market Cap: CN„614.6bTotal Earnings: CN„6.5bTotal Revenue: CN„339.2b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 52.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: Total earnings for the Communications industry have declined over the last three years, with the industry now making a loss overall. But revenues have grown 3.6% 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 Communications industry?

Communications Equipment3.61%

Industry PE: Investors are most optimistic about the Communications Equipment industry, which is trading close to its 3-year average PE ratio of 52.6x. This is likely because analysts are expecting annual earnings growth of 29%, which is higher than its past year's earnings growth of 18% per year.

Forecasted Growth: Analysts are most optimistic on the Communications Equipment industry, expecting annual earnings growth of 29% over the next 5 years. This is better than it's past earnings growth rate of 18% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
733 China Zhenhua (Group) Science & TechnologyCN„121.938.8%
300628 Yealink Network TechnologyCN„86.983.1%
810 Skyworth DigitalCN„13.8718.0%
300627 Shanghai Huace Navigation TechnologyCN„44.0012.8%
300394 Suzhou TFC Optical CommunicationCN„37.4213.7%
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