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Chinese (SSE) Communications Industry Analysis

UpdatedJan 30, 2025
DataAggregated Company Financials
Companies100
  • 7D-4.1%
  • 3M-2.8%
  • 1Y50.6%
  • YTD1.2%

Over the last 7 days, the Communications industry has dropped 3.2%, driven by Zhongji Innolight declining 13%. On the other hand MeiG Smart Technology is actually up 20%. In the past year, the industry has gained 44%. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Jan 2025CN¥1.2tCN¥434.5bCN¥20.9b67x57.8x2.8x
Sat, 28 Dec 2024CN¥1.3tCN¥434.5bCN¥20.9b67.9x61.6x3x
Mon, 25 Nov 2024CN¥1.2tCN¥434.5bCN¥20.9b65.2x57.3x2.8x
Wed, 23 Oct 2024CN¥1.2tCN¥427.3bCN¥19.7b48x60.9x2.8x
Fri, 20 Sep 2024CN¥854.0bCN¥428.5bCN¥19.7b36.5x43.3x2x
Sun, 18 Aug 2024CN¥893.0bCN¥424.8bCN¥19.1b44.7x46.8x2.1x
Tue, 16 Jul 2024CN¥949.0bCN¥426.1bCN¥18.0b49.8x52.7x2.2x
Thu, 13 Jun 2024CN¥925.7bCN¥426.1bCN¥18.0b48.8x51.4x2.2x
Sat, 11 May 2024CN¥997.4bCN¥425.5bCN¥18.1b52.4x55x2.3x
Mon, 08 Apr 2024CN¥997.8bCN¥425.4bCN¥20.2b49.1x49.4x2.3x
Wed, 06 Mar 2024CN¥1.0tCN¥421.5bCN¥20.2b50.6x50.1x2.4x
Fri, 02 Feb 2024CN¥807.7bCN¥420.8bCN¥19.3b39.4x41.9x1.9x
Sun, 31 Dec 2023CN¥1.0tCN¥420.9bCN¥19.3b54.6x52.4x2.4x
Tue, 28 Nov 2023CN¥1.0tCN¥421.0bCN¥19.3b52.8x53x2.4x
Thu, 26 Oct 2023CN¥976.4bCN¥424.3bCN¥20.5b48.4x47.6x2.3x
Sat, 23 Sep 2023CN¥1.1tCN¥429.2bCN¥20.4b51.9x51.5x2.5x
Mon, 21 Aug 2023CN¥1.0tCN¥432.3bCN¥20.9b50.6x48.5x2.3x
Wed, 19 Jul 2023CN¥1.2tCN¥432.2bCN¥20.4b56x56.6x2.7x
Fri, 16 Jun 2023CN¥1.1tCN¥432.1bCN¥20.3b57.1x56x2.6x
Sun, 14 May 2023CN¥957.5bCN¥433.0bCN¥20.5b46.6x46.8x2.2x
Tue, 11 Apr 2023CN¥1.1tCN¥421.3bCN¥20.2b52.1x54.8x2.6x
Thu, 09 Mar 2023CN¥984.6bCN¥420.4bCN¥19.4b48.5x50.8x2.3x
Sat, 04 Feb 2023CN¥885.6bCN¥420.1bCN¥19.4b43.2x45.7x2.1x
Mon, 02 Jan 2023CN¥793.9bCN¥420.1bCN¥19.3b35.8x41x1.9x
Wed, 30 Nov 2022CN¥835.3bCN¥420.0bCN¥19.4b38.7x43.2x2x
Fri, 28 Oct 2022CN¥807.0bCN¥418.4bCN¥19.3b36.6x41.7x1.9x
Sun, 25 Sep 2022CN¥782.2bCN¥407.7bCN¥17.8b32.7x44x1.9x
Tue, 23 Aug 2022CN¥860.1bCN¥398.1bCN¥16.9b45.3x50.9x2.2x
Thu, 21 Jul 2022CN¥835.4bCN¥396.6bCN¥16.3b45.7x51.2x2.1x
Sat, 18 Jun 2022CN¥777.9bCN¥394.1bCN¥16.1b42x48.2x2x
Mon, 16 May 2022CN¥705.1bCN¥391.5bCN¥15.9b38.9x44.2x1.8x
Wed, 13 Apr 2022CN¥742.7bCN¥379.0bCN¥6.7b40x110.8x2x
Fri, 11 Mar 2022CN¥852.3bCN¥382.2b-CN¥118,628,887.0043.9x-7184.2x2.2x
Sun, 06 Feb 2022CN¥895.6bCN¥377.1bCN¥63.4m46.1x14130.6x2.4x
Price to Earnings Ratio

14130.6x


Total Market Cap: CN¥895.6bTotal Earnings: CN¥63.4mTotal Revenue: CN¥377.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Communications Industry Price to Earnings3Y Average 343.1x202320242025
Current Industry PE
  • Investors are pessimistic on the Chinese Communications industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 57.8x which is lower than its 3-year average PE of 343x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Communications industry have grown 591% per year over the last three years.
  • Revenues for these companies have grown 4.8% 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 Market0.066%
Tech-1.39%
Communications-4.11%
Communications Equipment-4.11%
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
002881 MeiG Smart TechnologyCN¥40.2420.3%
+CN¥1.8b		114.0%PE120.1x
300638 Fibocom WirelessCN¥30.127.2%
+CN¥1.5b		118.7%PE30.3x
300570 T&S CommunicationsLtdCN¥118.765.0%
+CN¥1.3b		289.9%PE134.7x
300353 Kyland TechnologyCN¥11.868.0%
+CN¥541.1m		45.0%PE27.5x
300250 Hangzhou CNCR-ITLtdCN¥15.6815.4%
+CN¥447.4m		14.5%PS11.2x
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