Chinese (SSE) Communications Industry Analysis
- 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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 19 Jan 2022 | CN„1.0t | CN„376.9b | -CN„187,435,253.00 | 51.8x |
| Fri, 17 Dec 2021 | CN„989.0b | CN„376.9b | -CN„187,448,708.00 | 51.8x |
| Sun, 14 Nov 2021 | CN„969.6b | CN„376.5b | -CN„226,467,945.00 | 52.6x |
| Tue, 12 Oct 2021 | CN„921.0b | CN„368.2b | -CN„449,507,301.00 | 48.6x |
| Thu, 09 Sep 2021 | CN„969.3b | CN„368.5b | -CN„328,629,461.87 | 53x |
| Sat, 07 Aug 2021 | CN„1.0t | CN„368.1b | -CN„471,857,296.87 | 54x |
| Fri, 30 Apr 2021 | CN„786.4b | CN„363.1b | CN„5.4b | 44.4x |
| Mon, 01 Feb 2021 | CN„874.0b | CN„343.1b | CN„2.3b | 53.2x |
| Thu, 05 Nov 2020 | CN„954.6b | CN„345.3b | CN„7.3b | 60.4x |
| Sun, 09 Aug 2020 | CN„1.1t | CN„335.6b | CN„9.4b | 63.8x |
| Sat, 02 May 2020 | CN„931.3b | CN„330.5b | CN„9.3b | 56.8x |
| Tue, 04 Feb 2020 | CN„915.8b | CN„344.8b | CN„11.9b | 62x |
| Fri, 08 Nov 2019 | CN„809.4b | CN„345.0b | CN„15.7b | 45.9x |
| Thu, 01 Aug 2019 | CN„798.3b | CN„347.1b | CN„15.5b | 49x |
| Sun, 05 May 2019 | CN„839.4b | CN„337.6b | CN„13.2b | 46.5x |
| Wed, 06 Feb 2019 | CN„614.6b | CN„339.2b | CN„6.5b | 39.8x |
39.8x
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 Equipment | 3.61% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 733 China Zhenhua (Group) Science & Technology | CN„121.93 | 8.8% +CN„5.1b | 112.4% | PE52.2x | |
| 300628 Yealink Network Technology | CN„86.98 | 3.1% +CN„2.3b | 5.9% | PE52.7x | |
| 810 Skyworth Digital | CN„13.87 | 18.0% +CN„2.3b | 76.2% | PE39.7x | |
| 300627 Shanghai Huace Navigation Technology | CN„44.00 | 12.8% +CN„1.9b | 75.6% | PE62.9x | |
| 300394 Suzhou TFC Optical Communication | CN„37.42 | 13.7% +CN„1.8b | 33.5% | PE52.6x |