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Chinese (SSE) Communications Equipment Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies100
- 7D-4.2%
- 3M-13.5%
- 1Y-18.3%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 3.1%, driven by Zhongji Innolight declining 13%. Meanwhile, Hengtong Optic-Electric actually outperformed within the industry, gaining 6.1% in the last week. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Chinese Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥884.1b | CN¥426.1b | CN¥18.0b | 45.5x | 49.1x | 2.1x |
| Sun, 23 Jun 2024 | CN¥977.8b | CN¥426.1b | CN¥18.0b | 50.2x | 54.3x | 2.3x |
| Tue, 21 May 2024 | CN¥1.0t | CN¥425.9b | CN¥18.1b | 55.2x | 55.8x | 2.4x |
| Thu, 18 Apr 2024 | CN¥978.9b | CN¥425.4b | CN¥20.8b | 44.6x | 47x | 2.3x |
| Sat, 16 Mar 2024 | CN¥1.0t | CN¥426.4b | CN¥20.6b | 50.9x | 50.9x | 2.5x |
| Mon, 12 Feb 2024 | CN¥838.1b | CN¥420.8b | CN¥19.3b | 39.4x | 43.4x | 2x |
| Wed, 10 Jan 2024 | CN¥927.0b | CN¥420.8b | CN¥19.3b | 47.4x | 48.1x | 2.2x |
| Fri, 08 Dec 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 51.1x | 52.1x | 2.4x |
| Sun, 05 Nov 2023 | CN¥982.0b | CN¥421.0b | CN¥19.3b | 51x | 50.9x | 2.3x |
| Tue, 03 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 52x | 51.9x | 2.5x |
| Thu, 31 Aug 2023 | CN¥1.0t | CN¥431.5b | CN¥20.8b | 53.2x | 49.8x | 2.4x |
| Sat, 29 Jul 2023 | CN¥1.1t | CN¥432.2b | CN¥20.4b | 50.4x | 53.1x | 2.5x |
| Mon, 26 Jun 2023 | CN¥1.2t | CN¥432.1b | CN¥20.3b | 61.1x | 59.4x | 2.8x |
| Wed, 24 May 2023 | CN¥979.1b | CN¥431.9b | CN¥20.3b | 49.9x | 48.3x | 2.3x |
| Fri, 21 Apr 2023 | CN¥1.1t | CN¥420.9b | CN¥19.5b | 51.6x | 57.2x | 2.7x |
| Sun, 19 Mar 2023 | CN¥1.0t | CN¥421.0b | CN¥19.7b | 43.6x | 51.2x | 2.4x |
| Tue, 14 Feb 2023 | CN¥920.5b | CN¥420.3b | CN¥19.4b | 42.1x | 47.5x | 2.2x |
| Thu, 12 Jan 2023 | CN¥811.3b | CN¥420.1b | CN¥19.3b | 34.9x | 41.9x | 1.9x |
| Sat, 10 Dec 2022 | CN¥833.3b | CN¥420.1b | CN¥19.3b | 38.5x | 43.1x | 2x |
| Mon, 07 Nov 2022 | CN¥834.2b | CN¥420.0b | CN¥19.4b | 37.4x | 43.1x | 2x |
| Wed, 05 Oct 2022 | CN¥743.0b | CN¥413.3b | CN¥17.3b | 30.7x | 42.8x | 1.8x |
| Fri, 02 Sep 2022 | CN¥803.0b | CN¥362.8b | CN¥17.0b | 35.9x | 47.4x | 2.2x |
| Sun, 31 Jul 2022 | CN¥832.1b | CN¥396.2b | CN¥16.3b | 44x | 51.1x | 2.1x |
| Tue, 28 Jun 2022 | CN¥784.4b | CN¥394.1b | CN¥16.1b | 42.4x | 48.6x | 2x |
| Thu, 26 May 2022 | CN¥699.6b | CN¥391.9b | CN¥16.0b | 38.1x | 43.8x | 1.8x |
| Sat, 23 Apr 2022 | CN¥703.0b | CN¥383.4b | CN¥9.3b | 38.7x | 75.6x | 1.8x |
| Mon, 21 Mar 2022 | CN¥851.3b | CN¥383.9b | CN¥432.9m | 42.8x | 1966.7x | 2.2x |
| Wed, 16 Feb 2022 | CN¥911.1b | CN¥377.4b | CN¥151.0m | 46.5x | 6033x | 2.4x |
| Fri, 14 Jan 2022 | CN¥967.8b | CN¥376.9b | -CN¥187,433,987.00 | 49.5x | -5163.2x | 2.6x |
| Sun, 12 Dec 2021 | CN¥968.4b | CN¥376.9b | -CN¥187,480,223.00 | 49.6x | -5165.1x | 2.6x |
| Tue, 09 Nov 2021 | CN¥913.9b | CN¥376.5b | -CN¥226,695,948.00 | 48.1x | -4031.2x | 2.4x |
| Thu, 07 Oct 2021 | CN¥917.6b | CN¥368.8b | -CN¥292,067,030.00 | 49x | -3141.7x | 2.5x |
| Sat, 04 Sep 2021 | CN¥951.5b | CN¥368.4b | -CN¥350,707,637.87 | 51.7x | -2713.2x | 2.6x |
| Mon, 02 Aug 2021 | CN¥1.0t | CN¥368.1b | -CN¥471,857,296.87 | 53.7x | -2140.7x | 2.7x |
Price to Earnings Ratio
-2140.7x
Current Industry PE
- Investors are optimistic on the Chinese Communications Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 50.0x which is higher than its 3-year average PE of -269x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- Total earnings for the Communications Equipment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 5.0% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Chinese Communications Equipment compare with similar industries?
| CN Market | -3.39% | |
| Tech | -4.00% | |
| Communications | -4.20% | |
| Communications Equipment | -4.20% | |
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 | |
|---|---|---|---|---|---|
| 600487 Hengtong Optic-Electric | CN¥16.14 | 7.2% +CN¥2.6b | 5.8% | PE17.2x | |
| 300762 Jushri Technologies | CN¥17.70 | 20.9% +CN¥1.9b | 21.7% | PS36.6x | |
| 002465 Guangzhou Haige Communications Group | CN¥9.60 | 4.0% +CN¥918.3m | -5.7% | PE33.9x | |
| 300563 Shenyu Communication Technology | CN¥38.10 | 15.9% +CN¥915.8m | 172.3% | PE72.8x | |
| 300252 Kingsignal Technology | CN¥7.24 | 22.3% +CN¥872.7m | -21.2% | PS2.6x |
