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Chinese (SSE) Communications Equipment Industry Analysis

UpdatedApr 12, 2024
DataAggregated Company Financials
Companies101
  • 7D-3.4%
  • 3M5.5%
  • 1Y-9.1%
  • YTDn/a

Over the last 7 days, the Communications Equipment industry has dropped 3.3%, driven by ZTE declining 2.7%. The industry has fallen 7.4% in the last year. Earnings are forecast to grow by 36% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024CN¥964.5bCN¥425.4bCN¥20.2b48.2x47.7x2.3x
Mon, 11 Mar 2024CN¥1.0tCN¥426.0bCN¥20.4b51.8x50.4x2.4x
Wed, 07 Feb 2024CN¥789.7bCN¥420.8bCN¥19.3b35.5x40.9x1.9x
Fri, 05 Jan 2024CN¥972.0bCN¥420.8bCN¥19.3b50.5x50.5x2.3x
Sun, 03 Dec 2023CN¥1.0tCN¥421.0bCN¥19.3b53.1x53.6x2.5x
Tue, 31 Oct 2023CN¥999.2bCN¥423.6bCN¥19.7b49.1x50.6x2.4x
Thu, 28 Sep 2023CN¥1.0tCN¥429.2bCN¥20.4b50.4x50.7x2.4x
Sat, 26 Aug 2023CN¥969.2bCN¥431.3bCN¥20.9b50.5x46.4x2.2x
Mon, 24 Jul 2023CN¥1.1tCN¥432.2bCN¥20.4b52.1x53.6x2.5x
Wed, 21 Jun 2023CN¥1.2tCN¥432.1bCN¥20.3b63x61.1x2.9x
Fri, 19 May 2023CN¥1.0tCN¥431.9bCN¥20.3b51.4x49.9x2.3x
Sun, 16 Apr 2023CN¥1.1tCN¥421.4bCN¥20.2b52.4x52.7x2.5x
Tue, 14 Mar 2023CN¥1.0tCN¥420.5bCN¥19.7b47.8x51x2.4x
Thu, 09 Feb 2023CN¥899.5bCN¥420.3bCN¥19.4b41x46.4x2.1x
Sat, 07 Jan 2023CN¥821.6bCN¥420.1bCN¥19.3b36.8x42.5x2x
Mon, 05 Dec 2022CN¥849.1bCN¥420.0bCN¥19.4b39.6x43.9x2x
Wed, 02 Nov 2022CN¥814.3bCN¥420.1bCN¥19.2b36.7x42.5x1.9x
Fri, 30 Sep 2022CN¥756.6bCN¥413.3bCN¥17.3b31.8x43.6x1.8x
Sun, 28 Aug 2022CN¥823.2bCN¥404.2bCN¥17.6b39.9x46.9x2x
Tue, 26 Jul 2022CN¥817.2bCN¥396.7bCN¥16.3b42.9x50x2.1x
Thu, 23 Jun 2022CN¥756.0bCN¥394.1bCN¥16.1b40.2x46.8x1.9x
Sat, 21 May 2022CN¥718.6bCN¥391.5bCN¥15.9b39.2x45.1x1.8x
Mon, 18 Apr 2022CN¥718.7bCN¥382.7bCN¥8.8b38.4x81.5x1.9x
Wed, 16 Mar 2022CN¥799.3bCN¥383.7bCN¥406.6m40x1965.5x2.1x
Fri, 11 Feb 2022CN¥917.7bCN¥377.2bCN¥96.9m46.7x9471.1x2.4x
Sun, 09 Jan 2022CN¥978.9bCN¥376.9b-CN¥187,556,323.0050.5x-5219x2.6x
Tue, 07 Dec 2021CN¥964.7bCN¥376.9b-CN¥192,496,528.0050.6x-5011.6x2.6x
Thu, 04 Nov 2021CN¥899.5bCN¥376.6b-CN¥203,119,909.0048.7x-4428.2x2.4x
Sat, 02 Oct 2021CN¥918.0bCN¥368.8b-CN¥292,048,900.0049x-3143.2x2.5x
Mon, 30 Aug 2021CN¥968.0bCN¥368.4b-CN¥350,707,637.8749.7x-2760.1x2.6x
Tue, 06 Jul 2021CN¥907.0bCN¥368.1b-CN¥471,857,296.8746.1x-1922.3x2.5x
Price to Earnings Ratio

144.4x


Total Market Cap: CN¥786.4bTotal Earnings: CN¥5.4bTotal Revenue: CN¥363.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Communications Equipment Industry Price to Earnings3Y Average -323x202220232024
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 48.9x which is higher than its 3-year average PE of -324x.
  • 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 Equipment industry have grown 55% per year over the last three years.
  • Revenues for these companies have grown 5.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Chinese Communications Equipment compare with similar industries?

CN Market-2.07%
Tech-3.90%
Communications-3.41%
Communications Equipment-3.41%
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¥169.338.5%
+CN¥10.4b
154.6%PE61.1x
300394 Suzhou TFC Optical CommunicationCN¥167.819.3%
+CN¥5.6b
188.6%PE90.8x
300628 Yealink Network TechnologyCN¥30.333.2%
+CN¥1.2b
-33.0%PE18.9x
300590 Queclink Wireless SolutionsCN¥11.1921.9%
+CN¥922.2m
-18.3%PE35x
300079 Sumavision TechnologiesLtdCN¥5.106.5%
+CN¥442.1m
-25.3%PE102.1x
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Latest News

600487

CN¥12.51

Hengtong Optic-Electric

7D

1.2%

1Y

-21.2%

300590

CN¥11.19

Queclink Wireless Solutions

7D

21.9%

1Y

-18.3%

2583

CN¥3.97

Hytera Communications

7D

-15.7%

1Y

-38.6%

300308

CN¥169.33

Zhongji Innolight

7D

8.5%

1Y

154.6%

301165

CN¥36.41

Ruijie Networks

7D

-5.8%

1Y

-37.1%

300628

CN¥30.33

Yealink Network Technology

7D

3.2%

1Y

-33.0%

300079

CN¥5.10

Sumavision TechnologiesLtd

7D

6.5%

1Y

-25.3%

300710

CN¥17.91

Hangzhou Prevail Optoelectronic Equipment

7D

7.5%

1Y

-35.7%

688387

CN¥6.17

CICT Mobile Communication Technology

7D

-4.0%

1Y

-9.3%

63

CN¥26.96

ZTE

7D

-1.0%

1Y

-21.6%

2089

CN¥0.26

New Sea Union Technology GroupLtd

7D

23.8%

1Y

-73.5%

600562

CN¥13.04

Glarun TechnologyLtd

7D

-5.7%

1Y

-19.3%