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Chinese (SSE) Communications Equipment Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies100
- 7D-2.7%
- 3M36.8%
- 1Y17.9%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 2.1%, driven by pullbacks in ZTE and Zhongji Innolight of 6.0% and 5.9%, respectively. In contrast, Hytera Communications has gained 13%. In the past year, the industry has gained 20%. Looking forward, earnings are forecast to grow by 38% 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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CN¥1.2t | CN¥434.5b | CN¥20.9b | 65.2x | 57.3x | 2.8x |
| Tue, 22 Oct 2024 | CN¥1.2t | CN¥429.1b | CN¥19.8b | 49x | 60.3x | 2.8x |
| Thu, 19 Sep 2024 | CN¥846.9b | CN¥427.6b | CN¥19.6b | 35.8x | 43.2x | 2x |
| Sat, 17 Aug 2024 | CN¥893.0b | CN¥424.3b | CN¥18.8b | 44.9x | 47.4x | 2.1x |
| Mon, 15 Jul 2024 | CN¥961.7b | CN¥426.1b | CN¥18.0b | 50.3x | 53.4x | 2.3x |
| Wed, 12 Jun 2024 | CN¥915.4b | CN¥426.1b | CN¥18.0b | 47.5x | 50.8x | 2.1x |
| Fri, 10 May 2024 | CN¥1.0t | CN¥425.6b | CN¥18.1b | 54.2x | 55.7x | 2.4x |
| Sun, 07 Apr 2024 | CN¥997.8b | CN¥425.4b | CN¥20.2b | 49.1x | 49.4x | 2.3x |
| Tue, 05 Mar 2024 | CN¥1.0t | CN¥421.5b | CN¥20.2b | 52.5x | 50.6x | 2.4x |
| Thu, 01 Feb 2024 | CN¥796.5b | CN¥420.9b | CN¥19.3b | 39.2x | 41.3x | 1.9x |
| Sat, 30 Dec 2023 | CN¥1.0t | CN¥420.9b | CN¥19.3b | 54.6x | 52.4x | 2.4x |
| Mon, 27 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 51.4x | 52.5x | 2.4x |
| Wed, 25 Oct 2023 | CN¥975.3b | CN¥424.5b | CN¥20.6b | 48.5x | 47.4x | 2.3x |
| Fri, 22 Sep 2023 | CN¥1.0t | CN¥429.2b | CN¥20.4b | 47.5x | 48.9x | 2.3x |
| Sun, 20 Aug 2023 | CN¥1.0t | CN¥432.3b | CN¥20.9b | 50.6x | 48.4x | 2.3x |
| Tue, 18 Jul 2023 | CN¥1.2t | CN¥432.2b | CN¥20.4b | 58.9x | 57.9x | 2.7x |
| Thu, 15 Jun 2023 | CN¥1.1t | CN¥432.1b | CN¥20.3b | 58x | 55.7x | 2.6x |
| Sat, 13 May 2023 | CN¥957.8b | CN¥433.2b | CN¥19.9b | 46.6x | 48x | 2.2x |
| Mon, 10 Apr 2023 | CN¥1.1t | CN¥421.3b | CN¥20.2b | 52.7x | 54.8x | 2.6x |
| Wed, 08 Mar 2023 | CN¥992.7b | CN¥420.4b | CN¥19.4b | 47.7x | 51.3x | 2.4x |
| Fri, 03 Feb 2023 | CN¥875.0b | CN¥420.1b | CN¥19.4b | 40.8x | 45.2x | 2.1x |
| Sun, 01 Jan 2023 | CN¥793.9b | CN¥420.1b | CN¥19.3b | 35.8x | 41x | 1.9x |
| Tue, 29 Nov 2022 | CN¥823.5b | CN¥420.0b | CN¥19.4b | 38.4x | 42.6x | 2x |
| Thu, 27 Oct 2022 | CN¥812.2b | CN¥416.5b | CN¥18.5b | 33.8x | 43.8x | 1.9x |
| Sat, 24 Sep 2022 | CN¥761.4b | CN¥407.7b | CN¥18.5b | 32.7x | 41.1x | 1.9x |
| Mon, 22 Aug 2022 | CN¥858.5b | CN¥398.1b | CN¥16.9b | 44.6x | 50.9x | 2.2x |
| Wed, 20 Jul 2022 | CN¥784.0b | CN¥396.6b | CN¥16.3b | 43.6x | 48x | 2x |
| Fri, 17 Jun 2022 | CN¥774.1b | CN¥394.1b | CN¥16.1b | 42.4x | 48x | 2x |
| Sun, 15 May 2022 | CN¥705.1b | CN¥391.5b | CN¥15.9b | 38.9x | 44.2x | 1.8x |
| Tue, 12 Apr 2022 | CN¥727.0b | CN¥378.2b | CN¥7.1b | 39.6x | 102.4x | 1.9x |
| Thu, 10 Mar 2022 | CN¥845.0b | CN¥382.2b | -CN¥118,626,576.00 | 43.6x | -7123.4x | 2.2x |
| Sat, 05 Feb 2022 | CN¥895.6b | CN¥377.1b | CN¥63.4m | 46.1x | 14130.6x | 2.4x |
| Mon, 03 Jan 2022 | CN¥996.8b | CN¥376.9b | -CN¥187,344,458.00 | 52.5x | -5320.8x | 2.6x |
| Wed, 01 Dec 2021 | CN¥977.4b | CN¥376.9b | -CN¥192,557,158.00 | 51.8x | -5075.6x | 2.6x |
Price to Earnings Ratio
-5075.6x
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 59.7x which is higher than its 3-year average PE of 19.9x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.9x.
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 4.9% 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 | -2.14% | |
| Tech | -3.19% | |
| Communications | -2.70% | |
| Communications Equipment | -2.70% | |
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 | |
|---|---|---|---|---|---|
| 002583 Hytera Communications | CN¥22.50 | 12.8% +CN¥4.7b | 257.1% | PS6.6x | |
| 688027 QuantumCTek | CN¥284.00 | 9.2% +CN¥1.9b | 112.4% | PS125x | |
| 600105 Jiangsu Etern | CN¥6.05 | 25.0% +CN¥1.7b | 4.0% | PE630.3x | |
| 002194 Wuhan Fingu Electronic Technology | CN¥15.02 | 19.2% +CN¥1.7b | 40.8% | PE248.7x | |
| 600562 Glarun TechnologyLtd | CN¥19.51 | 6.5% +CN¥1.5b | 36.3% | PE42.2x |
