Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Jan 08
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Chinese (SSE) Communications Equipment Industry Analysis
UpdatedJan 12, 2025
DataAggregated Company Financials
Companies100
- 7D-0.5%
- 3M4.4%
- 1Y22.7%
- YTDn/a
Last week, the Communications Equipment industry hasn't moved much but ZTE is up 5.8% in that time. As for the the longer term, the industry is up 23% over the past 12 months. Looking forward, earnings are forecast to grow by 35% 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, 12 Jan 2025 | CN¥1.1t | CN¥434.5b | CN¥20.9b | 63.7x | 54.3x | 2.6x |
| Tue, 10 Dec 2024 | CN¥1.2t | CN¥434.5b | CN¥20.9b | 67.9x | 58.4x | 2.8x |
| Thu, 07 Nov 2024 | CN¥1.2t | CN¥434.1b | CN¥20.9b | 70.6x | 59.7x | 2.9x |
| Sat, 05 Oct 2024 | CN¥1.1t | CN¥428.5b | CN¥19.7b | 48.1x | 56.3x | 2.6x |
| Mon, 02 Sep 2024 | CN¥867.8b | CN¥428.0b | CN¥19.9b | 39.4x | 43.7x | 2x |
| Wed, 31 Jul 2024 | CN¥915.2b | CN¥426.1b | CN¥18.0b | 48x | 50.7x | 2.1x |
| Fri, 28 Jun 2024 | CN¥925.9b | CN¥426.1b | CN¥18.0b | 48.2x | 51.4x | 2.2x |
| Sun, 26 May 2024 | CN¥957.1b | CN¥425.9b | CN¥18.1b | 53.5x | 52.9x | 2.2x |
| Tue, 23 Apr 2024 | CN¥964.8b | CN¥424.6b | CN¥20.8b | 45.6x | 46.4x | 2.3x |
| Thu, 21 Mar 2024 | CN¥1.1t | CN¥426.2b | CN¥20.5b | 54x | 52.1x | 2.5x |
| Sat, 17 Feb 2024 | CN¥838.6b | CN¥420.8b | CN¥19.3b | 39.4x | 43.5x | 2x |
| Mon, 15 Jan 2024 | CN¥917.9b | CN¥420.8b | CN¥19.3b | 47.2x | 47.6x | 2.2x |
| Wed, 13 Dec 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 53.8x | 54.1x | 2.5x |
| Fri, 10 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 53.1x | 53.2x | 2.4x |
| Sun, 08 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 52x | 51.8x | 2.5x |
| Tue, 05 Sep 2023 | CN¥1.0t | CN¥429.7b | CN¥20.5b | 50.8x | 50.6x | 2.4x |
| Thu, 03 Aug 2023 | CN¥1.1t | CN¥432.2b | CN¥20.3b | 50.9x | 54x | 2.5x |
| Sat, 01 Jul 2023 | CN¥1.2t | CN¥432.1b | CN¥20.3b | 61.4x | 58.9x | 2.8x |
| Mon, 29 May 2023 | CN¥1.0t | CN¥431.8b | CN¥20.3b | 51.8x | 50.2x | 2.4x |
| Wed, 26 Apr 2023 | CN¥1.0t | CN¥434.5b | CN¥19.9b | 47.5x | 52.7x | 2.4x |
| Fri, 24 Mar 2023 | CN¥1.1t | CN¥420.8b | CN¥19.6b | 48.8x | 54.5x | 2.5x |
| Sun, 19 Feb 2023 | CN¥896.2b | CN¥420.3b | CN¥19.4b | 41.2x | 46.2x | 2.1x |
| Tue, 17 Jan 2023 | CN¥827.2b | CN¥420.1b | CN¥19.3b | 35.7x | 42.8x | 2x |
| Thu, 15 Dec 2022 | CN¥824.7b | CN¥420.1b | CN¥19.3b | 38.1x | 42.6x | 2x |
| Sat, 12 Nov 2022 | CN¥819.0b | CN¥420.0b | CN¥19.4b | 36.7x | 42.3x | 1.9x |
| Mon, 10 Oct 2022 | CN¥743.5b | CN¥413.3b | CN¥17.3b | 30.7x | 42.9x | 1.8x |
| Wed, 07 Sep 2022 | CN¥841.1b | CN¥363.0b | CN¥17.3b | 37.3x | 48.8x | 2.3x |
| Fri, 05 Aug 2022 | CN¥835.2b | CN¥396.7b | CN¥16.3b | 49.5x | 51.3x | 2.1x |
| Sun, 03 Jul 2022 | CN¥782.4b | CN¥394.1b | CN¥16.1b | 41.2x | 48.5x | 2x |
| Tue, 31 May 2022 | CN¥734.4b | CN¥391.9b | CN¥16.0b | 38.8x | 46x | 1.9x |
| Thu, 28 Apr 2022 | CN¥662.7b | CN¥390.3b | CN¥10.4b | 35.8x | 64x | 1.7x |
| Sat, 26 Mar 2022 | CN¥796.8b | CN¥379.5b | -CN¥1,044,013,357.00 | 42.6x | -763.2x | 2.1x |
| Mon, 21 Feb 2022 | CN¥919.4b | CN¥377.4b | CN¥151.3m | 46x | 6077.1x | 2.4x |
| Wed, 19 Jan 2022 | CN¥1.0t | CN¥376.9b | -CN¥187,355,486.00 | 52.2x | -5360.9x | 2.7x |
Price to Earnings Ratio
-5360.9x
Current Industry PE
- Investors are pessimistic on the Chinese Communications Equipment 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 54.3x which is lower than its 3-year average PE of 254x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.6x.
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 | -1.12% | |
| Tech | 0.22% | |
| Communications | -0.46% | |
| Communications Equipment | -0.46% | |
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 | |
|---|---|---|---|---|---|
| 000063 ZTE | CN¥37.71 | 5.8% +CN¥9.9b | 60.1% | PE19.2x | |
| 300570 T&S CommunicationsLtd | CN¥89.67 | 16.8% +CN¥2.9b | 162.3% | PE101.7x | |
| 301600 Flaircomm Microelectronics | CN¥213.00 | 16.7% +CN¥2.1b | n/a | PE88.3x | |
| 600498 Fiberhome Telecommunication Technologies | CN¥18.18 | 5.4% +CN¥1.1b | 22.4% | PE37.7x | |
| 300394 Suzhou TFC Optical Communication | CN¥88.50 | 1.6% +CN¥775.5m | 49.4% | PE38.7x |
