These 4 Measures Indicate That ZTE (SZSE:000063) Is Using Debt Reasonably Well
Feb 11
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Chinese (SSE) Communications Equipment Industry Analysis
UpdatedFeb 11, 2025
DataAggregated Company Financials
Companies100
- 7D6.5%
- 3M-1.9%
- 1Y51.8%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has risen 4.9%, driven by gains from ZTE of 7.3%. During this same period, the Zhongji Innolight underperformed, falling 6.1%. This takes the industry's 12 month performance to a gain of 50%. Looking forward, earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Tue, 11 Feb 2025 | CN¥1.3t | CN¥434.5b | CN¥20.9b | 72.7x | 61.6x | 3x |
| Thu, 09 Jan 2025 | CN¥1.2t | CN¥434.5b | CN¥20.9b | 62.5x | 55.6x | 2.7x |
| Sat, 07 Dec 2024 | CN¥1.2t | CN¥434.5b | CN¥20.9b | 69.7x | 59.1x | 2.8x |
| Mon, 04 Nov 2024 | CN¥1.2t | CN¥434.2b | CN¥20.9b | 64.6x | 56.3x | 2.7x |
| Wed, 02 Oct 2024 | CN¥1.1t | CN¥428.5b | CN¥19.7b | 48.1x | 56.3x | 2.6x |
| Fri, 30 Aug 2024 | CN¥846.5b | CN¥427.8b | CN¥20.1b | 38.6x | 42.2x | 2x |
| Sun, 28 Jul 2024 | CN¥904.1b | CN¥426.1b | CN¥18.0b | 46.8x | 50.1x | 2.1x |
| Tue, 25 Jun 2024 | CN¥939.6b | CN¥426.1b | CN¥18.0b | 47.4x | 52.1x | 2.2x |
| Thu, 23 May 2024 | CN¥993.2b | CN¥425.8b | CN¥18.0b | 54x | 55x | 2.3x |
| Sat, 20 Apr 2024 | CN¥978.3b | CN¥425.1b | CN¥21.0b | 47.3x | 46.6x | 2.3x |
| Mon, 18 Mar 2024 | CN¥1.0t | CN¥426.4b | CN¥20.6b | 50.9x | 50.9x | 2.5x |
| Wed, 14 Feb 2024 | CN¥838.7b | CN¥420.7b | CN¥19.3b | 39.4x | 43.5x | 2x |
| Fri, 12 Jan 2024 | CN¥913.6b | CN¥420.8b | CN¥19.3b | 48.3x | 47.4x | 2.2x |
| Sun, 10 Dec 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 54.3x | 53.6x | 2.5x |
| Tue, 07 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 52.2x | 52.2x | 2.4x |
| Thu, 05 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 52x | 51.9x | 2.5x |
| Sat, 02 Sep 2023 | CN¥1.0t | CN¥429.7b | CN¥20.3b | 49.3x | 50.5x | 2.4x |
| Mon, 31 Jul 2023 | CN¥1.1t | CN¥432.2b | CN¥20.3b | 50.4x | 53.1x | 2.5x |
| Wed, 28 Jun 2023 | CN¥1.2t | CN¥432.1b | CN¥20.3b | 59x | 57.9x | 2.7x |
| Fri, 26 May 2023 | CN¥987.2b | CN¥431.9b | CN¥20.3b | 50x | 48.7x | 2.3x |
| Sun, 23 Apr 2023 | CN¥1.1t | CN¥433.3b | CN¥20.3b | 48.6x | 52.5x | 2.5x |
| Tue, 21 Mar 2023 | CN¥999.1b | CN¥421.0b | CN¥19.7b | 43.6x | 50.8x | 2.4x |
| Thu, 16 Feb 2023 | CN¥942.3b | CN¥420.3b | CN¥19.4b | 42.1x | 48.6x | 2.2x |
| Sat, 14 Jan 2023 | CN¥817.4b | CN¥420.1b | CN¥19.3b | 34.5x | 42.3x | 1.9x |
| Mon, 12 Dec 2022 | CN¥833.2b | CN¥420.1b | CN¥19.3b | 38.5x | 43.1x | 2x |
| Wed, 09 Nov 2022 | CN¥830.9b | CN¥420.1b | CN¥19.4b | 37.3x | 42.9x | 2x |
| Fri, 07 Oct 2022 | CN¥743.5b | CN¥413.3b | CN¥17.3b | 30.7x | 42.9x | 1.8x |
| Sun, 04 Sep 2022 | CN¥831.9b | CN¥362.9b | CN¥17.2b | 36.8x | 48.3x | 2.3x |
| Tue, 02 Aug 2022 | CN¥842.0b | CN¥396.8b | CN¥16.3b | 46.4x | 51.6x | 2.1x |
| Thu, 30 Jun 2022 | CN¥787.7b | CN¥394.1b | CN¥16.1b | 41.9x | 48.8x | 2x |
| Sat, 28 May 2022 | CN¥723.8b | CN¥391.9b | CN¥16.0b | 38.5x | 45.3x | 1.8x |
| Mon, 25 Apr 2022 | CN¥703.0b | CN¥382.3b | CN¥9.9b | 38.3x | 70.9x | 1.8x |
| Wed, 23 Mar 2022 | CN¥853.8b | CN¥384.6b | CN¥483.1m | 42.6x | 1767.3x | 2.2x |
| Fri, 18 Feb 2022 | CN¥908.9b | CN¥377.4b | CN¥151.2m | 45.9x | 6011.3x | 2.4x |
Price to Earnings Ratio
6011.3x
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 60.7x which is lower than its 3-year average PE of 215x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 417% per year over the last three years.
- Revenues for these companies have grown 4.8% 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 | 4.17% | |
| Tech | 9.28% | |
| Communications | 6.54% | |
| Communications Equipment | 6.54% | |
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¥41.63 | 4.1% +CN¥7.9b | 73.5% | PE21.2x | |
| 002881 MeiG Smart Technology | CN¥64.81 | 61.1% +CN¥6.4b | 233.4% | PE193.5x | |
| 300638 Fibocom Wireless | CN¥36.60 | 21.5% +CN¥5.0b | 145.3% | PE36.9x | |
| 002583 Hytera Communications | CN¥14.01 | 13.4% +CN¥3.0b | 218.4% | PS4.1x | |
| 600498 Fiberhome Telecommunication Technologies | CN¥21.39 | 13.2% +CN¥2.9b | 45.2% | PE44.4x |
