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Chinese (SSE) Communications Industry Analysis

UpdatedJun 25, 2024
DataAggregated Company Financials
Companies100
  • 7D-3.9%
  • 3M-6.2%
  • 1Y-19.1%
  • YTD-5.2%

Over the last 7 days, the Communications industry has dropped 3.9%, driven by a pullback from Zhongji Innolight of 8.2%. In contrast, Guangdong AVCiT Technology Holding has gained 5.1%. However, the industry is down 19% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Jun 2024CN¥939.6bCN¥426.1bCN¥18.0b47.4x52.1x2.2x
Fri, 24 May 2024CN¥978.0bCN¥425.9bCN¥18.1b54.9x54x2.3x
Sun, 21 Apr 2024CN¥964.7bCN¥424.5bCN¥20.8b45.6x46.4x2.3x
Tue, 19 Mar 2024CN¥1.1tCN¥426.4bCN¥20.6b54.2x51.9x2.5x
Thu, 15 Feb 2024CN¥838.7bCN¥420.7bCN¥19.3b39.4x43.5x2x
Sat, 13 Jan 2024CN¥917.9bCN¥420.8bCN¥19.3b47.2x47.6x2.2x
Mon, 11 Dec 2023CN¥1.0tCN¥421.0bCN¥19.3b54.3x53.6x2.5x
Wed, 08 Nov 2023CN¥1.0tCN¥421.0bCN¥19.3b53.4x53.4x2.4x
Fri, 06 Oct 2023CN¥1.1tCN¥429.2bCN¥20.4b52x51.9x2.5x
Sun, 03 Sep 2023CN¥1.0tCN¥429.7bCN¥20.5b49.3x49.9x2.4x
Tue, 01 Aug 2023CN¥1.1tCN¥432.2bCN¥20.3b50.5x53.2x2.5x
Thu, 29 Jun 2023CN¥1.2tCN¥432.1bCN¥20.3b57x57.9x2.7x
Sat, 27 May 2023CN¥1.0tCN¥431.9bCN¥20.3b51.8x50.2x2.4x
Mon, 24 Apr 2023CN¥1.1tCN¥433.6bCN¥19.9b48.6x53.5x2.5x
Wed, 22 Mar 2023CN¥1.0tCN¥420.8bCN¥19.6b44.6x51.3x2.4x
Fri, 17 Feb 2023CN¥923.3bCN¥420.3bCN¥19.4b41.1x47.6x2.2x
Sun, 15 Jan 2023CN¥817.3bCN¥420.1bCN¥19.3b34.5x42.3x1.9x
Tue, 13 Dec 2022CN¥837.6bCN¥420.1bCN¥19.3b38.7x43.3x2x
Thu, 10 Nov 2022CN¥813.5bCN¥420.0bCN¥19.4b36.6x42x1.9x
Sat, 08 Oct 2022CN¥743.5bCN¥413.3bCN¥17.3b30.7x42.9x1.8x
Mon, 05 Sep 2022CN¥831.9bCN¥362.9bCN¥17.3b36.9x48.2x2.3x
Wed, 03 Aug 2022CN¥823.1bCN¥396.8bCN¥16.3b45.5x50.5x2.1x
Fri, 01 Jul 2022CN¥791.9bCN¥394.1bCN¥16.1b41.8x49.1x2x
Sun, 29 May 2022CN¥723.7bCN¥391.9bCN¥16.0b38.5x45.3x1.8x
Tue, 26 Apr 2022CN¥655.3bCN¥382.3bCN¥9.9b35.5x66x1.7x
Thu, 24 Mar 2022CN¥882.9bCN¥384.5bCN¥483.0m43.8x1827.8x2.3x
Sat, 19 Feb 2022CN¥919.4bCN¥377.4bCN¥151.2m46x6082.1x2.4x
Mon, 17 Jan 2022CN¥965.0bCN¥376.9b-CN¥187,435,253.0049.6x-5148.6x2.6x
Wed, 15 Dec 2021CN¥985.3bCN¥376.9b-CN¥187,409,464.0051.4x-5257.2x2.6x
Fri, 12 Nov 2021CN¥953.7bCN¥376.5b-CN¥226,576,201.0050.9x-4209.1x2.5x
Sun, 10 Oct 2021CN¥909.7bCN¥368.2b-CN¥449,507,301.0048.7x-2023.8x2.5x
Tue, 07 Sep 2021CN¥970.0bCN¥368.5b-CN¥328,629,461.8752.1x-2951.5x2.6x
Thu, 05 Aug 2021CN¥1.0tCN¥368.1b-CN¥471,857,296.8754.8x-2136.4x2.7x
Price to Earnings Ratio

-1922.3x


Total Market Cap: CN¥907.0bTotal Earnings: -CN¥471,857,296.87Total Revenue: CN¥368.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Communications Industry Price to Earnings3Y Average -324.1x202220232024
Current Industry PE
  • Investors are optimistic on the Chinese Communications industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 52.1x 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
  • Total earnings for the Communications 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 Trends

Which industries have driven the changes within the Chinese Tech industry?

CN Market-3.61%
Tech-4.07%
Communications-3.86%
Communications Equipment-3.86%
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
1229 Guangdong AVCiT Technology HoldingCN¥27.615.1%
+CN¥134.0m		-17.0%PE32.4x
600487 Hengtong Optic-ElectricCN¥15.180.1%
+CN¥48.5m		3.8%PE16.2x
603703 Zhejiang Shengyang Science and TechnologyLtdCN¥9.671.2%
+CN¥44.8m		-15.0%PE2012.5x
200468 Nanjing Putian TelecommunicationsHK$1.688.4%
+HK$28.0m		-44.4%PS0.4x
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