Hengtong Optic-Electric Co., Ltd.'s (SHSE:600487) Earnings Are Not Doing Enough For Some Investors
Jul 29
Chinese (SSE) Communications Industry Analysis
UpdatedJul 31, 2024
DataAggregated Company Financials
Companies100
- 7D1.1%
- 3M-10.9%
- 1Y-17.0%
- YTD-7.7%
Over the last 7 days, the Communications industry has risen 1.1%, driven by gains from Suzhou TFC Optical Communication of 6.8%. During this same period, the Fibocom Wireless underperformed, falling 18%. However, the industry is down 17% over the past year. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Chinese Communications Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Aug 2024 | CN¥915.2b | CN¥426.1b | CN¥18.0b | 48x | 50.7x | 2.1x |
| Sat, 29 Jun 2024 | CN¥948.0b | CN¥426.1b | CN¥18.0b | 49x | 52.6x | 2.2x |
| Mon, 27 May 2024 | CN¥957.1b | CN¥425.9b | CN¥18.1b | 53.5x | 52.9x | 2.2x |
| Wed, 24 Apr 2024 | CN¥962.9b | CN¥427.8b | CN¥21.6b | 43.5x | 44.5x | 2.3x |
| Fri, 22 Mar 2024 | CN¥1.1t | CN¥426.2b | CN¥20.5b | 53.1x | 51.8x | 2.5x |
| Sun, 18 Feb 2024 | CN¥839.1b | CN¥420.7b | CN¥19.3b | 39.4x | 43.5x | 2x |
| Tue, 16 Jan 2024 | CN¥915.2b | CN¥420.8b | CN¥19.3b | 46.9x | 47.5x | 2.2x |
| Thu, 14 Dec 2023 | CN¥1.0t | CN¥420.8b | CN¥19.3b | 53.5x | 53.4x | 2.4x |
| Sat, 11 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 52.8x | 53x | 2.4x |
| Mon, 09 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 52x | 51.8x | 2.5x |
| Wed, 06 Sep 2023 | CN¥1.0t | CN¥429.7b | CN¥20.5b | 51.3x | 50.2x | 2.4x |
| Fri, 04 Aug 2023 | CN¥1.1t | CN¥432.2b | CN¥20.3b | 50.7x | 53.4x | 2.5x |
| Sun, 02 Jul 2023 | CN¥1.2t | CN¥432.1b | CN¥20.3b | 61.4x | 58.9x | 2.8x |
| Tue, 30 May 2023 | CN¥1.0t | CN¥431.8b | CN¥20.3b | 53.4x | 51.2x | 2.4x |
| Thu, 27 Apr 2023 | CN¥1.0t | CN¥436.4b | CN¥19.9b | 47.9x | 51.2x | 2.3x |
| Sat, 25 Mar 2023 | CN¥1.1t | CN¥420.9b | CN¥19.7b | 49.5x | 54.1x | 2.5x |
| Mon, 20 Feb 2023 | CN¥896.2b | CN¥420.3b | CN¥19.4b | 41.2x | 46.2x | 2.1x |
| Wed, 18 Jan 2023 | CN¥828.9b | CN¥420.1b | CN¥19.3b | 36.9x | 42.8x | 2x |
| Fri, 16 Dec 2022 | CN¥830.1b | CN¥420.1b | CN¥19.3b | 38.8x | 42.9x | 2x |
| Sun, 13 Nov 2022 | CN¥818.9b | CN¥420.1b | CN¥19.4b | 36.7x | 42.3x | 1.9x |
| Tue, 11 Oct 2022 | CN¥730.2b | CN¥413.3b | CN¥17.3b | 30.6x | 42.1x | 1.8x |
| Thu, 08 Sep 2022 | CN¥841.1b | CN¥363.0b | CN¥17.3b | 37.3x | 48.8x | 2.3x |
| Sat, 06 Aug 2022 | CN¥857.7b | CN¥396.9b | CN¥16.3b | 50.1x | 52.7x | 2.2x |
| Mon, 04 Jul 2022 | CN¥782.4b | CN¥394.1b | CN¥16.1b | 41.2x | 48.5x | 2x |
| Wed, 01 Jun 2022 | CN¥744.8b | CN¥391.9b | CN¥16.0b | 39.5x | 46.6x | 1.9x |
| Fri, 29 Apr 2022 | CN¥656.4b | CN¥391.4b | CN¥9.0b | 35x | 73.3x | 1.7x |
| Sun, 27 Mar 2022 | CN¥796.8b | CN¥379.5b | -CN¥1,043,957,915.00 | 42.6x | -763.2x | 2.1x |
| Tue, 22 Feb 2022 | CN¥941.2b | CN¥377.5b | CN¥178.4m | 46.6x | 5276x | 2.5x |
| Thu, 20 Jan 2022 | CN¥998.4b | CN¥376.9b | -CN¥187,390,190.00 | 51.9x | -5328.1x | 2.6x |
| Sat, 18 Dec 2021 | CN¥977.8b | CN¥376.9b | -CN¥187,440,892.00 | 51.1x | -5216.4x | 2.6x |
| Mon, 15 Nov 2021 | CN¥969.6b | CN¥376.5b | -CN¥226,467,945.00 | 52.6x | -4281.6x | 2.6x |
| Wed, 13 Oct 2021 | CN¥893.2b | CN¥368.2b | -CN¥449,617,796.00 | 47.9x | -1986.5x | 2.4x |
| Fri, 10 Sep 2021 | CN¥968.8b | CN¥368.5b | -CN¥328,629,461.87 | 52.5x | -2948x | 2.6x |
| Sun, 08 Aug 2021 | CN¥1.0t | CN¥368.1b | -CN¥471,857,296.87 | 54x | -2131.6x | 2.7x |
Price to Earnings Ratio
-2131.6x
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 50.7x which is higher than its 3-year average PE of -264x.
- 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 | -0.81% | |
| Tech | -1.21% | |
| Communications | 1.14% | |
| Communications Equipment | 1.14% | |
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 | |
|---|---|---|---|---|---|
| 300394 Suzhou TFC Optical Communication | CN¥100.03 | 6.8% +CN¥3.5b | 42.4% | PE60.4x | |
| 000063 ZTE | CN¥27.42 | 1.8% +CN¥2.3b | -31.3% | PE13.9x | |
| 002465 Guangzhou Haige Communications Group | CN¥9.98 | 7.8% +CN¥1.8b | -3.9% | PE35.2x | |
| 002544 Cetc Potevio Science&TechnologyLtd | CN¥19.19 | 14.0% +CN¥1.6b | -17.1% | PE437x | |
| 600562 Glarun TechnologyLtd | CN¥13.74 | 9.3% +CN¥1.5b | -13.4% | PE28.3x |
