Chinese (SSE) Communications Industry Analysis

UpdatedAug 24, 2024

DataAggregated Company Financials

Companies98

7D-2.7%
3M-9.3%
1Y-10.0%
YTD-12.3%

Over the last 7 days, the Communications industry has dropped 2.0%, driven by a pullback from ZTE of 6.4%. In contrast, Skyworth Digital has gained 9.3%. However, the industry is down 15% over the past year. Earnings are forecast to grow by 33% annually.

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
Sat, 24 Aug 2024	CN¥868.5b	CN¥425.6b	CN¥19.4b	40.8x	44.8x	2x
Mon, 22 Jul 2024	CN¥922.5b	CN¥426.1b	CN¥18.0b	48.5x	51.2x	2.2x
Wed, 19 Jun 2024	CN¥1.0t	CN¥426.1b	CN¥18.0b	52.7x	55.5x	2.3x
Fri, 17 May 2024	CN¥987.5b	CN¥425.8b	CN¥18.1b	53.9x	54.4x	2.3x
Sun, 14 Apr 2024	CN¥981.2b	CN¥425.4b	CN¥20.2b	48.2x	48.5x	2.3x
Tue, 12 Mar 2024	CN¥1.0t	CN¥426.0b	CN¥20.4b	51.5x	50.4x	2.4x
Thu, 08 Feb 2024	CN¥801.5b	CN¥420.8b	CN¥19.3b	35x	41.5x	1.9x
Sat, 06 Jan 2024	CN¥945.7b	CN¥420.8b	CN¥19.3b	48.7x	49.1x	2.2x
Mon, 04 Dec 2023	CN¥1.0t	CN¥421.0b	CN¥19.3b	53.1x	53.6x	2.5x
Wed, 01 Nov 2023	CN¥982.2b	CN¥423.3b	CN¥19.7b	48.4x	49.8x	2.3x
Fri, 29 Sep 2023	CN¥1.1t	CN¥429.2b	CN¥20.4b	52x	51.9x	2.5x
Sun, 27 Aug 2023	CN¥969.2b	CN¥432.4b	CN¥20.9b	49.1x	46.4x	2.2x
Tue, 25 Jul 2023	CN¥1.1t	CN¥432.2b	CN¥20.4b	52.4x	54.2x	2.6x
Thu, 22 Jun 2023	CN¥1.2t	CN¥432.1b	CN¥20.3b	61.1x	59.4x	2.8x
Sat, 20 May 2023	CN¥1.0t	CN¥432.0b	CN¥20.3b	51x	49.8x	2.3x
Mon, 17 Apr 2023	CN¥1.1t	CN¥420.8b	CN¥19.9b	52.4x	53.5x	2.5x
Wed, 15 Mar 2023	CN¥994.6b	CN¥420.5b	CN¥19.8b	45.2x	50.2x	2.4x
Fri, 10 Feb 2023	CN¥912.2b	CN¥420.3b	CN¥19.4b	41.5x	47x	2.2x
Sun, 08 Jan 2023	CN¥821.6b	CN¥420.1b	CN¥19.3b	36.8x	42.5x	2x
Tue, 06 Dec 2022	CN¥860.8b	CN¥420.0b	CN¥19.4b	40x	44.5x	2x
Thu, 03 Nov 2022	CN¥823.0b	CN¥420.1b	CN¥19.2b	38.2x	43x	2x
Sat, 01 Oct 2022	CN¥743.1b	CN¥413.3b	CN¥17.3b	30.7x	42.8x	1.8x
Mon, 29 Aug 2022	CN¥815.5b	CN¥404.2b	CN¥17.6b	39.8x	46.4x	2x
Wed, 27 Jul 2022	CN¥824.6b	CN¥396.4b	CN¥16.3b	43.4x	50.5x	2.1x
Fri, 24 Jun 2022	CN¥773.4b	CN¥394.1b	CN¥16.1b	43x	47.9x	2x
Sun, 22 May 2022	CN¥718.6b	CN¥391.5b	CN¥15.9b	39.2x	45.1x	1.8x
Tue, 19 Apr 2022	CN¥737.8b	CN¥382.7b	CN¥8.8b	39.1x	83.7x	1.9x
Thu, 17 Mar 2022	CN¥825.9b	CN¥383.7b	CN¥406.5m	41.5x	2031.6x	2.2x
Sat, 12 Feb 2022	CN¥900.6b	CN¥377.2b	CN¥97.0m	45.5x	9284.1x	2.4x
Mon, 10 Jan 2022	CN¥978.9b	CN¥376.9b	-CN¥187,556,323.00	50.5x	-5219x	2.6x
Wed, 08 Dec 2021	CN¥964.7b	CN¥376.9b	-CN¥192,496,528.00	50.6x	-5011.6x	2.6x
Fri, 05 Nov 2021	CN¥917.4b	CN¥376.5b	-CN¥226,751,391.00	50.3x	-4045.8x	2.4x
Sun, 03 Oct 2021	CN¥918.0b	CN¥368.8b	-CN¥292,062,928.00	49x	-3143x	2.5x
Tue, 31 Aug 2021	CN¥964.1b	CN¥368.4b	-CN¥350,707,637.87	48.3x	-2748.9x	2.6x

Price to Earnings Ratio

-2748.9x

Tue, 31 Aug 2021

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 45.5x which is higher than its 3-year average PE of -220x.

The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.

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 4.9% 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	-2.33%
Tech	-2.99%
Communications	-2.73%
Communications Equipment	-2.73%

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
000810 Skyworth Digital	CN¥11.01	9.3% +CN¥1.1b	-14.3%	PE21.3x
603118 Shenzhen Gongjin Electronics	CN¥7.04	17.5% +CN¥826.6m	-32.3%	PS0.7x
300050 Dingli	CN¥6.38	30.7% +CN¥817.3m	65.3%	PS9.5x
688387 CICT Mobile Communication Technology	CN¥5.13	4.1% +CN¥683.8m	-21.0%	PS2.4x
000561 Shaanxi Fenghuo Electronics	CN¥7.04	12.3% +CN¥465.3m	-17.9%	PE340x

Latest News

603118

CN¥7.04

Shenzhen Gongjin Electronics

17.5%

-32.3%

Shenzhen Gongjin Electronics Co., Ltd. (SHSE:603118) Shares Fly 26% But Investors Aren't Buying For Growth

Aug 23

300394

CN¥82.44

Suzhou TFC Optical Communication

-8.6%

43.3%

002396

CN¥13.52

Fujian Star-net Communication

3.2%

-24.5%

688387

CN¥5.13

CICT Mobile Communication Technology

4.1%

-21.0%

CICT Mobile Communication Technology (SHSE:688387) Has Debt But No Earnings; Should You Worry?

Aug 21

000063

CN¥24.38

ZTE

-6.4%

-27.7%

300322

CN¥9.34

Huizhou Speed Wireless TechnologyLtd

-16.2%

35.0%

Huizhou Speed Wireless Technology Co.,Ltd.'s (SZSE:300322) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Aug 16

300211

CN¥5.15

Jiangsu Yitong High-Tech

-26.4%

-38.1%

000810

CN¥11.01

Skyworth Digital

9.3%

-14.3%

000547

CN¥6.31

Addsino

-7.6%

-22.7%

Addsino Co., Ltd. (SZSE:000547) Stock Rockets 39% As Investors Are Less Pessimistic Than Expected

Aug 07

600562

CN¥12.47

Glarun TechnologyLtd

-4.2%

-15.4%

Returns On Capital Are Showing Encouraging Signs At Glarun TechnologyLtd (SHSE:600562)

Aug 07

000561

CN¥7.04

Shaanxi Fenghuo Electronics

12.3%

-17.9%

Little Excitement Around Shaanxi Fenghuo Electronics Co., Ltd.'s (SZSE:000561) Revenues

Aug 01

002465

CN¥8.98

Guangzhou Haige Communications Group

-3.5%

-8.5%

Guangzhou Haige Communications Group's (SZSE:002465) Returns Have Hit A Wall

Aug 01

002052

CN¥1.86

Shenzhen Coship Electronics

24.8%

-0.5%

600487

CN¥12.84

Hengtong Optic-Electric

-6.2%

-6.9%

Hengtong Optic-Electric Co., Ltd.'s (SHSE:600487) Earnings Are Not Doing Enough For Some Investors

Jul 29

300628

CN¥33.00

Yealink Network Technology

0.9%

-7.3%

Capital Investments At Yealink Network Technology (SZSE:300628) Point To A Promising Future

Jul 05

300050

CN¥6.38

Dingli

30.7%

65.3%