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Chinese (SSE) Electronic Equipment and Components Industry Analysis

UpdatedMar 03, 2024
DataAggregated Company Financials
Companies394
  • 7D6.4%
  • 3M-7.5%
  • 1Y-8.4%
  • YTD-5.1%

In the last week, the Electronic Equipment and Components industry is up 6.4%, with Foxconn Industrial Internet up 10%. During this same period, the Guangdong Kingshine Electronic TechnologyLtd underperformed, falling 12%. However, the industry is down 8.4% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Chinese Electronic Equipment and Components Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Mar 2024CN¥4.4tCN¥2.7tCN¥101.7b38.1x42.8x1.6x
Tue, 30 Jan 2024CN¥3.9tCN¥2.7tCN¥99.1b37.7x39x1.4x
Thu, 28 Dec 2023CN¥4.4tCN¥2.7tCN¥99.1b45.5x44.7x1.6x
Sat, 25 Nov 2023CN¥4.7tCN¥2.7tCN¥98.9b46.2x47.1x1.7x
Mon, 23 Oct 2023CN¥4.4tCN¥2.7tCN¥99.0b41.1x44.1x1.6x
Wed, 20 Sep 2023CN¥4.5tCN¥2.7tCN¥97.0b41.4x46.2x1.6x
Fri, 18 Aug 2023CN¥4.6tCN¥2.5tCN¥101.8b41.4x44.9x1.8x
Sun, 16 Jul 2023CN¥5.0tCN¥2.6tCN¥102.1b47.6x49.4x2x
Tue, 13 Jun 2023CN¥4.7tCN¥2.6tCN¥101.8b45.3x46.1x1.8x
Thu, 11 May 2023CN¥4.4tCN¥2.6tCN¥103.2b39.2x42.7x1.7x
Sat, 08 Apr 2023CN¥5.0tCN¥2.6tCN¥120.9b39.5x41.3x1.9x
Mon, 06 Mar 2023CN¥4.5tCN¥2.5tCN¥124.3b38.7x36x1.8x
Wed, 01 Feb 2023CN¥4.3tCN¥2.6tCN¥123.3b37.7x34.8x1.7x
Fri, 30 Dec 2022CN¥3.9tCN¥2.6tCN¥123.8b32.4x31.6x1.5x
Sun, 27 Nov 2022CN¥4.0tCN¥2.6tCN¥124.8b35.3x32.2x1.6x
Tue, 25 Oct 2022CN¥3.9tCN¥2.5tCN¥138.5b33.1x28x1.6x
Thu, 22 Sep 2022CN¥3.9tCN¥2.5tCN¥137.3b32.6x28.4x1.6x
Sat, 20 Aug 2022CN¥4.5tCN¥2.5tCN¥145.8b39.7x30.8x1.8x
Mon, 18 Jul 2022CN¥4.0tCN¥2.4tCN¥145.1b34.5x27.8x1.7x
Wed, 15 Jun 2022CN¥4.0tCN¥2.4tCN¥145.9b33.1x27.2x1.6x
Fri, 13 May 2022CN¥3.7tCN¥2.4tCN¥146.1b30.1x25.4x1.5x
Sun, 10 Apr 2022CN¥4.0tCN¥2.6tCN¥139.1b32.1x28.6x1.5x
Tue, 08 Mar 2022CN¥4.4tCN¥2.5tCN¥132.4b38.2x33.5x1.8x
Thu, 03 Feb 2022CN¥4.8tCN¥2.5tCN¥136.2b39.7x35.6x1.9x
Sat, 01 Jan 2022CN¥5.5tCN¥2.5tCN¥135.8b43.5x40.4x2.2x
Mon, 29 Nov 2021CN¥5.3tCN¥2.5tCN¥136.6b41.5x38.5x2.1x
Wed, 27 Oct 2021CN¥4.8tCN¥2.6tCN¥130.2b36.9x36.7x1.9x
Fri, 24 Sep 2021CN¥4.9tCN¥2.5tCN¥129.5b38.8x37.6x1.9x
Sun, 22 Aug 2021CN¥5.0tCN¥2.5tCN¥129.1b39.5x39.1x2x
Fri, 09 Jul 2021CN¥5.1tCN¥2.5tCN¥128.3b38.8x40.1x2x
Thu, 01 Apr 2021CN¥4.5tCN¥2.4tCN¥116.6b36.2x38.6x1.8x
Price to Earnings Ratio

48.2x


Total Market Cap: CN¥4.7tTotal Earnings: CN¥97.5bTotal Revenue: CN¥2.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Electronic Equipment and Components Industry Price to Earnings3Y Average 37.7x202220232024
Current Industry PE
  • Investors are optimistic on the Chinese Electronic industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.8x which is higher than its 3-year average PE of 37.7x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Electronic industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

CN Market2.43%
Tech6.81%
Electronic Equipment and Components6.38%
Technology Distributors14.71%
Electronic Manufacturing Services9.60%
Electronic Components5.88%
Electronic Equipment and Instruments5.19%
Industry PE
  • Investors are most optimistic about the Electronic Components industry which is trading above its 3-year average PE ratio of 41.2x.
    • Analysts are expecting annual earnings growth of 38.3%, which is higher than its past year's earnings decline of 15.9% per year.
  • Investors are most pessimistic about the Electronic Manufacturing Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 20.1x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Components industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 22% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
601138 Foxconn Industrial InternetCN¥20.0210.2%
+CN¥36.7b
76.1%PE18.3x
938 UnisplendourCN¥24.3133.0%
+CN¥17.2b
-5.9%PE33.8x
2415 Hangzhou Hikvision Digital TechnologyCN¥35.683.2%
+CN¥10.2b
-9.4%PE23.7x
2475 Luxshare Precision IndustryCN¥28.344.3%
+CN¥8.4b
-6.3%PE20x
100 TCL Technology GroupCN¥4.839.3%
+CN¥7.5b
19.1%PE55.6x
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300782

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11.8%

1Y

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688025

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301568

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Xiamen Sinic-Tek Intelligent Technology

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-4.4%

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n/a

2729

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Hollyland (China) Electronics Technology

7D

-9.9%

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-55.0%

600745

CN¥40.92

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7D

12.4%

1Y

-24.9%

2415

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7D

3.2%

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-9.4%