Chinese (SSE) Electronic Equipment and Components Industry Analysis
- 7D0.8%
- 3M5.2%
- 1Y1.7%
- YTD1.1%
Over the last 7 days, the Electronic Equipment and Components industry has remained flat, although notably Wingtech TechnologyLtd gained 12%. Furthermore, the industry has been flat for the past year as well.
Industry Valuation and Performance
Has the Chinese Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 05 Dec 2021 | CN¥5.3t | CN¥2.5t | CN¥136.6b | 43.6x |
| Tue, 02 Nov 2021 | CN¥4.9t | CN¥2.5t | CN¥135.7b | 36.7x |
| Thu, 30 Sep 2021 | CN¥4.7t | CN¥2.5t | CN¥129.3b | 36.2x |
| Sat, 28 Aug 2021 | CN¥5.1t | CN¥2.5t | CN¥129.4b | 40.3x |
| Sun, 04 Jul 2021 | CN¥5.1t | CN¥2.5t | CN¥128.3b | 38.8x |
| Wed, 07 Apr 2021 | CN¥4.5t | CN¥2.4t | CN¥116.6b | 36.2x |
| Sat, 09 Jan 2021 | CN¥4.8t | CN¥2.3t | CN¥96.1b | 42.5x |
| Fri, 02 Oct 2020 | CN¥4.5t | CN¥2.2t | CN¥94.3b | 48.5x |
| Mon, 06 Jul 2020 | CN¥4.1t | CN¥2.1t | CN¥85.3b | 49.1x |
| Thu, 09 Apr 2020 | CN¥3.2t | CN¥2.1t | CN¥79.0b | 43.3x |
| Wed, 01 Jan 2020 | CN¥3.5t | CN¥2.0t | CN¥81.1b | 44.5x |
| Sat, 05 Oct 2019 | CN¥3.1t | CN¥1.9t | CN¥68.3b | 41.2x |
| Tue, 09 Jul 2019 | CN¥2.5t | CN¥1.9t | CN¥63.2b | 38.5x |
| Mon, 01 Apr 2019 | CN¥2.8t | CN¥1.8t | CN¥59.1b | 41x |
| Thu, 03 Jan 2019 | CN¥2.0t | CN¥1.8t | CN¥60.7b | 32.6x |
32.6x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 42.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Electronic industry have grown 31% per year over the last three years, and revenues for these companies have grown 12% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Electronic Equipment and Components industry?
| Electronic Manufacturing Services | 2.92% | |
| Electronic Equipment and Instruments | 0.57% | |
| Electronic Components | 0.52% | |
| Technology Distributors | -0.78% | |
Industry PE: Investors are most optimistic about the Electronic Manufacturing Services industry which is trading above its 3-year average PE ratio of 41.2x. This is likely because analysts are expecting annual earnings growth of 28%, which is higher than its past year's earnings growth of 7.5% per year. Meanwhile, investors are most pessimistic about the Electronic Components industry, which is trading close to its 3-year average of 40.8x.
Forecasted Growth: Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 28% over the next 5 years. This is better than it's past earnings growth rate of 7.5% per year. Meanwhile, the Technology Distributors industry is expected to see its earnings grow by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 600745 Wingtech TechnologyLtd | 11.8%+CN¥17.5b | 20.6% | PE75.6x | |
| 2179 AVIC Jonhon Optronic TechnologyLtd | 6.9%+CN¥7.3b | 68.3% | PE57.9x | |
| 2415 Hangzhou Hikvision Digital Technology | 1.3%+CN¥5.6b | 5.5% | PE28.4x | |
| 2600 Lingyi iTech (Guangdong) | 10.2%+CN¥5.1b | -45.7% | PE26.2x | |
| 2389 Aerospace CH UAVLtd | 18.6%+CN¥4.3b | 0% | PE102.6x |