Raytron Technology Co.,Ltd. (SHSE:688002) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Mar 07
Have your own idea? Try our Stock Screener
Chinese (SSE) Electronic Equipment and Instruments Industry Analysis
UpdatedMar 11, 2025
DataAggregated Company Financials
Companies185
- 7D6.4%
- 3M5.2%
- 1Y15.5%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has risen 6.7%, driven by gains from Hangzhou Hikvision Digital Technology of 10%. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 37% annually.
Industry Valuation and Performance
Has the Chinese Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Mar 2025 | CN¥1.8t | CN¥603.6b | CN¥36.3b | 49.2x | 50.2x | 3x |
| Thu, 06 Feb 2025 | CN¥1.6t | CN¥604.3b | CN¥37.1b | 45x | 43.9x | 2.7x |
| Sat, 04 Jan 2025 | CN¥1.5t | CN¥604.3b | CN¥37.1b | 39.3x | 41.2x | 2.5x |
| Mon, 02 Dec 2024 | CN¥1.6t | CN¥604.3b | CN¥37.1b | 44.6x | 44.2x | 2.7x |
| Wed, 30 Oct 2024 | CN¥1.6t | CN¥608.3b | CN¥38.3b | 43.3x | 41.6x | 2.6x |
| Fri, 27 Sep 2024 | CN¥1.3t | CN¥605.9b | CN¥39.1b | 35x | 33.5x | 2.2x |
| Sun, 25 Aug 2024 | CN¥1.2t | CN¥609.8b | CN¥40.5b | 33x | 30.4x | 2x |
| Tue, 23 Jul 2024 | CN¥1.3t | CN¥605.7b | CN¥41.0b | 35.6x | 32.5x | 2.2x |
| Thu, 20 Jun 2024 | CN¥1.4t | CN¥606.0b | CN¥40.9b | 41.2x | 35.4x | 2.4x |
| Sat, 18 May 2024 | CN¥1.5t | CN¥602.6b | CN¥41.1b | 40.4x | 36.7x | 2.5x |
| Mon, 15 Apr 2024 | CN¥1.5t | CN¥596.3b | CN¥34.8b | 39.7x | 42.2x | 2.5x |
| Wed, 13 Mar 2024 | CN¥1.6t | CN¥599.4b | CN¥35.6b | 40.6x | 45x | 2.7x |
| Fri, 09 Feb 2024 | CN¥1.4t | CN¥595.9b | CN¥34.3b | 34.6x | 40.1x | 2.3x |
| Sun, 07 Jan 2024 | CN¥1.6t | CN¥593.8b | CN¥32.9b | 46.3x | 48.7x | 2.7x |
| Tue, 05 Dec 2023 | CN¥1.7t | CN¥647.5b | CN¥32.8b | 47.4x | 52.6x | 2.7x |
| Thu, 02 Nov 2023 | CN¥1.7t | CN¥645.2b | CN¥32.6b | 44.3x | 50.8x | 2.6x |
| Sat, 30 Sep 2023 | CN¥1.7t | CN¥641.5b | CN¥31.1b | 45.8x | 54.8x | 2.7x |
| Mon, 28 Aug 2023 | CN¥1.5t | CN¥475.2b | CN¥30.7b | 45.4x | 49.9x | 3.2x |
| Wed, 26 Jul 2023 | CN¥1.7t | CN¥470.3b | CN¥30.1b | 49.2x | 54.8x | 3.5x |
| Fri, 23 Jun 2023 | CN¥1.7t | CN¥468.6b | CN¥29.5b | 54.7x | 57.2x | 3.6x |
| Sun, 21 May 2023 | CN¥1.7t | CN¥469.4b | CN¥29.5b | 52.8x | 56.4x | 3.5x |
| Tue, 18 Apr 2023 | CN¥1.8t | CN¥470.1b | CN¥34.1b | 45x | 52.7x | 3.8x |
| Thu, 16 Mar 2023 | CN¥1.6t | CN¥465.8b | CN¥35.0b | 45.2x | 46.3x | 3.5x |
| Sat, 11 Feb 2023 | CN¥1.6t | CN¥461.7b | CN¥35.6b | 44.3x | 44x | 3.4x |
| Mon, 09 Jan 2023 | CN¥1.4t | CN¥461.3b | CN¥35.4b | 38.5x | 39.5x | 3x |
| Wed, 07 Dec 2022 | CN¥1.4t | CN¥456.4b | CN¥34.9b | 39.5x | 40.5x | 3.1x |
| Fri, 04 Nov 2022 | CN¥1.4t | CN¥456.3b | CN¥35.8b | 39x | 38.9x | 3.1x |
| Sun, 02 Oct 2022 | CN¥1.2t | CN¥451.1b | CN¥38.6b | 33.4x | 32.3x | 2.8x |
| Tue, 30 Aug 2022 | CN¥1.4t | CN¥436.5b | CN¥37.3b | 38.2x | 37.3x | 3.2x |
| Thu, 28 Jul 2022 | CN¥1.4t | CN¥423.6b | CN¥38.7b | 38.7x | 36x | 3.3x |
| Sat, 25 Jun 2022 | CN¥1.3t | CN¥428.1b | CN¥39.1b | 37.9x | 34.4x | 3.1x |
| Mon, 23 May 2022 | CN¥1.2t | CN¥431.9b | CN¥39.8b | 34.5x | 31.1x | 2.9x |
| Wed, 20 Apr 2022 | CN¥1.3t | CN¥384.7b | CN¥42.0b | 33.7x | 31.6x | 3.4x |
| Fri, 18 Mar 2022 | CN¥1.4t | CN¥366.8b | CN¥38.6b | 40.2x | 36.7x | 3.9x |
Price to Earnings Ratio
36.7x
Current Industry PE
- Investors are optimistic on the Chinese Electronic Equipment and Instruments industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 50.3x which is higher than its 3-year average PE of 42.4x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 Comparison
How does Chinese Electronic Equipment and Instruments compare with similar industries?
| CN Market | 2.29% | |
| Tech | 4.33% | |
| Electronic Equipment and Components | 4.45% | |
| Electronic Equipment and Instruments | 6.44% | |
| Electronic Components | 4.14% | |
| Technology Distributors | 3.39% | |
| Electronic Manufacturing Services | 0.83% | |
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 | |
|---|---|---|---|---|---|
| 002415 Hangzhou Hikvision Digital Technology | CN¥33.13 | 7.4% +CN¥21.1b | -3.6% | PE22.9x | |
| 002236 Zhejiang Dahua Technology | CN¥18.65 | 12.3% +CN¥6.7b | -7.9% | PE8.3x | |
| 688002 Raytron TechnologyLtd | CN¥65.11 | 17.3% +CN¥4.3b | 60.0% | PE47.8x | |
| 002414 Wuhan Guide Infrared | CN¥8.71 | 7.8% +CN¥2.7b | 5.6% | PS14.2x | |
| 688777 Supcon TechnologyLtd | CN¥57.77 | 5.3% +CN¥2.3b | 21.4% | PE40.3x |
