Earnings Troubles May Signal Larger Issues for Wuhan Guide Infrared (SZSE:002414) Shareholders
Apr 26
Chinese (SSE) Electronic Equipment and Instruments Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies186
- 7D0.9%
- 3M0.4%
- 1Y-14.5%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has risen 1.2%, driven by gains from Hangzhou Hikvision Digital Technology of 2.1%. Meanwhile, Zhejiang Dahua Technology actually underperformed within the industry, shrinking 6.3% in the last week. In the past year, the industry is down 14%. Earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥1.5t | CN¥599.9b | CN¥38.9b | 39.5x | 37.9x | 2.5x |
| Sun, 24 Mar 2024 | CN¥1.6t | CN¥599.1b | CN¥35.6b | 41.7x | 45x | 2.7x |
| Tue, 20 Feb 2024 | CN¥1.4t | CN¥595.9b | CN¥34.3b | 35.8x | 40.9x | 2.4x |
| Thu, 18 Jan 2024 | CN¥1.5t | CN¥593.1b | CN¥32.8b | 43.4x | 45.8x | 2.5x |
| Sat, 16 Dec 2023 | CN¥1.7t | CN¥648.3b | CN¥32.9b | 46.6x | 51.1x | 2.6x |
| Mon, 13 Nov 2023 | CN¥1.7t | CN¥646.3b | CN¥32.6b | 45.9x | 52.7x | 2.7x |
| Wed, 11 Oct 2023 | CN¥1.7t | CN¥641.5b | CN¥31.1b | 45.2x | 54.8x | 2.7x |
| Fri, 08 Sep 2023 | CN¥1.7t | CN¥641.7b | CN¥30.5b | 46.8x | 56.1x | 2.7x |
| Sun, 06 Aug 2023 | CN¥1.7t | CN¥469.9b | CN¥30.1b | 49.3x | 55.4x | 3.5x |
| Tue, 04 Jul 2023 | CN¥1.7t | CN¥468.9b | CN¥29.6b | 54.2x | 56.7x | 3.6x |
| Thu, 01 Jun 2023 | CN¥1.7t | CN¥468.5b | CN¥29.5b | 53.6x | 56.7x | 3.6x |
| Sat, 29 Apr 2023 | CN¥1.7t | CN¥471.5b | CN¥30.8b | 43.7x | 54.1x | 3.5x |
| Mon, 27 Mar 2023 | CN¥1.7t | CN¥467.0b | CN¥34.9b | 46.2x | 49.3x | 3.7x |
| Wed, 22 Feb 2023 | CN¥1.6t | CN¥459.3b | CN¥33.7b | 42.7x | 47.3x | 3.5x |
| Fri, 20 Jan 2023 | CN¥1.5t | CN¥461.3b | CN¥35.4b | 41.5x | 41.8x | 3.2x |
| Sun, 18 Dec 2022 | CN¥1.4t | CN¥456.4b | CN¥34.9b | 36.5x | 39.2x | 3x |
| Tue, 15 Nov 2022 | CN¥1.4t | CN¥457.0b | CN¥36.2b | 39.6x | 38.3x | 3x |
| Thu, 13 Oct 2022 | CN¥1.3t | CN¥451.1b | CN¥38.6b | 33.9x | 32.6x | 2.8x |
| Sat, 10 Sep 2022 | CN¥1.4t | CN¥450.5b | CN¥38.6b | 37.7x | 35x | 3x |
| Mon, 08 Aug 2022 | CN¥1.4t | CN¥428.3b | CN¥39.2b | 41.4x | 36.6x | 3.3x |
| Wed, 06 Jul 2022 | CN¥1.3t | CN¥420.2b | CN¥38.5b | 37.4x | 34.9x | 3.2x |
| Fri, 03 Jun 2022 | CN¥1.3t | CN¥428.4b | CN¥39.2b | 35.5x | 32.2x | 2.9x |
| Sun, 01 May 2022 | CN¥1.2t | CN¥432.5b | CN¥38.8b | 32.7x | 32x | 2.9x |
| Tue, 29 Mar 2022 | CN¥1.4t | CN¥379.0b | CN¥40.0b | 38.6x | 34.1x | 3.6x |
| Thu, 24 Feb 2022 | CN¥1.6t | CN¥364.1b | CN¥38.0b | 42.6x | 41.2x | 4.3x |
| Sat, 22 Jan 2022 | CN¥1.6t | CN¥359.5b | CN¥38.1b | 45.4x | 42.4x | 4.5x |
| Mon, 20 Dec 2021 | CN¥1.7t | CN¥359.2b | CN¥38.0b | 44.7x | 44.8x | 4.7x |
| Wed, 17 Nov 2021 | CN¥1.7t | CN¥360.0b | CN¥38.4b | 40.9x | 43.6x | 4.6x |
| Fri, 15 Oct 2021 | CN¥1.6t | CN¥346.9b | CN¥40.3b | 37.5x | 39.8x | 4.6x |
| Sun, 12 Sep 2021 | CN¥1.7t | CN¥346.2b | CN¥40.2b | 40.3x | 41.8x | 4.9x |
| Tue, 10 Aug 2021 | CN¥1.8t | CN¥346.3b | CN¥40.2b | 41.3x | 43.9x | 5.1x |
| Mon, 03 May 2021 | CN¥1.6t | CN¥326.2b | CN¥38.7b | 35.6x | 40.5x | 4.8x |
Price to Earnings Ratio
40.5x
Current Industry PE
- Investors are pessimistic on the Chinese Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 38.3x which is lower than its 3-year average PE of 43.4x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.5x.
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 22% 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 | -0.29% | |
| Tech | -0.37% | |
| Electronic Equipment and Components | 0.47% | |
| Electronic Equipment and Instruments | 0.92% | |
| Electronic Components | 1.34% | |
| Technology Distributors | -1.35% | |
| Electronic Manufacturing Services | -3.11% | |
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 | |
|---|---|---|---|---|---|
| 2415 Hangzhou Hikvision Digital Technology | CN¥32.64 | 2.1% +CN¥6.3b | -13.9% | PE21.4x | |
| 688188 Shanghai Friendess Electronic Technology | CN¥311.39 | 4.8% +CN¥2.1b | 56.7% | PE57.8x | |
| 688777 SUPCON Technology | CN¥48.44 | 3.3% +CN¥1.2b | -24.5% | PE33.1x | |
| 688002 Raytron TechnologyLtd | CN¥30.79 | 6.4% +CN¥832.0m | -35.9% | PE25.2x | |
| 2414 Wuhan Guide Infrared | CN¥6.84 | 2.9% +CN¥811.4m | -19.0% | PE431.5x |
