Some Investors May Be Worried About Universal Scientific Industrial (Shanghai)'s (SHSE:601231) Returns On Capital
Nov 21
Have your own idea? Try our Stock Screener
Chinese (SSE) Electronic Equipment and Instruments Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies185
- 7D-4.3%
- 3M35.1%
- 1Y-1.9%
- YTDn/a
Over the last 7 days, the Electronic Equipment and Instruments industry has dropped 5.7%, driven by a pullback from Hangzhou Hikvision Digital Technology of 4.1%. On the other hand China Security is actually up 23%. However, the industry is down 4.9% over the past year. 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥1.7t | CN¥604.3b | CN¥37.1b | 44.3x | 44.9x | 2.8x |
| Sat, 19 Oct 2024 | CN¥1.6t | CN¥606.1b | CN¥39.1b | 42.5x | 39.7x | 2.6x |
| Mon, 16 Sep 2024 | CN¥1.2t | CN¥606.0b | CN¥39.1b | 32.3x | 30.6x | 2x |
| Wed, 14 Aug 2024 | CN¥1.3t | CN¥606.1b | CN¥41.0b | 33.9x | 30.8x | 2.1x |
| Fri, 12 Jul 2024 | CN¥1.4t | CN¥606.0b | CN¥40.9b | 36x | 33.3x | 2.2x |
| Sun, 09 Jun 2024 | CN¥1.4t | CN¥606.0b | CN¥40.9b | 37x | 34.7x | 2.3x |
| Tue, 07 May 2024 | CN¥1.5t | CN¥602.7b | CN¥41.0b | 39.6x | 37.6x | 2.6x |
| Thu, 04 Apr 2024 | CN¥1.5t | CN¥596.6b | CN¥34.9b | 41.4x | 43.9x | 2.6x |
| Sat, 02 Mar 2024 | CN¥1.6t | CN¥599.9b | CN¥35.2b | 41.3x | 45x | 2.6x |
| Mon, 29 Jan 2024 | CN¥1.5t | CN¥593.1b | CN¥32.8b | 41.1x | 44.7x | 2.5x |
| Wed, 27 Dec 2023 | CN¥1.6t | CN¥648.3b | CN¥32.9b | 45.4x | 49.2x | 2.5x |
| Fri, 24 Nov 2023 | CN¥1.7t | CN¥647.1b | CN¥32.7b | 49.2x | 53.2x | 2.7x |
| Sun, 22 Oct 2023 | CN¥1.6t | CN¥643.4b | CN¥32.1b | 41.4x | 49.6x | 2.5x |
| Tue, 19 Sep 2023 | CN¥1.7t | CN¥641.5b | CN¥30.6b | 44.8x | 54.1x | 2.6x |
| Thu, 17 Aug 2023 | CN¥1.6t | CN¥470.8b | CN¥30.4b | 45x | 52.1x | 3.4x |
| Sat, 15 Jul 2023 | CN¥1.7t | CN¥469.2b | CN¥29.9b | 52.9x | 56.1x | 3.6x |
| Mon, 12 Jun 2023 | CN¥1.6t | CN¥468.5b | CN¥29.5b | 51.9x | 54.8x | 3.4x |
| Wed, 10 May 2023 | CN¥1.6t | CN¥469.0b | CN¥30.0b | 44.4x | 53.9x | 3.5x |
| Fri, 07 Apr 2023 | CN¥1.8t | CN¥466.9b | CN¥34.7b | 45.8x | 50.7x | 3.8x |
| Sun, 05 Mar 2023 | CN¥1.6t | CN¥460.1b | CN¥34.3b | 44.2x | 47.2x | 3.5x |
| Tue, 31 Jan 2023 | CN¥1.5t | CN¥461.4b | CN¥35.4b | 42.7x | 42.4x | 3.3x |
| Thu, 29 Dec 2022 | CN¥1.4t | CN¥461.3b | CN¥35.5b | 35.1x | 38.1x | 2.9x |
| Sat, 26 Nov 2022 | CN¥1.4t | CN¥457.5b | CN¥36.3b | 40x | 38.3x | 3x |
| Mon, 24 Oct 2022 | CN¥1.3t | CN¥451.2b | CN¥38.7b | 36.8x | 34.8x | 3x |
| Wed, 21 Sep 2022 | CN¥1.3t | CN¥451.1b | CN¥38.6b | 36.3x | 33.6x | 2.9x |
| Fri, 19 Aug 2022 | CN¥1.5t | CN¥433.9b | CN¥38.7b | 43.6x | 38.5x | 3.4x |
| Sun, 17 Jul 2022 | CN¥1.3t | CN¥423.3b | CN¥38.7b | 37.3x | 33.8x | 3.1x |
| Tue, 14 Jun 2022 | CN¥1.3t | CN¥428.1b | CN¥39.1b | 36.9x | 32.9x | 3x |
| Thu, 12 May 2022 | CN¥1.2t | CN¥432.0b | CN¥39.9b | 33.8x | 30.6x | 2.8x |
| Sat, 09 Apr 2022 | CN¥1.3t | CN¥380.7b | CN¥40.2b | 35.8x | 33.5x | 3.5x |
| Mon, 07 Mar 2022 | CN¥1.5t | CN¥366.4b | CN¥38.6b | 43.5x | 38.9x | 4.1x |
| Wed, 02 Feb 2022 | CN¥1.5t | CN¥359.5b | CN¥38.0b | 42.3x | 39.8x | 4.2x |
| Fri, 31 Dec 2021 | CN¥1.7t | CN¥359.2b | CN¥38.0b | 45.8x | 44.5x | 4.7x |
| Sun, 28 Nov 2021 | CN¥1.7t | CN¥359.5b | CN¥38.3b | 43.8x | 43.1x | 4.6x |
Price to Earnings Ratio
43.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Electronic Equipment and Instruments industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 42.2x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.7x.
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 19% 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 | -3.39% | |
| Tech | -6.40% | |
| Electronic Equipment and Components | -5.83% | |
| Electronic Equipment and Instruments | -4.32% | |
| Electronic Components | -5.84% | |
| Electronic Manufacturing Services | -8.32% | |
| Technology Distributors | -9.10% | |
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 | |
|---|---|---|---|---|---|
| 603025 Beijing Dahao TechnologyLtd | CN¥16.40 | 14.2% +CN¥2.3b | 26.8% | PE30x | |
| 600800 Tian Jin Bohai ChemicalLtd | CN¥4.39 | 60.8% +CN¥1.8b | 18.6% | PS1.2x | |
| 300561 SGSG Science&Technology Zhuhai | CN¥31.85 | 19.2% +CN¥1.7b | 150.0% | PS108.6x | |
| 002175 Guangxi Oriental Intelligent Manufacturing Technology | CN¥3.73 | 29.5% +CN¥1.1b | 19.2% | PE175.5x | |
| 002161 Invengo Information TechnologyLtd | CN¥6.93 | 24.6% +CN¥1.0b | 6.8% | PE82.9x |
