Many Still Looking Away From Wingtech Technology Co.,Ltd (SHSE:600745)
Apr 16
Chinese (SSE) Electronic Manufacturing Services Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies11
- 7D-1.3%
- 3M32.3%
- 1Y0.8%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has dropped 1.3%, driven by Foxconn Industrial Internet declining 0.9%. In contrast, Zhejiang Jiecang Linear Motion TechnologyLtd has gained 7.2%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Chinese Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥580.1b | CN¥662.1b | CN¥25.2b | 34.3x | 23x | 0.9x |
| Wed, 20 Mar 2024 | CN¥672.3b | CN¥667.3b | CN¥22.7b | 38.1x | 29.6x | 1x |
| Fri, 16 Feb 2024 | CN¥455.2b | CN¥670.6b | CN¥23.4b | 29.8x | 19.4x | 0.7x |
| Sun, 14 Jan 2024 | CN¥419.3b | CN¥672.3b | CN¥23.5b | 37.1x | 17.8x | 0.6x |
| Tue, 12 Dec 2023 | CN¥491.9b | CN¥672.3b | CN¥23.5b | 42.5x | 20.9x | 0.7x |
| Thu, 09 Nov 2023 | CN¥497.2b | CN¥672.3b | CN¥23.5b | 45.9x | 21.1x | 0.7x |
| Sat, 07 Oct 2023 | CN¥557.8b | CN¥687.1b | CN¥23.3b | 46.4x | 23.9x | 0.8x |
| Mon, 04 Sep 2023 | CN¥590.0b | CN¥686.9b | CN¥23.2b | 41.9x | 25.4x | 0.9x |
| Wed, 02 Aug 2023 | CN¥634.8b | CN¥708.0b | CN¥23.6b | 37.5x | 26.9x | 0.9x |
| Fri, 30 Jun 2023 | CN¥659.5b | CN¥708.0b | CN¥23.6b | 39.2x | 27.9x | 0.9x |
| Sun, 28 May 2023 | CN¥527.2b | CN¥708.0b | CN¥23.6b | 40.3x | 22.3x | 0.7x |
| Tue, 25 Apr 2023 | CN¥556.8b | CN¥705.6b | CN¥25.0b | 27.7x | 22.3x | 0.8x |
| Thu, 23 Mar 2023 | CN¥512.7b | CN¥696.4b | CN¥29.0b | 26.2x | 17.7x | 0.7x |
| Sat, 18 Feb 2023 | CN¥389.4b | CN¥679.7b | CN¥29.8b | 26.8x | 13.1x | 0.6x |
| Mon, 16 Jan 2023 | CN¥367.3b | CN¥679.7b | CN¥29.8b | 24.4x | 12.3x | 0.5x |
| Wed, 14 Dec 2022 | CN¥370.7b | CN¥679.7b | CN¥29.8b | 23.4x | 12.5x | 0.5x |
| Fri, 11 Nov 2022 | CN¥357.5b | CN¥680.4b | CN¥30.0b | 24.5x | 11.9x | 0.5x |
| Sun, 09 Oct 2022 | CN¥369.8b | CN¥646.5b | CN¥29.1b | 25.5x | 12.7x | 0.6x |
| Tue, 06 Sep 2022 | CN¥424.2b | CN¥645.6b | CN¥28.9b | 30.3x | 14.7x | 0.7x |
| Thu, 04 Aug 2022 | CN¥443.6b | CN¥615.1b | CN¥28.2b | 36.9x | 15.7x | 0.7x |
| Sat, 02 Jul 2022 | CN¥457.5b | CN¥615.1b | CN¥28.2b | 41.6x | 16.2x | 0.7x |
| Mon, 30 May 2022 | CN¥428.6b | CN¥615.1b | CN¥28.2b | 31.3x | 15.2x | 0.7x |
| Wed, 27 Apr 2022 | CN¥386.2b | CN¥602.3b | CN¥28.1b | 30.5x | 13.7x | 0.6x |
| Fri, 25 Mar 2022 | CN¥497.8b | CN¥596.2b | CN¥27.9b | 46.6x | 17.8x | 0.8x |
| Sun, 20 Feb 2022 | CN¥568.1b | CN¥610.7b | CN¥27.5b | 52.1x | 20.7x | 0.9x |
| Tue, 18 Jan 2022 | CN¥728.3b | CN¥618.4b | CN¥28.6b | 59.7x | 25.5x | 1.2x |
| Thu, 16 Dec 2021 | CN¥802.0b | CN¥618.4b | CN¥28.6b | 70.7x | 28x | 1.3x |
| Sat, 13 Nov 2021 | CN¥748.0b | CN¥618.4b | CN¥28.6b | 62.5x | 26.1x | 1.2x |
| Mon, 11 Oct 2021 | CN¥649.5b | CN¥596.6b | CN¥26.9b | 46.5x | 24.2x | 1.1x |
| Wed, 08 Sep 2021 | CN¥702.1b | CN¥597.3b | CN¥27.0b | 51x | 26x | 1.2x |
| Fri, 06 Aug 2021 | CN¥685.8b | CN¥596.6b | CN¥26.9b | 51.9x | 25.5x | 1.1x |
| Mon, 10 May 2021 | CN¥617.2b | CN¥588.4b | CN¥26.6b | 37.9x | 23.2x | 1x |
Price to Earnings Ratio
23.2x
Current Industry PE
- Investors are optimistic on the Chinese Electronic Manufacturing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 23.0x which is higher than its 3-year average PE of 20.3x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.0% 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 Manufacturing Services compare with similar industries?
| CN Market | -0.40% | |
| Tech | -2.71% | |
| Electronic Equipment and Components | -2.21% | |
| Electronic Manufacturing Services | -1.31% | |
| Electronic Equipment and Instruments | -1.22% | |
| Technology Distributors | -2.62% | |
| Electronic Components | -3.16% | |
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 | |
|---|---|---|---|---|---|
| 603583 Zhejiang Jiecang Linear Motion TechnologyLtd | CN¥21.90 | 8.1% +CN¥634.6m | -0.05% | PE36.7x | |
| 2947 Suzhou Hengmingda Electronic Technology | CN¥29.40 | 6.9% +CN¥432.8m | 42.4% | PE23.9x | |
| 600745 Wingtech TechnologyLtd | CN¥35.08 | 0.09% +CN¥37.3m | -37.3% | PE27x | |
| 603380 Suzhou Etron TechnologiesLtd | CN¥18.15 | 0.6% +CN¥15.9m | -16.9% | PE19.8x |