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Chinese (SSE) IT Industry Analysis
UpdatedApr 19, 2025
DataAggregated Company Financials
Companies95
- 7D-0.8%
- 3M10.3%
- 1Y43.9%
- YTD8.6%
Over the last 7 days, the IT industry has remained flat, although notably Northking Information Technology gained 10.0%. As for the the longer term, the industry is up 44% over the past 12 months. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Chinese IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 19 Apr 2025 | CN¥867.2b | CN¥367.2b | CN¥5.2b | 77.3x | 167.5x | 2.4x |
| Mon, 17 Mar 2025 | CN¥1.1t | CN¥366.8b | CN¥6.1b | 94.3x | 179.1x | 3x |
| Wed, 12 Feb 2025 | CN¥958.3b | CN¥366.1b | CN¥6.1b | 88.2x | 157.9x | 2.6x |
| Fri, 10 Jan 2025 | CN¥754.8b | CN¥366.1b | CN¥6.1b | 63.1x | 124.4x | 2.1x |
| Sun, 08 Dec 2024 | CN¥835.5b | CN¥366.1b | CN¥6.1b | 76.7x | 137.7x | 2.3x |
| Tue, 05 Nov 2024 | CN¥773.4b | CN¥365.9b | CN¥5.8b | 64.9x | 133.3x | 2.1x |
| Thu, 03 Oct 2024 | CN¥710.9b | CN¥359.7b | CN¥4.5b | 68.2x | 157.9x | 2x |
| Sat, 31 Aug 2024 | CN¥528.6b | CN¥351.1b | CN¥5.0b | 46.2x | 105.2x | 1.5x |
| Mon, 29 Jul 2024 | CN¥518.2b | CN¥349.2b | CN¥4.5b | 41.3x | 116.2x | 1.5x |
| Wed, 26 Jun 2024 | CN¥531.9b | CN¥349.1b | CN¥4.4b | 44.9x | 121.5x | 1.5x |
| Fri, 24 May 2024 | CN¥599.1b | CN¥348.9b | CN¥4.4b | 49.3x | 135.4x | 1.7x |
| Sun, 21 Apr 2024 | CN¥595.2b | CN¥351.5b | CN¥8.8b | 45.5x | 67.9x | 1.7x |
| Tue, 19 Mar 2024 | CN¥650.0b | CN¥340.7b | CN¥4.7b | 57.3x | 136.9x | 1.9x |
| Thu, 15 Feb 2024 | CN¥515.5b | CN¥339.1b | CN¥4.4b | 42.6x | 117.1x | 1.5x |
| Sat, 13 Jan 2024 | CN¥624.1b | CN¥337.6b | CN¥4.2b | 58.1x | 149.3x | 1.8x |
| Mon, 11 Dec 2023 | CN¥700.4b | CN¥337.1b | CN¥4.1b | 65.3x | 171.1x | 2.1x |
| Wed, 08 Nov 2023 | CN¥686.7b | CN¥337.1b | CN¥4.1b | 64.7x | 167.7x | 2x |
| Fri, 06 Oct 2023 | CN¥665.1b | CN¥338.2b | CN¥4.8b | 56.8x | 138.1x | 2x |
| Sun, 03 Sep 2023 | CN¥689.4b | CN¥338.2b | CN¥4.8b | 60.7x | 142.3x | 2x |
| Tue, 01 Aug 2023 | CN¥674.2b | CN¥338.4b | CN¥5.8b | 58.1x | 115.9x | 2x |
| Thu, 29 Jun 2023 | CN¥731.6b | CN¥339.0b | CN¥5.8b | 57.7x | 125.7x | 2.2x |
| Sat, 27 May 2023 | CN¥668.7b | CN¥336.6b | CN¥5.7b | 55.5x | 117.5x | 2x |
| Mon, 24 Apr 2023 | CN¥720.6b | CN¥329.0b | CN¥1.2b | 56.6x | 605.4x | 2.2x |
| Wed, 22 Mar 2023 | CN¥680.4b | CN¥335.1b | CN¥2.9b | 63.1x | 235.3x | 2x |
| Fri, 17 Feb 2023 | CN¥676.3b | CN¥350.4b | CN¥3.2b | 56.3x | 209.7x | 1.9x |
| Sun, 15 Jan 2023 | CN¥574.3b | CN¥351.4b | CN¥3.2b | 45.3x | 178.5x | 1.6x |
| Tue, 13 Dec 2022 | CN¥582.2b | CN¥351.4b | CN¥3.2b | 47.2x | 180.9x | 1.7x |
| Thu, 10 Nov 2022 | CN¥586.0b | CN¥350.8b | CN¥3.2b | 47.2x | 182x | 1.7x |
| Sat, 08 Oct 2022 | CN¥456.8b | CN¥349.4b | CN¥4.2b | 39.3x | 109.4x | 1.3x |
| Mon, 05 Sep 2022 | CN¥513.4b | CN¥350.0b | CN¥4.4b | 42.4x | 117x | 1.5x |
| Wed, 03 Aug 2022 | CN¥516.7b | CN¥356.2b | CN¥5.3b | 41.8x | 98.1x | 1.5x |
| Fri, 01 Jul 2022 | CN¥519.2b | CN¥351.5b | CN¥5.0b | 43x | 103.5x | 1.5x |
| Sun, 29 May 2022 | CN¥481.6b | CN¥351.3b | CN¥5.0b | 40.3x | 96.2x | 1.4x |
| Tue, 26 Apr 2022 | CN¥427.6b | CN¥329.4b | CN¥1.8b | 37.1x | 244.1x | 1.3x |
Price to Earnings Ratio
244.1x
Current Industry PE
- Investors are optimistic on the Chinese IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 167x which is higher than its 3-year average PE of 141x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 44% per year over the last three years.
- Revenues for these companies have grown 3.7% 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 Tech industry?
| CN Market | 0.22% | |
| Tech | -0.94% | |
| IT | -0.75% | |
| IT Consulting | 0.26% | |
| Data Processing Services | -2.34% | |
| Internet Services and Infrastructure | -2.54% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 37.8%, which is higher than its past year's earnings decline of 8.1% per year.
- Investors are most pessimistic about the Internet Services and Infrastructure industry, which is trading below its 3-year average of 170x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 8.1% per year.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 29% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 002987 Northking Information Technology | CN¥18.83 | 10.0% +CN¥1.1b | 62.7% | PE37.4x | |
| 301316 Hydsoft TechnologyLtd | CN¥26.75 | 10.3% +CN¥1.0b | 73.3% | PE154.5x | |
| 300017 Wangsu Science & TechnologyLtd | CN¥10.78 | 2.7% +CN¥845.7m | 12.2% | PE39.1x | |
| 688258 Jiangsu Eazytec | CN¥42.20 | 18.0% +CN¥770.5m | 81.6% | PE153.7x | |
| 300002 Beijing Ultrapower Software | CN¥11.59 | 3.3% +CN¥725.0m | 32.3% | PE15.8x |