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Chinese (SSE) IT Industry Analysis

UpdatedJul 21, 2026
DataAggregated Company Financials
Companies93
  • 7D-5.7%
  • 3M-26.3%
  • 1Y-19.7%
  • YTD-20.3%

Over the last 7 days, the IT industry has dropped 5.7%, driven by a pullback from Range Intelligent Computing Technology Group of 4.0%. On the other hand INESA Intelligent Tech is actually up 16%. The industry has fallen 20% in the last year. Earnings are forecast to grow by 28% annually.

Industry Valuation and Performance

Has the Chinese IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jul 2026CN¥858.0bCN¥263.8bCN¥3.4b94.9x255.5x3.3x
Thu, 18 Jun 2026CN¥957.2bCN¥262.0bCN¥3.2b112.3x295.4x3.7x
Sat, 16 May 2026CN¥1.2tCN¥414.9bCN¥3.7b132.4x318.5x2.8x
Mon, 13 Apr 2026CN¥1.1tCN¥405.7bCN¥6.9b113.1x164.3x2.8x
Wed, 11 Mar 2026CN¥1.3tCN¥397.3bCN¥6.2b106.4x207.5x3.2x
Fri, 06 Feb 2026CN¥1.2tCN¥394.6bCN¥6.5b116.4x177.3x2.9x
Sun, 04 Jan 2026CN¥1.1tCN¥394.6bCN¥6.5b105.8x162.4x2.7x
Tue, 02 Dec 2025CN¥1.1tCN¥394.6bCN¥6.5b111.2x167.2x2.7x
Thu, 30 Oct 2025CN¥1.0tCN¥384.5bCN¥3.4b103.1x304.2x2.7x
Sat, 27 Sep 2025CN¥1.0tCN¥382.3bCN¥3.5b92x299.2x2.7x
Mon, 25 Aug 2025CN¥1.1tCN¥372.8bCN¥3.8b99x293.2x3x
Wed, 23 Jul 2025CN¥976.1bCN¥371.6bCN¥4.0b95.1x246.2x2.6x
Fri, 20 Jun 2025CN¥883.7bCN¥371.6bCN¥4.0b84.4x222.9x2.4x
Sun, 18 May 2025CN¥895.7bCN¥371.7bCN¥3.6b83.4x246.4x2.4x
Tue, 15 Apr 2025CN¥882.5bCN¥366.9bCN¥5.1b69.2x174.4x2.4x
Thu, 13 Mar 2025CN¥1.1tCN¥366.5bCN¥6.2b96.2x177.9x3x
Sat, 08 Feb 2025CN¥929.7bCN¥366.1bCN¥6.1b84.2x153.2x2.5x
Mon, 06 Jan 2025CN¥739.6bCN¥366.1bCN¥6.1b61.7x121.9x2x
Wed, 04 Dec 2024CN¥834.4bCN¥366.1bCN¥6.1b77.3x137.5x2.3x
Fri, 01 Nov 2024CN¥811.2bCN¥365.8bCN¥5.8b68.7x140x2.2x
Sun, 29 Sep 2024CN¥620.5bCN¥359.7bCN¥4.5b58.8x137.9x1.7x
Tue, 27 Aug 2024CN¥509.2bCN¥350.5bCN¥4.4b40.4x116.9x1.5x
Thu, 25 Jul 2024CN¥511.3bCN¥349.2bCN¥4.5b40.3x114.6x1.5x
Sat, 22 Jun 2024CN¥568.7bCN¥349.1bCN¥4.4b47.1x129.8x1.6x
Mon, 20 May 2024CN¥611.3bCN¥349.0bCN¥4.5b45.9x135x1.8x
Wed, 17 Apr 2024CN¥603.7bCN¥349.5bCN¥7.8b43.4x77x1.7x
Fri, 15 Mar 2024CN¥633.3bCN¥340.7bCN¥4.7b55.5x133.4x1.9x
Sun, 11 Feb 2024CN¥515.5bCN¥338.5bCN¥4.3b42.6x120.9x1.5x
Tue, 09 Jan 2024CN¥628.0bCN¥337.4bCN¥4.1b58.5x152.2x1.9x
Thu, 07 Dec 2023CN¥684.4bCN¥337.1bCN¥4.1b64.4x167.2x2x
Sat, 04 Nov 2023CN¥660.3bCN¥337.2bCN¥4.1b63.8x159.2x2x
Mon, 02 Oct 2023CN¥665.1bCN¥338.2bCN¥4.8b56.8x138.1x2x
Wed, 30 Aug 2023CN¥683.9bCN¥340.1bCN¥4.5b59.6x152.8x2x
Fri, 28 Jul 2023CN¥660.8bCN¥338.2bCN¥5.8b57.7x113.7x2x
Price to Earnings Ratio

113.7x


Total Market Cap: CN¥660.8bTotal Earnings: CN¥5.8bTotal Revenue: CN¥338.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese IT Industry Price to Earnings3Y Average 177.5x202420252026
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 256x which is higher than its 3-year average PE of 177x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 17% per year over the last three years,
  • Revenues have also declined 8.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Chinese Tech industry?

CN Market-6.17%
Tech-15.08%
IT-5.67%
IT Consulting-4.24%
Internet Services and Infrastructure-8.06%
Data Processing Services-20.02%
Industry PE
  • Investors are most optimistic about the Data Processing Services industry even though it's trading below its 3-year average PE ratio of 300x.
    • Analysts are expecting annual earnings growth of 49.4%, which is lower than the prior year's growth of 79.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 49% over the next 5 years.
  • However this is lower than its past earnings growth rate of 79% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 25% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600602 INESA Intelligent TechCN¥19.1416.4%
+CN¥3.7b
-12.5%PE133.5x
300674 Yusys TechnologiesCN¥17.4021.2%
+CN¥2.1b
-36.8%PE29.1x
300738 Guangdong Aofei Data TechnologyCN¥21.789.8%
+CN¥1.9b
1.0%PE123.8x
300766 Merit InteractiveLtdCN¥24.6024.4%
+CN¥1.9b
-31.3%PS18.1x
300383 Beijing Sinnet TechnologyLtdCN¥13.408.2%
+CN¥1.8b
-10.7%PS3.5x

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