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Chinese (SSE) IT Industry Analysis

UpdatedJan 26, 2022
DataAggregated Company Financials
Companies92
  • 7D-7.5%
  • 3M16.4%
  • 1Y4.1%
  • YTD-0.3%

Over the last 7 days, the IT industry has remained flat, although notably Shanghai New Centurion Network Information Technology gained 30%. As for the the longer term, the industry is up 12% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 26 Jan 2022CN„629.6bCN„317.4bCN„1.9b50.5x
Fri, 24 Dec 2021CN„582.1bCN„316.5bCN„1.7b46.4x
Sun, 21 Nov 2021CN„566.2bCN„317.3bCN„1.7b49.4x
Tue, 19 Oct 2021CN„547.1bCN„307.3bCN„2.1b43.6x
Thu, 16 Sep 2021CN„554.1bCN„305.9bCN„2.0b44.3x
Sat, 14 Aug 2021CN„546.1bCN„305.7bCN„2.0b43.9x
Wed, 09 Jun 2021CN„540.1bCN„288.3bCN„2.2b42.9x
Tue, 02 Mar 2021CN„561.1bCN„275.3bCN„1.7b43.4x
Fri, 04 Dec 2020CN„671.8bCN„261.1bCN„2.1b70.8x
Mon, 07 Sep 2020CN„779.7bCN„252.9bCN„1.8b66.3x
Sun, 31 May 2020CN„665.5bCN„248.2bCN„1.9b63.4x
Wed, 04 Mar 2020CN„687.8bCN„252.0bCN„3.1b63.5x
Sat, 07 Dec 2019CN„504.6bCN„251.3b-CN„338,491,897.0045.2x
Tue, 10 Sep 2019CN„497.9bCN„250.4b-CN„281,241,850.0047.4x
Mon, 03 Jun 2019CN„518.5bCN„245.2b-CN„1,561,122,094.0048.8x
Thu, 07 Mar 2019CN„464.4bCN„228.2b-CN„2,986,884,220.0054.4x
PE Ratio

43.5x

Total Market Cap: CN„370.1bTotal Earnings: -CN„2,986,884,220.00Total Revenue: CN„228.2b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 53.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: Total earnings for the IT industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

IT Consulting-7.10%
Internet Services and Infrastructure-8.11%
Data Processing Services-8.94%

Industry PE: Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 56.5x. This is likely because analysts are expecting annual earnings growth of 40%, which is higher than its past year's earnings growth of 15% per year. Meanwhile, investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 52.7x.

Forecasted Growth: Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 40% over the next 5 years. This is better than it's past earnings growth rate of 15% per year. Meanwhile, the Data Processing Services industry is expected to see its earnings grow by 16% 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
605398 Shanghai New Centurion Network Information TechnologyCN„59.7743.0%
+CN„1.1b
-24.6%PE39.5x
948 Yunnan Nantian Electronics InformationLtdCN„17.6214.9%
+CN„872.9m
94.3%PE53.4x
603869 ENC Digital TechnologyCN„12.0816.2%
+CN„836.2m
7.6%PE30.3x
300678 Chengdu Information Technology of Chinese Academy of SciencesLtdCN„26.5010.2%
+CN„462.8m
37.7%PE168.7x
603138 Beijing Vastdata TechnologyCN„28.484.6%
+CN„354.1m
122.0%PE352.1x
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