Capitalonline Data Service Co., Ltd.'s (SZSE:300846) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 21
Chinese (SSE) Internet Services and Infrastructure Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies18
- 7D-1.6%
- 3M14.4%
- 1Y-20.3%
- YTDn/a
Over the last 7 days, the Internet Services and Infrastructure industry has dropped 1.6%, driven by a pullback from INESA Intelligent Tech of 6.3%. In contrast, Wangsu Science & TechnologyLtd has gained 9.5%. Overall the industry is down 20% in 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Chinese Internet Services and Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥189.1b | CN¥161.5b | CN¥3.9b | 40.5x | 48.4x | 1.2x |
| Wed, 20 Mar 2024 | CN¥159.4b | CN¥152.7b | CN¥774.8m | 54.4x | 205.8x | 1x |
| Fri, 16 Feb 2024 | CN¥128.1b | CN¥152.5b | CN¥731.1m | 41.4x | 175.2x | 0.8x |
| Sun, 14 Jan 2024 | CN¥143.3b | CN¥151.4b | CN¥680.3m | 54.1x | 210.6x | 0.9x |
| Tue, 12 Dec 2023 | CN¥161.6b | CN¥151.4b | CN¥678.8m | 52.4x | 238x | 1.1x |
| Thu, 09 Nov 2023 | CN¥158.4b | CN¥151.4b | CN¥678.8m | 40x | 233.3x | 1x |
| Sat, 07 Oct 2023 | CN¥149.7b | CN¥150.2b | CN¥592.0m | 44.7x | 252.9x | 1x |
| Mon, 04 Sep 2023 | CN¥158.5b | CN¥150.2b | CN¥592.0m | 46.1x | 267.7x | 1.1x |
| Wed, 02 Aug 2023 | CN¥150.3b | CN¥150.0b | CN¥171.3m | 54.2x | 877.3x | 1x |
| Fri, 30 Jun 2023 | CN¥160.5b | CN¥150.2b | CN¥203.8m | 57.9x | 787.9x | 1.1x |
| Sun, 28 May 2023 | CN¥154.1b | CN¥150.2b | CN¥180.3m | 58.6x | 854.7x | 1x |
| Tue, 25 Apr 2023 | CN¥170.0b | CN¥146.1b | -CN¥28,257,761.00 | 71.9x | -6014.7x | 1.2x |
| Thu, 23 Mar 2023 | CN¥168.8b | CN¥152.3b | CN¥2.0b | 74.9x | 85.9x | 1.1x |
| Sat, 18 Feb 2023 | CN¥140.6b | CN¥157.3b | CN¥1.7b | 59.5x | 83.6x | 0.9x |
| Mon, 16 Jan 2023 | CN¥123.9b | CN¥157.5b | CN¥1.6b | 48.9x | 77.1x | 0.8x |
| Wed, 14 Dec 2022 | CN¥120.4b | CN¥157.5b | CN¥1.6b | 47.6x | 75x | 0.8x |
| Fri, 11 Nov 2022 | CN¥122.5b | CN¥157.5b | CN¥1.6b | 43.7x | 76.3x | 0.8x |
| Sun, 09 Oct 2022 | CN¥99.2b | CN¥160.2b | CN¥1.6b | 38.2x | 63.3x | 0.6x |
| Tue, 06 Sep 2022 | CN¥112.4b | CN¥160.2b | CN¥1.6b | 43.1x | 71.6x | 0.7x |
| Thu, 04 Aug 2022 | CN¥116.4b | CN¥165.5b | CN¥1.4b | 43.8x | 86.2x | 0.7x |
| Sat, 02 Jul 2022 | CN¥117.0b | CN¥165.6b | CN¥1.4b | 42.3x | 84.9x | 0.7x |
| Mon, 30 May 2022 | CN¥110.4b | CN¥165.6b | CN¥1.4b | 37.4x | 80.1x | 0.7x |
| Wed, 27 Apr 2022 | CN¥98.0b | CN¥161.1b | CN¥1.9b | 40x | 50.6x | 0.6x |
| Fri, 25 Mar 2022 | CN¥122.9b | CN¥146.9b | CN¥1.3b | 54.5x | 93.7x | 0.8x |
| Sun, 20 Feb 2022 | CN¥130.9b | CN¥146.9b | CN¥1.4b | 48.5x | 93.2x | 0.9x |
| Tue, 18 Jan 2022 | CN¥135.2b | CN¥146.9b | CN¥1.4b | 58.7x | 96.3x | 0.9x |
| Thu, 16 Dec 2021 | CN¥121.1b | CN¥146.9b | CN¥1.4b | 48.7x | 86.2x | 0.8x |
| Sat, 13 Nov 2021 | CN¥117.6b | CN¥146.9b | CN¥1.4b | 50.9x | 83.7x | 0.8x |
| Mon, 11 Oct 2021 | CN¥112.9b | CN¥140.5b | CN¥1.4b | 49.9x | 81.1x | 0.8x |
| Wed, 08 Sep 2021 | CN¥125.0b | CN¥140.5b | CN¥1.4b | 54x | 89.8x | 0.9x |
| Fri, 06 Aug 2021 | CN¥125.5b | CN¥140.5b | CN¥1.4b | 61.8x | 90.2x | 0.9x |
| Mon, 10 May 2021 | CN¥117.6b | CN¥128.5b | CN¥2.1b | 47.7x | 56.2x | 0.9x |
Price to Earnings Ratio
56.2x
Current Industry PE
- Investors are pessimistic on the Chinese Internet Services and Infrastructure industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 48.4x which is lower than its 3-year average PE of 181x.
- The 3-year average PS ratio of 0.89x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Internet Services and Infrastructure industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 7.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Internet Services and Infrastructure compare with similar industries?
| CN Market | -0.40% | |
| Tech | -2.71% | |
| IT | -3.28% | |
| Internet Services and Infrastructure | -1.63% | |
| IT Consulting | -4.02% | |
| Data Processing Services | -14.14% | |
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 | |
|---|---|---|---|---|---|
| 300017 Wangsu Science & TechnologyLtd | CN¥9.27 | 5.2% +CN¥1.1b | 24.4% | PE36.6x | |
| 688228 UCAP Cloud Information TechnologyLtd | CN¥41.17 | 1.3% +CN¥34.1m | -18.6% | PE58.3x | |
| 688316 QingCloud Technologies | CN¥31.00 | 0.6% +CN¥9.1m | -43.0% | PS4.4x |
