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Nov 14
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Chinese (SSE) IT Consulting Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies77
- 7D-6.4%
- 3M69.8%
- 1Y4.6%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 8.5%, driven by iSoftStone Information Technology (Group) declining 10%. In contrast, Eastone Century TechnologyLtd has gained 16%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the Chinese IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥583.9b | CN¥193.4b | CN¥1.4b | 76.6x | 420.5x | 3x |
| Sat, 19 Oct 2024 | CN¥572.6b | CN¥189.3b | -CN¥115,054,690.00 | 74.3x | -4976.6x | 3x |
| Mon, 16 Sep 2024 | CN¥360.5b | CN¥188.9b | -CN¥227,584,178.00 | 47.7x | -1583.9x | 1.9x |
| Wed, 14 Aug 2024 | CN¥349.2b | CN¥185.4b | -CN¥213,534,144.00 | 39.3x | -1635.2x | 1.9x |
| Fri, 12 Jul 2024 | CN¥374.5b | CN¥185.6b | -CN¥73,197,097.00 | 44x | -5116.6x | 2x |
| Sun, 09 Jun 2024 | CN¥375.7b | CN¥185.5b | -CN¥60,437,246.00 | 45.1x | -6217x | 2x |
| Tue, 07 May 2024 | CN¥440.6b | CN¥185.6b | CN¥83.7m | 51.6x | 5265.8x | 2.4x |
| Thu, 04 Apr 2024 | CN¥448.4b | CN¥188.9b | CN¥4.0b | 56.2x | 111.8x | 2.4x |
| Sat, 02 Mar 2024 | CN¥464.1b | CN¥187.9b | CN¥4.1b | 55.8x | 114.2x | 2.5x |
| Mon, 29 Jan 2024 | CN¥450.1b | CN¥186.3b | CN¥3.5b | 54.3x | 128.5x | 2.4x |
| Wed, 27 Dec 2023 | CN¥488.7b | CN¥186.0b | CN¥3.4b | 61.3x | 141.8x | 2.6x |
| Fri, 24 Nov 2023 | CN¥556.2b | CN¥185.7b | CN¥3.4b | 72x | 162.8x | 3x |
| Sun, 22 Oct 2023 | CN¥495.0b | CN¥188.0b | CN¥4.2b | 61.1x | 116.8x | 2.6x |
| Tue, 19 Sep 2023 | CN¥507.4b | CN¥188.0b | CN¥4.3b | 59.4x | 119.3x | 2.7x |
| Thu, 17 Aug 2023 | CN¥532.9b | CN¥188.8b | CN¥4.5b | 61x | 118x | 2.8x |
| Sat, 15 Jul 2023 | CN¥546.4b | CN¥187.7b | CN¥5.6b | 59x | 98.3x | 2.9x |
| Mon, 12 Jun 2023 | CN¥558.7b | CN¥185.9b | CN¥5.4b | 61.8x | 102.9x | 3x |
| Wed, 10 May 2023 | CN¥533.5b | CN¥185.0b | CN¥5.3b | 60x | 100.9x | 2.9x |
| Fri, 07 Apr 2023 | CN¥561.4b | CN¥183.3b | CN¥1.7b | 56.3x | 325x | 3.1x |
| Sun, 05 Mar 2023 | CN¥499.8b | CN¥181.2b | CN¥742.8m | 52.5x | 672.9x | 2.8x |
| Tue, 31 Jan 2023 | CN¥447.8b | CN¥177.6b | CN¥670.4m | 48.3x | 667.8x | 2.5x |
| Thu, 29 Dec 2022 | CN¥381.8b | CN¥177.6b | CN¥670.4m | 42.1x | 569.5x | 2.1x |
| Sat, 26 Nov 2022 | CN¥418.5b | CN¥178.4b | CN¥799.1m | 44.5x | 523.7x | 2.3x |
| Mon, 24 Oct 2022 | CN¥385.7b | CN¥174.5b | CN¥1.6b | 45.6x | 246.6x | 2.2x |
| Wed, 21 Sep 2022 | CN¥338.4b | CN¥173.3b | CN¥1.4b | 39.3x | 234.7x | 2x |
| Fri, 19 Aug 2022 | CN¥388.4b | CN¥174.1b | CN¥2.2b | 44.6x | 179.7x | 2.2x |
| Sun, 17 Jul 2022 | CN¥353.5b | CN¥173.7b | CN¥2.3b | 45.9x | 154.3x | 2x |
| Tue, 14 Jun 2022 | CN¥360.5b | CN¥173.4b | CN¥2.3b | 43.1x | 157.3x | 2.1x |
| Thu, 12 May 2022 | CN¥319.8b | CN¥155.9b | CN¥1.4b | 41.5x | 230.3x | 2.1x |
| Sat, 09 Apr 2022 | CN¥371.9b | CN¥151.4b | CN¥621.8m | 43.1x | 598.1x | 2.5x |
| Mon, 07 Mar 2022 | CN¥424.6b | CN¥149.1b | CN¥1.5b | 49.1x | 281.6x | 2.8x |
| Wed, 02 Feb 2022 | CN¥400.2b | CN¥148.7b | CN¥1.6b | 46x | 249.6x | 2.7x |
| Fri, 31 Dec 2021 | CN¥399.7b | CN¥148.1b | CN¥1.4b | 48.8x | 281.6x | 2.7x |
| Sun, 28 Nov 2021 | CN¥385.1b | CN¥148.9b | CN¥1.5b | 52.3x | 264.3x | 2.6x |
Price to Earnings Ratio
264.3x
Current Industry PE
- Investors are optimistic on the Chinese IT Consulting and Other Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 406x which is higher than its 3-year average PE of -2kx.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 9.1% 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 IT Consulting compare with similar industries?
| CN Market | -3.39% | |
| Tech | -6.40% | |
| IT | -6.95% | |
| IT Consulting | -6.39% | |
| Data Processing Services | -2.48% | |
| Internet Services and Infrastructure | -8.34% | |
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 | |
|---|---|---|---|---|---|
| 300310 Eastone Century TechnologyLtd | CN¥11.16 | 23.2% +CN¥1.9b | 107.8% | PE151.6x | |
| 300168 Wonders Information | CN¥9.50 | 14.2% +CN¥1.7b | -1.0% | PS7.3x | |
| 600288 Daheng New Epoch Technology | CN¥10.64 | 21.6% +CN¥825.6m | -16.1% | PS2.4x | |
| 002184 Shanghai Hi-Tech Control System | CN¥13.22 | 20.1% +CN¥777.7m | -13.0% | PS1.7x | |
| 600410 Beijing Teamsun TechnologyLtd | CN¥6.29 | 7.9% +CN¥504.4m | -19.4% | PS1.6x |
