Taiji Computer Corporation Limited Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
Apr 21
Chinese (SSE) IT Consulting Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies77
- 7D-4.0%
- 3M-4.6%
- 1Y-28.6%
- YTDn/a
Over the last 7 days, the IT Consulting industry has dropped 4.0%, and iSoftStone Information Technology (Group) contributed the most with a 2.0% decline. On the other hand Northking Information Technology is actually up 12%. The industry has fallen 29% in the last year. As for the next few years, earnings are expected to grow by 34% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥406.1b | CN¥190.0b | CN¥4.8b | 49.4x | 83.7x | 2.1x |
| Wed, 20 Mar 2024 | CN¥490.5b | CN¥188.0b | CN¥4.0b | 59.7x | 123.5x | 2.6x |
| Fri, 16 Feb 2024 | CN¥387.4b | CN¥186.6b | CN¥3.7b | 45.7x | 105.5x | 2.1x |
| Sun, 14 Jan 2024 | CN¥480.8b | CN¥186.3b | CN¥3.5b | 63.8x | 137.3x | 2.6x |
| Tue, 12 Dec 2023 | CN¥549.2b | CN¥185.7b | CN¥3.4b | 69.2x | 160.8x | 3x |
| Thu, 09 Nov 2023 | CN¥536.3b | CN¥185.7b | CN¥3.4b | 69.3x | 157x | 2.9x |
| Sat, 07 Oct 2023 | CN¥515.4b | CN¥188.0b | CN¥4.2b | 61.2x | 122x | 2.7x |
| Mon, 04 Sep 2023 | CN¥530.9b | CN¥188.0b | CN¥4.3b | 61.4x | 124.8x | 2.8x |
| Wed, 02 Aug 2023 | CN¥528.8b | CN¥188.4b | CN¥5.6b | 58.5x | 93.7x | 2.8x |
| Fri, 30 Jun 2023 | CN¥554.4b | CN¥188.7b | CN¥5.6b | 58.9x | 98.7x | 2.9x |
| Sun, 28 May 2023 | CN¥514.6b | CN¥186.4b | CN¥5.5b | 54.3x | 93.4x | 2.8x |
| Tue, 25 Apr 2023 | CN¥556.5b | CN¥182.9b | CN¥1.1b | 61.7x | 506.2x | 3x |
| Thu, 23 Mar 2023 | CN¥528.2b | CN¥183.3b | CN¥1.7b | 57.4x | 305.8x | 2.9x |
| Sat, 18 Feb 2023 | CN¥470.5b | CN¥181.2b | CN¥903.0m | 49.2x | 521.1x | 2.6x |
| Mon, 16 Jan 2023 | CN¥410.3b | CN¥177.6b | CN¥670.4m | 44.7x | 611.9x | 2.3x |
| Wed, 14 Dec 2022 | CN¥407.6b | CN¥177.6b | CN¥670.4m | 45.3x | 607.9x | 2.3x |
| Fri, 11 Nov 2022 | CN¥424.5b | CN¥177.1b | CN¥672.7m | 48.9x | 631.1x | 2.4x |
| Sun, 09 Oct 2022 | CN¥323.6b | CN¥173.3b | CN¥1.4b | 41.6x | 224.4x | 1.9x |
| Tue, 06 Sep 2022 | CN¥361.2b | CN¥173.5b | CN¥1.3b | 43x | 276.8x | 2.1x |
| Thu, 04 Aug 2022 | CN¥367.6b | CN¥174.7b | CN¥2.4b | 41.5x | 153.2x | 2.1x |
| Sat, 02 Jul 2022 | CN¥367.2b | CN¥173.4b | CN¥2.3b | 43.9x | 160.2x | 2.1x |
| Mon, 30 May 2022 | CN¥343.1b | CN¥173.2b | CN¥2.3b | 41.6x | 150.4x | 2x |
| Wed, 27 Apr 2022 | CN¥286.4b | CN¥154.0b | CN¥3.1b | 36x | 91.2x | 1.9x |
| Fri, 25 Mar 2022 | CN¥398.8b | CN¥151.5b | CN¥1.8b | 44.9x | 227.1x | 2.6x |
| Sun, 20 Feb 2022 | CN¥423.5b | CN¥148.7b | CN¥1.6b | 50.5x | 263.8x | 2.8x |
| Tue, 18 Jan 2022 | CN¥455.8b | CN¥149.4b | CN¥1.7b | 54.5x | 267x | 3.1x |
| Thu, 16 Dec 2021 | CN¥394.1b | CN¥148.1b | CN¥1.4b | 49.8x | 277.7x | 2.7x |
| Sat, 13 Nov 2021 | CN¥380.6b | CN¥148.9b | CN¥1.5b | 51.3x | 261.2x | 2.6x |
| Mon, 11 Oct 2021 | CN¥370.3b | CN¥144.0b | CN¥1.4b | 44.2x | 260.1x | 2.6x |
| Wed, 08 Sep 2021 | CN¥378.7b | CN¥144.0b | CN¥1.4b | 47.3x | 266x | 2.6x |
| Fri, 06 Aug 2021 | CN¥359.3b | CN¥144.1b | CN¥1.5b | 44.5x | 246.6x | 2.5x |
| Mon, 10 May 2021 | CN¥337.0b | CN¥138.4b | CN¥1.2b | 42.7x | 273.6x | 2.4x |
Price to Earnings Ratio
273.6x
Current Industry PE
- Investors are pessimistic on the Chinese IT Consulting and Other Services 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 83.7x which is lower than its 3-year average PE of 253x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 58% per year over the last three years.
- Revenues for these companies have grown 11% 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 IT Consulting compare with similar industries?
| CN Market | -0.40% | |
| Tech | -2.71% | |
| IT | -3.28% | |
| IT Consulting | -4.02% | |
| Internet Services and Infrastructure | -1.63% | |
| 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 | |
|---|---|---|---|---|---|
| 301179 Jiangsu Zeyu Intelligent PowerLtd | CN¥22.30 | 8.0% +CN¥394.6m | -24.9% | PE20.8x | |
| 2368 Taiji Computer | CN¥23.57 | 2.5% +CN¥355.2m | -47.5% | PE39.1x | |
| 2401 COSCO SHIPPING Technology | CN¥16.39 | 4.9% +CN¥286.4m | -29.2% | PE32.3x | |
| 300542 Brilliance Technology | CN¥11.32 | 8.8% +CN¥274.7m | -12.5% | PE146.4x | |
| 301172 Sichuan Joyou Digital TechnologiesLtd | CN¥30.04 | 7.2% +CN¥247.6m | n/a | PE58.4x |
