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Chinese (SSE) IT Industry Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies95
  • 7D3.6%
  • 3M23.3%
  • 1Y58.8%
  • YTD37.9%

In the last week, the IT industry is up 3.6%, with INESA Intelligent Tech up 17%. In the same time, Merit InteractiveLtd was down 8.4%. This takes the industry's 12 month performance to a gain of 59%. As for the next few years, earnings are expected to grow by 33% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sun, 25 Jun 2023CN¥767.0bCN¥339.0bCN¥5.8b61.5x131.7x2.3x
Tue, 23 May 2023CN¥668.1bCN¥336.6bCN¥5.7b55.8x117.4x2x
Thu, 20 Apr 2023CN¥753.4bCN¥335.6bCN¥3.0b65x250.5x2.2x
Sat, 18 Mar 2023CN¥713.8bCN¥351.0bCN¥3.3b64.6x216.4x2x
Mon, 13 Feb 2023CN¥666.2bCN¥350.4bCN¥3.2b54x206.6x1.9x
Wed, 11 Jan 2023CN¥586.2bCN¥351.4bCN¥3.2b44.3x182.2x1.7x
Fri, 09 Dec 2022CN¥577.0bCN¥351.4bCN¥3.3b46.1x177.1x1.6x
Sun, 06 Nov 2022CN¥579.1bCN¥350.8bCN¥3.0b47.8x191.8x1.7x
Tue, 04 Oct 2022CN¥456.8bCN¥349.4bCN¥4.2b39.3x109.4x1.3x
Thu, 01 Sep 2022CN¥506.8bCN¥353.7bCN¥4.1b41.9x123.9x1.4x
Sat, 30 Jul 2022CN¥533.3bCN¥352.8bCN¥5.1b43.8x104.3x1.5x
Mon, 27 Jun 2022CN¥515.8bCN¥351.5bCN¥5.0b42.2x102.8x1.5x
Wed, 25 May 2022CN¥465.2bCN¥351.1bCN¥5.1b38.7x91.5x1.3x
Fri, 22 Apr 2022CN¥482.1bCN¥327.8b-CN¥304,139,220.0042.3x-1585.1x1.5x
Sun, 20 Mar 2022CN¥600.2bCN¥319.3bCN¥1.9b45.4x318.3x1.9x
Price to Earnings Ratio

318.3x


Total Market Cap: CN¥600.2bTotal Earnings: CN¥1.9bTotal Revenue: CN¥319.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese IT Industry Price to Earnings3Y Average 157.7x202320242025
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 178x which is higher than its 3-year average PE of 158x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 4.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

CN Market1.64%
Tech1.77%
IT3.60%
Internet Services and Infrastructure4.53%
IT Consulting3.08%
Data Processing Services2.16%
Industry PE
  • Investors are most optimistic about the Data Processing Services industry which is trading above its 3-year average PE ratio of 155x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Internet Services and Infrastructure industry, which is trading below its 3-year average of 170x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 8.1% per year.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 28% 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
002093 Guomai TechnologiesCN¥13.2746.6%
+CN¥4.2b
85.3%PE80.3x
300895 Beijing Topnew Info & TechCN¥67.8239.6%
+CN¥2.7b
110.1%PS40.7x
603206 Bestlink TechnologiesLtdCN¥24.5631.5%
+CN¥1.8b
56.5%PE49.9x
600602 INESA Intelligent TechCN¥26.005.3%
+CN¥1.8b
106.3%PE182.5x
603881 Shanghai @hubLtdCN¥41.736.0%
+CN¥1.4b
184.8%PE197.6x
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Latest News

603206

CN¥24.56

Bestlink TechnologiesLtd

7D

31.5%

1Y

56.5%

002093

CN¥13.27

Guomai Technologies

7D

46.6%

1Y

85.3%

600589

CN¥8.24

Dawei Technology (Guangdong) Group

7D

13.2%

1Y

97.1%

300525

CN¥19.42

Fujian Boss Software

7D

-10.3%

1Y

41.2%

688158

CN¥28.09

UCloud Technology

7D

-11.9%

1Y

109.2%

600602

CN¥26.00

INESA Intelligent Tech

7D

5.3%

1Y

106.3%

300442

CN¥64.40

Range Intelligent Computing Technology Group

7D

-5.6%

1Y

167.6%

002065

CN¥11.90

DHC SoftwareLtd

7D

-5.1%

1Y

104.8%

300895

CN¥67.82

Beijing Topnew Info & Tech

7D

39.6%

1Y

110.1%

603881

CN¥41.73

Shanghai @hubLtd

7D

6.0%

1Y

184.8%

600289

CN¥6.84

Bright Oceans Inter-Telecom

7D

22.4%

1Y

350.0%