Brilliance Technology (SZSE:300542) Might Have The Makings Of A Multi-Bagger
Aug 01
Chinese (SSE) IT Industry Analysis
UpdatedAug 02, 2024
DataAggregated Company Financials
Companies94
- 7D6.3%
- 3M-15.4%
- 1Y-25.7%
- YTD-23.2%
Over the last 7 days, the IT industry has risen 6.3%, and Brilliance Technology contributed the most with a gain of 19%. However, the industry is down 26% over the past year. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Chinese IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 02 Aug 2024 | CN¥542.5b | CN¥349.2b | CN¥4.5b | 42.2x | 121.6x | 1.6x |
| Sun, 30 Jun 2024 | CN¥544.6b | CN¥349.1b | CN¥4.4b | 44.1x | 124.4x | 1.6x |
| Tue, 28 May 2024 | CN¥591.5b | CN¥348.9b | CN¥4.4b | 48.1x | 134.5x | 1.7x |
| Thu, 25 Apr 2024 | CN¥619.9b | CN¥350.8b | CN¥8.4b | 47.2x | 73.8x | 1.8x |
| Sat, 23 Mar 2024 | CN¥666.3b | CN¥340.8b | CN¥4.7b | 59.7x | 140.6x | 2x |
| Mon, 19 Feb 2024 | CN¥515.5b | CN¥339.1b | CN¥4.4b | 42.6x | 117.1x | 1.5x |
| Wed, 17 Jan 2024 | CN¥617.3b | CN¥337.7b | CN¥4.2b | 56.7x | 147.6x | 1.8x |
| Fri, 15 Dec 2023 | CN¥704.6b | CN¥337.4b | CN¥4.1b | 65.7x | 170.7x | 2.1x |
| Sun, 12 Nov 2023 | CN¥683.0b | CN¥337.1b | CN¥4.1b | 65.3x | 166.8x | 2x |
| Tue, 10 Oct 2023 | CN¥670.2b | CN¥338.2b | CN¥4.8b | 57.6x | 139.1x | 2x |
| Thu, 07 Sep 2023 | CN¥693.2b | CN¥338.2b | CN¥4.8b | 61.8x | 143.1x | 2x |
| Sat, 05 Aug 2023 | CN¥701.2b | CN¥338.4b | CN¥5.8b | 58.4x | 120.5x | 2.1x |
| Mon, 03 Jul 2023 | CN¥720.5b | CN¥338.9b | CN¥5.8b | 59.3x | 123.7x | 2.1x |
| Wed, 31 May 2023 | CN¥697.5b | CN¥336.6b | CN¥5.7b | 59.9x | 121.9x | 2.1x |
| Fri, 28 Apr 2023 | CN¥655.3b | CN¥335.3b | CN¥1.6b | 57.5x | 408.5x | 2x |
| Sun, 26 Mar 2023 | CN¥715.4b | CN¥335.5b | CN¥3.7b | 60.1x | 193.7x | 2.1x |
| Tue, 21 Feb 2023 | CN¥665.1b | CN¥350.4b | CN¥3.2b | 55.1x | 206.3x | 1.9x |
| Thu, 19 Jan 2023 | CN¥592.3b | CN¥351.4b | CN¥3.2b | 46.6x | 184x | 1.7x |
| Sat, 17 Dec 2022 | CN¥562.5b | CN¥351.4b | CN¥3.2b | 45.3x | 174.8x | 1.6x |
| Mon, 14 Nov 2022 | CN¥583.8b | CN¥351.6b | CN¥3.3b | 47.9x | 176.4x | 1.7x |
| Wed, 12 Oct 2022 | CN¥459.3b | CN¥349.4b | CN¥4.2b | 39.7x | 110x | 1.3x |
| Fri, 09 Sep 2022 | CN¥504.4b | CN¥349.3b | CN¥4.1b | 42.1x | 122.7x | 1.4x |
| Sun, 07 Aug 2022 | CN¥549.6b | CN¥356.3b | CN¥5.3b | 44.7x | 104x | 1.5x |
| Tue, 05 Jul 2022 | CN¥516.8b | CN¥351.4b | CN¥5.0b | 42.5x | 103.7x | 1.5x |
| Thu, 02 Jun 2022 | CN¥491.5b | CN¥351.3b | CN¥5.0b | 40.2x | 98.1x | 1.4x |
| Sat, 30 Apr 2022 | CN¥436.8b | CN¥333.9b | CN¥5.0b | 37.1x | 87.9x | 1.3x |
| Mon, 28 Mar 2022 | CN¥573.9b | CN¥319.9b | CN¥1.9b | 44.6x | 299.6x | 1.8x |
| Wed, 23 Feb 2022 | CN¥649.6b | CN¥317.1b | CN¥1.9b | 49x | 349.6x | 2x |
| Fri, 21 Jan 2022 | CN¥670.2b | CN¥317.4b | CN¥1.9b | 52.3x | 351.1x | 2.1x |
| Sun, 19 Dec 2021 | CN¥584.0b | CN¥316.5b | CN¥1.7b | 46.6x | 349.3x | 1.8x |
| Tue, 16 Nov 2021 | CN¥570.8b | CN¥317.3b | CN¥1.7b | 50.8x | 333.8x | 1.8x |
| Thu, 14 Oct 2021 | CN¥541.9b | CN¥306.1b | CN¥2.0b | 42.5x | 266.1x | 1.8x |
| Sat, 11 Sep 2021 | CN¥564.0b | CN¥305.9b | CN¥2.0b | 44.5x | 287.2x | 1.8x |
| Mon, 09 Aug 2021 | CN¥544.2b | CN¥305.7b | CN¥2.0b | 44.5x | 272.7x | 1.8x |
Price to Earnings Ratio
272.7x
Current Industry PE
- Investors are pessimistic on the Chinese IT 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 122x which is lower than its 3-year average PE of 192x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 31% per year over the last three years.
- Revenues for these companies have grown 4.5% 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 Market | 2.95% | |
| Tech | 4.82% | |
| IT | 6.30% | |
| IT Consulting | 6.68% | |
| Internet Services and Infrastructure | 5.45% | |
| Data Processing Services | 0.16% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 178x.
- Analysts are expecting annual earnings growth of 21.4%, which is higher than its past year's earnings growth of 17.1% per year.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings decline of 7.5% per year.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300348 Shenzhen Sunline Tech | CN¥7.61 | 3.0% +CN¥718.0m | -30.8% | PE179.7x | |
| 300542 Brilliance Technology | CN¥13.70 | 18.6% +CN¥641.9m | 11.7% | PE138.6x | |
| 300287 Beijing Philisense Technology | CN¥2.64 | 20.0% +CN¥631.5m | -40.7% | PS5.6x | |
| 300383 Beijing Sinnet TechnologyLtd | CN¥8.19 | 4.3% +CN¥611.2m | -23.0% | PE38.9x | |
| 002373 China Transinfo Technology | CN¥8.69 | 4.6% +CN¥597.7m | -34.7% | PE41.8x |
