Chinese (SSE) Semiconductors Industry Analysis
UpdatedDec 04, 2022
DataAggregated Company Financials
Companies174
- 7D0.9%
- 3M-6.7%
- 1Y-28.2%
- YTD-19.0%
The Semiconductors is pretty flat in the last 7 days, but LONGi Green Energy Technology has stood out, gaining 4.9%. Unfortunately though, the industry is down 28% over the past 12 months. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Chinese Semiconductors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | CN„4.4t | CN„972.7b | CN„102.2b | 54.1x | 43.3x | 4.6x |
| Tue, 01 Nov 2022 | CN„4.3t | CN„966.5b | CN„100.6b | 53.3x | 43.1x | 4.5x |
| Thu, 29 Sep 2022 | CN„4.3t | CN„878.6b | CN„95.6b | 48.1x | 45x | 4.9x |
| Sat, 27 Aug 2022 | CN„4.6t | CN„754.6b | CN„82.6b | 53.8x | 56.3x | 6.2x |
| Mon, 25 Jul 2022 | CN„4.5t | CN„772.2b | CN„82.6b | 53.5x | 54.3x | 5.8x |
| Wed, 22 Jun 2022 | CN„4.3t | CN„769.8b | CN„82.5b | 50.8x | 51.9x | 5.6x |
| Fri, 20 May 2022 | CN„4.0t | CN„763.7b | CN„81.3b | 47.9x | 49.3x | 5.3x |
| Sun, 17 Apr 2022 | CN„3.6t | CN„692.1b | CN„72.4b | 51.6x | 49.9x | 5.2x |
| Tue, 15 Mar 2022 | CN„4.2t | CN„679.1b | CN„69.5b | 61.9x | 61x | 6.2x |
| Thu, 10 Feb 2022 | CN„4.1t | CN„648.7b | CN„63.6b | 64.7x | 64.7x | 6.3x |
| Sat, 08 Jan 2022 | CN„4.3t | CN„611.8b | CN„63.2b | 71x | 68.4x | 7.1x |
| Mon, 06 Dec 2021 | CN„4.8t | CN„606.3b | CN„62.2b | 81x | 76.7x | 7.9x |
| Wed, 03 Nov 2021 | CN„4.5t | CN„606.0b | CN„62.1b | 112.8x | 73.1x | 7.5x |
| Fri, 01 Oct 2021 | CN„4.2t | CN„550.0b | CN„53.4b | 72.6x | 78.1x | 7.6x |
| Sun, 29 Aug 2021 | CN„4.6t | CN„551.8b | CN„53.5b | 81.1x | 86.3x | 8.4x |
| Mon, 05 Jul 2021 | CN„3.8t | CN„535.6b | CN„49.4b | 69.8x | 77.8x | 7.2x |
| Thu, 08 Apr 2021 | CN„2.6t | CN„483.8b | CN„42.2b | 58.5x | 61.9x | 5.4x |
| Sun, 10 Jan 2021 | CN„3.0t | CN„436.5b | CN„36.2b | 81.2x | 82.7x | 6.9x |
| Sat, 03 Oct 2020 | CN„2.6t | CN„401.4b | CN„31.1b | 68.7x | 82.7x | 6.4x |
| Tue, 07 Jul 2020 | CN„2.2t | CN„373.2b | CN„26.2b | 74.3x | 86x | 6x |
| Fri, 10 Apr 2020 | CN„1.5t | CN„329.6b | CN„20.9b | 73.2x | 74x | 4.7x |
| Thu, 02 Jan 2020 | CN„1.3t | CN„318.7b | CN„18.9b | 77.3x | 71x | 4.2x |
Price to Earnings Ratio
71x
Current Industry PE
- Investors are pessimistic on the Chinese Semiconductor 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 43.3x which is lower than its 3-year average PE of 73.5x.
- The 3-year average PS ratio of 6.2x is higher than the industry's current PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have grown 76% per year over the last three years.
- Revenues for these companies have grown 45% 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 | 2.50% | |
| Tech | 1.62% | |
| Semiconductors | 0.94% | |
| Semiconductors | 1.43% | |
| Semiconductor Equipment | -0.17% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry even though it's trading below its 3-year average PE ratio of 73.2x.
- Analysts are expecting annual earnings growth of 34.4%, which is higher than its past year's earnings growth of 19.4% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, which is trading below its 3-year average of 78.8x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings growth rate of 19% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| 601012 LONGi Green Energy Technology | CN„47.98 | 4.9% +CN„17.1b | -18.3% | PE29.1x | |
| 2459 JA Solar Technology | CN„58.79 | 5.1% +CN„6.8b | -4.5% | PE34.5x | |
| 688599 Trina Solar | CN„67.31 | 3.6% +CN„5.0b | -5.9% | PE47.9x | |
| 603688 Jiangsu Pacific Quartz | CN„132.49 | 8.3% +CN„3.7b | 117.6% | PE70.9x | |
| 688303 Xinjiang Daqo New EnergyLtd | CN„53.94 | 2.3% +CN„2.6b | -12.7% | PE7.1x |