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Chinese (SSE) Semiconductors Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies214
- 7D-2.5%
- 3M45.9%
- 1Y5.9%
- YTD9.6%
Over the last 7 days, the Semiconductors industry has dropped 2.5%, driven by Will Semiconductor declining 7.5%. On the other hand Cambricon Technologies is actually up 8.4%. In the past year, the industry has gained 5.9%. Earnings are forecast to grow by 48% 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, 24 Nov 2024 | CN¥4.6t | CN¥1.3t | CN¥15.9b | 61.1x | 288.1x | 3.5x |
| Tue, 22 Oct 2024 | CN¥4.6t | CN¥1.4t | CN¥41.9b | 67.6x | 108.7x | 3.3x |
| Thu, 19 Sep 2024 | CN¥3.0t | CN¥1.4t | CN¥41.4b | 44x | 72.3x | 2.2x |
| Sat, 17 Aug 2024 | CN¥3.3t | CN¥1.4t | CN¥77.9b | 45.7x | 42.6x | 2.3x |
| Mon, 15 Jul 2024 | CN¥3.4t | CN¥1.4t | CN¥76.6b | 49.1x | 44.9x | 2.4x |
| Wed, 12 Jun 2024 | CN¥3.5t | CN¥1.4t | CN¥76.6b | 52.1x | 46.2x | 2.5x |
| Fri, 10 May 2024 | CN¥3.7t | CN¥1.4t | CN¥77.1b | 52.7x | 47.8x | 2.6x |
| Sun, 07 Apr 2024 | CN¥3.7t | CN¥1.5t | CN¥124.4b | 52.3x | 29.6x | 2.5x |
| Tue, 05 Mar 2024 | CN¥3.9t | CN¥1.5t | CN¥123.5b | 55.7x | 31.8x | 2.7x |
| Thu, 01 Feb 2024 | CN¥3.3t | CN¥1.4t | CN¥124.6b | 47.8x | 26.2x | 2.3x |
| Sat, 30 Dec 2023 | CN¥4.2t | CN¥1.4t | CN¥124.1b | 68.3x | 33.8x | 2.9x |
| Mon, 27 Nov 2023 | CN¥4.2t | CN¥1.4t | CN¥123.1b | 69.1x | 34.1x | 3x |
| Wed, 25 Oct 2023 | CN¥4.1t | CN¥1.4t | CN¥136.0b | 65.6x | 30x | 2.9x |
| Fri, 22 Sep 2023 | CN¥4.1t | CN¥1.4t | CN¥136.8b | 66.6x | 30.2x | 2.9x |
| Sun, 20 Aug 2023 | CN¥4.3t | CN¥1.4t | CN¥134.8b | 64.4x | 31.7x | 3.1x |
| Tue, 18 Jul 2023 | CN¥4.9t | CN¥1.3t | CN¥139.5b | 68.9x | 34.9x | 3.6x |
| Thu, 15 Jun 2023 | CN¥4.9t | CN¥1.3t | CN¥140.0b | 70.3x | 35.1x | 3.7x |
| Sat, 13 May 2023 | CN¥4.6t | CN¥1.3t | CN¥137.9b | 61.2x | 33.5x | 3.6x |
| Mon, 10 Apr 2023 | CN¥5.4t | CN¥1.2t | CN¥130.8b | 71.8x | 40.9x | 4.6x |
| Wed, 08 Mar 2023 | CN¥4.9t | CN¥1.1t | CN¥129.3b | 60.2x | 37.7x | 4.3x |
| Fri, 03 Feb 2023 | CN¥4.7t | CN¥982.5b | CN¥103.3b | 56.3x | 45.4x | 4.8x |
| Sun, 01 Jan 2023 | CN¥4.2t | CN¥981.9b | CN¥103.3b | 49.8x | 40.7x | 4.3x |
| Tue, 29 Nov 2022 | CN¥4.3t | CN¥971.0b | CN¥101.7b | 52.9x | 42.4x | 4.4x |
| Thu, 27 Oct 2022 | CN¥4.4t | CN¥891.6b | CN¥97.4b | 51x | 45.4x | 5x |
| Sat, 24 Sep 2022 | CN¥4.3t | CN¥877.5b | CN¥95.3b | 49.3x | 45.4x | 4.9x |
| Mon, 22 Aug 2022 | CN¥5.0t | CN¥798.0b | CN¥89.1b | 56.8x | 56x | 6.3x |
| Wed, 20 Jul 2022 | CN¥4.5t | CN¥772.2b | CN¥82.6b | 53.8x | 53.9x | 5.8x |
| Fri, 17 Jun 2022 | CN¥4.2t | CN¥769.8b | CN¥82.5b | 49.5x | 51.3x | 5.5x |
| Sun, 15 May 2022 | CN¥3.8t | CN¥763.6b | CN¥81.3b | 44.8x | 46.4x | 4.9x |
| Tue, 12 Apr 2022 | CN¥3.6t | CN¥686.0b | CN¥71.7b | 55.8x | 50.2x | 5.3x |
| Thu, 10 Mar 2022 | CN¥4.3t | CN¥671.1b | CN¥67.0b | 64.5x | 64.5x | 6.4x |
| Sat, 05 Feb 2022 | CN¥4.2t | CN¥648.7b | CN¥63.6b | 63.2x | 65.5x | 6.4x |
| Mon, 03 Jan 2022 | CN¥4.7t | CN¥611.8b | CN¥63.2b | 76.5x | 74.6x | 7.7x |
| Wed, 01 Dec 2021 | CN¥4.8t | CN¥606.0b | CN¥62.1b | 79x | 77x | 7.9x |
Price to Earnings Ratio
77x
Current Industry PE
- Investors are optimistic on the Chinese Semiconductor industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 288x which is higher than its 3-year average PE of 51.1x.
- The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have declined 36% per year over the last three years.
- Meanwhile revenues for these companies have grown 29% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Tech industry?
| CN Market | -2.14% | |
| Tech | -3.19% | |
| Semiconductors | -2.46% | |
| Semiconductors | -2.39% | |
| Semiconductor Equipment | -2.64% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 415x.
- Analysts are expecting annual earnings growth of 52.2%, which is higher than its past year's earnings growth of 11.1% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 36.4x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 38% 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 | |
|---|---|---|---|---|---|
| 688256 Cambricon Technologies | CN¥492.00 | 8.4% +CN¥16.0b | 246.3% | PS274.1x | |
| 688041 Hygon Information Technology | CN¥123.90 | 1.6% +CN¥4.6b | 95.3% | PE152.6x | |
| 688047 Loongson Technology | CN¥144.78 | 4.9% +CN¥2.7b | 56.5% | PS138.3x | |
| 600206 Grinm Advanced Materials | CN¥23.38 | 12.1% +CN¥2.1b | 81.8% | PE98.3x | |
| 688072 Piotech | CN¥190.10 | 3.3% +CN¥1.7b | 20.0% | PE79.5x |
