KINGSEMI (SHSE:688037) Has A Somewhat Strained Balance Sheet
Jul 26
Chinese (SSE) Semiconductor Equipment Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies55
- 7D-5.4%
- 3M-7.6%
- 1Y-32.5%
- YTDn/a
Over the last 7 days, the Semiconductor Equipment industry has dropped 2.4%, driven by a pullback from NAURA Technology Group of 4.3%. Meanwhile, SICC actually outperformed within the industry, gaining 6.0% in the last week. However, the industry is down 33% over the past year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Semiconductor Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥943.2b | CN¥273.7b | CN¥35.4b | 45.4x | 26.7x | 3.4x |
| Sun, 23 Jun 2024 | CN¥1.0t | CN¥273.7b | CN¥35.4b | 52.1x | 29.2x | 3.8x |
| Tue, 21 May 2024 | CN¥1.0t | CN¥273.7b | CN¥35.4b | 49.7x | 28.7x | 3.7x |
| Thu, 18 Apr 2024 | CN¥1.0t | CN¥280.4b | CN¥47.7b | 46.9x | 21.5x | 3.7x |
| Sat, 16 Mar 2024 | CN¥1.1t | CN¥274.7b | CN¥46.6b | 51.2x | 23.7x | 4x |
| Mon, 12 Feb 2024 | CN¥984.9b | CN¥269.2b | CN¥49.2b | 47.3x | 20x | 3.7x |
| Wed, 10 Jan 2024 | CN¥1.1t | CN¥269.2b | CN¥49.2b | 56.9x | 22x | 4x |
| Fri, 08 Dec 2023 | CN¥1.1t | CN¥268.9b | CN¥49.2b | 62x | 23.2x | 4.2x |
| Sun, 05 Nov 2023 | CN¥1.2t | CN¥261.6b | CN¥48.2b | 65.2x | 24.7x | 4.5x |
| Tue, 03 Oct 2023 | CN¥1.2t | CN¥258.6b | CN¥51.7b | 55.3x | 23.6x | 4.7x |
| Thu, 31 Aug 2023 | CN¥1.2t | CN¥240.8b | CN¥49.0b | 59.5x | 25.4x | 5.2x |
| Sat, 29 Jul 2023 | CN¥1.3t | CN¥234.3b | CN¥48.8b | 53.4x | 26.4x | 5.5x |
| Mon, 26 Jun 2023 | CN¥1.4t | CN¥231.7b | CN¥48.4b | 54.2x | 28.3x | 5.9x |
| Wed, 24 May 2023 | CN¥1.3t | CN¥231.4b | CN¥48.5b | 55.9x | 27.8x | 5.8x |
| Fri, 21 Apr 2023 | CN¥1.6t | CN¥216.6b | CN¥46.9b | 68x | 33.4x | 7.2x |
| Sun, 19 Mar 2023 | CN¥1.4t | CN¥208.0b | CN¥45.5b | 59.4x | 30.3x | 6.6x |
| Tue, 14 Feb 2023 | CN¥1.4t | CN¥200.4b | CN¥41.9b | 55x | 33x | 6.9x |
| Thu, 12 Jan 2023 | CN¥1.3t | CN¥199.8b | CN¥41.9b | 53.5x | 31.1x | 6.5x |
| Sat, 10 Dec 2022 | CN¥1.4t | CN¥202.2b | CN¥42.2b | 54.8x | 32.7x | 6.8x |
| Mon, 07 Nov 2022 | CN¥1.5t | CN¥190.9b | CN¥40.7b | 62.6x | 35.9x | 7.7x |
| Wed, 05 Oct 2022 | CN¥1.3t | CN¥169.4b | CN¥34.3b | 57.3x | 38.1x | 7.7x |
| Fri, 02 Sep 2022 | CN¥1.4t | CN¥169.1b | CN¥33.5b | 62.4x | 41.4x | 8.2x |
| Sun, 31 Jul 2022 | CN¥1.3t | CN¥144.7b | CN¥27.4b | 72x | 47.5x | 9x |
| Tue, 28 Jun 2022 | CN¥1.3t | CN¥145.1b | CN¥27.5b | 63.5x | 46x | 8.7x |
| Thu, 26 May 2022 | CN¥1.1t | CN¥143.4b | CN¥27.2b | 50.5x | 40.1x | 7.6x |
| Sat, 23 Apr 2022 | CN¥977.5b | CN¥124.6b | CN¥22.3b | 47.1x | 43.8x | 7.8x |
| Mon, 21 Mar 2022 | CN¥1.2t | CN¥121.6b | CN¥21.8b | 63.9x | 54.3x | 9.7x |
| Wed, 16 Feb 2022 | CN¥1.1t | CN¥110.5b | CN¥18.9b | 62.5x | 57.4x | 9.8x |
| Fri, 14 Jan 2022 | CN¥1.1t | CN¥109.8b | CN¥18.8b | 67.4x | 61x | 10.4x |
| Sun, 12 Dec 2021 | CN¥1.3t | CN¥107.6b | CN¥18.3b | 82.3x | 73.2x | 12.4x |
| Tue, 09 Nov 2021 | CN¥1.3t | CN¥107.6b | CN¥18.3b | 70.7x | 70x | 11.9x |
| Thu, 07 Oct 2021 | CN¥1.2t | CN¥91.3b | CN¥14.6b | 69.9x | 82.8x | 13.2x |
| Sat, 04 Sep 2021 | CN¥1.1t | CN¥63.3b | CN¥12.5b | 80.3x | 89.6x | 17.8x |
| Mon, 02 Aug 2021 | CN¥1.2t | CN¥63.3b | CN¥12.5b | 70.7x | 95.1x | 18.8x |
Price to Earnings Ratio
95.1x
Current Industry PE
- Investors are pessimistic on the Chinese Semiconductor Equipment 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 27.0x which is lower than its 3-year average PE of 40.5x.
- The 3-year average PS ratio of 7.5x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Semiconductor Equipment industry have grown 41% per year over the last three years.
- Revenues for these companies have grown 63% 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 Semiconductor Equipment compare with similar industries?
| CN Market | -3.39% | |
| Tech | -4.00% | |
| Semiconductors | -3.64% | |
| Semiconductor Equipment | -5.45% | |
| Semiconductors | -2.92% | |
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 | |
|---|---|---|---|---|---|
| 603806 Hangzhou First Applied Material | CN¥15.45 | 6.2% +CN¥2.3b | -36.0% | PE20.1x | |
| 688303 Xinjiang Daqo New EnergyLtd | CN¥19.41 | 3.2% +CN¥1.3b | -52.1% | PE13x | |
| 300776 Wuhan DR Laser TechnologyLtd | CN¥49.73 | 5.5% +CN¥707.3m | -15.1% | PE26.9x | |
| 688234 SICC | CN¥52.26 | 2.4% +CN¥523.0m | -24.2% | PE785.2x | |
| 001269 Inner Mongolia OJing Science & Technology | CN¥26.90 | 3.5% +CN¥175.1m | -53.4% | PE10.3x |
