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Chinese (SSE) Semiconductors Industry Analysis
UpdatedAug 30, 2024
DataAggregated Company Financials
Companies215
- 7D0.06%
- 3M-11.7%
- 1Y-31.4%
- YTD-24.3%
Over the last 7 days, the Semiconductors industry has dropped 3.4%, driven by a pullback from Cambricon Technologies of 7.8%. In contrast, LONGi Green Energy Technology has gained 5.3%. However, the industry is down 32% over the past year. Looking forward, earnings are forecast to grow by 40% 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 |
|---|---|---|---|---|---|---|
| Fri, 30 Aug 2024 | CN¥3.2t | CN¥1.4t | CN¥69.3b | 43x | 45.7x | 2.2x |
| Sun, 28 Jul 2024 | CN¥3.4t | CN¥1.4t | CN¥76.6b | 48.1x | 44.4x | 2.4x |
| Tue, 25 Jun 2024 | CN¥3.5t | CN¥1.4t | CN¥76.6b | 50x | 46.1x | 2.5x |
| Thu, 23 May 2024 | CN¥3.6t | CN¥1.4t | CN¥76.4b | 50.1x | 47.3x | 2.6x |
| Sat, 20 Apr 2024 | CN¥3.5t | CN¥1.5t | CN¥127.8b | 47.4x | 27.5x | 2.4x |
| Mon, 18 Mar 2024 | CN¥3.9t | CN¥1.5t | CN¥124.4b | 55.8x | 31.4x | 2.7x |
| Wed, 14 Feb 2024 | CN¥3.5t | CN¥1.4t | CN¥127.5b | 48x | 27.4x | 2.4x |
| Fri, 12 Jan 2024 | CN¥3.8t | CN¥1.4t | CN¥124.9b | 59.5x | 30.8x | 2.7x |
| Sun, 10 Dec 2023 | CN¥4.2t | CN¥1.4t | CN¥124.1b | 68x | 33.7x | 2.9x |
| Tue, 07 Nov 2023 | CN¥4.4t | CN¥1.4t | CN¥125.0b | 72.3x | 34.9x | 3.1x |
| Thu, 05 Oct 2023 | CN¥4.3t | CN¥1.4t | CN¥136.8b | 68.5x | 31.2x | 3x |
| Sat, 02 Sep 2023 | CN¥4.4t | CN¥1.4t | CN¥134.3b | 70.9x | 32.7x | 3.2x |
| Mon, 31 Jul 2023 | CN¥4.6t | CN¥1.3t | CN¥139.6b | 64.6x | 33.1x | 3.4x |
| Wed, 28 Jun 2023 | CN¥4.9t | CN¥1.3t | CN¥138.5b | 67.3x | 35.3x | 3.6x |
| Fri, 26 May 2023 | CN¥4.9t | CN¥1.3t | CN¥137.9b | 69.4x | 35.3x | 3.8x |
| Sun, 23 Apr 2023 | CN¥5.1t | CN¥1.2t | CN¥131.7b | 65.9x | 38.4x | 4.2x |
| Tue, 21 Mar 2023 | CN¥4.8t | CN¥1.1t | CN¥132.0b | 62.4x | 36x | 4.2x |
| Thu, 16 Feb 2023 | CN¥4.8t | CN¥982.7b | CN¥103.4b | 59x | 46x | 4.8x |
| Sat, 14 Jan 2023 | CN¥4.4t | CN¥981.9b | CN¥103.3b | 52.3x | 42.1x | 4.4x |
| Mon, 12 Dec 2022 | CN¥4.4t | CN¥978.5b | CN¥102.5b | 53.7x | 43x | 4.5x |
| Wed, 09 Nov 2022 | CN¥4.7t | CN¥966.6b | CN¥100.7b | 55.9x | 46.2x | 4.8x |
| Fri, 07 Oct 2022 | CN¥4.2t | CN¥880.0b | CN¥95.9b | 46.5x | 43.9x | 4.8x |
| Sun, 04 Sep 2022 | CN¥4.6t | CN¥873.8b | CN¥94.8b | 52.6x | 48.9x | 5.3x |
| Tue, 02 Aug 2022 | CN¥4.6t | CN¥776.7b | CN¥83.2b | 54.4x | 55x | 5.9x |
| Thu, 30 Jun 2022 | CN¥4.5t | CN¥770.9b | CN¥82.7b | 54.1x | 54.5x | 5.8x |
| Sat, 28 May 2022 | CN¥3.9t | CN¥765.3b | CN¥81.6b | 45.4x | 47.8x | 5.1x |
| Mon, 25 Apr 2022 | CN¥3.5t | CN¥711.7b | CN¥78.6b | 49.4x | 44.8x | 4.9x |
| Wed, 23 Mar 2022 | CN¥4.3t | CN¥681.6b | CN¥70.3b | 65.1x | 60.7x | 6.3x |
| Fri, 18 Feb 2022 | CN¥4.2t | CN¥653.0b | CN¥63.8b | 65.8x | 65.1x | 6.4x |
| Sun, 16 Jan 2022 | CN¥4.4t | CN¥614.0b | CN¥61.0b | 70.2x | 71.7x | 7.1x |
| Tue, 14 Dec 2021 | CN¥4.8t | CN¥607.1b | CN¥62.4b | 77.5x | 77.5x | 8x |
| Thu, 11 Nov 2021 | CN¥4.7t | CN¥606.0b | CN¥62.1b | 73x | 75.2x | 7.7x |
| Sat, 09 Oct 2021 | CN¥4.1t | CN¥550.8b | CN¥53.5b | 71.6x | 76.8x | 7.5x |
| Mon, 06 Sep 2021 | CN¥4.4t | CN¥550.0b | CN¥53.4b | 79.6x | 82.1x | 8x |
Price to Earnings Ratio
82.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Semiconductor industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 46.3x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have grown 9.5% per year over the last three years.
- Revenues for these companies have grown 37% 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 | -0.80% | |
| Tech | 0.027% | |
| Semiconductors | 0.059% | |
| Semiconductor Equipment | 1.32% | |
| Semiconductors | -0.44% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry, which is trading close to its 3-year average PE ratio of 51.4x.
- Analysts are expecting annual earnings growth of 43.8%, which is higher than its past year's earnings decline of 0.5% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, which is trading below its 3-year average of 38.6x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 0.5% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 31% 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¥13.56 | 5.3% +CN¥5.2b | -48.9% | PE21.6x | |
| 603806 Hangzhou First Applied Material | CN¥15.18 | 10.8% +CN¥3.9b | -31.6% | PE20.9x | |
| 688472 CSI Solar | CN¥10.72 | 8.3% +CN¥3.0b | -30.4% | PE15.4x | |
| 688223 Jinko Solar | CN¥7.05 | 4.1% +CN¥2.8b | -34.5% | PE10.1x | |
| 600438 TongweiLtd | CN¥18.83 | 3.2% +CN¥2.7b | -41.3% | PE20.3x |
