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Chinese (SSE) Semiconductors Industry Analysis
UpdatedSep 03, 2024
DataAggregated Company Financials
Companies215
- 7D-0.03%
- 3M-12.9%
- 1Y-32.0%
- YTD-24.9%
The Semiconductors is pretty flat in the last 7 days, but NAURA Technology Group has stood out, gaining 3.6%. Unfortunately though, the industry is down 32% over the past 12 months. As for the next few years, earnings are expected to grow by 44% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 04 Sep 2024 | CN¥3.1t | CN¥1.4t | CN¥42.5b | 46.8x | 74x | 2.3x |
| Fri, 02 Aug 2024 | CN¥3.5t | CN¥1.4t | CN¥76.7b | 49.1x | 46.1x | 2.5x |
| Sun, 30 Jun 2024 | CN¥3.4t | CN¥1.4t | CN¥76.6b | 48.8x | 44.5x | 2.4x |
| Tue, 28 May 2024 | CN¥3.5t | CN¥1.4t | CN¥76.4b | 49.9x | 46.1x | 2.5x |
| Thu, 25 Apr 2024 | CN¥3.5t | CN¥1.5t | CN¥127.4b | 47.1x | 27.2x | 2.3x |
| Sat, 23 Mar 2024 | CN¥3.9t | CN¥1.5t | CN¥124.4b | 56.8x | 31.3x | 2.6x |
| Mon, 19 Feb 2024 | CN¥3.5t | CN¥1.4t | CN¥127.5b | 48x | 27.4x | 2.4x |
| Wed, 17 Jan 2024 | CN¥3.9t | CN¥1.4t | CN¥124.5b | 61.5x | 31.1x | 2.7x |
| Fri, 15 Dec 2023 | CN¥4.2t | CN¥1.4t | CN¥124.1b | 67.9x | 33.5x | 2.9x |
| Sun, 12 Nov 2023 | CN¥4.4t | CN¥1.4t | CN¥124.9b | 73.1x | 35.1x | 3.1x |
| Tue, 10 Oct 2023 | CN¥4.3t | CN¥1.4t | CN¥136.8b | 68.8x | 31.1x | 3x |
| Thu, 07 Sep 2023 | CN¥4.5t | CN¥1.4t | CN¥136.8b | 73.1x | 33.1x | 3.2x |
| Sat, 05 Aug 2023 | CN¥4.7t | CN¥1.3t | CN¥137.6b | 66.4x | 33.9x | 3.5x |
| Mon, 03 Jul 2023 | CN¥4.9t | CN¥1.3t | CN¥138.3b | 68.7x | 35.7x | 3.7x |
| Wed, 31 May 2023 | CN¥5.0t | CN¥1.3t | CN¥137.8b | 70.1x | 36x | 3.8x |
| Fri, 28 Apr 2023 | CN¥4.8t | CN¥31.1t | CN¥845.5b | 62.5x | 5.7x | 0.2x |
| Sun, 26 Mar 2023 | CN¥4.9t | CN¥1.2t | CN¥133.9b | 61.3x | 36.3x | 4.2x |
| Tue, 21 Feb 2023 | CN¥4.6t | CN¥985.1b | CN¥103.5b | 55.7x | 44.1x | 4.6x |
| Thu, 19 Jan 2023 | CN¥4.5t | CN¥981.9b | CN¥103.3b | 54.4x | 44x | 4.6x |
| Sat, 17 Dec 2022 | CN¥4.3t | CN¥980.6b | CN¥103.1b | 52.4x | 41.9x | 4.4x |
| Mon, 14 Nov 2022 | CN¥4.5t | CN¥968.2b | CN¥101.2b | 54.5x | 44.2x | 4.6x |
| Wed, 12 Oct 2022 | CN¥3.9t | CN¥880.8b | CN¥96.1b | 43.2x | 40.9x | 4.5x |
| Fri, 09 Sep 2022 | CN¥4.8t | CN¥873.4b | CN¥94.5b | 54.4x | 50.9x | 5.5x |
| Sun, 07 Aug 2022 | CN¥4.9t | CN¥783.6b | CN¥87.0b | 58.4x | 56.1x | 6.2x |
| Tue, 05 Jul 2022 | CN¥4.5t | CN¥770.2b | CN¥82.5b | 54.7x | 54.8x | 5.9x |
| Thu, 02 Jun 2022 | CN¥4.0t | CN¥765.6b | CN¥81.5b | 48.4x | 49.5x | 5.3x |
| Sat, 30 Apr 2022 | CN¥3.5t | CN¥733.1b | CN¥79.3b | 42.7x | 44.6x | 4.8x |
| Mon, 28 Mar 2022 | CN¥4.1t | CN¥681.6b | CN¥70.3b | 63x | 58.3x | 6x |
| Wed, 23 Feb 2022 | CN¥4.2t | CN¥653.8b | CN¥64.0b | 65.4x | 65x | 6.4x |
| Fri, 21 Jan 2022 | CN¥4.3t | CN¥614.7b | CN¥62.6b | 67.1x | 69.2x | 7.1x |
| Sun, 19 Dec 2021 | CN¥4.6t | CN¥608.1b | CN¥62.6b | 75.5x | 73.8x | 7.6x |
| Tue, 16 Nov 2021 | CN¥4.7t | CN¥606.0b | CN¥62.1b | 75.1x | 75.3x | 7.7x |
| Thu, 14 Oct 2021 | CN¥4.1t | CN¥551.6b | CN¥53.6b | 73x | 77.4x | 7.5x |
| Sat, 11 Sep 2021 | CN¥4.4t | CN¥550.0b | CN¥53.4b | 81.4x | 83.2x | 8.1x |
Price to Earnings Ratio
83.2x
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 74.0x which is higher than its 3-year average PE of 46.2x.
- The 3-year average PS ratio of 4.4x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Semiconductor industry have declined 7.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 35% 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 | -0.56% | |
| Tech | 0.017% | |
| Semiconductors | -0.032% | |
| Semiconductor Equipment | 0.15% | |
| Semiconductors | -0.10% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 51.5x.
- Analysts are expecting annual earnings growth of 48.8%, which is higher than its past year's earnings decline of 2.5% per year.
- Investors are most pessimistic about the Semiconductor Equipment industry, which is trading close to its 3-year average of 38.4x.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 49% over the next 5 years.
- This is better than its past earnings decline of 2.5% per year.
- In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 33% 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 | |
|---|---|---|---|---|---|
| 002371 NAURA Technology Group | CN¥311.49 | 3.6% +CN¥5.8b | 14.8% | PE33.9x | |
| 688041 Hygon Information Technology | CN¥77.32 | 2.7% +CN¥4.7b | 33.0% | PE124.9x | |
| 600438 TongweiLtd | CN¥19.00 | 5.4% +CN¥4.4b | -41.5% | PS0.8x | |
| 688472 CSI Solar | CN¥11.05 | 8.2% +CN¥3.1b | -27.2% | PE18.4x | |
| 002459 JA Solar Technology | CN¥10.09 | 8.0% +CN¥2.4b | -63.1% | PE24.5x |