Have your own idea? Try our Stock Screener
- 7D-2.1%
- 3M-14.7%
- 1Y-3.8%
- YTD-15.3%
Over the last 7 days, the Software industry has dropped 2.1%, driven by a pullback from Empyrean Technology of 14%. Meanwhile, Shanghai Suochen Information TechnologyLtd actually outperformed within the industry, gaining 20% in the last week. Overall the industry is down 3.8% in 12 months. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Chinese Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jun 2026 | CN¥1.7t | CN¥283.0b | CN¥1.6b | 100.9x | 1032.7x | 6x |
| Mon, 04 May 2026 | CN¥1.8t | CN¥283.0b | CN¥1.9b | 112.4x | 991.4x | 6.5x |
| Wed, 01 Apr 2026 | CN¥1.8t | CN¥282.6b | -CN¥5,765,203,598.00 | 87x | -304.4x | 6.2x |
| Fri, 27 Feb 2026 | CN¥2.1t | CN¥282.4b | -CN¥6,431,520,689.00 | 92.4x | -322.8x | 7.4x |
| Sun, 25 Jan 2026 | CN¥2.3t | CN¥282.3b | -CN¥6,475,550,333.00 | 103.6x | -351.4x | 8.1x |
| Tue, 23 Dec 2025 | CN¥1.9t | CN¥283.2b | -CN¥6,951,773,292.00 | 81.5x | -271.3x | 6.7x |
| Thu, 20 Nov 2025 | CN¥2.0t | CN¥283.2b | -CN¥6,951,773,292.00 | 82x | -284.1x | 7x |
| Sat, 18 Oct 2025 | CN¥1.9t | CN¥282.5b | -CN¥7,445,501,496.00 | 82.8x | -259.1x | 6.8x |
| Mon, 15 Sep 2025 | CN¥2.0t | CN¥282.5b | -CN¥7,461,783,626.00 | 85.4x | -274.6x | 7.3x |
| Wed, 13 Aug 2025 | CN¥2.0t | CN¥282.2b | -CN¥7,665,119,878.00 | 95x | -255.1x | 6.9x |
| Fri, 11 Jul 2025 | CN¥1.8t | CN¥282.8b | -CN¥7,631,450,200.00 | 89.3x | -237.7x | 6.4x |
| Sun, 08 Jun 2025 | CN¥1.8t | CN¥282.8b | -CN¥7,731,657,823.00 | 85x | -230.9x | 6.3x |
| Tue, 06 May 2025 | CN¥1.8t | CN¥281.9b | -CN¥7,151,938,419.00 | 89.7x | -246.9x | 6.3x |
| Thu, 03 Apr 2025 | CN¥1.8t | CN¥283.9b | -CN¥6,299,051,248.00 | 90.2x | -291.1x | 6.5x |
| Sat, 01 Mar 2025 | CN¥1.9t | CN¥284.3b | -CN¥2,991,069,164.00 | 90.1x | -646x | 6.8x |
| Mon, 27 Jan 2025 | CN¥1.7t | CN¥284.2b | -CN¥3,194,408,337.00 | 85.7x | -537.5x | 6x |
| Wed, 25 Dec 2024 | CN¥1.8t | CN¥284.2b | -CN¥3,194,408,337.00 | 93.1x | -564.1x | 6.3x |
| Fri, 22 Nov 2024 | CN¥1.9t | CN¥284.2b | -CN¥3,194,408,337.00 | 95.6x | -590.2x | 6.6x |
| Sun, 20 Oct 2024 | CN¥1.7t | CN¥288.8b | -CN¥1,713,654,913.00 | 84.5x | -983.6x | 5.8x |
| Tue, 17 Sep 2024 | CN¥1.1t | CN¥286.6b | -CN¥2,232,488,522.00 | 57.7x | -494.4x | 3.9x |
| Thu, 15 Aug 2024 | CN¥1.1t | CN¥288.4b | -CN¥188,201,342.00 | 54.7x | -5983.3x | 3.9x |
| Sat, 13 Jul 2024 | CN¥1.2t | CN¥288.3b | -CN¥306,759,905.00 | 56.6x | -3808.5x | 4.1x |
| Mon, 10 Jun 2024 | CN¥1.3t | CN¥287.5b | -CN¥571,930,076.00 | 59x | -2186.4x | 4.3x |
| Wed, 08 May 2024 | CN¥1.4t | CN¥286.8b | -CN¥319,044,031.00 | 64.4x | -4420.8x | 4.9x |
| Fri, 05 Apr 2024 | CN¥1.4t | CN¥291.2b | CN¥3.5b | 69.3x | 404.5x | 4.8x |
| Sun, 03 Mar 2024 | CN¥1.5t | CN¥288.5b | CN¥4.3b | 75.7x | 347.9x | 5.2x |
| Tue, 30 Jan 2024 | CN¥1.4t | CN¥291.3b | CN¥4.4b | 68.2x | 308.7x | 4.7x |
| Thu, 28 Dec 2023 | CN¥1.6t | CN¥291.1b | CN¥4.3b | 83.3x | 373.2x | 5.6x |
| Sat, 25 Nov 2023 | CN¥1.7t | CN¥291.1b | CN¥4.3b | 89.3x | 397.4x | 5.9x |
| Mon, 23 Oct 2023 | CN¥1.7t | CN¥291.0b | CN¥3.6b | 67.7x | 464.2x | 5.7x |
| Wed, 20 Sep 2023 | CN¥1.7t | CN¥290.2b | CN¥3.7b | 69.9x | 463.8x | 6x |
| Fri, 18 Aug 2023 | CN¥1.9t | CN¥289.7b | CN¥3.2b | 74.1x | 608.6x | 6.7x |
| Sun, 16 Jul 2023 | CN¥2.1t | CN¥288.7b | CN¥3.3b | 78.3x | 627.5x | 7.2x |
| Tue, 13 Jun 2023 | CN¥2.2t | CN¥291.2b | CN¥4.1b | 82x | 544.1x | 7.6x |
Price to Earnings Ratio
544.1x
Current Industry PE
- Investors are optimistic on the Chinese Software industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 1kx which is higher than its 3-year average PE of -467x.
- The industry is trading close to its 3-year average PS ratio of 6.1x.
Past Earnings Growth
- The earnings for companies in the Software industry have declined 26% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | -1.40% | |
| Tech | -0.21% | |
| Software | -2.13% | |
| Application Software | -1.76% | |
| Systems Software | -3.17% | |
Industry PE
- Investors are most optimistic about the Application Software industry which is trading above its 3-year average PE ratio of 11.1x.
- Analysts are expecting annual earnings growth of 37.4%, which is higher than its past year's earnings decline of 2.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Application Software industry, expecting annual earnings growth of 37% over the next 5 years.
- This is better than its past earnings decline of 2.3% per year.
- In contrast, the Systems Software industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| 688507 Shanghai Suochen Information TechnologyLtd | CN¥191.45 | 19.7% +CN¥2.8b | 166.3% | PE1283.1x | |
| 300302 Toyou Feiji Electronics | CN¥53.01 | 10.8% +CN¥2.5b | 259.4% | PE416.9x | |
| 688031 Transwarp Technology (Shanghai)Ltd | CN¥134.44 | 15.0% +CN¥2.1b | 177.5% | PS35.1x | |
| 600588 Yonyou Network TechnologyLtd | CN¥10.71 | 3.3% +CN¥1.2b | -21.9% | PS4x | |
| 002137 Shenzhen Sea Star TechnologyLtd | CN¥10.35 | 21.9% +CN¥1.1b | 31.3% | PE138.3x |