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Chinese (SSE) Software Industry Analysis

UpdatedMar 10, 2026
DataAggregated Company Financials
Companies141
  • 7D-1.6%
  • 3M6.0%
  • 1Y-0.3%
  • YTD0.4%

Over the last 7 days, the Software industry has dropped 5.6%, driven by Beijing Kingsoft Office Software declining 4.1%. Meanwhile, YGSOFT actually outperformed within the industry, gaining 13% in the last week. The industry has fallen 4.0% in the last year. Earnings are forecast to grow by 54% annually.

Industry Valuation and Performance

Has the Chinese Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Mar 2026CN¥2.0tCN¥282.1b-CN¥6,384,712,349.0093.8x-316.6x7.2x
Thu, 05 Feb 2026CN¥2.1tCN¥282.3b-CN¥6,475,550,333.0089.7x-322.5x7.4x
Sat, 03 Jan 2026CN¥1.9tCN¥283.2b-CN¥6,951,773,292.0084.3x-280.4x6.9x
Mon, 01 Dec 2025CN¥2.0tCN¥283.2b-CN¥6,951,773,292.0083.2x-282.4x6.9x
Wed, 29 Oct 2025CN¥2.0tCN¥282.8b-CN¥7,163,922,328.0089.6x-282.8x7.2x
Fri, 26 Sep 2025CN¥2.1tCN¥282.5b-CN¥7,445,501,506.0086.4x-279.5x7.4x
Sun, 24 Aug 2025CN¥2.1tCN¥282.1b-CN¥8,193,959,317.00109.2x-261.3x7.6x
Tue, 22 Jul 2025CN¥1.9tCN¥282.8b-CN¥7,631,450,200.0093.1x-248.2x6.7x
Thu, 19 Jun 2025CN¥1.8tCN¥282.8b-CN¥7,631,520,370.0083.6x-230.6x6.2x
Sat, 17 May 2025CN¥1.8tCN¥283.2b-CN¥6,990,914,537.0087x-252.4x6.2x
Mon, 14 Apr 2025CN¥1.7tCN¥283.9b-CN¥6,534,085,268.0086.6x-265.7x6.1x
Wed, 12 Mar 2025CN¥2.0tCN¥285.7b-CN¥5,207,253,531.00100.1x-391.1x7.1x
Fri, 07 Feb 2025CN¥1.9tCN¥284.2b-CN¥3,194,408,337.0093x-593.4x6.7x
Sun, 05 Jan 2025CN¥1.6tCN¥284.2b-CN¥3,194,408,337.0077.4x-486x5.5x
Tue, 03 Dec 2024CN¥1.9tCN¥284.2b-CN¥3,194,408,337.0096.1x-595.6x6.7x
Thu, 31 Oct 2024CN¥1.7tCN¥287.8b-CN¥2,942,408,682.0098.1x-583.4x6x
Sat, 28 Sep 2024CN¥1.4tCN¥288.0b-CN¥1,746,158,152.0068.7x-783x4.7x
Mon, 26 Aug 2024CN¥1.1tCN¥289.5b-CN¥295,059,781.0053.7x-3737x3.8x
Wed, 24 Jul 2024CN¥1.2tCN¥288.4b-CN¥272,603,923.0056x-4287.5x4.1x
Fri, 21 Jun 2024CN¥1.3tCN¥287.5b-CN¥591,234,431.0059.5x-2166.6x4.5x
Sun, 19 May 2024CN¥1.4tCN¥287.8b-CN¥326,931,185.0062.3x-4170.7x4.7x
Tue, 16 Apr 2024CN¥1.3tCN¥291.2bCN¥3.5b65.3x381x4.6x
Thu, 14 Mar 2024CN¥1.5tCN¥288.6bCN¥4.4b77.6x345.8x5.3x
Sat, 10 Feb 2024CN¥1.3tCN¥289.0bCN¥5.7b63.4x225.1x4.4x
Mon, 08 Jan 2024CN¥1.6tCN¥291.3bCN¥4.4b80.7x353.7x5.4x
Wed, 06 Dec 2023CN¥1.7tCN¥291.1bCN¥4.3b88.3x393.2x5.9x
Fri, 03 Nov 2023CN¥1.6tCN¥290.9bCN¥4.3b74.6x379.5x5.6x
Sun, 01 Oct 2023CN¥1.8tCN¥290.2bCN¥3.7b70.6x475.2x6.1x
Tue, 29 Aug 2023CN¥1.8tCN¥291.4bCN¥3.2b69.6x556.7x6.1x
Thu, 27 Jul 2023CN¥2.0tCN¥288.9bCN¥3.3b75.6x590.5x6.8x
Sat, 24 Jun 2023CN¥2.3tCN¥288.5bCN¥3.9b83.7x590x7.9x
Mon, 22 May 2023CN¥2.1tCN¥290.3bCN¥3.2b76.5x653x7.2x
Wed, 19 Apr 2023CN¥2.3tCN¥296.0bCN¥5.2b91x438.4x7.8x
Fri, 17 Mar 2023CN¥2.0tCN¥295.8bCN¥6.7b80.2x297.5x6.7x
Price to Earnings Ratio

297.5x


Total Market Cap: CN¥2.0tTotal Earnings: CN¥6.7bTotal Revenue: CN¥295.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Software Industry Price to Earnings3Y Average -443.8x202420252026
Current Industry PE
  • Investors are optimistic on the Chinese Software industry, and appear confident in long term growth rates.
  • The 3-year average PS ratio of 6.2x is lower than the industry's current PS ratio of 7.1x.
Past Earnings Growth
  • Total earnings for the Software industry have declined over the last three years, with the industry now making a loss overall.
  • 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-2.87%
Tech-4.29%
Software-1.64%
Systems Software-0.43%
Application Software-2.03%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 74% over the next 5 years.
    • This is better than its past earnings decline of 0.2% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 46% per year over the next few years.

    Top Stock Gainers and Losers

    Which companies have driven the market over the last 7 days?

    CompanyLast Price7D1YValuation
    601360 360 Security TechnologyCN¥12.5910.7%
    +CN¥8.5b
    9.6%PS10.5x
    688031 Transwarp Technology (Shanghai)LtdCN¥255.0031.4%
    +CN¥7.4b
    277.1%PS69x
    600845 Shanghai Baosight SoftwareLtdCN¥24.117.6%
    +CN¥4.9b
    -28.2%PE48.3x
    300454 Sangfor TechnologiesCN¥130.139.8%
    +CN¥4.9b
    9.9%PE77.9x
    002195 Shanghai Stonehill TechnologyCN¥10.528.6%
    +CN¥4.7b
    50.9%PE345.5x

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