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Chinese (SSE) Software Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies142
  • 7D10.7%
  • 3M5.2%
  • 1Y40.2%
  • YTD7.1%

In the last week, the Software industry is up 11%, with Beijing Kingsoft Office Software up 16%. In the last 12 months, the industry was up 40%. Earnings are forecast to grow by 52% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026CN¥2.2tCN¥283.2b-CN¥6,951,773,292.0093.8x-310.3x7.6x
Wed, 10 Dec 2025CN¥1.9tCN¥283.2b-CN¥6,951,773,292.0081.5x-274.6x6.7x
Fri, 07 Nov 2025CN¥2.0tCN¥283.3b-CN¥6,951,773,505.0089.6x-292.8x7.2x
Sun, 05 Oct 2025CN¥2.1tCN¥282.5b-CN¥7,445,501,496.0088.2x-277.9x7.3x
Tue, 02 Sep 2025CN¥2.2tCN¥283.9b-CN¥7,113,160,463.00107.3x-307.6x7.7x
Thu, 31 Jul 2025CN¥1.9tCN¥282.8b-CN¥7,631,450,201.0093.4x-252.1x6.8x
Sat, 28 Jun 2025CN¥1.8tCN¥282.8b-CN¥7,631,520,370.0087.6x-239.6x6.5x
Mon, 26 May 2025CN¥1.7tCN¥283.2b-CN¥7,183,204,877.0083.6x-238x6x
Wed, 23 Apr 2025CN¥1.7tCN¥285.4b-CN¥6,762,815,143.0090.4x-258.1x6.1x
Fri, 21 Mar 2025CN¥2.0tCN¥285.7b-CN¥5,326,757,644.0099.4x-369.8x6.9x
Sun, 16 Feb 2025CN¥2.1tCN¥284.2b-CN¥3,194,408,337.0098.9x-657.2x7.4x
Tue, 14 Jan 2025CN¥1.6tCN¥275.9b-CN¥2,201,838,390.0077.8x-707.6x5.6x
Thu, 12 Dec 2024CN¥2.0tCN¥284.2b-CN¥3,194,408,337.00104.1x-612.9x6.9x
Sat, 09 Nov 2024CN¥1.9tCN¥284.6b-CN¥3,148,631,036.0096.2x-604.5x6.7x
Mon, 07 Oct 2024CN¥1.6tCN¥288.0b-CN¥1,746,158,150.0078.3x-900.2x5.5x
Wed, 04 Sep 2024CN¥1.1tCN¥286.8b-CN¥1,964,764,001.0056.7x-567.2x3.9x
Fri, 02 Aug 2024CN¥1.2tCN¥288.3b-CN¥141,821,109.0060.4x-8576.8x4.2x
Sun, 30 Jun 2024CN¥1.2tCN¥287.5b-CN¥591,234,431.0056.9x-2085x4.3x
Tue, 28 May 2024CN¥1.3tCN¥287.6b-CN¥416,311,083.0061.7x-3159.7x4.6x
Thu, 25 Apr 2024CN¥1.3tCN¥290.3bCN¥3.1b63.8x439x4.6x
Sat, 23 Mar 2024CN¥1.5tCN¥288.6bCN¥4.4b78.9x354.1x5.4x
Mon, 19 Feb 2024CN¥1.3tCN¥288.8bCN¥5.5b63.4x233.8x4.4x
Wed, 17 Jan 2024CN¥1.5tCN¥291.3bCN¥4.4b74.4x331.1x5x
Fri, 15 Dec 2023CN¥1.8tCN¥291.1bCN¥4.3b91.8x412.2x6.1x
Sun, 12 Nov 2023CN¥1.7tCN¥290.9bCN¥4.3b81.8x402.1x6x
Tue, 10 Oct 2023CN¥1.8tCN¥290.2bCN¥3.7b70.1x475.9x6.1x
Thu, 07 Sep 2023CN¥1.9tCN¥290.6bCN¥3.9b77.4x486x6.4x
Sat, 05 Aug 2023CN¥2.0tCN¥289.1bCN¥3.4b75.8x606.1x7.1x
Mon, 03 Jul 2023CN¥2.1tCN¥288.5bCN¥3.9b78.1x544.4x7.3x
Wed, 31 May 2023CN¥2.1tCN¥291.5bCN¥2.8b77.5x756.7x7.2x
Fri, 28 Apr 2023CN¥2.1tCN¥295.8bCN¥3.3b80x617.8x6.9x
Sun, 26 Mar 2023CN¥2.2tCN¥295.6bCN¥7.0b90.2x316.6x7.5x
Tue, 21 Feb 2023CN¥1.9tCN¥296.5bCN¥7.3b77.7x264.4x6.5x
Thu, 19 Jan 2023CN¥1.8tCN¥296.2bCN¥7.2b72.6x244x6x
Price to Earnings Ratio

244x


Total Market Cap: CN¥1.8tTotal Earnings: CN¥7.2bTotal Revenue: CN¥296.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Software Industry Price to Earnings3Y Average -413.2x202420252026
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 6.1x is lower than the industry's current PS ratio of 7.6x.
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 Market5.17%
Tech6.90%
Software10.71%
Application Software11.46%
Systems Software8.52%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 68% over the next 5 years.
    • This is better than its past earnings decline of 7.2% per year.
    • In contrast, the Application Software industry is expected to see its earnings grow by 47% 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
    688111 Beijing Kingsoft Office SoftwareCN¥379.9916.2%
    +CN¥24.5b
    49.0%PE98.7x
    002195 Shanghai Stonehill TechnologyCN¥11.3946.0%
    +CN¥20.4b
    186.2%PE374x
    688568 Geovis TechnologyLtdCN¥79.0932.7%
    +CN¥15.8b
    148.4%PE181.3x
    601360 360 Security TechnologyCN¥13.3517.0%
    +CN¥13.6b
    39.2%PS11.1x
    002230 iFLYTEKLTDCN¥59.6010.7%
    +CN¥13.3b
    32.1%PE164x

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