Is Montnets Cloud Technology Group (SZSE:002123) A Risky Investment?
Jan 16
Have your own idea? Try our Stock Screener
Chinese (SSE) Software Industry Analysis
UpdatedJan 24, 2025
DataAggregated Company Financials
Companies143
- 7D-0.2%
- 3M-1.8%
- 1Y8.7%
- YTD0.8%
Over the last 7 days, the Software industry has remained flat, although notably Beijing Kingsoft Office Software gained 10%. The past year has been better, since the industry has gained 8.7% in that time. As for the next few years, earnings are expected to grow by 51% 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, 25 Jan 2025 | CN¥1.6t | CN¥284.2b | -CN¥3,194,408,337.00 | 84.4x | -513.7x | 5.8x |
| Mon, 23 Dec 2024 | CN¥1.9t | CN¥284.2b | -CN¥3,194,408,337.00 | 98.9x | -590x | 6.6x |
| Wed, 20 Nov 2024 | CN¥1.8t | CN¥284.2b | -CN¥3,194,408,338.00 | 87.9x | -561.9x | 6.3x |
| Fri, 18 Oct 2024 | CN¥1.6t | CN¥288.0b | -CN¥1,744,826,174.00 | 81.6x | -919.2x | 5.6x |
| Sun, 15 Sep 2024 | CN¥1.1t | CN¥286.6b | -CN¥2,232,488,520.00 | 57.7x | -494.4x | 3.9x |
| Tue, 13 Aug 2024 | CN¥1.1t | CN¥288.4b | -CN¥188,201,342.00 | 54.9x | -5998.7x | 3.9x |
| Thu, 11 Jul 2024 | CN¥1.2t | CN¥288.3b | -CN¥306,759,907.00 | 55.2x | -3752.3x | 4x |
| Sat, 08 Jun 2024 | CN¥1.3t | CN¥287.5b | -CN¥571,930,076.00 | 59x | -2186.4x | 4.3x |
| Mon, 06 May 2024 | CN¥1.4t | CN¥286.9b | -CN¥344,932,218.00 | 66.3x | -4062x | 4.9x |
| Wed, 03 Apr 2024 | CN¥1.4t | CN¥291.1b | CN¥3.3b | 72.1x | 438.1x | 5x |
| Fri, 01 Mar 2024 | CN¥1.5t | CN¥288.3b | CN¥4.3b | 73.9x | 339.3x | 5.1x |
| Sun, 28 Jan 2024 | CN¥1.4t | CN¥291.3b | CN¥4.4b | 72x | 320.5x | 4.8x |
| Tue, 26 Dec 2023 | CN¥1.6t | CN¥291.1b | CN¥4.3b | 84.8x | 379.2x | 5.7x |
| Thu, 23 Nov 2023 | CN¥1.8t | CN¥291.1b | CN¥4.3b | 90x | 407.2x | 6.1x |
| Sat, 21 Oct 2023 | CN¥1.7t | CN¥290.3b | CN¥3.7b | 67.7x | 444x | 5.7x |
| Mon, 18 Sep 2023 | CN¥1.8t | CN¥290.2b | CN¥3.7b | 71.8x | 471.5x | 6.1x |
| Wed, 16 Aug 2023 | CN¥2.0t | CN¥289.6b | CN¥3.2b | 74.7x | 626x | 6.8x |
| Fri, 14 Jul 2023 | CN¥2.0t | CN¥288.5b | CN¥3.9b | 75.7x | 520.3x | 7x |
| Sun, 11 Jun 2023 | CN¥2.2t | CN¥291.5b | CN¥2.8b | 81.4x | 797.6x | 7.6x |
| Tue, 09 May 2023 | CN¥2.1t | CN¥288.4b | CN¥1.3b | 82.6x | 1613x | 7.4x |
| Thu, 06 Apr 2023 | CN¥2.4t | CN¥295.6b | CN¥6.4b | 100.5x | 381x | 8.3x |
| Sat, 04 Mar 2023 | CN¥2.0t | CN¥295.7b | CN¥6.6b | 84.2x | 297.1x | 6.7x |
| Mon, 30 Jan 2023 | CN¥1.9t | CN¥296.5b | CN¥7.3b | 76.2x | 254.6x | 6.2x |
| Wed, 28 Dec 2022 | CN¥1.6t | CN¥296.2b | CN¥7.2b | 66.7x | 221.4x | 5.4x |
| Fri, 25 Nov 2022 | CN¥1.6t | CN¥295.2b | CN¥7.1b | 71.1x | 231.6x | 5.6x |
| Sun, 23 Oct 2022 | CN¥1.5t | CN¥293.9b | CN¥10.2b | 56.9x | 149x | 5.2x |
| Tue, 20 Sep 2022 | CN¥1.4t | CN¥293.2b | CN¥10.4b | 55.8x | 138x | 4.9x |
| Thu, 18 Aug 2022 | CN¥1.5t | CN¥292.9b | CN¥12.5b | 54x | 122.6x | 5.2x |
| Sat, 16 Jul 2022 | CN¥1.4t | CN¥292.2b | CN¥12.7b | 49.3x | 107.9x | 4.7x |
| Mon, 13 Jun 2022 | CN¥1.4t | CN¥291.5b | CN¥12.5b | 52.5x | 113.4x | 4.9x |
| Wed, 11 May 2022 | CN¥1.3t | CN¥305.0b | CN¥15.1b | 46.9x | 85.6x | 4.2x |
| Fri, 08 Apr 2022 | CN¥1.5t | CN¥308.4b | CN¥7.7b | 43.2x | 196.8x | 4.9x |
| Sun, 06 Mar 2022 | CN¥1.7t | CN¥287.1b | CN¥15.4b | 47.9x | 110x | 5.9x |
| Tue, 01 Feb 2022 | CN¥1.7t | CN¥276.7b | CN¥15.3b | 52.8x | 113.1x | 6.3x |
Price to Earnings Ratio
113.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Software 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 PS ratio of 5.6x.
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 Market | 0.25% | |
| Tech | 1.99% | |
| Software | -0.24% | |
| Application Software | 0.084% | |
| Systems Software | -1.15% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 64% over the next 5 years.
- This is better than its past earnings decline of 9.2% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 688111 Beijing Kingsoft Office Software | CN¥305.03 | 10.5% +CN¥13.4b | 27.9% | PE96.3x | |
| 300496 Thunder Software TechnologyLtd | CN¥64.92 | 22.1% +CN¥5.4b | 15.2% | PE2453.3x | |
| 600845 Shanghai Baosight SoftwareLtd | CN¥29.49 | 6.7% +CN¥5.3b | -20.8% | PE32.5x | |
| 688615 Intsig Information | CN¥250.72 | 25.7% +CN¥5.1b | n/a | PE70.9x | |
| 002230 iFLYTEKLTD | CN¥49.82 | 3.9% +CN¥4.3b | 19.1% | PE533.2x |
