Header cover image

Chinese (SSE) Software Industry Analysis

UpdatedAug 23, 2025
DataAggregated Company Financials
Companies143
  • 7D8.3%
  • 3M25.0%
  • 1Y91.3%
  • YTD31.2%

Over the last 7 days, the Software industry has risen 8.3%, driven by gains from Beijing Kingsoft Office Software of 13%. In the last 12 months, the industry was up 91%. Looking forward, earnings are forecast to grow by 50% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Aug 2025CN¥2.1tCN¥281.8b-CN¥8,324,270,770.00113.3x-257.1x7.6x
Mon, 21 Jul 2025CN¥1.9tCN¥282.8b-CN¥7,631,450,200.0093.4x-248.8x6.7x
Wed, 18 Jun 2025CN¥1.8tCN¥282.8b-CN¥7,631,520,370.0083.9x-231.5x6.2x
Fri, 16 May 2025CN¥1.8tCN¥282.7b-CN¥7,004,863,904.0087.3x-252.8x6.3x
Sun, 13 Apr 2025CN¥1.7tCN¥283.9b-CN¥6,534,085,268.0086.6x-265.7x6.1x
Tue, 11 Mar 2025CN¥2.0tCN¥285.7b-CN¥5,169,374,755.00102.3x-394.1x7.1x
Thu, 06 Feb 2025CN¥1.8tCN¥284.2b-CN¥3,194,408,337.0092.3x-574.1x6.5x
Sat, 04 Jan 2025CN¥1.6tCN¥284.2b-CN¥3,194,408,337.0077.4x-486x5.5x
Mon, 02 Dec 2024CN¥1.9tCN¥284.2b-CN¥3,194,408,337.0094.6x-586.7x6.6x
Wed, 30 Oct 2024CN¥1.7tCN¥288.5b-CN¥2,731,668,277.0092.9x-621.8x5.9x
Fri, 27 Sep 2024CN¥1.3tCN¥288.0b-CN¥1,746,158,152.0062.9x-722.4x4.4x
Sun, 25 Aug 2024CN¥1.1tCN¥289.5b-CN¥295,059,781.0053.7x-3737x3.8x
Tue, 23 Jul 2024CN¥1.2tCN¥288.4b-CN¥272,603,923.0058.2x-4410.2x4.2x
Thu, 20 Jun 2024CN¥1.3tCN¥287.5b-CN¥591,234,431.0062.1x-2210x4.5x
Sat, 18 May 2024CN¥1.4tCN¥287.8b-CN¥326,931,190.0062.3x-4170.6x4.7x
Mon, 15 Apr 2024CN¥1.3tCN¥291.1bCN¥3.3b68.4x403.3x4.6x
Wed, 13 Mar 2024CN¥1.5tCN¥288.6bCN¥4.4b76.1x338.7x5.2x
Fri, 09 Feb 2024CN¥1.3tCN¥289.0bCN¥5.7b63.4x225.1x4.4x
Sun, 07 Jan 2024CN¥1.6tCN¥291.4bCN¥4.4b80.7x356.1x5.4x
Tue, 05 Dec 2023CN¥1.8tCN¥291.1bCN¥4.3b92.3x407x6.1x
Thu, 02 Nov 2023CN¥1.6tCN¥290.8bCN¥4.3b72.3x383.3x5.6x
Sat, 30 Sep 2023CN¥1.8tCN¥290.2bCN¥3.7b70.6x475.2x6.1x
Mon, 28 Aug 2023CN¥1.8tCN¥291.3bCN¥3.2b67.4x552.5x6.1x
Wed, 26 Jul 2023CN¥2.0tCN¥288.9bCN¥3.3b76.4x601x6.9x
Fri, 23 Jun 2023CN¥2.3tCN¥288.5bCN¥3.9b83.7x589.7x7.9x
Sun, 21 May 2023CN¥2.1tCN¥290.3bCN¥3.2b76.5x653x7.2x
Tue, 18 Apr 2023CN¥2.3tCN¥295.5bCN¥5.5b93x419.6x7.7x
Thu, 16 Mar 2023CN¥2.0tCN¥295.8bCN¥6.7b79.5x298.8x6.7x
Sat, 11 Feb 2023CN¥1.9tCN¥296.5bCN¥7.3b78x265.7x6.5x
Mon, 09 Jan 2023CN¥1.7tCN¥296.2bCN¥7.2b71.7x235.7x5.8x
Wed, 07 Dec 2022CN¥1.7tCN¥296.2bCN¥7.2b70.9x234.1x5.7x
Fri, 04 Nov 2022CN¥1.7tCN¥295.6bCN¥7.1b69.3x240.2x5.8x
Sun, 02 Oct 2022CN¥1.3tCN¥293.2bCN¥10.4b50.5x129.4x4.6x
Tue, 30 Aug 2022CN¥1.4tCN¥292.6bCN¥10.7b52.8x135.1x4.9x
Price to Earnings Ratio

135.1x


Total Market Cap: CN¥1.4tTotal Earnings: CN¥10.7bTotal Revenue: CN¥292.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Software Industry Price to Earnings3Y Average -353x202320242025
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 5.9x 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 Market3.90%
Tech8.55%
Software8.35%
Systems Software9.46%
Application Software7.98%
Industry PE
    Forecasted Growth
    • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 60% over the next 5 years.
    • This is better than its past earnings growth rate of 2.3% 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¥329.3613.3%
    +CN¥17.9b
    73.5%PE91.3x
    300339 Jiangsu Hoperun SoftwareCN¥64.8418.3%
    +CN¥7.8b
    211.7%PE371.4x
    002230 iFLYTEKLTDCN¥52.226.4%
    +CN¥7.3b
    53.9%PE166.6x
    300454 Sangfor TechnologiesCN¥119.8516.9%
    +CN¥7.2b
    162.4%PE114.6x
    600588 Yonyou Network TechnologyLtdCN¥17.1712.4%
    +CN¥6.5b
    104.9%PS6.7x

    Latest News