China National Software & Service Company Limited (SHSE:600536) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Nov 19
Have your own idea? Try our Stock Screener
Chinese (SSE) Application Software Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies104
- 7D-7.3%
- 3M64.1%
- 1Y-3.9%
- YTDn/a
Over the last 7 days, the Application Software industry has dropped 7.5%, and iFLYTEKLTD contributed the most with a 9.3% decline. On the other hand Sinodata is actually up 32%. The industry has fallen 7.7% in the last year. Earnings are forecast to grow by 48% annually.
Industry Valuation and Performance
Has the Chinese Application Software Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥1.3t | CN¥213.5b | -CN¥505,029,980.00 | 91x | -2658.8x | 6.3x |
| Sat, 19 Oct 2024 | CN¥1.2t | CN¥215.3b | CN¥1.1b | 73.8x | 1137.7x | 5.7x |
| Mon, 16 Sep 2024 | CN¥813.1b | CN¥213.9b | CN¥596.7m | 51.2x | 1362.7x | 3.8x |
| Wed, 14 Aug 2024 | CN¥839.7b | CN¥213.1b | CN¥2.2b | 47.7x | 384.7x | 3.9x |
| Fri, 12 Jul 2024 | CN¥876.5b | CN¥213.1b | CN¥2.1b | 49.3x | 422.5x | 4.1x |
| Sun, 09 Jun 2024 | CN¥949.5b | CN¥213.1b | CN¥2.1b | 54.2x | 455.1x | 4.5x |
| Tue, 07 May 2024 | CN¥1.1t | CN¥212.5b | CN¥2.2b | 56.4x | 494x | 5x |
| Thu, 04 Apr 2024 | CN¥1.1t | CN¥209.1b | CN¥3.3b | 68.3x | 317.9x | 5.1x |
| Sat, 02 Mar 2024 | CN¥1.1t | CN¥210.1b | CN¥5.0b | 74.9x | 227.9x | 5.5x |
| Mon, 29 Jan 2024 | CN¥1.1t | CN¥212.3b | CN¥4.2b | 69.1x | 254.7x | 5x |
| Wed, 27 Dec 2023 | CN¥1.2t | CN¥212.0b | CN¥4.1b | 76.7x | 298.4x | 5.8x |
| Fri, 24 Nov 2023 | CN¥1.4t | CN¥212.0b | CN¥4.1b | 87.3x | 327.8x | 6.4x |
| Sun, 22 Oct 2023 | CN¥1.3t | CN¥210.8b | CN¥4.5b | 64.1x | 281.4x | 6x |
| Tue, 19 Sep 2023 | CN¥1.3t | CN¥210.0b | CN¥4.6b | 68.7x | 287.8x | 6.3x |
| Thu, 17 Aug 2023 | CN¥1.5t | CN¥208.4b | CN¥5.0b | 71.4x | 295.8x | 7x |
| Sat, 15 Jul 2023 | CN¥1.6t | CN¥207.7b | CN¥5.1b | 77.8x | 313.3x | 7.7x |
| Mon, 12 Jun 2023 | CN¥1.7t | CN¥210.5b | CN¥5.3b | 79x | 320.2x | 8x |
| Wed, 10 May 2023 | CN¥1.6t | CN¥207.6b | CN¥4.0b | 79.5x | 398.8x | 7.8x |
| Fri, 07 Apr 2023 | CN¥1.8t | CN¥211.3b | CN¥8.3b | 90.6x | 218.2x | 8.5x |
| Sun, 05 Mar 2023 | CN¥1.5t | CN¥210.2b | CN¥8.2b | 76.4x | 179.7x | 7x |
| Tue, 31 Jan 2023 | CN¥1.4t | CN¥211.2b | CN¥9.3b | 72.9x | 151.8x | 6.7x |
| Thu, 29 Dec 2022 | CN¥1.2t | CN¥211.1b | CN¥9.3b | 61.4x | 127.3x | 5.6x |
| Sat, 26 Nov 2022 | CN¥1.2t | CN¥210.1b | CN¥9.2b | 61.9x | 131.1x | 5.7x |
| Mon, 24 Oct 2022 | CN¥1.1t | CN¥207.5b | CN¥9.7b | 56.2x | 117.7x | 5.5x |
| Wed, 21 Sep 2022 | CN¥1.1t | CN¥207.1b | CN¥9.9b | 57.6x | 106.9x | 5.1x |
| Fri, 19 Aug 2022 | CN¥1.1t | CN¥206.7b | CN¥10.4b | 53.4x | 109.5x | 5.5x |
| Sun, 17 Jul 2022 | CN¥1.1t | CN¥206.3b | CN¥10.6b | 50.5x | 100.1x | 5.2x |
| Tue, 14 Jun 2022 | CN¥1.1t | CN¥205.6b | CN¥10.5b | 56.4x | 103.8x | 5.3x |
| Thu, 12 May 2022 | CN¥997.3b | CN¥221.2b | CN¥11.9b | 49.9x | 84.1x | 4.5x |
| Sat, 09 Apr 2022 | CN¥1.1t | CN¥223.5b | CN¥3.5b | 45.9x | 322.9x | 5x |
| Mon, 07 Mar 2022 | CN¥1.3t | CN¥200.6b | CN¥10.7b | 53.7x | 117.2x | 6.2x |
| Wed, 02 Feb 2022 | CN¥1.3t | CN¥193.1b | CN¥10.7b | 57.1x | 122x | 6.7x |
| Fri, 31 Dec 2021 | CN¥1.4t | CN¥191.1b | CN¥10.6b | 56.7x | 132.4x | 7.4x |
| Sun, 28 Nov 2021 | CN¥1.4t | CN¥190.6b | CN¥10.5b | 53.4x | 128.5x | 7.1x |
Price to Earnings Ratio
128.5x
Current Industry PE
- Investors are relatively neutral on the Chinese Application 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 5.9x.
Past Earnings Growth
- Total earnings for the Application Software industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 3.8% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Application Software compare with similar industries?
| CN Market | -3.39% | |
| Tech | -6.40% | |
| Software | -7.16% | |
| Application Software | -7.28% | |
| Systems Software | -6.84% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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¥313.11 | 3.3% +CN¥4.7b | -1.4% | PE98.9x | |
| 300377 Shenzhen Ysstech Info-TechLtd | CN¥30.55 | 12.6% +CN¥2.6b | 234.6% | PE510.1x | |
| 300085 Shenzhen InfoGem Technologies | CN¥51.98 | 7.2% +CN¥2.5b | 256.8% | PS40.8x | |
| 300081 Hengxin Shambala CultureLtd | CN¥8.34 | 20.7% +CN¥864.9m | -16.1% | PS14.2x | |
| 688343 Shenzhen Intellifusion Technologies | CN¥39.25 | 5.9% +CN¥774.6m | -29.3% | PS18.2x |
