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Chinese (SSE) Tech Hardware Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies43
- 7D3.3%
- 3M50.7%
- 1Y28.6%
- YTD24.3%
In the last week, the Tech Hardware industry is up 3.3%, with Inspur Electronic Information Industry up 13%. Meanwhile, TPV Technology actually underperformed within the industry, shrinking 12% in the last week. This means that the industry has gained 29% over the past year. Earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Chinese Tech Hardware Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥845.1b | CN¥542.4b | CN¥12.3b | 59.6x | 68.5x | 1.6x |
| Tue, 19 Nov 2024 | CN¥783.4b | CN¥542.4b | CN¥12.4b | 56.3x | 63.2x | 1.4x |
| Thu, 17 Oct 2024 | CN¥678.3b | CN¥507.0b | CN¥11.5b | 38.5x | 58.9x | 1.3x |
| Sat, 14 Sep 2024 | CN¥540.9b | CN¥507.1b | CN¥11.6b | 30.2x | 46.7x | 1.1x |
| Mon, 12 Aug 2024 | CN¥552.0b | CN¥485.0b | CN¥10.3b | 33.8x | 53.8x | 1.1x |
| Wed, 10 Jul 2024 | CN¥593.3b | CN¥479.9b | CN¥9.8b | 44.6x | 60.4x | 1.2x |
| Fri, 07 Jun 2024 | CN¥608.9b | CN¥479.9b | CN¥9.8b | 38.4x | 62x | 1.3x |
| Sun, 05 May 2024 | CN¥653.4b | CN¥469.5b | CN¥9.8b | 42.4x | 66.5x | 1.4x |
| Tue, 02 Apr 2024 | CN¥695.8b | CN¥445.7b | CN¥15.1b | 50.5x | 46.2x | 1.6x |
| Thu, 29 Feb 2024 | CN¥625.4b | CN¥426.1b | CN¥14.9b | 48x | 41.9x | 1.5x |
| Sat, 27 Jan 2024 | CN¥577.8b | CN¥412.8b | CN¥12.4b | 49.8x | 46.6x | 1.4x |
| Mon, 25 Dec 2023 | CN¥625.2b | CN¥413.0b | CN¥12.5b | 52.6x | 50.1x | 1.5x |
| Wed, 22 Nov 2023 | CN¥660.4b | CN¥413.0b | CN¥12.5b | 49.6x | 52.9x | 1.6x |
| Fri, 20 Oct 2023 | CN¥623.8b | CN¥397.9b | CN¥13.3b | 46x | 47.1x | 1.6x |
| Sun, 17 Sep 2023 | CN¥615.5b | CN¥392.8b | CN¥12.1b | 43.9x | 51x | 1.6x |
| Tue, 15 Aug 2023 | CN¥647.2b | CN¥395.8b | CN¥12.8b | 49.3x | 50.7x | 1.6x |
| Thu, 13 Jul 2023 | CN¥602.8b | CN¥307.2b | CN¥9.8b | 47.8x | 61.8x | 2x |
| Sat, 10 Jun 2023 | CN¥639.3b | CN¥307.2b | CN¥9.8b | 49.2x | 65.5x | 2.1x |
| Mon, 08 May 2023 | CN¥570.8b | CN¥319.1b | CN¥10.4b | 49.6x | 55x | 1.8x |
| Wed, 05 Apr 2023 | CN¥600.8b | CN¥325.7b | CN¥10.4b | 51.5x | 57.6x | 1.8x |
| Fri, 03 Mar 2023 | CN¥541.3b | CN¥325.0b | CN¥10.5b | 44.6x | 51.5x | 1.7x |
| Sun, 29 Jan 2023 | CN¥469.6b | CN¥327.4b | CN¥11.3b | 43.5x | 41.7x | 1.4x |
| Tue, 27 Dec 2022 | CN¥424.7b | CN¥327.1b | CN¥11.2b | 36.4x | 38x | 1.3x |
| Thu, 24 Nov 2022 | CN¥458.7b | CN¥327.1b | CN¥11.2b | 38.7x | 41x | 1.4x |
| Sat, 22 Oct 2022 | CN¥420.5b | CN¥331.9b | CN¥12.4b | 36.9x | 33.8x | 1.3x |
| Mon, 19 Sep 2022 | CN¥413.5b | CN¥331.6b | CN¥12.3b | 34.7x | 33.5x | 1.2x |
| Wed, 17 Aug 2022 | CN¥463.4b | CN¥329.6b | CN¥11.6b | 48x | 40.1x | 1.4x |
| Fri, 15 Jul 2022 | CN¥421.1b | CN¥320.2b | CN¥10.5b | 45.7x | 40.1x | 1.3x |
| Sun, 12 Jun 2022 | CN¥425.6b | CN¥320.2b | CN¥10.5b | 43.9x | 40.5x | 1.3x |
| Tue, 10 May 2022 | CN¥380.2b | CN¥320.4b | CN¥11.1b | 41.6x | 34.4x | 1.2x |
| Thu, 07 Apr 2022 | CN¥435.1b | CN¥309.7b | CN¥13.3b | 38.2x | 32.6x | 1.4x |
| Sat, 05 Mar 2022 | CN¥503.1b | CN¥309.7b | CN¥13.3b | 41.8x | 37.9x | 1.6x |
| Mon, 31 Jan 2022 | CN¥504.8b | CN¥308.6b | CN¥12.6b | 42.9x | 40x | 1.6x |
| Wed, 29 Dec 2021 | CN¥575.3b | CN¥310.6b | CN¥13.0b | 43.5x | 44.2x | 1.9x |
Price to Earnings Ratio
44.2x
Current Industry PE
- Investors are optimistic on the Chinese Tech industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 68.5x which is higher than its 3-year average PE of 48.5x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Tech industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 21% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Chinese Tech industry?
| CN Market | -1.18% | |
| Tech | 1.97% | |
| Tech Hardware | 3.29% | |
| Tech Hardware Storage and Peripherals | 3.29% | |
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 | |
|---|---|---|---|---|---|
| 000977 Inspur Electronic Information Industry | CN¥51.56 | 12.7% +CN¥8.5b | 58.2% | PE33x | |
| 603019 Dawning Information Industry | CN¥75.54 | 5.0% +CN¥5.3b | 93.6% | PE59.6x | |
| 002180 Ninestar | CN¥30.25 | 8.4% +CN¥3.3b | 32.9% | PS1.7x | |
| 603296 Huaqin Technology | CN¥64.88 | 3.9% +CN¥2.5b | 22.6% | PE23.7x | |
| 300866 Anker Innovations | CN¥94.24 | 4.2% +CN¥2.0b | 43.8% | PE26.7x |
