At CN¥11.70, Is GRG Banking Equipment Co., Ltd. (SZSE:002152) Worth Looking At Closely?
Apr 17
Chinese (SSE) Tech Hardware Storage and Peripherals Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies42
- 7D1.9%
- 3M8.7%
- 1Y-5.6%
- YTDn/a
In the last week, the Tech Hardware Storage and Peripherals industry is down 1.6% with Shanghai Longcheer Technology down the most at 15%. Meanwhile, Shenzhen Transsion Holdings actually outperformed within the industry, gaining 9.0% in the last week. Overall the industry is down 5.7% in 12 months. Looking forward, earnings are forecast to grow by 33% annually.
Industry Valuation and Performance
Has the Chinese Tech Hardware Storage and Peripherals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | CN¥652.7b | CN¥445.2b | CN¥15.0b | 44.8x | 43.4x | 1.5x |
| Sat, 16 Mar 2024 | CN¥698.3b | CN¥445.9b | CN¥15.0b | 50.9x | 46.4x | 1.6x |
| Mon, 12 Feb 2024 | CN¥565.3b | CN¥415.7b | CN¥13.3b | 37.3x | 42.5x | 1.4x |
| Wed, 10 Jan 2024 | CN¥595.0b | CN¥412.8b | CN¥12.4b | 53.7x | 48x | 1.4x |
| Fri, 08 Dec 2023 | CN¥638.4b | CN¥413.0b | CN¥12.5b | 49.6x | 51.2x | 1.5x |
| Sun, 05 Nov 2023 | CN¥637.0b | CN¥413.0b | CN¥12.5b | 44.7x | 51x | 1.5x |
| Tue, 03 Oct 2023 | CN¥634.0b | CN¥392.8b | CN¥12.1b | 46.3x | 52.5x | 1.6x |
| Thu, 31 Aug 2023 | CN¥641.8b | CN¥401.6b | CN¥13.1b | 42.7x | 48.9x | 1.6x |
| Sat, 29 Jul 2023 | CN¥599.3b | CN¥308.1b | CN¥9.8b | 50x | 61.1x | 1.9x |
| Mon, 26 Jun 2023 | CN¥672.3b | CN¥307.2b | CN¥9.8b | 52.2x | 68.9x | 2.2x |
| Wed, 24 May 2023 | CN¥574.0b | CN¥306.4b | CN¥9.9b | 46.5x | 58x | 1.9x |
| Fri, 21 Apr 2023 | CN¥613.1b | CN¥322.6b | CN¥10.2b | 48x | 60.3x | 1.9x |
| Sun, 19 Mar 2023 | CN¥529.8b | CN¥325.9b | CN¥10.8b | 41.2x | 49.3x | 1.6x |
| Tue, 14 Feb 2023 | CN¥511.0b | CN¥327.4b | CN¥11.3b | 42.9x | 45.4x | 1.6x |
| Thu, 12 Jan 2023 | CN¥443.7b | CN¥327.1b | CN¥11.2b | 37.6x | 39.7x | 1.4x |
| Sat, 10 Dec 2022 | CN¥454.6b | CN¥327.1b | CN¥11.2b | 38.5x | 40.6x | 1.4x |
| Mon, 07 Nov 2022 | CN¥443.5b | CN¥327.1b | CN¥11.2b | 42.4x | 39.7x | 1.4x |
| Wed, 05 Oct 2022 | CN¥376.7b | CN¥331.9b | CN¥12.4b | 33.5x | 30.3x | 1.1x |
| Fri, 02 Sep 2022 | CN¥424.7b | CN¥330.9b | CN¥11.7b | 41.3x | 36.2x | 1.3x |
| Sun, 31 Jul 2022 | CN¥416.7b | CN¥320.2b | CN¥10.5b | 47.7x | 39.6x | 1.3x |
| Tue, 28 Jun 2022 | CN¥426.8b | CN¥320.2b | CN¥10.5b | 46.9x | 40.6x | 1.3x |
| Thu, 26 May 2022 | CN¥387.0b | CN¥320.1b | CN¥10.5b | 40.1x | 36.8x | 1.2x |
| Sat, 23 Apr 2022 | CN¥387.9b | CN¥315.6b | CN¥12.6b | 38x | 30.7x | 1.2x |
| Mon, 21 Mar 2022 | CN¥456.3b | CN¥309.7b | CN¥13.3b | 39.3x | 34.4x | 1.5x |
| Wed, 16 Feb 2022 | CN¥515.4b | CN¥308.8b | CN¥12.8b | 43.6x | 40.2x | 1.7x |
| Fri, 14 Jan 2022 | CN¥531.0b | CN¥308.8b | CN¥12.8b | 44.5x | 41.4x | 1.7x |
| Sun, 12 Dec 2021 | CN¥563.9b | CN¥309.3b | CN¥12.8b | 43.9x | 44.1x | 1.8x |
| Tue, 09 Nov 2021 | CN¥473.6b | CN¥236.8b | CN¥11.1b | 42.1x | 42.6x | 2x |
| Thu, 07 Oct 2021 | CN¥480.8b | CN¥252.3b | CN¥10.5b | 43.4x | 45.9x | 1.9x |
| Sat, 04 Sep 2021 | CN¥512.6b | CN¥251.0b | CN¥10.4b | 46.1x | 49.4x | 2x |
| Mon, 02 Aug 2021 | CN¥537.3b | CN¥251.0b | CN¥10.4b | 50.5x | 51.8x | 2.1x |
| Thu, 06 May 2021 | CN¥520.1b | CN¥244.6b | CN¥11.2b | 42.3x | 46.6x | 2.1x |
Price to Earnings Ratio
46.6x
Current Industry PE
- Investors are relatively neutral on the Chinese Technology Hardware, Storage and Peripherals 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 PE ratio of 46.1x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Technology Hardware, Storage and Peripherals industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Tech Hardware Storage and Peripherals compare with similar industries?
| CN Market | -0.20% | |
| Tech | -0.0077% | |
| Tech Hardware | 1.90% | |
| Tech Hardware Storage and Peripherals | 1.90% | |
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 | |
|---|---|---|---|---|---|
| 688036 Shenzhen Transsion Holdings | CN¥172.54 | 6.1% +CN¥8.0b | 51.0% | PE25.3x | |
| 301308 Shenzhen Longsys Electronics | CN¥94.92 | 10.3% +CN¥3.7b | -13.5% | PS4.7x | |
| 603019 Dawning Information Industry | CN¥46.75 | 5.3% +CN¥3.5b | -14.5% | PE37.2x | |
| 300866 Anker Innovations | CN¥85.00 | 10.5% +CN¥3.3b | 25.8% | PE22.6x | |
| 2152 GRG Banking Equipment | CN¥12.16 | 3.7% +CN¥1.1b | -5.0% | PE30.9x |
