The Market Doesn't Like What It Sees From Anker Innovations Limited's (SZSE:300866) Earnings Yet
Jun 10
Chinese (SSE) Tech Hardware Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies42
- 7D4.0%
- 3M-11.0%
- 1Y-20.8%
- YTD-5.7%
In the last week, the Tech Hardware industry is up 1.1%, with Dawning Information Industry up 8.8%. However, the industry is down 19% over the past year. As for the next few years, earnings are expected to grow by 33% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | CN¥621.5b | CN¥479.9b | CN¥9.8b | 40.7x | 63.3x | 1.3x |
| Mon, 13 May 2024 | CN¥639.5b | CN¥480.0b | CN¥9.8b | 40.3x | 65x | 1.3x |
| Wed, 10 Apr 2024 | CN¥656.9b | CN¥445.2b | CN¥15.0b | 45.5x | 43.7x | 1.5x |
| Fri, 08 Mar 2024 | CN¥686.1b | CN¥446.8b | CN¥15.0b | 49.8x | 45.6x | 1.5x |
| Sun, 04 Feb 2024 | CN¥515.4b | CN¥412.8b | CN¥12.4b | 40.2x | 41.5x | 1.2x |
| Tue, 02 Jan 2024 | CN¥648.7b | CN¥413.0b | CN¥12.5b | 53.6x | 52x | 1.6x |
| Thu, 30 Nov 2023 | CN¥640.0b | CN¥413.0b | CN¥12.5b | 48.5x | 51.3x | 1.5x |
| Sat, 28 Oct 2023 | CN¥615.5b | CN¥402.2b | CN¥13.4b | 45.7x | 46x | 1.5x |
| Mon, 25 Sep 2023 | CN¥623.4b | CN¥392.8b | CN¥12.1b | 44.3x | 51.6x | 1.6x |
| Wed, 23 Aug 2023 | CN¥631.2b | CN¥398.5b | CN¥12.9b | 47.5x | 48.9x | 1.6x |
| Fri, 21 Jul 2023 | CN¥604.2b | CN¥308.1b | CN¥9.8b | 49.7x | 61.6x | 2x |
| Sun, 18 Jun 2023 | CN¥671.8b | CN¥307.2b | CN¥9.8b | 51.7x | 68.9x | 2.2x |
| Tue, 16 May 2023 | CN¥568.9b | CN¥306.6b | CN¥10.1b | 44.2x | 56.5x | 1.9x |
| Thu, 13 Apr 2023 | CN¥624.0b | CN¥326.5b | CN¥10.3b | 50.6x | 60.4x | 1.9x |
| Sat, 11 Mar 2023 | CN¥522.0b | CN¥325.9b | CN¥10.6b | 45.8x | 49x | 1.6x |
| Mon, 06 Feb 2023 | CN¥493.2b | CN¥327.4b | CN¥11.3b | 43.4x | 43.8x | 1.5x |
| Wed, 04 Jan 2023 | CN¥446.0b | CN¥327.1b | CN¥11.2b | 38.1x | 39.9x | 1.4x |
| Fri, 02 Dec 2022 | CN¥456.3b | CN¥327.1b | CN¥11.2b | 39.9x | 40.8x | 1.4x |
| Sun, 30 Oct 2022 | CN¥419.6b | CN¥330.3b | CN¥11.2b | 42.6x | 37.5x | 1.3x |
| Tue, 27 Sep 2022 | CN¥384.6b | CN¥331.9b | CN¥12.4b | 33x | 31x | 1.2x |
| Thu, 25 Aug 2022 | CN¥444.1b | CN¥330.6b | CN¥11.6b | 43.6x | 38.2x | 1.3x |
| Sat, 23 Jul 2022 | CN¥419.8b | CN¥320.2b | CN¥10.5b | 46.8x | 39.9x | 1.3x |
| Mon, 20 Jun 2022 | CN¥428.9b | CN¥320.2b | CN¥10.5b | 43.8x | 40.8x | 1.3x |
| Wed, 18 May 2022 | CN¥393.3b | CN¥319.5b | CN¥10.5b | 40.8x | 37.3x | 1.2x |
| Fri, 15 Apr 2022 | CN¥410.8b | CN¥316.8b | CN¥13.9b | 36.2x | 29.5x | 1.3x |
| Sun, 13 Mar 2022 | CN¥468.7b | CN¥309.7b | CN¥13.3b | 39.8x | 35.4x | 1.5x |
| Tue, 08 Feb 2022 | CN¥500.8b | CN¥308.8b | CN¥12.8b | 43.1x | 39.1x | 1.6x |
| Thu, 06 Jan 2022 | CN¥547.1b | CN¥310.0b | CN¥13.0b | 43.3x | 41.9x | 1.8x |
| Sat, 04 Dec 2021 | CN¥560.1b | CN¥309.2b | CN¥12.8b | 45.2x | 43.7x | 1.8x |
| Mon, 01 Nov 2021 | CN¥487.7b | CN¥253.5b | CN¥12.0b | 39.9x | 40.5x | 1.9x |
| Wed, 29 Sep 2021 | CN¥488.9b | CN¥252.3b | CN¥10.5b | 43.8x | 46.7x | 1.9x |
| Fri, 27 Aug 2021 | CN¥515.4b | CN¥251.0b | CN¥10.4b | 48.8x | 49.7x | 2.1x |
| Sat, 03 Jul 2021 | CN¥585.6b | CN¥251.0b | CN¥10.4b | 50.5x | 56.4x | 2.3x |
Price to Earnings Ratio
56.4x
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 62.7x which is higher than its 3-year average PE of 46.7x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
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 24% 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 | 0.061% | |
| Tech | 4.55% | |
| Tech Hardware | 4.00% | |
| Tech Hardware Storage and Peripherals | 4.00% | |
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 | |
|---|---|---|---|---|---|
| 603019 Dawning Information Industry | CN¥42.26 | 8.8% +CN¥5.0b | -24.2% | PE33.5x | |
| 688036 Shenzhen Transsion Holdings | CN¥88.58 | 3.1% +CN¥3.0b | -11.1% | PE15.1x | |
| 977 Inspur Electronic Information Industry | CN¥36.72 | 4.1% +CN¥2.1b | -35.0% | PE28.4x | |
| 301308 Shenzhen Longsys Electronics | CN¥94.31 | 5.5% +CN¥2.0b | -13.6% | PS3x | |
| 66 China Greatwall Technology Group | CN¥9.35 | 5.2% +CN¥1.5b | -37.6% | PS2.2x |
