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Chinese (SSE) Telecom Sector Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies142
  • 7D6.1%
  • 3M3.4%
  • 1Y-9.6%
  • YTD-22.5%

In the last week, the Telecom industry is up 6.1%, with China United Network Communications up 14%. During this same period, the Shen Zhen Shengxunda TechnologyLtd underperformed, falling 7.4%. In the past year, the industry is down 9.6%. As for the next few years, earnings are expected to grow by 36% per annum.

Sector Valuation and Performance

Has the Chinese Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022CN„1.4tCN„828.0bCN„27.8b36.6x49.6x1.7x
Wed, 02 Nov 2022CN„1.2tCN„828.4bCN„27.8b33.4x42.6x1.4x
Fri, 30 Sep 2022CN„1.2tCN„825.3bCN„31.7b27.9x36.5x1.4x
Sun, 28 Aug 2022CN„1.3tCN„838.7bCN„38.1b32.1x34.3x1.6x
Tue, 26 Jul 2022CN„1.3tCN„830.1bCN„37.7b31.4x33.9x1.5x
Thu, 23 Jun 2022CN„1.3tCN„828.0bCN„37.6b30.7x34.3x1.6x
Sat, 21 May 2022CN„1.2tCN„828.7bCN„36.3b30.7x34.4x1.5x
Mon, 18 Apr 2022CN„1.3tCN„827.1bCN„31.0b30.4x41.6x1.6x
Wed, 16 Mar 2022CN„1.3tCN„825.8bCN„31.2b30.4x40.4x1.5x
Fri, 11 Feb 2022CN„1.5tCN„819.7bCN„32.2b36.3x47.2x1.9x
Sun, 09 Jan 2022CN„1.7tCN„819.6bCN„32.2b38.7x51.9x2x
Tue, 07 Dec 2021CN„1.5tCN„819.6bCN„32.2b33.2x45.2x1.8x
Thu, 04 Nov 2021CN„1.4tCN„820.0bCN„32.4b31x43.6x1.7x
Sat, 02 Oct 2021CN„1.4tCN„803.6bCN„35.6b27.3x39.5x1.7x
Mon, 30 Aug 2021CN„1.4tCN„806.3bCN„36.0b28.4x38.5x1.7x
Tue, 06 Jul 2021CN„1.5tCN„792.8bCN„34.3b31.8x44.8x1.9x
Fri, 09 Apr 2021CN„1.5tCN„767.8bCN„28.5b33.1x52.8x2x
Thu, 31 Dec 2020CN„1.6tCN„737.6bCN„23.6b36.6x69.3x2.2x
Sun, 04 Oct 2020CN„1.8tCN„729.1bCN„4.0b37.7x446.3x2.5x
Wed, 08 Jul 2020CN„1.8tCN„727.3bCN„208.1m44.7x8794.3x2.5x
Tue, 31 Mar 2020CN„1.5tCN„726.5b-CN„823,837,112.0037.7x-1825.5x2.1x
Fri, 03 Jan 2020CN„1.6tCN„738.3bCN„1.5b43.4x1025.3x2.1x
Price to Earnings Ratio

1025.3x


Total Market Cap: CN„1.6tTotal Earnings: CN„1.5bTotal Revenue: CN„738.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Telecom Sector Price to Earnings3Y Average 576.4x20212022
Current Industry PE
  • Investors are pessimistic on the Chinese Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 49.6x which is lower than its 3-year average PE of 577x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 162% per year over the last three years.
  • Revenues for these companies have grown 3.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Telecom sector?

CN Market2.50%
Telecom6.11%
Wireless Telecom13.18%
Entertainment6.41%
Telecom Services and Carriers4.72%
Media4.50%
Interactive Media and Services1.74%
Industry PE
  • Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 49.6%, which is higher than its past year's earnings decline of 23.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 93% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 9.5% 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
600050 China United Network CommunicationsCN„5.2024.4%
+CN„32.4b
33.3%PE22.3x
2027 Focus Media Information TechnologyCN„6.4017.2%
+CN„13.6b
-7.4%PE24.5x
601698 China Satellite CommunicationsCN„13.1414.9%
+CN„7.2b
-11.5%PE76.6x
600977 China FilmLtdCN„14.7020.0%
+CN„4.6b
26.0%PS6.5x
300413 Mango Excellent MediaCN„27.009.0%
+CN„4.2b
-39.4%PE28.1x
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Latest News

2027

CN„6.40

Focus Media Information Technology

7D

17.2%

1Y

-7.4%

603000

CN„14.36

People.cn

7D

32.4%

1Y

10.1%

600977

CN„14.70

China FilmLtd

7D

20.0%

1Y

26.0%

600633

CN„9.91

Zhejiang Daily Digital Culture GroupLtd

7D

26.6%

1Y

13.9%

600050

CN„5.20

China United Network Communications

7D

24.4%

1Y

33.3%

601949

CN„5.57

China Publishing & Media Holdings

7D

-4.0%

1Y

3.1%

601098

CN„10.08

China South Publishing & Media Group

7D

-0.4%

1Y

6.6%

600088

CN„10.10

China Television Media

7D

-1.5%

1Y

5.4%

300413

CN„27.00

Mango Excellent Media

7D

9.0%

1Y

-39.4%

300071

CN„4.24

FS Development Investment Holdings

7D

-7.8%

1Y

50.9%

2739

CN„13.89

Wanda Film Holding

7D

12.9%

1Y

-0.7%

2181

CN„6.62

Guangdong Guangzhou Daily Media

7D

-7.8%

1Y

62.7%

2445

CN„2.56

Jiangyin Zhongnan Heavy IndustriesLtd

7D

-1.2%

1Y

-16.1%