Chinese (SSE) Telecom Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies148
- 7D1.1%
- 3M-3.3%
- 1Y23.2%
- YTD19.0%
Over the last 7 days, the Telecom industry has risen 1.1%, driven by gains from Kunlun Tech of 17%. In the same time, Focus Media Information Technology was down 6.0%. This means that the industry has gained 23% over the past year. Earnings are forecast to grow by 39% annually.
Sector Valuation and Performance
Has the Chinese Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | CN¥1.8t | CN¥880.6b | CN¥25.5b | 52.3x | 69.4x | 2x |
| Tue, 31 Oct 2023 | CN¥1.6t | CN¥871.4b | CN¥21.7b | 44.6x | 74.5x | 1.9x |
| Thu, 28 Sep 2023 | CN¥1.7t | CN¥864.7b | CN¥21.1b | 46.3x | 81.1x | 2x |
| Sat, 26 Aug 2023 | CN¥1.7t | CN¥857.9b | CN¥19.6b | 50.8x | 88.2x | 2x |
| Mon, 24 Jul 2023 | CN¥1.8t | CN¥844.4b | CN¥18.8b | 54x | 97.6x | 2.2x |
| Wed, 21 Jun 2023 | CN¥2.2t | CN¥845.3b | CN¥19.1b | 67.3x | 112.7x | 2.6x |
| Fri, 19 May 2023 | CN¥1.9t | CN¥848.9b | CN¥20.2b | 58.2x | 95.8x | 2.3x |
| Sun, 16 Apr 2023 | CN¥2.0t | CN¥849.3b | CN¥29.4b | 47.9x | 67x | 2.3x |
| Tue, 14 Mar 2023 | CN¥1.7t | CN¥844.7b | CN¥28.6b | 37.5x | 57.8x | 2x |
| Thu, 09 Feb 2023 | CN¥1.5t | CN¥836.6b | CN¥27.9b | 38.6x | 55.1x | 1.8x |
| Sat, 07 Jan 2023 | CN¥1.4t | CN¥828.0b | CN¥27.8b | 36.5x | 51x | 1.7x |
| Mon, 05 Dec 2022 | CN¥1.4t | CN¥828.0b | CN¥27.8b | 36.6x | 49.6x | 1.7x |
| Wed, 02 Nov 2022 | CN¥1.2t | CN¥828.4b | CN¥27.8b | 33.4x | 42.6x | 1.4x |
| Fri, 30 Sep 2022 | CN¥1.2t | CN¥825.3b | CN¥31.7b | 27.9x | 36.5x | 1.4x |
| Sun, 28 Aug 2022 | CN¥1.3t | CN¥838.7b | CN¥38.1b | 32.1x | 34.3x | 1.6x |
| Tue, 26 Jul 2022 | CN¥1.3t | CN¥830.1b | CN¥37.7b | 31.4x | 33.9x | 1.5x |
| Thu, 23 Jun 2022 | CN¥1.3t | CN¥828.0b | CN¥37.6b | 30.7x | 34.3x | 1.6x |
| Sat, 21 May 2022 | CN¥1.2t | CN¥828.7b | CN¥36.3b | 30.7x | 34.4x | 1.5x |
| Mon, 18 Apr 2022 | CN¥1.3t | CN¥827.1b | CN¥31.0b | 30.4x | 41.6x | 1.6x |
| Wed, 16 Mar 2022 | CN¥1.3t | CN¥825.8b | CN¥31.2b | 30.4x | 40.4x | 1.5x |
| Fri, 11 Feb 2022 | CN¥1.5t | CN¥819.7b | CN¥32.2b | 36.3x | 47.2x | 1.9x |
| Sun, 09 Jan 2022 | CN¥1.7t | CN¥819.6b | CN¥32.2b | 38.7x | 51.9x | 2x |
| Tue, 07 Dec 2021 | CN¥1.5t | CN¥819.6b | CN¥32.2b | 33.2x | 45.2x | 1.8x |
| Thu, 04 Nov 2021 | CN¥1.4t | CN¥820.0b | CN¥32.4b | 31x | 43.6x | 1.7x |
| Sat, 02 Oct 2021 | CN¥1.4t | CN¥803.6b | CN¥35.6b | 27.3x | 39.5x | 1.7x |
| Mon, 30 Aug 2021 | CN¥1.4t | CN¥806.3b | CN¥36.0b | 28.4x | 38.5x | 1.7x |
| Tue, 06 Jul 2021 | CN¥1.5t | CN¥792.8b | CN¥34.3b | 31.8x | 44.8x | 1.9x |
| Fri, 09 Apr 2021 | CN¥1.5t | CN¥767.8b | CN¥28.5b | 33.1x | 52.8x | 2x |
| Thu, 31 Dec 2020 | CN¥1.6t | CN¥737.6b | CN¥23.6b | 36.6x | 69.3x | 2.2x |
Price to Earnings Ratio
424.9x
Current Industry PE
- Investors are optimistic on the Chinese Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 69.4x which is higher than its 3-year average PE of 56.4x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 85% per year over the last three years.
- Revenues for these companies have grown 6.5% 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 Market | -0.43% | |
| Telecom | 1.11% | |
| Entertainment | 3.38% | |
| Interactive Media and Services | 2.72% | |
| Media | -0.17% | |
| Wireless Telecom | -0.90% | |
| Telecom Services and Carriers | -2.43% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry even though it's trading below its 3-year average PE ratio of 75.4x.
- Analysts are expecting annual earnings growth of 26.0%, which is higher than its past year's earnings growth of 3.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 53% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300418 Kunlun Tech | CN¥38.82 | 16.9% +CN¥6.8b | 168.1% | PE67.9x | |
| 603000 People.cn | CN¥34.55 | 5.6% +CN¥2.0b | 164.8% | PE142.2x | |
| 2555 37 Interactive Entertainment Network Technology Group | CN¥23.29 | 3.9% +CN¥1.9b | 33.2% | PE17.8x | |
| 301171 Easy Click Worldwide Network Technology | CN¥22.20 | 19.9% +CN¥1.7b | 21.8% | PE54.4x | |
| 300459 Zhejiang Jinke Tom Culture Industry | CN¥5.56 | 9.4% +CN¥1.7b | 67.0% | PE81.4x |