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Chinese (SSE) Telecom Sector Analysis
UpdatedDec 03, 2024
DataAggregated Company Financials
Companies142
- 7D5.3%
- 3M40.8%
- 1Y2.6%
- YTD11.9%
Leo Group is up 61%, leading the way for the Telecom industry, which has gained 5.3%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Tue, 03 Dec 2024 | CN¥1.8t | CN¥899.7b | CN¥36.2b | 53.8x | 51x | 2.1x |
| Thu, 31 Oct 2024 | CN¥1.7t | CN¥903.6b | CN¥37.6b | 48.8x | 44.4x | 1.8x |
| Sat, 28 Sep 2024 | CN¥1.5t | CN¥899.4b | CN¥39.2b | 44x | 38.1x | 1.7x |
| Mon, 26 Aug 2024 | CN¥1.3t | CN¥900.2b | CN¥41.2b | 38.9x | 31.2x | 1.4x |
| Wed, 24 Jul 2024 | CN¥1.3t | CN¥897.7b | CN¥42.1b | 38.7x | 30.6x | 1.4x |
| Fri, 21 Jun 2024 | CN¥1.4t | CN¥897.7b | CN¥42.1b | 39.8x | 32.6x | 1.5x |
| Sun, 19 May 2024 | CN¥1.5t | CN¥897.5b | CN¥41.9b | 46.4x | 36.5x | 1.7x |
| Tue, 16 Apr 2024 | CN¥1.5t | CN¥885.7b | CN¥28.2b | 38.1x | 54.8x | 1.7x |
| Thu, 14 Mar 2024 | CN¥1.7t | CN¥880.8b | CN¥30.1b | 44.5x | 55.9x | 1.9x |
| Sat, 10 Feb 2024 | CN¥1.4t | CN¥879.0b | CN¥26.8b | 38.7x | 52.7x | 1.6x |
| Mon, 08 Jan 2024 | CN¥1.6t | CN¥880.9b | CN¥25.8b | 45.9x | 62.1x | 1.8x |
| Wed, 06 Dec 2023 | CN¥1.7t | CN¥880.6b | CN¥25.5b | 50x | 68.2x | 2x |
| Fri, 03 Nov 2023 | CN¥1.6t | CN¥881.1b | CN¥25.5b | 44.7x | 64.3x | 1.9x |
| Sun, 01 Oct 2023 | CN¥1.7t | CN¥864.7b | CN¥21.1b | 46.6x | 80.9x | 2x |
| Tue, 29 Aug 2023 | CN¥1.8t | CN¥859.2b | CN¥19.9b | 52.1x | 88.3x | 2x |
| Thu, 27 Jul 2023 | CN¥1.8t | CN¥844.6b | CN¥18.8b | 56x | 96.9x | 2.2x |
| Sat, 24 Jun 2023 | CN¥2.0t | CN¥845.2b | CN¥19.2b | 62x | 105.4x | 2.4x |
| Mon, 22 May 2023 | CN¥1.9t | CN¥848.0b | CN¥20.5b | 56.5x | 92.2x | 2.2x |
| Wed, 19 Apr 2023 | CN¥1.9t | CN¥849.3b | CN¥29.2b | 45.9x | 65.6x | 2.3x |
| Fri, 17 Mar 2023 | CN¥1.6t | CN¥844.7b | CN¥28.6b | 37.1x | 57.4x | 1.9x |
| Sun, 12 Feb 2023 | CN¥1.5t | CN¥837.4b | CN¥27.9b | 38.7x | 55.3x | 1.8x |
| Tue, 10 Jan 2023 | CN¥1.4t | CN¥828.0b | CN¥27.8b | 37.2x | 51.4x | 1.7x |
| Thu, 08 Dec 2022 | CN¥1.4t | CN¥828.0b | CN¥27.8b | 36.2x | 50.6x | 1.7x |
| Sat, 05 Nov 2022 | CN¥1.2t | CN¥828.6b | CN¥27.5b | 34.7x | 44.8x | 1.5x |
| Mon, 03 Oct 2022 | CN¥1.2t | CN¥826.0b | CN¥31.8b | 29x | 36.5x | 1.4x |
| Wed, 31 Aug 2022 | CN¥1.3t | CN¥834.6b | CN¥36.3b | 34.5x | 36.6x | 1.6x |
| Fri, 29 Jul 2022 | CN¥1.3t | CN¥830.1b | CN¥37.7b | 32.5x | 34.3x | 1.6x |
| Sun, 26 Jun 2022 | CN¥1.3t | CN¥828.0b | CN¥37.6b | 31.5x | 34.7x | 1.6x |
| Tue, 24 May 2022 | CN¥1.3t | CN¥828.7b | CN¥36.3b | 31.4x | 34.7x | 1.5x |
| Thu, 21 Apr 2022 | CN¥1.3t | CN¥826.7b | CN¥31.7b | 30.3x | 40.7x | 1.6x |
| Sat, 19 Mar 2022 | CN¥1.4t | CN¥825.3b | CN¥31.3b | 32.7x | 43.5x | 1.6x |
| Mon, 14 Feb 2022 | CN¥1.5t | CN¥819.7b | CN¥32.2b | 35.5x | 46.3x | 1.8x |
| Wed, 12 Jan 2022 | CN¥1.6t | CN¥819.6b | CN¥32.2b | 38.9x | 50.9x | 2x |
| Fri, 10 Dec 2021 | CN¥1.5t | CN¥819.6b | CN¥32.2b | 34.5x | 46.7x | 1.8x |
Price to Earnings Ratio
46.7x
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 51.0x which is lower than its 3-year average PE of 54.2x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 3.9% per year over the last three years.
- Revenues for these companies have grown 3.2% 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 | 3.74% | |
| Telecom | 5.34% | |
| Telecom Services and Carriers | 8.78% | |
| Media | 5.97% | |
| Entertainment | 5.56% | |
| Interactive Media and Services | 4.79% | |
| Wireless Telecom | 0.90% | |
Industry PE
- Investors are most optimistic about the Interactive Media and Services industry which is trading above its 3-year average PE ratio of 69.0x.
- Analysts are expecting annual earnings growth of 45.2%, which is higher than its past year's earnings growth of 1.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 81% over the next 5 years.
- This is better than its past earnings growth rate of 21% per year.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| 002131 Leo Group | CN¥4.44 | 60.9% +CN¥10.9b | 88.1% | PS1.4x | |
| 601698 China Satellite Communications | CN¥22.46 | 11.4% +CN¥9.7b | 26.0% | PE224x | |
| 300459 Zhejiang Jinke Tom Culture Industry | CN¥7.56 | 17.0% +CN¥3.9b | 39.7% | PS22.4x | |
| 300418 Kunlun Tech | CN¥47.29 | 6.5% +CN¥3.5b | 20.1% | PE191.9x | |
| 300251 Beijing Enlight Media | CN¥9.40 | 13.1% +CN¥3.2b | 20.7% | PE53.7x |
