China Satellite Communications (SHSE:601698) Could Be Struggling To Allocate Capital
Dec 22
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Chinese (SSE) Cable and Satellite Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies11
- 7D-6.0%
- 3M44.2%
- 1Y13.0%
- YTDn/a
Over the last 7 days, the Cable and Satellite industry has dropped 5.3%, driven by a pullback from China Satellite Communications of 6.8%. In the past year, the industry has gained 10%. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Chinese Cable and Satellite Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥219.2b | CN¥33.2b | -CN¥2,740,701,235.00 | 112.6x | -80x | 6.6x |
| Tue, 19 Nov 2024 | CN¥213.2b | CN¥33.2b | -CN¥2,740,701,235.00 | 111.6x | -77.8x | 6.4x |
| Thu, 17 Oct 2024 | CN¥186.7b | CN¥33.7b | -CN¥2,655,237,387.00 | 85.5x | -70.3x | 5.5x |
| Sat, 14 Sep 2024 | CN¥133.6b | CN¥33.0b | -CN¥2,939,817,949.00 | 57.1x | -45.4x | 4x |
| Mon, 12 Aug 2024 | CN¥142.7b | CN¥33.5b | -CN¥2,690,811,375.00 | 49.6x | -53x | 4.3x |
| Wed, 10 Jul 2024 | CN¥133.1b | CN¥33.5b | -CN¥2,615,292,437.00 | 49.4x | -50.9x | 4x |
| Fri, 07 Jun 2024 | CN¥140.2b | CN¥33.5b | -CN¥2,615,292,437.00 | 52.8x | -53.6x | 4.2x |
| Sun, 05 May 2024 | CN¥149.6b | CN¥33.5b | -CN¥2,620,007,489.00 | 61.6x | -57.1x | 4.5x |
| Tue, 02 Apr 2024 | CN¥159.6b | CN¥36.5b | -CN¥549,577,231.00 | 59.9x | -290.5x | 4.4x |
| Thu, 29 Feb 2024 | CN¥155.4b | CN¥36.5b | -CN¥575,836,850.00 | 57.2x | -269.8x | 4.3x |
| Sat, 27 Jan 2024 | CN¥158.6b | CN¥36.5b | -CN¥575,836,850.00 | 59.7x | -275.5x | 4.3x |
| Mon, 25 Dec 2023 | CN¥172.2b | CN¥36.4b | -CN¥574,210,740.00 | 65.1x | -299.9x | 4.7x |
| Wed, 22 Nov 2023 | CN¥185.0b | CN¥36.4b | -CN¥574,210,740.00 | 70.1x | -322.2x | 5.1x |
| Fri, 20 Oct 2023 | CN¥175.7b | CN¥36.5b | -CN¥178,281,896.00 | 60.1x | -985.6x | 4.8x |
| Sun, 17 Sep 2023 | CN¥170.5b | CN¥36.5b | -CN¥178,281,896.00 | 63x | -956.4x | 4.7x |
| Tue, 15 Aug 2023 | CN¥174.3b | CN¥36.2b | -CN¥355,907,222.00 | 76.4x | -489.6x | 4.8x |
| Thu, 13 Jul 2023 | CN¥180.7b | CN¥36.1b | -CN¥312,068,701.00 | 89.2x | -579x | 5x |
| Sat, 10 Jun 2023 | CN¥179.9b | CN¥36.1b | -CN¥312,068,701.00 | 79.8x | -576.5x | 5x |
| Mon, 08 May 2023 | CN¥184.8b | CN¥35.2b | -CN¥694,819,567.00 | 77.8x | -266x | 5.3x |
| Wed, 05 Apr 2023 | CN¥206.5b | CN¥35.9b | CN¥953.4m | 49.8x | 216.6x | 5.8x |
| Fri, 03 Mar 2023 | CN¥173.5b | CN¥35.9b | CN¥1.1b | 44.1x | 161.2x | 4.8x |
| Sun, 29 Jan 2023 | CN¥154.2b | CN¥35.9b | CN¥1.1b | 40.8x | 136.3x | 4.3x |
| Tue, 27 Dec 2022 | CN¥142.0b | CN¥36.0b | CN¥1.1b | 33.6x | 124.1x | 3.9x |
| Thu, 24 Nov 2022 | CN¥143.2b | CN¥36.0b | CN¥1.1b | 35.8x | 125.1x | 4x |
| Sat, 22 Oct 2022 | CN¥129.2b | CN¥35.9b | CN¥1.1b | 43.5x | 119.8x | 3.6x |
| Mon, 19 Sep 2022 | CN¥132.4b | CN¥35.9b | CN¥1.1b | 45.9x | 122.8x | 3.7x |
| Wed, 17 Aug 2022 | CN¥135.3b | CN¥37.1b | CN¥1.5b | 41.6x | 89.1x | 3.6x |
| Fri, 15 Jul 2022 | CN¥130.5b | CN¥36.9b | CN¥1.6b | 40.2x | 83.9x | 3.5x |
| Sun, 12 Jun 2022 | CN¥134.4b | CN¥37.0b | CN¥1.6b | 41.8x | 85.6x | 3.6x |
| Tue, 10 May 2022 | CN¥129.4b | CN¥36.9b | CN¥1.7b | 38.2x | 77x | 3.5x |
| Thu, 07 Apr 2022 | CN¥143.7b | CN¥36.6b | -CN¥474,579,066.00 | 60.6x | -302.9x | 3.9x |
| Sat, 05 Mar 2022 | CN¥151.8b | CN¥36.6b | -CN¥590,538,642.00 | 69.8x | -257x | 4.1x |
| Mon, 31 Jan 2022 | CN¥145.7b | CN¥36.6b | -CN¥590,538,642.00 | 59.4x | -246.8x | 4x |
| Wed, 29 Dec 2021 | CN¥147.7b | CN¥36.5b | -CN¥587,101,104.00 | 58.4x | -251.5x | 4x |
Price to Earnings Ratio
-251.5x
Current Industry PE
- Investors are optimistic on the Chinese Cable and Satellite industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 6.6x.
Past Earnings Growth
- The earnings for companies in the Cable and Satellite industry have deteriorated over the last three years.
- Revenues have also declined 3.1% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does Chinese Cable and Satellite compare with similar industries?
| CN Market | -1.18% | |
| Telecom | -3.11% | |
| Media | -4.09% | |
| Cable and Satellite | -5.98% | |
| Publishing | -2.40% | |
| Broadcasting | -4.29% | |
| Advertising | -4.46% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||
