Does China Bester Group Telecom (SHSE:603220) Deserve A Spot On Your Watchlist?
Nov 21
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Chinese (SSE) Telecom Services and Carriers Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies8
- 7D-3.1%
- 3M40.2%
- 1Y-21.3%
- YTD-9.5%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 6.3%, driven by a pullback from China Bester Group Telecom of 9.8%. In contrast, NET263 has gained 11%. Overall the industry is down 24% in 12 months. As for the next few years, earnings are expected to grow by 81% per annum.
Industry Valuation and Performance
Has the Chinese Telecom Services and Carriers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥42.2b | CN¥11.0b | -CN¥1,163,854,975.00 | 74.3x | -36.3x | 3.8x |
| Sat, 19 Oct 2024 | CN¥37.1b | CN¥11.9b | -CN¥1,007,261,531.00 | 57.1x | -36.8x | 3.1x |
| Mon, 16 Sep 2024 | CN¥30.0b | CN¥11.9b | -CN¥1,007,261,534.00 | 46.9x | -29.7x | 2.5x |
| Wed, 14 Aug 2024 | CN¥30.0b | CN¥12.3b | -CN¥804,921,583.00 | 60.9x | -37.3x | 2.4x |
| Fri, 12 Jul 2024 | CN¥33.3b | CN¥12.3b | -CN¥820,614,249.00 | 73.9x | -40.5x | 2.7x |
| Sun, 09 Jun 2024 | CN¥30.9b | CN¥12.3b | -CN¥820,614,249.00 | 68.3x | -37.6x | 2.5x |
| Tue, 07 May 2024 | CN¥38.6b | CN¥12.1b | -CN¥844,212,290.00 | 82.3x | -45.7x | 3.2x |
| Thu, 04 Apr 2024 | CN¥41.3b | CN¥12.9b | -CN¥603,335,284.00 | 92x | -68.4x | 3.2x |
| Sat, 02 Mar 2024 | CN¥42.5b | CN¥12.9b | -CN¥289,663,247.00 | 99.6x | -146.6x | 3.3x |
| Mon, 29 Jan 2024 | CN¥40.0b | CN¥12.9b | -CN¥289,663,247.00 | 96.5x | -138.1x | 3.1x |
| Wed, 27 Dec 2023 | CN¥45.5b | CN¥12.9b | -CN¥289,663,247.00 | 105.3x | -157x | 3.5x |
| Fri, 24 Nov 2023 | CN¥52.8b | CN¥12.9b | -CN¥289,663,247.00 | 116x | -182.4x | 4.1x |
| Sun, 22 Oct 2023 | CN¥47.8b | CN¥12.8b | -CN¥234,657,850.00 | 92.5x | -203.9x | 3.7x |
| Tue, 19 Sep 2023 | CN¥43.0b | CN¥12.8b | -CN¥234,657,850.00 | 91.9x | -183.1x | 3.4x |
| Thu, 17 Aug 2023 | CN¥41.3b | CN¥12.5b | -CN¥383,395,939.00 | 248.8x | -107.7x | 3.3x |
| Sat, 15 Jul 2023 | CN¥42.0b | CN¥12.4b | -CN¥389,325,020.00 | 264.9x | -108x | 3.4x |
| Mon, 12 Jun 2023 | CN¥46.4b | CN¥12.4b | -CN¥389,325,020.00 | 289.8x | -119.1x | 3.7x |
| Wed, 10 May 2023 | CN¥39.5b | CN¥12.4b | -CN¥389,325,027.00 | 274.7x | -101.5x | 3.2x |
| Fri, 07 Apr 2023 | CN¥37.7b | CN¥11.5b | -CN¥2,306,429,793.00 | 66.3x | -16.4x | 3.3x |
| Sun, 05 Mar 2023 | CN¥34.5b | CN¥11.5b | -CN¥2,306,429,793.00 | 58.6x | -15x | 3x |
| Tue, 31 Jan 2023 | CN¥33.1b | CN¥11.5b | -CN¥2,306,429,793.00 | 54x | -14.4x | 2.9x |
| Thu, 29 Dec 2022 | CN¥28.5b | CN¥11.5b | -CN¥2,306,429,793.00 | 46.6x | -12.4x | 2.5x |
| Sat, 26 Nov 2022 | CN¥30.4b | CN¥11.5b | -CN¥2,306,429,796.00 | 51.7x | -13.2x | 2.7x |
| Mon, 24 Oct 2022 | CN¥28.7b | CN¥11.5b | -CN¥2,254,345,531.00 | 45.2x | -12.7x | 2.5x |
| Wed, 21 Sep 2022 | CN¥27.3b | CN¥11.5b | -CN¥2,254,345,531.00 | 41.5x | -12.1x | 2.4x |
| Fri, 19 Aug 2022 | CN¥31.8b | CN¥11.7b | -CN¥1,060,976,234.00 | 45.3x | -30x | 2.7x |
| Sun, 17 Jul 2022 | CN¥33.3b | CN¥13.5b | -CN¥952,457,342.00 | 39.6x | -34.9x | 2.5x |
| Tue, 14 Jun 2022 | CN¥29.1b | CN¥11.7b | -CN¥1,064,247,883.00 | 42.4x | -27.3x | 2.5x |
| Thu, 12 May 2022 | CN¥26.1b | CN¥11.7b | -CN¥1,060,806,926.00 | 40.1x | -24.6x | 2.2x |
| Sat, 09 Apr 2022 | CN¥35.3b | CN¥12.5b | -CN¥280,704,879.00 | 55.4x | -125.6x | 2.8x |
| Mon, 07 Mar 2022 | CN¥37.8b | CN¥12.5b | -CN¥276,641,156.00 | 63x | -136.8x | 3x |
| Wed, 02 Feb 2022 | CN¥36.0b | CN¥12.5b | -CN¥276,641,156.00 | 64.9x | -130.1x | 2.9x |
| Fri, 31 Dec 2021 | CN¥38.4b | CN¥12.5b | -CN¥276,641,156.00 | 69.6x | -138.8x | 3.1x |
| Sun, 28 Nov 2021 | CN¥37.8b | CN¥12.5b | -CN¥276,641,156.00 | 62.7x | -136.5x | 3x |
Price to Earnings Ratio
-136.5x
Current Industry PE
- Investors are optimistic on the Chinese Telecom industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Telecom industry have deteriorated over the last three years.
- Revenues have also declined 4.2% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Trends
Which industries have driven the changes within the Chinese Telecom industry?
| CN Market | -3.39% | |
| Telecom | -4.03% | |
| Telecom Services and Carriers | -3.13% | |
| Alternative Carriers | -2.55% | |
| Integrated Telecom Services | -3.36% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Integrated Telecom Services industry, expecting annual earnings growth of 81% over the next 5 years.
- This is better than its past earnings growth rate of 32% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 81% 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 | |
|---|---|---|---|---|---|
| 002467 NET263 | CN¥5.52 | 26.9% +CN¥1.6b | 9.1% | PS8.4x | |
| 300921 NOVA Technology | CN¥24.53 | 7.1% +CN¥212.3m | -14.1% | PE115.3x |
