Investors Don't See Light At End Of Dr. Peng Telecom & Media Group Co., Ltd.'s (SHSE:600804) Tunnel And Push Stock Down 26%
Apr 24
Chinese (SSE) Telecom Services and Carriers Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies8
- 7D-0.1%
- 3M-10.3%
- 1Y-8.6%
- YTD-23.4%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.1%, driven by Dr. Peng Telecom & Media Group declining 14%. The industry has fallen 11% in the last year. Looking forward, earnings are forecast to grow by 72% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥35.8b | CN¥12.9b | -CN¥597,212,309.00 | 78.2x | -60x | 2.8x |
| Sun, 24 Mar 2024 | CN¥45.6b | CN¥12.9b | -CN¥289,663,247.00 | 103.4x | -157.3x | 3.5x |
| Tue, 20 Feb 2024 | CN¥34.1b | CN¥12.9b | -CN¥289,663,247.00 | 79.4x | -117.7x | 2.6x |
| Thu, 18 Jan 2024 | CN¥41.1b | CN¥12.9b | -CN¥289,663,247.00 | 98.7x | -142x | 3.2x |
| Sat, 16 Dec 2023 | CN¥47.8b | CN¥12.9b | -CN¥289,663,247.00 | 113.6x | -165.1x | 3.7x |
| Mon, 13 Nov 2023 | CN¥50.9b | CN¥12.9b | -CN¥289,663,247.00 | 111.2x | -175.8x | 3.9x |
| Wed, 11 Oct 2023 | CN¥50.3b | CN¥12.8b | -CN¥234,657,850.00 | 99x | -214.2x | 3.9x |
| Fri, 08 Sep 2023 | CN¥44.6b | CN¥12.8b | -CN¥234,657,850.00 | 94.5x | -190.2x | 3.5x |
| Sun, 06 Aug 2023 | CN¥42.3b | CN¥12.5b | -CN¥373,642,916.00 | 264.4x | -113.2x | 3.4x |
| Tue, 04 Jul 2023 | CN¥43.8b | CN¥12.4b | -CN¥389,325,020.00 | 270.8x | -112.6x | 3.5x |
| Thu, 01 Jun 2023 | CN¥42.3b | CN¥12.4b | -CN¥389,325,020.00 | 282.8x | -108.7x | 3.4x |
| Sat, 29 Apr 2023 | CN¥41.5b | CN¥12.5b | -CN¥334,402,791.00 | 227.5x | -124x | 3.3x |
| Mon, 27 Mar 2023 | CN¥37.8b | CN¥11.5b | -CN¥2,306,429,793.00 | 66.3x | -16.4x | 3.3x |
| Wed, 22 Feb 2023 | CN¥33.5b | CN¥11.5b | -CN¥2,306,429,793.00 | 55.6x | -14.5x | 2.9x |
| Fri, 20 Jan 2023 | CN¥31.7b | CN¥11.5b | -CN¥2,306,429,793.00 | 52.8x | -13.7x | 2.8x |
| Sun, 18 Dec 2022 | CN¥30.0b | CN¥11.5b | -CN¥2,306,429,793.00 | 50.3x | -13x | 2.6x |
| Tue, 15 Nov 2022 | CN¥34.4b | CN¥12.1b | -CN¥2,244,612,323.00 | 44.5x | -15.3x | 2.8x |
| Thu, 13 Oct 2022 | CN¥26.6b | CN¥11.5b | -CN¥2,254,345,531.00 | 41.5x | -11.8x | 2.3x |
| Sat, 10 Sep 2022 | CN¥29.5b | CN¥11.5b | -CN¥2,254,345,534.00 | 44x | -13.1x | 2.6x |
| Mon, 08 Aug 2022 | CN¥30.7b | CN¥11.7b | -CN¥1,064,247,883.00 | 44.2x | -28.9x | 2.6x |
| Wed, 06 Jul 2022 | CN¥30.4b | CN¥11.7b | -CN¥1,064,247,883.00 | 45.7x | -28.5x | 2.6x |
| Fri, 03 Jun 2022 | CN¥28.6b | CN¥11.7b | -CN¥1,064,247,883.00 | 41.2x | -26.9x | 2.5x |
| Sun, 01 May 2022 | CN¥27.5b | CN¥11.8b | -CN¥824,962,289.00 | 39.3x | -33.3x | 2.3x |
| Tue, 29 Mar 2022 | CN¥37.8b | CN¥12.5b | -CN¥276,641,156.00 | 61.3x | -136.5x | 3x |
| Thu, 24 Feb 2022 | CN¥39.3b | CN¥12.5b | -CN¥276,641,156.00 | 71.5x | -142.2x | 3.1x |
| Sat, 22 Jan 2022 | CN¥38.8b | CN¥12.5b | -CN¥276,641,156.00 | 64.5x | -140.2x | 3.1x |
| Mon, 20 Dec 2021 | CN¥38.6b | CN¥12.5b | -CN¥276,641,156.00 | 70.9x | -139.4x | 3.1x |
| Wed, 17 Nov 2021 | CN¥34.2b | CN¥12.5b | -CN¥276,641,156.00 | 67.6x | -123.5x | 2.7x |
| Fri, 15 Oct 2021 | CN¥33.3b | CN¥12.6b | CN¥1.3b | 38.5x | 24.9x | 2.6x |
| Sun, 12 Sep 2021 | CN¥34.6b | CN¥12.6b | CN¥1.3b | 40.4x | 25.9x | 2.8x |
| Tue, 10 Aug 2021 | CN¥32.7b | CN¥12.6b | CN¥1.3b | 41.9x | 24.5x | 2.6x |
| Mon, 03 May 2021 | CN¥30.9b | CN¥12.9b | CN¥616.4m | 40.2x | 50.1x | 2.4x |
Price to Earnings Ratio
50.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Telecom industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
- Total earnings for the Telecom industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Telecom industry?
| CN Market | -0.29% | |
| Telecom | -1.49% | |
| Telecom Services and Carriers | -0.15% | |
| Integrated Telecom Services | 2.07% | |
| Alternative Carriers | -4.60% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 82% over the next 5 years.
- This is better than its past earnings decline of 59% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 67% 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 | |
|---|---|---|---|---|---|
| 300560 Zhong Fu Tong Group | CN¥13.53 | 4.3% +CN¥128.7m | -6.6% | PE84.2x | |
| 603322 Super TelecomLtd | CN¥29.82 | 2.4% +CN¥111.3m | 9.6% | PS2.1x | |
| 2467 NET263 | CN¥3.64 | 2.2% +CN¥111.1m | -27.5% | PS5.7x | |
| 300025 Hangzhou Huaxing Chuangye Communication Technology | CN¥9.00 | 2.4% +CN¥106.8m | -10.2% | PS6.4x | |
| 603220 China Bester Group Telecom | CN¥28.24 | 1.2% +CN¥77.8m | 114.6% | PE65x |
