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Chinese (SSE) Telecom Services and Carriers Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies8
- 7D-4.9%
- 3M17.8%
- 1Y-6.0%
- YTD-4.6%
Over the last 7 days, the Telecom Services and Carriers industry has dropped 6.5%, driven by declines in China Bester Group Telecom and Hangzhou Huaxing Chuangye Communication Technology of 7.4% and 8.6%, respectively. Overall the industry is down 3.1% in 12 months. Looking forward, earnings are forecast to grow by 81% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | CN¥44.5b | CN¥11.0b | -CN¥1,163,854,975.00 | 81x | -38.2x | 4x |
| Thu, 28 Nov 2024 | CN¥47.2b | CN¥11.0b | -CN¥1,163,854,975.00 | 79.4x | -40.6x | 4.3x |
| Sat, 26 Oct 2024 | CN¥38.8b | CN¥12.0b | -CN¥994,853,180.00 | 64.8x | -39x | 3.2x |
| Mon, 23 Sep 2024 | CN¥30.5b | CN¥11.9b | -CN¥1,007,261,531.00 | 44.7x | -30.3x | 2.6x |
| Wed, 21 Aug 2024 | CN¥31.2b | CN¥12.3b | -CN¥804,921,583.00 | 59.2x | -38.8x | 2.5x |
| Fri, 19 Jul 2024 | CN¥31.1b | CN¥12.3b | -CN¥820,614,248.00 | 69.3x | -37.9x | 2.5x |
| Sun, 16 Jun 2024 | CN¥33.1b | CN¥12.3b | -CN¥820,614,249.00 | 73.4x | -40.4x | 2.7x |
| Tue, 14 May 2024 | CN¥35.0b | CN¥12.1b | -CN¥828,919,396.00 | 66.8x | -42.2x | 2.9x |
| Thu, 11 Apr 2024 | CN¥39.7b | CN¥12.9b | -CN¥603,335,284.00 | 86.3x | -65.8x | 3.1x |
| Sat, 09 Mar 2024 | CN¥43.0b | CN¥12.9b | -CN¥289,663,247.00 | 100.2x | -148.5x | 3.3x |
| Mon, 05 Feb 2024 | CN¥32.0b | CN¥12.9b | -CN¥289,663,247.00 | 75.3x | -110.5x | 2.5x |
| Wed, 03 Jan 2024 | CN¥46.8b | CN¥12.9b | -CN¥289,663,247.00 | 109.6x | -161.6x | 3.6x |
| Fri, 01 Dec 2023 | CN¥49.7b | CN¥12.9b | -CN¥289,663,247.00 | 112x | -171.5x | 3.8x |
| Sun, 29 Oct 2023 | CN¥49.0b | CN¥13.0b | -CN¥262,144,223.00 | 104.5x | -186.9x | 3.8x |
| Tue, 26 Sep 2023 | CN¥45.2b | CN¥12.8b | -CN¥234,657,850.00 | 95.1x | -192.8x | 3.5x |
| Thu, 24 Aug 2023 | CN¥42.2b | CN¥12.5b | -CN¥383,395,939.00 | 251.3x | -110x | 3.4x |
| Sat, 22 Jul 2023 | CN¥41.2b | CN¥12.4b | -CN¥389,325,020.00 | 255.1x | -105.9x | 3.3x |
| Mon, 19 Jun 2023 | CN¥48.7b | CN¥12.4b | -CN¥389,325,020.00 | 291.7x | -125x | 3.9x |
| Wed, 17 May 2023 | CN¥38.2b | CN¥12.4b | -CN¥389,325,023.00 | 262.6x | -98.2x | 3.1x |
| Fri, 14 Apr 2023 | CN¥38.5b | CN¥11.4b | -CN¥2,272,509,466.00 | 82.9x | -16.9x | 3.4x |
| Sun, 12 Mar 2023 | CN¥34.7b | CN¥11.5b | -CN¥2,306,429,793.00 | 61.8x | -15x | 3x |
| Tue, 07 Feb 2023 | CN¥34.3b | CN¥11.5b | -CN¥2,306,429,793.00 | 56.6x | -14.9x | 3x |
| Thu, 05 Jan 2023 | CN¥31.9b | CN¥11.5b | -CN¥2,306,429,793.00 | 51.4x | -13.8x | 2.8x |
| Sat, 03 Dec 2022 | CN¥32.0b | CN¥11.5b | -CN¥2,306,429,796.00 | 52.9x | -13.9x | 2.8x |
| Mon, 31 Oct 2022 | CN¥30.5b | CN¥12.1b | -CN¥2,236,587,908.00 | 44.8x | -13.6x | 2.5x |
| Wed, 28 Sep 2022 | CN¥26.5b | CN¥11.5b | -CN¥2,254,345,531.00 | 41.3x | -11.8x | 2.3x |
| Fri, 26 Aug 2022 | CN¥30.3b | CN¥11.6b | -CN¥1,043,817,027.00 | 42.4x | -29x | 2.6x |
| Sun, 24 Jul 2022 | CN¥34.5b | CN¥13.5b | -CN¥952,457,342.00 | 41.9x | -36.2x | 2.6x |
| Tue, 21 Jun 2022 | CN¥29.5b | CN¥11.7b | -CN¥1,064,247,883.00 | 42.7x | -27.8x | 2.5x |
| Thu, 19 May 2022 | CN¥27.8b | CN¥11.7b | -CN¥1,064,247,883.00 | 41.9x | -26.2x | 2.4x |
| Sat, 16 Apr 2022 | CN¥32.1b | CN¥12.5b | -CN¥280,704,879.00 | 49.8x | -114.5x | 2.6x |
| Mon, 14 Mar 2022 | CN¥39.2b | CN¥12.5b | -CN¥276,641,156.00 | 67.6x | -141.5x | 3.1x |
| Wed, 09 Feb 2022 | CN¥35.0b | CN¥12.5b | -CN¥276,641,156.00 | 61.5x | -126.4x | 2.8x |
| Fri, 07 Jan 2022 | CN¥39.9b | CN¥12.5b | -CN¥276,641,156.00 | n/a | -144.2x | 3.2x |
Price to Earnings Ratio
-144.2x
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 4.2x.
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 | 0.98% | |
| Telecom | -1.59% | |
| Telecom Services and Carriers | -4.90% | |
| Alternative Carriers | -4.65% | |
| Integrated Telecom Services | -5.00% | |
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 | |
|---|---|---|---|---|---|
| 603322 Super TelecomLtd | CN¥38.46 | 1.8% +CN¥108.2m | 2.0% | PE81x | |
| 603220 China Bester Group Telecom | CN¥24.26 | 0.8% +CN¥81.5m | -7.1% | PE55.5x | |
| 300560 Zhong Fu Tong Group | CN¥15.80 | 1.5% +CN¥52.8m | -10.8% | PS3.1x |