We Think China Bester Group Telecom (SHSE:603220) Is Taking Some Risk With Its Debt
Jun 14
Chinese (SSE) Telecom Services and Carriers Industry Analysis
UpdatedJun 19, 2024
DataAggregated Company Financials
Companies8
- 7D8.5%
- 3M-26.3%
- 1Y-28.7%
- YTD-27.0%
Over the last 7 days, the Telecom Services and Carriers industry has risen 7.3%, driven by gains from every company within the industry. In contrast, the industry has lost 32% in the last 12 months. Earnings are forecast to grow by 64% 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 |
|---|---|---|---|---|---|---|
| Wed, 19 Jun 2024 | CN¥34.1b | CN¥12.3b | -CN¥820,614,249.00 | 72.7x | -41.6x | 2.8x |
| Fri, 17 May 2024 | CN¥35.1b | CN¥12.1b | -CN¥828,919,396.00 | 65.9x | -42.4x | 2.9x |
| Sun, 14 Apr 2024 | CN¥38.5b | CN¥12.9b | -CN¥603,335,281.00 | 85.7x | -63.7x | 3x |
| Tue, 12 Mar 2024 | CN¥43.7b | CN¥12.9b | -CN¥289,663,247.00 | 100x | -151x | 3.4x |
| Thu, 08 Feb 2024 | CN¥28.5b | CN¥12.9b | -CN¥289,663,247.00 | 63.9x | -98.4x | 2.2x |
| Sat, 06 Jan 2024 | CN¥44.4b | CN¥12.9b | -CN¥289,663,247.00 | 106.5x | -153.3x | 3.4x |
| Mon, 04 Dec 2023 | CN¥50.7b | CN¥12.9b | -CN¥289,663,247.00 | 114.5x | -174.9x | 3.9x |
| Wed, 01 Nov 2023 | CN¥48.4b | CN¥13.0b | -CN¥262,144,223.00 | 102.3x | -184.7x | 3.7x |
| Fri, 29 Sep 2023 | CN¥48.0b | CN¥12.8b | -CN¥234,657,850.00 | 95.7x | -204.7x | 3.7x |
| Sun, 27 Aug 2023 | CN¥40.6b | CN¥12.5b | -CN¥383,395,941.00 | 241.3x | -106x | 3.2x |
| Tue, 25 Jul 2023 | CN¥41.7b | CN¥12.4b | -CN¥389,325,020.00 | 257.3x | -107x | 3.4x |
| Thu, 22 Jun 2023 | CN¥47.3b | CN¥12.4b | -CN¥389,325,020.00 | 285.2x | -121.5x | 3.8x |
| Sat, 20 May 2023 | CN¥40.4b | CN¥12.4b | -CN¥389,325,020.00 | 272.1x | -103.7x | 3.3x |
| Mon, 17 Apr 2023 | CN¥39.5b | CN¥11.5b | -CN¥2,311,787,172.00 | 86x | -17.1x | 3.4x |
| Wed, 15 Mar 2023 | CN¥34.8b | CN¥11.5b | -CN¥2,306,429,793.00 | 63x | -15.1x | 3x |
| Fri, 10 Feb 2023 | CN¥34.2b | CN¥11.5b | -CN¥2,306,429,793.00 | 57.6x | -14.8x | 3x |
| Sun, 08 Jan 2023 | CN¥31.2b | CN¥11.5b | -CN¥2,306,429,793.00 | 50.9x | -13.5x | 2.7x |
| Tue, 06 Dec 2022 | CN¥32.2b | CN¥11.5b | -CN¥2,306,429,796.00 | 52.9x | -14x | 2.8x |
| Thu, 03 Nov 2022 | CN¥32.7b | CN¥12.1b | -CN¥2,244,612,323.00 | 45.6x | -14.5x | 2.7x |
| Sat, 01 Oct 2022 | CN¥25.6b | CN¥11.5b | -CN¥2,254,345,531.00 | 39.4x | -11.4x | 2.2x |
| Mon, 29 Aug 2022 | CN¥29.8b | CN¥11.6b | -CN¥1,062,277,045.00 | 41.4x | -28x | 2.6x |
| Wed, 27 Jul 2022 | CN¥34.5b | CN¥13.5b | -CN¥952,457,342.00 | 43.3x | -36.2x | 2.6x |
| Fri, 24 Jun 2022 | CN¥29.6b | CN¥11.7b | -CN¥1,064,247,883.00 | 42.7x | -27.8x | 2.5x |
| Sun, 22 May 2022 | CN¥28.9b | CN¥11.7b | -CN¥1,064,247,883.00 | 41.6x | -27.2x | 2.5x |
| Tue, 19 Apr 2022 | CN¥32.3b | CN¥12.5b | -CN¥236,276,733.00 | 50.3x | -136.5x | 2.6x |
| Thu, 17 Mar 2022 | CN¥40.7b | CN¥12.5b | -CN¥276,641,156.00 | 67.9x | -147.1x | 3.3x |
| Sat, 12 Feb 2022 | CN¥34.5b | CN¥12.5b | -CN¥276,641,156.00 | 60x | -124.9x | 2.8x |
| Mon, 10 Jan 2022 | CN¥38.2b | CN¥12.5b | -CN¥276,641,156.00 | 65.6x | -138x | 3.1x |
| Wed, 08 Dec 2021 | CN¥35.8b | CN¥12.5b | -CN¥276,641,156.00 | 58.4x | -129.5x | 2.9x |
| Fri, 05 Nov 2021 | CN¥31.4b | CN¥12.5b | -CN¥276,641,156.00 | 56.6x | -113.7x | 2.5x |
| Sun, 03 Oct 2021 | CN¥32.5b | CN¥12.6b | CN¥1.3b | 36.2x | 24.3x | 2.6x |
| Tue, 31 Aug 2021 | CN¥32.9b | CN¥12.6b | CN¥1.3b | 40.4x | 24.6x | 2.6x |
| Wed, 07 Jul 2021 | CN¥32.4b | CN¥12.6b | CN¥1.3b | 40.7x | 24.2x | 2.6x |
Price to Earnings Ratio
24.2x
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 | 0.55% | |
| Telecom | 1.10% | |
| Telecom Services and Carriers | 8.53% | |
| Alternative Carriers | 12.07% | |
| Integrated Telecom Services | 7.34% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 75% over the next 5 years.
- This is better than its past earnings decline of 44% per year.
- In contrast, the Integrated Telecom Services industry is expected to see its earnings grow by 58% 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 | |
|---|---|---|---|---|---|
| 603220 China Bester Group Telecom | CN¥29.00 | 6.9% +CN¥619.5m | 97.3% | PE57.4x | |
| 300025 Hangzhou Huaxing Chuangye Communication Technology | CN¥10.95 | 11.2% +CN¥559.7m | -19.3% | PS7.8x | |
| 600804 Dr. Peng Telecom & Media Group | CN¥1.31 | 24.8% +CN¥430.9m | -78.1% | PS1x | |
| 603322 Super TelecomLtd | CN¥28.24 | 9.2% +CN¥374.7m | -27.2% | PE72.7x | |
| 300578 BizConf TelecomLtd | CN¥13.15 | 8.4% +CN¥202.2m | -36.4% | PS6.2x |
