Chinese (SSE) Market Analysis & Valuation

UpdatedJul 11, 2025

DataAggregated Company Financials

Companies5025

7D1.2%
3M9.3%
1Y23.9%
YTD8.3%

The market is up 1.2% in the last 7 days, led by the Financials and all sectors gaining ground. As for the past 12 months, the market is up 24%. Earnings are forecast to grow by 23% annually.

Trending IndustriesOil and Gas Gold Biotech Software Renewable Energy

Market Valuation and Performance

Has the Chinese Market valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 13 Jul 2025	CN¥75.9t	CN¥50.3t	CN¥2.7t	40x	28.4x	1.5x
Tue, 10 Jun 2025	CN¥73.2t	CN¥50.3t	CN¥2.7t	39x	27.4x	1.5x
Thu, 08 May 2025	CN¥71.6t	CN¥50.3t	CN¥2.7t	37.7x	26.6x	1.4x
Sat, 05 Apr 2025	CN¥71.9t	CN¥52.8t	CN¥2.8t	37.3x	25.9x	1.4x
Mon, 03 Mar 2025	CN¥72.4t	CN¥50.4t	CN¥2.9t	37.2x	25x	1.4x
Wed, 29 Jan 2025	CN¥69.2t	CN¥50.1t	CN¥2.7t	34.7x	25.2x	1.4x
Fri, 27 Dec 2024	CN¥72.4t	CN¥49.9t	CN¥2.7t	35.7x	26.6x	1.4x
Sun, 24 Nov 2024	CN¥70.5t	CN¥49.9t	CN¥2.7t	34.6x	25.9x	1.4x
Tue, 22 Oct 2024	CN¥69.6t	CN¥50.3t	CN¥2.8t	33.1x	25x	1.4x
Thu, 19 Sep 2024	CN¥54.6t	CN¥50.1t	CN¥2.8t	25.9x	19.7x	1.1x
Sat, 17 Aug 2024	CN¥57.7t	CN¥50.7t	CN¥2.8t	27.3x	20.3x	1.1x
Mon, 15 Jul 2024	CN¥59.9t	CN¥50.7t	CN¥2.8t	28.6x	21.3x	1.2x
Wed, 12 Jun 2024	CN¥62.6t	CN¥50.8t	CN¥2.8t	29.7x	22.4x	1.2x
Fri, 10 May 2024	CN¥66.3t	CN¥50.8t	CN¥2.8t	32.8x	23.9x	1.3x
Sun, 07 Apr 2024	CN¥64.7t	CN¥49.9t	CN¥2.8t	31.4x	22.8x	1.3x
Tue, 05 Mar 2024	CN¥64.0t	CN¥51.2t	CN¥2.8t	30.4x	22.5x	1.2x
Thu, 01 Feb 2024	CN¥57.6t	CN¥52.0t	CN¥3.0t	27.9x	18.9x	1.1x
Sat, 30 Dec 2023	CN¥65.4t	CN¥49.8t	CN¥2.7t	35.2x	24.1x	1.3x
Mon, 27 Nov 2023	CN¥67.0t	CN¥49.8t	CN¥2.7t	35.6x	24.7x	1.3x
Wed, 25 Oct 2023	CN¥63.9t	CN¥49.6t	CN¥2.7t	32.7x	23.3x	1.3x
Fri, 22 Sep 2023	CN¥66.6t	CN¥49.6t	CN¥2.7t	34.1x	24.4x	1.3x
Sun, 20 Aug 2023	CN¥68.5t	CN¥49.3t	CN¥2.8t	34.4x	24.3x	1.4x
Tue, 18 Jul 2023	CN¥70.9t	CN¥49.1t	CN¥2.8t	36.6x	25.1x	1.4x
Thu, 15 Jun 2023	CN¥70.8t	CN¥49.0t	CN¥2.8t	36x	25.1x	1.4x
Sat, 13 May 2023	CN¥70.4t	CN¥49.0t	CN¥2.8t	34.6x	24.8x	1.4x
Mon, 10 Apr 2023	CN¥74.3t	CN¥48.2t	CN¥2.9t	36.2x	25.8x	1.5x
Wed, 08 Mar 2023	CN¥73.9t	CN¥47.8t	CN¥2.9t	36.3x	25.9x	1.5x
Fri, 03 Feb 2023	CN¥73.9t	CN¥47.5t	CN¥2.9t	36x	25.8x	1.6x
Sun, 01 Jan 2023	CN¥67.8t	CN¥47.6t	CN¥2.8t	32.2x	24x	1.4x
Tue, 29 Nov 2022	CN¥67.3t	CN¥47.5t	CN¥2.8t	33.2x	23.8x	1.4x
Thu, 27 Oct 2022	CN¥66.1t	CN¥46.7t	CN¥2.9t	32.1x	22.9x	1.4x
Sat, 24 Sep 2022	CN¥66.7t	CN¥46.5t	CN¥2.9t	31.1x	23.4x	1.4x
Mon, 22 Aug 2022	CN¥72.7t	CN¥46.4t	CN¥2.9t	35.7x	25.4x	1.6x
Wed, 20 Jul 2022	CN¥70.8t	CN¥46.1t	CN¥2.8t	33.1x	25.1x	1.5x

Price to Earnings Ratio

25.1x

Wed, 20 Jul 2022

Current Market PE

Investors are optimistic on the Chinese market, and appear confident in strong long term growth rates.

The market is trading at a PE ratio of 28.4x which is higher than its 3-year average PE of 24.2x.

Past Earnings Growth

The earnings for Chinese listed companies have remained mostly flat over the last three years.
Meanwhile revenues have grown 3.0% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Chinese Market?


CN Market	1.20%
Real Estate	5.43%
Telecom	3.20%
Financials	3.08%
Energy	1.85%
Industrials	0.94%
Tech	0.93%
Utilities	0.93%
Healthcare	0.77%
Materials	0.71%
Consumer Staples	0.52%
Consumer Discretionary	0.058%

Sector PE

Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 57.2x.

The market's confidence is likely because analysts are expecting annual earnings growth of 39.1%, which is higher than its past year's earnings growth of 1.9% per year.

Forecasted Growth

Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 39% over the next 5 years.
This is better than its past earnings growth rate of 1.9% per year.

In contrast, the Financials sector is expected to see its earnings grow by 7.4% 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	Sector
601138 Foxconn Industrial Internet	CN¥26.00	9.2% +CN¥43.5b	-4.6%	PE21.3x	Tech
300750 Contemporary Amperex Technology	CN¥271.50	2.1% +CN¥26.8b	51.0%	PE23.5x	Industrials
000617 CNPC Capital	CN¥9.66	27.8% +CN¥26.5b	79.9%	PB1.2x	Financials
600276 Jiangsu Hengrui Medicine	CN¥56.90	6.8% +CN¥24.1b	37.9%	PE55.2x	Healthcare
601318 Ping An Insurance (Group) Company of China	CN¥57.71	2.0% +CN¥20.6b	35.2%	PE8.9x	Financials

Market Insights

The Big Beautiful Deficit

Richard Bowman

July 2025

5 comments

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