Chinese (SSE) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 01 Aug 2026	CN¥95.2t	CN¥53.7t	CN¥3.1t	39.7x	30.5x	1.8x
Mon, 29 Jun 2026	CN¥102.6t	CN¥53.5t	CN¥3.1t	43.7x	33.5x	1.9x
Wed, 27 May 2026	CN¥104.9t	CN¥53.4t	CN¥3.1t	49.3x	34.3x	2x
Fri, 24 Apr 2026	CN¥100.7t	CN¥52.9t	CN¥3.1t	48.1x	32.9x	1.9x
Sun, 22 Mar 2026	CN¥94.7t	CN¥53.0t	CN¥3.1t	45.8x	30.8x	1.8x
Tue, 17 Feb 2026	CN¥98.8t	CN¥52.5t	CN¥3.0t	48.8x	32.9x	1.9x
Thu, 15 Jan 2026	CN¥98.9t	CN¥52.3t	CN¥3.0t	48.1x	33.2x	1.9x
Sat, 13 Dec 2025	CN¥91.2t	CN¥52.3t	CN¥3.0t	43.5x	30.6x	1.7x
Mon, 10 Nov 2025	CN¥92.5t	CN¥52.3t	CN¥3.0t	45x	30.9x	1.8x
Wed, 08 Oct 2025	CN¥89.9t	CN¥51.0t	CN¥2.7t	45.5x	32.8x	1.8x
Fri, 05 Sep 2025	CN¥83.6t	CN¥50.6t	CN¥2.7t	43.3x	30.7x	1.7x
Sun, 03 Aug 2025	CN¥78.4t	CN¥50.4t	CN¥2.7t	41.8x	28.7x	1.6x
Tue, 01 Jul 2025	CN¥74.5t	CN¥50.3t	CN¥2.7t	39.6x	27.8x	1.5x
Thu, 29 May 2025	CN¥71.3t	CN¥50.3t	CN¥2.7t	37.7x	26.7x	1.4x
Sat, 26 Apr 2025	CN¥70.0t	CN¥50.4t	CN¥2.7t	36.5x	25.6x	1.4x
Mon, 24 Mar 2025	CN¥73.6t	CN¥50.3t	CN¥2.8t	38.5x	26.4x	1.5x
Wed, 19 Feb 2025	CN¥71.8t	CN¥50.3t	CN¥2.9t	36.5x	24.8x	1.4x
Fri, 17 Jan 2025	CN¥68.8t	CN¥50.0t	CN¥2.7t	34.2x	25.2x	1.4x
Sun, 15 Dec 2024	CN¥73.8t	CN¥49.9t	CN¥2.7t	37.3x	27.1x	1.5x
Tue, 12 Nov 2024	CN¥76.0t	CN¥49.9t	CN¥2.7t	37.3x	27.9x	1.5x
Thu, 10 Oct 2024	CN¥69.3t	CN¥50.3t	CN¥2.8t	32.8x	25x	1.4x
Sat, 07 Sep 2024	CN¥55.8t	CN¥50.3t	CN¥2.8t	26.6x	20.1x	1.1x
Mon, 05 Aug 2024	CN¥58.8t	CN¥50.7t	CN¥2.8t	28x	20.9x	1.2x
Wed, 03 Jul 2024	CN¥60.2t	CN¥50.8t	CN¥2.8t	28.9x	21.5x	1.2x
Fri, 31 May 2024	CN¥64.0t	CN¥50.7t	CN¥2.8t	31.1x	23x	1.3x
Sun, 28 Apr 2024	CN¥64.1t	CN¥51.0t	CN¥2.9t	30.5x	22.4x	1.3x
Tue, 26 Mar 2024	CN¥64.1t	CN¥51.4t	CN¥2.9t	30.8x	22.3x	1.2x
Thu, 22 Feb 2024	CN¥60.9t	CN¥51.2t	CN¥2.8t	28x	21.4x	1.2x
Sat, 20 Jan 2024	CN¥61.5t	CN¥51.2t	CN¥2.8t	31.9x	22x	1.2x
Mon, 18 Dec 2023	CN¥64.9t	CN¥49.8t	CN¥2.7t	34.9x	23.9x	1.3x
Wed, 15 Nov 2023	CN¥67.6t	CN¥49.8t	CN¥2.7t	35.8x	24.9x	1.4x
Fri, 13 Oct 2023	CN¥67.7t	CN¥49.6t	CN¥2.7t	35.3x	24.8x	1.4x
Sun, 10 Sep 2023	CN¥68.2t	CN¥49.6t	CN¥2.7t	35x	24.8x	1.4x
Tue, 08 Aug 2023	CN¥71.8t	CN¥49.3t	CN¥2.8t	35.6x	25.3x	1.5x

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 30.5x which is higher than its 3-year average PE of 26.7x.

Past Earnings Growth

The earnings for Chinese listed companies have grown 3.2% per year over the last three years.
Revenues for these companies have grown 2.9% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Chinese Market?


CN Market	0.097%
Telecom	9.63%
Consumer Discretionary	6.03%
Consumer Staples	5.79%
Real Estate	5.02%
Healthcare	2.74%
Materials	2.31%
Financials	2.01%
Industrials	1.85%
Utilities	1.39%
Energy	1.29%
Tech	-6.58%

Sector PE

Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 84.4x.

The market's confidence is likely because analysts are expecting annual earnings growth of 37.8%, which is higher than its past year's earnings growth of 5.0% per year.

Forecasted Growth

Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 40% over the next 5 years.
This is better than its past earnings decline of 8.0% per year.

In contrast, the Financials sector is expected to see its earnings grow by 8.6% per year over the next few years.

Company	Last Price	7D	1Y	Valuation	Sector
600519 Kweichow Moutai	CN¥1.35k	4.1% +CN¥66.5b	-4.7%	PE20.4x	Consumer Staples
300750 Contemporary Amperex Technology	CN¥395.30	3.2% +CN¥56.5b	50.3%	PE21.4x	Industrials
601899 Zijin Mining Group	CN¥32.95	4.6% +CN¥38.0b	71.1%	PE14.1x	Materials
301526 Chongqing Polycomp International	CN¥31.99	24.5% +CN¥23.7b	567.8%	PE246.2x	Materials
000333 Midea Group	CN¥87.60	3.7% +CN¥23.4b	23.7%	PE15x	Consumer Discretionary

Company

Last Price

Valuation

Sector

600519 Kweichow Moutai

CN¥1.35k

4.1%
+CN¥66.5b

-4.7%

PE20.4x

Consumer Staples

300750 Contemporary Amperex Technology

CN¥395.30

3.2%
+CN¥56.5b

50.3%

PE21.4x

Industrials

601899 Zijin Mining Group

CN¥32.95

4.6%
+CN¥38.0b

71.1%

PE14.1x

Materials

301526 Chongqing Polycomp International

CN¥31.99

24.5%
+CN¥23.7b

567.8%

PE246.2x

Materials

000333 Midea Group

CN¥87.60

3.7%
+CN¥23.4b

23.7%

PE15x

Consumer Discretionary

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

Zijin Mining Group Company Limited provided earnings guidance for the six months ended 30 June 2026. For the period, the company expects net profit attributable to owners of approximately RMB 39.1 billion representing an increase of approximately RMB15.8 billion, or an increase of approximately 68% compared with the same period last year. It is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year. Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026. Based on the preliminary estimation by the Finance Department, it is estimated that the Company realised a net profit attributable to owners of the listed company of approximately RMB39.1 billion for the first half of 2026, representing an increase of approximately RMB 15.8 billion, or an increase of approximately 68% compared with the same period last year (same period last year: RMB 23.3 billion). It is estimated that the Company realised a net profit attributable to owners of the listed company after non- recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year (same period last year: RMB 21.6 billion). Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026 (first quarter of 2026: RMB 18.5 billion).

Chinese (SSE) Market Analysis & Valuation

Market Valuation and Performance

Sector Trends

Top Stock Gainers and Losers

Market Insights

What does frontier-beating open source mean for AI investors?

Latest News

Consensus revenue estimates increase by 11%

Chaozhou Three-Circle (Group) Co.,Ltd. (SZSE:300408) announces an Equity Buyback for CNY 1,000 million worth of its shares.

Consensus EPS estimates increase by 15%

Zhongji Innolight Co., Ltd. has completed a Follow-on Equity Offering in the amount of HKD 53.41 billion.

Investor sentiment deteriorates as stock falls 26%

Foxconn Industrial Internet Co., Ltd. (SHSE:601138) announces an Equity Buyback for CNY 2,000 million worth of its shares.

Contemporary Amperex Technology Co., Limited Proposes Interim Cash Dividend for the First Half of 2026

Investor sentiment improves as stock rises 21%

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

New major risk - Share price stability

Price target increased by 7.4% to CN¥711

Price target increased by 12% to CN¥340

Midea Group Co., Ltd. to Report First Half, 2026 Results on Aug 29, 2026

Chongqing Polycomp International Corporation to Report First Half, 2026 Results on Aug 20, 2026

Price target increased by 13% to CN¥1,532

Kweichow Moutai Co., Ltd. to Report First Half, 2026 Results on Aug 15, 2026