Chinese (SSE) Electrical Industry Analysis
UpdatedOct 29, 2023
DataAggregated Company Financials
Companies295
- 7D1.3%
- 3M-12.9%
- 1Y-17.2%
- YTD-19.2%
In the last week, the Electrical industry is up 1.3%, with Contemporary Amperex Technology up 2.1%. Meanwhile, Ginlong Technologies actually underperformed within the industry, shrinking 19% in the last week. In contrast, the industry has lost 17% in the last 12 months. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Chinese Electrical Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | CN¥3.7t | CN¥2.1t | CN¥156.3b | 32.9x | 24x | 1.8x |
| Tue, 26 Sep 2023 | CN¥3.8t | CN¥2.1t | CN¥156.1b | 33.6x | 24.5x | 1.8x |
| Thu, 24 Aug 2023 | CN¥4.0t | CN¥2.1t | CN¥155.5b | 34.5x | 25.7x | 1.9x |
| Sat, 22 Jul 2023 | CN¥4.2t | CN¥2.0t | CN¥151.6b | 36x | 27.6x | 2.1x |
| Mon, 19 Jun 2023 | CN¥4.3t | CN¥2.0t | CN¥151.0b | 37.3x | 28.4x | 2.1x |
| Wed, 17 May 2023 | CN¥4.3t | CN¥2.0t | CN¥150.8b | 36.2x | 28.8x | 2.2x |
| Fri, 14 Apr 2023 | CN¥4.2t | CN¥1.9t | CN¥124.4b | 36.7x | 33.9x | 2.3x |
| Sun, 12 Mar 2023 | CN¥4.4t | CN¥1.8t | CN¥115.1b | 37.4x | 38x | 2.5x |
| Tue, 07 Feb 2023 | CN¥4.6t | CN¥1.7t | CN¥111.2b | 37.4x | 41.8x | 2.7x |
| Thu, 05 Jan 2023 | CN¥4.2t | CN¥1.7t | CN¥109.8b | 34.5x | 38.7x | 2.5x |
| Sat, 03 Dec 2022 | CN¥4.4t | CN¥1.7t | CN¥109.6b | 36x | 40.4x | 2.6x |
| Mon, 31 Oct 2022 | CN¥4.2t | CN¥1.7t | CN¥108.9b | 33.3x | 38.5x | 2.5x |
| Wed, 28 Sep 2022 | CN¥4.5t | CN¥1.6t | CN¥97.0b | 33.9x | 46.9x | 2.9x |
| Fri, 26 Aug 2022 | CN¥5.1t | CN¥1.5t | CN¥90.5b | 40.6x | 56.6x | 3.3x |
| Sun, 24 Jul 2022 | CN¥5.2t | CN¥1.5t | CN¥85.6b | 40.3x | 60.4x | 3.4x |
| Tue, 21 Jun 2022 | CN¥4.5t | CN¥1.5t | CN¥81.8b | 36.9x | 55x | 3.1x |
| Thu, 19 May 2022 | CN¥3.8t | CN¥1.5t | CN¥81.7b | 32.7x | 46.1x | 2.6x |
| Sat, 16 Apr 2022 | CN¥3.7t | CN¥1.3t | CN¥83.6b | 32.4x | 44.5x | 2.8x |
| Mon, 14 Mar 2022 | CN¥4.4t | CN¥1.3t | CN¥84.4b | 38.1x | 52.6x | 3.4x |
| Wed, 09 Feb 2022 | CN¥4.6t | CN¥1.3t | CN¥84.4b | 40.4x | 55x | 3.6x |
| Fri, 07 Jan 2022 | CN¥5.0t | CN¥1.3t | CN¥84.3b | n/a | 59.1x | 3.8x |
| Sun, 05 Dec 2021 | CN¥5.8t | CN¥1.3t | CN¥84.5b | 45.8x | 68.4x | 4.5x |
| Tue, 02 Nov 2021 | CN¥5.3t | CN¥1.3t | CN¥82.7b | 41.4x | 63.9x | 4.1x |
| Thu, 30 Sep 2021 | CN¥4.5t | CN¥1.2t | CN¥78.5b | 38.1x | 57.3x | 3.7x |
| Sat, 28 Aug 2021 | CN¥4.7t | CN¥1.2t | CN¥79.2b | 41.8x | 58.8x | 3.9x |
| Sun, 04 Jul 2021 | CN¥4.0t | CN¥1.2t | CN¥78.1b | 34x | 51.4x | 3.4x |
| Wed, 07 Apr 2021 | CN¥3.1t | CN¥1.1t | CN¥72.2b | 32.1x | 42.8x | 2.9x |
| Sat, 09 Jan 2021 | CN¥3.3t | CN¥995.0b | CN¥60.1b | 38.7x | 54.3x | 3.3x |
Price to Earnings Ratio
63.6x
Current Industry PE
- Investors are pessimistic on the Chinese Electrical industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.0x which is lower than its 3-year average PE of 47.2x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 55% per year over the last three years.
- Revenues for these companies have grown 31% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | 2.19% | |
| Industrials | 2.38% | |
| Electrical | 1.28% | |
| Electrical Components | 1.37% | |
| Heavy Electrical Equipment | 0.80% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 33.1x.
- Analysts are expecting annual earnings growth of 26.3%, which is higher than its past year's earnings decline of 0.08% per year.
- Investors are most pessimistic about the Electrical Components industry, which is trading below its 3-year average of 52.0x.
Forecasted Growth
- Analysts are most optimistic on the Heavy Electrical Equipment industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 0.08% per year.
- In contrast, the Electrical Components industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| 300750 Contemporary Amperex Technology | CN¥184.72 | 2.1% +CN¥16.4b | -9.0% | PE18.3x | |
| 603195 Gongniu Group | CN¥105.51 | 6.6% +CN¥5.8b | 27.3% | PE25.8x | |
| 300014 EVE Energy | CN¥46.55 | 6.3% +CN¥5.6b | -44.2% | PE22.3x | |
| 600406 NARI Technology | CN¥22.54 | 2.0% +CN¥3.5b | 9.7% | PE26.5x | |
| 300342 Changshu Tianyin ElectromechanicalLtd | CN¥22.27 | 58.5% +CN¥3.5b | 166.7% | PE918.8x |