Chinese (SSE) Heavy Electrical Equipment Industry Analysis
UpdatedOct 28, 2023
DataAggregated Company Financials
Companies51
- 7D0.8%
- 3M-9.7%
- 1Y-8.3%
- YTD-11.3%
In the last week, the Heavy Electrical Equipment industry is flat overall, with Ming Yang Smart Energy Group standing out by going down 6.1%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | CN¥620.4b | CN¥327.2b | CN¥16.6b | 29.8x | 37.5x | 1.9x |
| Tue, 26 Sep 2023 | CN¥618.7b | CN¥323.3b | CN¥17.1b | 29.7x | 36.2x | 1.9x |
| Thu, 24 Aug 2023 | CN¥631.3b | CN¥314.6b | CN¥17.5b | 32x | 36.1x | 2x |
| Sat, 22 Jul 2023 | CN¥680.3b | CN¥310.8b | CN¥18.2b | 33x | 37.4x | 2.2x |
| Mon, 19 Jun 2023 | CN¥681.5b | CN¥307.3b | CN¥17.9b | 37.2x | 38.1x | 2.2x |
| Wed, 17 May 2023 | CN¥689.8b | CN¥304.2b | CN¥18.0b | 38.1x | 38.2x | 2.3x |
| Fri, 14 Apr 2023 | CN¥669.9b | CN¥306.8b | CN¥21.8b | 32x | 30.8x | 2.2x |
| Sun, 12 Mar 2023 | CN¥679.5b | CN¥301.6b | CN¥22.3b | 35x | 30.5x | 2.3x |
| Tue, 07 Feb 2023 | CN¥704.4b | CN¥298.3b | CN¥22.5b | 35x | 31.3x | 2.4x |
| Thu, 05 Jan 2023 | CN¥665.2b | CN¥298.9b | CN¥22.6b | 31.6x | 29.4x | 2.2x |
| Sat, 03 Dec 2022 | CN¥692.2b | CN¥298.2b | CN¥22.5b | 33.2x | 30.8x | 2.3x |
| Mon, 31 Oct 2022 | CN¥649.0b | CN¥297.6b | CN¥22.0b | 33.1x | 29.5x | 2.2x |
| Wed, 28 Sep 2022 | CN¥669.6b | CN¥307.9b | CN¥23.4b | 30.9x | 28.6x | 2.2x |
| Fri, 26 Aug 2022 | CN¥750.8b | CN¥307.6b | CN¥23.9b | 32.3x | 31.4x | 2.4x |
| Sun, 24 Jul 2022 | CN¥816.6b | CN¥315.6b | CN¥24.1b | 33.9x | 33.9x | 2.6x |
| Tue, 21 Jun 2022 | CN¥672.2b | CN¥306.2b | CN¥22.5b | 31.3x | 29.9x | 2.2x |
| Thu, 19 May 2022 | CN¥583.1b | CN¥306.2b | CN¥22.5b | 23.5x | 26x | 1.9x |
| Sat, 16 Apr 2022 | CN¥565.9b | CN¥295.5b | CN¥21.3b | 22.3x | 26.6x | 1.9x |
| Mon, 14 Mar 2022 | CN¥692.3b | CN¥299.4b | CN¥22.3b | 27.4x | 31.1x | 2.3x |
| Wed, 09 Feb 2022 | CN¥715.7b | CN¥299.1b | CN¥21.3b | 31.7x | 33.7x | 2.4x |
| Fri, 07 Jan 2022 | CN¥753.5b | CN¥300.2b | CN¥21.3b | n/a | 35.3x | 2.5x |
| Sun, 05 Dec 2021 | CN¥842.6b | CN¥299.1b | CN¥21.2b | 34.9x | 39.7x | 2.8x |
| Tue, 02 Nov 2021 | CN¥750.8b | CN¥294.5b | CN¥19.5b | 32.6x | 38.6x | 2.5x |
| Thu, 30 Sep 2021 | CN¥690.5b | CN¥289.3b | CN¥18.2b | 26.5x | 37.9x | 2.4x |
| Sat, 28 Aug 2021 | CN¥628.7b | CN¥288.8b | CN¥19.2b | 24.6x | 32.8x | 2.2x |
| Sun, 04 Jul 2021 | CN¥475.7b | CN¥288.8b | CN¥19.2b | 21.1x | 24.8x | 1.6x |
| Wed, 07 Apr 2021 | CN¥483.6b | CN¥255.7b | CN¥16.1b | 22x | 30x | 1.9x |
| Sat, 09 Jan 2021 | CN¥462.0b | CN¥240.7b | CN¥13.6b | 24.7x | 33.9x | 1.9x |
Price to Earnings Ratio
41.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Heavy Electrical Equipment 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 PE ratio of 33.1x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Heavy Electrical Equipment compare with similar industries?
| CN Market | 2.19% | |
| Industrials | 2.38% | |
| Electrical | 1.28% | |
| Heavy Electrical Equipment | 0.80% | |
| Electrical Components | 1.37% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600406 NARI Technology | CN¥22.54 | 2.0% +CN¥3.5b | 9.7% | PE26.5x | |
| 300786 Qingdao Guolin Technology Group | CN¥20.26 | 16.0% +CN¥513.4m | 56.1% | PE2777.7x | |
| 301291 Guangdong Mingyang ElectricLtd | CN¥28.84 | 5.8% +CN¥496.4m | n/a | PE27.1x | |
| 300129 Shanghai Taisheng Wind Power Equipment | CN¥10.46 | 5.2% +CN¥486.1m | 34.3% | PE28.4x | |
| 300443 Jinlei Technology | CN¥32.00 | 4.6% +CN¥458.9m | -31.2% | PE23.9x |