Investors Can Find Comfort In Cosonic Intelligent Technologies' (SZSE:300793) Earnings Quality
May 06
Chinese (SSE) Consumer Electronics Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies19
- 7D-1.9%
- 3M13.5%
- 1Y1.9%
- YTDn/a
Over the last 7 days, the Consumer Electronics industry has dropped 1.9%, driven by Sichuan Changhong ElectricLtd declining 6.3%. Meanwhile, Xgimi TechnologyLtd actually outperformed within the industry, gaining 10% in the last week. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Chinese Consumer Electronics Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | CN¥180.8b | CN¥222.8b | CN¥3.9b | 27.2x | 46.8x | 0.8x |
| Mon, 15 Apr 2024 | CN¥176.4b | CN¥217.9b | CN¥4.7b | 27.3x | 37.3x | 0.8x |
| Wed, 13 Mar 2024 | CN¥189.0b | CN¥218.5b | CN¥4.6b | 30.6x | 40.8x | 0.9x |
| Fri, 09 Feb 2024 | CN¥159.4b | CN¥218.4b | CN¥4.7b | 24.5x | 33.7x | 0.7x |
| Sun, 07 Jan 2024 | CN¥184.0b | CN¥217.7b | CN¥4.6b | 39.6x | 39.8x | 0.8x |
| Tue, 05 Dec 2023 | CN¥196.8b | CN¥217.7b | CN¥4.6b | 35.7x | 42.5x | 0.9x |
| Thu, 02 Nov 2023 | CN¥196.6b | CN¥217.4b | CN¥4.7b | 36.5x | 42.1x | 0.9x |
| Sat, 30 Sep 2023 | CN¥175.2b | CN¥216.3b | CN¥4.4b | 37.9x | 39.6x | 0.8x |
| Mon, 28 Aug 2023 | CN¥226.9b | CN¥381.5b | CN¥3.3b | 31.6x | 69.8x | 0.6x |
| Wed, 26 Jul 2023 | CN¥254.5b | CN¥380.7b | CN¥3.0b | 35.8x | 84.5x | 0.7x |
| Fri, 23 Jun 2023 | CN¥255.2b | CN¥380.7b | CN¥3.0b | 38.3x | 84.8x | 0.7x |
| Sun, 21 May 2023 | CN¥239.3b | CN¥377.5b | CN¥2.9b | 41.8x | 82.5x | 0.6x |
| Tue, 18 Apr 2023 | CN¥248.1b | CN¥383.5b | CN¥4.4b | 49.5x | 56.3x | 0.6x |
| Thu, 16 Mar 2023 | CN¥222.8b | CN¥398.4b | CN¥6.3b | 43.9x | 35.1x | 0.6x |
| Sat, 11 Feb 2023 | CN¥222.0b | CN¥398.5b | CN¥6.3b | 43.3x | 35x | 0.6x |
| Mon, 09 Jan 2023 | CN¥203.0b | CN¥398.5b | CN¥6.3b | 39.5x | 32x | 0.5x |
| Wed, 07 Dec 2022 | CN¥198.0b | CN¥398.5b | CN¥6.3b | 44.9x | 31.2x | 0.5x |
| Fri, 04 Nov 2022 | CN¥199.0b | CN¥399.2b | CN¥6.0b | 40.5x | 33.3x | 0.5x |
| Sun, 02 Oct 2022 | CN¥184.6b | CN¥411.0b | CN¥8.4b | 34.7x | 22x | 0.4x |
| Tue, 30 Aug 2022 | CN¥217.0b | CN¥410.6b | CN¥13.4b | 41.5x | 16.2x | 0.5x |
| Thu, 28 Jul 2022 | CN¥222.7b | CN¥417.5b | CN¥13.7b | 44.1x | 16.3x | 0.5x |
| Sat, 25 Jun 2022 | CN¥237.9b | CN¥422.9b | CN¥14.2b | 42.4x | 16.8x | 0.6x |
| Mon, 23 May 2022 | CN¥223.2b | CN¥422.9b | CN¥14.2b | 39.3x | 15.7x | 0.5x |
| Wed, 20 Apr 2022 | CN¥218.3b | CN¥424.8b | CN¥18.4b | 29.9x | 11.8x | 0.5x |
| Fri, 18 Mar 2022 | CN¥230.5b | CN¥427.7b | CN¥17.3b | 36.9x | 13.4x | 0.5x |
| Sun, 13 Feb 2022 | CN¥270.2b | CN¥412.6b | CN¥17.7b | 42.5x | 15.3x | 0.7x |
| Tue, 11 Jan 2022 | CN¥328.2b | CN¥413.8b | CN¥17.3b | 45.7x | 19x | 0.8x |
| Thu, 09 Dec 2021 | CN¥318.6b | CN¥413.8b | CN¥17.3b | 43.6x | 18.5x | 0.8x |
| Sat, 06 Nov 2021 | CN¥305.2b | CN¥413.5b | CN¥17.2b | 43x | 17.7x | 0.7x |
| Mon, 04 Oct 2021 | CN¥294.4b | CN¥388.5b | CN¥16.4b | 33.4x | 18x | 0.8x |
| Wed, 01 Sep 2021 | CN¥358.9b | CN¥396.8b | CN¥17.1b | 34.1x | 21x | 0.9x |
| Thu, 08 Jul 2021 | CN¥414.3b | CN¥396.8b | CN¥17.1b | 37.7x | 24.3x | 1x |
Price to Earnings Ratio
30x
Current Industry PE
- Investors are optimistic on the Chinese Consumer Electronics industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.8x which is higher than its 3-year average PE of 34.4x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Consumer Electronics industry have declined 34% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Consumer Electronics compare with similar industries?
| CN Market | -1.53% | |
| Consumer Discretionary | -1.19% | |
| Consumer Durables | 0.045% | |
| Consumer Electronics | -1.90% | |
| Home Furnishings | 5.85% | |
| Homebuilding | 1.72% | |
| Housewares and Specialties | 0.79% | |
| Household Appliances | -0.43% | |
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 | |
|---|---|---|---|---|---|
| 300155 Guangdong Anjubao Digital Technology | CN¥5.16 | 40.2% +CN¥830.6m | 5.5% | PS8.5x | |
| 688696 Xgimi TechnologyLtd | CN¥101.35 | 12.1% +CN¥760.1m | -38.2% | PE85.5x | |
| 801 Sichuan Jiuzhou Electronic | CN¥13.19 | 4.8% +CN¥613.7m | 87.4% | PE68.5x | |
| 2888 HiVi Acoustics Technology | CN¥15.46 | 15.0% +CN¥297.0m | -6.2% | PS10.3x | |
| 2351 Edifier Technology | CN¥13.45 | 1.7% +CN¥195.5m | -34.3% | PE26.4x |
