Shareholders Should Be Pleased With Zhongji Innolight Co., Ltd.'s (SZSE:300308) Price
May 27
Chinese (SSE) Communications Equipment Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies99
- 7D-4.8%
- 3M-4.2%
- 1Y-7.8%
- YTDn/a
Over the last 7 days, the Communications Equipment industry has dropped 4.5%, driven by a pullback from ZTE of 5.5%. However, the industry is down 6.5% over the past year. As for the next few years, earnings are expected to grow by 35% per annum.
Industry Valuation and Performance
Has the Chinese Communications Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | CN¥961.2b | CN¥425.9b | CN¥18.1b | 53.6x | 53.1x | 2.3x |
| Thu, 25 Apr 2024 | CN¥995.9b | CN¥428.4b | CN¥21.9b | 46.7x | 45.5x | 2.3x |
| Sat, 23 Mar 2024 | CN¥1.0t | CN¥426.2b | CN¥20.5b | 52.4x | 51.1x | 2.5x |
| Mon, 19 Feb 2024 | CN¥839.1b | CN¥420.7b | CN¥19.3b | 39.4x | 43.5x | 2x |
| Wed, 17 Jan 2024 | CN¥909.5b | CN¥420.8b | CN¥19.3b | 45.7x | 47.2x | 2.2x |
| Fri, 15 Dec 2023 | CN¥1.0t | CN¥420.8b | CN¥19.3b | 53.1x | 53.4x | 2.4x |
| Sun, 12 Nov 2023 | CN¥1.0t | CN¥421.0b | CN¥19.3b | 52.8x | 53x | 2.4x |
| Tue, 10 Oct 2023 | CN¥1.1t | CN¥429.2b | CN¥20.4b | 51.8x | 52.1x | 2.5x |
| Thu, 07 Sep 2023 | CN¥1.0t | CN¥429.7b | CN¥20.5b | 52.6x | 50.9x | 2.4x |
| Sat, 05 Aug 2023 | CN¥1.1t | CN¥432.2b | CN¥20.4b | 52.5x | 54.8x | 2.6x |
| Mon, 03 Jul 2023 | CN¥1.2t | CN¥432.2b | CN¥20.4b | 61.4x | 58.5x | 2.8x |
| Wed, 31 May 2023 | CN¥1.1t | CN¥431.8b | CN¥20.3b | 55.1x | 52.4x | 2.5x |
| Fri, 28 Apr 2023 | CN¥1.0t | CN¥436.5b | CN¥19.9b | 47.7x | 50.3x | 2.3x |
| Sun, 26 Mar 2023 | CN¥1.1t | CN¥420.9b | CN¥19.7b | 49.5x | 54.1x | 2.5x |
| Tue, 21 Feb 2023 | CN¥915.8b | CN¥420.3b | CN¥19.4b | 41.2x | 47.2x | 2.2x |
| Thu, 19 Jan 2023 | CN¥836.3b | CN¥420.1b | CN¥19.3b | 36.2x | 43.2x | 2x |
| Sat, 17 Dec 2022 | CN¥811.9b | CN¥420.1b | CN¥19.3b | 37.2x | 42x | 1.9x |
| Mon, 14 Nov 2022 | CN¥818.9b | CN¥420.1b | CN¥19.4b | 36.7x | 42.3x | 1.9x |
| Wed, 12 Oct 2022 | CN¥739.5b | CN¥414.1b | CN¥17.5b | 30.6x | 42.2x | 1.8x |
| Fri, 09 Sep 2022 | CN¥833.9b | CN¥363.0b | CN¥17.2b | 36.4x | 48.3x | 2.3x |
| Sun, 07 Aug 2022 | CN¥857.7b | CN¥396.9b | CN¥16.3b | 50.1x | 52.7x | 2.2x |
| Tue, 05 Jul 2022 | CN¥782.3b | CN¥394.1b | CN¥16.1b | 41.2x | 48.5x | 2x |
| Thu, 02 Jun 2022 | CN¥746.9b | CN¥394.1b | CN¥16.1b | 39.7x | 46.3x | 1.9x |
| Sat, 30 Apr 2022 | CN¥683.2b | CN¥392.2b | CN¥8.9b | 36.1x | 76.7x | 1.7x |
| Mon, 28 Mar 2022 | CN¥796.8b | CN¥379.5b | -CN¥1,043,957,915.00 | 42.6x | -763.2x | 2.1x |
| Wed, 23 Feb 2022 | CN¥925.0b | CN¥377.5b | CN¥178.3m | 46.2x | 5187.8x | 2.5x |
| Fri, 21 Jan 2022 | CN¥979.1b | CN¥376.9b | -CN¥187,324,640.00 | 50.9x | -5227x | 2.6x |
| Sun, 19 Dec 2021 | CN¥977.8b | CN¥376.9b | -CN¥187,518,701.00 | 51.1x | -5214.4x | 2.6x |
| Tue, 16 Nov 2021 | CN¥967.8b | CN¥376.5b | -CN¥226,467,945.00 | 51x | -4273.3x | 2.6x |
| Thu, 14 Oct 2021 | CN¥915.3b | CN¥368.2b | -CN¥449,582,850.00 | 48.6x | -2035.9x | 2.5x |
| Sat, 11 Sep 2021 | CN¥968.8b | CN¥368.5b | -CN¥328,629,461.87 | 52.5x | -2948x | 2.6x |
| Mon, 09 Aug 2021 | CN¥1.0t | CN¥368.1b | -CN¥471,857,296.87 | 53.2x | -2131x | 2.7x |
Price to Earnings Ratio
157.1x
Current Industry PE
- Investors are optimistic on the Chinese Communications Equipment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 52.9x which is higher than its 3-year average PE of -322x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Communications Equipment industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 5.5% 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 Communications Equipment compare with similar industries?
| CN Market | -2.34% | |
| Tech | -2.59% | |
| Communications | -4.75% | |
| Communications Equipment | -4.75% | |
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 | |
|---|---|---|---|---|---|
| 600487 Hengtong Optic-Electric | CN¥15.45 | 1.4% +CN¥508.7m | 6.0% | PE16.5x | |
| 301419 Shanghai Allied Industrial | CN¥28.03 | 5.1% +CN¥137.0m | -30.3% | PE55.1x | |
| 300292 Wutong Holding Group | CN¥3.81 | 1.3% +CN¥67.1m | -2.3% | PE135.5x | |
| 603042 Nanjing Huamai Technology | CN¥11.65 | 3.2% +CN¥57.8m | -6.1% | PS2.1x | |
| 688283 Chengdu KSW TechnologiesLtd | CN¥42.80 | 1.6% +CN¥57.1m | -28.1% | PE41.1x |