Is There An Opportunity With BOE Technology Group Company Limited's (SZSE:000725) 47% Undervaluation?
May 28
Chinese (SSE) Electronic Components Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies182
- 7D-3.9%
- 3M3.9%
- 1Y-9.6%
- YTDn/a
Over the last 7 days, the Electronic Components industry has dropped 1.4%, driven by BOE Technology Group declining 6.2%. Meanwhile, Wenzhou Yihua Connector actually outperformed within the industry, gaining 22% in the last week. However, the industry is down 6.9% over the past year. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Chinese Electronic Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥2.1t | CN¥1.2t | CN¥46.3b | 41.2x | 45.2x | 1.8x |
| Sat, 27 Apr 2024 | CN¥2.1t | CN¥1.1t | CN¥41.0b | 39.8x | 50.6x | 1.8x |
| Mon, 25 Mar 2024 | CN¥2.2t | CN¥1.1t | CN¥37.9b | 39.4x | 57.7x | 2x |
| Wed, 21 Feb 2024 | CN¥1.9t | CN¥1.1t | CN¥38.0b | 32.5x | 49.2x | 1.7x |
| Fri, 19 Jan 2024 | CN¥2.0t | CN¥1.1t | CN¥38.0b | 40.1x | 53x | 1.8x |
| Sun, 17 Dec 2023 | CN¥2.2t | CN¥1.1t | CN¥37.8b | 44.3x | 59.2x | 2x |
| Tue, 14 Nov 2023 | CN¥2.3t | CN¥1.1t | CN¥37.9b | 44.1x | 61.6x | 2.1x |
| Thu, 12 Oct 2023 | CN¥2.3t | CN¥1.1t | CN¥38.0b | 41.4x | 60.1x | 2.1x |
| Sat, 09 Sep 2023 | CN¥2.2t | CN¥1.1t | CN¥38.1b | 40.4x | 59x | 2x |
| Mon, 07 Aug 2023 | CN¥2.3t | CN¥1.1t | CN¥43.2b | 41.4x | 54.3x | 2.1x |
| Wed, 05 Jul 2023 | CN¥2.4t | CN¥1.1t | CN¥43.1b | 43x | 56.1x | 2.2x |
| Fri, 02 Jun 2023 | CN¥2.3t | CN¥1.1t | CN¥43.5b | 40x | 52.2x | 2.1x |
| Sun, 30 Apr 2023 | CN¥2.2t | CN¥1.1t | CN¥41.6b | 36.8x | 52.6x | 2x |
| Tue, 28 Mar 2023 | CN¥2.4t | CN¥1.1t | CN¥54.1b | 39.1x | 43.8x | 2.1x |
| Thu, 23 Feb 2023 | CN¥2.3t | CN¥1.1t | CN¥52.0b | 36x | 44.3x | 2.1x |
| Sat, 21 Jan 2023 | CN¥2.2t | CN¥1.1t | CN¥53.7b | 34.6x | 41.7x | 2x |
| Mon, 19 Dec 2022 | CN¥2.1t | CN¥1.1t | CN¥53.8b | 33.9x | 39.9x | 1.9x |
| Wed, 16 Nov 2022 | CN¥2.2t | CN¥1.1t | CN¥53.7b | 36.4x | 41.8x | 2x |
| Fri, 14 Oct 2022 | CN¥2.0t | CN¥1.1t | CN¥64.9b | 29.5x | 30.8x | 1.8x |
| Sun, 11 Sep 2022 | CN¥2.3t | CN¥1.1t | CN¥64.6b | 34.2x | 34.9x | 2x |
| Tue, 09 Aug 2022 | CN¥2.4t | CN¥1.1t | CN¥73.2b | 36.7x | 33x | 2.2x |
| Thu, 07 Jul 2022 | CN¥2.2t | CN¥1.1t | CN¥72.9b | 33.8x | 30.4x | 2x |
| Sat, 04 Jun 2022 | CN¥2.1t | CN¥1.1t | CN¥73.1b | 31.5x | 29.1x | 1.9x |
| Mon, 02 May 2022 | CN¥1.9t | CN¥1.1t | CN¥71.5b | 27.6x | 26.4x | 1.7x |
| Wed, 30 Mar 2022 | CN¥2.1t | CN¥1.1t | CN¥74.5b | 31.1x | 28.2x | 2x |
| Fri, 25 Feb 2022 | CN¥2.5t | CN¥996.6b | CN¥77.2b | 36.4x | 31.8x | 2.5x |
| Sun, 23 Jan 2022 | CN¥2.6t | CN¥990.8b | CN¥76.8b | 38.1x | 33.7x | 2.6x |
| Tue, 21 Dec 2021 | CN¥2.7t | CN¥989.8b | CN¥76.6b | 39.7x | 35.2x | 2.7x |
| Thu, 18 Nov 2021 | CN¥2.7t | CN¥1.1t | CN¥78.2b | 37.8x | 34.3x | 2.5x |
| Sat, 16 Oct 2021 | CN¥2.4t | CN¥1.0t | CN¥70.5b | 35.6x | 33.5x | 2.3x |
| Mon, 13 Sep 2021 | CN¥2.5t | CN¥1.0t | CN¥70.4b | 38.6x | 35.3x | 2.4x |
| Wed, 11 Aug 2021 | CN¥2.7t | CN¥1.0t | CN¥69.9b | 41x | 38.7x | 2.7x |
| Sun, 06 Jun 2021 | CN¥2.5t | CN¥974.5b | CN¥59.6b | 38.5x | 41.5x | 2.5x |
Price to Earnings Ratio
41.5x
Current Industry PE
- Investors are optimistic on the Chinese Electronic Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.0x which is higher than its 3-year average PE of 42.2x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Electronic Components industry have declined 8.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Electronic Components compare with similar industries?
| CN Market | -2.62% | |
| Tech | -3.80% | |
| Electronic Equipment and Components | -3.87% | |
| Electronic Components | -3.89% | |
| Electronic Equipment and Instruments | -3.28% | |
| Electronic Manufacturing Services | -4.66% | |
| Technology Distributors | -6.08% | |
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 | |
|---|---|---|---|---|---|
| 2938 Avary Holding(Shenzhen)Co | CN¥30.18 | 4.9% +CN¥3.2b | 18.0% | PE20.7x | |
| 300433 Lens Technology | CN¥15.15 | 1.7% +CN¥1.2b | 30.3% | PE22.9x | |
| 300408 Chaozhou Three-Circle (Group)Ltd | CN¥29.12 | 1.9% +CN¥1.0b | -3.2% | PE32.9x | |
| 3031 Hebei Sinopack Electronic TechnologyLtd | CN¥62.60 | 4.3% +CN¥831.2m | -44.5% | PE41.2x | |
| 688502 MLOptic | CN¥118.45 | 14.3% +CN¥784.1m | -42.2% | PE168.9x |
