Here's What's Concerning About Hangzhou EZVIZ Network's (SHSE:688475) Returns On Capital
May 27
Chinese (SSE) Electronic Equipment and Instruments Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies186
- 7D-3.3%
- 3M-5.9%
- 1Y-16.2%
- YTDn/a
In the last week, the Electronic Equipment and Instruments industry is down 3.3% with Zhejiang Dahua Technology down the most at 7.5%. In contrast, SMARTGEN (Zhengzhou) Technology has gained 72%. However, the industry is down 16% over the past year. Looking forward, earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Chinese Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | CN¥1.5t | CN¥606.0b | CN¥40.9b | 39.9x | 35.6x | 2.4x |
| Thu, 25 Apr 2024 | CN¥1.5t | CN¥599.2b | CN¥38.7b | 40.7x | 38.3x | 2.5x |
| Sat, 23 Mar 2024 | CN¥1.6t | CN¥599.2b | CN¥35.6b | 41.7x | 45x | 2.7x |
| Mon, 19 Feb 2024 | CN¥1.4t | CN¥595.9b | CN¥34.3b | 34.6x | 40.1x | 2.3x |
| Wed, 17 Jan 2024 | CN¥1.5t | CN¥593.1b | CN¥32.8b | 45.7x | 46.8x | 2.6x |
| Fri, 15 Dec 2023 | CN¥1.7t | CN¥647.6b | CN¥32.8b | 47.2x | 52x | 2.6x |
| Sun, 12 Nov 2023 | CN¥1.7t | CN¥646.3b | CN¥32.6b | 45.9x | 52.7x | 2.7x |
| Tue, 10 Oct 2023 | CN¥1.7t | CN¥641.5b | CN¥31.1b | 45.1x | 54.8x | 2.7x |
| Thu, 07 Sep 2023 | CN¥1.8t | CN¥641.7b | CN¥30.5b | 47.8x | 57.4x | 2.7x |
| Sat, 05 Aug 2023 | CN¥1.7t | CN¥469.7b | CN¥30.0b | 49.3x | 55.5x | 3.6x |
| Mon, 03 Jul 2023 | CN¥1.7t | CN¥468.9b | CN¥29.6b | 56x | 56.6x | 3.6x |
| Wed, 31 May 2023 | CN¥1.7t | CN¥469.0b | CN¥29.4b | 53x | 56.4x | 3.5x |
| Fri, 28 Apr 2023 | CN¥1.6t | CN¥472.3b | CN¥31.9b | 42.7x | 51.1x | 3.5x |
| Sun, 26 Mar 2023 | CN¥1.7t | CN¥467.1b | CN¥34.9b | 46.2x | 49.3x | 3.7x |
| Tue, 21 Feb 2023 | CN¥1.6t | CN¥459.3b | CN¥33.7b | 43x | 47.1x | 3.5x |
| Thu, 19 Jan 2023 | CN¥1.4t | CN¥461.3b | CN¥35.4b | 40.8x | 40.8x | 3.1x |
| Sat, 17 Dec 2022 | CN¥1.4t | CN¥456.4b | CN¥34.9b | 36.5x | 39.2x | 3x |
| Mon, 14 Nov 2022 | CN¥1.4t | CN¥457.0b | CN¥36.2b | 40.1x | 38.3x | 3x |
| Wed, 12 Oct 2022 | CN¥1.2t | CN¥451.1b | CN¥38.6b | 32.2x | 31.5x | 2.7x |
| Fri, 09 Sep 2022 | CN¥1.3t | CN¥449.9b | CN¥38.4b | 37.1x | 35x | 3x |
| Sun, 07 Aug 2022 | CN¥1.4t | CN¥428.3b | CN¥39.2b | 41.4x | 36.6x | 3.3x |
| Tue, 05 Jul 2022 | CN¥1.4t | CN¥420.2b | CN¥38.5b | 38.5x | 35.1x | 3.2x |
| Thu, 02 Jun 2022 | CN¥1.3t | CN¥428.4b | CN¥39.2b | 35.5x | 32.2x | 2.9x |
| Sat, 30 Apr 2022 | CN¥1.2t | CN¥432.9b | CN¥39.7b | 31x | 31.3x | 2.9x |
| Mon, 28 Mar 2022 | CN¥1.4t | CN¥378.8b | CN¥39.6b | 39.1x | 34.9x | 3.6x |
| Wed, 23 Feb 2022 | CN¥1.5t | CN¥359.9b | CN¥37.1b | 41.2x | 40.8x | 4.2x |
| Fri, 21 Jan 2022 | CN¥1.6t | CN¥359.5b | CN¥38.1b | 46.1x | 43x | 4.6x |
| Sun, 19 Dec 2021 | CN¥1.7t | CN¥359.0b | CN¥38.0b | 44.5x | 44.9x | 4.7x |
| Tue, 16 Nov 2021 | CN¥1.7t | CN¥360.0b | CN¥38.4b | 40.9x | 43.6x | 4.6x |
| Thu, 14 Oct 2021 | CN¥1.6t | CN¥346.9b | CN¥40.3b | 36.7x | 39.6x | 4.6x |
| Sat, 11 Sep 2021 | CN¥1.7t | CN¥346.2b | CN¥40.2b | 40.3x | 41.8x | 4.9x |
| Mon, 09 Aug 2021 | CN¥1.7t | CN¥346.3b | CN¥40.2b | 40.8x | 43.2x | 5x |
Price to Earnings Ratio
43x
Current Industry PE
- Investors are pessimistic on the Chinese Electronic Equipment and Instruments 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 35.6x which is lower than its 3-year average PE of 43.2x.
- The 3-year average PS ratio of 3.5x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 23% 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 and as a result, profits have held steady.
Industry Comparison
How does Chinese Electronic Equipment and Instruments compare with similar industries?
| CN Market | -2.34% | |
| Tech | -2.59% | |
| Electronic Equipment and Components | -2.51% | |
| Electronic Equipment and Instruments | -3.34% | |
| Technology Distributors | -1.33% | |
| Electronic Components | -1.39% | |
| Electronic Manufacturing Services | -4.54% | |
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 | |
|---|---|---|---|---|---|
| 301361 SMARTGEN (Zhengzhou) Technology | CN¥32.05 | 71.7% +CN¥1.6b | 13.7% | PE53x | |
| 300882 Zhejiang Wellsun Intelligent TechnologyLtd | CN¥19.62 | 21.5% +CN¥993.1m | -9.0% | PE21.9x | |
| 300880 Ningbo Jianan ElectronicsLtd | CN¥23.00 | 25.9% +CN¥918.5m | -3.0% | PE26.9x | |
| 603416 WuXi Xinje ElectricLtd | CN¥31.78 | 10.0% +CN¥404.8m | -17.9% | PE22.1x | |
| 301421 Nanjing Wavelength Opto-Electronic Science & TechnologyLtd | CN¥46.31 | 7.1% +CN¥356.4m | n/a | PE98.2x |
