We Think That There Are Issues Underlying INESA Intelligent Tech's (SHSE:600602) Earnings
May 03
Chinese (SSE) Internet Services and Infrastructure Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies17
- 7D-4.1%
- 3M17.4%
- 1Y-8.1%
- YTDn/a
Over the last 7 days, the Internet Services and Infrastructure industry has dropped 1.8%, driven by Range Intelligent Computing Technology Group declining 8.2%. However, the industry is down 5.0% over the past year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Chinese Internet Services and Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥190.0b | CN¥163.5b | CN¥4.5b | 42.4x | 42.5x | 1.2x |
| Sun, 14 Apr 2024 | CN¥192.2b | CN¥160.6b | CN¥3.6b | 48.2x | 53.4x | 1.2x |
| Tue, 12 Mar 2024 | CN¥160.7b | CN¥152.7b | CN¥774.8m | 55.5x | 207.4x | 1.1x |
| Thu, 08 Feb 2024 | CN¥123.5b | CN¥152.5b | CN¥731.1m | 37.1x | 168.9x | 0.8x |
| Sat, 06 Jan 2024 | CN¥145.7b | CN¥151.4b | CN¥680.3m | 54.6x | 214.2x | 1x |
| Mon, 04 Dec 2023 | CN¥157.2b | CN¥151.4b | CN¥678.8m | 50.1x | 231.6x | 1x |
| Wed, 01 Nov 2023 | CN¥148.8b | CN¥150.3b | CN¥587.5m | 38.5x | 253.3x | 1x |
| Fri, 29 Sep 2023 | CN¥149.7b | CN¥150.2b | CN¥592.0m | 44.7x | 252.9x | 1x |
| Sun, 27 Aug 2023 | CN¥148.2b | CN¥150.6b | CN¥335.0m | 49x | 442.4x | 1x |
| Tue, 25 Jul 2023 | CN¥153.3b | CN¥150.0b | CN¥171.3m | 53.7x | 894.8x | 1x |
| Thu, 22 Jun 2023 | CN¥174.8b | CN¥150.2b | CN¥203.8m | 61.5x | 858x | 1.2x |
| Sat, 20 May 2023 | CN¥154.9b | CN¥150.2b | CN¥180.3m | 59.3x | 859x | 1x |
| Mon, 17 Apr 2023 | CN¥173.6b | CN¥152.3b | CN¥1.8b | 78.9x | 97.6x | 1.1x |
| Wed, 15 Mar 2023 | CN¥154.8b | CN¥157.3b | CN¥1.8b | 73.8x | 85x | 1x |
| Fri, 10 Feb 2023 | CN¥145.6b | CN¥157.3b | CN¥1.7b | 62.2x | 86.6x | 0.9x |
| Sun, 08 Jan 2023 | CN¥126.8b | CN¥157.5b | CN¥1.6b | 50.7x | 78.9x | 0.8x |
| Tue, 06 Dec 2022 | CN¥127.1b | CN¥157.5b | CN¥1.6b | 48.6x | 79.2x | 0.8x |
| Thu, 03 Nov 2022 | CN¥122.2b | CN¥157.5b | CN¥1.6b | 44.6x | 75.8x | 0.8x |
| Sat, 01 Oct 2022 | CN¥99.2b | CN¥160.2b | CN¥1.6b | 38.2x | 63.3x | 0.6x |
| Mon, 29 Aug 2022 | CN¥114.9b | CN¥164.2b | CN¥1.2b | 46.2x | 92.6x | 0.7x |
| Wed, 27 Jul 2022 | CN¥121.6b | CN¥165.5b | CN¥1.4b | 45.6x | 90x | 0.7x |
| Fri, 24 Jun 2022 | CN¥118.5b | CN¥165.6b | CN¥1.4b | 41.7x | 85.9x | 0.7x |
| Sun, 22 May 2022 | CN¥113.0b | CN¥165.6b | CN¥1.4b | 38.2x | 81.9x | 0.7x |
| Tue, 19 Apr 2022 | CN¥121.9b | CN¥160.9b | CN¥2.0b | 47.2x | 60x | 0.8x |
| Thu, 17 Mar 2022 | CN¥126.4b | CN¥146.8b | CN¥1.3b | 57x | 95x | 0.9x |
| Sat, 12 Feb 2022 | CN¥121.8b | CN¥146.9b | CN¥1.4b | 46.2x | 86.7x | 0.8x |
| Mon, 10 Jan 2022 | CN¥124.4b | CN¥146.9b | CN¥1.4b | 47.7x | 88.6x | 0.8x |
| Wed, 08 Dec 2021 | CN¥116.6b | CN¥146.9b | CN¥1.4b | 48.2x | 83x | 0.8x |
| Fri, 05 Nov 2021 | CN¥112.3b | CN¥146.9b | CN¥1.4b | 48.3x | 79.9x | 0.8x |
| Sun, 03 Oct 2021 | CN¥111.3b | CN¥140.5b | CN¥1.4b | 49.1x | 80x | 0.8x |
| Tue, 31 Aug 2021 | CN¥121.2b | CN¥140.5b | CN¥1.4b | 51.5x | 87.1x | 0.9x |
| Wed, 07 Jul 2021 | CN¥129.8b | CN¥140.5b | CN¥1.4b | 62.4x | 93.3x | 0.9x |
Price to Earnings Ratio
61.1x
Current Industry PE
- Investors are pessimistic on the Chinese Internet Services and Infrastructure 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 43.3x which is lower than its 3-year average PE of 182x.
- The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Internet Services and Infrastructure industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 8.4% 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 Internet Services and Infrastructure compare with similar industries?
| CN Market | -1.53% | |
| Tech | -2.88% | |
| IT | -3.82% | |
| Internet Services and Infrastructure | -4.13% | |
| IT Consulting | -3.67% | |
| Data Processing Services | -4.94% | |
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 | |
|---|---|---|---|---|---|
| 300738 Guangdong Aofei Data Technology | CN¥11.99 | 4.3% +CN¥471.5m | 15.6% | PE78.1x | |
| 688228 UCAP Cloud Information TechnologyLtd | CN¥52.31 | 10.8% +CN¥341.0m | 12.0% | PE73.9x |
