Capital Allocation Trends At China Bester Group Telecom (SHSE:603220) Aren't Ideal
May 27
Chinese (SSE) Integrated Telecom Services Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies5
- 7D-2.0%
- 3M-12.7%
- 1Y-4.8%
- YTDn/a
Over the last 7 days, the Integrated Telecom Services industry has dropped 4.1%, driven by a pullback from China Bester Group Telecom of 4.5%. On the other hand Hangzhou Huaxing Chuangye Communication Technology is actually up 5.4%. Overall the industry is down 3.4% in 12 months. As for the next few years, earnings are expected to grow by 79% per annum.
Industry Valuation and Performance
Has the Chinese Integrated Telecom Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | CN¥24.9b | CN¥6.5b | -CN¥654,204,303.00 | 55.8x | -38.1x | 3.9x |
| Thu, 25 Apr 2024 | CN¥24.5b | CN¥6.4b | -CN¥130,907,488.00 | 75.3x | -187.2x | 3.8x |
| Sat, 23 Mar 2024 | CN¥30.8b | CN¥6.6b | CN¥181.4m | 101.3x | 169.7x | 4.7x |
| Mon, 19 Feb 2024 | CN¥19.8b | CN¥6.6b | CN¥181.4m | 70.8x | 109.3x | 3x |
| Wed, 17 Jan 2024 | CN¥27.1b | CN¥6.6b | CN¥181.4m | 100.8x | 149.2x | 4.1x |
| Fri, 15 Dec 2023 | CN¥31.9b | CN¥6.6b | CN¥181.4m | 112.2x | 175.7x | 4.9x |
| Sun, 12 Nov 2023 | CN¥33.4b | CN¥6.6b | CN¥181.4m | 107x | 184.4x | 5.1x |
| Tue, 10 Oct 2023 | CN¥34.1b | CN¥6.3b | CN¥205.1m | 111x | 166.2x | 5.4x |
| Thu, 07 Sep 2023 | CN¥30.3b | CN¥6.3b | CN¥205.1m | 109.8x | 147.9x | 4.8x |
| Sat, 05 Aug 2023 | CN¥27.8b | CN¥6.1b | CN¥185.8m | 422.1x | 149.4x | 4.5x |
| Mon, 03 Jul 2023 | CN¥27.9b | CN¥6.1b | CN¥185.8m | 430.8x | 150.1x | 4.6x |
| Wed, 31 May 2023 | CN¥26.5b | CN¥6.1b | CN¥185.8m | 443.8x | 142.4x | 4.3x |
| Fri, 28 Apr 2023 | CN¥23.4b | CN¥6.1b | CN¥222.5m | 217.1x | 105x | 3.9x |
| Sun, 26 Mar 2023 | CN¥24.7b | CN¥6.0b | -CN¥25,252,281.00 | 78.5x | -979x | 4.1x |
| Tue, 21 Feb 2023 | CN¥22.3b | CN¥6.0b | -CN¥25,252,281.00 | 67.5x | -884.8x | 3.7x |
| Thu, 19 Jan 2023 | CN¥21.1b | CN¥6.0b | -CN¥25,252,281.00 | 66x | -836.4x | 3.5x |
| Sat, 17 Dec 2022 | CN¥19.3b | CN¥6.0b | -CN¥25,252,281.00 | 62.7x | -765.4x | 3.2x |
| Mon, 14 Nov 2022 | CN¥23.0b | CN¥6.7b | CN¥36.6m | 55.2x | 628.3x | 3.4x |
| Wed, 12 Oct 2022 | CN¥15.9b | CN¥5.9b | -CN¥8,396,339.00 | 44.6x | -1897.4x | 2.7x |
| Fri, 09 Sep 2022 | CN¥18.9b | CN¥5.9b | -CN¥8,396,342.00 | 49.9x | -2255.7x | 3.2x |
| Sun, 07 Aug 2022 | CN¥19.7b | CN¥5.9b | CN¥91.0m | 45.3x | 216.3x | 3.4x |
| Tue, 05 Jul 2022 | CN¥19.1b | CN¥5.9b | CN¥91.0m | 48x | 209.4x | 3.2x |
| Thu, 02 Jun 2022 | CN¥17.4b | CN¥5.9b | CN¥91.0m | 40.6x | 191.4x | 3x |
| Sat, 30 Apr 2022 | CN¥16.4b | CN¥5.9b | CN¥96.2m | 39.3x | 170.3x | 2.8x |
| Mon, 28 Mar 2022 | CN¥21.7b | CN¥5.9b | CN¥190.8m | 62.3x | 113.7x | 3.7x |
| Wed, 23 Feb 2022 | CN¥22.1b | CN¥5.9b | CN¥190.8m | 59.3x | 116.1x | 3.8x |
| Fri, 21 Jan 2022 | CN¥22.9b | CN¥5.9b | CN¥190.8m | 65.8x | 120.1x | 3.9x |
| Sun, 19 Dec 2021 | CN¥23.4b | CN¥5.9b | CN¥190.8m | 70.7x | 122.8x | 4x |
| Tue, 16 Nov 2021 | CN¥21.1b | CN¥5.9b | CN¥190.8m | 66.6x | 110.5x | 3.6x |
| Thu, 14 Oct 2021 | CN¥19.8b | CN¥6.0b | CN¥455.6m | 36.8x | 43.4x | 3.3x |
| Sat, 11 Sep 2021 | CN¥20.2b | CN¥6.0b | CN¥455.6m | 38.5x | 44.4x | 3.4x |
| Mon, 09 Aug 2021 | CN¥20.9b | CN¥6.0b | CN¥455.6m | 42.2x | 46x | 3.5x |
Price to Earnings Ratio
42.4x
Current Industry PE
- Investors are relatively neutral on the Chinese Integrated Telecommunication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 3.8x.
Past Earnings Growth
- Total earnings for the Integrated Telecommunication Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 3.9% 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 Integrated Telecom Services compare with similar industries?
| CN Market | -2.34% | |
| Telecom | -3.03% | |
| Telecom Services and Carriers | -3.66% | |
| Integrated Telecom Services | -2.04% | |
| Alternative Carriers | -7.62% | |
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 | |
|---|---|---|---|---|---|
| 300025 Hangzhou Huaxing Chuangye Communication Technology | CN¥9.91 | 5.4% +CN¥259.5m | -15.2% | PS7.1x |