Chinese (SSE) Industrials Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies1302
- 7D2.4%
- 3M-12.0%
- 1Y-8.3%
- YTD-10.9%
In the last week, the Industrials industry is up 2.4%, with Contemporary Amperex Technology up 2.1%. During this same period, the Ginlong Technologies underperformed, falling 19%. In contrast, the industry has lost 8.3% in the last 12 months. Looking forward, earnings are forecast to grow by 29% annually.
Sector Valuation and Performance
Has the Chinese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | CN¥13.2t | CN¥16.5t | CN¥554.1b | 31.7x | 23.8x | 0.8x |
| Wed, 27 Sep 2023 | CN¥13.5t | CN¥16.3t | CN¥536.8b | 33.1x | 25.2x | 0.8x |
| Fri, 25 Aug 2023 | CN¥13.8t | CN¥16.2t | CN¥525.3b | 33.1x | 26.3x | 0.9x |
| Sun, 23 Jul 2023 | CN¥14.4t | CN¥16.1t | CN¥518.2b | 34.8x | 27.9x | 0.9x |
| Tue, 20 Jun 2023 | CN¥14.6t | CN¥16.1t | CN¥514.0b | 34.9x | 28.4x | 0.9x |
| Thu, 18 May 2023 | CN¥14.7t | CN¥16.0t | CN¥512.3b | 34.4x | 28.7x | 0.9x |
| Sat, 15 Apr 2023 | CN¥14.8t | CN¥15.5t | CN¥481.0b | 34.5x | 30.7x | 1x |
| Mon, 13 Mar 2023 | CN¥14.6t | CN¥15.3t | CN¥464.7b | 35.3x | 31.4x | 1x |
| Wed, 08 Feb 2023 | CN¥14.9t | CN¥15.2t | CN¥455.1b | 35.3x | 32.7x | 1x |
| Fri, 06 Jan 2023 | CN¥14.1t | CN¥15.1t | CN¥455.1b | 32.8x | 31x | 0.9x |
| Sun, 04 Dec 2022 | CN¥14.2t | CN¥15.1t | CN¥452.7b | 34.1x | 31.5x | 0.9x |
| Tue, 01 Nov 2022 | CN¥13.5t | CN¥15.2t | CN¥455.7b | 32.2x | 29.6x | 0.9x |
| Thu, 29 Sep 2022 | CN¥13.6t | CN¥14.8t | CN¥449.9b | 31.1x | 30.3x | 0.9x |
| Sat, 27 Aug 2022 | CN¥14.9t | CN¥14.9t | CN¥484.8b | 35.4x | 30.7x | 1x |
| Mon, 25 Jul 2022 | CN¥15.1t | CN¥14.6t | CN¥461.2b | 35.1x | 32.7x | 1x |
| Wed, 22 Jun 2022 | CN¥13.9t | CN¥14.6t | CN¥455.3b | 32.8x | 30.5x | 1x |
| Fri, 20 May 2022 | CN¥12.6t | CN¥14.5t | CN¥453.9b | 30.5x | 27.8x | 0.9x |
| Sun, 17 Apr 2022 | CN¥12.6t | CN¥14.0t | CN¥487.8b | 28.9x | 25.8x | 0.9x |
| Tue, 15 Mar 2022 | CN¥13.4t | CN¥13.9t | CN¥502.6b | 31.4x | 26.7x | 1x |
| Thu, 10 Feb 2022 | CN¥14.7t | CN¥13.7t | CN¥497.1b | 34.8x | 29.5x | 1.1x |
| Sat, 08 Jan 2022 | CN¥15.3t | CN¥13.7t | CN¥495.5b | 36.9x | 30.8x | 1.1x |
| Mon, 06 Dec 2021 | CN¥16.0t | CN¥13.7t | CN¥493.6b | 37.6x | 32.5x | 1.2x |
| Wed, 03 Nov 2021 | CN¥14.9t | CN¥13.8t | CN¥497.9b | 27.1x | 30x | 1.1x |
| Fri, 01 Oct 2021 | CN¥14.3t | CN¥13.4t | CN¥491.1b | 32.5x | 29.2x | 1.1x |
| Sun, 29 Aug 2021 | CN¥14.5t | CN¥13.4t | CN¥491.0b | 34.5x | 29.5x | 1.1x |
| Mon, 05 Jul 2021 | CN¥13.1t | CN¥13.3t | CN¥487.1b | 30.5x | 26.8x | 1x |
| Thu, 08 Apr 2021 | CN¥11.9t | CN¥12.5t | CN¥450.7b | 29.9x | 26.4x | 1x |
| Sun, 10 Jan 2021 | CN¥12.1t | CN¥11.5t | CN¥385.1b | 35x | 31.3x | 1x |
Price to Earnings Ratio
31.1x
Current Industry PE
- Investors are pessimistic on the Chinese Industrials 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 24.4x which is lower than its 3-year average PE of 29.5x.
- The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Industrials sector?
| CN Market | 2.25% | |
| Industrials | 2.41% | |
| Airlines | 5.37% | |
| Aerospace & Defense | 3.96% | |
| Transportation | 3.65% | |
| Marine and Shipping | 3.47% | |
| Commercial Services | 3.42% | |
| Infrastructure | 3.20% | |
| Logistics | 3.18% | |
| Machinery | 2.70% | |
| Construction | 2.33% | |
| Trade Distributors | 1.79% | |
| Industrials | 1.57% | |
| Building | 1.55% | |
| Professional Services | 1.49% | |
| Electrical | 1.28% | |
Industry PE
- Investors are most optimistic about the Aerospace & Defense industry even though it's trading below its 3-year average PE ratio of 79.4x.
- Analysts are expecting annual earnings growth of 29.7%, which is higher than its past year's earnings growth of 0.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 88% over the next 5 years.
- In contrast, the Construction industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300750 Contemporary Amperex Technology | CN¥188.02 | 6.1% +CN¥47.3b | -9.2% | PE18.7x | |
| 300274 Sungrow Power Supply | CN¥86.96 | 8.6% +CN¥10.2b | -33.6% | PE14.7x | |
| 601816 Beijing-Shanghai High-Speed RailwayLtd | CN¥5.01 | 4.2% +CN¥9.8b | 12.3% | PE44x | |
| 600115 China Eastern Airlines | CN¥4.35 | 10.7% +CN¥9.4b | -9.4% | PS1x | |
| 2352 S.F. Holding | CN¥41.00 | 4.8% +CN¥9.1b | -15.0% | PE25.4x |