Here's Why We Think Zhejiang Taotao Vehicles (SZSE:301345) Is Well Worth Watching
May 13
Chinese (SSE) Motorcycle Manufacturers Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies7
- 7D0.6%
- 3M41.8%
- 1Y13.7%
- YTDn/a
In the last week, the Motorcycle Manufacturers industry is up 8.7%, with Ninebot up 17%. In the last 12 months, the industry was up 14%. Earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Chinese Motorcycle Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥100.1b | CN¥55.8b | CN¥4.0b | 30.2x | 24.8x | 1.8x |
| Sun, 14 Apr 2024 | CN¥79.4b | CN¥56.0b | CN¥3.9b | 25.2x | 20.4x | 1.4x |
| Tue, 12 Mar 2024 | CN¥80.5b | CN¥55.8b | CN¥3.7b | 21x | 21.5x | 1.4x |
| Thu, 08 Feb 2024 | CN¥69.6b | CN¥55.8b | CN¥3.7b | 17.6x | 18.6x | 1.2x |
| Sat, 06 Jan 2024 | CN¥69.8b | CN¥55.8b | CN¥3.7b | 23.9x | 18.7x | 1.2x |
| Mon, 04 Dec 2023 | CN¥79.3b | CN¥55.8b | CN¥3.7b | 22.4x | 21.2x | 1.4x |
| Wed, 01 Nov 2023 | CN¥76.7b | CN¥55.9b | CN¥3.7b | 21.7x | 20.5x | 1.4x |
| Fri, 29 Sep 2023 | CN¥80.9b | CN¥56.5b | CN¥3.8b | 22.1x | 21.6x | 1.4x |
| Sun, 27 Aug 2023 | CN¥74.4b | CN¥56.5b | CN¥3.8b | 22.3x | 19.8x | 1.3x |
| Tue, 25 Jul 2023 | CN¥85.0b | CN¥56.8b | CN¥3.6b | 25.4x | 23.8x | 1.5x |
| Thu, 22 Jun 2023 | CN¥84.2b | CN¥56.8b | CN¥3.6b | 24.3x | 23.6x | 1.5x |
| Sat, 20 May 2023 | CN¥87.2b | CN¥56.8b | CN¥3.6b | 22.4x | 24.5x | 1.5x |
| Mon, 17 Apr 2023 | CN¥97.2b | CN¥57.7b | CN¥3.5b | 26.7x | 27.4x | 1.7x |
| Wed, 15 Mar 2023 | CN¥87.3b | CN¥55.1b | CN¥2.9b | 31.4x | 30.5x | 1.6x |
| Fri, 10 Feb 2023 | CN¥108.8b | CN¥54.9b | CN¥2.9b | 34.5x | 37.4x | 2x |
| Sun, 08 Jan 2023 | CN¥97.5b | CN¥54.9b | CN¥2.9b | 32.4x | 33.5x | 1.8x |
| Tue, 06 Dec 2022 | CN¥98.9b | CN¥54.9b | CN¥2.9b | 32.5x | 34x | 1.8x |
| Thu, 03 Nov 2022 | CN¥102.9b | CN¥56.2b | CN¥3.0b | 35.3x | 33.8x | 1.8x |
| Sat, 01 Oct 2022 | CN¥97.2b | CN¥51.4b | CN¥2.3b | 61.3x | 42.3x | 1.9x |
| Mon, 29 Aug 2022 | CN¥111.7b | CN¥50.8b | CN¥2.2b | 80.2x | 50.8x | 2.2x |
| Wed, 27 Jul 2022 | CN¥109.1b | CN¥51.7b | CN¥2.1b | 80.2x | 51.3x | 2.1x |
| Fri, 24 Jun 2022 | CN¥98.8b | CN¥51.7b | CN¥2.1b | 77.4x | 46.4x | 1.9x |
| Sun, 22 May 2022 | CN¥86.6b | CN¥51.7b | CN¥2.1b | 71.9x | 40.7x | 1.7x |
| Tue, 19 Apr 2022 | CN¥81.1b | CN¥48.9b | CN¥2.2b | 68.8x | 37.5x | 1.7x |
| Thu, 17 Mar 2022 | CN¥79.6b | CN¥46.9b | CN¥2.0b | 71.7x | 39.2x | 1.7x |
| Sat, 12 Feb 2022 | CN¥97.5b | CN¥46.6b | CN¥2.0b | 113.7x | 48.8x | 2.1x |
| Mon, 10 Jan 2022 | CN¥104.8b | CN¥46.6b | CN¥2.0b | 120.1x | 52.5x | 2.2x |
| Wed, 08 Dec 2021 | CN¥100.0b | CN¥46.6b | CN¥2.0b | 106.1x | 50.1x | 2.1x |
| Fri, 05 Nov 2021 | CN¥95.8b | CN¥46.6b | CN¥2.0b | 120.7x | 48x | 2.1x |
| Sun, 03 Oct 2021 | CN¥104.8b | CN¥46.9b | CN¥2.2b | 36.5x | 48.6x | 2.2x |
| Tue, 31 Aug 2021 | CN¥101.1b | CN¥46.9b | CN¥2.2b | 37.3x | 46.1x | 2.2x |
| Wed, 07 Jul 2021 | CN¥118.8b | CN¥46.9b | CN¥2.2b | 53.3x | 54.2x | 2.5x |
Price to Earnings Ratio
65.7x
Current Industry PE
- Investors are pessimistic on the Chinese Motorcycle Manufacturers 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 25.3x which is lower than its 3-year average PE of 36.1x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Motorcycle Manufacturers industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 22% 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 Motorcycle Manufacturers compare with similar industries?
| CN Market | -1.53% | |
| Consumer Discretionary | -1.19% | |
| Auto | -2.00% | |
| Motorcycle Manufacturers | 0.58% | |
| Automobile Manufacturers | -2.42% | |
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 | |
|---|---|---|---|---|---|
| 689009 Ninebot | CN¥40.71 | 5.2% +CN¥1.5b | 17.3% | PE41.3x | |
| 603766 Loncin Motor | CN¥7.70 | 3.4% +CN¥513.4m | 65.2% | PE30.2x | |
| 301345 Zhejiang Taotao Vehicles | CN¥76.25 | 2.5% +CN¥201.6m | 56.3% | PE28x | |
| 603787 Jiangsu Xinri E-Vehicle | CN¥12.38 | 1.1% +CN¥32.2m | -30.1% | PE39.9x | |
| 600099 LinhaiLtd | CN¥8.23 | 0.6% +CN¥11.0m | -6.5% | PE139.8x |
