Some Confidence Is Lacking In Topscore Fashion Co., Ltd. (SHSE:603608) As Shares Slide 27%
May 01
Chinese (SSE) Footwear Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies6
- 7D2.5%
- 3M20.0%
- 1Y48.7%
- YTDn/a
In the last week, the Footwear industry is up 1.5%, with Huali Industrial Group up 2.9%. During this same period, the Topscore Fashion underperformed, falling 13%. This means that the industry has gained 50% over the past year. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Chinese Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥91.9b | CN¥29.0b | CN¥2.7b | 57.4x | 33.7x | 3.2x |
| Sun, 14 Apr 2024 | CN¥84.2b | CN¥27.7b | CN¥1.9b | 23x | 43.4x | 3x |
| Tue, 12 Mar 2024 | CN¥83.4b | CN¥31.4b | CN¥887.6m | 21.6x | 93.9x | 2.7x |
| Thu, 08 Feb 2024 | CN¥83.5b | CN¥31.4b | CN¥887.6m | 22.6x | 94.1x | 2.7x |
| Sat, 06 Jan 2024 | CN¥79.9b | CN¥31.4b | CN¥887.6m | 19.7x | 90x | 2.5x |
| Mon, 04 Dec 2023 | CN¥76.1b | CN¥31.4b | CN¥887.6m | 17.9x | 85.7x | 2.4x |
| Wed, 01 Nov 2023 | CN¥77.3b | CN¥31.6b | CN¥1.2b | 19.1x | 62.4x | 2.4x |
| Fri, 29 Sep 2023 | CN¥78.3b | CN¥31.9b | CN¥1.2b | 18.8x | 63.8x | 2.5x |
| Sun, 27 Aug 2023 | CN¥78.9b | CN¥31.7b | CN¥1.5b | 18.9x | 52.9x | 2.5x |
| Tue, 25 Jul 2023 | CN¥84.8b | CN¥31.9b | CN¥1.4b | 20.7x | 59.3x | 2.7x |
| Thu, 22 Jun 2023 | CN¥77.1b | CN¥31.9b | CN¥1.4b | 17.7x | 53.9x | 2.4x |
| Sat, 20 May 2023 | CN¥80.6b | CN¥31.9b | CN¥1.4b | 17.2x | 57.7x | 2.5x |
| Mon, 17 Apr 2023 | CN¥82.4b | CN¥33.0b | CN¥2.1b | 293.1x | 39.3x | 2.5x |
| Wed, 15 Mar 2023 | CN¥81.5b | CN¥33.0b | CN¥2.1b | 302.7x | 38.9x | 2.5x |
| Fri, 10 Feb 2023 | CN¥97.2b | CN¥32.6b | CN¥2.1b | 307x | 46.5x | 3x |
| Sun, 08 Jan 2023 | CN¥90.7b | CN¥32.6b | CN¥2.1b | 287.7x | 43.4x | 2.8x |
| Tue, 06 Dec 2022 | CN¥85.4b | CN¥32.6b | CN¥2.1b | 308x | 40.8x | 2.6x |
| Thu, 03 Nov 2022 | CN¥78.7b | CN¥32.6b | CN¥2.1b | 280.7x | 37.7x | 2.4x |
| Sat, 01 Oct 2022 | CN¥78.8b | CN¥31.2b | CN¥1.9b | 93.6x | 41.8x | 2.5x |
| Mon, 29 Aug 2022 | CN¥95.4b | CN¥31.6b | CN¥2.0b | 100.6x | 47.7x | 3x |
| Wed, 27 Jul 2022 | CN¥99.6b | CN¥29.9b | CN¥1.7b | 111.2x | 57.1x | 3.3x |
| Fri, 24 Jun 2022 | CN¥112.1b | CN¥29.9b | CN¥1.7b | 113.8x | 64.3x | 3.8x |
| Sun, 22 May 2022 | CN¥115.6b | CN¥29.9b | CN¥1.7b | 111x | 66.3x | 3.9x |
| Tue, 19 Apr 2022 | CN¥106.2b | CN¥30.1b | CN¥1.3b | 46x | 83.3x | 3.5x |
| Thu, 17 Mar 2022 | CN¥103.2b | CN¥29.7b | CN¥2.0b | 44.7x | 52.4x | 3.5x |
| Sat, 12 Feb 2022 | CN¥125.7b | CN¥28.4b | CN¥1.8b | 49x | 71.4x | 4.4x |
| Mon, 10 Jan 2022 | CN¥131.1b | CN¥28.4b | CN¥1.8b | 55.6x | 74.5x | 4.6x |
| Wed, 08 Dec 2021 | CN¥127.5b | CN¥28.4b | CN¥1.8b | 47.4x | 72.4x | 4.5x |
| Fri, 05 Nov 2021 | CN¥140.6b | CN¥28.4b | CN¥1.8b | 42.8x | 79.9x | 4.9x |
| Sun, 03 Oct 2021 | CN¥132.2b | CN¥27.3b | CN¥1.8b | 45.5x | 72.4x | 4.8x |
| Tue, 31 Aug 2021 | CN¥123.6b | CN¥27.3b | CN¥1.8b | 44.4x | 67.7x | 4.5x |
| Wed, 07 Jul 2021 | CN¥162.5b | CN¥27.3b | CN¥1.8b | 59.1x | 89x | 6x |
Price to Earnings Ratio
89.7x
Current Industry PE
- Investors are pessimistic on the Chinese Footwear 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 33.9x which is lower than its 3-year average PE of 64.1x.
- The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 3.6% 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 Footwear compare with similar industries?
| CN Market | -1.53% | |
| Consumer Discretionary | -1.19% | |
| Luxury | 0.43% | |
| Footwear | 2.54% | |
| Apparel, Accessories and Luxury Goods | 0.34% | |
| Textiles | -0.42% | |
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 | |
|---|---|---|---|---|---|
| 300979 Huali Industrial Group | CN¥70.71 | 2.9% +CN¥2.3b | 61.8% | PE23.5x | |
| 603001 ZheJiang AoKang ShoesLtd | CN¥4.90 | 4.3% +CN¥80.2m | -17.2% | PS0.7x | |
| 603557 Qibu | CN¥1.86 | 6.3% +CN¥59.3m | -32.9% | PS4.3x | |
| 603116 Zhejiang Red Dragonfly Footwear | CN¥5.22 | 1.0% +CN¥28.8m | -14.4% | PE57.4x |
