At CN¥12.48, Is It Time To Put Centre Testing International Group Co. Ltd. (SZSE:300012) On Your Watch List?
May 13
Chinese (SSE) Professional Services Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies53
- 7D1.2%
- 3M21.6%
- 1Y-16.5%
- YTD-5.0%
Last week, the Professional Services industry hasn't moved much but Shenzhen Urban Transport Planning Center is up 7.3% in that time. Unfortunately though, the industry is down 18% over the past 12 months. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Professional Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | CN¥235.2b | CN¥162.4b | CN¥4.6b | 40.9x | 50.9x | 1.4x |
| Mon, 15 Apr 2024 | CN¥220.2b | CN¥123.8b | CN¥5.7b | 33.6x | 39x | 1.8x |
| Wed, 13 Mar 2024 | CN¥219.6b | CN¥122.6b | CN¥5.5b | 34.3x | 40.3x | 1.8x |
| Fri, 09 Feb 2024 | CN¥190.6b | CN¥122.6b | CN¥5.5b | 28.6x | 34.5x | 1.6x |
| Sun, 07 Jan 2024 | CN¥227.8b | CN¥116.8b | CN¥5.7b | 39.1x | 39.7x | 1.9x |
| Tue, 05 Dec 2023 | CN¥245.2b | CN¥116.8b | CN¥5.7b | 43.5x | 42.8x | 2.1x |
| Thu, 02 Nov 2023 | CN¥221.4b | CN¥115.5b | CN¥5.6b | 35.2x | 39.4x | 1.9x |
| Sat, 30 Sep 2023 | CN¥240.2b | CN¥115.1b | CN¥6.0b | 39.5x | 40.1x | 2.1x |
| Mon, 28 Aug 2023 | CN¥247.0b | CN¥113.5b | CN¥6.0b | 40x | 41.1x | 2.2x |
| Wed, 26 Jul 2023 | CN¥259.7b | CN¥111.4b | CN¥6.1b | 41.2x | 42.7x | 2.3x |
| Fri, 23 Jun 2023 | CN¥251.6b | CN¥110.9b | CN¥6.0b | 41.6x | 42.1x | 2.3x |
| Sun, 21 May 2023 | CN¥245.8b | CN¥110.6b | CN¥5.8b | 40.6x | 42x | 2.2x |
| Tue, 18 Apr 2023 | CN¥248.7b | CN¥106.7b | CN¥2.0b | 40.2x | 126.3x | 2.3x |
| Thu, 16 Mar 2023 | CN¥240.5b | CN¥104.5b | CN¥1.7b | 40.4x | 145.4x | 2.3x |
| Sat, 11 Feb 2023 | CN¥240.8b | CN¥104.3b | CN¥1.6b | 39.2x | 147.9x | 2.3x |
| Mon, 09 Jan 2023 | CN¥224.4b | CN¥103.5b | CN¥1.5b | 38.5x | 145.2x | 2.2x |
| Wed, 07 Dec 2022 | CN¥228.9b | CN¥103.5b | CN¥1.5b | 41x | 148.2x | 2.2x |
| Fri, 04 Nov 2022 | CN¥210.1b | CN¥100.9b | CN¥247.2m | 34.8x | 850.1x | 2.1x |
| Sun, 02 Oct 2022 | CN¥201.5b | CN¥101.2b | CN¥1.5b | 31x | 130.6x | 2x |
| Tue, 30 Aug 2022 | CN¥221.4b | CN¥103.3b | CN¥1.0b | 37.2x | 214x | 2.1x |
| Thu, 28 Jul 2022 | CN¥219.1b | CN¥87.4b | CN¥1.5b | 38.8x | 143.5x | 2.5x |
| Sat, 25 Jun 2022 | CN¥208.6b | CN¥87.2b | CN¥1.5b | 36.4x | 142.8x | 2.4x |
| Mon, 23 May 2022 | CN¥202.0b | CN¥86.9b | CN¥1.4b | 35.8x | 145.5x | 2.3x |
| Wed, 20 Apr 2022 | CN¥199.2b | CN¥86.7b | CN¥4.8b | 36.8x | 41.4x | 2.3x |
| Fri, 18 Mar 2022 | CN¥201.3b | CN¥86.2b | CN¥5.0b | 37.9x | 40.4x | 2.3x |
| Sun, 13 Feb 2022 | CN¥208.2b | CN¥84.7b | CN¥4.9b | 37.7x | 42.2x | 2.5x |
| Tue, 11 Jan 2022 | CN¥220.9b | CN¥83.5b | CN¥4.8b | 41.8x | 46.3x | 2.6x |
| Thu, 09 Dec 2021 | CN¥217.8b | CN¥83.9b | CN¥4.8b | 39.9x | 45.2x | 2.6x |
| Sat, 06 Nov 2021 | CN¥215.8b | CN¥83.9b | CN¥4.8b | 36.9x | 44.7x | 2.6x |
| Mon, 04 Oct 2021 | CN¥205.7b | CN¥80.3b | CN¥4.9b | 38.1x | 41.7x | 2.6x |
| Wed, 01 Sep 2021 | CN¥217.0b | CN¥80.4b | CN¥5.0b | 42.3x | 43.8x | 2.7x |
| Thu, 08 Jul 2021 | CN¥221.3b | CN¥78.3b | CN¥4.8b | 40x | 46.1x | 2.8x |
Price to Earnings Ratio
41.4x
Current Industry PE
- Investors are pessimistic on the Chinese Professional Services 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 50.2x which is lower than its 3-year average PE of 77.6x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Professional Services industry have declined 3.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 30% 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 Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | 0.029% | |
| Industrials | -0.26% | |
| Professional Services | 1.15% | |
| Research and Consulting Services | 1.45% | |
| HR Services | -0.56% | |
Industry PE
- Investors are most optimistic about the Research and Consulting Services industry even though it's trading below its 3-year average PE ratio of 95.6x.
- Analysts are expecting annual earnings growth of 29.8%, which is higher than its past year's earnings decline of 2.4% per year.
- Investors are most pessimistic about the HR Services industry, which is trading below its 3-year average of 33.0x.
Forecasted Growth
- Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 2.4% per year.
- In contrast, the HR Services 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 | |
|---|---|---|---|---|---|
| 301091 Shenzhen Urban Transport Planning Center | CN¥39.70 | 7.3% +CN¥842.4m | 124.3% | PE78.3x | |
| 300688 Dark Horse Technology Group | CN¥25.29 | 11.7% +CN¥441.9m | -7.7% | PE375.2x | |
| 300778 Shenzhen New Land Tool Planning & Architectural Design | CN¥14.43 | 15.1% +CN¥384.3m | -34.8% | PS10.1x | |
| 2789 Shenzhen Jianyi Decoration Group | CN¥11.50 | 24.5% +CN¥360.7m | -22.1% | PS0.3x | |
| 300675 Shenzhen Institute of Building Research | CN¥13.96 | 12.6% +CN¥228.8m | -11.6% | PE50.6x |
