Seazen Holdings Co., Ltd's (SHSE:601155) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 12
Chinese (SSE) Real Estate Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies129
- 7D10.5%
- 3M15.6%
- 1Y-12.7%
- YTD4.8%
Over the last 7 days, the Real Estate industry has risen 10%, and Poly Developments and Holdings Group contributed the most with a gain of 15%. In the same time, Shanghai ShimaoLtd was down 12%. However, the industry is down 13% over the past year. As for the next few years, earnings are expected to grow by 31% per annum.
Sector Valuation and Performance
Has the Chinese Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | CN¥1.4t | CN¥2.6t | -CN¥23,303,139,765.01 | 37.9x | -59.8x | 0.5x |
| Tue, 16 Apr 2024 | CN¥1.2t | CN¥2.6t | -CN¥10,747,194,180.68 | 22.1x | -108.1x | 0.4x |
| Thu, 14 Mar 2024 | CN¥1.3t | CN¥2.7t | -CN¥12,422,903,148.52 | 20.8x | -103.9x | 0.5x |
| Sat, 10 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥13,452,618,812.03 | 18.1x | -91.7x | 0.5x |
| Mon, 08 Jan 2024 | CN¥1.3t | CN¥2.7t | -CN¥25,631,122,836.00 | 20.8x | -52.1x | 0.5x |
| Wed, 06 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,178,705,403.00 | 21.2x | -51.6x | 0.5x |
| Fri, 03 Nov 2023 | CN¥1.4t | CN¥2.6t | -CN¥29,318,015,759.00 | 20.4x | -48.7x | 0.6x |
| Sun, 01 Oct 2023 | CN¥1.6t | CN¥2.7t | -CN¥13,221,624,553.00 | 20.8x | -118.6x | 0.6x |
| Tue, 29 Aug 2023 | CN¥1.7t | CN¥2.7t | -CN¥10,614,096,483.00 | 22.9x | -158.4x | 0.6x |
| Thu, 27 Jul 2023 | CN¥1.7t | CN¥2.6t | CN¥567.1m | 25.1x | 2912.1x | 0.6x |
| Sat, 24 Jun 2023 | CN¥1.5t | CN¥2.6t | -CN¥1,182,050,094.00 | 21.9x | -1280.4x | 0.6x |
| Mon, 22 May 2023 | CN¥1.6t | CN¥2.6t | CN¥465.7m | 22.2x | 3370.1x | 0.6x |
| Wed, 19 Apr 2023 | CN¥1.7t | CN¥2.6t | CN¥12.0b | 25.4x | 138.2x | 0.6x |
| Fri, 17 Mar 2023 | CN¥1.6t | CN¥2.6t | CN¥23.5b | 23x | 69.9x | 0.6x |
| Sun, 12 Feb 2023 | CN¥1.8t | CN¥2.6t | CN¥23.7b | 23.8x | 73.9x | 0.7x |
| Tue, 10 Jan 2023 | CN¥1.7t | CN¥2.6t | CN¥24.4b | 22.3x | 71.1x | 0.7x |
| Thu, 08 Dec 2022 | CN¥1.8t | CN¥2.6t | CN¥33.0b | 24.2x | 53.8x | 0.7x |
| Sat, 05 Nov 2022 | CN¥1.5t | CN¥2.6t | CN¥34.6b | 21.9x | 43.8x | 0.6x |
| Mon, 03 Oct 2022 | CN¥1.7t | CN¥2.7t | CN¥64.1b | 20.2x | 25.8x | 0.6x |
| Wed, 31 Aug 2022 | CN¥1.7t | CN¥2.8t | CN¥29.7b | 24.4x | 57.4x | 0.6x |
| Fri, 29 Jul 2022 | CN¥1.7t | CN¥2.8t | CN¥41.0b | 20.9x | 42.4x | 0.6x |
| Sun, 26 Jun 2022 | CN¥1.7t | CN¥3.0t | CN¥52.7b | 22.5x | 32.6x | 0.6x |
| Tue, 24 May 2022 | CN¥1.8t | CN¥3.0t | CN¥53.1b | 21.8x | 33.1x | 0.6x |
| Thu, 21 Apr 2022 | CN¥1.9t | CN¥3.1t | CN¥129.2b | 16.6x | 14.6x | 0.6x |
| Sat, 19 Mar 2022 | CN¥1.8t | CN¥3.1t | CN¥156.5b | 13.8x | 11.4x | 0.6x |
| Mon, 14 Feb 2022 | CN¥1.9t | CN¥3.1t | CN¥161.3b | 13.8x | 11.7x | 0.6x |
| Wed, 12 Jan 2022 | CN¥1.9t | CN¥3.1t | CN¥171.0b | 14.1x | 11.4x | 0.6x |
| Fri, 10 Dec 2021 | CN¥1.8t | CN¥3.1t | CN¥171.0b | 12.7x | 10.6x | 0.6x |
| Sun, 07 Nov 2021 | CN¥1.6t | CN¥3.2t | CN¥170.7b | 11.8x | 9.6x | 0.5x |
| Tue, 05 Oct 2021 | CN¥1.8t | CN¥3.1t | CN¥194.4b | 12.7x | 9.4x | 0.6x |
| Thu, 02 Sep 2021 | CN¥1.8t | CN¥3.1t | CN¥194.4b | 13x | 9.3x | 0.6x |
| Sat, 31 Jul 2021 | CN¥1.7t | CN¥3.1t | CN¥194.4b | 12.8x | 8.5x | 0.5x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are relatively neutral on the Chinese Real Estate 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 0.59x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 3.1% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate sector?
| CN Market | 0.029% | |
| Real Estate | 10.49% | |
| Real Estate | 10.72% | |
| REITS | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
| Industrial REITs | -0.71% | |
| Specialized REITs | -1.74% | |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 13.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial REITs industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| 600048 Poly Developments and Holdings Group | CN¥11.20 | 15.2% +CN¥17.6b | -17.3% | PE11.5x | |
| 2 China Vanke | CN¥9.00 | 19.0% +CN¥17.1b | -38.1% | PE10.3x | |
| 1979 China Merchants Shekou Industrial Zone Holdings | CN¥11.40 | 16.1% +CN¥14.3b | -11.4% | PE16.8x | |
| 2244 Hangzhou Binjiang Real Estate GroupLtd | CN¥10.05 | 30.7% +CN¥7.3b | 12.9% | PE13x | |
| 600325 Zhuhai Huafa PropertiesLtd | CN¥8.07 | 24.5% +CN¥4.4b | -19.8% | PE13.5x |
