After Leaping 36% NAURA Technology Group Co., Ltd. (SZSE:002371) Shares Are Not Flying Under The Radar
Oct 18
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Chinese (SSE) Market Analysis & Valuation
UpdatedOct 22, 2024
DataAggregated Company Financials
Companies4982
- 7D1.2%
- 3M18.6%
- 1Y7.6%
- YTD4.9%
The market is up 1.2% over the last week, with the Information Technology sector leading the way, up 6.6%. On the other hand, with a decline of 3.0%, the Consumer Staples sector is lagging behind. In the last year, the market has climbed 7.6%. Earnings are forecast to grow by 24% annually.
Market Valuation and Performance
Has the Chinese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 22 Oct 2024 | CN¥69.6t | CN¥50.3t | CN¥2.8t | 33.1x | 25x | 1.4x |
| Thu, 19 Sep 2024 | CN¥54.6t | CN¥50.1t | CN¥2.8t | 25.9x | 19.7x | 1.1x |
| Sat, 17 Aug 2024 | CN¥57.7t | CN¥50.7t | CN¥2.8t | 27.3x | 20.3x | 1.1x |
| Mon, 15 Jul 2024 | CN¥59.9t | CN¥50.7t | CN¥2.8t | 28.6x | 21.3x | 1.2x |
| Wed, 12 Jun 2024 | CN¥62.6t | CN¥50.8t | CN¥2.8t | 29.7x | 22.4x | 1.2x |
| Fri, 10 May 2024 | CN¥66.3t | CN¥50.8t | CN¥2.8t | 32.8x | 23.9x | 1.3x |
| Sun, 07 Apr 2024 | CN¥64.7t | CN¥49.9t | CN¥2.8t | 31.4x | 22.8x | 1.3x |
| Tue, 05 Mar 2024 | CN¥64.0t | CN¥51.2t | CN¥2.8t | 30.4x | 22.5x | 1.2x |
| Thu, 01 Feb 2024 | CN¥57.6t | CN¥52.0t | CN¥3.0t | 27.9x | 18.9x | 1.1x |
| Sat, 30 Dec 2023 | CN¥65.4t | CN¥49.8t | CN¥2.7t | 35.2x | 24.1x | 1.3x |
| Mon, 27 Nov 2023 | CN¥67.0t | CN¥49.8t | CN¥2.7t | 35.6x | 24.7x | 1.3x |
| Wed, 25 Oct 2023 | CN¥63.9t | CN¥49.6t | CN¥2.7t | 32.7x | 23.3x | 1.3x |
| Fri, 22 Sep 2023 | CN¥66.6t | CN¥49.6t | CN¥2.7t | 34.1x | 24.4x | 1.3x |
| Sun, 20 Aug 2023 | CN¥68.5t | CN¥49.3t | CN¥2.8t | 34.4x | 24.3x | 1.4x |
| Tue, 18 Jul 2023 | CN¥70.9t | CN¥49.1t | CN¥2.8t | 36.6x | 25.1x | 1.4x |
| Thu, 15 Jun 2023 | CN¥70.8t | CN¥49.0t | CN¥2.8t | 36x | 25.1x | 1.4x |
| Sat, 13 May 2023 | CN¥70.4t | CN¥49.0t | CN¥2.8t | 34.6x | 24.8x | 1.4x |
| Mon, 10 Apr 2023 | CN¥74.3t | CN¥48.2t | CN¥2.9t | 36.2x | 25.8x | 1.5x |
| Wed, 08 Mar 2023 | CN¥73.9t | CN¥47.8t | CN¥2.9t | 36.3x | 25.9x | 1.5x |
| Fri, 03 Feb 2023 | CN¥73.9t | CN¥47.5t | CN¥2.9t | 36x | 25.8x | 1.6x |
| Sun, 01 Jan 2023 | CN¥67.8t | CN¥47.6t | CN¥2.8t | 32.2x | 24x | 1.4x |
| Tue, 29 Nov 2022 | CN¥67.3t | CN¥47.5t | CN¥2.8t | 33.2x | 23.8x | 1.4x |
| Thu, 27 Oct 2022 | CN¥66.1t | CN¥46.7t | CN¥2.9t | 32.1x | 22.9x | 1.4x |
| Sat, 24 Sep 2022 | CN¥66.7t | CN¥46.5t | CN¥2.9t | 31.1x | 23.4x | 1.4x |
| Mon, 22 Aug 2022 | CN¥72.7t | CN¥46.4t | CN¥2.9t | 35.7x | 25.4x | 1.6x |
| Wed, 20 Jul 2022 | CN¥70.8t | CN¥46.1t | CN¥2.8t | 33.1x | 25.1x | 1.5x |
| Fri, 17 Jun 2022 | CN¥69.6t | CN¥46.1t | CN¥2.8t | 32.6x | 24.6x | 1.5x |
| Sun, 15 May 2022 | CN¥64.4t | CN¥46.1t | CN¥2.8t | 30.4x | 22.8x | 1.4x |
| Tue, 12 Apr 2022 | CN¥66.3t | CN¥45.2t | CN¥3.0t | 30.3x | 22.4x | 1.5x |
| Thu, 10 Mar 2022 | CN¥69.2t | CN¥44.5t | CN¥3.0t | 32.4x | 23.2x | 1.6x |
| Sat, 05 Feb 2022 | CN¥72.7t | CN¥44.1t | CN¥3.0t | 34.1x | 24.6x | 1.6x |
| Mon, 03 Jan 2022 | CN¥80.2t | CN¥43.8t | CN¥2.9t | 38.2x | 27.4x | 1.8x |
| Wed, 01 Dec 2021 | CN¥78.8t | CN¥43.7t | CN¥2.9t | 37.2x | 27x | 1.8x |
| Fri, 29 Oct 2021 | CN¥74.5t | CN¥43.4t | CN¥3.0t | 32.2x | 25.1x | 1.7x |
Price to Earnings Ratio
25.1x
Current Market PE
- Investors are relatively neutral on the Chinese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 23.9x.
Past Earnings Growth
- The earnings for Chinese listed companies have declined 2.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.0% 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.
Sector Trends
Which sectors have driven the changes within the Chinese Market?
| CN Market | 1.20% | |
| Tech | 6.61% | |
| Telecom | 4.80% | |
| Industrials | 1.43% | |
| Healthcare | 0.51% | |
| Materials | 0.23% | |
| Consumer Discretionary | 0.08% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Real Estate | -0.34% | |
| Financials | -0.65% | |
| Energy | -2.71% | |
| Consumer Staples | -3.04% | |
| Utilities | -3.13% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 48.1x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 36.9% which is higher than its past year's earnings decline of 3.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 32% per year.
- In contrast, the Utilities sector is expected to see its earnings grow by 11% 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 | Sector | |
|---|---|---|---|---|---|---|
| 688256 Cambricon Technologies | CN¥444.00 | 18.7% +CN¥29.1b | 309.4% | PS279.9x | Tech | |
| 601138 Foxconn Industrial Internet | CN¥26.20 | 4.1% +CN¥20.7b | 80.1% | PE23x | Tech | |
| 002625 Kuang-Chi Technologies | CN¥36.85 | 31.3% +CN¥18.9b | 178.3% | PE122.9x | Industrials | |
| 300059 East Money InformationLtd | CN¥22.25 | 5.6% +CN¥18.6b | 53.0% | PE43.8x | Financials | |
| 688041 Hygon Information Technology | CN¥131.30 | 5.7% +CN¥16.5b | 122.0% | PE161.7x | Tech |
