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Chinese (SSE) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies4990
  • 7D1.9%
  • 3M1.1%
  • 1Y-11.1%
  • YTD0.2%

The market has climbed 2.1% in the last 7 days, lead by the Industrials sector with a gain of 2.6%. On the other hand, with a decline of 5.3%, the Energy sector is lagging behind. In contrast, the market has seen a decline of 13% over the last 12 months. Looking forward, earnings are forecast to grow by 27% annually.

Market Valuation and Performance

Has the Chinese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024CN¥66.0tCN¥51.5tCN¥2.9t31.9x23x1.3x
Thu, 15 Feb 2024CN¥59.2tCN¥51.9tCN¥3.1t26.5x19.2x1.1x
Sat, 13 Jan 2024CN¥62.6tCN¥49.9tCN¥2.7t33.8x23x1.3x
Mon, 11 Dec 2023CN¥65.4tCN¥49.8tCN¥2.7t34.7x24.1x1.3x
Wed, 08 Nov 2023CN¥67.5tCN¥51.9tCN¥2.6t35.5x26x1.3x
Fri, 06 Oct 2023CN¥67.6tCN¥49.6tCN¥2.7t35.2x24.7x1.4x
Sun, 03 Sep 2023CN¥68.7tCN¥49.6tCN¥2.8t35.1x24.9x1.4x
Tue, 01 Aug 2023CN¥72.1tCN¥49.1tCN¥2.8t36.2x25.5x1.5x
Thu, 29 Jun 2023CN¥70.2tCN¥49.1tCN¥2.8t36x24.9x1.4x
Sat, 27 May 2023CN¥70.3tCN¥49.0tCN¥2.8t35.9x25x1.4x
Mon, 24 Apr 2023CN¥72.1tCN¥48.1tCN¥2.8t34.7x25.4x1.5x
Wed, 22 Mar 2023CN¥71.5tCN¥47.9tCN¥2.9t35.8x24.8x1.5x
Fri, 17 Feb 2023CN¥73.2tCN¥47.5tCN¥2.9t36.2x25.6x1.5x
Sun, 15 Jan 2023CN¥70.6tCN¥47.4tCN¥2.8t33.4x24.8x1.5x
Tue, 13 Dec 2022CN¥70.2tCN¥47.5tCN¥2.8t34.5x24.8x1.5x
Thu, 10 Nov 2022CN¥67.2tCN¥47.5tCN¥2.8t33.9x23.8x1.4x
Sat, 08 Oct 2022CN¥65.3tCN¥46.6tCN¥2.9t30x22.9x1.4x
Mon, 05 Sep 2022CN¥70.0tCN¥46.2tCN¥2.8t33.9x24.6x1.5x
Wed, 03 Aug 2022CN¥70.3tCN¥46.1tCN¥2.8t33.4x24.8x1.5x
Fri, 01 Jul 2022CN¥73.3tCN¥46.0tCN¥2.8t34.2x26x1.6x
Sun, 29 May 2022CN¥65.2tCN¥46.1tCN¥2.8t30.6x23.1x1.4x
Tue, 26 Apr 2022CN¥60.0tCN¥45.7tCN¥3.0t27x20.1x1.3x
Thu, 24 Mar 2022CN¥70.5tCN¥45.0tCN¥3.0t32.9x23.5x1.6x
Sat, 19 Feb 2022CN¥74.8tCN¥44.1tCN¥3.0t35x25.3x1.7x
Mon, 17 Jan 2022CN¥77.3tCN¥43.8tCN¥2.9t37.6x26.3x1.8x
Wed, 15 Dec 2021CN¥80.6tCN¥43.7tCN¥2.9t37.7x27.6x1.8x
Fri, 12 Nov 2021CN¥76.8tCN¥43.7tCN¥2.9t35.2x26.3x1.8x
Sun, 10 Oct 2021CN¥75.8tCN¥42.4tCN¥2.9t33.8x25.8x1.8x
Tue, 07 Sep 2021CN¥77.9tCN¥42.4tCN¥2.9t35.7x26.6x1.8x
Thu, 05 Aug 2021CN¥74.8tCN¥42.3tCN¥2.9t34.2x25.7x1.8x
Sun, 09 May 2021CN¥70.0tCN¥39.9tCN¥2.7t31.8x26.1x1.8x
Price to Earnings Ratio

25.4x


Total Market Cap: CN¥67.8tTotal Earnings: CN¥2.7tTotal Revenue: CN¥39.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Market Price to Earnings3Y Average 24.7x202220232024
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 24.7x.
Past Earnings Growth
  • The earnings for Chinese listed companies have grown 2.4% per year over the last three years.
  • Revenues for these companies have grown 9.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Chinese Market?

CN Market1.86%
Healthcare3.33%
Telecom3.08%
Consumer Discretionary3.08%
Materials2.42%
Consumer Staples2.26%
Industrials2.11%
Tech1.96%
Real Estate1.78%
Financials-0.16%
Utilities-1.07%
Energy-3.72%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading close to its 3-year average PE ratio of 55.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 33.1%, which is higher than its past year's earnings growth of 4.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 8.2% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
858 Wuliangye YibinLtdCN¥153.508.7%
+CN¥47.9b
-17.4%PE20.2xConsumer Staples
300750 Contemporary Amperex TechnologyCN¥190.965.6%
+CN¥42.3b
-9.5%PE19xIndustrials
625 Chongqing Changan AutomobileCN¥17.9018.5%
+CN¥27.8b
56.6%PE16.5xConsumer Discretionary
600276 Jiangsu Hengrui MedicineCN¥47.288.4%
+CN¥23.4b
17.0%PE71.5xHealthcare
568 Luzhou LaojiaoLtdCN¥186.207.7%
+CN¥19.6b
-19.4%PE21.6xConsumer Staples
See more
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Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

625

CN¥17.90

Chongqing Changan Automobile

7D

18.5%

1Y

56.6%

300750

CN¥190.96

Contemporary Amperex Technology

7D

5.6%

1Y

-9.5%

2920

CN¥123.66

Huizhou Desay SV Automotive

7D

20.1%

1Y

28.4%

601138

CN¥25.01

Foxconn Industrial Internet

7D

-3.1%

1Y

68.1%

601225

CN¥24.34

Shaanxi Coal Industry

7D

-8.0%

1Y

29.4%

601601

CN¥23.32

China Pacific Insurance (Group)

7D

-7.1%

1Y

-15.3%

600276

CN¥47.28

Jiangsu Hengrui Medicine

7D

8.4%

1Y

17.0%

300760

CN¥293.07

Shenzhen Mindray Bio-Medical Electronics

7D

-3.8%

1Y

-0.8%