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Chinese (SSE) Market Analysis & Valuation

UpdatedJun 03, 2023
DataAggregated Company Financials
Companies4891
  • 7D0.6%
  • 3M-5.8%
  • 1Y-1.5%
  • YTD0.7%

In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 8.3%. In line with that, the market has also been flat over the past year. Earnings are forecast to grow by 25% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Jun 2023CN„70.8tCN„49.0tCN„2.8t36.1x25.1x1.4x
Tue, 02 May 2023CN„72.0tCN„49.1tCN„2.8t35.1x25.5x1.5x
Thu, 30 Mar 2023CN„72.2tCN„48.2tCN„2.9t35.8x25x1.5x
Sat, 25 Feb 2023CN„73.2tCN„47.7tCN„2.9t36.4x25.6x1.5x
Mon, 23 Jan 2023CN„72.7tCN„47.4tCN„2.9t34.7x25.5x1.5x
Wed, 21 Dec 2022CN„67.5tCN„47.5tCN„2.8t32.9x23.9x1.4x
Fri, 18 Nov 2022CN„69.1tCN„47.5tCN„2.8t34.6x24.5x1.5x
Sun, 16 Oct 2022CN„67.1tCN„46.6tCN„2.9t31.8x23.5x1.4x
Tue, 13 Sep 2022CN„71.2tCN„46.5tCN„2.8t34.1x25.1x1.5x
Thu, 11 Aug 2022CN„71.9tCN„46.2tCN„2.8t35.3x25.2x1.6x
Sat, 09 Jul 2022CN„72.9tCN„46.0tCN„2.8t33.7x25.8x1.6x
Mon, 06 Jun 2022CN„67.4tCN„46.1tCN„2.8t32.2x23.8x1.5x
Wed, 04 May 2022CN„62.9tCN„46.0tCN„2.8t28.3x22.2x1.4x
Fri, 01 Apr 2022CN„69.2tCN„45.1tCN„3.0t32x23x1.5x
Sun, 27 Feb 2022CN„74.7tCN„44.3tCN„3.0t35x25.2x1.7x
Tue, 25 Jan 2022CN„76.6tCN„44.1tCN„3.0t35.9x25.9x1.7x
Thu, 23 Dec 2021CN„79.6tCN„43.7tCN„2.9t38.1x27.2x1.8x
Sat, 20 Nov 2021CN„77.1tCN„43.7tCN„2.9t36x26.4x1.8x
Mon, 18 Oct 2021CN„74.6tCN„42.5tCN„2.9t33.2x25.4x1.8x
Wed, 15 Sep 2021CN„77.5tCN„42.3tCN„2.9t35.6x26.5x1.8x
Fri, 13 Aug 2021CN„75.8tCN„42.4tCN„2.9t35x26x1.8x
Tue, 08 Jun 2021CN„74.3tCN„40.0tCN„2.7t33.5x27.6x1.9x
Mon, 01 Mar 2021CN„69.4tCN„36.9tCN„2.4t36.3x29.3x1.9x
Thu, 03 Dec 2020CN„66.0tCN„35.4tCN„2.1t40x30.8x1.9x
Sun, 06 Sep 2020CN„65.7tCN„34.1tCN„2.0t44.7x32.2x1.9x
Wed, 10 Jun 2020CN„51.0tCN„33.3tCN„2.0t37.4x25.3x1.5x
Price to Earnings Ratio

25.3x


Total Market Cap: CN„51.0tTotal Earnings: CN„2.0tTotal Revenue: CN„33.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Market Price to Earnings3Y Average 26.3x202120222023
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 26.3x.
Past Earnings Growth
  • The earnings for Chinese listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market0.56%
Telecom8.28%
Tech2.46%
Real Estate2.27%
Materials0.85%
Consumer Discretionary0.35%
Industrials0.21%
Financials0.18%
Utilities-0.92%
Consumer Staples-1.29%
Energy-1.54%
Healthcare-1.94%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 141x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.9% which is higher than its past year's earnings decline of 20.2% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.7x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings decline of 2.7% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 8.8% 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
300750 Contemporary Amperex TechnologyCN„228.443.8%
+CN„37.1b
-5.9%PE25.7xIndustrials
688111 Beijing Kingsoft Office SoftwareCN„471.0014.1%
+CN„26.9b
124.0%PE191.7xTech
2230 iFLYTEKLTDCN„66.8018.0%
+CN„23.5b
80.9%PE392.4xTech
601138 Foxconn Industrial InternetCN„17.836.2%
+CN„20.7b
89.7%PE17.8xTech
601390 China Railway GroupCN„7.877.7%
+CN„13.9b
21.3%PE6.6xIndustrials
See more
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601138

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2129

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21.3%

300760

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601012

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LONGi Green Energy Technology

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300750

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Contemporary Amperex Technology

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600438

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TongweiLtd

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688111

CN„471.00

Beijing Kingsoft Office Software

7D

14.1%

1Y

124.0%

601668

CN„6.08

China State Construction Engineering

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5.7%

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11.6%

600519

CN„1,670.60

Kweichow Moutai

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