Gree Electric Appliances of Zhuhai (SZSE:000651) Is Reinvesting At Lower Rates Of Return
Mar 24
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Chinese (SSE) Consumer Discretionary Sector Analysis
UpdatedMar 24, 2025
DataAggregated Company Financials
Companies590
- 7D-1.0%
- 3M4.2%
- 1Y16.6%
- YTD5.4%
Last week, the Consumer Discretionary industry hasn't moved much but Midea Group is up 4.7% in that time. The past year has been better, since the industry has gained 17% in that time. Earnings are forecast to grow by 21% annually.
Sector Valuation and Performance
Has the Chinese Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 24 Mar 2025 | CN¥6.7t | CN¥5.6t | CN¥251.6b | 33.4x | 26.4x | 1.2x |
| Wed, 19 Feb 2025 | CN¥6.4t | CN¥5.6t | CN¥250.2b | 31.6x | 25.6x | 1.1x |
| Fri, 17 Jan 2025 | CN¥6.3t | CN¥5.6t | CN¥251.3b | 29.4x | 24.9x | 1.1x |
| Sun, 15 Dec 2024 | CN¥6.7t | CN¥5.6t | CN¥251.1b | 32.1x | 26.5x | 1.2x |
| Tue, 12 Nov 2024 | CN¥6.5t | CN¥5.6t | CN¥250.9b | 29.6x | 25.7x | 1.1x |
| Thu, 10 Oct 2024 | CN¥5.9t | CN¥5.7t | CN¥254.2b | 26x | 23.1x | 1x |
| Sat, 07 Sep 2024 | CN¥4.9t | CN¥5.7t | CN¥252.4b | 22.4x | 19.3x | 0.9x |
| Mon, 05 Aug 2024 | CN¥5.1t | CN¥5.8t | CN¥245.5b | 23.4x | 20.7x | 0.9x |
| Wed, 03 Jul 2024 | CN¥5.1t | CN¥5.8t | CN¥245.8b | 24x | 20.8x | 0.9x |
| Fri, 31 May 2024 | CN¥5.6t | CN¥5.8t | CN¥245.1b | 25.6x | 22.7x | 1x |
| Sun, 28 Apr 2024 | CN¥5.7t | CN¥5.7t | CN¥238.5b | 25.5x | 23.8x | 1x |
| Tue, 26 Mar 2024 | CN¥5.6t | CN¥5.8t | CN¥220.9b | 27.1x | 25.3x | 1x |
| Thu, 22 Feb 2024 | CN¥5.2t | CN¥5.6t | CN¥209.1b | 24.8x | 24.7x | 0.9x |
| Sat, 20 Jan 2024 | CN¥5.4t | CN¥5.6t | CN¥207.8b | 29x | 25.9x | 1x |
| Mon, 18 Dec 2023 | CN¥5.7t | CN¥5.6t | CN¥206.2b | 30.8x | 27.5x | 1x |
| Wed, 15 Nov 2023 | CN¥5.8t | CN¥5.6t | CN¥206.0b | 32.4x | 27.9x | 1x |
| Fri, 13 Oct 2023 | CN¥5.7t | CN¥5.6t | CN¥197.9b | 33.3x | 29.1x | 1x |
| Sun, 10 Sep 2023 | CN¥5.7t | CN¥5.6t | CN¥196.6b | 31.7x | 29x | 1x |
| Tue, 08 Aug 2023 | CN¥6.1t | CN¥5.6t | CN¥177.8b | 33.7x | 34.1x | 1.1x |
| Thu, 06 Jul 2023 | CN¥6.0t | CN¥5.6t | CN¥165.1b | 33.9x | 36.1x | 1.1x |
| Sat, 03 Jun 2023 | CN¥5.6t | CN¥5.6t | CN¥165.5b | 32x | 33.7x | 1x |
| Mon, 01 May 2023 | CN¥5.7t | CN¥5.3t | CN¥168.3b | 31.3x | 34x | 1.1x |
| Wed, 29 Mar 2023 | CN¥5.9t | CN¥5.8t | CN¥156.9b | 33x | 37.9x | 1x |
| Fri, 24 Feb 2023 | CN¥6.3t | CN¥5.8t | CN¥153.8b | 35.2x | 41.1x | 1.1x |
| Sun, 22 Jan 2023 | CN¥6.2t | CN¥5.8t | CN¥154.7b | 32.8x | 40x | 1.1x |
| Tue, 20 Dec 2022 | CN¥5.9t | CN¥5.8t | CN¥154.3b | 31.2x | 38.4x | 1x |
| Thu, 17 Nov 2022 | CN¥5.8t | CN¥5.8t | CN¥152.5b | 33.4x | 38.3x | 1x |
| Sat, 15 Oct 2022 | CN¥5.7t | CN¥5.7t | CN¥152.0b | 32.6x | 37.2x | 1x |
| Mon, 12 Sep 2022 | CN¥6.1t | CN¥5.7t | CN¥151.7b | 35.1x | 40.4x | 1.1x |
| Wed, 10 Aug 2022 | CN¥6.2t | CN¥5.8t | CN¥172.1b | 36x | 36.1x | 1.1x |
| Fri, 08 Jul 2022 | CN¥6.4t | CN¥5.9t | CN¥173.2b | 35.4x | 37x | 1.1x |
| Sun, 05 Jun 2022 | CN¥6.0t | CN¥5.9t | CN¥174.1b | 33.1x | 34.2x | 1x |
| Tue, 03 May 2022 | CN¥5.4t | CN¥5.9t | CN¥169.0b | 28.8x | 31.8x | 0.9x |
| Thu, 31 Mar 2022 | CN¥5.8t | CN¥6.0t | CN¥228.3b | 28x | 25.6x | 1x |
Price to Earnings Ratio
25.6x
Current Industry PE
- Investors are pessimistic on the Chinese Consumer Discretionary 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 26.4x which is lower than its 3-year average PE of 30.1x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have grown 3.4% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary sector?
| CN Market | -2.08% | |
| Consumer Discretionary | -1.00% | |
| Consumer Durables | 0.88% | |
| Retail Distributors | 0.12% | |
| Online Retail and Ecommerce | 0% | 0 |
| Hospitality | -0.44% | |
| Auto Components | -1.24% | |
| Auto | -1.79% | |
| Luxury | -1.95% | |
| Consumer Services | -2.70% | |
| Specialty Stores | -2.95% | |
| Leisure | -3.46% | |
| General Merchandise and Department Stores | -5.22% | |
Industry PE
- Investors are most optimistic about the General Merchandise and Department Stores industry which is trading above its 3-year average PE ratio of 47.6x.
- Analysts are expecting annual earnings growth of 14.8%, which is higher than its past year's earnings decline of 5.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 77% over the next 5 years.
- This is better than its past earnings growth rate of 23% per year.
- In contrast, the Consumer Durables industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 000333 Midea Group | CN¥75.28 | 4.7% +CN¥25.7b | 20.2% | PE15.1x | |
| 300100 Ningbo Shuanglin Auto PartsLtd | CN¥65.70 | 28.8% +CN¥5.8b | 602.7% | PE74.7x | |
| 603529 AIMA Technology Group | CN¥45.99 | 8.2% +CN¥3.0b | 44.9% | PE21.1x | |
| 000651 Gree Electric Appliances of Zhuhai | CN¥43.74 | 1.3% +CN¥3.0b | 14.7% | PE7.8x | |
| 002406 Xuchang Yuandong Drive ShaftLtd | CN¥10.88 | 45.1% +CN¥2.5b | 62.1% | PE67.2x |
