Chinese (SSE) Consumer Discretionary Sector Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies592
- 7D-2.2%
- 3M-8.4%
- 1Y-20.7%
- YTD-22.0%
Over the last 7 days, the Consumer Discretionary industry has dropped 2.2%, driven by a pullback from China Tourism Group Duty Free of 6.4%. Meanwhile, Ccoop Group actually outperformed within the industry, gaining 28% in the last week. Overall the industry is down 21% in 12 months. Earnings are forecast to grow by 34% 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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | CN¥5.6t | CN¥5.8t | CN¥152.8b | 32.1x | 36.9x | 1x |
| Tue, 25 Oct 2022 | CN¥5.5t | CN¥5.7t | CN¥153.6b | 31.3x | 35.7x | 1x |
| Thu, 22 Sep 2022 | CN¥5.9t | CN¥5.7t | CN¥151.5b | 33.7x | 38.7x | 1x |
| Sat, 20 Aug 2022 | CN¥6.2t | CN¥5.8t | CN¥172.5b | 36.7x | 36x | 1.1x |
| Mon, 18 Jul 2022 | CN¥6.2t | CN¥5.9t | CN¥173.1b | 34.8x | 35.8x | 1.1x |
| Wed, 15 Jun 2022 | CN¥6.1t | CN¥5.9t | CN¥174.0b | 33.7x | 34.9x | 1x |
| Fri, 13 May 2022 | CN¥5.5t | CN¥5.9t | CN¥171.3b | 30.6x | 32.2x | 0.9x |
| Sun, 10 Apr 2022 | CN¥5.7t | CN¥6.0t | CN¥220.7b | 28.1x | 25.7x | 0.9x |
| Tue, 08 Mar 2022 | CN¥6.2t | CN¥6.0t | CN¥230.8b | 29.7x | 26.8x | 1x |
| Thu, 03 Feb 2022 | CN¥6.6t | CN¥5.9t | CN¥228.5b | 30.8x | 29.1x | 1.1x |
| Sat, 01 Jan 2022 | CN¥7.2t | CN¥5.9t | CN¥230.2b | 33.8x | 31.2x | 1.2x |
| Mon, 29 Nov 2021 | CN¥7.1t | CN¥5.9t | CN¥229.1b | 33x | 30.8x | 1.2x |
| Wed, 27 Oct 2021 | CN¥6.9t | CN¥5.9t | CN¥244.4b | 28.2x | 28.3x | 1.2x |
| Fri, 24 Sep 2021 | CN¥6.7t | CN¥5.9t | CN¥244.3b | 29.3x | 27.4x | 1.1x |
| Sun, 22 Aug 2021 | CN¥6.8t | CN¥5.8t | CN¥240.7b | 29.6x | 28.1x | 1.2x |
| Fri, 09 Jul 2021 | CN¥7.3t | CN¥5.8t | CN¥240.2b | 29.8x | 30.4x | 1.3x |
| Thu, 01 Apr 2021 | CN¥6.9t | CN¥5.6t | CN¥225.0b | 28.5x | 30.5x | 1.2x |
| Sun, 03 Jan 2021 | CN¥6.8t | CN¥5.1t | CN¥171.7b | 36.5x | 39.7x | 1.3x |
| Wed, 07 Oct 2020 | CN¥5.9t | CN¥4.9t | CN¥147.0b | 34.3x | 40x | 1.2x |
| Tue, 30 Jun 2020 | CN¥5.1t | CN¥4.8t | CN¥138.3b | 33x | 36.8x | 1.1x |
| Fri, 03 Apr 2020 | CN¥4.3t | CN¥4.9t | CN¥149.3b | 31x | 29.1x | 0.9x |
| Mon, 06 Jan 2020 | CN¥4.8t | CN¥5.2t | CN¥181.4b | 28.6x | 26.5x | 0.9x |
Price to Earnings Ratio
22.9x
Current Industry PE
- Investors are optimistic on the Chinese Consumer Discretionary industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.9x which is higher than its 3-year average PE of 33.2x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.98x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have declined 7.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.5% 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.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary sector?
| CN Market | -1.52% | |
| Consumer Discretionary | -2.22% | |
| General Merchanise and Department Stores | 1.08% | |
| Retail Distributors | 0.31% | |
| Consumer Durables | -1.37% | |
| Auto | -1.45% | |
| Leisure | -1.52% | |
| Luxury | -2.02% | |
| Auto Components | -2.55% | |
| Specialty Stores | -4.48% | |
| Hospitality | -4.83% | |
| Consumer Services | -6.23% | |
| Online Retail and Ecommerce | -7.13% | |
Industry PE
- Investors are most optimistic about the Online Retail and Ecommerce industry which is trading above its 3-year average PE ratio of 8.8x.
- Analysts are expecting annual earnings growth of 36.1%, which is higher than its past year's earnings decline of 17.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings decline of 40% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings grow by 7.5% 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 | |
|---|---|---|---|---|---|
| 564 Ccoop Group | CN¥2.03 | 27.7% +CN¥8.4b | 46.5% | PS28x | |
| 600104 SAIC Motor | CN¥14.65 | 1.7% +CN¥2.8b | -27.3% | PE10x | |
| 600690 Haier Smart Home | CN¥24.20 | 0.7% +CN¥1.9b | -12.3% | PE15.2x | |
| 927 China Railway Materials | CN¥2.99 | 11.2% +CN¥1.8b | -23.9% | PE21.8x | |
| 603130 Zhejiang Yunzhongma | CN¥38.50 | 35.6% +CN¥1.4b | n/a | PE46.4x |