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Dec 22
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Chinese (SSE) Consumer Discretionary Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies586
- 7D-2.4%
- 3M31.2%
- 1Y17.4%
- YTD16.1%
Over the last 7 days, the Consumer Discretionary industry has dropped 2.4%, driven by declines in Ccoop Group and Jianshe Industry Group (Yunnan) of 11% and 26%, respectively. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 21% per annum.
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, 22 Dec 2024 | CN¥6.5t | CN¥5.6t | CN¥251.1b | 30.7x | 25.9x | 1.2x |
| Tue, 19 Nov 2024 | CN¥6.1t | CN¥5.6t | CN¥251.0b | 28.1x | 24.4x | 1.1x |
| Thu, 17 Oct 2024 | CN¥5.7t | CN¥5.7t | CN¥254.7b | 25.5x | 22.4x | 1x |
| Sat, 14 Sep 2024 | CN¥4.8t | CN¥5.7t | CN¥254.2b | 21.5x | 18.9x | 0.8x |
| Mon, 12 Aug 2024 | CN¥4.9t | CN¥5.8t | CN¥246.2b | 22.7x | 20x | 0.8x |
| Wed, 10 Jul 2024 | CN¥5.0t | CN¥5.8t | CN¥245.9b | 23.4x | 20.5x | 0.9x |
| Fri, 07 Jun 2024 | CN¥5.4t | CN¥5.8t | CN¥245.3b | 23.8x | 22x | 0.9x |
| Sun, 05 May 2024 | CN¥5.8t | CN¥5.8t | CN¥241.7b | 26.6x | 23.9x | 1x |
| Tue, 02 Apr 2024 | CN¥5.8t | CN¥5.8t | CN¥224.6b | 28.3x | 25.7x | 1x |
| Thu, 29 Feb 2024 | CN¥5.3t | CN¥5.6t | CN¥209.3b | 25.1x | 25.2x | 0.9x |
| Sat, 27 Jan 2024 | CN¥5.3t | CN¥5.6t | CN¥208.0b | 28x | 25.6x | 0.9x |
| Mon, 25 Dec 2023 | CN¥5.5t | CN¥5.6t | CN¥206.2b | 30.1x | 26.8x | 1x |
| Wed, 22 Nov 2023 | CN¥5.9t | CN¥5.6t | CN¥206.1b | 33.4x | 28.5x | 1x |
| Fri, 20 Oct 2023 | CN¥5.6t | CN¥5.6t | CN¥197.8b | 31.4x | 28.1x | 1x |
| Sun, 17 Sep 2023 | CN¥5.7t | CN¥5.6t | CN¥196.9b | 31.8x | 28.8x | 1x |
| Tue, 15 Aug 2023 | CN¥5.8t | CN¥5.6t | CN¥178.0b | 32.8x | 32.7x | 1x |
| Thu, 13 Jul 2023 | CN¥6.0t | CN¥5.6t | CN¥165.4b | 34.4x | 36.4x | 1.1x |
| Sat, 10 Jun 2023 | CN¥5.6t | CN¥5.6t | CN¥165.5b | 30.9x | 33.7x | 1x |
| Mon, 08 May 2023 | CN¥5.6t | CN¥5.6t | CN¥166.3b | 30.9x | 33.8x | 1x |
| Wed, 05 Apr 2023 | CN¥5.9t | CN¥5.7t | CN¥142.7b | 31.8x | 41.3x | 1x |
| Fri, 03 Mar 2023 | CN¥6.3t | CN¥5.8t | CN¥153.9b | 35.9x | 40.8x | 1.1x |
| Sun, 29 Jan 2023 | CN¥6.2t | CN¥5.8t | CN¥154.7b | 32.8x | 40x | 1.1x |
| Tue, 27 Dec 2022 | CN¥5.8t | CN¥5.8t | CN¥154.3b | 31x | 37.6x | 1x |
| Thu, 24 Nov 2022 | CN¥5.7t | CN¥5.8t | CN¥152.9b | 31.6x | 37x | 1x |
| Sat, 22 Oct 2022 | CN¥5.5t | CN¥5.7t | CN¥153.6b | 31.3x | 35.7x | 1x |
| Mon, 19 Sep 2022 | CN¥5.9t | CN¥5.7t | CN¥151.5b | 33.1x | 38.7x | 1x |
| Wed, 17 Aug 2022 | CN¥6.3t | CN¥5.8t | CN¥171.9b | 36.8x | 36.5x | 1.1x |
| Fri, 15 Jul 2022 | CN¥6.2t | CN¥5.9t | CN¥173.2b | 34.9x | 36.1x | 1.1x |
| Sun, 12 Jun 2022 | CN¥6.0t | CN¥5.9t | CN¥174.1b | 32.9x | 34.3x | 1x |
| Tue, 10 May 2022 | CN¥5.4t | CN¥5.9t | CN¥171.5b | 29.9x | 31.3x | 0.9x |
| Thu, 07 Apr 2022 | CN¥5.8t | CN¥6.0t | CN¥220.0b | 29.7x | 26.4x | 1x |
| Sat, 05 Mar 2022 | CN¥6.4t | CN¥6.0t | CN¥230.4b | 30.3x | 27.7x | 1.1x |
| Mon, 31 Jan 2022 | CN¥6.6t | CN¥5.9t | CN¥230.0b | 30.7x | 28.9x | 1.1x |
| Wed, 29 Dec 2021 | CN¥7.2t | CN¥5.9t | CN¥230.2b | 32.8x | 31.1x | 1.2x |
Price to Earnings Ratio
31.1x
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 25.9x which is lower than its 3-year average PE of 30.4x.
- 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 2.9% 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 | -1.18% | |
| Consumer Discretionary | -2.39% | |
| Online Retail and Ecommerce | 0% | |
| Consumer Durables | -1.11% | |
| Auto Components | -1.85% | |
| Auto | -2.24% | |
| Consumer Services | -2.34% | |
| Luxury | -3.00% | |
| Retail Distributors | -3.18% | |
| Specialty Stores | -3.25% | |
| General Merchandise and Department Stores | -5.43% | |
| Leisure | -5.78% | |
| Hospitality | -7.30% | |
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 44.9x.
- Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings decline of 6.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings growth rate of 23% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 600660 Fuyao Glass Industry Group | CN¥59.51 | 2.9% +CN¥4.4b | 58.7% | PE22.2x | |
| 002277 Hunan Friendship&Apollo CommercialLtd | CN¥7.21 | 61.3% +CN¥3.8b | 75.9% | PE132.7x | |
| 603786 KEBODA TECHNOLOGY | CN¥66.02 | 14.6% +CN¥3.4b | -4.9% | PE34.8x | |
| 600679 Shanghai Phoenix Enterprise (Group) | CN¥18.80 | 31.8% +CN¥2.3b | 75.0% | PE155x | |
| 000651 Gree Electric Appliances of Zhuhai | CN¥43.26 | 0.6% +CN¥1.4b | 35.0% | PE7.7x |
