Chinese (SSE) Consumer Discretionary Sector Analysis
- 7D-0.5%
- 3M1.5%
- 1Y-4.7%
- YTD-5.6%
Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Haier Smart Home gained 4.2%. As for the longer term, the industry has declined 4.7% in the last year.
Sector Valuation and Performance
Has the Chinese Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | CN¥7.1t | CN¥5.9t | CN¥228.9b | 33.6x |
| Mon, 01 Nov 2021 | CN¥6.9t | CN¥5.9t | CN¥233.6b | 28.8x |
| Wed, 29 Sep 2021 | CN¥6.7t | CN¥5.9t | CN¥244.6b | 28.4x |
| Fri, 27 Aug 2021 | CN¥6.8t | CN¥5.8t | CN¥240.7b | 30.5x |
| Sat, 03 Jul 2021 | CN¥7.3t | CN¥5.8t | CN¥240.2b | 29.8x |
| Tue, 06 Apr 2021 | CN¥6.9t | CN¥5.6t | CN¥225.0b | 28.5x |
| Fri, 08 Jan 2021 | CN¥6.8t | CN¥5.1t | CN¥171.7b | 36.5x |
| Thu, 01 Oct 2020 | CN¥5.9t | CN¥4.9t | CN¥147.0b | 34.3x |
| Sun, 05 Jul 2020 | CN¥5.1t | CN¥4.8t | CN¥138.3b | 33x |
| Wed, 08 Apr 2020 | CN¥4.3t | CN¥4.9t | CN¥149.3b | 31x |
| Tue, 31 Dec 2019 | CN¥4.8t | CN¥5.2t | CN¥181.4b | 28.6x |
| Fri, 04 Oct 2019 | CN¥4.3t | CN¥5.0t | CN¥189.1b | 24.7x |
| Mon, 08 Jul 2019 | CN¥4.4t | CN¥5.0t | CN¥182.8b | 26.4x |
| Sun, 31 Mar 2019 | CN¥4.7t | CN¥5.0t | CN¥192.0b | 30.4x |
| Wed, 02 Jan 2019 | CN¥3.7t | CN¥5.0t | CN¥201.3b | 24.5x |
24.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 30.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Discretionary industry have grown 4.4% per year over the last three years, and revenues for these companies have grown 5.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary sector?
| Auto Components | 2.33% | |
| Auto | 0.45% | |
| Retail Distributors | -0.65% | |
| Luxury | -1.09% | |
| Consumer Durables | -1.30% | |
| General Merchanise and Department Stores | -1.34% | |
| Consumer Services | -1.94% | |
| Hospitality | -2.59% | |
| Leisure | -2.65% | |
| Online Retail and Ecommerce | -3.36% | |
| Specialty Stores | -3.52% | |
Industry PE: Investors are most optimistic about the Hospitality industry which is trading above its 3-year average PE ratio of 39.4x. This is likely because analysts are expecting annual earnings growth of 52%, which is higher than its past year's earnings growth of 36% per year. Meanwhile, investors are most pessimistic about the Luxury industry, which is trading below its 3-year average of 27.0x.
Forecasted Growth: Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 83% over the next 5 years. This is better than it's past earnings growth rate of 68% per year. Meanwhile, the Retail Distributors industry is expected to see its earnings grow by 8.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 600690 Haier Smart Home | 4.2%+CN¥10.8b | 5.6% | PE21.4x | |
| 300390 Suzhou TA&A Ultra Clean TechnologyLTD | 15.2%+CN¥8.7b | 554.8% | PE108.5x | |
| 601127 Chongqing Sokon Industry Group StockLtd | 9.5%+CN¥8.6b | 290.4% | PS6x | |
| 2920 Huizhou Desay SV Automotive | 9.3%+CN¥6.6b | 92.1% | PE112.3x | |
| 600418 Anhui Jianghuai Automobile GroupLtd | 13.0%+CN¥4.2b | 81.6% | PE122.7x |