Beijing Roborock Technology Co., Ltd.'s (SHSE:688169) 27% Dip In Price Shows Sentiment Is Matching Earnings
Jul 25
Chinese (SSE) Consumer Discretionary Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies590
- 7D-5.1%
- 3M-15.0%
- 1Y-19.3%
- YTD-13.3%
Over the last 7 days, the Consumer Discretionary industry has dropped 5.1%, driven by Ningbo Tuopu GroupLtd declining 12%. Overall the industry is down 19% in 12 months. Earnings are forecast to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥4.8t | CN¥5.8t | CN¥245.5b | 22.7x | 19.7x | 0.8x |
| Sun, 23 Jun 2024 | CN¥5.3t | CN¥5.8t | CN¥245.3b | 24.2x | 21.6x | 0.9x |
| Tue, 21 May 2024 | CN¥5.8t | CN¥5.8t | CN¥243.1b | 26.6x | 23.9x | 1x |
| Thu, 18 Apr 2024 | CN¥5.6t | CN¥5.6t | CN¥225.9b | 26x | 24.7x | 1x |
| Sat, 16 Mar 2024 | CN¥5.7t | CN¥5.8t | CN¥223.1b | 27.9x | 25.5x | 1x |
| Mon, 12 Feb 2024 | CN¥5.0t | CN¥5.6t | CN¥210.7b | 23.5x | 23.9x | 0.9x |
| Wed, 10 Jan 2024 | CN¥5.5t | CN¥5.6t | CN¥208.2b | 30.2x | 26.3x | 1x |
| Fri, 08 Dec 2023 | CN¥5.7t | CN¥5.6t | CN¥206.1b | 31.2x | 27.6x | 1x |
| Sun, 05 Nov 2023 | CN¥5.7t | CN¥5.6t | CN¥206.2b | 31.9x | 27.7x | 1x |
| Tue, 03 Oct 2023 | CN¥5.7t | CN¥5.6t | CN¥197.0b | 31.8x | 29x | 1x |
| Thu, 31 Aug 2023 | CN¥5.8t | CN¥5.7t | CN¥188.8b | 31.6x | 30.7x | 1x |
| Sat, 29 Jul 2023 | CN¥6.1t | CN¥5.6t | CN¥165.8b | 34.1x | 37x | 1.1x |
| Mon, 26 Jun 2023 | CN¥5.8t | CN¥5.6t | CN¥165.0b | 33.9x | 35x | 1x |
| Wed, 24 May 2023 | CN¥5.6t | CN¥5.6t | CN¥164.3b | 31.2x | 34.1x | 1x |
| Fri, 21 Apr 2023 | CN¥5.8t | CN¥5.7t | CN¥143.3b | 31.6x | 40.8x | 1x |
| Sun, 19 Mar 2023 | CN¥5.6t | CN¥5.6t | CN¥148.6b | 32.6x | 37.7x | 1x |
| Tue, 14 Feb 2023 | CN¥6.3t | CN¥5.8t | CN¥153.6b | 34.9x | 40.9x | 1.1x |
| Thu, 12 Jan 2023 | CN¥6.1t | CN¥5.8t | CN¥154.7b | 31.7x | 39.1x | 1x |
| Sat, 10 Dec 2022 | CN¥6.1t | CN¥5.8t | CN¥154.2b | 33.1x | 39.3x | 1.1x |
| Mon, 07 Nov 2022 | CN¥5.8t | CN¥5.8t | CN¥152.0b | 33.7x | 38x | 1x |
| Wed, 05 Oct 2022 | CN¥5.6t | CN¥5.7t | CN¥152.1b | 31.1x | 36.5x | 1x |
| Fri, 02 Sep 2022 | CN¥6.0t | CN¥5.7t | CN¥157.5b | 34x | 37.9x | 1x |
| Sun, 31 Jul 2022 | CN¥6.5t | CN¥5.9t | CN¥172.2b | 37x | 37.5x | 1.1x |
| Tue, 28 Jun 2022 | CN¥6.5t | CN¥5.9t | CN¥174.8b | 35.2x | 37.5x | 1.1x |
| Thu, 26 May 2022 | CN¥5.7t | CN¥5.9t | CN¥175.3b | 31.3x | 32.3x | 1x |
| Sat, 23 Apr 2022 | CN¥5.5t | CN¥6.0t | CN¥220.8b | 29x | 25x | 0.9x |
| Mon, 21 Mar 2022 | CN¥5.9t | CN¥6.0t | CN¥228.1b | 27.9x | 25.9x | 1x |
| Wed, 16 Feb 2022 | CN¥6.6t | CN¥5.9t | CN¥229.0b | 31.1x | 29x | 1.1x |
| Fri, 14 Jan 2022 | CN¥7.1t | CN¥5.9t | CN¥231.1b | 34.8x | 30.7x | 1.2x |
| Sun, 12 Dec 2021 | CN¥7.2t | CN¥5.9t | CN¥228.7b | 33.3x | 31.4x | 1.2x |
| Tue, 09 Nov 2021 | CN¥6.9t | CN¥5.9t | CN¥228.7b | 30.8x | 30.4x | 1.2x |
| Thu, 07 Oct 2021 | CN¥6.6t | CN¥5.9t | CN¥244.8b | 27.9x | 27.1x | 1.1x |
| Sat, 04 Sep 2021 | CN¥6.8t | CN¥5.8t | CN¥240.7b | 30.2x | 28.4x | 1.2x |
| Mon, 02 Aug 2021 | CN¥6.7t | CN¥5.8t | CN¥240.4b | 29.5x | 28.1x | 1.2x |
Price to Earnings Ratio
28.1x
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 19.7x which is lower than its 3-year average PE of 31.3x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.84x.
Past Earnings Growth
- Both revenue and earnings for companies in the Consumer Discretionary industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary sector?
| CN Market | -3.39% | |
| Consumer Discretionary | -5.09% | |
| Online Retail and Ecommerce | 0% | |
| Retail Distributors | -2.62% | |
| Consumer Services | -2.80% | |
| General Merchandise and Department Stores | -3.11% | |
| Leisure | -3.85% | |
| Luxury | -4.27% | |
| Hospitality | -4.55% | |
| Auto | -4.70% | |
| Specialty Stores | -4.75% | |
| Auto Components | -5.35% | |
| Consumer Durables | -5.92% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 49.3%, which is higher than its past year's earnings growth of 43.3% per year.
- Investors are most pessimistic about the Consumer Durables industry, which is trading below its 3-year average of 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Services industry, expecting annual earnings growth of 49% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Retail Distributors industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 600690 Haier Smart Home | CN¥27.39 | 1.4% +CN¥3.4b | 12.0% | PE14.6x | |
| 000651 Gree Electric Appliances of Zhuhai | CN¥39.83 | 1.5% +CN¥3.2b | 2.7% | PE7.4x | |
| 000550 Jiangling Motors Corporation | CN¥26.37 | 15.4% +CN¥3.0b | 36.6% | PE13.9x | |
| 600166 Beiqi Foton MotorLtd | CN¥2.70 | 11.6% +CN¥2.2b | -26.8% | PE24.6x | |
| 001696 Chongqing Zongshen Power MachineryLtd | CN¥11.15 | 16.8% +CN¥1.8b | 57.3% | PE34.4x |
