Chinese (SSE) Auto Industry Analysis
- 7D-1.7%
- 3M-2.4%
- 1Y-1.4%
- YTD3.1%
Over the last 7 days, the Auto industry has risen 1.2%, driven by gains from Chongqing Sokon Industry Group StockLtd of 6.9%. Despite this gain, the industry's performance has been flat over the past year.
Industry Valuation and Performance
Has the Chinese Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 30 Nov 2021 | CN¥858.3b | CN¥1.3t | CN¥30.1b | 31.3x |
| Thu, 28 Oct 2021 | CN¥864.7b | CN¥1.4t | CN¥31.5b | 21.3x |
| Sat, 25 Sep 2021 | CN¥849.0b | CN¥1.4t | CN¥31.1b | 23.8x |
| Mon, 23 Aug 2021 | CN¥859.0b | CN¥1.4t | CN¥31.1b | 30.8x |
| Sat, 10 Jul 2021 | CN¥887.9b | CN¥1.4t | CN¥31.1b | 30.7x |
| Fri, 02 Apr 2021 | CN¥654.2b | CN¥1.3t | CN¥29.7b | 30.7x |
| Mon, 04 Jan 2021 | CN¥774.6b | CN¥1.2t | CN¥21.1b | 54.8x |
| Thu, 08 Oct 2020 | CN¥492.4b | CN¥1.2t | CN¥16.5b | 34.4x |
| Wed, 01 Jul 2020 | CN¥432.6b | CN¥1.1t | CN¥13.5b | 27.8x |
| Sat, 04 Apr 2020 | CN¥415.3b | CN¥1.1t | CN¥15.7b | 42.2x |
| Tue, 07 Jan 2020 | CN¥465.3b | CN¥1.3t | CN¥11.3b | 51x |
| Mon, 30 Sep 2019 | CN¥454.4b | CN¥1.2t | CN¥22.2b | 19.2x |
| Thu, 04 Jul 2019 | CN¥491.1b | CN¥1.2t | CN¥25.0b | 37.7x |
| Sun, 07 Apr 2019 | CN¥511.8b | CN¥1.2t | CN¥29.8b | 23.3x |
| Wed, 09 Jan 2019 | CN¥485.1b | CN¥1.2t | CN¥34.4b | 41.9x |
18.8x
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 35.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Auto industry have declined 11% per year over the last three years, while revenues have remained mostly flat. This means that although sales have remained flat, 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 Auto industry?
| Motorcycle Manufacturers | 0.61% | |
| Automobile Manufacturers | -2.03% | |
Industry PE: Investors are most optimistic about the Motorcycle Manufacturers industry which is trading above its 3-year average PE ratio of 54.7x. This is likely because analysts are expecting annual earnings growth of 53%, which is higher than its past year's earnings growth of 14% per year. Meanwhile, investors are most pessimistic about the Automobile Manufacturers industry, which is trading below its 3-year average of 30.1x.
Forecasted Growth: Analysts are most optimistic on the Motorcycle Manufacturers industry, expecting annual earnings growth of 53% over the next 5 years. This is better than it's past earnings growth rate of 14% per year. Meanwhile, the Automobile Manufacturers industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|
| 601127 Chongqing Sokon Industry Group StockLtd | 5.1%+CN¥4.6b | 233.2% | PS5.7x | |
| 572 Haima AutomobileLtd | 12.9%+CN¥1.2b | 126.6% | PS6.7x | |
| 600877 CETC Acoustic-Optic-Electronic Technology | 5.2%+CN¥748.2m | 209.8% | PE199.9x | |
| 601965 China Automotive Engineering Research Institute | 3.2%+CN¥633.1m | 19.6% | PE28.9x | |
| 603766 Loncin Motor | 3.2%+CN¥349.1m | 37.1% | PE16.3x |