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Chinese (SSE) Auto Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies23
  • 7D-1.0%
  • 3M-13.0%
  • 1Y-6.9%
  • YTD-7.4%

Over the last 7 days, the Auto industry has remained flat, although notably BAIC BluePark New Energy TechnologyLtd gained 6.5%. As for the longer term, the industry has declined 3.8% in the last year. Looking forward, earnings are forecast to grow by 33% annually.

Industry Valuation and Performance

Has the Chinese Auto Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024CN¥616.2bCN¥1.1tCN¥20.5b19.5x30.1x0.5x
Fri, 19 Jan 2024CN¥616.0bCN¥1.1tCN¥20.5b24x30.1x0.5x
Sun, 17 Dec 2023CN¥728.3bCN¥1.1tCN¥20.4b23.3x35.7x0.6x
Tue, 14 Nov 2023CN¥721.8bCN¥1.1tCN¥20.4b23.3x35.4x0.6x
Thu, 12 Oct 2023CN¥667.7bCN¥1.2tCN¥21.2b23.8x31.5x0.6x
Sat, 09 Sep 2023CN¥616.6bCN¥1.1tCN¥21.1b23.5x29.2x0.5x
Mon, 07 Aug 2023CN¥683.1bCN¥1.1tCN¥18.1b25.6x37.7x0.6x
Wed, 05 Jul 2023CN¥648.4bCN¥1.1tCN¥17.7b25.2x36.7x0.6x
Fri, 02 Jun 2023CN¥571.7bCN¥1.1tCN¥17.8b24.1x32.1x0.5x
Sun, 30 Apr 2023CN¥605.8bCN¥1.1tCN¥18.7b24.9x32.3x0.5x
Tue, 28 Mar 2023CN¥680.0bCN¥1.2tCN¥15.5b29.2x43.9x0.6x
Thu, 23 Feb 2023CN¥734.0bCN¥1.2tCN¥14.6b33.7x50.2x0.6x
Sat, 21 Jan 2023CN¥711.1bCN¥1.2tCN¥14.7b30.7x48.2x0.6x
Mon, 19 Dec 2022CN¥707.2bCN¥1.2tCN¥14.4b27x49x0.6x
Wed, 16 Nov 2022CN¥719.3bCN¥1.2tCN¥14.4b29.5x50x0.6x
Fri, 14 Oct 2022CN¥699.4bCN¥1.2tCN¥16.4b35.5x42.6x0.6x
Sun, 11 Sep 2022CN¥779.1bCN¥1.2tCN¥16.7b42.8x46.6x0.7x
Tue, 09 Aug 2022CN¥834.9bCN¥1.3tCN¥24.9b41.3x33.6x0.7x
Thu, 07 Jul 2022CN¥833.7bCN¥1.3tCN¥25.0b35.4x33.3x0.7x
Sat, 04 Jun 2022CN¥755.8bCN¥1.3tCN¥25.1b32.7x30.1x0.6x
Mon, 02 May 2022CN¥593.8bCN¥1.3tCN¥34.4b28.1x17.3x0.4x
Wed, 30 Mar 2022CN¥633.7bCN¥1.3tCN¥31.3b21x20.2x0.5x
Fri, 25 Feb 2022CN¥710.8bCN¥1.3tCN¥30.4b23.7x23.4x0.5x
Sun, 23 Jan 2022CN¥759.3bCN¥1.3tCN¥30.2b28.1x25.2x0.6x
Tue, 21 Dec 2021CN¥843.2bCN¥1.3tCN¥30.1b27.7x28x0.6x
Thu, 18 Nov 2021CN¥851.5bCN¥1.3tCN¥30.1b28x28.3x0.6x
Sat, 16 Oct 2021CN¥855.3bCN¥1.4tCN¥31.1b24.8x27.5x0.6x
Mon, 13 Sep 2021CN¥909.3bCN¥1.4tCN¥31.1b28.3x29.2x0.7x
Wed, 11 Aug 2021CN¥855.7bCN¥1.4tCN¥31.1b32.4x27.5x0.6x
Sun, 06 Jun 2021CN¥820.5bCN¥1.3tCN¥29.7b32.8x27.6x0.6x
Wed, 10 Mar 2021CN¥691.1bCN¥1.2tCN¥21.1b45.6x32.8x0.6x
Price to Earnings Ratio

32.8x


Total Market Cap: CN¥691.1bTotal Earnings: CN¥21.1bTotal Revenue: CN¥1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Auto Industry Price to Earnings3Y Average 33x202220232024
Current Industry PE
  • Investors are relatively neutral on the Chinese Auto industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Auto 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 industry?

CN Market1.80%
Consumer Discretionary1.57%
Auto-1.03%
Automobile Manufacturers-0.87%
Motorcycle Manufacturers-2.23%
Industry PE
  • Investors are most optimistic about the Automobile Manufacturers industry, which is trading close to its 3-year average PE ratio of 33.5x.
    • Analysts are expecting annual earnings growth of 33.2%, which is higher than its past year's earnings decline of 1.3% per year.
  • Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 40.2x.
Forecasted Growth
  • Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings decline of 1.3% per year.
  • In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600733 BAIC BluePark New Energy TechnologyLtdCN¥4.6511.5%
+CN¥2.7b
-28.2%PS2x
625 Chongqing Changan AutomobileCN¥13.781.5%
+CN¥2.0b
0.7%PE12.7x
600104 SAIC MotorCN¥14.731.0%
+CN¥1.7b
-2.6%PE11.3x
980 Zotye AutomobileCN¥2.3112.1%
+CN¥1.3b
-45.3%PS14x
572 Haima AutomobileLtdCN¥3.7218.5%
+CN¥953.9m
-36.4%PS2.4x
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Latest News

603529

CN¥29.63

AIMA Technology Group

7D

-0.2%

1Y

-27.2%

625

CN¥13.78

Chongqing Changan Automobile

7D

1.5%

1Y

0.7%

600166

CN¥2.65

Beiqi Foton MotorLtd

7D

-1.9%

1Y

-29.0%

300825

CN¥10.20

IAT Automobile Technology

7D

11.0%

1Y

-27.6%

689009

CN¥27.20

Ninebot

7D

-6.7%

1Y

-20.0%

572

CN¥3.72

Haima AutomobileLtd

7D

18.5%

1Y

-36.4%

603766

CN¥4.75

Loncin Motor

7D

3.9%

1Y

-13.0%

301345

CN¥52.31

Zhejiang Taotao Vehicles

7D

-2.2%

1Y

n/a

600006

CN¥5.92

DongFeng Automobile

7D

6.5%

1Y

-3.6%

980

CN¥2.31

Zotye Automobile

7D

12.1%

1Y

-45.3%

600104

CN¥14.73

SAIC Motor

7D

1.0%

1Y

-2.6%

550

CN¥23.06

Jiangling Motors Corporation

7D

-0.9%

1Y

47.1%

600733

CN¥4.65

BAIC BluePark New Energy TechnologyLtd

7D

11.5%

1Y

-28.2%

601127

CN¥70.45

Seres GroupLtd

7D

-1.7%

1Y

86.9%