Chinese (SSE) Auto Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 23 Jul 2026	CN¥615.2b	CN¥1.4t	CN¥13.1b	16.7x	47.1x	0.4x
Sat, 20 Jun 2026	CN¥674.3b	CN¥1.4t	CN¥13.1b	17.4x	51.5x	0.5x
Mon, 18 May 2026	CN¥843.0b	CN¥1.4t	CN¥13.1b	19.9x	64.3x	0.6x
Wed, 15 Apr 2026	CN¥888.7b	CN¥1.4t	CN¥13.6b	25.4x	65.2x	0.7x
Fri, 13 Mar 2026	CN¥942.8b	CN¥1.3t	CN¥13.2b	28.5x	71.3x	0.7x
Sun, 08 Feb 2026	CN¥976.9b	CN¥1.3t	CN¥13.4b	30.2x	73.1x	0.7x
Tue, 06 Jan 2026	CN¥1.0t	CN¥1.3t	CN¥13.2b	30.5x	76.4x	0.8x
Thu, 04 Dec 2025	CN¥1.0t	CN¥1.3t	CN¥13.2b	30x	76.1x	0.7x
Sat, 01 Nov 2025	CN¥1.1t	CN¥1.3t	CN¥13.3b	33.2x	81.6x	0.8x
Mon, 29 Sep 2025	CN¥1.0t	CN¥1.2t	CN¥14.7b	37.1x	68x	0.8x
Wed, 27 Aug 2025	CN¥1.0t	CN¥1.2t	CN¥15.1b	35.8x	67x	0.9x
Fri, 25 Jul 2025	CN¥930.8b	CN¥1.2t	CN¥15.2b	31.4x	61.3x	0.8x
Sun, 22 Jun 2025	CN¥870.9b	CN¥1.2t	CN¥15.2b	30.1x	57.4x	0.7x
Tue, 20 May 2025	CN¥896.0b	CN¥1.2t	CN¥14.2b	31x	63.2x	0.8x
Thu, 17 Apr 2025	CN¥858.7b	CN¥1.2t	CN¥21.8b	26.7x	39.4x	0.7x
Sat, 15 Mar 2025	CN¥872.9b	CN¥1.2t	CN¥19.1b	34.5x	45.7x	0.7x
Mon, 10 Feb 2025	CN¥908.4b	CN¥1.2t	CN¥19.2b	30.7x	47.3x	0.8x
Wed, 08 Jan 2025	CN¥875.4b	CN¥1.2t	CN¥19.3b	31.1x	45.3x	0.7x
Fri, 06 Dec 2024	CN¥906.7b	CN¥1.2t	CN¥19.3b	27.3x	47x	0.8x
Sun, 03 Nov 2024	CN¥790.7b	CN¥1.2t	CN¥19.3b	27.5x	41x	0.7x
Tue, 01 Oct 2024	CN¥757.4b	CN¥1.2t	CN¥21.5b	24.2x	35.2x	0.6x
Thu, 29 Aug 2024	CN¥614.0b	CN¥1.2t	CN¥20.8b	22.3x	29.5x	0.5x
Sat, 27 Jul 2024	CN¥693.8b	CN¥1.2t	CN¥19.0b	22.2x	36.4x	0.6x
Mon, 24 Jun 2024	CN¥707.0b	CN¥1.2t	CN¥19.1b	23.6x	36.9x	0.6x
Wed, 22 May 2024	CN¥710.1b	CN¥1.2t	CN¥19.1b	24.8x	37.1x	0.6x
Fri, 19 Apr 2024	CN¥734.2b	CN¥1.2t	CN¥20.5b	23.8x	35.8x	0.6x
Sun, 17 Mar 2024	CN¥747.3b	CN¥1.1t	CN¥20.5b	22.2x	36.5x	0.7x
Tue, 13 Feb 2024	CN¥622.4b	CN¥1.1t	CN¥20.5b	19.6x	30.4x	0.5x
Thu, 11 Jan 2024	CN¥625.2b	CN¥1.1t	CN¥20.4b	23.7x	30.7x	0.5x
Sat, 09 Dec 2023	CN¥729.3b	CN¥1.1t	CN¥20.4b	24x	35.8x	0.6x
Mon, 06 Nov 2023	CN¥726.7b	CN¥1.1t	CN¥21.2b	23.4x	34.4x	0.6x
Wed, 04 Oct 2023	CN¥644.8b	CN¥1.2t	CN¥21.2b	23.9x	30.4x	0.6x
Fri, 01 Sep 2023	CN¥602.5b	CN¥1.2t	CN¥21.1b	23.9x	28.6x	0.5x
Sun, 30 Jul 2023	CN¥668.0b	CN¥1.1t	CN¥17.7b	26.2x	37.7x	0.6x

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 49.4x.

The industry is trading close to its 3-year average PS ratio of 0.67x.

Past Earnings Growth

The earnings for companies in the Auto industry have declined 9.6% per year over the last three years.
Meanwhile revenues for these companies have grown 8.1% per year.
This means that although more sales are being generated, 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 Consumer Discretionary industry?


CN Market	-4.69%
Consumer Discretionary	-3.92%
Auto	-1.38%
Automobile Manufacturers	-1.25%
Motorcycle Manufacturers	-1.97%

Industry PE

Investors are most optimistic about the Automobile Manufacturers industry which is trading above its 3-year average PE ratio of 69.6x.

Analysts are expecting annual earnings growth of 30.6%, which is higher than its past year's earnings growth of 4.1% per year.

Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 20.7x.

Forecasted Growth

Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 31% over the next 5 years.
This is better than its past earnings growth rate of 4.1% per year.

In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 23% 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
600104 SAIC Motor	CN¥10.53	1.8% +CN¥2.2b	-40.8%	PE11.9x
603766 Loncin Motor	CN¥13.12	3.3% +CN¥862.5m	4.5%	PE16.7x
601965 China Automotive Engineering Research Institute	CN¥13.31	5.3% +CN¥672.0m	-31.8%	PE12.7x
000625 Chongqing Changan Automobile	CN¥7.21	0.8% +CN¥594.8m	-43.0%	PE23.3x
601238 Guangzhou Automobile Group	CN¥5.12	0.8% +CN¥407.3m	-33.8%	PS0.5x

Company

Last Price

Valuation

600104 SAIC Motor

CN¥10.53

1.8%
+CN¥2.2b

-40.8%

PE11.9x

603766 Loncin Motor

CN¥13.12

3.3%
+CN¥862.5m

4.5%

PE16.7x

601965 China Automotive Engineering Research Institute

CN¥13.31

5.3%
+CN¥672.0m

-31.8%

PE12.7x

000625 Chongqing Changan Automobile

CN¥7.21

0.8%
+CN¥594.8m

-43.0%

PE23.3x

601238 Guangzhou Automobile Group

CN¥5.12

0.8%
+CN¥407.3m

-33.8%

PS0.5x

Guangzhou Automobile Group Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Ended 30 June 2026

Guangzhou Automobile Group Co., Ltd. provided consolidated earnings guidance for the first half ended 30 June 2026. For the period, the Group expects to record a net loss attributable to shareholders of the parent company in the range of RMB 4,060 million to RMB 4,570 million. It is expected the company will realise a net loss attributable to the shareholders of the parent company after deduction of non-recurring gains and losses for the First Half of 2026 of RMB 4,800 million to RMB 5,600 million. During the current period, competition in the domestic automobile market continued to intensify. The Company actively expanded its market presence, achieving significant growth in sales volume in its overseas market. In the first half of the year, the total sales volume has slightly increased, and the gross margin slightly improved compared to the same period last year. However, due to the combined impact of multiple adverse factors, the loss of the Company has increased compared to the same period last year. The main reasons are as follows: Firstly, competition in the domestic market has intensified. The Company has continued to increase its sales expenditure on its self-developed brands. Coupled with changes in the product sales structure and rising upstream raw material costs, this has led to an increase in loss from the self- developed brands compared with the same period last year; Secondly, the joint-venture brands have come under pressure. Affected by factors such as a decline in retail sales, continued increase in sales expenditure and rising raw material costs, the Company's investment income has decreased compared with the same period last year; Thirdly, due to exchange rate fluctuations, foreign exchange losses were incurred during the current period, further reducing profit margins.

Chinese (SSE) Auto Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Price target decreased by 14% to CN¥8.83

Price target decreased by 17% to CN¥7.44

Price target decreased by 7.6% to CN¥15.29

Consensus revenue estimates fall by 10%

Guangzhou Automobile Group Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Ended 30 June 2026

Investor sentiment improves as stock rises 17%

Dividend of CN¥0.24 announced

Zotye Automobile Co., Ltd Approves Dismissal of Board Members

Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. to Report First Half, 2026 Results on Aug 26, 2026

Investor sentiment improves as stock rises 16%

Anhui Jianghuai Automobile Group Corp.,Ltd. to Report First Half, 2026 Results on Aug 20, 2026

AIMA Technology Group CO., LTD to Report First Half, 2026 Results on Aug 25, 2026

Chongqing Afari Technology Co., Ltd. to Report First Half, 2026 Results on Aug 25, 2026

Loncin Motor Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026

Beiqi Foton Motor Co.,Ltd. to Report First Half, 2026 Results on Aug 29, 2026

New minor risk - Share price stability