Chinese (SSE) Auto Industry Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies24
- 7D-1.4%
- 3M-13.3%
- 1Y-24.1%
- YTD-19.6%
Over the last 7 days, the Auto industry has dropped 1.4%, driven by Seres GroupLtd declining 6.7%. The industry has fallen 24% in the last year. As for the next few years, earnings are expected to grow by 34% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | CN¥684.1b | CN¥1.2t | CN¥14.3b | 26.7x | 48x | 0.6x |
| Tue, 25 Oct 2022 | CN¥693.0b | CN¥1.2t | CN¥16.3b | 35.8x | 42.5x | 0.6x |
| Thu, 22 Sep 2022 | CN¥760.7b | CN¥1.2t | CN¥16.6b | 39.7x | 45.8x | 0.6x |
| Sat, 20 Aug 2022 | CN¥816.4b | CN¥1.3t | CN¥25.2b | 42.2x | 32.4x | 0.6x |
| Mon, 18 Jul 2022 | CN¥816.9b | CN¥1.3t | CN¥25.0b | 40.7x | 32.7x | 0.6x |
| Wed, 15 Jun 2022 | CN¥813.2b | CN¥1.3t | CN¥25.0b | 39x | 32.5x | 0.6x |
| Fri, 13 May 2022 | CN¥606.9b | CN¥1.3t | CN¥25.1b | 24.5x | 24.2x | 0.5x |
| Sun, 10 Apr 2022 | CN¥631.8b | CN¥1.3t | CN¥31.5b | 24.2x | 20.1x | 0.5x |
| Tue, 08 Mar 2022 | CN¥689.3b | CN¥1.3t | CN¥30.4b | 22.5x | 22.7x | 0.5x |
| Thu, 03 Feb 2022 | CN¥720.3b | CN¥1.3t | CN¥30.4b | 23.5x | 23.7x | 0.5x |
| Sat, 01 Jan 2022 | CN¥825.8b | CN¥1.3t | CN¥30.1b | 28.6x | 27.4x | 0.6x |
| Mon, 29 Nov 2021 | CN¥858.3b | CN¥1.3t | CN¥30.1b | 31.3x | 28.5x | 0.6x |
| Wed, 27 Oct 2021 | CN¥872.4b | CN¥1.4t | CN¥31.2b | 23.3x | 28x | 0.6x |
| Fri, 24 Sep 2021 | CN¥859.9b | CN¥1.4t | CN¥31.1b | 23.4x | 27.6x | 0.6x |
| Sun, 22 Aug 2021 | CN¥837.6b | CN¥1.4t | CN¥31.1b | 29.6x | 26.9x | 0.6x |
| Fri, 09 Jul 2021 | CN¥887.9b | CN¥1.4t | CN¥31.1b | 30.7x | 28.5x | 0.7x |
| Thu, 01 Apr 2021 | CN¥654.2b | CN¥1.3t | CN¥29.7b | 30.7x | 22x | 0.5x |
| Sun, 03 Jan 2021 | CN¥774.6b | CN¥1.2t | CN¥21.1b | 54.8x | 36.8x | 0.6x |
| Wed, 07 Oct 2020 | CN¥492.4b | CN¥1.2t | CN¥16.5b | 34.4x | 29.8x | 0.4x |
| Tue, 30 Jun 2020 | CN¥432.6b | CN¥1.1t | CN¥13.5b | 27.8x | 32.1x | 0.4x |
| Fri, 03 Apr 2020 | CN¥415.3b | CN¥1.1t | CN¥15.7b | 42.2x | 26.5x | 0.4x |
| Mon, 06 Jan 2020 | CN¥465.3b | CN¥1.3t | CN¥11.3b | 51x | 41x | 0.4x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Chinese Auto industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 48.0x which is higher than its 3-year average PE of 31.4x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Auto industry have declined 14% per year over the last three years.
- Meanwhile 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 Consumer Discretionary industry?
| CN Market | -1.52% | |
| Consumer Discretionary | -2.22% | |
| Auto | -1.45% | |
| Automobile Manufacturers | -1.28% | |
| Motorcycle Manufacturers | -2.41% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry which is trading above its 3-year average PE ratio of 30.5x.
- Analysts are expecting annual earnings growth of 33.6%, which is higher than its past year's earnings decline of 9.7% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 48.9x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 9.7% per year.
- In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 33% 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¥14.65 | 1.7% +CN¥2.8b | -27.3% | PE10x | |
| 927 China Railway Materials | CN¥2.99 | 11.2% +CN¥1.8b | -23.9% | PE21.8x | |
| 600099 LinhaiLtd | CN¥10.15 | 14.9% +CN¥289.2m | 38.7% | PE191.1x | |
| 300825 IAT Automobile Technology | CN¥12.42 | 2.8% +CN¥167.0m | -45.8% | PE38.7x | |
| 600418 Anhui Jianghuai Automobile GroupLtd | CN¥13.66 | 0.4% +CN¥131.0m | -19.3% | PS0.8x |