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Chinese (SSE) Auto Components Industry Analysis

UpdatedMar 25, 2024
DataAggregated Company Financials
Companies195
  • 7D-0.5%
  • 3M-3.9%
  • 1Y0.3%
  • YTD-4.1%

Last week, the Auto Components industry hasn't moved much but Zhejiang Wanfeng Auto Wheel is up 10% in that time. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 Mar 2024CN¥1.6tCN¥1.2tCN¥62.6b32.6x24.8x1.3x
Wed, 21 Feb 2024CN¥1.3tCN¥1.0tCN¥48.7b27.1x27.5x1.3x
Fri, 19 Jan 2024CN¥1.5tCN¥1.0tCN¥48.8b31.2x30.7x1.5x
Sun, 17 Dec 2023CN¥1.6tCN¥1.0tCN¥48.9b36x33.5x1.6x
Tue, 14 Nov 2023CN¥1.6tCN¥1.0tCN¥48.8b36.4x33.5x1.6x
Thu, 12 Oct 2023CN¥1.6tCN¥994.4bCN¥47.3b37.1x34.6x1.6x
Sat, 09 Sep 2023CN¥1.6tCN¥993.0bCN¥47.0b35.6x34.4x1.6x
Mon, 07 Aug 2023CN¥1.7tCN¥943.6bCN¥42.4b40.7x39.6x1.8x
Wed, 05 Jul 2023CN¥1.7tCN¥937.7bCN¥41.8b43.9x40.2x1.8x
Fri, 02 Jun 2023CN¥1.4tCN¥934.1bCN¥42.1b35.5x33.6x1.5x
Sun, 30 Apr 2023CN¥1.4tCN¥926.7bCN¥40.2b34.9x34.3x1.5x
Tue, 28 Mar 2023CN¥1.5tCN¥900.2bCN¥37.2b42.7x40.1x1.7x
Thu, 23 Feb 2023CN¥1.6tCN¥894.3bCN¥36.4b47x44.5x1.8x
Sat, 21 Jan 2023CN¥1.5tCN¥893.1bCN¥36.3b43.9x42.5x1.7x
Mon, 19 Dec 2022CN¥1.5tCN¥891.9bCN¥36.2b41.1x41.1x1.7x
Wed, 16 Nov 2022CN¥1.6tCN¥890.8bCN¥36.5b43.8x43.2x1.8x
Fri, 14 Oct 2022CN¥1.5tCN¥836.6bCN¥31.4b47.2x47.7x1.8x
Sun, 11 Sep 2022CN¥1.7tCN¥835.8bCN¥30.9b52.7x54.2x2x
Tue, 09 Aug 2022CN¥1.8tCN¥842.0bCN¥32.8b51.4x54.7x2.1x
Thu, 07 Jul 2022CN¥1.6tCN¥869.6bCN¥33.2b43.9x49.1x1.9x
Sat, 04 Jun 2022CN¥1.5tCN¥869.3bCN¥32.7b40.4x46.7x1.8x
Mon, 02 May 2022CN¥1.2tCN¥856.8bCN¥35.0b32.6x35.4x1.4x
Wed, 30 Mar 2022CN¥1.4tCN¥844.7bCN¥38.2b35.7x36.2x1.6x
Fri, 25 Feb 2022CN¥1.6tCN¥836.4bCN¥40.2b36.8x39.6x1.9x
Sun, 23 Jan 2022CN¥1.7tCN¥835.6bCN¥40.8b39.8x41.9x2x
Tue, 21 Dec 2021CN¥1.7tCN¥834.4bCN¥40.6b41.5x42.7x2.1x
Thu, 18 Nov 2021CN¥1.8tCN¥834.1bCN¥40.7b42x43.6x2.1x
Sat, 16 Oct 2021CN¥1.6tCN¥838.3bCN¥45.1b32.3x34.6x1.9x
Mon, 13 Sep 2021CN¥1.5tCN¥829.3bCN¥44.5b32.9x33.7x1.8x
Wed, 11 Aug 2021CN¥1.5tCN¥828.5bCN¥44.4b32.4x34.5x1.8x
Sun, 06 Jun 2021CN¥1.4tCN¥796.8bCN¥42.4b32.1x33x1.8x
Price to Earnings Ratio

31.3x


Total Market Cap: CN¥1.3tTotal Earnings: CN¥41.8bTotal Revenue: CN¥788.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Auto Components Industry Price to Earnings3Y Average 38.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Auto Components 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 24.8x which is lower than its 3-year average PE of 38.3x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 15% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Consumer Discretionary industry?

CN Market-0.029%
Consumer Discretionary-0.52%
Auto Components-0.47%
Auto Parts and Equipment-0.38%
Tires and Rubber-1.20%
Industry PE
  • Investors are most optimistic about the Auto Parts and Equipment industry even though it's trading below its 3-year average PE ratio of 40.1x.
    • Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings growth of 13.7% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 28.8x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings decline by 3.8% 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
2085 Zhejiang Wanfeng Auto WheelCN¥14.4310.1%
+CN¥2.7b
136.2%PE39.8x
601058 Sailun GroupCN¥14.053.1%
+CN¥1.3b
31.4%PE19.3x
599 Qingdao DoublestarLtdCN¥5.7022.8%
+CN¥865.8m
27.5%PS1.1x
603037 Shanghai CarthaneLtdCN¥25.2720.0%
+CN¥564.4m
73.1%PE42.1x
2213 Shenzhen Dawei Innovation TechnologyCN¥13.8018.5%
+CN¥510.1m
-2.5%PS4.6x
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