Benign Growth For Wanxiang Qianchao Co.,Ltd. (SZSE:000559) Underpins Its Share Price
Mar 07
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Chinese (SSE) Auto Components Industry Analysis
UpdatedMar 10, 2025
DataAggregated Company Financials
Companies202
- 7D4.6%
- 3M11.9%
- 1Y38.4%
- YTD20.1%
In the last week, the Auto Components industry is up 4.6%, with Weifu High-Technology Group leading the way with a 24% gain. During this same period, the Shanghai Mobitech TechnologyLtd underperformed, falling 22%. This takes the industry's 12 month performance to a gain of 38%. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Chinese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 11 Mar 2025 | CN¥2.1t | CN¥1.1t | CN¥65.6b | 36.8x | 31.7x | 1.9x |
| Thu, 06 Feb 2025 | CN¥1.8t | CN¥1.1t | CN¥65.1b | 31.8x | 28.4x | 1.7x |
| Sat, 04 Jan 2025 | CN¥1.7t | CN¥1.1t | CN¥65.1b | 28.4x | 25.6x | 1.5x |
| Mon, 02 Dec 2024 | CN¥1.8t | CN¥1.1t | CN¥65.1b | 31.1x | 27.2x | 1.6x |
| Wed, 30 Oct 2024 | CN¥1.7t | CN¥1.1t | CN¥65.6b | 29.6x | 26.1x | 1.5x |
| Fri, 27 Sep 2024 | CN¥1.5t | CN¥1.1t | CN¥64.1b | 24.8x | 22.8x | 1.3x |
| Sun, 25 Aug 2024 | CN¥1.3t | CN¥1.1t | CN¥63.4b | 22.3x | 20.4x | 1.2x |
| Tue, 23 Jul 2024 | CN¥1.4t | CN¥1.1t | CN¥62.0b | 25.1x | 22.7x | 1.3x |
| Thu, 20 Jun 2024 | CN¥1.5t | CN¥1.1t | CN¥61.6b | 28.2x | 24x | 1.4x |
| Sat, 18 May 2024 | CN¥1.6t | CN¥1.1t | CN¥61.0b | 28.5x | 26x | 1.5x |
| Mon, 15 Apr 2024 | CN¥1.5t | CN¥1.0t | CN¥51.4b | 30.8x | 29.6x | 1.5x |
| Wed, 13 Mar 2024 | CN¥1.5t | CN¥1.2t | CN¥61.7b | 31.8x | 24.8x | 1.3x |
| Fri, 09 Feb 2024 | CN¥1.3t | CN¥1.0t | CN¥48.8b | 25.2x | 27.4x | 1.3x |
| Sun, 07 Jan 2024 | CN¥1.6t | CN¥1.0t | CN¥48.8b | 34.2x | 32x | 1.5x |
| Tue, 05 Dec 2023 | CN¥1.7t | CN¥1.0t | CN¥48.9b | 37.2x | 34.7x | 1.7x |
| Thu, 02 Nov 2023 | CN¥1.6t | CN¥1.0t | CN¥48.8b | 35.5x | 33.3x | 1.6x |
| Sat, 30 Sep 2023 | CN¥1.6t | CN¥994.1b | CN¥47.2b | 37.2x | 34.6x | 1.6x |
| Mon, 28 Aug 2023 | CN¥1.5t | CN¥962.1b | CN¥44.2b | 35.8x | 35x | 1.6x |
| Wed, 26 Jul 2023 | CN¥1.7t | CN¥938.2b | CN¥42.0b | 42.2x | 39.4x | 1.8x |
| Fri, 23 Jun 2023 | CN¥1.6t | CN¥934.3b | CN¥41.3b | 41.4x | 38.1x | 1.7x |
| Sun, 21 May 2023 | CN¥1.4t | CN¥932.5b | CN¥41.9b | 35.5x | 33.5x | 1.5x |
| Tue, 18 Apr 2023 | CN¥1.4t | CN¥899.4b | CN¥41.4b | 38.3x | 34.9x | 1.6x |
| Thu, 16 Mar 2023 | CN¥1.5t | CN¥896.7b | CN¥36.6b | 42.6x | 40.2x | 1.6x |
| Sat, 11 Feb 2023 | CN¥1.6t | CN¥893.0b | CN¥36.3b | 47.7x | 44.5x | 1.8x |
| Mon, 09 Jan 2023 | CN¥1.5t | CN¥892.5b | CN¥36.2b | 42.2x | 41.7x | 1.7x |
| Wed, 07 Dec 2022 | CN¥1.5t | CN¥891.8b | CN¥36.2b | 41.8x | 42.2x | 1.7x |
| Fri, 04 Nov 2022 | CN¥1.5t | CN¥887.1b | CN¥36.2b | 42.6x | 42.8x | 1.7x |
| Sun, 02 Oct 2022 | CN¥1.4t | CN¥836.8b | CN¥31.4b | 44.7x | 46x | 1.7x |
| Tue, 30 Aug 2022 | CN¥1.7t | CN¥838.6b | CN¥31.3b | 51.5x | 53.9x | 2x |
| Thu, 28 Jul 2022 | CN¥1.8t | CN¥869.4b | CN¥33.2b | 51.6x | 55x | 2.1x |
| Sat, 25 Jun 2022 | CN¥1.7t | CN¥869.7b | CN¥33.2b | 48.4x | 51.8x | 2x |
| Mon, 23 May 2022 | CN¥1.4t | CN¥865.5b | CN¥33.5b | 38.6x | 41.8x | 1.6x |
| Wed, 20 Apr 2022 | CN¥1.3t | CN¥850.0b | CN¥39.5b | 36.1x | 33.6x | 1.6x |
| Fri, 18 Mar 2022 | CN¥1.5t | CN¥843.7b | CN¥39.7b | 35x | 36.7x | 1.7x |
Price to Earnings Ratio
36.7x
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 31.7x which is lower than its 3-year average PE of 34.8x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 9.8% 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 | 2.38% | |
| Consumer Discretionary | 2.05% | |
| Auto Components | 4.57% | |
| Auto Parts and Equipment | 5.08% | |
| Tires and Rubber | -0.47% | |
Industry PE
- Investors are most optimistic about the Auto Parts and Equipment industry, which is trading close to its 3-year average PE ratio of 36.7x.
- Analysts are expecting annual earnings growth of 26.9%, which is higher than its past year's earnings growth of 8.6% per year.
- Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 25.8x.
Forecasted Growth
- Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings growth rate of 8.6% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| 000581 Weifu High-Technology Group | CN¥25.81 | 24.3% +CN¥4.9b | 50.1% | PE14x | |
| 300432 Fulin Precision | CN¥22.88 | 19.2% +CN¥4.5b | 171.1% | PE164.3x | |
| 603596 Bethel Automotive Safety Systems | CN¥65.87 | 10.8% +CN¥3.9b | 62.7% | PE37.2x | |
| 002472 Zhejiang Shuanghuan DrivelineLtd | CN¥40.55 | 10.7% +CN¥3.3b | 67.6% | PE35.2x | |
| 002048 Ningbo Huaxiang Electronic | CN¥17.64 | 26.8% +CN¥3.0b | 40.3% | PE15.6x |
