Header cover image

Chinese (SSE) Auto Components Industry Analysis

UpdatedSep 22, 2023
DataAggregated Company Financials
Companies194
  • 7D-0.5%
  • 3M-2.3%
  • 1Y-3.1%
  • YTD3.4%

Over the last 7 days, the Auto Components industry has dropped 2.6%, driven by a pullback from Huizhou Desay SV Automotive of 3.0%. In contrast, Ningbo Xusheng Group has gained 5.5%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 22 Sep 2023CN¥1.6tCN¥994.0bCN¥47.2b35.2x33.9x1.6x
Sun, 20 Aug 2023CN¥1.6tCN¥950.0bCN¥43.4b39x36.6x1.7x
Tue, 18 Jul 2023CN¥1.6tCN¥937.7bCN¥41.8b41.7x39.1x1.7x
Thu, 15 Jun 2023CN¥1.5tCN¥934.2bCN¥41.3b38.5x36.6x1.6x
Sat, 13 May 2023CN¥1.4tCN¥929.7bCN¥41.4b35.3x33.6x1.5x
Mon, 10 Apr 2023CN¥1.5tCN¥895.9bCN¥40.5b40.7x35.9x1.6x
Wed, 08 Mar 2023CN¥1.6tCN¥894.7bCN¥36.3b44x43.4x1.8x
Fri, 03 Feb 2023CN¥1.6tCN¥893.4bCN¥36.3b47.6x45.2x1.8x
Sun, 01 Jan 2023CN¥1.4tCN¥892.3bCN¥36.2b37.9x39.6x1.6x
Tue, 29 Nov 2022CN¥1.5tCN¥890.5bCN¥36.4b41.1x40.3x1.7x
Thu, 27 Oct 2022CN¥1.5tCN¥846.7bCN¥32.8b46.3x45.5x1.8x
Sat, 24 Sep 2022CN¥1.5tCN¥834.8bCN¥31.1b47.8x48.8x1.8x
Mon, 22 Aug 2022CN¥1.7tCN¥844.4bCN¥32.6b54.5x53.6x2.1x
Wed, 20 Jul 2022CN¥1.7tCN¥869.4bCN¥33.2b47.5x51.1x1.9x
Fri, 17 Jun 2022CN¥1.6tCN¥869.6bCN¥33.2b42.6x47.4x1.8x
Sun, 15 May 2022CN¥1.4tCN¥865.0bCN¥33.5b36.9x40.8x1.6x
Tue, 12 Apr 2022CN¥1.3tCN¥845.4bCN¥38.9b33.8x32.3x1.5x
Thu, 10 Mar 2022CN¥1.4tCN¥842.1bCN¥39.9b34.6x35.3x1.7x
Sat, 05 Feb 2022CN¥1.6tCN¥834.5bCN¥40.0b38.4x40.4x1.9x
Mon, 03 Jan 2022CN¥1.8tCN¥834.5bCN¥40.6b43.2x43.8x2.1x
Wed, 01 Dec 2021CN¥1.9tCN¥835.0bCN¥40.8b45.4x46x2.2x
Fri, 29 Oct 2021CN¥1.6tCN¥843.3bCN¥44.0b33.2x36.2x1.9x
Sun, 26 Sep 2021CN¥1.4tCN¥829.4bCN¥44.5b31.9x32x1.7x
Tue, 24 Aug 2021CN¥1.5tCN¥828.5bCN¥44.4b34.1x34.3x1.8x
Wed, 30 Jun 2021CN¥1.5tCN¥827.9bCN¥44.3b31.4x32.9x1.8x
Sat, 03 Apr 2021CN¥1.3tCN¥788.5bCN¥41.8b31x31.3x1.7x
Tue, 05 Jan 2021CN¥1.3tCN¥682.9bCN¥30.6b40.8x41.9x1.9x
Fri, 09 Oct 2020CN¥1.2tCN¥671.5bCN¥21.2b34.8x55.6x1.8x
Price to Earnings Ratio

55.6x


Total Market Cap: CN¥1.2tTotal Earnings: CN¥21.2bTotal Revenue: CN¥671.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Auto Components Industry Price to Earnings3Y Average 41.3x202120222023
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 34.7x which is lower than its 3-year average PE of 41.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 14% 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-1.81%
Consumer Discretionary-0.62%
Auto Components-0.46%
Auto Parts and Equipment-0.46%
Tires and Rubber-0.47%
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 44.7x.
    • Analysts are expecting annual earnings growth of 31.4%, which is higher than its past year's earnings growth of 20.0% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, which is trading below its 3-year average of 28.9x.
Forecasted Growth
  • Analysts are most optimistic on the Auto Parts and Equipment industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Tires and Rubber industry is expected to see its earnings grow by 28% 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
301499 Shanghai Vico Precision Mold &Plastics CoCN¥41.5524.0%
+CN¥1.1b
n/aPE81.3x
2906 ForyouCN¥31.125.3%
+CN¥812.4m
-30.6%PE40.6x
603305 Ningbo Xusheng GroupCN¥23.133.4%
+CN¥718.6m
-20.7%PE26.3x
300926 Jiangsu Bojun Industrial TechnologyCN¥24.808.7%
+CN¥554.9m
51.6%PE33.7x
600114 NBTM New Materials GroupCN¥10.928.8%
+CN¥542.4m
24.1%PE47x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

603730

CN¥17.06

Shanghai Daimay Automotive Interior

7D

-2.8%

1Y

72.6%

688326

CN¥134.78

Beijing Jingwei Hirain Technologies

7D

-3.8%

1Y

-33.8%

301007

CN¥21.99

Dalian Demaishi Precision Technology

7D

16.7%

1Y

74.4%

600741

CN¥18.42

HUAYU Automotive Systems

7D

-1.5%

1Y

7.0%

603305

CN¥23.13

Ningbo Xusheng Group

7D

3.4%

1Y

-20.7%

605333

CN¥15.39

Kunshan Huguang Auto HarnessLtd

7D

8.2%

1Y

-40.3%

601689

CN¥70.95

Ningbo Tuopu GroupLtd

7D

-1.4%

1Y

-6.0%

301499

CN¥41.55

Shanghai Vico Precision Mold &Plastics Co

7D

24.0%

1Y

n/a

2906

CN¥31.12

Foryou

7D

5.3%

1Y

-30.6%

600114

CN¥10.92

NBTM New Materials Group

7D

8.8%

1Y

24.1%

603786

CN¥71.05

KEBODA TECHNOLOGY

7D

-2.6%

1Y

21.3%

2920

CN¥136.67

Huizhou Desay SV Automotive

7D

-1.0%

1Y

-4.0%

300926

CN¥24.80

Jiangsu Bojun Industrial Technology

7D

8.7%

1Y

51.6%

688612

CN¥42.85

Shenzhen VMAX New Energy

7D

-4.4%

1Y

n/a

1282

CN¥33.66

Wuhu Sanlian Forging

7D

14.8%

1Y

n/a