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Chinese (SSE) Auto Components Industry Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies181
  • 7D-2.5%
  • 3M-12.6%
  • 1Y-19.7%
  • YTD-18.1%

Over the last 7 days, the Auto Components industry has dropped 2.5%, driven by declines in Fuyao Glass Industry Group and Huizhou Desay SV Automotive of 2.4% and 3.6%, respectively. Meanwhile, Zhejiang Dehong Automotive Electronic & Electrical actually outperformed within the industry, gaining 14% in the last week. However, the industry is down 20% over the past year. As for the next few years, earnings are expected to grow by 37% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022CN¥1.5tCN¥890.5bCN¥36.5b40.7x40.5x1.7x
Tue, 25 Oct 2022CN¥1.5tCN¥840.5bCN¥32.5b45.7x45.1x1.7x
Thu, 22 Sep 2022CN¥1.6tCN¥835.4bCN¥30.8b49.4x50.7x1.9x
Sat, 20 Aug 2022CN¥1.7tCN¥843.7bCN¥32.8b54.4x53.2x2.1x
Mon, 18 Jul 2022CN¥1.7tCN¥869.4bCN¥33.2b47.5x51.1x1.9x
Wed, 15 Jun 2022CN¥1.6tCN¥869.4bCN¥33.2b43.9x48.2x1.8x
Fri, 13 May 2022CN¥1.3tCN¥864.1bCN¥33.5b35.9x39.5x1.5x
Sun, 10 Apr 2022CN¥1.3tCN¥845.2bCN¥39.0b35.4x34x1.6x
Tue, 08 Mar 2022CN¥1.5tCN¥843.2bCN¥39.6b37x37x1.7x
Thu, 03 Feb 2022CN¥1.6tCN¥834.5bCN¥40.0b38.4x40.4x1.9x
Sat, 01 Jan 2022CN¥1.8tCN¥834.4bCN¥40.6b43.2x43.8x2.1x
Mon, 29 Nov 2021CN¥1.8tCN¥834.9bCN¥40.8b44.4x44.8x2.2x
Wed, 27 Oct 2021CN¥1.6tCN¥840.8bCN¥44.2b34.1x36.5x1.9x
Fri, 24 Sep 2021CN¥1.5tCN¥829.4bCN¥44.5b32.7x32.9x1.8x
Sun, 22 Aug 2021CN¥1.5tCN¥828.5bCN¥44.4b32.5x33.4x1.8x
Fri, 09 Jul 2021CN¥1.5tCN¥827.9bCN¥44.3b31.4x32.9x1.8x
Thu, 01 Apr 2021CN¥1.3tCN¥788.5bCN¥41.8b31x31.3x1.7x
Sun, 03 Jan 2021CN¥1.3tCN¥682.9bCN¥30.6b40.8x41.9x1.9x
Wed, 07 Oct 2020CN¥1.2tCN¥671.5bCN¥21.2b34.8x55.6x1.8x
Tue, 30 Jun 2020CN¥947.7bCN¥638.5bCN¥15.7b35.8x60.4x1.5x
Fri, 03 Apr 2020CN¥827.1bCN¥645.9bCN¥15.8b33.3x52.2x1.3x
Mon, 06 Jan 2020CN¥890.2bCN¥680.6bCN¥20.7b31.2x43.1x1.3x
Price to Earnings Ratio

35.3x


Total Market Cap: CN¥811.6bTotal Earnings: CN¥23.0bTotal Revenue: CN¥673.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Auto Components Industry Price to Earnings3Y Average 45.4x202020212022
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 40.5x which is lower than its 3-year average PE of 45.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Auto Components industry have grown 17% 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-1.52%
Consumer Discretionary-2.22%
Auto Components-2.55%
Tires and Rubber-2.12%
Auto Parts and Equipment-2.59%
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 52.4x.
    • Analysts are expecting annual earnings growth of 36.1%, which is higher than its past year's earnings decline of 7.9% per year.
  • Investors are most pessimistic about the Tires and Rubber industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 24.4x.
Forecasted Growth
  • Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 32% per year.
  • In contrast, the Auto Parts and Equipment industry is expected to see its earnings grow by 36% 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
603701 Zhejiang Dehong Automotive Electronic & ElectricalCN¥21.7114.3%
+CN¥708.3m
129.7%PE268.7x
2265 Yunnan Xiyi IndustryCN¥15.438.4%
+CN¥379.1m
85.5%PE813x
603179 Jiangsu Xinquan Automotive TrimLtdCN¥41.711.8%
+CN¥365.5m
40.4%PE53.8x
600081 Dongfeng Electronic TechnologyLtdCN¥11.136.4%
+CN¥315.2m
-15.6%PE26.9x
678 Xiangyang Automobile BearingCN¥6.367.4%
+CN¥202.2m
41.0%PS2.6x
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