The Strong Earnings Posted By Chongqing Changan Automobile (SZSE:000625) Are A Good Indication Of The Strength Of The Business
Apr 25
Chinese (SSE) Automobile Manufacturers Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies15
- 7D-2.5%
- 3M15.0%
- 1Y32.5%
- YTDn/a
Last week, the Automobile Manufacturers industry hasn't moved much but Seres GroupLtd is up 9.7% in that time. The past year has been better, since the industry has gained 35% in that time. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Chinese Automobile Manufacturers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥633.3b | CN¥1.1t | CN¥18.3b | 23.2x | 34.6x | 0.6x |
| Sun, 24 Mar 2024 | CN¥683.7b | CN¥1.1t | CN¥16.7b | 23.4x | 40.9x | 0.6x |
| Tue, 20 Feb 2024 | CN¥553.7b | CN¥1.1t | CN¥16.7b | 22.6x | 33.1x | 0.5x |
| Thu, 18 Jan 2024 | CN¥544.6b | CN¥1.1t | CN¥16.6b | 27x | 32.7x | 0.5x |
| Sat, 16 Dec 2023 | CN¥653.7b | CN¥1.1t | CN¥16.6b | 28.9x | 39.3x | 0.6x |
| Mon, 13 Nov 2023 | CN¥644.3b | CN¥1.1t | CN¥16.6b | 24.7x | 38.7x | 0.6x |
| Wed, 11 Oct 2023 | CN¥598.1b | CN¥1.1t | CN¥17.4b | 28.8x | 34.3x | 0.5x |
| Fri, 08 Sep 2023 | CN¥539.8b | CN¥1.1t | CN¥17.4b | 28.3x | 31x | 0.5x |
| Sun, 06 Aug 2023 | CN¥598.9b | CN¥1.0t | CN¥14.6b | 32.4x | 41.2x | 0.6x |
| Tue, 04 Jul 2023 | CN¥542.0b | CN¥1.0t | CN¥14.1b | 30.9x | 38.6x | 0.5x |
| Thu, 01 Jun 2023 | CN¥480.0b | CN¥1.0t | CN¥14.3b | 28.5x | 33.6x | 0.5x |
| Sat, 29 Apr 2023 | CN¥517.3b | CN¥1.1t | CN¥12.1b | 30x | 42.6x | 0.5x |
| Mon, 27 Mar 2023 | CN¥587.6b | CN¥1.2t | CN¥12.0b | 26.1x | 48.8x | 0.5x |
| Wed, 22 Feb 2023 | CN¥629.0b | CN¥1.2t | CN¥11.7b | 27.8x | 53.7x | 0.5x |
| Fri, 20 Jan 2023 | CN¥580.4b | CN¥1.2t | CN¥11.9b | 23.8x | 48.9x | 0.5x |
| Sun, 18 Dec 2022 | CN¥614.5b | CN¥1.2t | CN¥11.5b | 24.4x | 53.3x | 0.5x |
| Tue, 15 Nov 2022 | CN¥604.1b | CN¥1.2t | CN¥11.4b | 24.3x | 52.8x | 0.5x |
| Thu, 13 Oct 2022 | CN¥600.5b | CN¥1.1t | CN¥14.1b | 26.8x | 42.6x | 0.5x |
| Sat, 10 Sep 2022 | CN¥671.7b | CN¥1.1t | CN¥14.4b | 25.3x | 46.7x | 0.6x |
| Mon, 08 Aug 2022 | CN¥706.3b | CN¥1.2t | CN¥22.7b | 22.2x | 31.1x | 0.6x |
| Wed, 06 Jul 2022 | CN¥739.2b | CN¥1.2t | CN¥22.9b | 26.1x | 32.2x | 0.6x |
| Fri, 03 Jun 2022 | CN¥634.1b | CN¥1.2t | CN¥23.0b | 25x | 27.6x | 0.5x |
| Sun, 01 May 2022 | CN¥520.3b | CN¥1.3t | CN¥32.1b | 25x | 16.2x | 0.4x |
| Tue, 29 Mar 2022 | CN¥558.5b | CN¥1.3t | CN¥29.3b | 19.7x | 19.1x | 0.4x |
| Thu, 24 Feb 2022 | CN¥637.7b | CN¥1.3t | CN¥28.4b | 21.9x | 22.5x | 0.5x |
| Sat, 22 Jan 2022 | CN¥656.5b | CN¥1.3t | CN¥28.2b | 22.3x | 23.3x | 0.5x |
| Mon, 20 Dec 2021 | CN¥760.8b | CN¥1.3t | CN¥28.1b | 24.2x | 27x | 0.6x |
| Wed, 17 Nov 2021 | CN¥767.6b | CN¥1.3t | CN¥28.1b | 24x | 27.3x | 0.6x |
| Fri, 15 Oct 2021 | CN¥746.6b | CN¥1.3t | CN¥28.9b | 20.4x | 25.8x | 0.6x |
| Sun, 12 Sep 2021 | CN¥815.4b | CN¥1.3t | CN¥28.9b | 26.3x | 28.2x | 0.6x |
| Tue, 10 Aug 2021 | CN¥756.7b | CN¥1.3t | CN¥28.9b | 31.2x | 26.2x | 0.6x |
| Mon, 03 May 2021 | CN¥645.9b | CN¥1.3t | CN¥28.4b | 25.3x | 22.7x | 0.5x |
Price to Earnings Ratio
22.7x
Current Industry PE
- Investors are optimistic on the Chinese Automobile Manufacturers industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.2x which is higher than its 3-year average PE of 34.3x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Automobile Manufacturers industry have declined 16% per year over the last three years,
- Revenues have also declined 5.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Automobile Manufacturers compare with similar industries?
| CN Market | -0.42% | |
| Consumer Discretionary | -0.051% | |
| Auto | -1.94% | |
| Automobile Manufacturers | -2.55% | |
| Motorcycle Manufacturers | 2.88% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300825 IAT Automobile Technology | CN¥11.56 | 6.4% +CN¥343.0m | -0.4% | PE302x | |
| 572 Haima AutomobileLtd | CN¥3.66 | 4.3% +CN¥246.7m | -18.8% | PS2.3x | |
| 600303 Liaoning SG Automotive Group | CN¥3.75 | 5.0% +CN¥121.6m | -20.9% | PS1.9x | |
| 301322 Guangdong Lvtong New Energy Electric Vehicle Technology | CN¥32.43 | 3.3% +CN¥109.1m | -57.9% | PE13.4x |
