Jiangling Motors Corporation, Ltd. (SZSE:000550) Stock Catapults 34% Though Its Price And Business Still Lag The Market
Jul 30
Chinese (SSE) Auto Industry Analysis
UpdatedJul 30, 2024
DataAggregated Company Financials
Companies22
- 7D-1.1%
- 3M-1.6%
- 1Y3.1%
- YTD5.8%
Over the last 7 days, the Auto industry has dropped 1.1%, driven by a pullback from Chongqing Changan Automobile of 4.6%. Meanwhile, Jiangling Motors Corporation actually outperformed within the industry, gaining 18% in the last week. Over the past 12 months, the industry was up 3.1%. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Chinese Auto Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 31 Jul 2024 | CN¥702.7b | CN¥1.2t | CN¥19.0b | 21.9x | 36.9x | 0.6x |
| Fri, 28 Jun 2024 | CN¥659.2b | CN¥1.2t | CN¥19.1b | 20.8x | 34.4x | 0.6x |
| Sun, 26 May 2024 | CN¥688.6b | CN¥1.2t | CN¥19.1b | 23.8x | 36x | 0.6x |
| Tue, 23 Apr 2024 | CN¥737.7b | CN¥1.2t | CN¥20.5b | 24x | 36x | 0.6x |
| Thu, 21 Mar 2024 | CN¥773.1b | CN¥1.1t | CN¥20.5b | 23.1x | 37.8x | 0.7x |
| Sat, 17 Feb 2024 | CN¥622.4b | CN¥1.1t | CN¥20.5b | 19.6x | 30.4x | 0.5x |
| Mon, 15 Jan 2024 | CN¥626.6b | CN¥1.1t | CN¥20.4b | 24.6x | 30.7x | 0.5x |
| Wed, 13 Dec 2023 | CN¥743.4b | CN¥1.1t | CN¥20.4b | 23.5x | 36.5x | 0.7x |
| Fri, 10 Nov 2023 | CN¥747.5b | CN¥1.1t | CN¥21.2b | 22.9x | 35.3x | 0.7x |
| Sun, 08 Oct 2023 | CN¥644.8b | CN¥1.2t | CN¥21.2b | 23.9x | 30.4x | 0.6x |
| Tue, 05 Sep 2023 | CN¥629.1b | CN¥1.2t | CN¥21.2b | 23.9x | 29.6x | 0.5x |
| Thu, 03 Aug 2023 | CN¥691.5b | CN¥1.1t | CN¥17.7b | 25.9x | 39.2x | 0.6x |
| Sat, 01 Jul 2023 | CN¥606.1b | CN¥1.1t | CN¥17.6b | 25x | 34.5x | 0.6x |
| Mon, 29 May 2023 | CN¥563.9b | CN¥1.1t | CN¥17.9b | 23.8x | 31.5x | 0.5x |
| Wed, 26 Apr 2023 | CN¥586.3b | CN¥1.2t | CN¥16.4b | 25.9x | 35.7x | 0.5x |
| Fri, 24 Mar 2023 | CN¥687.3b | CN¥1.2t | CN¥15.6b | 29.4x | 44.2x | 0.6x |
| Sun, 19 Feb 2023 | CN¥707.4b | CN¥1.2t | CN¥14.6b | 30.2x | 48.3x | 0.6x |
| Tue, 17 Jan 2023 | CN¥699.2b | CN¥1.2t | CN¥14.8b | 31.4x | 47.3x | 0.6x |
| Thu, 15 Dec 2022 | CN¥706.2b | CN¥1.2t | CN¥14.5b | 26.3x | 48.8x | 0.6x |
| Sat, 12 Nov 2022 | CN¥716.3b | CN¥1.2t | CN¥14.2b | 29.7x | 50.3x | 0.6x |
| Mon, 10 Oct 2022 | CN¥697.8b | CN¥1.2t | CN¥16.5b | 36.4x | 42.4x | 0.6x |
| Wed, 07 Sep 2022 | CN¥785.2b | CN¥1.2t | CN¥17.4b | 43.8x | 45.1x | 0.7x |
| Fri, 05 Aug 2022 | CN¥819.8b | CN¥1.3t | CN¥25.1b | 40.8x | 32.6x | 0.7x |
| Sun, 03 Jul 2022 | CN¥858.6b | CN¥1.3t | CN¥25.1b | 37x | 34.3x | 0.7x |
| Tue, 31 May 2022 | CN¥700.3b | CN¥1.3t | CN¥25.1b | 31.9x | 27.9x | 0.6x |
| Thu, 28 Apr 2022 | CN¥560.8b | CN¥1.3t | CN¥29.1b | 26.9x | 19.3x | 0.4x |
| Sat, 26 Mar 2022 | CN¥635.7b | CN¥1.3t | CN¥30.3b | 21.3x | 21x | 0.5x |
| Mon, 21 Feb 2022 | CN¥731.0b | CN¥1.3t | CN¥30.4b | 24.4x | 24.1x | 0.5x |
| Wed, 19 Jan 2022 | CN¥786.6b | CN¥1.3t | CN¥30.2b | 28.9x | 26.1x | 0.6x |
| Fri, 17 Dec 2021 | CN¥877.4b | CN¥1.3t | CN¥30.1b | 29.9x | 29.1x | 0.7x |
| Sun, 14 Nov 2021 | CN¥891.0b | CN¥1.3t | CN¥30.0b | 27.1x | 29.7x | 0.7x |
| Tue, 12 Oct 2021 | CN¥849.5b | CN¥1.4t | CN¥31.1b | 24.8x | 27.3x | 0.6x |
| Thu, 09 Sep 2021 | CN¥932.1b | CN¥1.4t | CN¥31.1b | 29x | 30x | 0.7x |
| Sat, 07 Aug 2021 | CN¥847.8b | CN¥1.4t | CN¥31.1b | 30.3x | 27.2x | 0.6x |
Price to Earnings Ratio
27.2x
Current Industry PE
- Investors are relatively neutral on the Chinese Auto industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 34.3x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Auto industry have declined 15% per year over the last three years,
- Revenues have also declined 4.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | -3.00% | |
| Consumer Discretionary | -2.07% | |
| Auto | -1.12% | |
| Motorcycle Manufacturers | -0.022% | |
| Automobile Manufacturers | -1.26% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry which is trading above its 3-year average PE ratio of 35.6x.
- Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings decline of 0.9% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 33.8x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 0.9% per year.
- In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 000550 Jiangling Motors Corporation | CN¥29.11 | 17.8% +CN¥3.8b | 57.4% | PE15.3x | |
| 603766 Loncin Motor | CN¥6.60 | 12.8% +CN¥1.5b | 24.1% | PE20.7x | |
| 600166 Beiqi Foton MotorLtd | CN¥2.72 | 6.7% +CN¥1.3b | -28.4% | PE24.8x | |
| 000913 Zhejiang Qianjiang Motorcycle | CN¥16.00 | 13.7% +CN¥1.0b | -8.6% | PE15.9x | |
| 689009 Ninebot | CN¥39.40 | 3.3% +CN¥895.7m | 13.5% | PE39.4x |
