Chongqing Changan Automobile Company Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Sep 03
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Chinese (SSE) Auto Industry Analysis
UpdatedSep 09, 2024
DataAggregated Company Financials
Companies22
- 7D0.7%
- 3M-4.9%
- 1Y5.3%
- YTD-3.7%
Last week, the Auto industry hasn't moved much but Anhui Jianghuai Automobile GroupLtd is up 16% in that time. As for the the longer term, the industry is up 5.3% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 09 Sep 2024 | CN¥639.9b | CN¥1.2t | CN¥21.6b | 22.7x | 29.7x | 0.5x |
| Wed, 07 Aug 2024 | CN¥678.5b | CN¥1.2t | CN¥19.0b | 21.6x | 35.6x | 0.6x |
| Fri, 05 Jul 2024 | CN¥665.3b | CN¥1.2t | CN¥19.1b | 20.3x | 34.7x | 0.6x |
| Sun, 02 Jun 2024 | CN¥692.8b | CN¥1.2t | CN¥19.1b | 23.4x | 36.2x | 0.6x |
| Tue, 30 Apr 2024 | CN¥742.5b | CN¥1.2t | CN¥22.1b | 24.7x | 33.6x | 0.6x |
| Thu, 28 Mar 2024 | CN¥724.3b | CN¥1.1t | CN¥20.5b | 22.9x | 35.4x | 0.6x |
| Sat, 24 Feb 2024 | CN¥658.7b | CN¥1.1t | CN¥20.5b | 20.3x | 32.2x | 0.6x |
| Mon, 22 Jan 2024 | CN¥608.6b | CN¥1.1t | CN¥20.5b | 23.9x | 29.8x | 0.5x |
| Wed, 20 Dec 2023 | CN¥723.0b | CN¥1.1t | CN¥20.4b | 24.1x | 35.5x | 0.6x |
| Fri, 17 Nov 2023 | CN¥744.3b | CN¥1.1t | CN¥20.4b | 23.6x | 36.5x | 0.7x |
| Sun, 15 Oct 2023 | CN¥695.1b | CN¥1.2t | CN¥21.2b | 23.9x | 32.8x | 0.6x |
| Tue, 12 Sep 2023 | CN¥631.7b | CN¥1.2t | CN¥21.2b | 23.7x | 29.8x | 0.5x |
| Thu, 10 Aug 2023 | CN¥667.0b | CN¥1.1t | CN¥18.1b | 25.9x | 36.9x | 0.6x |
| Sat, 08 Jul 2023 | CN¥642.0b | CN¥1.1t | CN¥17.6b | 25.6x | 36.4x | 0.6x |
| Mon, 05 Jun 2023 | CN¥581.2b | CN¥1.1t | CN¥17.9b | 24.3x | 32.5x | 0.5x |
| Wed, 03 May 2023 | CN¥605.9b | CN¥1.1t | CN¥19.2b | 24.9x | 31.6x | 0.5x |
| Fri, 31 Mar 2023 | CN¥688.3b | CN¥1.2t | CN¥15.6b | 29.3x | 44.2x | 0.6x |
| Sun, 26 Feb 2023 | CN¥721.4b | CN¥1.2t | CN¥14.5b | 32.8x | 49.6x | 0.6x |
| Tue, 24 Jan 2023 | CN¥711.0b | CN¥1.2t | CN¥14.7b | 30.7x | 48.2x | 0.6x |
| Thu, 22 Dec 2022 | CN¥682.3b | CN¥1.2t | CN¥14.5b | 27.5x | 47.2x | 0.6x |
| Sat, 19 Nov 2022 | CN¥692.1b | CN¥1.2t | CN¥14.3b | 27.7x | 48.5x | 0.6x |
| Mon, 17 Oct 2022 | CN¥715.0b | CN¥1.2t | CN¥16.4b | 36.6x | 43.7x | 0.6x |
| Wed, 14 Sep 2022 | CN¥779.1b | CN¥1.2t | CN¥16.7b | 42.8x | 46.6x | 0.7x |
| Fri, 12 Aug 2022 | CN¥830.9b | CN¥1.3t | CN¥25.3b | 41.3x | 32.9x | 0.7x |
| Sun, 10 Jul 2022 | CN¥863.4b | CN¥1.3t | CN¥25.1b | 39.8x | 34.4x | 0.7x |
| Tue, 07 Jun 2022 | CN¥764.6b | CN¥1.3t | CN¥25.1b | 32.8x | 30.5x | 0.6x |
| Thu, 05 May 2022 | CN¥593.1b | CN¥1.3t | CN¥25.4b | 26.9x | 23.4x | 0.5x |
| Sat, 02 Apr 2022 | CN¥648.9b | CN¥1.3t | CN¥31.6b | 21x | 20.5x | 0.5x |
| Mon, 28 Feb 2022 | CN¥718.6b | CN¥1.3t | CN¥30.4b | 23.9x | 23.7x | 0.5x |
| Wed, 26 Jan 2022 | CN¥738.3b | CN¥1.3t | CN¥30.1b | 26.1x | 24.5x | 0.6x |
| Fri, 24 Dec 2021 | CN¥854.3b | CN¥1.3t | CN¥30.1b | 28.9x | 28.3x | 0.6x |
| Sun, 21 Nov 2021 | CN¥852.9b | CN¥1.3t | CN¥30.1b | 28x | 28.3x | 0.6x |
| Tue, 19 Oct 2021 | CN¥872.1b | CN¥1.4t | CN¥31.1b | 24.9x | 28x | 0.6x |
| Thu, 16 Sep 2021 | CN¥878.0b | CN¥1.4t | CN¥31.1b | 28.3x | 28.2x | 0.6x |
Price to Earnings Ratio
28.2x
Current Industry PE
- Investors are pessimistic on the Chinese Auto 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 29.7x which is lower than its 3-year average PE of 34.5x.
- 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 12% per year over the last three years,
- Revenues have also declined 4.4% 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 | -2.42% | |
| Consumer Discretionary | -0.34% | |
| Auto | 0.68% | |
| Motorcycle Manufacturers | 2.04% | |
| Automobile Manufacturers | 0.46% | |
Industry PE
- Investors are most optimistic about the Automobile Manufacturers industry even though it's trading below its 3-year average PE ratio of 36.0x.
- Analysts are expecting annual earnings growth of 23.7%, which is higher than its past year's earnings decline of 32.2% per year.
- Investors are most pessimistic about the Motorcycle Manufacturers industry, which is trading below its 3-year average of 32.9x.
Forecasted Growth
- Analysts are most optimistic on the Automobile Manufacturers industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings decline of 32% per year.
- In contrast, the Motorcycle Manufacturers industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| 600418 Anhui Jianghuai Automobile GroupLtd | CN¥22.63 | 15.7% +CN¥6.7b | 67.4% | PE166.3x | |
| 601127 Seres GroupLtd | CN¥76.18 | 2.9% +CN¥3.3b | 71.3% | PE221x | |
| 000625 Chongqing Changan Automobile | CN¥11.84 | 1.2% +CN¥1.4b | -11.4% | PE18x | |
| 600733 BAIC BluePark New Energy TechnologyLtd | CN¥6.77 | 2.4% +CN¥891.8m | 32.7% | PS3.1x | |
| 603529 AIMA Technology Group | CN¥31.29 | 2.3% +CN¥611.8m | 11.7% | PE13.9x |
