Chinese (SSE) Consumer Durables Industry Analysis
UpdatedSep 28, 2023
DataAggregated Company Financials
Companies112
- 7D-0.6%
- 3M-3.6%
- 1Y4.8%
- YTD3.4%
Over the last 7 days, the Consumer Durables industry has remained flat, although notably DBG Technology gained 26%. As for the the longer term, the industry is up 3.3% over the past 12 months. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Chinese Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Sep 2023 | CN¥1.6t | CN¥1.4t | CN¥104.9b | 25.5x | 15.6x | 1.1x |
| Sat, 26 Aug 2023 | CN¥1.6t | CN¥1.6t | CN¥99.6b | 23.7x | 16.4x | 1x |
| Mon, 24 Jul 2023 | CN¥1.7t | CN¥1.6t | CN¥98.8b | 24.7x | 17.5x | 1.1x |
| Wed, 21 Jun 2023 | CN¥1.7t | CN¥1.6t | CN¥98.9b | 25.5x | 17.6x | 1.1x |
| Fri, 19 May 2023 | CN¥1.6t | CN¥1.6t | CN¥97.7b | 24.2x | 16.9x | 1x |
| Sun, 16 Apr 2023 | CN¥1.7t | CN¥1.6t | CN¥98.3b | 23x | 17.4x | 1.1x |
| Tue, 14 Mar 2023 | CN¥1.7t | CN¥1.6t | CN¥99.4b | 25.1x | 17.1x | 1.1x |
| Thu, 09 Feb 2023 | CN¥1.7t | CN¥1.6t | CN¥99.2b | 24.5x | 17.2x | 1.1x |
| Sat, 07 Jan 2023 | CN¥1.6t | CN¥1.6t | CN¥99.0b | 23.8x | 16.7x | 1x |
| Mon, 05 Dec 2022 | CN¥1.5t | CN¥1.6t | CN¥98.8b | 22.7x | 15.7x | 1x |
| Wed, 02 Nov 2022 | CN¥1.4t | CN¥1.6t | CN¥98.3b | 20.8x | 14.3x | 0.9x |
| Fri, 30 Sep 2022 | CN¥1.5t | CN¥1.6t | CN¥98.8b | 25.2x | 15.6x | 1x |
| Sun, 28 Aug 2022 | CN¥1.6t | CN¥1.6t | CN¥100.7b | 26.7x | 16.1x | 1x |
| Tue, 26 Jul 2022 | CN¥1.7t | CN¥1.6t | CN¥101.1b | 27.8x | 16.7x | 1.1x |
| Thu, 23 Jun 2022 | CN¥1.7t | CN¥1.6t | CN¥100.9b | 29.2x | 16.9x | 1.1x |
| Sat, 21 May 2022 | CN¥1.7t | CN¥1.6t | CN¥101.9b | 27.8x | 16.5x | 1.1x |
| Mon, 18 Apr 2022 | CN¥1.7t | CN¥1.6t | CN¥106.5b | 25.1x | 15.6x | 1.1x |
| Wed, 16 Mar 2022 | CN¥1.5t | CN¥1.5t | CN¥107.5b | 23.9x | 14.4x | 1x |
| Fri, 11 Feb 2022 | CN¥2.0t | CN¥1.5t | CN¥108.3b | 27.3x | 18.1x | 1.3x |
| Sun, 09 Jan 2022 | CN¥2.2t | CN¥1.5t | CN¥107.8b | 30.5x | 20.1x | 1.4x |
| Tue, 07 Dec 2021 | CN¥2.0t | CN¥1.5t | CN¥107.4b | 27.6x | 18.6x | 1.3x |
| Thu, 04 Nov 2021 | CN¥2.0t | CN¥1.5t | CN¥107.4b | 26.1x | 18.3x | 1.3x |
| Sat, 02 Oct 2021 | CN¥2.0t | CN¥1.5t | CN¥108.8b | 27.1x | 18.1x | 1.3x |
| Mon, 30 Aug 2021 | CN¥2.1t | CN¥1.5t | CN¥105.7b | 29.3x | 19.4x | 1.4x |
| Tue, 06 Jul 2021 | CN¥2.3t | CN¥1.5t | CN¥105.6b | 27.2x | 22.1x | 1.6x |
| Fri, 09 Apr 2021 | CN¥2.4t | CN¥1.4t | CN¥99.8b | 27.7x | 24.4x | 1.7x |
| Thu, 31 Dec 2020 | CN¥2.4t | CN¥1.3t | CN¥86.6b | 31.3x | 27.7x | 1.9x |
| Sun, 04 Oct 2020 | CN¥1.9t | CN¥1.2t | CN¥72.5b | 30.6x | 26.6x | 1.6x |
Price to Earnings Ratio
26.6x
Current Industry PE
- Investors are pessimistic on the Chinese Consumer Durables 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 15.5x which is lower than its 3-year average PE of 19.8x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 5.8% 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 | 0.41% | |
| Consumer Discretionary | -0.71% | |
| Consumer Durables | -0.58% | |
| Homebuilding | 4.53% | |
| Consumer Electronics | 1.44% | |
| Housewares and Specialties | 0.62% | |
| Household Appliances | -0.67% | |
| Home Furnishings | -2.01% | |
Industry PE
- Investors are most optimistic about the Housewares and Specialties industry, which is trading close to its 3-year average PE ratio of 73.0x.
- Analysts are expecting annual earnings growth of 23.7%, which is higher than its past year's earnings decline of 6.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 151% over the next 5 years.
- In contrast, the Household Appliances industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 300735 DBG Technology | CN¥14.87 | 26.3% +CN¥2.4b | 47.8% | PE39.9x | |
| 688169 Beijing Roborock Technology | CN¥292.49 | 3.9% +CN¥1.4b | 52.9% | PE29.4x | |
| 600060 Hisense Visual Technology | CN¥22.15 | 2.7% +CN¥744.9m | 95.5% | PE13.4x | |
| 2444 Hangzhou Greatstar Industrial | CN¥19.19 | 2.6% +CN¥573.3m | -3.0% | PE13.9x | |
| 801 Sichuan Jiuzhou Electronic | CN¥7.69 | 5.3% +CN¥398.9m | -5.8% | PE41.2x |