Header cover image

Chinese (SSE) Consumer Durables Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies112
  • 7D-1.4%
  • 3M-9.2%
  • 1Y-3.2%
  • YTD2.5%

Over the last 7 days, the Consumer Durables industry has dropped 2.8%, driven by a pullback from Midea Group of 2.0%. Overall the industry is down 3.6% in 12 months. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Chinese Consumer Durables Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jul 2024CN¥1.6tCN¥1.5tCN¥116.1b18.7x13.7x1x
Thu, 20 Jun 2024CN¥1.7tCN¥1.5tCN¥116.2b21x14.8x1.1x
Sat, 18 May 2024CN¥1.9tCN¥1.5tCN¥116.3b23.7x16.2x1.2x
Mon, 15 Apr 2024CN¥1.7tCN¥1.5tCN¥111.6b22.7x15.2x1.1x
Wed, 13 Mar 2024CN¥1.7tCN¥1.5tCN¥108.9b22.2x15.5x1.2x
Fri, 09 Feb 2024CN¥1.5tCN¥1.5tCN¥109.3b20.1x14.1x1.1x
Sun, 07 Jan 2024CN¥1.6tCN¥1.5tCN¥108.4b23.6x14.3x1.1x
Tue, 05 Dec 2023CN¥1.6tCN¥1.5tCN¥108.4b24.8x14.3x1.1x
Thu, 02 Nov 2023CN¥1.6tCN¥1.5tCN¥106.9b23.9x14.9x1.1x
Sat, 30 Sep 2023CN¥1.6tCN¥1.4tCN¥104.9b25.7x15.6x1.1x
Mon, 28 Aug 2023CN¥1.6tCN¥1.6tCN¥99.5b24.1x16.4x1x
Wed, 26 Jul 2023CN¥1.8tCN¥1.6tCN¥98.8b25.7x18x1.1x
Fri, 23 Jun 2023CN¥1.7tCN¥1.6tCN¥98.9b23.9x17.4x1.1x
Sun, 21 May 2023CN¥1.7tCN¥1.6tCN¥97.6b25.1x17.1x1.1x
Tue, 18 Apr 2023CN¥1.8tCN¥1.6tCN¥98.3b23.5x17.8x1.1x
Thu, 16 Mar 2023CN¥1.7tCN¥1.6tCN¥99.4b25.1x17x1.1x
Sat, 11 Feb 2023CN¥1.7tCN¥1.6tCN¥99.2b24.7x17.3x1.1x
Mon, 09 Jan 2023CN¥1.6tCN¥1.6tCN¥99.0b23.8x16.7x1x
Wed, 07 Dec 2022CN¥1.6tCN¥1.6tCN¥98.8b22.7x16.1x1x
Fri, 04 Nov 2022CN¥1.4tCN¥1.6tCN¥98.3b21.2x14.5x0.9x
Sun, 02 Oct 2022CN¥1.5tCN¥1.6tCN¥98.8b24.5x15.4x0.9x
Tue, 30 Aug 2022CN¥1.6tCN¥1.6tCN¥100.7b26.2x16.1x1x
Thu, 28 Jul 2022CN¥1.7tCN¥1.6tCN¥101.1b28.8x16.8x1.1x
Sat, 25 Jun 2022CN¥1.8tCN¥1.6tCN¥101.6b30.1x17.6x1.1x
Mon, 23 May 2022CN¥1.7tCN¥1.6tCN¥101.9b27.8x16.5x1.1x
Wed, 20 Apr 2022CN¥1.6tCN¥1.6tCN¥106.5b25.8x15.3x1x
Fri, 18 Mar 2022CN¥1.6tCN¥1.5tCN¥107.5b25.4x15.3x1.1x
Sun, 13 Feb 2022CN¥2.0tCN¥1.5tCN¥108.3b26.2x18.2x1.3x
Tue, 11 Jan 2022CN¥2.2tCN¥1.5tCN¥107.8b31x20.2x1.4x
Thu, 09 Dec 2021CN¥2.1tCN¥1.5tCN¥107.4b28.3x19.1x1.4x
Sat, 06 Nov 2021CN¥2.0tCN¥1.5tCN¥107.4b26.8x18.5x1.3x
Mon, 04 Oct 2021CN¥1.9tCN¥1.5tCN¥108.2b27x17.8x1.3x
Wed, 01 Sep 2021CN¥2.1tCN¥1.5tCN¥105.7b29.3x19.7x1.4x
Price to Earnings Ratio

21.3x


Total Market Cap: CN¥2.2tTotal Earnings: CN¥105.7bTotal Revenue: CN¥1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Consumer Durables Industry Price to Earnings3Y Average 16.5x202220232024
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 13.7x which is lower than its 3-year average PE of 16.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Consumer Durables industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Chinese Consumer Discretionary industry?

CN Market0.55%
Consumer Discretionary-1.32%
Consumer Durables-1.43%
Homebuilding0.98%
Home Furnishings-0.96%
Household Appliances-1.17%
Consumer Electronics-3.22%
Housewares and Specialties-4.24%
Industry PE
  • Investors are most optimistic about the Housewares and Specialties industry even though it's trading below its 3-year average PE ratio of 64.8x.
    • Analysts expect its future annual earnings growth (31.5%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 150% over the next 5 years.
  • In contrast, the Household Appliances industry is expected to see its earnings grow by 10% 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
002150 Jiangsu Tongrun Equipment TechnologyLtdCN¥14.427.1%
+CN¥347.5m
-11.7%PE80.4x
002779 Zhejiang Zhongjian TechnologyLtdCN¥28.358.1%
+CN¥281.2m
14.6%PE66.6x
301061 MotoMotion ChinaCN¥41.502.1%
+CN¥141.4m
30.3%PE15.3x
001323 De Rucci Healthy SleepCN¥28.491.0%
+CN¥116.0m
-22.8%PE14.2x
001238 Zhejiang ZhengteCN¥20.662.5%
+CN¥56.1m
-11.9%PE134.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

600690

CN¥25.80

Haier Smart Home

7D

-3.6%

1Y

8.2%

002779

CN¥28.35

Zhejiang Zhongjian TechnologyLtd

7D

8.1%

1Y

14.6%

002429

CN¥4.61

Shenzhen MTC

7D

-9.4%

1Y

-15.3%

001323

CN¥28.49

De Rucci Healthy Sleep

7D

1.0%

1Y

-22.8%

001238

CN¥20.66

Zhejiang Zhengte

7D

2.5%

1Y

-11.9%

002444

CN¥24.41

Hangzhou Greatstar Industrial

7D

-6.8%

1Y

5.4%

002420

CN¥5.14

Guangzhou Echom Sci.&Tech.Co.Ltd

7D

2.2%

1Y

-18.0%

000333

CN¥62.38

Midea Group

7D

-2.9%

1Y

5.8%

002150

CN¥14.42

Jiangsu Tongrun Equipment TechnologyLtd

7D

7.1%

1Y

-11.7%

600060

CN¥20.08

Hisense Visual Technology

7D

-8.7%

1Y

-11.3%