Chinese (SSE) Consumer Durables Industry Analysis
UpdatedNov 26, 2022
DataAggregated Company Financials
Companies108
- 7D-1.4%
- 3M-7.0%
- 1Y-24.9%
- YTD-28.8%
Over the last 7 days, the Consumer Durables industry has dropped 2.9%, driven by Midea Group declining 3.5%. In contrast, China Railway Prefabricated Construction has gained 39%. The industry has fallen 26% in the last year. As for the next few years, earnings are expected to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | CN¥1.5t | CN¥1.6t | CN¥98.4b | 21.9x | 15.4x | 0.9x |
| Tue, 25 Oct 2022 | CN¥1.4t | CN¥1.6t | CN¥99.0b | 22.5x | 14.6x | 0.9x |
| Thu, 22 Sep 2022 | CN¥1.6t | CN¥1.6t | CN¥98.8b | 24.9x | 16.2x | 1x |
| Sat, 20 Aug 2022 | CN¥1.6t | CN¥1.6t | CN¥101.2b | 27.3x | 16.3x | 1x |
| Mon, 18 Jul 2022 | CN¥1.7t | CN¥1.6t | CN¥101.1b | 28.6x | 16.5x | 1x |
| Wed, 15 Jun 2022 | CN¥1.6t | CN¥1.6t | CN¥100.9b | 27.5x | 16.1x | 1x |
| Fri, 13 May 2022 | CN¥1.6t | CN¥1.6t | CN¥101.8b | 26.1x | 16x | 1x |
| Sun, 10 Apr 2022 | CN¥1.6t | CN¥1.5t | CN¥107.8b | 24.8x | 15.2x | 1.1x |
| Tue, 08 Mar 2022 | CN¥1.7t | CN¥1.5t | CN¥108.9b | 27.3x | 16x | 1.1x |
| Thu, 03 Feb 2022 | CN¥2.0t | CN¥1.5t | CN¥108.1b | 26.5x | 18.5x | 1.3x |
| Sat, 01 Jan 2022 | CN¥2.1t | CN¥1.5t | CN¥107.5b | 29.9x | 19.6x | 1.4x |
| Mon, 29 Nov 2021 | CN¥2.0t | CN¥1.5t | CN¥107.4b | 27.1x | 18.7x | 1.3x |
| Wed, 27 Oct 2021 | CN¥2.0t | CN¥1.5t | CN¥108.9b | 26x | 18.1x | 1.3x |
| Fri, 24 Sep 2021 | CN¥2.0t | CN¥1.5t | CN¥108.8b | 27.6x | 17.9x | 1.3x |
| Sun, 22 Aug 2021 | CN¥2.2t | CN¥1.5t | CN¥105.7b | 28.6x | 20.4x | 1.5x |
| Fri, 09 Jul 2021 | CN¥2.3t | CN¥1.5t | CN¥105.6b | 27.2x | 22.1x | 1.6x |
| Thu, 01 Apr 2021 | CN¥2.4t | CN¥1.4t | CN¥99.8b | 27.7x | 24.4x | 1.7x |
| Sun, 03 Jan 2021 | CN¥2.4t | CN¥1.3t | CN¥86.6b | 31.3x | 27.7x | 1.9x |
| Wed, 07 Oct 2020 | CN¥1.9t | CN¥1.2t | CN¥72.5b | 30.6x | 26.6x | 1.6x |
| Tue, 30 Jun 2020 | CN¥1.7t | CN¥1.2t | CN¥67.2b | 28.3x | 25.5x | 1.5x |
| Fri, 03 Apr 2020 | CN¥1.4t | CN¥1.2t | CN¥70.9b | 26.7x | 20.1x | 1.2x |
| Mon, 06 Jan 2020 | CN¥1.6t | CN¥1.3t | CN¥83.2b | 23.6x | 19.7x | 1.3x |
Price to Earnings Ratio
20.3x
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 15.2x which is lower than its 3-year average PE of 21.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.94x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 11% 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 | -1.52% | |
| Consumer Discretionary | -2.22% | |
| Consumer Durables | -1.37% | |
| Homebuilding | 40.60% | |
| Home Furnishings | 0.24% | |
| Household Appliances | -1.34% | |
| Housewares and Specialties | -2.81% | |
| Consumer Electronics | -3.33% | |
Industry PE
- Investors are most optimistic about the Housewares and Specialties industry, which is trading close to its 3-year average PE ratio of 70.4x.
- Analysts are expecting annual earnings growth of 47.6%, which is lower than the prior year's growth of 75.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 156% over the next 5 years.
- In contrast, the Household Appliances industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 600690 Haier Smart Home | CN¥24.20 | 0.7% +CN¥1.9b | -12.3% | PE15.2x | |
| 300374 China Railway Prefabricated Construction | CN¥16.00 | 40.6% +CN¥1.1b | 35.4% | PS9.7x | |
| 2150 Jiangsu Tongrun Equipment TechnologyLtd | CN¥12.72 | 33.2% +CN¥1.1b | 109.2% | PE26.6x | |
| 2508 Hangzhou Robam Appliances | CN¥25.46 | 1.8% +CN¥415.4m | -20.4% | PE19.7x | |
| 1323 De Rucci Healthy Sleep | CN¥34.00 | 2.7% +CN¥360.0m | n/a | PE19.5x |