Investors Could Be Concerned With GoldenHome Living's (SHSE:603180) Returns On Capital
Apr 17
Chinese (SSE) Home Furnishings Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies27
- 7D-2.6%
- 3M-4.1%
- 1Y-28.7%
- YTDn/a
Over the last 7 days, the Home Furnishings industry has dropped 2.6%, driven by Jason Furniture (Hangzhou)Ltd declining 6.5%. Overall the industry is down 29% in 12 months. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Chinese Home Furnishings Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CN¥160.0b | CN¥115.8b | CN¥8.9b | 23.4x | 17.9x | 1.4x |
| Fri, 22 Mar 2024 | CN¥172.9b | CN¥114.8b | CN¥8.7b | 26.8x | 19.8x | 1.5x |
| Sun, 18 Feb 2024 | CN¥162.3b | CN¥114.8b | CN¥8.7b | 24.5x | 18.6x | 1.4x |
| Tue, 16 Jan 2024 | CN¥176.9b | CN¥114.7b | CN¥8.6b | 27.5x | 20.6x | 1.5x |
| Thu, 14 Dec 2023 | CN¥174.2b | CN¥114.7b | CN¥8.6b | 28.5x | 20.3x | 1.5x |
| Sat, 11 Nov 2023 | CN¥192.9b | CN¥114.0b | CN¥8.5b | 29.6x | 22.7x | 1.7x |
| Mon, 09 Oct 2023 | CN¥204.1b | CN¥113.1b | CN¥8.5b | 29.1x | 24.1x | 1.8x |
| Wed, 06 Sep 2023 | CN¥223.2b | CN¥113.3b | CN¥8.5b | 32.3x | 26.3x | 2x |
| Fri, 04 Aug 2023 | CN¥219.6b | CN¥111.6b | CN¥7.9b | 32.7x | 27.6x | 2x |
| Sun, 02 Jul 2023 | CN¥199.6b | CN¥111.6b | CN¥7.9b | 28.7x | 25.1x | 1.8x |
| Tue, 30 May 2023 | CN¥184.6b | CN¥106.3b | CN¥7.7b | 22.8x | 23.9x | 1.7x |
| Thu, 27 Apr 2023 | CN¥197.8b | CN¥111.8b | CN¥6.9b | 20.4x | 28.6x | 1.8x |
| Sat, 25 Mar 2023 | CN¥225.8b | CN¥113.8b | CN¥5.9b | 25.2x | 38.5x | 2x |
| Mon, 20 Feb 2023 | CN¥229.5b | CN¥114.0b | CN¥5.9b | 26.7x | 38.7x | 2x |
| Wed, 18 Jan 2023 | CN¥235.1b | CN¥113.8b | CN¥5.9b | 27.1x | 39.6x | 2.1x |
| Fri, 16 Dec 2022 | CN¥212.1b | CN¥113.8b | CN¥5.9b | 27.2x | 35.7x | 1.9x |
| Sun, 13 Nov 2022 | CN¥190.1b | CN¥113.4b | CN¥5.9b | 23.4x | 32.3x | 1.7x |
| Tue, 11 Oct 2022 | CN¥198.8b | CN¥113.6b | CN¥5.7b | 23.9x | 35x | 1.8x |
| Thu, 08 Sep 2022 | CN¥220.6b | CN¥113.6b | CN¥5.6b | 26.5x | 39.6x | 1.9x |
| Sat, 06 Aug 2022 | CN¥204.0b | CN¥113.6b | CN¥5.5b | 26.5x | 36.9x | 1.8x |
| Mon, 04 Jul 2022 | CN¥252.7b | CN¥113.6b | CN¥5.5b | 32.2x | 45.7x | 2.2x |
| Wed, 01 Jun 2022 | CN¥200.2b | CN¥107.2b | CN¥4.9b | 31.5x | 41.2x | 1.9x |
| Fri, 29 Apr 2022 | CN¥176.5b | CN¥104.9b | CN¥6.7b | 21.8x | 26.5x | 1.7x |
| Sun, 27 Mar 2022 | CN¥198.0b | CN¥102.0b | CN¥8.5b | 23.1x | 23.3x | 1.9x |
| Tue, 22 Feb 2022 | CN¥230.2b | CN¥101.9b | CN¥8.5b | 26x | 27x | 2.3x |
| Thu, 20 Jan 2022 | CN¥247.1b | CN¥101.7b | CN¥8.5b | 27.5x | 29.1x | 2.4x |
| Sat, 18 Dec 2021 | CN¥228.8b | CN¥101.7b | CN¥8.5b | 27.1x | 27x | 2.2x |
| Mon, 15 Nov 2021 | CN¥220.1b | CN¥101.7b | CN¥8.5b | 24.4x | 25.9x | 2.2x |
| Wed, 13 Oct 2021 | CN¥212.1b | CN¥96.4b | CN¥8.7b | 25.7x | 24.3x | 2.2x |
| Fri, 10 Sep 2021 | CN¥226.9b | CN¥95.0b | CN¥8.5b | 24.9x | 26.6x | 2.4x |
| Sun, 08 Aug 2021 | CN¥227.1b | CN¥95.3b | CN¥5.6b | 24.1x | 40.8x | 2.4x |
| Sat, 01 May 2021 | CN¥265.2b | CN¥87.8b | CN¥5.4b | 26.8x | 49x | 3x |
Price to Earnings Ratio
49x
Current Industry PE
- Investors are pessimistic on the Chinese Home Furnishings 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 17.9x which is lower than its 3-year average PE of 30.9x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Home Furnishings industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 9.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Home Furnishings compare with similar industries?
| CN Market | -0.40% | |
| Consumer Discretionary | -0.46% | |
| Consumer Durables | 4.44% | |
| Home Furnishings | -2.57% | |
| Homebuilding | 27.70% | |
| Household Appliances | 6.20% | |
| Consumer Electronics | 0.52% | |
| Housewares and Specialties | -6.97% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 301376 Ziel Home Furnishing Technology | CN¥26.20 | 15.3% +CN¥1.4b | n/a | PE25.5x | |
| 603610 Keeson Technology | CN¥11.61 | 19.7% +CN¥674.2m | 6.0% | PE19.9x | |
| 603008 Xilinmen FurnitureLtd | CN¥16.93 | 7.2% +CN¥428.3m | -37.5% | PE26.9x | |
| 603898 Guangzhou Holike Creative HomeLtd | CN¥8.78 | 11.7% +CN¥276.2m | -19.6% | PE11.5x | |
| 300616 Guangzhou Shangpin Home Collection | CN¥12.81 | 7.6% +CN¥202.1m | -39.3% | PE35.9x |
