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Apr 22
Chinese (SSE) Household Appliances Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies53
- 7D6.2%
- 3M24.0%
- 1Y10.9%
- YTDn/a
Over the last 7 days, the Household Appliances industry has risen 6.2%, driven by gains from Midea Group of 7.9%. Meanwhile, Tonze New Energy TechnologyLtd actually underperformed within the industry, shrinking 15% in the last week. This means that the industry has gained 11% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Chinese Household Appliances Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥1.4t | CN¥1.1t | CN¥97.5b | 21.8x | 14.2x | 1.2x |
| Wed, 20 Mar 2024 | CN¥1.2t | CN¥1.1t | CN¥94.7b | 18.9x | 13.2x | 1.1x |
| Fri, 16 Feb 2024 | CN¥1.2t | CN¥1.1t | CN¥94.3b | 17x | 12.6x | 1.1x |
| Sun, 14 Jan 2024 | CN¥1.2t | CN¥1.1t | CN¥94.8b | 19.7x | 12.1x | 1x |
| Tue, 12 Dec 2023 | CN¥1.1t | CN¥1.1t | CN¥94.9b | 20.1x | 11.8x | 1x |
| Thu, 09 Nov 2023 | CN¥1.2t | CN¥1.1t | CN¥94.9b | 22.5x | 12.3x | 1x |
| Sat, 07 Oct 2023 | CN¥1.2t | CN¥1.1t | CN¥91.8b | 23.3x | 13.2x | 1.1x |
| Mon, 04 Sep 2023 | CN¥1.2t | CN¥1.1t | CN¥91.5b | 23.1x | 13.5x | 1.1x |
| Wed, 02 Aug 2023 | CN¥1.3t | CN¥1.1t | CN¥87.5b | 23x | 14.5x | 1.2x |
| Fri, 30 Jun 2023 | CN¥1.3t | CN¥1.1t | CN¥87.5b | 23.5x | 14.4x | 1.2x |
| Sun, 28 May 2023 | CN¥1.2t | CN¥1.1t | CN¥87.5b | 22.7x | 13.4x | 1.1x |
| Tue, 25 Apr 2023 | CN¥1.2t | CN¥1.1t | CN¥86.9b | 20.7x | 14.3x | 1.2x |
| Thu, 23 Mar 2023 | CN¥1.2t | CN¥1.1t | CN¥86.8b | 22.9x | 13.8x | 1.1x |
| Sat, 18 Feb 2023 | CN¥1.2t | CN¥1.1t | CN¥86.5b | 22.4x | 14x | 1.1x |
| Mon, 16 Jan 2023 | CN¥1.2t | CN¥1.1t | CN¥86.3b | 21.8x | 14.2x | 1.1x |
| Wed, 14 Dec 2022 | CN¥1.2t | CN¥1.1t | CN¥86.3b | 22.2x | 13.6x | 1.1x |
| Fri, 11 Nov 2022 | CN¥1.0t | CN¥1.1t | CN¥86.3b | 19.8x | 11.8x | 1x |
| Sun, 09 Oct 2022 | CN¥1.1t | CN¥1.1t | CN¥84.5b | 20.7x | 13x | 1x |
| Tue, 06 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥84.7b | 22.8x | 13.8x | 1.1x |
| Thu, 04 Aug 2022 | CN¥1.1t | CN¥1.1t | CN¥81.9b | 24.6x | 13.9x | 1.1x |
| Sat, 02 Jul 2022 | CN¥1.3t | CN¥1.1t | CN¥81.9b | 27.3x | 15.7x | 1.2x |
| Mon, 30 May 2022 | CN¥1.2t | CN¥1.1t | CN¥81.8b | 24.6x | 14.2x | 1.1x |
| Wed, 27 Apr 2022 | CN¥1.1t | CN¥1.0t | CN¥81.1b | 24.9x | 13.6x | 1.1x |
| Fri, 25 Mar 2022 | CN¥1.2t | CN¥999.3b | CN¥81.2b | 18.1x | 14.5x | 1.2x |
| Sun, 20 Feb 2022 | CN¥1.4t | CN¥997.2b | CN¥81.7b | 20.1x | 17.2x | 1.4x |
| Tue, 18 Jan 2022 | CN¥1.5t | CN¥995.4b | CN¥81.6b | 22.5x | 17.9x | 1.5x |
| Thu, 16 Dec 2021 | CN¥1.5t | CN¥992.4b | CN¥81.2b | 25x | 17.9x | 1.5x |
| Sat, 13 Nov 2021 | CN¥1.4t | CN¥992.2b | CN¥81.2b | 23x | 17.6x | 1.4x |
| Mon, 11 Oct 2021 | CN¥1.4t | CN¥980.6b | CN¥82.6b | 19x | 16.4x | 1.4x |
| Wed, 08 Sep 2021 | CN¥1.5t | CN¥980.5b | CN¥82.6b | 19.9x | 17.9x | 1.5x |
| Fri, 06 Aug 2021 | CN¥1.5t | CN¥981.2b | CN¥82.6b | 20.8x | 18.5x | 1.6x |
| Mon, 10 May 2021 | CN¥1.8t | CN¥947.5b | CN¥80.5b | 23.9x | 22.1x | 1.9x |
Price to Earnings Ratio
22.1x
Current Industry PE
- Investors are relatively neutral on the Chinese Household Appliances industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 15.0x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have grown 6.6% per year over the last three years.
- Revenues for these companies have grown 6.5% 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 Household Appliances compare with similar industries?
| CN Market | -0.40% | |
| Consumer Discretionary | -0.46% | |
| Consumer Durables | 4.44% | |
| Household Appliances | 6.20% | |
| Homebuilding | 27.70% | |
| Consumer Electronics | 0.52% | |
| Home Furnishings | -2.57% | |
| 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 | |
|---|---|---|---|---|---|
| 333 Midea Group | CN¥69.98 | 4.7% +CN¥21.5b | 22.7% | PE14.2x | |
| 600690 Haier Smart Home | CN¥28.49 | 4.8% +CN¥12.0b | 26.0% | PE15.8x | |
| 603486 Ecovacs Robotics | CN¥41.38 | 23.7% +CN¥4.6b | -43.8% | PE20.2x | |
| 688169 Beijing Roborock Technology | CN¥382.41 | 8.3% +CN¥3.8b | 76.1% | PE24.5x | |
| 2032 Zhejiang Supor | CN¥60.52 | 3.4% +CN¥1.6b | 16.7% | PE22.1x |
