Chinese (SSE) Household Appliances Industry Analysis
UpdatedDec 10, 2023
DataAggregated Company Financials
Companies54
- 7D-1.4%
- 3M-9.3%
- 1Y-9.2%
- YTD-5.8%
Over the last 7 days, the Household Appliances industry has dropped 2.9%, driven by a pullback from Haier Smart Home of 3.0%. Overall the industry is down 6.1% in 12 months. As for the next few years, earnings are expected to grow by 12% 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, 11 Dec 2023 | CN¥1.1t | CN¥1.1t | CN¥94.9b | 20.1x | 11.7x | 1x |
| Wed, 08 Nov 2023 | CN¥1.2t | CN¥1.1t | CN¥94.9b | 22.6x | 12.3x | 1x |
| Fri, 06 Oct 2023 | CN¥1.2t | CN¥1.1t | CN¥91.8b | 23.3x | 13.2x | 1.1x |
| Sun, 03 Sep 2023 | CN¥1.2t | CN¥1.1t | CN¥91.5b | 23.1x | 13.5x | 1.1x |
| Tue, 01 Aug 2023 | CN¥1.3t | CN¥1.1t | CN¥87.5b | 23x | 14.7x | 1.2x |
| Thu, 29 Jun 2023 | CN¥1.3t | CN¥1.1t | CN¥87.5b | 23.1x | 14.4x | 1.2x |
| Sat, 27 May 2023 | CN¥1.2t | CN¥1.1t | CN¥87.5b | 22.7x | 13.4x | 1.1x |
| Mon, 24 Apr 2023 | CN¥1.2t | CN¥1.1t | CN¥86.9b | 20.9x | 14.4x | 1.2x |
| Wed, 22 Mar 2023 | CN¥1.2t | CN¥1.1t | CN¥86.8b | 22.9x | 13.9x | 1.1x |
| Fri, 17 Feb 2023 | CN¥1.2t | CN¥1.1t | CN¥86.5b | 22.4x | 14.1x | 1.1x |
| Sun, 15 Jan 2023 | CN¥1.2t | CN¥1.1t | CN¥86.3b | 21.8x | 14.2x | 1.1x |
| Tue, 13 Dec 2022 | CN¥1.2t | CN¥1.1t | CN¥86.3b | 22x | 13.6x | 1.1x |
| Thu, 10 Nov 2022 | CN¥1.0t | CN¥1.1t | CN¥86.3b | 19.8x | 11.8x | 1x |
| Sat, 08 Oct 2022 | CN¥1.1t | CN¥1.1t | CN¥84.5b | 20.7x | 13x | 1x |
| Mon, 05 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥84.6b | 22.5x | 13.8x | 1.1x |
| Wed, 03 Aug 2022 | CN¥1.2t | CN¥1.1t | CN¥81.9b | 24.7x | 14.2x | 1.1x |
| Fri, 01 Jul 2022 | CN¥1.3t | CN¥1.1t | CN¥81.9b | 27.7x | 15.9x | 1.2x |
| Sun, 29 May 2022 | CN¥1.2t | CN¥1.1t | CN¥81.8b | 24.6x | 14.2x | 1.1x |
| Tue, 26 Apr 2022 | CN¥1.1t | CN¥1.0t | CN¥81.1b | 25.8x | 14x | 1.1x |
| Thu, 24 Mar 2022 | CN¥1.2t | CN¥999.3b | CN¥81.2b | 18.6x | 14.4x | 1.2x |
| Sat, 19 Feb 2022 | CN¥1.4t | CN¥997.1b | CN¥81.7b | 20.1x | 17.2x | 1.4x |
| Mon, 17 Jan 2022 | CN¥1.5t | CN¥995.4b | CN¥81.6b | 22.3x | 17.8x | 1.5x |
| Wed, 15 Dec 2021 | CN¥1.5t | CN¥992.4b | CN¥81.2b | 25.2x | 18x | 1.5x |
| Fri, 12 Nov 2021 | CN¥1.4t | CN¥992.2b | CN¥81.2b | 22.6x | 17.7x | 1.4x |
| Sun, 10 Oct 2021 | CN¥1.4t | CN¥980.6b | CN¥82.6b | 19x | 17.3x | 1.5x |
| Tue, 07 Sep 2021 | CN¥1.5t | CN¥980.5b | CN¥82.6b | 19.8x | 18.1x | 1.5x |
| Thu, 05 Aug 2021 | CN¥1.5t | CN¥981.2b | CN¥82.6b | 21.2x | 18.6x | 1.6x |
| Sun, 09 May 2021 | CN¥1.8t | CN¥947.5b | CN¥80.5b | 23.9x | 22.1x | 1.9x |
| Wed, 10 Feb 2021 | CN¥1.8t | CN¥874.1b | CN¥72.8b | 26.1x | 24.8x | 2.1x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are pessimistic on the Chinese Household Appliances 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 11.7x which is lower than its 3-year average PE of 16.3x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have grown 9.2% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 | -2.03% | |
| Consumer Discretionary | -3.30% | |
| Consumer Durables | -2.20% | |
| Household Appliances | -1.36% | |
| Homebuilding | -2.91% | |
| Consumer Electronics | -3.86% | |
| Housewares and Specialties | -4.77% | |
| Home Furnishings | -4.90% | |
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 | |
|---|---|---|---|---|---|
| 651 Gree Electric Appliances of Zhuhai | CN¥32.88 | 1.2% +CN¥2.1b | -3.0% | PE7x | |
| 688169 Beijing Roborock Technology | CN¥285.98 | 1.2% +CN¥456.4m | 49.6% | PE22.2x | |
| 2032 Zhejiang Supor | CN¥53.38 | 0.3% +CN¥135.5m | 7.8% | PE20.1x | |
| 2543 Guangdong Vanward New Electric | CN¥8.43 | 1.0% +CN¥59.5m | -15.0% | PE11.1x | |
| 300911 Zhejiang Entive Smart Kitchen Appliance | CN¥37.71 | 0.9% +CN¥36.5m | -22.8% | PE18.1x |