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Chinese (SSE) Household Appliances Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies52
- 7D-2.7%
- 3M14.3%
- 1Y23.4%
- YTDn/a
Over the last 7 days, the Household Appliances industry has dropped 2.1%, driven by a pullback from Midea Group of 2.7%. Meanwhile, Zhenjiang Dongfang Electric Heating TechnologyLtd actually outperformed within the industry, gaining 8.5% in the last week. This takes the industry's 12 month performance to a gain of 22%. Earnings are forecast to grow by 11% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥1.5t | CN¥1.2t | CN¥106.9b | 22.2x | 13.6x | 1.2x |
| Sat, 19 Oct 2024 | CN¥1.5t | CN¥1.2t | CN¥106.0b | 19.8x | 14.5x | 1.3x |
| Mon, 16 Sep 2024 | CN¥1.3t | CN¥1.2t | CN¥106.0b | 17.4x | 12.1x | 1.1x |
| Wed, 14 Aug 2024 | CN¥1.2t | CN¥1.2t | CN¥102.5b | 17.1x | 12x | 1x |
| Fri, 12 Jul 2024 | CN¥1.3t | CN¥1.2t | CN¥102.5b | 18.4x | 12.5x | 1.1x |
| Sun, 09 Jun 2024 | CN¥1.4t | CN¥1.2t | CN¥102.5b | 19.9x | 13.4x | 1.2x |
| Tue, 07 May 2024 | CN¥1.5t | CN¥1.2t | CN¥102.8b | 21.9x | 14.4x | 1.3x |
| Thu, 04 Apr 2024 | CN¥1.3t | CN¥1.1t | CN¥97.5b | 20.6x | 13.5x | 1.2x |
| Sat, 02 Mar 2024 | CN¥1.3t | CN¥1.1t | CN¥94.9b | 18.8x | 13.3x | 1.1x |
| Mon, 29 Jan 2024 | CN¥1.2t | CN¥1.1t | CN¥94.8b | 18.7x | 12.2x | 1x |
| Wed, 27 Dec 2023 | CN¥1.1t | CN¥1.1t | CN¥94.9b | 19.7x | 11.7x | 1x |
| Fri, 24 Nov 2023 | CN¥1.2t | CN¥1.1t | CN¥94.9b | 22.1x | 12.3x | 1x |
| Sun, 22 Oct 2023 | CN¥1.1t | CN¥1.1t | CN¥91.8b | 21.5x | 12.5x | 1x |
| Tue, 19 Sep 2023 | CN¥1.2t | CN¥1.1t | CN¥91.7b | 23x | 13.2x | 1.1x |
| Thu, 17 Aug 2023 | CN¥1.2t | CN¥1.1t | CN¥87.5b | 22.1x | 13.7x | 1.1x |
| Sat, 15 Jul 2023 | CN¥1.2t | CN¥1.1t | CN¥87.5b | 23.9x | 14.2x | 1.2x |
| Mon, 12 Jun 2023 | CN¥1.2t | CN¥1.1t | CN¥87.5b | 22.3x | 13.6x | 1.1x |
| Wed, 10 May 2023 | CN¥1.2t | CN¥1.1t | CN¥87.3b | 20.8x | 13.4x | 1.1x |
| Fri, 07 Apr 2023 | CN¥1.2t | CN¥1.1t | CN¥86.8b | 21.8x | 13.8x | 1.1x |
| Sun, 05 Mar 2023 | CN¥1.3t | CN¥1.1t | CN¥86.7b | 24.3x | 14.7x | 1.2x |
| Tue, 31 Jan 2023 | CN¥1.2t | CN¥1.1t | CN¥86.3b | 22.7x | 14.3x | 1.1x |
| Thu, 29 Dec 2022 | CN¥1.1t | CN¥1.1t | CN¥86.3b | 20.6x | 13.2x | 1.1x |
| Sat, 26 Nov 2022 | CN¥1.1t | CN¥1.1t | CN¥86.3b | 20.4x | 12.5x | 1x |
| Mon, 24 Oct 2022 | CN¥1.0t | CN¥1.1t | CN¥84.7b | 19.8x | 12.2x | 1x |
| Wed, 21 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥84.5b | 22.2x | 13.7x | 1.1x |
| Fri, 19 Aug 2022 | CN¥1.2t | CN¥1.1t | CN¥81.9b | 25.2x | 14.1x | 1.1x |
| Sun, 17 Jul 2022 | CN¥1.2t | CN¥1.1t | CN¥81.9b | 27x | 14.7x | 1.1x |
| Tue, 14 Jun 2022 | CN¥1.2t | CN¥1.1t | CN¥81.9b | 25.1x | 14.1x | 1.1x |
| Thu, 12 May 2022 | CN¥1.2t | CN¥1.1t | CN¥81.8b | 24.2x | 14.6x | 1.1x |
| Sat, 09 Apr 2022 | CN¥1.2t | CN¥1.0t | CN¥80.8b | 21.6x | 14.4x | 1.2x |
| Mon, 07 Mar 2022 | CN¥1.3t | CN¥999.5b | CN¥81.2b | 20.8x | 15.9x | 1.3x |
| Wed, 02 Feb 2022 | CN¥1.4t | CN¥995.4b | CN¥81.6b | 20.7x | 17.4x | 1.4x |
| Fri, 31 Dec 2021 | CN¥1.5t | CN¥992.8b | CN¥81.3b | 24.4x | 18.2x | 1.5x |
| Sun, 28 Nov 2021 | CN¥1.4t | CN¥992.3b | CN¥81.2b | 24.5x | 17.6x | 1.4x |
Price to Earnings Ratio
17.6x
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 13.9x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Household Appliances industry have grown 9.6% per year over the last three years.
- Revenues for these companies have grown 6.3% 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 | -3.39% | |
| Consumer Discretionary | -2.72% | |
| Consumer Durables | -2.66% | |
| Household Appliances | -2.68% | |
| Homebuilding | 5.81% | |
| Housewares and Specialties | 1.54% | |
| Consumer Electronics | -1.87% | |
| Home Furnishings | -5.00% | |
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 | |
|---|---|---|---|---|---|
| 002759 Tonze New Energy TechnologyLtd | CN¥10.88 | 20.5% +CN¥909.8m | -7.4% | PS2.7x | |
| 300249 Yimikang Tech.Group | CN¥11.16 | 21.4% +CN¥867.8m | 13.5% | PS5.2x | |
| 300217 Zhenjiang Dongfang Electric Heating TechnologyLtd | CN¥5.72 | 9.6% +CN¥734.1m | -4.0% | PE24.8x | |
| 002681 Shenzhen Fenda Technology | CN¥5.71 | 5.5% +CN¥540.5m | 4.2% | PE308.1x | |
| 002444 Hangzhou Greatstar Industrial | CN¥28.07 | 1.5% +CN¥489.7m | 34.0% | PE15.8x |
