Why Investors Shouldn't Be Surprised By Aishida Co., Ltd's (SZSE:002403) 27% Share Price Plunge
Apr 22
Chinese (SSE) Housewares and Specialties Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies13
- 7D-7.0%
- 3M-5.5%
- 1Y10.5%
- YTDn/a
Over the last 7 days, the Housewares and Specialties industry has dropped 7.0%, driven by a pullback from Chahua Modern Housewares of 15%. On the other hand Guangdong Hotata Technology GroupLtd is actually up 10%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Chinese Housewares and Specialties Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | CN¥42.3b | CN¥15.4b | CN¥820.5m | 19.9x | 51.6x | 2.8x |
| Thu, 21 Mar 2024 | CN¥44.5b | CN¥16.6b | CN¥838.9m | 20.5x | 53x | 2.7x |
| Sat, 17 Feb 2024 | CN¥34.2b | CN¥16.5b | CN¥769.0m | 16.7x | 44.5x | 2.1x |
| Mon, 15 Jan 2024 | CN¥45.4b | CN¥15.0b | CN¥569.4m | 22.4x | 79.7x | 3x |
| Wed, 13 Dec 2023 | CN¥43.2b | CN¥15.0b | CN¥569.4m | 22.3x | 75.8x | 2.9x |
| Fri, 10 Nov 2023 | CN¥42.6b | CN¥15.0b | CN¥569.4m | 23.1x | 74.9x | 2.8x |
| Sun, 08 Oct 2023 | CN¥41.3b | CN¥14.9b | CN¥521.9m | 24.1x | 79.1x | 2.8x |
| Tue, 05 Sep 2023 | CN¥43.3b | CN¥14.8b | CN¥556.8m | 25.2x | 77.8x | 2.9x |
| Thu, 03 Aug 2023 | CN¥41.5b | CN¥15.0b | CN¥581.5m | 24.9x | 71.3x | 2.8x |
| Sat, 01 Jul 2023 | CN¥42.5b | CN¥15.2b | CN¥695.3m | 23.4x | 61.1x | 2.8x |
| Mon, 29 May 2023 | CN¥39.6b | CN¥15.1b | CN¥675.1m | 23.4x | 58.7x | 2.6x |
| Wed, 26 Apr 2023 | CN¥37.3b | CN¥16.0b | CN¥499.1m | 20.8x | 74.7x | 2.3x |
| Fri, 24 Mar 2023 | CN¥41.5b | CN¥16.1b | CN¥627.4m | 23.5x | 66.1x | 2.6x |
| Sun, 19 Feb 2023 | CN¥43.3b | CN¥16.1b | CN¥617.3m | 24.5x | 70.1x | 2.7x |
| Tue, 17 Jan 2023 | CN¥40.5b | CN¥16.1b | CN¥617.3m | 23.5x | 65.6x | 2.5x |
| Thu, 15 Dec 2022 | CN¥38.9b | CN¥16.1b | CN¥617.3m | 21.2x | 63.1x | 2.4x |
| Sat, 12 Nov 2022 | CN¥39.5b | CN¥15.2b | CN¥549.8m | 22.2x | 71.9x | 2.6x |
| Mon, 10 Oct 2022 | CN¥36.6b | CN¥14.8b | CN¥512.0m | 22.3x | 71.4x | 2.5x |
| Wed, 07 Sep 2022 | CN¥41.8b | CN¥14.7b | CN¥417.5m | 27.2x | 100x | 2.8x |
| Fri, 05 Aug 2022 | CN¥40.2b | CN¥14.2b | CN¥386.4m | 29.6x | 103.9x | 2.8x |
| Sun, 03 Jul 2022 | CN¥39.5b | CN¥14.2b | CN¥413.0m | 28.4x | 95.6x | 2.8x |
| Tue, 31 May 2022 | CN¥35.9b | CN¥14.2b | CN¥413.0m | 26.6x | 86.9x | 2.5x |
| Thu, 28 Apr 2022 | CN¥32.5b | CN¥14.2b | CN¥550.9m | 28.3x | 59x | 2.3x |
| Sat, 26 Mar 2022 | CN¥38.2b | CN¥13.5b | CN¥791.6m | 32x | 48.2x | 2.8x |
| Mon, 21 Feb 2022 | CN¥40.3b | CN¥13.4b | CN¥824.7m | 33.3x | 48.9x | 3x |
| Wed, 19 Jan 2022 | CN¥42.0b | CN¥13.4b | CN¥824.7m | 35.7x | 50.9x | 3.1x |
| Fri, 17 Dec 2021 | CN¥37.9b | CN¥12.3b | CN¥716.4m | 40.4x | 52.9x | 3.1x |
| Sun, 14 Nov 2021 | CN¥36.3b | CN¥12.3b | CN¥716.4m | 40.5x | 50.6x | 3x |
| Tue, 12 Oct 2021 | CN¥31.6b | CN¥11.7b | CN¥679.5m | 44.8x | 46.5x | 2.7x |
| Thu, 09 Sep 2021 | CN¥34.6b | CN¥12.3b | CN¥746.4m | 45.1x | 46.4x | 2.8x |
| Sat, 07 Aug 2021 | CN¥28.9b | CN¥11.8b | CN¥674.1m | 44.6x | 42.9x | 2.4x |
| Fri, 30 Apr 2021 | CN¥25.4b | CN¥10.2b | CN¥372.4m | 48.2x | 68.2x | 2.5x |
Price to Earnings Ratio
68.2x
Current Industry PE
- Investors are pessimistic on the Chinese Housewares and Specialties 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 51.6x which is lower than its 3-year average PE of 66.0x.
- The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Housewares and Specialties industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 15% 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 Housewares and Specialties compare with similar industries?
| CN Market | -0.40% | |
| Consumer Discretionary | -0.46% | |
| Consumer Durables | 4.44% | |
| Housewares and Specialties | -6.97% | |
| Homebuilding | 27.70% | |
| Household Appliances | 6.20% | |
| Consumer Electronics | 0.52% | |
| Home Furnishings | -2.57% | |
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 | |
|---|---|---|---|---|---|
| 603848 Guangdong Hotata Technology GroupLtd | CN¥15.11 | 10.4% +CN¥573.9m | 12.8% | PE21.5x | |
| 603838 Guang Dong Sitong GroupLtd | CN¥6.19 | 21.4% +CN¥348.8m | 15.1% | PS10.7x | |
| 1216 Hunan Hualian China Industry | CN¥14.00 | 8.1% +CN¥264.5m | 14.8% | n/a | |
| 2615 ZheJiang Haers Vacuum ContainersLtd | CN¥7.40 | 2.1% +CN¥70.0m | 3.1% | PE13.8x | |
| 301193 Ningbo Homelink Eco-iTech | CN¥18.78 | 1.5% +CN¥51.8m | -1.8% | PE36.9x |
