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Chinese (SSE) Consumer Durables Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies112
- 7D9.7%
- 3M5.3%
- 1Y7.9%
- YTD13.5%
Over the last 7 days, the Consumer Durables industry has risen 9.7%, driven by gains from Midea Group of 11%. In the last 12 months, the industry was up 7.9%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Chinese Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | CN¥1.8t | CN¥1.6t | CN¥118.9b | 18.4x | 15.1x | 1.2x |
| Sun, 25 Aug 2024 | CN¥1.6t | CN¥1.6t | CN¥117.7b | 17.8x | 13.4x | 1x |
| Tue, 23 Jul 2024 | CN¥1.6t | CN¥1.5t | CN¥116.1b | 18.7x | 13.7x | 1x |
| Thu, 20 Jun 2024 | CN¥1.7t | CN¥1.5t | CN¥116.2b | 21x | 14.8x | 1.1x |
| Sat, 18 May 2024 | CN¥1.9t | CN¥1.5t | CN¥116.3b | 23.7x | 16.2x | 1.2x |
| Mon, 15 Apr 2024 | CN¥1.7t | CN¥1.5t | CN¥111.6b | 22.7x | 15.2x | 1.1x |
| Wed, 13 Mar 2024 | CN¥1.7t | CN¥1.5t | CN¥108.9b | 22.2x | 15.5x | 1.2x |
| Fri, 09 Feb 2024 | CN¥1.5t | CN¥1.5t | CN¥109.3b | 20.1x | 14.1x | 1.1x |
| Sun, 07 Jan 2024 | CN¥1.6t | CN¥1.5t | CN¥108.4b | 23.6x | 14.3x | 1.1x |
| Tue, 05 Dec 2023 | CN¥1.6t | CN¥1.5t | CN¥108.4b | 24.8x | 14.3x | 1.1x |
| Thu, 02 Nov 2023 | CN¥1.6t | CN¥1.5t | CN¥106.9b | 23.9x | 14.9x | 1.1x |
| Sat, 30 Sep 2023 | CN¥1.6t | CN¥1.4t | CN¥104.9b | 25.7x | 15.6x | 1.1x |
| Mon, 28 Aug 2023 | CN¥1.6t | CN¥1.6t | CN¥99.5b | 24.1x | 16.4x | 1x |
| Wed, 26 Jul 2023 | CN¥1.8t | CN¥1.6t | CN¥98.8b | 25.7x | 18x | 1.1x |
| Fri, 23 Jun 2023 | CN¥1.7t | CN¥1.6t | CN¥98.9b | 23.9x | 17.4x | 1.1x |
| Sun, 21 May 2023 | CN¥1.7t | CN¥1.6t | CN¥97.6b | 25.1x | 17.1x | 1.1x |
| Tue, 18 Apr 2023 | CN¥1.8t | CN¥1.6t | CN¥98.3b | 23.5x | 17.8x | 1.1x |
| Thu, 16 Mar 2023 | CN¥1.7t | CN¥1.6t | CN¥99.4b | 25.1x | 17x | 1.1x |
| Sat, 11 Feb 2023 | CN¥1.7t | CN¥1.6t | CN¥99.2b | 24.7x | 17.3x | 1.1x |
| Mon, 09 Jan 2023 | CN¥1.6t | CN¥1.6t | CN¥99.0b | 23.8x | 16.7x | 1x |
| Wed, 07 Dec 2022 | CN¥1.6t | CN¥1.6t | CN¥98.8b | 22.7x | 16.1x | 1x |
| Fri, 04 Nov 2022 | CN¥1.4t | CN¥1.6t | CN¥98.3b | 21.2x | 14.5x | 0.9x |
| Sun, 02 Oct 2022 | CN¥1.5t | CN¥1.6t | CN¥98.8b | 24.5x | 15.4x | 0.9x |
| Tue, 30 Aug 2022 | CN¥1.6t | CN¥1.6t | CN¥100.7b | 26.2x | 16.1x | 1x |
| Thu, 28 Jul 2022 | CN¥1.7t | CN¥1.6t | CN¥101.1b | 28.8x | 16.8x | 1.1x |
| Sat, 25 Jun 2022 | CN¥1.8t | CN¥1.6t | CN¥101.6b | 30.1x | 17.6x | 1.1x |
| Mon, 23 May 2022 | CN¥1.7t | CN¥1.6t | CN¥101.9b | 27.8x | 16.5x | 1.1x |
| Wed, 20 Apr 2022 | CN¥1.6t | CN¥1.6t | CN¥106.5b | 25.8x | 15.3x | 1x |
| Fri, 18 Mar 2022 | CN¥1.6t | CN¥1.5t | CN¥107.5b | 25.4x | 15.3x | 1.1x |
| Sun, 13 Feb 2022 | CN¥2.0t | CN¥1.5t | CN¥108.3b | 26.2x | 18.2x | 1.3x |
| Tue, 11 Jan 2022 | CN¥2.2t | CN¥1.5t | CN¥107.8b | 31x | 20.2x | 1.4x |
| Thu, 09 Dec 2021 | CN¥2.1t | CN¥1.5t | CN¥107.4b | 28.3x | 19.1x | 1.4x |
| Sat, 06 Nov 2021 | CN¥2.0t | CN¥1.5t | CN¥107.4b | 26.8x | 18.5x | 1.3x |
| Mon, 04 Oct 2021 | CN¥1.9t | CN¥1.5t | CN¥108.2b | 27x | 17.8x | 1.3x |
Price to Earnings Ratio
17.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Consumer Durables 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 16.2x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | 9.62% | |
| Consumer Discretionary | 8.32% | |
| Consumer Durables | 9.71% | |
| Home Furnishings | 12.14% | |
| Consumer Electronics | 10.88% | |
| Household Appliances | 9.48% | |
| Homebuilding | 6.06% | |
| Housewares and Specialties | 5.99% | |
Industry PE
- Investors are most optimistic about the Consumer Electronics industry which is trading above its 3-year average PE ratio of 36.3x.
- Analysts are expecting annual earnings growth of 24.2%, which is lower than the prior year's growth of 29.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 161% over the next 5 years.
- In contrast, the Household Appliances industry is expected to see its earnings grow by 9.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000333 Midea Group | CN¥73.00 | 10.5% +CN¥51.8b | 31.6% | PE15x | |
| 600690 Haier Smart Home | CN¥30.10 | 10.5% +CN¥26.5b | 27.5% | PE15.4x | |
| 000651 Gree Electric Appliances of Zhuhai | CN¥44.40 | 8.1% +CN¥18.4b | 22.3% | PE8x | |
| 603833 Oppein Home Group | CN¥57.77 | 29.7% +CN¥8.0b | -39.8% | PE12.1x | |
| 000921 Hisense Home Appliances Group | CN¥32.36 | 18.5% +CN¥7.0b | 37.5% | PE13.3x |
