Offcn Education Technology Co., Ltd. (SZSE:002607) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Aug 04
Chinese (SSE) Consumer Services Industry Analysis
UpdatedAug 14, 2024
DataAggregated Company Financials
Companies16
- 7D-9.8%
- 3M-19.8%
- 1Y-36.4%
- YTD-34.8%
Over the last 7 days, the Consumer Services industry has dropped 9.8%, driven by Offcn Education Technology declining 19%. On the other hand Shenzhen Jiang&Associates Creative Design is actually up 6.9%. The industry has fallen 36% in the last year. As for the next few years, earnings are expected to grow by 50% per annum.
Industry Valuation and Performance
Has the Chinese Consumer Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 14 Aug 2024 | CN¥53.8b | CN¥34.3b | CN¥3.2m | 34.7x | 16862.4x | 1.6x |
| Fri, 12 Jul 2024 | CN¥49.2b | CN¥34.3b | CN¥3.2m | 31.6x | 15442.7x | 1.4x |
| Sun, 09 Jun 2024 | CN¥54.4b | CN¥34.3b | CN¥3.2m | 36.2x | 17057.8x | 1.6x |
| Tue, 07 May 2024 | CN¥68.9b | CN¥34.0b | -CN¥75,761,014.00 | 42.9x | -909.3x | 2x |
| Thu, 04 Apr 2024 | CN¥72.8b | CN¥33.3b | -CN¥17,251,751.00 | 37.8x | -4221.5x | 2.2x |
| Sat, 02 Mar 2024 | CN¥76.6b | CN¥33.3b | -CN¥19,360,391.00 | 42.3x | -3955.1x | 2.3x |
| Mon, 29 Jan 2024 | CN¥82.3b | CN¥33.3b | -CN¥8,919,750.00 | 42.4x | -9221.8x | 2.5x |
| Wed, 27 Dec 2023 | CN¥82.4b | CN¥33.3b | -CN¥8,919,750.00 | 40.6x | -9235.5x | 2.5x |
| Fri, 24 Nov 2023 | CN¥90.0b | CN¥33.3b | -CN¥8,919,750.00 | 37.9x | -10089x | 2.7x |
| Sun, 22 Oct 2023 | CN¥79.3b | CN¥33.4b | -CN¥57,445,981.00 | 32.3x | -1381.2x | 2.4x |
| Tue, 19 Sep 2023 | CN¥83.2b | CN¥33.4b | -CN¥65,563,303.00 | 35x | -1269.2x | 2.5x |
| Thu, 17 Aug 2023 | CN¥86.8b | CN¥32.3b | -CN¥711,490,987.00 | 38.8x | -122x | 2.7x |
| Sat, 15 Jul 2023 | CN¥92.7b | CN¥32.3b | -CN¥711,490,987.00 | 39.4x | -130.3x | 2.9x |
| Mon, 12 Jun 2023 | CN¥96.8b | CN¥32.3b | -CN¥711,490,987.00 | 43.7x | -136.1x | 3x |
| Wed, 10 May 2023 | CN¥88.6b | CN¥31.8b | -CN¥863,269,279.00 | 40.7x | -102.6x | 2.8x |
| Fri, 07 Apr 2023 | CN¥86.1b | CN¥31.9b | -CN¥4,226,974,540.00 | 58.1x | -20.4x | 2.7x |
| Sun, 05 Mar 2023 | CN¥95.6b | CN¥31.9b | -CN¥4,226,942,151.00 | 63x | -22.6x | 3x |
| Tue, 31 Jan 2023 | CN¥93.5b | CN¥31.9b | -CN¥4,226,942,151.00 | 59.2x | -22.1x | 2.9x |
| Thu, 29 Dec 2022 | CN¥81.1b | CN¥31.9b | -CN¥4,226,942,151.00 | 54.6x | -19.2x | 2.5x |
| Sat, 26 Nov 2022 | CN¥83.2b | CN¥31.9b | -CN¥4,226,942,153.00 | 56.8x | -19.7x | 2.6x |
| Mon, 24 Oct 2022 | CN¥75.0b | CN¥31.5b | -CN¥5,413,998,404.00 | 47.5x | -13.9x | 2.4x |
| Wed, 21 Sep 2022 | CN¥73.1b | CN¥31.5b | -CN¥5,413,998,404.00 | 47x | -13.5x | 2.3x |
| Fri, 19 Aug 2022 | CN¥76.4b | CN¥33.7b | -CN¥4,810,579,697.00 | 48.4x | -15.9x | 2.3x |
| Sun, 17 Jul 2022 | CN¥76.3b | CN¥33.8b | -CN¥4,827,099,304.00 | 36.6x | -15.8x | 2.3x |
| Tue, 14 Jun 2022 | CN¥83.9b | CN¥33.8b | -CN¥4,827,099,304.00 | 36.4x | -17.4x | 2.5x |
| Thu, 12 May 2022 | CN¥73.5b | CN¥33.8b | -CN¥4,827,099,304.00 | 36.9x | -15.2x | 2.2x |
| Sat, 09 Apr 2022 | CN¥87.1b | CN¥37.6b | CN¥454.4m | 38.1x | 191.7x | 2.3x |
| Mon, 07 Mar 2022 | CN¥102.0b | CN¥37.5b | CN¥445.8m | 39.5x | 228.8x | 2.7x |
| Wed, 02 Feb 2022 | CN¥92.1b | CN¥37.5b | CN¥445.8m | 36.4x | 206.5x | 2.5x |
| Fri, 31 Dec 2021 | CN¥106.3b | CN¥37.5b | CN¥445.8m | 39.1x | 238.5x | 2.8x |
| Sun, 28 Nov 2021 | CN¥117.1b | CN¥37.5b | CN¥445.8m | 35.1x | 262.6x | 3.1x |
| Tue, 26 Oct 2021 | CN¥124.1b | CN¥39.7b | CN¥3.0b | 31.4x | 41x | 3.1x |
| Thu, 23 Sep 2021 | CN¥129.9b | CN¥39.7b | CN¥3.0b | 32.3x | 42.9x | 3.3x |
| Sat, 21 Aug 2021 | CN¥124.0b | CN¥39.7b | CN¥3.0b | 34.6x | 40.9x | 3.1x |
Price to Earnings Ratio
40.9x
Current Industry PE
- Investors are optimistic on the Chinese Consumer Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17kx which is higher than its 3-year average PE of 17.9x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Consumer Services industry have declined 90% per year over the last three years,
- Revenues have also declined 4.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | -0.68% | |
| Consumer Discretionary | -1.35% | |
| Consumer Services | -9.80% | |
| Specialized Consumer Services | 1.60% | |
| Education Services | -13.88% | |
Industry PE
- Investors are most optimistic about the Specialized Consumer Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 22.3%, which is lower than the prior year's growth of 30.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Education Services industry, expecting annual earnings growth of 54% over the next 5 years.
- However this is lower than its past earnings growth rate of 87% per year.
- In contrast, the Specialized Consumer Services industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 002713 Dong Yi Ri Sheng Home Decoration GroupLtd | CN¥2.63 | 7.8% +CN¥79.7m | -68.1% | PS0.4x | |
| 301365 Matrix Design | CN¥10.79 | 4.1% +CN¥75.6m | -41.4% | PE89.5x | |
| 603377 Eastern Pioneer Driving School | CN¥1.54 | 6.2% +CN¥64.3m | -78.6% | PS1.1x | |
| 002830 Shenzhen Mingdiao DecorationLtd | CN¥9.90 | 1.7% +CN¥22.6m | -25.1% | PE27.4x | |
| 300668 Shenzhen Jiang&Associates Creative Design | CN¥17.00 | 1.0% +CN¥18.9m | -8.1% | PE47.2x |