Chinese (SSE) General Merchanise and Department Stores Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies36
- 7D1.1%
- 3M5.8%
- 1Y-4.3%
- YTD-8.8%
In the last week, the General Merchanise and Department Stores industry is up 1.1%, with Ccoop Group up 28%. During this same period, the Wangfujing Group underperformed, falling 8.9%. However, the industry is down 4.3% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Chinese General Merchanise and Department Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 27 Nov 2022 | CN¥230.7b | CN¥142.0b | CN¥7.3b | 30x | 31.8x | 1.6x |
| Tue, 25 Oct 2022 | CN¥202.2b | CN¥143.8b | CN¥7.9b | 25.3x | 25.6x | 1.4x |
| Thu, 22 Sep 2022 | CN¥219.5b | CN¥143.5b | CN¥7.7b | 29.7x | 28.4x | 1.5x |
| Sat, 20 Aug 2022 | CN¥211.1b | CN¥147.9b | CN¥8.7b | 30.7x | 24.3x | 1.4x |
| Mon, 18 Jul 2022 | CN¥219.5b | CN¥150.9b | CN¥8.7b | 30x | 25.2x | 1.5x |
| Wed, 15 Jun 2022 | CN¥228.9b | CN¥150.9b | CN¥8.7b | 34.4x | 26.3x | 1.5x |
| Fri, 13 May 2022 | CN¥235.6b | CN¥151.1b | CN¥4.6b | 35.6x | 51.8x | 1.6x |
| Sun, 10 Apr 2022 | CN¥235.7b | CN¥153.0b | CN¥4.8b | 26x | 48.9x | 1.5x |
| Tue, 08 Mar 2022 | CN¥258.8b | CN¥159.8b | CN¥6.1b | 25.8x | 42.3x | 1.6x |
| Thu, 03 Feb 2022 | CN¥261.0b | CN¥159.9b | CN¥5.9b | 24.8x | 44.4x | 1.6x |
| Sat, 01 Jan 2022 | CN¥263.8b | CN¥159.9b | CN¥5.9b | 26.1x | 44.8x | 1.6x |
| Mon, 29 Nov 2021 | CN¥261.5b | CN¥163.6b | CN¥6.1b | 24.3x | 42.6x | 1.6x |
| Wed, 27 Oct 2021 | CN¥249.9b | CN¥161.7b | CN¥6.4b | 20.5x | 38.9x | 1.5x |
| Fri, 24 Sep 2021 | CN¥250.7b | CN¥161.8b | CN¥6.4b | 22.7x | 39.5x | 1.5x |
| Sun, 22 Aug 2021 | CN¥225.0b | CN¥163.6b | CN¥6.5b | 21.3x | 34.7x | 1.4x |
| Fri, 09 Jul 2021 | CN¥240.6b | CN¥163.6b | CN¥6.5b | 21.2x | 37.1x | 1.5x |
| Thu, 01 Apr 2021 | CN¥251.0b | CN¥158.0b | CN¥6.2b | 25x | 40.4x | 1.6x |
| Sun, 03 Jan 2021 | CN¥259.3b | CN¥148.5b | CN¥2.4b | 36.9x | 109.8x | 1.7x |
| Wed, 07 Oct 2020 | CN¥285.4b | CN¥195.8b | CN¥5.9b | 33.3x | 48.5x | 1.5x |
| Tue, 30 Jun 2020 | CN¥278.0b | CN¥218.1b | CN¥7.4b | 28x | 37.7x | 1.3x |
| Fri, 03 Apr 2020 | CN¥228.9b | CN¥258.2b | CN¥8.7b | 22.6x | 26.4x | 0.9x |
| Mon, 06 Jan 2020 | CN¥252.8b | CN¥312.1b | CN¥13.3b | 16.2x | 19.1x | 0.8x |
Price to Earnings Ratio
15.2x
Current Industry PE
- Investors are pessimistic on the Chinese Multiline Retail 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 31.8x which is lower than its 3-year average PE of 41.0x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Multiline Retail industry have declined 15% per year over the last three years,
- Revenues have also declined 22% 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 | -1.52% | |
| Consumer Discretionary | -2.22% | |
| General Merchanise and Department Stores | 1.08% | |
| Department Stores | 1.58% | |
| General Merchandise Stores | -3.12% | |
Industry PE
- Investors are most optimistic about the General Merchandise Stores industry which is trading above its 3-year average PE ratio of 53.4x.
- Analysts are expecting annual earnings growth of 43.0%, which is higher than its past year's earnings decline of 18.7% per year.
- Investors are most pessimistic about the Department Stores industry, which is trading below its 3-year average of 39.9x.
Forecasted Growth
- Analysts are most optimistic on the General Merchandise Stores industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Department Stores industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| 564 Ccoop Group | CN¥2.03 | 27.7% +CN¥8.4b | 46.5% | PS28x | |
| 600694 Dashang | CN¥17.13 | 1.2% +CN¥59.8m | -9.4% | PE9.5x | |
| 600828 Maoye Commercial | CN¥3.40 | 0.6% +CN¥34.6m | -0.3% | PE46.5x | |
| 601366 Liqun Commercial GroupLtd | CN¥5.84 | 0.3% +CN¥17.0m | -2.0% | PS0.6x | |
| 419 Changsha Tongcheng HoldingsLtd | CN¥5.23 | 0.2% +CN¥5.4m | 23.3% | PE16.5x |