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Chinese (SSE) Hospitality Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies32
- 7D-3.4%
- 3M25.4%
- 1Y-3.3%
- YTD0.09%
Over the last 7 days, the Hospitality industry has dropped 7.2%, driven by Songcheng Performance DevelopmentLtd declining 4.6%. In contrast, Tongqinglou Catering has gained 6.1%. The industry has fallen 4.1% in the last year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Chinese Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥203.4b | CN¥69.9b | CN¥4.2b | 48.1x | 48.3x | 2.9x |
| Sat, 19 Oct 2024 | CN¥190.8b | CN¥69.7b | CN¥4.4b | 44.6x | 43.7x | 2.7x |
| Mon, 16 Sep 2024 | CN¥160.1b | CN¥69.8b | CN¥4.4b | 38.3x | 36.7x | 2.3x |
| Wed, 14 Aug 2024 | CN¥169.2b | CN¥68.7b | CN¥4.3b | 39.2x | 39.8x | 2.5x |
| Fri, 12 Jul 2024 | CN¥174.1b | CN¥68.7b | CN¥4.3b | 41.2x | 40.7x | 2.5x |
| Sun, 09 Jun 2024 | CN¥186.5b | CN¥68.7b | CN¥4.3b | 42.9x | 43.6x | 2.7x |
| Tue, 07 May 2024 | CN¥200.7b | CN¥68.5b | CN¥4.4b | 38.5x | 45.6x | 2.9x |
| Thu, 04 Apr 2024 | CN¥198.6b | CN¥62.3b | CN¥3.8b | 39.8x | 51.7x | 3.2x |
| Sat, 02 Mar 2024 | CN¥188.4b | CN¥56.5b | CN¥2.9b | 37x | 64.8x | 3.3x |
| Mon, 29 Jan 2024 | CN¥201.8b | CN¥57.7b | CN¥3.2b | 37x | 63.2x | 3.5x |
| Wed, 27 Dec 2023 | CN¥164.3b | CN¥45.8b | CN¥2.3b | 33.1x | 71.6x | 3.6x |
| Fri, 24 Nov 2023 | CN¥177.1b | CN¥45.8b | CN¥2.3b | 35.8x | 77.2x | 3.9x |
| Sun, 22 Oct 2023 | CN¥167.1b | CN¥40.1b | CN¥710.5m | 61.7x | 235.2x | 4.2x |
| Tue, 19 Sep 2023 | CN¥207.0b | CN¥39.6b | CN¥507.8m | 96.7x | 407.7x | 5.2x |
| Thu, 17 Aug 2023 | CN¥203.7b | CN¥34.0b | -CN¥1,400,186,509.00 | 55.7x | -145.5x | 6x |
| Sat, 15 Jul 2023 | CN¥242.8b | CN¥109.5b | -CN¥13,089,432,542.00 | 69.1x | -18.5x | 2.2x |
| Mon, 12 Jun 2023 | CN¥250.2b | CN¥109.4b | -CN¥13,130,011,941.00 | 73.9x | -19.1x | 2.3x |
| Wed, 10 May 2023 | CN¥247.4b | CN¥109.7b | -CN¥13,722,170,334.00 | 61.5x | -18x | 2.3x |
| Fri, 07 Apr 2023 | CN¥273.1b | CN¥109.3b | -CN¥13,865,681,592.00 | 138x | -19.7x | 2.5x |
| Sun, 05 Mar 2023 | CN¥275.2b | CN¥115.4b | -CN¥2,178,628,000.00 | 91x | -126.3x | 2.4x |
| Tue, 31 Jan 2023 | CN¥262.3b | CN¥115.4b | -CN¥2,178,787,471.00 | 85.8x | -120.4x | 2.3x |
| Thu, 29 Dec 2022 | CN¥279.6b | CN¥115.3b | -CN¥2,178,920,149.00 | 98x | -128.3x | 2.4x |
| Sat, 26 Nov 2022 | CN¥226.8b | CN¥115.4b | -CN¥2,175,065,007.00 | 119.5x | -104.3x | 2x |
| Mon, 24 Oct 2022 | CN¥219.9b | CN¥129.9b | -CN¥1,247,560,483.00 | 77.8x | -176.3x | 1.7x |
| Wed, 21 Sep 2022 | CN¥242.1b | CN¥130.0b | -CN¥1,247,696,729.00 | 78.5x | -194.1x | 1.9x |
| Fri, 19 Aug 2022 | CN¥221.2b | CN¥138.9b | CN¥1.7b | 93.4x | 133.1x | 1.6x |
| Sun, 17 Jul 2022 | CN¥241.1b | CN¥139.9b | CN¥1.4b | 96.7x | 175.9x | 1.7x |
| Tue, 14 Jun 2022 | CN¥224.0b | CN¥139.9b | CN¥1.4b | 99.2x | 163.1x | 1.6x |
| Thu, 12 May 2022 | CN¥220.7b | CN¥139.9b | CN¥1.4b | 103.2x | 160.5x | 1.6x |
| Sat, 09 Apr 2022 | CN¥261.8b | CN¥142.4b | -CN¥136,323,032.00 | 96.8x | -1920.8x | 1.8x |
| Mon, 07 Mar 2022 | CN¥260.6b | CN¥139.1b | CN¥7.4b | 64.4x | 35x | 1.9x |
| Wed, 02 Feb 2022 | CN¥253.8b | CN¥138.9b | CN¥7.4b | 61x | 34.1x | 1.8x |
| Fri, 31 Dec 2021 | CN¥240.7b | CN¥138.9b | CN¥7.4b | 54.9x | 32.3x | 1.7x |
| Sun, 28 Nov 2021 | CN¥219.1b | CN¥138.9b | CN¥7.4b | 50.8x | 29.4x | 1.6x |
Price to Earnings Ratio
29.4x
Current Industry PE
- Investors are optimistic on the Chinese Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 48.0x which is higher than its 3-year average PE of 7.8x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have declined 17% per year over the last three years,
- Revenues have also declined 20% 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 | -3.39% | |
| Consumer Discretionary | -2.72% | |
| Hospitality | -3.45% | |
| Casinos and Gaming | 0% | |
| Restaurants | -2.56% | |
| Leisure Facilities | -3.34% | |
| Hotels, Resorts and Cruise Lines | -3.62% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 45.4%, which is higher than its past year's earnings decline of 37.6% per year.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 79.5x.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| 605108 Tongqinglou Catering | CN¥23.48 | 6.6% +CN¥378.1m | -24.6% | PE33x | |
| 603099 Changbai Mountain Tourism | CN¥41.10 | 3.0% +CN¥320.0m | 167.4% | PE81.6x | |
| 600593 Dalian Sunasia Tourism HoldingLTD | CN¥28.15 | 4.5% +CN¥157.1m | 66.9% | PE123.2x | |
| 000430 Zhang Jia Jie Tourism Group | CN¥7.00 | 1.7% +CN¥48.6m | 1.4% | PS7x | |
| 002159 Wuhan Sante Cableway Group | CN¥15.94 | 1.3% +CN¥37.2m | 0.1% | PE19x |
