Investors Still Waiting For A Pull Back In Tongqinglou Catering Co., Ltd. (SHSE:605108)
Apr 09
Chinese (SSE) Restaurants Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies4
- 7D-6.9%
- 3M-8.9%
- 1Y-35.8%
- YTDn/a
In the last week, the Restaurants industry is up 5.3%, with all of the companies up. However, the industry is down 29% over the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Chinese Restaurants Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | CN¥26.3b | CN¥9.0b | CN¥612.2m | 28.8x | 43x | 2.9x |
| Sat, 16 Mar 2024 | CN¥26.8b | CN¥8.9b | CN¥573.9m | 28.3x | 46.7x | 3x |
| Mon, 12 Feb 2024 | CN¥25.3b | CN¥8.7b | CN¥573.8m | 26.8x | 44.1x | 2.9x |
| Wed, 10 Jan 2024 | CN¥28.4b | CN¥8.7b | CN¥573.8m | 28.5x | 49.5x | 3.3x |
| Fri, 08 Dec 2023 | CN¥29.9b | CN¥8.7b | CN¥573.8m | 29.8x | 52.1x | 3.4x |
| Sun, 05 Nov 2023 | CN¥29.4b | CN¥8.7b | CN¥573.8m | 29.5x | 51.2x | 3.4x |
| Tue, 03 Oct 2023 | CN¥32.8b | CN¥8.1b | CN¥495.8m | 31.7x | 66.2x | 4x |
| Thu, 31 Aug 2023 | CN¥34.3b | CN¥8.0b | CN¥465.1m | 33.2x | 73.8x | 4.3x |
| Sat, 29 Jul 2023 | CN¥36.0b | CN¥7.6b | CN¥262.1m | 45.1x | 137.3x | 4.7x |
| Mon, 26 Jun 2023 | CN¥36.7b | CN¥7.4b | CN¥257.1m | 46.9x | 142.8x | 4.9x |
| Wed, 24 May 2023 | CN¥36.2b | CN¥7.4b | CN¥257.1m | 46.7x | 140.9x | 4.9x |
| Fri, 21 Apr 2023 | CN¥39.6b | CN¥7.2b | CN¥249.6m | 46.6x | 158.7x | 5.5x |
| Sun, 19 Mar 2023 | CN¥37.0b | CN¥7.1b | CN¥187.0m | 44.5x | 198.1x | 5.2x |
| Tue, 14 Feb 2023 | CN¥39.1b | CN¥7.2b | CN¥263.4m | 46.2x | 148.3x | 5.4x |
| Thu, 12 Jan 2023 | CN¥40.8b | CN¥7.2b | CN¥263.4m | 41.4x | 154.8x | 5.6x |
| Sat, 10 Dec 2022 | CN¥31.3b | CN¥7.2b | CN¥263.4m | 39.9x | 118.9x | 4.3x |
| Mon, 07 Nov 2022 | CN¥31.8b | CN¥7.4b | CN¥267.3m | 55.8x | 119x | 4.3x |
| Wed, 05 Oct 2022 | CN¥27.9b | CN¥7.1b | CN¥198.5m | 45.5x | 140.7x | 3.9x |
| Fri, 02 Sep 2022 | CN¥28.3b | CN¥7.1b | CN¥198.5m | 44.3x | 142.3x | 4x |
| Sun, 31 Jul 2022 | CN¥26.1b | CN¥7.3b | CN¥362.4m | 38.4x | 72x | 3.6x |
| Tue, 28 Jun 2022 | CN¥26.5b | CN¥7.3b | CN¥362.4m | 37.9x | 73.2x | 3.6x |
| Thu, 26 May 2022 | CN¥24.8b | CN¥7.3b | CN¥362.4m | 36.9x | 68.3x | 3.4x |
| Sat, 23 Apr 2022 | CN¥25.1b | CN¥7.3b | CN¥415.1m | 26.7x | 60.5x | 3.4x |
| Mon, 21 Mar 2022 | CN¥24.2b | CN¥7.3b | CN¥575.7m | 27.9x | 42x | 3.3x |
| Wed, 16 Feb 2022 | CN¥26.6b | CN¥7.3b | CN¥575.8m | 32.3x | 46.3x | 3.6x |
| Fri, 14 Jan 2022 | CN¥30.7b | CN¥7.3b | CN¥575.8m | 40.5x | 53.3x | 4.2x |
| Sun, 12 Dec 2021 | CN¥25.3b | CN¥7.3b | CN¥575.8m | 28.8x | 44x | 3.4x |
| Tue, 09 Nov 2021 | CN¥24.9b | CN¥7.3b | CN¥575.8m | 28.7x | 43.2x | 3.4x |
| Thu, 07 Oct 2021 | CN¥24.0b | CN¥7.1b | CN¥521.4m | 27.5x | 46x | 3.4x |
| Sat, 04 Sep 2021 | CN¥25.4b | CN¥7.1b | CN¥521.4m | 26.9x | 48.7x | 3.6x |
| Mon, 02 Aug 2021 | CN¥23.8b | CN¥7.1b | CN¥521.4m | 25.8x | 45.6x | 3.3x |
| Thu, 06 May 2021 | CN¥28.9b | CN¥6.6b | CN¥462.7m | 31.8x | 62.5x | 4.4x |
Price to Earnings Ratio
62.5x
Current Industry PE
- Investors are pessimistic on the Chinese Restaurants 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 46.6x which is lower than its 3-year average PE of 84.3x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Restaurants industry have grown 9.7% per year over the last three years.
- Revenues for these companies have grown 11% 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 Restaurants compare with similar industries?
| CN Market | -0.20% | |
| Consumer Discretionary | -0.27% | |
| Hospitality | -4.57% | |
| Restaurants | -6.92% | |
| Casinos and Gaming | 0% | |
| Hotels, Resorts and Cruise Lines | -4.11% | |
| Leisure Facilities | -4.54% | |
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 | |
|---|---|---|---|---|---|
| No data available | |||||