Caissa Tosun Development Co.,Ltd.'s (SZSE:000796) Price In Tune With Revenues
Jun 15
Chinese (SSE) Hospitality Industry Analysis
UpdatedJun 16, 2024
DataAggregated Company Financials
Companies32
- 7D-1.5%
- 3M-9.7%
- 1Y-30.2%
- YTD-9.6%
Over the last 7 days, the Hospitality industry has dropped 1.5%, driven by Songcheng Performance DevelopmentLtd declining 7.1%. In contrast, Caissa Tosun DevelopmentLtd has gained 6.6%. Overall the industry is down 31% in 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 16 Jun 2024 | CN¥183.8b | CN¥68.7b | CN¥4.3b | 42.6x | 42.9x | 2.7x |
| Tue, 14 May 2024 | CN¥191.9b | CN¥67.8b | CN¥3.8b | 41.4x | 51x | 2.8x |
| Thu, 11 Apr 2024 | CN¥204.7b | CN¥62.4b | CN¥3.9b | 38.5x | 51.9x | 3.3x |
| Sat, 09 Mar 2024 | CN¥186.6b | CN¥56.5b | CN¥2.9b | 36.3x | 64.2x | 3.3x |
| Mon, 05 Feb 2024 | CN¥174.0b | CN¥57.7b | CN¥3.2b | 32.2x | 54.5x | 3x |
| Wed, 03 Jan 2024 | CN¥172.2b | CN¥45.8b | CN¥2.3b | 36.2x | 75x | 3.8x |
| Fri, 01 Dec 2023 | CN¥180.8b | CN¥45.8b | CN¥2.3b | 36.2x | 78.8x | 3.9x |
| Sun, 29 Oct 2023 | CN¥174.9b | CN¥41.9b | CN¥1.3b | 40.6x | 133.7x | 4.2x |
| Tue, 26 Sep 2023 | CN¥189.8b | CN¥39.5b | CN¥507.7m | 90.3x | 373.9x | 4.8x |
| Thu, 24 Aug 2023 | CN¥193.4b | CN¥34.5b | -CN¥1,227,410,810.00 | 44.1x | -157.6x | 5.6x |
| Sat, 22 Jul 2023 | CN¥242.3b | CN¥109.6b | -CN¥13,084,666,150.00 | 66.9x | -18.5x | 2.2x |
| Mon, 19 Jun 2023 | CN¥254.2b | CN¥109.4b | -CN¥13,129,995,614.00 | 72.8x | -19.4x | 2.3x |
| Wed, 17 May 2023 | CN¥242.7b | CN¥109.7b | -CN¥13,701,727,863.00 | 59.6x | -17.7x | 2.2x |
| Fri, 14 Apr 2023 | CN¥287.5b | CN¥108.3b | -CN¥13,888,166,396.00 | 135.6x | -20.7x | 2.7x |
| Sun, 12 Mar 2023 | CN¥264.1b | CN¥115.3b | -CN¥2,255,016,784.00 | 85.4x | -117.1x | 2.3x |
| Tue, 07 Feb 2023 | CN¥257.7b | CN¥115.5b | -CN¥2,178,554,082.00 | 83.2x | -118.3x | 2.2x |
| Thu, 05 Jan 2023 | CN¥275.0b | CN¥115.3b | -CN¥2,178,866,231.00 | 98.5x | -126.2x | 2.4x |
| Sat, 03 Dec 2022 | CN¥254.3b | CN¥115.3b | -CN¥2,178,959,273.00 | 88.8x | -116.7x | 2.2x |
| Mon, 31 Oct 2022 | CN¥219.9b | CN¥115.9b | -CN¥2,612,795,105.00 | 116.6x | -84.2x | 1.9x |
| Wed, 28 Sep 2022 | CN¥243.4b | CN¥130.0b | -CN¥1,247,617,366.00 | 79.4x | -195.1x | 1.9x |
| Fri, 26 Aug 2022 | CN¥223.4b | CN¥138.5b | CN¥1.6b | 92.4x | 141x | 1.6x |
| Sun, 24 Jul 2022 | CN¥242.2b | CN¥139.9b | CN¥1.4b | 95.4x | 176.7x | 1.7x |
| Tue, 21 Jun 2022 | CN¥234.6b | CN¥139.9b | CN¥1.4b | 101.1x | 170.9x | 1.7x |
| Thu, 19 May 2022 | CN¥223.8b | CN¥139.9b | CN¥1.4b | 96.8x | 163x | 1.6x |
| Sat, 16 Apr 2022 | CN¥262.5b | CN¥142.3b | -CN¥136,352,996.00 | 91.4x | -1925.5x | 1.8x |
| Mon, 14 Mar 2022 | CN¥242.2b | CN¥139.0b | CN¥7.4b | 57.8x | 32.9x | 1.7x |
| Wed, 09 Feb 2022 | CN¥262.0b | CN¥138.9b | CN¥7.4b | 63.9x | 35.2x | 1.9x |
| Fri, 07 Jan 2022 | CN¥255.7b | CN¥138.9b | CN¥7.4b | n/a | 34.4x | 1.8x |
| Sun, 05 Dec 2021 | CN¥215.3b | CN¥138.9b | CN¥7.4b | 50x | 28.9x | 1.5x |
| Tue, 02 Nov 2021 | CN¥214.9b | CN¥138.9b | CN¥7.4b | 46.5x | 28.9x | 1.5x |
| Thu, 30 Sep 2021 | CN¥219.7b | CN¥127.7b | CN¥9.1b | 29.8x | 24.2x | 1.7x |
| Sat, 28 Aug 2021 | CN¥224.4b | CN¥127.6b | CN¥9.0b | 32.8x | 25x | 1.8x |
| Sun, 04 Jul 2021 | CN¥244.0b | CN¥127.6b | CN¥9.0b | 33.4x | 27.2x | 1.9x |
Price to Earnings Ratio
27.2x
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 42.4x which is higher than its 3-year average PE of 5.2x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have declined 22% per year over the last three years,
- Revenues have also declined 19% 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 | 0.061% | |
| Consumer Discretionary | 0.049% | |
| Hospitality | -1.47% | |
| Casinos and Gaming | 0% | |
| Hotels, Resorts and Cruise Lines | -0.42% | |
| Restaurants | -0.79% | |
| Leisure Facilities | -6.10% | |
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 46.5%, which is lower than the prior year's growth of 59.3% per year.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 82.6x.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 46% over the next 5 years.
- However this is lower than its past earnings growth rate of 59% 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 | |
|---|---|---|---|---|---|
| 796 Caissa Tosun DevelopmentLtd | CN¥3.69 | 6.6% +CN¥368.9m | 9.5% | PE9.3x | |
| 600054 Huangshan Tourism DevelopmentLtd | CN¥11.99 | 2.0% +CN¥167.8m | -11.7% | PE22.8x | |
| 603099 Changbai Mountain Tourism | CN¥22.47 | 2.5% +CN¥144.0m | 86.5% | PE39.2x | |
| 2059 Yunnan Tourism | CN¥4.91 | 1.7% +CN¥81.0m | -25.9% | PS6.7x | |
| 610 Xi'an Tourism | CN¥12.71 | 2.5% +CN¥73.4m | -27.2% | PS5.6x |
