Zhonglu.Co.Ltd's (SHSE:600818) Solid Profits Have Weak Fundamentals
Apr 24
Chinese (SSE) Leisure Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies33
- 7D0.9%
- 3M-7.1%
- 1Y-21.6%
- YTD-9.6%
Over the last 7 days, the Leisure industry has dropped 5.6%, driven by a pullback from Shenzhen China Bicycle Company (Holdings) of 14%. On the other hand Shanghai Yaoji Technology is actually up 8.6%. The industry has fallen 23% in the last year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Chinese Leisure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CN¥143.3b | CN¥58.1b | CN¥3.1b | 26x | 46.7x | 2.5x |
| Sat, 23 Mar 2024 | CN¥153.4b | CN¥59.3b | CN¥2.9b | 24.4x | 52.3x | 2.6x |
| Mon, 19 Feb 2024 | CN¥121.6b | CN¥59.2b | CN¥2.9b | 20.3x | 41.9x | 2.1x |
| Wed, 17 Jan 2024 | CN¥152.3b | CN¥59.3b | CN¥2.9b | 30.2x | 52.5x | 2.6x |
| Fri, 15 Dec 2023 | CN¥153.6b | CN¥56.3b | CN¥3.2b | 33.7x | 48.5x | 2.7x |
| Sun, 12 Nov 2023 | CN¥149.1b | CN¥56.3b | CN¥3.2b | 34.1x | 47x | 2.6x |
| Tue, 10 Oct 2023 | CN¥155.8b | CN¥57.1b | CN¥3.2b | 29x | 48.3x | 2.7x |
| Thu, 07 Sep 2023 | CN¥166.4b | CN¥57.3b | CN¥3.3b | 30.4x | 50.6x | 2.9x |
| Sat, 05 Aug 2023 | CN¥173.8b | CN¥58.3b | CN¥3.5b | 27x | 49x | 3x |
| Mon, 03 Jul 2023 | CN¥183.6b | CN¥57.9b | CN¥3.5b | 26.5x | 52.1x | 3.2x |
| Wed, 31 May 2023 | CN¥171.8b | CN¥58.0b | CN¥3.5b | 25.8x | 48.8x | 3x |
| Fri, 28 Apr 2023 | CN¥168.6b | CN¥60.6b | CN¥3.1b | 25.6x | 54x | 2.8x |
| Sun, 26 Mar 2023 | CN¥167.7b | CN¥61.3b | CN¥2.8b | 25.7x | 60.8x | 2.7x |
| Tue, 21 Feb 2023 | CN¥172.4b | CN¥61.5b | CN¥2.9b | 24.9x | 60x | 2.8x |
| Thu, 19 Jan 2023 | CN¥155.3b | CN¥60.5b | CN¥2.7b | 23.7x | 57.6x | 2.6x |
| Sat, 17 Dec 2022 | CN¥154.0b | CN¥60.5b | CN¥2.7b | 24.4x | 57.1x | 2.5x |
| Mon, 14 Nov 2022 | CN¥164.2b | CN¥60.5b | CN¥2.7b | 24.2x | 60.9x | 2.7x |
| Wed, 12 Oct 2022 | CN¥144.7b | CN¥59.8b | CN¥2.4b | 25.6x | 59.7x | 2.4x |
| Fri, 09 Sep 2022 | CN¥163.8b | CN¥58.7b | CN¥2.2b | 32x | 73x | 2.8x |
| Sun, 07 Aug 2022 | CN¥161.8b | CN¥58.4b | CN¥2.2b | 35.4x | 72.2x | 2.8x |
| Tue, 05 Jul 2022 | CN¥158.1b | CN¥58.4b | CN¥2.2b | 38.7x | 70.6x | 2.7x |
| Thu, 02 Jun 2022 | CN¥159.9b | CN¥58.4b | CN¥2.2b | 39.6x | 71.4x | 2.7x |
| Sat, 30 Apr 2022 | CN¥139.2b | CN¥57.3b | CN¥2.3b | 33.5x | 61.3x | 2.4x |
| Mon, 28 Mar 2022 | CN¥158.7b | CN¥54.0b | CN¥3.1b | 34.3x | 51.7x | 2.9x |
| Wed, 23 Feb 2022 | CN¥175.5b | CN¥54.0b | CN¥3.2b | 39x | 54.6x | 3.2x |
| Fri, 21 Jan 2022 | CN¥189.8b | CN¥54.0b | CN¥3.2b | 41.8x | 59x | 3.5x |
| Sun, 19 Dec 2021 | CN¥189.2b | CN¥54.0b | CN¥3.2b | 41.2x | 58.9x | 3.5x |
| Tue, 16 Nov 2021 | CN¥191.5b | CN¥54.0b | CN¥3.2b | 40.6x | 59.6x | 3.5x |
| Thu, 14 Oct 2021 | CN¥182.0b | CN¥51.9b | CN¥3.5b | 40x | 51.9x | 3.5x |
| Sat, 11 Sep 2021 | CN¥178.3b | CN¥48.7b | CN¥3.3b | 43.6x | 54.4x | 3.7x |
| Mon, 09 Aug 2021 | CN¥167.0b | CN¥48.7b | CN¥3.3b | 40x | 50.9x | 3.4x |
| Sun, 02 May 2021 | CN¥157.0b | CN¥44.3b | CN¥2.9b | 37.2x | 53.7x | 3.5x |
Price to Earnings Ratio
53.7x
Current Industry PE
- Investors are pessimistic on the Chinese Leisure 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 44.1x which is lower than its 3-year average PE of 55.7x.
- The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Leisure industry have grown 2.7% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | -0.42% | |
| Consumer Discretionary | -0.051% | |
| Leisure | 0.91% | |
| Leisure Products | 0.91% | |
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 | |
|---|---|---|---|---|---|
| 2605 Shanghai Yaoji Technology | CN¥22.78 | 5.7% +CN¥501.4m | -33.8% | PE15.2x | |
| 600818 Zhonglu.Co.Ltd | CN¥24.09 | 6.6% +CN¥479.0m | 3.6% | PE321.3x | |
| 300994 Joy Kie | CN¥11.76 | 15.9% +CN¥375.3m | -24.8% | PE24x | |
| 605099 CoCreation Grass | CN¥22.31 | 3.5% +CN¥304.1m | 4.2% | PE20x | |
| 605299 Shuhua Sports | CN¥10.14 | 4.1% +CN¥164.2m | -15.8% | PE32.3x |
