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Chinese (SSE) Luxury Industry Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies113
  • 7D0.5%
  • 3M-1.2%
  • 1Y-1.8%
  • YTD-2.7%

Over the last 7 days, the Luxury industry has dropped 1.2%, driven by Tayho Advanced Materials Group declining 5.0%. On the other hand Lao Feng Xiang is actually up 6.5%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

Has the Chinese Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023CN¥603.3bCN¥450.6bCN¥16.0b28.5x37.8x1.3x
Mon, 30 Oct 2023CN¥602.6bCN¥446.3bCN¥15.2b28.7x39.6x1.4x
Wed, 27 Sep 2023CN¥596.0bCN¥448.0bCN¥15.0b29x39.8x1.3x
Fri, 25 Aug 2023CN¥595.3bCN¥446.3bCN¥14.6b27.3x40.7x1.3x
Sun, 23 Jul 2023CN¥620.3bCN¥443.6bCN¥14.5b29x42.8x1.4x
Tue, 20 Jun 2023CN¥609.8bCN¥443.7bCN¥14.5b29.1x42.1x1.4x
Thu, 18 May 2023CN¥611.9bCN¥444.7bCN¥14.5b28.7x42.2x1.4x
Sat, 15 Apr 2023CN¥617.7bCN¥451.4bCN¥17.9b28.9x34.6x1.4x
Mon, 13 Mar 2023CN¥622.8bCN¥451.3bCN¥18.2b29x34.2x1.4x
Wed, 08 Feb 2023CN¥640.8bCN¥450.7bCN¥18.3b29.9x35x1.4x
Fri, 06 Jan 2023CN¥610.0bCN¥450.5bCN¥18.3b27.6x33.3x1.4x
Sun, 04 Dec 2022CN¥601.3bCN¥450.2bCN¥18.3b27.6x32.9x1.3x
Tue, 01 Nov 2022CN¥525.7bCN¥448.0bCN¥17.1b24x30.7x1.2x
Thu, 29 Sep 2022CN¥553.6bCN¥443.7bCN¥19.2b20.7x28.8x1.2x
Sat, 27 Aug 2022CN¥600.8bCN¥443.7bCN¥20.7b21.2x29x1.4x
Mon, 25 Jul 2022CN¥613.2bCN¥446.2bCN¥21.5b21.2x28.6x1.4x
Wed, 22 Jun 2022CN¥624.6bCN¥446.4bCN¥22.5b21.9x27.8x1.4x
Fri, 20 May 2022CN¥601.9bCN¥446.5bCN¥22.6b21x26.7x1.3x
Sun, 17 Apr 2022CN¥606.0bCN¥443.6bCN¥17.8b18.1x34x1.4x
Tue, 15 Mar 2022CN¥688.0bCN¥447.1bCN¥19.6b19.7x35.2x1.5x
Thu, 10 Feb 2022CN¥755.2bCN¥439.1bCN¥18.9b22.2x39.9x1.7x
Sat, 08 Jan 2022CN¥790.2bCN¥437.2bCN¥18.6b23.6x42.5x1.8x
Mon, 06 Dec 2021CN¥750.9bCN¥432.8bCN¥17.4b21.4x43.3x1.7x
Wed, 03 Nov 2021CN¥738.8bCN¥431.9bCN¥17.6b36x42x1.7x
Fri, 01 Oct 2021CN¥731.6bCN¥412.8bCN¥16.3b25.7x45x1.8x
Sun, 29 Aug 2021CN¥715.1bCN¥410.4bCN¥15.9b25.2x44.9x1.7x
Mon, 05 Jul 2021CN¥761.5bCN¥409.3bCN¥15.8b24.9x48.2x1.9x
Thu, 08 Apr 2021CN¥543.9bCN¥367.1bCN¥10.5b22.5x51.6x1.5x
Sun, 10 Jan 2021CN¥479.2bCN¥306.5bCN¥5.7b26.1x83.9x1.6x
Price to Earnings Ratio

62x


Total Market Cap: CN¥500.8bTotal Earnings: CN¥8.1bTotal Revenue: CN¥302.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Luxury Industry Price to Earnings3Y Average 42.4x202120222023
Current Industry PE
  • Investors are pessimistic on the Chinese Luxury 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 37.5x which is lower than its 3-year average PE of 42.4x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 14% 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-0.43%
Consumer Discretionary-0.25%
Luxury0.47%
Apparel, Accessories and Luxury Goods1.11%
Footwear0.33%
Textiles-0.31%
Industry PE
  • Investors are most optimistic about the Footwear industry which is trading above its 3-year average PE ratio of 50.8x.
    • Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings decline of 4.6% per year.
  • Investors are most pessimistic about the Apparel, Accessories and Luxury Goods industry, which is trading below its 3-year average of 59.8x.
Forecasted Growth
  • Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 4.6% per year.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600612 Lao Feng XiangCN¥66.136.5%
+CN¥2.1b
57.8%PE15x
2832 BIEM.L.FDLKK GarmentLtdCN¥33.335.1%
+CN¥924.5m
35.8%PE20.9x
300840 Qingdao KutesmartLtdCN¥21.1311.5%
+CN¥523.2m
113.2%PE42.7x
2327 Shenzhen Fuanna Bedding and FurnishingLtdCN¥9.056.1%
+CN¥430.1m
28.0%PE13.6x
2867 Chow Tai Seng JewelleryCN¥15.522.6%
+CN¥423.3m
14.7%PE13.4x
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Latest News

300840

CN¥21.13

Qingdao KutesmartLtd

7D

11.5%

1Y

113.2%

2832

CN¥33.33

BIEM.L.FDLKK GarmentLtd

7D

5.1%

1Y

35.8%

600916

CN¥10.01

China National Gold Group Gold JewelleryLtd

7D

-2.1%

1Y

-22.5%

301177

CN¥30.94

DR

7D

-2.6%

1Y

-37.4%

2345

CN¥6.53

Guangdong Chj IndustryLtd

7D

4.3%

1Y

44.8%

600400

CN¥2.93

Jiangsu Hongdou IndustrialLTD

7D

-2.0%

1Y

-44.9%

603055

CN¥11.95

Zhejiang Taihua New MaterialLtd

7D

-4.5%

1Y

11.4%

2867

CN¥15.52

Chow Tai Seng Jewellery

7D

2.6%

1Y

14.7%

2612

CN¥20.03

Lancy

7D

-4.5%

1Y

-15.9%

2563

CN¥6.15

Zhejiang Semir Garment

7D

-1.9%

1Y

17.8%

2254

CN¥15.48

Tayho Advanced Materials Group

7D

-5.0%

1Y

-26.1%

2327

CN¥9.05

Shenzhen Fuanna Bedding and FurnishingLtd

7D

6.1%

1Y

28.0%

600612

CN¥66.13

Lao Feng Xiang

7D

6.5%

1Y

57.8%

601599

CN¥4.38

Zhewen Pictures Groupltd

7D

5.0%

1Y

34.8%

2875

CN¥13.70

AnnilLtd

7D

-6.2%

1Y

-28.3%