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Chinese (SSE) Luxury Industry Analysis

UpdatedSep 07, 2024
DataAggregated Company Financials
Companies104
  • 7D-1.0%
  • 3M-14.6%
  • 1Y-23.8%
  • YTD-23.1%

In the last week, the Luxury industry is down 1.0% with BIEM.L.FDLKK GarmentLtd down the most at 7.1%. Meanwhile, HMT (Xiamen) New Technical Materials actually outperformed within the industry, gaining 29% in the last week. The industry has fallen 24% in the last year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Sep 2024CN¥442.7bCN¥464.8bCN¥22.1b19.4x20x1x
Tue, 06 Aug 2024CN¥440.5bCN¥459.6bCN¥21.4b18.5x20.6x1x
Thu, 04 Jul 2024CN¥473.4bCN¥461.2bCN¥21.3b19.4x22.2x1x
Sat, 01 Jun 2024CN¥539.3bCN¥461.6bCN¥21.1b20.9x25.6x1.2x
Mon, 29 Apr 2024CN¥539.8bCN¥452.7bCN¥18.5b21.2x29.2x1.2x
Wed, 27 Mar 2024CN¥552.7bCN¥451.7bCN¥16.7b23.7x33.2x1.2x
Fri, 23 Feb 2024CN¥533.2bCN¥449.9bCN¥16.3b22.8x32.7x1.2x
Sun, 21 Jan 2024CN¥581.0bCN¥450.3bCN¥15.9b29x36.5x1.3x
Tue, 19 Dec 2023CN¥596.5bCN¥450.5bCN¥16.0b28.4x37.3x1.3x
Thu, 16 Nov 2023CN¥604.8bCN¥450.4bCN¥16.0b28.3x37.9x1.3x
Sat, 14 Oct 2023CN¥589.0bCN¥448.1bCN¥15.0b28x39.2x1.3x
Mon, 11 Sep 2023CN¥605.0bCN¥447.9bCN¥15.0b28.8x40.4x1.4x
Wed, 09 Aug 2023CN¥620.6bCN¥443.5bCN¥14.4b28x43.1x1.4x
Fri, 07 Jul 2023CN¥622.1bCN¥443.6bCN¥14.5b30.1x43x1.4x
Sun, 04 Jun 2023CN¥604.9bCN¥443.8bCN¥14.5b28.9x41.7x1.4x
Tue, 02 May 2023CN¥619.3bCN¥438.1bCN¥15.1b29.3x41.1x1.4x
Thu, 30 Mar 2023CN¥624.9bCN¥452.6bCN¥18.0b28.8x34.6x1.4x
Sat, 25 Feb 2023CN¥644.2bCN¥450.6bCN¥18.3b30.1x35.2x1.4x
Mon, 23 Jan 2023CN¥631.4bCN¥450.7bCN¥18.3b28x34.5x1.4x
Wed, 21 Dec 2022CN¥595.7bCN¥450.3bCN¥18.3b28.1x32.6x1.3x
Fri, 18 Nov 2022CN¥581.4bCN¥448.2bCN¥18.2b27.8x32x1.3x
Sun, 16 Oct 2022CN¥559.0bCN¥443.7bCN¥19.2b21.4x29.1x1.3x
Tue, 13 Sep 2022CN¥597.3bCN¥444.3bCN¥19.3b21.7x30.9x1.3x
Thu, 11 Aug 2022CN¥613.5bCN¥448.1bCN¥21.6b21.6x28.4x1.4x
Sat, 09 Jul 2022CN¥628.6bCN¥446.3bCN¥21.5b22.1x29.3x1.4x
Mon, 06 Jun 2022CN¥612.4bCN¥446.5bCN¥22.5b20.9x27.2x1.4x
Wed, 04 May 2022CN¥570.6bCN¥451.1bCN¥19.2b18.9x29.7x1.3x
Fri, 01 Apr 2022CN¥682.3bCN¥446.6bCN¥19.4b19.4x35.2x1.5x
Sun, 27 Feb 2022CN¥763.4bCN¥439.2bCN¥18.9b22x40.3x1.7x
Tue, 25 Jan 2022CN¥763.8bCN¥438.3bCN¥18.6b22.7x41x1.7x
Thu, 23 Dec 2021CN¥805.5bCN¥437.3bCN¥18.6b23x43.3x1.8x
Sat, 20 Nov 2021CN¥766.9bCN¥433.2bCN¥17.6b22.2x43.7x1.8x
Mon, 18 Oct 2021CN¥746.2bCN¥413.4bCN¥16.4b25.7x45.4x1.8x
Wed, 15 Sep 2021CN¥756.8bCN¥411.0bCN¥16.0b27.9x47.3x1.8x
Price to Earnings Ratio

47.3x


Total Market Cap: CN¥756.8bTotal Earnings: CN¥16.0bTotal Revenue: CN¥411.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Luxury Industry Price to Earnings3Y Average 34.6x202220232024
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 20.0x which is lower than its 3-year average PE of 34.6x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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-2.42%
Consumer Discretionary-0.34%
Luxury-1.04%
Footwear-0.33%
Textiles-0.35%
Apparel, Accessories and Luxury Goods-1.83%
Industry PE
  • Investors are most optimistic about the Textiles industry even though it's trading below its 3-year average PE ratio of 28.3x.
    • Analysts are expecting annual earnings growth of 24.0%, which is higher than its past year's earnings growth of 6.4% per year.
  • Investors are most pessimistic about the Apparel, Accessories and Luxury Goods industry, which is trading below its 3-year average of 38.5x.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 6.4% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 13% 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
603306 HMT (Xiamen) New Technical MaterialsCN¥22.6628.9%
+CN¥1.6b
-29.5%PE23.9x
000850 Anhui Huamao TextileCN¥3.4812.3%
+CN¥353.4m
-9.4%PE43.1x
601339 Bros Eastern.LtdCN¥4.613.6%
+CN¥237.1m
-15.6%PE14.7x
600987 Zhejiang HangminLtdCN¥6.662.6%
+CN¥178.6m
-8.5%PE10x
603196 Ribo Fashion GroupCN¥8.269.8%
+CN¥175.4m
-52.2%PS2x
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