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Chinese (SSE) Luxury Industry Analysis

UpdatedNov 23, 2024
DataAggregated Company Financials
Companies104
  • 7D0.4%
  • 3M28.1%
  • 1Y-3.5%
  • YTD-3.5%

Over the last 7 days, the Luxury industry has remained flat, although notably Huali Industrial Group gained 5.3%. As for the longer term, the industry has declined 3.5% in the last year. As for the next few years, earnings are expected to grow by 22% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 24 Nov 2024CN¥555.8bCN¥455.0bCN¥20.5b22.2x27.1x1.2x
Tue, 22 Oct 2024CN¥537.0bCN¥465.0bCN¥22.2b21x24.2x1.2x
Thu, 19 Sep 2024CN¥440.4bCN¥464.9bCN¥22.3b17.6x19.8x0.9x
Sat, 17 Aug 2024CN¥442.3bCN¥460.9bCN¥21.8b19.2x20.3x1x
Mon, 15 Jul 2024CN¥467.4bCN¥459.6bCN¥21.4b19.5x21.8x1x
Wed, 12 Jun 2024CN¥517.4bCN¥460.7bCN¥21.3b19.9x24.3x1.1x
Fri, 10 May 2024CN¥560.1bCN¥458.2bCN¥20.3b22.4x27.5x1.2x
Sun, 07 Apr 2024CN¥571.5bCN¥443.3bCN¥17.5b24.7x32.7x1.3x
Tue, 05 Mar 2024CN¥545.8bCN¥450.0bCN¥16.3b24.4x33.4x1.2x
Thu, 01 Feb 2024CN¥523.2bCN¥450.3bCN¥15.9b24.1x32.9x1.2x
Sat, 30 Dec 2023CN¥614.9bCN¥457.8bCN¥16.6b28x37x1.3x
Mon, 27 Nov 2023CN¥600.9bCN¥450.5bCN¥16.0b28.3x37.6x1.3x
Wed, 25 Oct 2023CN¥580.2bCN¥448.4bCN¥15.1b28.6x38.5x1.3x
Fri, 22 Sep 2023CN¥597.9bCN¥448.0bCN¥15.0b28.7x40x1.3x
Sun, 20 Aug 2023CN¥608.6bCN¥446.0bCN¥14.3b28x42.6x1.4x
Tue, 18 Jul 2023CN¥619.6bCN¥443.6bCN¥14.5b28.9x42.7x1.4x
Thu, 15 Jun 2023CN¥616.3bCN¥443.7bCN¥14.5b30x42.5x1.4x
Sat, 13 May 2023CN¥629.4bCN¥445.0bCN¥15.8b28.7x39.9x1.4x
Mon, 10 Apr 2023CN¥629.6bCN¥452.3bCN¥17.8b28.9x35.3x1.4x
Wed, 08 Mar 2023CN¥645.3bCN¥451.3bCN¥18.2b29.3x35.5x1.4x
Fri, 03 Feb 2023CN¥644.4bCN¥450.8bCN¥18.3b30x35.1x1.4x
Sun, 01 Jan 2023CN¥598.4bCN¥450.4bCN¥18.3b26.7x32.7x1.3x
Tue, 29 Nov 2022CN¥567.5bCN¥449.9bCN¥18.3b26.6x31.1x1.3x
Thu, 27 Oct 2022CN¥547.1bCN¥443.9bCN¥19.4b21.5x28.2x1.2x
Sat, 24 Sep 2022CN¥554.0bCN¥443.9bCN¥19.3b20.1x28.8x1.2x
Mon, 22 Aug 2022CN¥613.8bCN¥445.3bCN¥21.5b21.6x28.5x1.4x
Wed, 20 Jul 2022CN¥598.4bCN¥446.2bCN¥21.5b20.5x27.9x1.3x
Fri, 17 Jun 2022CN¥621.2bCN¥446.4bCN¥22.5b21.4x27.6x1.4x
Sun, 15 May 2022CN¥596.2bCN¥446.5bCN¥22.6b20.8x26.4x1.3x
Tue, 12 Apr 2022CN¥614.5bCN¥443.6bCN¥17.6b18.4x35x1.4x
Thu, 10 Mar 2022CN¥702.5bCN¥446.2bCN¥19.9b19.7x35.3x1.6x
Sat, 05 Feb 2022CN¥735.7bCN¥438.3bCN¥18.6b21.4x39.5x1.7x
Mon, 03 Jan 2022CN¥792.8bCN¥437.3bCN¥18.6b22.2x42.7x1.8x
Wed, 01 Dec 2021CN¥757.5bCN¥432.8bCN¥17.4b20.9x43.6x1.8x
Price to Earnings Ratio

43.6x


Total Market Cap: CN¥757.5bTotal Earnings: CN¥17.4bTotal Revenue: CN¥432.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Luxury Industry Price to Earnings3Y Average 33.2x202220232024
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 27.1x which is lower than its 3-year average PE of 33.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have grown 5.7% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Chinese Consumer Discretionary industry?

CN Market-2.14%
Consumer Discretionary-1.03%
Luxury0.40%
Footwear4.86%
Textiles-0.40%
Apparel, Accessories and Luxury Goods-0.44%
Industry PE
  • Investors are most optimistic about the Textiles industry which is trading above its 3-year average PE ratio of 28.3x.
    • Analysts are expecting annual earnings growth of 26.8%, which is higher than its past year's earnings decline of 0.3% per year.
  • Investors are most pessimistic about the Apparel, Accessories and Luxury Goods industry, which is trading below its 3-year average of 35.7x.
Forecasted Growth
  • Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings decline of 0.3% per year.
  • In contrast, the Footwear industry is expected to see its earnings grow by 14% 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
300979 Huali Industrial GroupCN¥69.375.3%
+CN¥4.1b
47.9%PE21.6x
300840 Qingdao KutesmartLtdCN¥20.9221.6%
+CN¥892.8m
10.4%PE29x
301177 DRCN¥24.607.4%
+CN¥680.0m
-22.5%PE656x
603196 Ribo Fashion GroupCN¥16.5518.9%
+CN¥623.3m
18.3%PS4.1x
600400 Jiangsu Hongdou IndustrialLTDCN¥3.029.0%
+CN¥573.1m
1.0%PS3.1x
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