Harson Trading (China) Co.,Ltd. (SHSE:603958) Investors Are Less Pessimistic Than Expected
Apr 02
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Chinese (SSE) Luxury Industry Analysis
UpdatedApr 21, 2025
DataAggregated Company Financials
Companies104
- 7D1.9%
- 3M-3.4%
- 1Y0.3%
- YTD-4.7%
In the last week, the Luxury industry is up 1.9%, with Shijiazhuang ChangShan BeiMing TechnologyLtd up 5.7%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 21% annually.
Industry Valuation and Performance
Has the Chinese Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 21 Apr 2025 | CN¥545.2b | CN¥451.4b | CN¥20.2b | 24.8x | 27.1x | 1.2x |
| Wed, 19 Mar 2025 | CN¥606.7b | CN¥450.1b | CN¥20.4b | 25.6x | 29.8x | 1.3x |
| Fri, 14 Feb 2025 | CN¥575.4b | CN¥454.8b | CN¥20.5b | 23.5x | 28.1x | 1.3x |
| Sun, 12 Jan 2025 | CN¥536.8b | CN¥455.0b | CN¥20.5b | 21.9x | 26.2x | 1.2x |
| Tue, 10 Dec 2024 | CN¥601.8b | CN¥455.0b | CN¥20.5b | 23.8x | 29.3x | 1.3x |
| Thu, 07 Nov 2024 | CN¥568.9b | CN¥454.8b | CN¥20.5b | 21.9x | 27.7x | 1.3x |
| Sat, 05 Oct 2024 | CN¥540.6b | CN¥464.9b | CN¥22.3b | 22.4x | 24.3x | 1.2x |
| Mon, 02 Sep 2024 | CN¥447.4b | CN¥464.6b | CN¥22.2b | 19.2x | 20.2x | 1x |
| Wed, 31 Jul 2024 | CN¥441.3b | CN¥459.6b | CN¥21.4b | 18.7x | 20.6x | 1x |
| Fri, 28 Jun 2024 | CN¥476.1b | CN¥460.7b | CN¥21.3b | 19x | 22.4x | 1x |
| Sun, 26 May 2024 | CN¥544.1b | CN¥461.7b | CN¥20.8b | 21.4x | 26.2x | 1.2x |
| Tue, 23 Apr 2024 | CN¥545.6b | CN¥444.7b | CN¥17.0b | 22.9x | 32.2x | 1.2x |
| Thu, 21 Mar 2024 | CN¥566.2b | CN¥451.6b | CN¥16.6b | 24.4x | 34x | 1.3x |
| Sat, 17 Feb 2024 | CN¥508.1b | CN¥449.9b | CN¥16.3b | 21.4x | 31.2x | 1.1x |
| Mon, 15 Jan 2024 | CN¥582.8b | CN¥450.5b | CN¥15.9b | 28.2x | 36.6x | 1.3x |
| Wed, 13 Dec 2023 | CN¥602.9b | CN¥450.5b | CN¥16.0b | 28.5x | 37.7x | 1.3x |
| Fri, 10 Nov 2023 | CN¥598.7b | CN¥450.2b | CN¥16.0b | 27.8x | 37.5x | 1.3x |
| Sun, 08 Oct 2023 | CN¥603.4b | CN¥448.1b | CN¥15.0b | 29.3x | 40.2x | 1.3x |
| Tue, 05 Sep 2023 | CN¥618.4b | CN¥447.9b | CN¥14.9b | 29.3x | 41.4x | 1.4x |
| Thu, 03 Aug 2023 | CN¥633.7b | CN¥443.6b | CN¥14.4b | 29.6x | 43.9x | 1.4x |
| Sat, 01 Jul 2023 | CN¥627.3b | CN¥443.5b | CN¥14.5b | 30.3x | 43.3x | 1.4x |
| Mon, 29 May 2023 | CN¥604.6b | CN¥444.0b | CN¥14.5b | 28.2x | 41.7x | 1.4x |
| Wed, 26 Apr 2023 | CN¥603.3b | CN¥449.1b | CN¥17.1b | 26.8x | 35.4x | 1.3x |
| Fri, 24 Mar 2023 | CN¥634.9b | CN¥452.0b | CN¥18.2b | 29x | 34.9x | 1.4x |
| Sun, 19 Feb 2023 | CN¥639.2b | CN¥450.7b | CN¥18.3b | 29.6x | 34.9x | 1.4x |
| Tue, 17 Jan 2023 | CN¥634.3b | CN¥450.8b | CN¥18.3b | 27.6x | 34.6x | 1.4x |
| Thu, 15 Dec 2022 | CN¥623.4b | CN¥450.3b | CN¥18.3b | 29.2x | 34.1x | 1.4x |
| Sat, 12 Nov 2022 | CN¥569.1b | CN¥448.0b | CN¥18.2b | 26.8x | 31.3x | 1.3x |
| Mon, 10 Oct 2022 | CN¥537.7b | CN¥443.8b | CN¥19.3b | 19.9x | 27.9x | 1.2x |
| Wed, 07 Sep 2022 | CN¥602.9b | CN¥440.9b | CN¥17.9b | 22.2x | 33.7x | 1.4x |
| Fri, 05 Aug 2022 | CN¥584.1b | CN¥448.1b | CN¥21.7b | 20.9x | 26.9x | 1.3x |
| Sun, 03 Jul 2022 | CN¥630.1b | CN¥446.4b | CN¥22.5b | 21.6x | 28x | 1.4x |
| Tue, 31 May 2022 | CN¥603.5b | CN¥446.4b | CN¥22.5b | 21x | 26.9x | 1.4x |
| Thu, 28 Apr 2022 | CN¥553.3b | CN¥447.6b | CN¥17.7b | 19.1x | 31.3x | 1.2x |
Price to Earnings Ratio
31.3x
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 31.6x.
- 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 4.5% 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 | 0.20% | |
| Consumer Discretionary | 0.094% | |
| Luxury | 1.92% | |
| Textiles | 2.48% | |
| Apparel, Accessories and Luxury Goods | 1.75% | |
| Footwear | 0.86% | |
Industry PE
- Investors are most optimistic about the Textiles industry which is trading above its 3-year average PE ratio of 29.8x.
- Analysts are expecting annual earnings growth of 26.0%, which is higher than its past year's earnings decline of 5.6% per year.
- Investors are most pessimistic about the Footwear industry, which is trading below its 3-year average of 49.0x.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 5.6% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000158 Shijiazhuang ChangShan BeiMing TechnologyLtd | CN¥21.55 | 5.1% +CN¥1.7b | 198.1% | PS3.7x | |
| 002427 Zhejiang Unifull Industrial Fibre | CN¥7.23 | 28.0% +CN¥1.6b | 121.1% | PS3.1x | |
| 002254 Tayho Advanced Materials Group | CN¥12.10 | 8.6% +CN¥828.4m | 9.9% | PE50.8x | |
| 002098 Fujian SBS Zipper Science&Technology | CN¥9.10 | 23.0% +CN¥608.6m | 74.0% | PE17.1x | |
| 603116 Zhejiang Red Dragonfly Footwear | CN¥5.94 | 19.0% +CN¥539.3m | 28.6% | PS1.5x |
