Calculating The Intrinsic Value Of ZheJiang AoKang Shoes Co.,Ltd. (SHSE:603001)
Apr 16
Chinese (SSE) Footwear Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies6
- 7D3.9%
- 3M20.9%
- 1Y34.6%
- YTDn/a
In the last week, the Footwear industry is up 3.9%, with Huali Industrial Group up 6.4%. Meanwhile, Zhejiang Red Dragonfly Footwear actually underperformed within the industry, shrinking 18% in the last week. This takes the industry's 12 month performance to a gain of 35%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Chinese Footwear Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥87.4b | CN¥27.8b | CN¥2.0b | 38.7x | 43.5x | 3.1x |
| Wed, 20 Mar 2024 | CN¥85.1b | CN¥32.0b | CN¥1.0b | 21.1x | 83.7x | 2.7x |
| Fri, 16 Feb 2024 | CN¥82.2b | CN¥31.4b | CN¥887.6m | 21.8x | 92.6x | 2.6x |
| Sun, 14 Jan 2024 | CN¥81.9b | CN¥31.4b | CN¥887.6m | 20.5x | 92.3x | 2.6x |
| Tue, 12 Dec 2023 | CN¥76.6b | CN¥31.4b | CN¥887.6m | 18.1x | 86.3x | 2.4x |
| Thu, 09 Nov 2023 | CN¥80.1b | CN¥31.4b | CN¥887.6m | 19.3x | 90.2x | 2.6x |
| Sat, 07 Oct 2023 | CN¥78.3b | CN¥31.9b | CN¥1.2b | 18.8x | 63.8x | 2.5x |
| Mon, 04 Sep 2023 | CN¥81.9b | CN¥31.8b | CN¥1.2b | 19.7x | 67.2x | 2.6x |
| Wed, 02 Aug 2023 | CN¥88.1b | CN¥31.9b | CN¥1.4b | 21.5x | 61.7x | 2.8x |
| Fri, 30 Jun 2023 | CN¥75.7b | CN¥31.9b | CN¥1.4b | 17.5x | 53x | 2.4x |
| Sun, 28 May 2023 | CN¥73.6b | CN¥31.9b | CN¥1.4b | 15.6x | 51.5x | 2.3x |
| Tue, 25 Apr 2023 | CN¥81.1b | CN¥33.0b | CN¥2.1b | 285.6x | 38.6x | 2.5x |
| Thu, 23 Mar 2023 | CN¥86.4b | CN¥33.0b | CN¥2.1b | 313x | 41.2x | 2.6x |
| Sat, 18 Feb 2023 | CN¥94.0b | CN¥32.6b | CN¥2.1b | 306.1x | 44.9x | 2.9x |
| Mon, 16 Jan 2023 | CN¥104.2b | CN¥32.6b | CN¥2.1b | 288.8x | 49.8x | 3.2x |
| Wed, 14 Dec 2022 | CN¥88.2b | CN¥32.6b | CN¥2.1b | 312.1x | 42.2x | 2.7x |
| Fri, 11 Nov 2022 | CN¥79.8b | CN¥32.6b | CN¥2.1b | 290.1x | 38.2x | 2.4x |
| Sun, 09 Oct 2022 | CN¥78.8b | CN¥31.2b | CN¥1.9b | 93.6x | 41.8x | 2.5x |
| Tue, 06 Sep 2022 | CN¥95.8b | CN¥31.4b | CN¥2.0b | 105.1x | 48.9x | 3.1x |
| Thu, 04 Aug 2022 | CN¥91.3b | CN¥31.2b | CN¥1.9b | 104.5x | 47x | 2.9x |
| Sat, 02 Jul 2022 | CN¥108.9b | CN¥29.9b | CN¥1.7b | 114.7x | 62.4x | 3.6x |
| Mon, 30 May 2022 | CN¥115.3b | CN¥29.9b | CN¥1.7b | 111.4x | 66.1x | 3.9x |
| Wed, 27 Apr 2022 | CN¥95.0b | CN¥29.6b | CN¥1.2b | 40x | 78.5x | 3.2x |
| Fri, 25 Mar 2022 | CN¥116.6b | CN¥29.7b | CN¥2.0b | 46.3x | 59.2x | 3.9x |
| Sun, 20 Feb 2022 | CN¥124.2b | CN¥28.4b | CN¥1.8b | 49.2x | 70.5x | 4.4x |
| Tue, 18 Jan 2022 | CN¥128.3b | CN¥28.4b | CN¥1.8b | 56.1x | 72.9x | 4.5x |
| Thu, 16 Dec 2021 | CN¥133.8b | CN¥28.4b | CN¥1.8b | 52.1x | 76x | 4.7x |
| Sat, 13 Nov 2021 | CN¥139.4b | CN¥28.4b | CN¥1.8b | 44.4x | 79.2x | 4.9x |
| Mon, 11 Oct 2021 | CN¥137.8b | CN¥27.3b | CN¥1.8b | 47x | 75.5x | 5.1x |
| Wed, 08 Sep 2021 | CN¥133.4b | CN¥27.3b | CN¥1.8b | 47.2x | 73x | 4.9x |
| Fri, 06 Aug 2021 | CN¥139.7b | CN¥27.3b | CN¥1.8b | 47.5x | 76.5x | 5.1x |
| Mon, 10 May 2021 | CN¥146.4b | CN¥26.1b | CN¥1.5b | 49.4x | 95.8x | 5.6x |
Price to Earnings Ratio
95.8x
Current Industry PE
- Investors are pessimistic on the Chinese Footwear 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 43.5x which is lower than its 3-year average PE of 65.6x.
- The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Footwear industry have grown 9.6% per year over the last three years.
- Revenues for these companies have grown 2.1% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Footwear compare with similar industries?
| CN Market | -0.40% | |
| Consumer Discretionary | -0.46% | |
| Luxury | -3.59% | |
| Footwear | 3.89% | |
| Textiles | -4.80% | |
| Apparel, Accessories and Luxury Goods | -4.96% | |
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 | |
|---|---|---|---|---|---|
| 300979 Huali Industrial Group | CN¥66.34 | 4.2% +CN¥3.1b | 41.4% | PE24.2x |