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Chinese (SSE) Textiles Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies52
  • 7D-1.3%
  • 3M-12.0%
  • 1Y3.9%
  • YTD-3.0%

Over the last 7 days, the Textiles industry has dropped 1.3%, driven by a pullback from Luolai Lifestyle Technology of 6.1%. Meanwhile, Zhejiang Unifull Industrial Fibre actually outperformed within the industry, gaining 17% in the last week. This takes the industry's 12 month performance to a gain of 3.9%. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023CN¥218.1bCN¥157.0bCN¥6.2b28.9x35.4x1.4x
Thu, 27 Apr 2023CN¥222.6bCN¥164.3bCN¥8.9b26.6x25x1.4x
Sat, 25 Mar 2023CN¥233.8bCN¥163.9bCN¥8.6b32.5x27.1x1.4x
Mon, 20 Feb 2023CN¥230.4bCN¥163.3bCN¥8.6b34x26.7x1.4x
Wed, 18 Jan 2023CN¥217.2bCN¥163.4bCN¥8.6b32.3x25.1x1.3x
Fri, 16 Dec 2022CN¥221.8bCN¥163.1bCN¥8.6b32.5x25.8x1.4x
Sun, 13 Nov 2022CN¥203.1bCN¥161.1bCN¥8.4b30.4x24.3x1.3x
Tue, 11 Oct 2022CN¥188.0bCN¥159.5bCN¥9.7b20.1x19.5x1.2x
Thu, 08 Sep 2022CN¥210.5bCN¥159.7bCN¥9.7b22.7x21.7x1.3x
Sat, 06 Aug 2022CN¥206.2bCN¥160.1bCN¥10.3b23.2x20x1.3x
Mon, 04 Jul 2022CN¥208.3bCN¥160.2bCN¥10.2b21.5x20.4x1.3x
Wed, 01 Jun 2022CN¥197.5bCN¥160.3bCN¥10.2b20.8x19.3x1.2x
Fri, 29 Apr 2022CN¥175.7bCN¥157.6bCN¥10.0b19.2x17.5x1.1x
Sun, 27 Mar 2022CN¥250.9bCN¥157.5bCN¥10.6b19.7x23.7x1.6x
Tue, 22 Feb 2022CN¥289.2bCN¥159.2bCN¥10.2b22.5x28.3x1.8x
Thu, 20 Jan 2022CN¥289.6bCN¥159.1bCN¥10.0b23.8x29x1.8x
Sat, 18 Dec 2021CN¥278.3bCN¥158.1bCN¥9.9b21.4x28x1.8x
Mon, 15 Nov 2021CN¥282.3bCN¥158.0bCN¥10.0b21x28.4x1.8x
Wed, 13 Oct 2021CN¥276.8bCN¥150.7bCN¥9.0b25.5x30.7x1.8x
Fri, 10 Sep 2021CN¥312.5bCN¥149.9bCN¥8.9b27.4x35.1x2.1x
Sun, 08 Aug 2021CN¥254.0bCN¥149.4bCN¥8.8b24.1x28.7x1.7x
Sat, 01 May 2021CN¥216.5bCN¥139.3bCN¥7.1b22.8x30.4x1.6x
Tue, 02 Feb 2021CN¥198.6bCN¥130.5bCN¥5.3b32.1x37.4x1.5x
Fri, 06 Nov 2020CN¥209.0bCN¥127.7bCN¥4.9b32.5x42.8x1.6x
Mon, 10 Aug 2020CN¥201.7bCN¥129.0bCN¥4.9b30.6x41x1.6x
Price to Earnings Ratio

29.3x


Total Market Cap: CN¥174.4bTotal Earnings: CN¥5.9bTotal Revenue: CN¥138.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Textiles Industry Price to Earnings3Y Average 29.8x202120222023
Current Industry PE
  • Investors are optimistic on the Chinese Textiles industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 35.4x which is higher than its 3-year average PE of 29.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Textiles industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 4.2% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Chinese Textiles compare with similar industries?

CN Market-1.82%
Consumer Discretionary-2.75%
Luxury-2.70%
Textiles-1.31%
Apparel, Accessories and Luxury Goods-2.34%
Footwear-7.93%
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?

CompanyLast Price7D1YValuation
2427 Zhejiang Unifull Industrial FibreCN¥8.2313.5%
+CN¥965.7m
-0.8%PE11.8x
936 Jiangsu HuaxicunLtdCN¥7.0213.2%
+CN¥726.5m
43.3%PE29.4x
603306 HMT (Xiamen) New Technical MaterialsCN¥31.234.0%
+CN¥530.1m
11.4%PE60.5x
158 Shijiazhuang ChangShan BeiMing TechnologyLtdCN¥6.644.1%
+CN¥415.6m
16.5%PS1.2x
601599 Zhewen Pictures GroupltdCN¥3.629.0%
+CN¥348.2m
-7.2%PE50.5x
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Latest News

2427

CN¥8.23

Zhejiang Unifull Industrial Fibre

7D

13.5%

1Y

-0.8%

936

CN¥7.02

Jiangsu HuaxicunLtd

7D

13.2%

1Y

43.3%

601599

CN¥3.62

Zhewen Pictures Groupltd

7D

9.0%

1Y

-7.2%

300918

CN¥12.09

Shandong Nanshan Zhishang Sci-TechLtd

7D

-3.7%

1Y

47.8%

2293

CN¥11.71

Luolai Lifestyle Technology

7D

-6.2%

1Y

-5.6%

603073

CN¥21.15

Zhejiang Cady Industry

7D

3.4%

1Y

n/a

2042

CN¥3.21

Huafu Fashion

7D

1.9%

1Y

-13.2%

2193

CN¥6.51

Shandong Ruyi Woolen Garment Group

7D

-10.3%

1Y

12.0%

2397

CN¥3.48

Hunan Mendale HometextileLtd

7D

-6.2%

1Y

-2.0%

603365

CN¥14.26

Shanghai Shuixing Home Textile

7D

-6.7%

1Y

-5.5%

158

CN¥6.64

Shijiazhuang ChangShan BeiMing TechnologyLtd

7D

4.1%

1Y

16.5%

603889

CN¥6.00

Zhejiang Xinao Textiles

7D

-5.5%

1Y

34.4%

603055

CN¥9.69

Zhejiang Taihua New MaterialLtd

7D

-2.3%

1Y

-9.8%

601339

CN¥6.12

Bros Eastern.Ltd

7D

1.8%

1Y

5.2%

603306

CN¥31.23

HMT (Xiamen) New Technical Materials

7D

4.0%

1Y

11.4%

603130

CN¥22.64

Zhejiang Yunzhongma

7D

-8.3%

1Y

n/a