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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 30 May 2023 | CN¥218.1b | CN¥157.0b | CN¥6.2b | 28.9x | 35.4x | 1.4x |
| Thu, 27 Apr 2023 | CN¥222.6b | CN¥164.3b | CN¥8.9b | 26.6x | 25x | 1.4x |
| Sat, 25 Mar 2023 | CN¥233.8b | CN¥163.9b | CN¥8.6b | 32.5x | 27.1x | 1.4x |
| Mon, 20 Feb 2023 | CN¥230.4b | CN¥163.3b | CN¥8.6b | 34x | 26.7x | 1.4x |
| Wed, 18 Jan 2023 | CN¥217.2b | CN¥163.4b | CN¥8.6b | 32.3x | 25.1x | 1.3x |
| Fri, 16 Dec 2022 | CN¥221.8b | CN¥163.1b | CN¥8.6b | 32.5x | 25.8x | 1.4x |
| Sun, 13 Nov 2022 | CN¥203.1b | CN¥161.1b | CN¥8.4b | 30.4x | 24.3x | 1.3x |
| Tue, 11 Oct 2022 | CN¥188.0b | CN¥159.5b | CN¥9.7b | 20.1x | 19.5x | 1.2x |
| Thu, 08 Sep 2022 | CN¥210.5b | CN¥159.7b | CN¥9.7b | 22.7x | 21.7x | 1.3x |
| Sat, 06 Aug 2022 | CN¥206.2b | CN¥160.1b | CN¥10.3b | 23.2x | 20x | 1.3x |
| Mon, 04 Jul 2022 | CN¥208.3b | CN¥160.2b | CN¥10.2b | 21.5x | 20.4x | 1.3x |
| Wed, 01 Jun 2022 | CN¥197.5b | CN¥160.3b | CN¥10.2b | 20.8x | 19.3x | 1.2x |
| Fri, 29 Apr 2022 | CN¥175.7b | CN¥157.6b | CN¥10.0b | 19.2x | 17.5x | 1.1x |
| Sun, 27 Mar 2022 | CN¥250.9b | CN¥157.5b | CN¥10.6b | 19.7x | 23.7x | 1.6x |
| Tue, 22 Feb 2022 | CN¥289.2b | CN¥159.2b | CN¥10.2b | 22.5x | 28.3x | 1.8x |
| Thu, 20 Jan 2022 | CN¥289.6b | CN¥159.1b | CN¥10.0b | 23.8x | 29x | 1.8x |
| Sat, 18 Dec 2021 | CN¥278.3b | CN¥158.1b | CN¥9.9b | 21.4x | 28x | 1.8x |
| Mon, 15 Nov 2021 | CN¥282.3b | CN¥158.0b | CN¥10.0b | 21x | 28.4x | 1.8x |
| Wed, 13 Oct 2021 | CN¥276.8b | CN¥150.7b | CN¥9.0b | 25.5x | 30.7x | 1.8x |
| Fri, 10 Sep 2021 | CN¥312.5b | CN¥149.9b | CN¥8.9b | 27.4x | 35.1x | 2.1x |
| Sun, 08 Aug 2021 | CN¥254.0b | CN¥149.4b | CN¥8.8b | 24.1x | 28.7x | 1.7x |
| Sat, 01 May 2021 | CN¥216.5b | CN¥139.3b | CN¥7.1b | 22.8x | 30.4x | 1.6x |
| Tue, 02 Feb 2021 | CN¥198.6b | CN¥130.5b | CN¥5.3b | 32.1x | 37.4x | 1.5x |
| Fri, 06 Nov 2020 | CN¥209.0b | CN¥127.7b | CN¥4.9b | 32.5x | 42.8x | 1.6x |
| Mon, 10 Aug 2020 | CN¥201.7b | CN¥129.0b | CN¥4.9b | 30.6x | 41x | 1.6x |
Price to Earnings Ratio
29.3x
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2427 Zhejiang Unifull Industrial Fibre | CN¥8.23 | 13.5% +CN¥965.7m | -0.8% | PE11.8x | |
| 936 Jiangsu HuaxicunLtd | CN¥7.02 | 13.2% +CN¥726.5m | 43.3% | PE29.4x | |
| 603306 HMT (Xiamen) New Technical Materials | CN¥31.23 | 4.0% +CN¥530.1m | 11.4% | PE60.5x | |
| 158 Shijiazhuang ChangShan BeiMing TechnologyLtd | CN¥6.64 | 4.1% +CN¥415.6m | 16.5% | PS1.2x | |
| 601599 Zhewen Pictures Groupltd | CN¥3.62 | 9.0% +CN¥348.2m | -7.2% | PE50.5x |