Chinese (SSE) Consumer Staples Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies263
- 7D-1.6%
- 3M-5.9%
- 1Y-8.3%
- YTD-11.8%
Over the last 7 days, the Consumer Staples industry has dropped 1.6%, driven by declines in Wuliangye YibinLtd and Kweichow Moutai of 3.9% and 0.9%, respectively. In contrast, Shandong Huifa FoodstuffLtd has gained 61%. The industry has fallen 8.3% in the last year. Looking forward, earnings are forecast to grow by 25% annually.
Sector Valuation and Performance
Has the Chinese Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | CN¥7.1t | CN¥2.7t | CN¥221.1b | 32.5x | 32.2x | 2.6x |
| Wed, 01 Nov 2023 | CN¥7.1t | CN¥2.7t | CN¥220.9b | 31.2x | 32.2x | 2.7x |
| Fri, 29 Sep 2023 | CN¥7.3t | CN¥2.7t | CN¥229.5b | 32.8x | 31.7x | 2.7x |
| Sun, 27 Aug 2023 | CN¥7.4t | CN¥2.7t | CN¥237.3b | 33.1x | 31.2x | 2.8x |
| Tue, 25 Jul 2023 | CN¥7.5t | CN¥2.6t | CN¥235.2b | 35.9x | 31.7x | 2.8x |
| Thu, 22 Jun 2023 | CN¥7.5t | CN¥2.6t | CN¥235.1b | 36.1x | 31.7x | 2.8x |
| Sat, 20 May 2023 | CN¥7.6t | CN¥2.6t | CN¥235.1b | 37x | 32.3x | 2.9x |
| Mon, 17 Apr 2023 | CN¥7.9t | CN¥2.5t | CN¥192.3b | 38.4x | 41.1x | 3.1x |
| Wed, 15 Mar 2023 | CN¥8.2t | CN¥2.4t | CN¥176.1b | 40x | 46.7x | 3.4x |
| Fri, 10 Feb 2023 | CN¥8.6t | CN¥2.5t | CN¥200.7b | 39.8x | 42.8x | 3.4x |
| Sun, 08 Jan 2023 | CN¥8.4t | CN¥2.5t | CN¥200.7b | 39.6x | 41.9x | 3.3x |
| Tue, 06 Dec 2022 | CN¥8.0t | CN¥2.5t | CN¥200.8b | 39x | 39.9x | 3.2x |
| Thu, 03 Nov 2022 | CN¥7.2t | CN¥2.5t | CN¥200.6b | 35.4x | 36x | 2.9x |
| Sat, 01 Oct 2022 | CN¥8.2t | CN¥2.4t | CN¥154.0b | 36.7x | 53.1x | 3.4x |
| Mon, 29 Aug 2022 | CN¥8.5t | CN¥2.4t | CN¥152.7b | 40.5x | 55.6x | 3.6x |
| Wed, 27 Jul 2022 | CN¥8.7t | CN¥2.3t | CN¥141.7b | 41.3x | 61.4x | 3.7x |
| Fri, 24 Jun 2022 | CN¥8.6t | CN¥2.3t | CN¥140.7b | 40.9x | 61.4x | 3.7x |
| Sun, 22 May 2022 | CN¥7.9t | CN¥2.3t | CN¥141.4b | 37.5x | 56.1x | 3.4x |
| Tue, 19 Apr 2022 | CN¥8.1t | CN¥2.3t | CN¥171.5b | 37x | 47.3x | 3.5x |
| Thu, 17 Mar 2022 | CN¥7.7t | CN¥2.3t | CN¥169.0b | 36.1x | 45.7x | 3.4x |
| Sat, 12 Feb 2022 | CN¥8.6t | CN¥2.3t | CN¥170.5b | 39.9x | 50.4x | 3.8x |
| Mon, 10 Jan 2022 | CN¥9.2t | CN¥2.3t | CN¥170.9b | 44.6x | 53.6x | 4.1x |
| Wed, 08 Dec 2021 | CN¥9.2t | CN¥2.3t | CN¥170.9b | 40.7x | 53.7x | 4.1x |
| Fri, 05 Nov 2021 | CN¥9.1t | CN¥2.2t | CN¥170.3b | 41.9x | 53.5x | 4.1x |
| Sun, 03 Oct 2021 | CN¥8.8t | CN¥2.2t | CN¥217.6b | 37.7x | 40.5x | 4x |
| Tue, 31 Aug 2021 | CN¥8.0t | CN¥2.2t | CN¥217.8b | 35.7x | 36.7x | 3.6x |
| Wed, 07 Jul 2021 | CN¥10.0t | CN¥2.2t | CN¥217.5b | 42.5x | 46.2x | 4.6x |
| Sat, 10 Apr 2021 | CN¥9.3t | CN¥2.1t | CN¥235.3b | 39.8x | 39.4x | 4.4x |
| Fri, 01 Jan 2021 | CN¥9.9t | CN¥2.0t | CN¥224.3b | 46.3x | 44.1x | 5x |
Price to Earnings Ratio
36.8x
Current Industry PE
- Investors are pessimistic on the Chinese Consumer Staples 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 32.2x which is lower than its 3-year average PE of 44.0x.
- The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 Trends
Which industries have driven the changes within the Chinese Consumer Staples sector?
| CN Market | -0.43% | |
| Consumer Staples | -1.55% | |
| Tobacco | 1.16% | |
| Food and Staples Retail | 0.36% | |
| Household Products | -0.51% | |
| Personal Products | -0.98% | |
| Food | -1.18% | |
| Beverage | -1.93% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 90.9x.
- Analysts are expecting annual earnings growth of 30.6%, which is higher than its past year's earnings growth of 20.7% per year.
- Investors are most pessimistic about the Tobacco industry, which is trading below its 3-year average of 67.9x.
Forecasted Growth
- Analysts are most optimistic on the Household Products industry, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings growth rate of 6.0% per year.
- In contrast, the Beverage industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| 603536 Shandong Huifa FoodstuffLtd | CN¥15.19 | 61.1% +CN¥1.4b | 105.8% | PS2.1x | |
| 603939 Yifeng Pharmacy Chain | CN¥38.35 | 1.7% +CN¥656.9m | -22.2% | PE26.9x | |
| 603697 YouYou Foods | CN¥9.77 | 14.8% +CN¥538.9m | 16.3% | PE26.8x | |
| 2385 Beijing Dabeinong Technology GroupLtd | CN¥7.17 | 1.8% +CN¥537.7m | -25.3% | PS0.9x | |
| 3010 Guangzhou Ruoyuchen TechnologyLtd | CN¥25.15 | 20.9% +CN¥530.0m | 49.6% | PE64.9x |