Chinese (SSE) Beverage Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 27 Jan 2023	CN¥5.0t	CN¥396.2b	CN¥130.3b	40.5x	38.1x	12.5x
Sun, 25 Dec 2022	CN¥4.6t	CN¥396.0b	CN¥130.3b	40.9x	35.6x	11.7x
Tue, 22 Nov 2022	CN¥4.0t	CN¥395.9b	CN¥130.3b	32.8x	30.5x	10x
Thu, 20 Oct 2022	CN¥4.1t	CN¥387.3b	CN¥127.1b	35.1x	32.6x	10.7x
Sat, 17 Sep 2022	CN¥4.5t	CN¥382.4b	CN¥124.5b	38.5x	36.3x	11.8x
Mon, 15 Aug 2022	CN¥4.8t	CN¥379.8b	CN¥124.2b	42x	38.6x	12.6x
Wed, 13 Jul 2022	CN¥4.9t	CN¥376.3b	CN¥122.3b	42.9x	40x	13x
Fri, 10 Jun 2022	CN¥4.7t	CN¥376.4b	CN¥122.3b	43.4x	38.1x	12.4x
Sun, 08 May 2022	CN¥4.3t	CN¥376.2b	CN¥122.0b	38.9x	35.6x	11.5x
Tue, 05 Apr 2022	CN¥4.3t	CN¥353.4b	CN¥113.3b	43.1x	38.3x	12.3x
Thu, 03 Mar 2022	CN¥4.8t	CN¥347.4b	CN¥110.6b	50.4x	43.4x	13.8x
Sat, 29 Jan 2022	CN¥4.8t	CN¥346.3b	CN¥110.4b	48.3x	43.4x	13.8x
Mon, 27 Dec 2021	CN¥5.7t	CN¥346.3b	CN¥110.4b	61.1x	51.2x	16.3x
Wed, 24 Nov 2021	CN¥5.1t	CN¥346.3b	CN¥110.4b	52.9x	45.9x	14.6x
Fri, 22 Oct 2021	CN¥5.0t	CN¥335.9b	CN¥106.9b	56.5x	47x	14.9x
Sun, 19 Sep 2021	CN¥4.6t	CN¥335.9b	CN¥106.8b	52.8x	43.4x	13.8x
Tue, 17 Aug 2021	CN¥4.6t	CN¥335.8b	CN¥106.8b	54.5x	43.5x	13.8x
Tue, 01 Jun 2021	CN¥6.0t	CN¥323.9b	CN¥102.2b	64.3x	59x	18.6x
Fri, 05 Mar 2021	CN¥5.3t	CN¥297.4b	CN¥95.2b	57.2x	55.5x	17.8x
Mon, 07 Dec 2020	CN¥4.5t	CN¥293.9b	CN¥91.2b	47.7x	49.2x	15.3x
Thu, 10 Sep 2020	CN¥4.4t	CN¥286.8b	CN¥88.6b	46.4x	49.3x	15.2x
Wed, 03 Jun 2020	CN¥3.1t	CN¥282.3b	CN¥87.2b	30.9x	35.6x	11x
Sat, 07 Mar 2020	CN¥2.5t	CN¥283.9b	CN¥85.4b	26.7x	29x	8.7x

Current Industry PE

Investors are pessimistic on the Chinese Beverage 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 38.1x which is lower than its 3-year average PE of 42.7x.

Past Earnings Growth

The earnings for companies in the Beverage industry have grown 15% per year over the last three years.
Revenues for these companies have grown 12% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Consumer Staples industry?

Industry PE

Investors are most optimistic about the Soft Drinks industry, which is trading close to its 3-year average PE ratio of 57.1x.

Analysts expect its future annual earnings growth (24.9%) to be largely in line with prior year's earnings growth.

Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading below its 3-year average of 42.4x.

Forecasted Growth

Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 25% over the next 5 years.
This is roughly in line with its past earnings growth rate.

In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 17% 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
729 Beijing Yanjing BreweryLtd	CN¥10.84	1.1% +CN¥338.2m	43.2%	PE90.6x
600084 Citic Guoan WineLTD	CN¥7.14	2.6% +CN¥202.3m	73.3%	PE2897.7x
600199 Anhui Golden Seed Winery	CN¥25.77	0.4% +CN¥59.2m	95.4%	PS13.9x

Nov 16

Industry Valuation and Performance