Chinese (SSE) Beverage Industry Analysis
- 7D-3.5%
- 3M-3.2%
- 1Y-9.1%
- YTD-8.9%
Over the last 7 days, the Beverage industry has dropped 3.5%, driven by a decline by Kweichow Moutai of 4.1%. However, the industry is down 9.1% over the past year.
Industry Valuation and Performance
Has the Chinese Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 19 Jan 2022 | CN„4.9t | CN„346.3b | CN„110.4b | 50.7x |
| Fri, 17 Dec 2021 | CN„5.6t | CN„346.3b | CN„110.4b | 57.9x |
| Sun, 14 Nov 2021 | CN„4.8t | CN„346.3b | CN„110.4b | 51.4x |
| Tue, 12 Oct 2021 | CN„5.1t | CN„335.9b | CN„106.8b | 60x |
| Thu, 09 Sep 2021 | CN„4.5t | CN„335.8b | CN„106.8b | 54.1x |
| Sat, 07 Aug 2021 | CN„4.7t | CN„335.8b | CN„106.8b | 50.7x |
| Fri, 30 Apr 2021 | CN„5.4t | CN„318.3b | CN„101.2b | 55.7x |
| Mon, 01 Feb 2021 | CN„5.5t | CN„297.4b | CN„95.2b | 61.6x |
| Thu, 05 Nov 2020 | CN„4.3t | CN„293.9b | CN„91.2b | 44.6x |
| Sun, 09 Aug 2020 | CN„4.0t | CN„286.8b | CN„88.6b | 38.8x |
| Sat, 02 May 2020 | CN„2.8t | CN„282.3b | CN„87.2b | 28.2x |
| Tue, 04 Feb 2020 | CN„2.6t | CN„283.9b | CN„85.4b | 30.3x |
| Fri, 08 Nov 2019 | CN„2.7t | CN„269.8b | CN„84.1b | 34.3x |
| Thu, 01 Aug 2019 | CN„2.4t | CN„263.4b | CN„81.2b | 32.8x |
| Sun, 05 May 2019 | CN„2.3t | CN„256.9b | CN„78.2b | 33.1x |
| Wed, 06 Feb 2019 | CN„1.6t | CN„242.9b | CN„72.0b | 25.6x |
25.6x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 50.7x which is higher than its 3-year average PE of 42.1x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Beverage industry have grown 15% per year over the last three years, and revenues for these companies have grown 13% 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 Beverage industry?
| Brewers | -0.27% | |
| Distillers and Wine Makers | -3.46% | |
| Soft Drinks | -9.07% | |
Industry PE: Investors are most optimistic about the Brewers industry, which is trading close to its 3-year average PE ratio of 61.1x. This is likely because analysts are expecting annual earnings growth of 19%, which is higher than its past year's earnings growth of 12% per year. Meanwhile, investors are most pessimistic about the Distillers and Wine Makers industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 40.5x.
Forecasted Growth: Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 47% per year. Meanwhile, 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 | |
|---|---|---|---|---|---|
| 568 Luzhou LaojiaoLtd | CN„235.72 | 2.0% +CN„6.9b | 2.5% | PE46.2x | |
| 600132 Chongqing Brewery | CN„130.82 | 3.5% +CN„2.1b | 7.6% | PE59.9x | |
| 600559 Hebei Hengshui Laobaigan Liquor | CN„26.86 | 3.4% +CN„798.6m | -2.0% | PE73.3x | |
| 605499 Eastroc Beverage (Group)Ltd | CN„172.15 | 0.7% +CN„500.0m | n/a | PE62.4x | |
| 600238 HaiNan Yedao (Group) | CN„17.77 | 4.0% +CN„304.8m | 118.0% | PE171.8x |