Analysts Have Made A Financial Statement On Kweichow Moutai Co., Ltd.'s (SHSE:600519) Second-Quarter Report
Aug 11
Chinese (SSE) Beverage Industry Analysis
UpdatedAug 12, 2024
DataAggregated Company Financials
Companies37
- 7D3.9%
- 3M-17.3%
- 1Y-25.3%
- YTD-13.9%
Over the last 7 days, the Beverage industry has risen 3.9%, driven by gains from Kweichow Moutai of 3.7%. However, the industry is down 25% over the past year. Earnings are forecast to grow by 13% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 12 Aug 2024 | CN¥3.4t | CN¥498.7b | CN¥172.6b | 22.8x | 19.8x | 6.8x |
| Wed, 10 Jul 2024 | CN¥3.4t | CN¥493.3b | CN¥170.1b | 21.6x | 19.9x | 6.9x |
| Fri, 07 Jun 2024 | CN¥3.9t | CN¥493.3b | CN¥170.1b | 26.4x | 23.1x | 8x |
| Sun, 05 May 2024 | CN¥4.1t | CN¥493.3b | CN¥169.2b | 27.6x | 24.4x | 8.4x |
| Tue, 02 Apr 2024 | CN¥4.2t | CN¥459.0b | CN¥154.8b | 30.4x | 26.9x | 9.1x |
| Thu, 29 Feb 2024 | CN¥3.9t | CN¥457.8b | CN¥154.6b | 28.8x | 25.4x | 8.6x |
| Sat, 27 Jan 2024 | CN¥3.8t | CN¥457.8b | CN¥154.7b | 29.9x | 24.4x | 8.2x |
| Mon, 25 Dec 2023 | CN¥3.9t | CN¥458.2b | CN¥154.7b | 29.7x | 25.4x | 8.6x |
| Wed, 22 Nov 2023 | CN¥4.3t | CN¥454.0b | CN¥154.6b | 31.6x | 28.1x | 9.6x |
| Fri, 20 Oct 2023 | CN¥4.0t | CN¥439.7b | CN¥148.8b | 29.7x | 27.1x | 9.2x |
| Sun, 17 Sep 2023 | CN¥4.5t | CN¥439.5b | CN¥148.8b | 32.5x | 30x | 10.2x |
| Tue, 15 Aug 2023 | CN¥4.5t | CN¥431.5b | CN¥146.3b | 34.5x | 30.7x | 10.4x |
| Thu, 13 Jul 2023 | CN¥4.3t | CN¥424.9b | CN¥143.3b | 34.6x | 29.9x | 10.1x |
| Sat, 10 Jun 2023 | CN¥4.2t | CN¥425.0b | CN¥143.3b | 34.2x | 29.3x | 9.9x |
| Mon, 08 May 2023 | CN¥4.5t | CN¥424.1b | CN¥143.1b | 38x | 31.7x | 10.7x |
| Wed, 05 Apr 2023 | CN¥4.9t | CN¥401.2b | CN¥133.1b | 43.2x | 36.7x | 12.2x |
| Fri, 03 Mar 2023 | CN¥5.0t | CN¥396.0b | CN¥130.3b | 45.5x | 38.2x | 12.6x |
| Sun, 29 Jan 2023 | CN¥5.0t | CN¥396.2b | CN¥130.3b | 40.5x | 38.1x | 12.5x |
| Tue, 27 Dec 2022 | CN¥4.6t | CN¥396.0b | CN¥130.3b | 40.4x | 35.6x | 11.7x |
| Thu, 24 Nov 2022 | CN¥4.0t | CN¥395.9b | CN¥130.3b | 32.8x | 30.8x | 10.1x |
| Sat, 22 Oct 2022 | CN¥4.1t | CN¥387.3b | CN¥127.1b | 34.6x | 32.3x | 10.6x |
| Mon, 19 Sep 2022 | CN¥4.5t | CN¥383.4b | CN¥125.1b | 38.5x | 36.1x | 11.8x |
| Wed, 17 Aug 2022 | CN¥4.7t | CN¥379.8b | CN¥124.2b | 41.3x | 38.1x | 12.5x |
| Fri, 15 Jul 2022 | CN¥4.9t | CN¥376.3b | CN¥122.3b | 43.3x | 40.1x | 13x |
| Sun, 12 Jun 2022 | CN¥4.7t | CN¥376.3b | CN¥122.3b | 44x | 38.8x | 12.6x |
| Tue, 10 May 2022 | CN¥4.3t | CN¥376.4b | CN¥122.3b | 38.2x | 34.8x | 11.3x |
| Thu, 07 Apr 2022 | CN¥4.3t | CN¥353.4b | CN¥113.3b | 42.6x | 37.9x | 12.2x |
| Sat, 05 Mar 2022 | CN¥4.6t | CN¥347.4b | CN¥110.6b | 49.6x | 41.5x | 13.2x |
| Mon, 31 Jan 2022 | CN¥4.8t | CN¥346.3b | CN¥110.4b | 48.3x | 43.4x | 13.8x |
| Wed, 29 Dec 2021 | CN¥5.6t | CN¥346.3b | CN¥110.4b | 61.7x | 50.7x | 16.1x |
| Fri, 26 Nov 2021 | CN¥5.2t | CN¥346.3b | CN¥110.4b | 54.2x | 47.2x | 15x |
| Sun, 24 Oct 2021 | CN¥5.1t | CN¥341.7b | CN¥108.5b | 56.5x | 47.1x | 15x |
| Tue, 21 Sep 2021 | CN¥4.6t | CN¥335.8b | CN¥106.8b | 52.8x | 43.4x | 13.8x |
| Thu, 19 Aug 2021 | CN¥4.6t | CN¥335.8b | CN¥106.8b | 55x | 43x | 13.7x |
Price to Earnings Ratio
43x
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 19.8x which is lower than its 3-year average PE of 34.0x.
- The 3-year average PS ratio of 11.2x is higher than the industry's current PS ratio of 6.8x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 14% 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?
| CN Market | -1.62% | |
| Consumer Staples | 2.33% | |
| Beverage | 3.92% | |
| Distillers and Wine Makers | 4.05% | |
| Brewers | 2.47% | |
| Soft Drinks | 0.94% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 48.9x.
- Analysts are expecting annual earnings growth of 23.0%, which is lower than the prior year's growth of 38.5% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading below its 3-year average of 33.7x.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 38% per year.
- In contrast, the Distillers and Wine Makers industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 600519 Kweichow Moutai | CN¥1.44k | 3.7% +CN¥64.5b | -21.7% | PE22.4x | |
| 600809 Shanxi Xinghuacun Fen Wine FactoryLtd | CN¥193.50 | 9.3% +CN¥20.1b | -14.5% | PE19.9x | |
| 000858 Wuliangye YibinLtd | CN¥128.08 | 3.5% +CN¥17.0b | -25.7% | PE15.7x | |
| 000568 Luzhou LaojiaoLtd | CN¥129.15 | 4.7% +CN¥8.5b | -44.5% | PE13.5x | |
| 000596 Anhui Gujing Distillery | CN¥190.91 | 7.1% +CN¥6.7b | -28.5% | PE19.8x |
