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Chinese (SSE) Food Industry Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies165
  • 7D-2.4%
  • 3M-12.9%
  • 1Y-17.4%
  • YTD-21.3%

Over the last 7 days, the Food industry has dropped 3.4%, driven by pullbacks in Foshan Haitian Flavouring and Food and Muyuan Foods of 3.9% and 4.4%, respectively. In contrast, SDIC Zhonglu Fruit JuiceLtd has gained 12%. Overall the industry is down 18% in 12 months. Earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022CN¥2.8tCN¥1.7tCN¥57.3b36.9x48.4x1.6x
Tue, 25 Oct 2022CN¥2.9tCN¥1.6tCN¥20.5b36.5x139.8x1.8x
Thu, 22 Sep 2022CN¥2.9tCN¥1.6tCN¥16.4b37.7x179.1x1.8x
Sat, 20 Aug 2022CN¥3.1tCN¥1.6tCN¥17.2b38.1x181.3x2x
Mon, 18 Jul 2022CN¥3.2tCN¥1.6tCN¥8.0b38.8x395.2x2x
Wed, 15 Jun 2022CN¥3.0tCN¥1.5tCN¥7.2b38.6x422.8x2x
Fri, 13 May 2022CN¥2.9tCN¥1.5tCN¥7.7b36.8x371.8x1.9x
Sun, 10 Apr 2022CN¥2.9tCN¥1.6tCN¥44.7b37x65.6x1.9x
Tue, 08 Mar 2022CN¥3.1tCN¥1.6tCN¥44.8b37.4x69.4x2x
Thu, 03 Feb 2022CN¥3.1tCN¥1.5tCN¥47.4b36.3x65.4x2x
Sat, 01 Jan 2022CN¥3.4tCN¥1.5tCN¥48.1b42.5x70.2x2.2x
Mon, 29 Nov 2021CN¥3.3tCN¥1.5tCN¥48.1b38.7x67.8x2.1x
Wed, 27 Oct 2021CN¥3.3tCN¥1.5tCN¥80.4b39.5x40.8x2.2x
Fri, 24 Sep 2021CN¥3.0tCN¥1.5tCN¥95.3b36.1x31.5x2x
Sun, 22 Aug 2021CN¥3.0tCN¥1.5tCN¥95.7b35.8x31.6x2x
Fri, 09 Jul 2021CN¥3.5tCN¥1.5tCN¥95.7b41.9x36.8x2.4x
Thu, 01 Apr 2021CN¥3.5tCN¥1.4tCN¥117.1b38.4x29.7x2.4x
Sun, 03 Jan 2021CN¥3.8tCN¥1.3tCN¥112.6b45x34.2x2.9x
Wed, 07 Oct 2020CN¥3.0tCN¥1.1tCN¥120.3b41.5x25.3x2.8x
Tue, 30 Jun 2020CN¥2.7tCN¥1.0tCN¥104.0b37.9x25.9x2.6x
Fri, 03 Apr 2020CN¥2.4tCN¥961.8bCN¥89.1b37x27.3x2.5x
Mon, 06 Jan 2020CN¥2.1tCN¥917.9bCN¥73.4b36.6x28.1x2.2x
Price to Earnings Ratio

32.9x


Total Market Cap: CN¥2.0tTotal Earnings: CN¥61.4bTotal Revenue: CN¥871.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Food Industry Price to Earnings3Y Average 78.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Chinese Food 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 48.4x which is lower than its 3-year average PE of 78.9x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 2.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 25% 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, which has decreased profits.

Industry Trends

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

CN Market-1.52%
Consumer Staples-3.15%
Food-2.37%
Agricultural Products-1.37%
Packaged Foods and Meats-2.60%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 65.0x.
    • Analysts are expecting annual earnings growth of 32.7%, which is higher than its past year's earnings decline of 7.8% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 33% over the next 5 years.
  • This is better than its past earnings decline of 7.8% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 31% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
895 Henan Shuanghui Investment & DevelopmentLtdCN¥25.461.4%
+CN¥1.2b
-12.2%PE16.1x
2458 Shandong Yisheng Livestock & Poultry BreedingCN¥15.963.4%
+CN¥516.3m
49.0%PS8.7x
603609 Wellhope FoodsCN¥14.094.0%
+CN¥483.4m
53.7%PE30x
2385 Beijing Dabeinong Technology GroupLtdCN¥9.141.2%
+CN¥455.5m
2.6%PS1.3x
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtdCN¥35.421.6%
+CN¥424.0m
4.7%PE34.4x
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Juewei Food

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-7.5%

1Y

-21.1%

605388

CN¥15.11

Juneyao Grand Healthy DrinksCo.Ltd

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6.6%

1Y

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603609

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603345

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Anjoy Foods Group

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603288

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Foshan Haitian Flavouring and Food

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1Y

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600882

CN¥26.92

Shanghai Milkground Food Tech

7D

-15.5%

1Y

-54.4%

600438

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TongweiLtd

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300999

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Yihai Kerry Arawana Holdings

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2385

CN¥9.14

Beijing Dabeinong Technology GroupLtd

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798

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CNFC Overseas FisheriesLtd

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8.3%

1Y

59.7%

895

CN¥25.46

Henan Shuanghui Investment & DevelopmentLtd

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1.4%

1Y

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603668

CN¥18.26

Fujian Tianma Science and Technology Group

7D

4.2%

1Y

129.1%

2311

CN¥57.71

Guangdong Haid Group

7D

-3.3%

1Y

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