Chinese (SSE) Food Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies164
- 7D-1.2%
- 3M-2.5%
- 1Y-17.9%
- YTD-17.9%
Over the last 7 days, the Food industry has dropped 1.2%, driven by Yihai Kerry Arawana Holdings declining 4.0%. Meanwhile, Shandong Huifa FoodstuffLtd actually outperformed within the industry, gaining 61% in the last week. However, the industry is down 18% over the past year. Earnings are forecast to grow by 44% annually.
Industry Valuation and Performance
Has the Chinese Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | CN¥2.3t | CN¥1.8t | CN¥53.1b | 33.2x | 43x | 1.3x |
| Tue, 31 Oct 2023 | CN¥2.3t | CN¥1.7t | CN¥56.9b | 31.4x | 40x | 1.3x |
| Thu, 28 Sep 2023 | CN¥2.3t | CN¥1.7t | CN¥68.5b | 34.1x | 33.5x | 1.3x |
| Sat, 26 Aug 2023 | CN¥2.3t | CN¥1.7t | CN¥78.1b | 35.3x | 29.6x | 1.3x |
| Mon, 24 Jul 2023 | CN¥2.5t | CN¥1.7t | CN¥79.8b | 38.7x | 30.8x | 1.4x |
| Wed, 21 Jun 2023 | CN¥2.5t | CN¥1.7t | CN¥79.6b | 37.9x | 31x | 1.4x |
| Fri, 19 May 2023 | CN¥2.5t | CN¥1.7t | CN¥79.2b | 39.7x | 31.9x | 1.5x |
| Sun, 16 Apr 2023 | CN¥2.7t | CN¥1.6t | CN¥43.7b | 39.1x | 61.6x | 1.6x |
| Tue, 14 Mar 2023 | CN¥2.8t | CN¥1.6t | CN¥33.1b | 43.2x | 83.7x | 1.7x |
| Thu, 09 Feb 2023 | CN¥3.0t | CN¥1.7t | CN¥57.3b | 40.8x | 52.4x | 1.8x |
| Sat, 07 Jan 2023 | CN¥2.9t | CN¥1.7t | CN¥57.3b | 40.9x | 51.5x | 1.7x |
| Mon, 05 Dec 2022 | CN¥2.9t | CN¥1.7t | CN¥57.3b | 40.3x | 51x | 1.7x |
| Wed, 02 Nov 2022 | CN¥2.7t | CN¥1.7t | CN¥57.3b | 35.4x | 47.3x | 1.6x |
| Fri, 30 Sep 2022 | CN¥2.9t | CN¥1.6t | CN¥16.8b | 36.5x | 175x | 1.8x |
| Sun, 28 Aug 2022 | CN¥3.2t | CN¥1.6t | CN¥16.1b | 40x | 196.2x | 2x |
| Tue, 26 Jul 2022 | CN¥3.1t | CN¥1.6t | CN¥8.0b | 40x | 388.7x | 2x |
| Thu, 23 Jun 2022 | CN¥3.1t | CN¥1.5t | CN¥7.1b | 39.2x | 436.1x | 2x |
| Sat, 21 May 2022 | CN¥2.9t | CN¥1.5t | CN¥7.8b | 37.5x | 369x | 1.9x |
| Mon, 18 Apr 2022 | CN¥3.0t | CN¥1.6t | CN¥45.6b | 38.4x | 66.7x | 1.9x |
| Wed, 16 Mar 2022 | CN¥2.8t | CN¥1.6t | CN¥45.3b | 34.3x | 62.5x | 1.8x |
| Fri, 11 Feb 2022 | CN¥3.3t | CN¥1.5t | CN¥47.2b | 39.6x | 68.9x | 2.1x |
| Sun, 09 Jan 2022 | CN¥3.4t | CN¥1.5t | CN¥48.1b | 42x | 70.5x | 2.2x |
| Tue, 07 Dec 2021 | CN¥3.2t | CN¥1.5t | CN¥48.1b | 38.6x | 67x | 2.1x |
| Thu, 04 Nov 2021 | CN¥3.4t | CN¥1.5t | CN¥48.6b | 39.5x | 70.3x | 2.2x |
| Sat, 02 Oct 2021 | CN¥3.2t | CN¥1.5t | CN¥95.5b | 37.7x | 33.7x | 2.2x |
| Mon, 30 Aug 2021 | CN¥3.0t | CN¥1.5t | CN¥95.7b | 35.5x | 31.8x | 2x |
| Tue, 06 Jul 2021 | CN¥3.5t | CN¥1.5t | CN¥95.7b | 41.9x | 36.8x | 2.4x |
| Fri, 09 Apr 2021 | CN¥3.5t | CN¥1.4t | CN¥117.1b | 38.4x | 29.7x | 2.4x |
| Thu, 31 Dec 2020 | CN¥3.8t | CN¥1.3t | CN¥112.6b | 45x | 34.2x | 2.9x |
Price to Earnings Ratio
26.3x
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 43.0x which is lower than its 3-year average PE of 85.6x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 25% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 | -0.43% | |
| Consumer Staples | -1.55% | |
| Food | -1.18% | |
| Packaged Foods and Meats | -1.13% | |
| Agricultural Products | -1.57% | |
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 70.6x.
- Analysts are expecting annual earnings growth of 39.2%, which is higher than its past year's earnings growth of 6.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 77% over the next 5 years.
- This is better than its past earnings decline of 1.6% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 39% 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 | |
| 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¥537.9m | -25.3% | PS0.9x | |
| 998 Yuan Long Ping High-Tech Agriculture | CN¥16.68 | 2.5% +CN¥526.8m | 1.6% | PS4.9x | |
| 2041 ShanDongDenghai SeedsLtd | CN¥16.01 | 3.6% +CN¥484.0m | -25.3% | PE59.6x |