Shanghai LaiyifenLtd's (SHSE:603777) Sluggish Earnings Might Be Just The Beginning Of Its Problems
May 03
Chinese (SSE) Food Retail Industry Analysis
UpdatedMay 05, 2024
DataAggregated Company Financials
Companies13
- 7D3.2%
- 3M8.3%
- 1Y-26.9%
- YTDn/a
The Food Retail industry is up 3.9% in the last week, with Yonghui Superstores up 11%. During this same period, the Renrenle Commercial GroupLtd underperformed, falling 23%. In the past year, the industry is down 29%. Earnings are forecast to grow by 57% annually.
Industry Valuation and Performance
Has the Chinese Food Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 05 May 2024 | CN¥96.3b | CN¥184.8b | -CN¥1,096,559,207.00 | 38.5x | -87.8x | 0.5x |
| Tue, 02 Apr 2024 | CN¥96.2b | CN¥190.2b | -CN¥2,377,058,595.00 | 33.8x | -40.5x | 0.5x |
| Thu, 29 Feb 2024 | CN¥95.0b | CN¥190.2b | -CN¥2,383,233,891.00 | 32.7x | -39.8x | 0.5x |
| Sat, 27 Jan 2024 | CN¥103.1b | CN¥190.1b | -CN¥2,436,623,784.00 | 36.7x | -42.3x | 0.5x |
| Mon, 25 Dec 2023 | CN¥108.7b | CN¥190.0b | -CN¥2,417,382,511.00 | 34.7x | -45x | 0.6x |
| Wed, 22 Nov 2023 | CN¥116.3b | CN¥190.0b | -CN¥2,417,382,511.00 | 39.9x | -48.1x | 0.6x |
| Fri, 20 Oct 2023 | CN¥111.2b | CN¥193.6b | -CN¥2,901,428,090.00 | 41.6x | -38.3x | 0.6x |
| Sun, 17 Sep 2023 | CN¥121.1b | CN¥193.6b | -CN¥2,901,428,090.00 | 45.5x | -41.7x | 0.6x |
| Tue, 15 Aug 2023 | CN¥136.7b | CN¥201.9b | -CN¥3,756,687,568.00 | 49.8x | -36.4x | 0.7x |
| Thu, 13 Jul 2023 | CN¥130.8b | CN¥202.0b | -CN¥3,759,300,861.00 | 47.5x | -34.8x | 0.6x |
| Sat, 10 Jun 2023 | CN¥136.5b | CN¥202.0b | -CN¥3,759,300,861.00 | 48.3x | -36.3x | 0.7x |
| Mon, 08 May 2023 | CN¥137.9b | CN¥203.9b | -CN¥3,451,997,955.00 | 54.2x | -39.9x | 0.7x |
| Wed, 05 Apr 2023 | CN¥140.7b | CN¥214.0b | -CN¥2,409,455,050.00 | 54.4x | -58.4x | 0.7x |
| Fri, 03 Mar 2023 | CN¥140.2b | CN¥214.0b | -CN¥1,900,335,144.00 | 45.3x | -73.8x | 0.7x |
| Sun, 29 Jan 2023 | CN¥135.1b | CN¥214.0b | -CN¥1,900,335,144.00 | 43.9x | -71.1x | 0.6x |
| Tue, 27 Dec 2022 | CN¥139.6b | CN¥214.0b | -CN¥1,900,335,144.00 | 45.6x | -73.4x | 0.7x |
| Thu, 24 Nov 2022 | CN¥120.7b | CN¥214.0b | -CN¥1,900,335,141.00 | 40.9x | -63.5x | 0.6x |
| Sat, 22 Oct 2022 | CN¥117.2b | CN¥216.1b | -CN¥1,966,409,945.00 | 36.9x | -59.6x | 0.5x |
| Mon, 19 Sep 2022 | CN¥126.9b | CN¥215.8b | -CN¥1,889,282,358.00 | 39.8x | -67.2x | 0.6x |
| Wed, 17 Aug 2022 | CN¥132.8b | CN¥216.6b | -CN¥1,673,394,605.00 | 29.7x | -79.4x | 0.6x |
| Fri, 15 Jul 2022 | CN¥85.7b | CN¥89.8b | CN¥1.1b | 39.3x | 75.3x | 1x |
| Sun, 12 Jun 2022 | CN¥83.1b | CN¥89.8b | CN¥1.1b | 38.8x | 73x | 0.9x |
| Tue, 10 May 2022 | CN¥84.4b | CN¥89.8b | CN¥1.1b | 41.7x | 74.2x | 0.9x |
| Thu, 07 Apr 2022 | CN¥86.7b | CN¥89.7b | CN¥2.7b | 34.3x | 32.7x | 1x |
| Sat, 05 Mar 2022 | CN¥94.7b | CN¥89.2b | CN¥1.9b | 46x | 49x | 1.1x |
| Mon, 31 Jan 2022 | CN¥89.3b | CN¥89.2b | CN¥1.9b | 47.4x | 46.2x | 1x |
| Wed, 29 Dec 2021 | CN¥94.9b | CN¥89.2b | CN¥1.9b | 44.1x | 49.3x | 1.1x |
| Fri, 26 Nov 2021 | CN¥89.3b | CN¥89.2b | CN¥1.9b | 47.8x | 46.4x | 1x |
| Sun, 24 Oct 2021 | CN¥70.4b | CN¥80.4b | CN¥2.0b | 34.8x | 34.5x | 0.9x |
| Tue, 21 Sep 2021 | CN¥65.5b | CN¥79.6b | CN¥1.9b | 33.4x | 33.6x | 0.8x |
| Thu, 19 Aug 2021 | CN¥63.6b | CN¥79.3b | CN¥1.9b | 33.3x | 32.7x | 0.8x |
| Thu, 03 Jun 2021 | CN¥78.4b | CN¥79.4b | CN¥2.1b | 42.3x | 38x | 1x |
Price to Earnings Ratio
38x
Current Industry PE
- Investors are pessimistic on the Chinese Food Retail industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- Total earnings for the Food Retail industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 33% 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 Comparison
How does Chinese Food Retail compare with similar industries?
| CN Market | 1.22% | |
| Consumer Staples | 0.83% | |
| Food and Staples Retail | 2.77% | |
| Food Retail | 3.15% | |
| Drug Retail | 2.96% | |
| Food Distributors | 1.27% | |
| Big Box Super Stores | 0.58% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601933 Yonghui Superstores | CN¥2.43 | 6.6% +CN¥1.3b | -28.5% | PS0.3x | |
| 600827 Shanghai Bailian (Group) | CN¥8.87 | 5.0% +CN¥749.4m | -35.6% | PE41.3x | |
| 601116 Sanjiang Shopping ClubLtd | CN¥8.92 | 6.1% +CN¥279.3m | -24.1% | PE35.7x | |
| 759 Zhongbai Holdings GroupLtd | CN¥3.65 | 12.0% +CN¥255.7m | -22.2% | PS0.2x | |
| 301078 Kidswant Children ProductsLtd | CN¥6.47 | 2.9% +CN¥198.3m | -42.1% | PE65.3x |
