Tongyi Carbon Neutral Technology (Xinjiang) Co., Ltd (SHSE:600506) Stock Rockets 35% But Many Are Still Ignoring The Company
Nov 22
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Chinese (SSE) Agricultural Products Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies31
- 7D-2.4%
- 3M18.1%
- 1Y-13.5%
- YTDn/a
Over the last 7 days, the Agricultural Products industry has dropped 1.5%, driven by New Hope LiuheLtd declining 3.0%. Meanwhile, Tongyi Carbon Neutral Technology (Xinjiang) actually outperformed within the industry, gaining 24% in the last week. However, the industry is down 10% over the past year. As for the next few years, earnings are expected to grow by 36% per annum.
Industry Valuation and Performance
Has the Chinese Agricultural Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CN¥253.4b | CN¥276.9b | CN¥17.3b | 40.7x | 14.7x | 0.9x |
| Tue, 22 Oct 2024 | CN¥244.5b | CN¥289.9b | CN¥12.5b | 35.7x | 19.6x | 0.8x |
| Thu, 19 Sep 2024 | CN¥208.2b | CN¥289.9b | CN¥12.5b | 28x | 16.7x | 0.7x |
| Sat, 17 Aug 2024 | CN¥227.1b | CN¥302.0b | CN¥8.3b | 30.9x | 27.3x | 0.8x |
| Mon, 15 Jul 2024 | CN¥230.6b | CN¥303.1b | CN¥8.1b | 30.3x | 28.6x | 0.8x |
| Wed, 12 Jun 2024 | CN¥252.7b | CN¥303.1b | CN¥8.1b | 32.4x | 31.4x | 0.8x |
| Fri, 10 May 2024 | CN¥265.8b | CN¥302.8b | CN¥8.9b | 38.6x | 29.9x | 0.9x |
| Sun, 07 Apr 2024 | CN¥240.8b | CN¥331.2b | -CN¥4,416,314,616.00 | 28x | -54.5x | 0.7x |
| Tue, 05 Mar 2024 | CN¥230.2b | CN¥330.4b | -CN¥3,470,475,896.00 | 28.8x | -66.3x | 0.7x |
| Thu, 01 Feb 2024 | CN¥218.4b | CN¥331.4b | -CN¥3,477,491,205.00 | 32x | -62.8x | 0.7x |
| Sat, 30 Dec 2023 | CN¥258.1b | CN¥331.5b | -CN¥3,542,795,780.00 | 38.2x | -72.8x | 0.8x |
| Mon, 27 Nov 2023 | CN¥280.2b | CN¥334.1b | -CN¥3,448,536,166.00 | 40.8x | -81.3x | 0.8x |
| Wed, 25 Oct 2023 | CN¥266.4b | CN¥334.6b | CN¥1.1b | 35.5x | 248.7x | 0.8x |
| Fri, 22 Sep 2023 | CN¥277.5b | CN¥334.1b | CN¥1.1b | 37.8x | 259.4x | 0.8x |
| Sun, 20 Aug 2023 | CN¥287.4b | CN¥327.4b | CN¥2.6b | 37.4x | 112.4x | 0.9x |
| Tue, 18 Jul 2023 | CN¥305.8b | CN¥323.4b | CN¥2.5b | 37.2x | 120.8x | 0.9x |
| Thu, 15 Jun 2023 | CN¥293.6b | CN¥323.4b | CN¥2.5b | 32.8x | 115.9x | 0.9x |
| Sat, 13 May 2023 | CN¥297.4b | CN¥323.2b | CN¥2.5b | 33.3x | 120.3x | 0.9x |
| Mon, 10 Apr 2023 | CN¥335.7b | CN¥305.5b | -CN¥4,710,347,586.00 | 27.9x | -71.3x | 1.1x |
| Wed, 08 Mar 2023 | CN¥337.1b | CN¥299.1b | -CN¥5,690,177,449.00 | 30.2x | -59.2x | 1.1x |
| Fri, 03 Feb 2023 | CN¥534.5b | CN¥418.1b | CN¥18.5b | 27.4x | 28.8x | 1.3x |
| Sun, 01 Jan 2023 | CN¥500.3b | CN¥417.3b | CN¥18.5b | 26.3x | 27.1x | 1.2x |
| Tue, 29 Nov 2022 | CN¥512.2b | CN¥417.3b | CN¥18.5b | 29.6x | 27.7x | 1.2x |
| Thu, 27 Oct 2022 | CN¥518.9b | CN¥383.9b | CN¥5.0b | 31.8x | 104.5x | 1.4x |
| Sat, 24 Sep 2022 | CN¥537.6b | CN¥381.4b | CN¥4.2b | 40.4x | 127.5x | 1.4x |
| Mon, 22 Aug 2022 | CN¥608.8b | CN¥379.6b | CN¥2.6b | 42.9x | 231.6x | 1.6x |
| Wed, 20 Jul 2022 | CN¥607.5b | CN¥357.8b | -CN¥2,703,866,516.00 | 50.8x | -224.7x | 1.7x |
| Fri, 17 Jun 2022 | CN¥581.9b | CN¥356.6b | -CN¥2,774,505,483.00 | 57.9x | -209.7x | 1.6x |
| Sun, 15 May 2022 | CN¥489.1b | CN¥356.3b | -CN¥2,511,342,167.00 | 53.7x | -194.8x | 1.4x |
| Tue, 12 Apr 2022 | CN¥552.5b | CN¥404.2b | -CN¥3,049,639,150.00 | 60.9x | -181.2x | 1.4x |
| Thu, 10 Mar 2022 | CN¥525.9b | CN¥395.9b | -CN¥5,077,508,607.00 | 56.5x | -103.6x | 1.3x |
| Sat, 05 Feb 2022 | CN¥499.0b | CN¥395.3b | -CN¥5,082,991,824.00 | 58.4x | -98.2x | 1.3x |
| Mon, 03 Jan 2022 | CN¥579.1b | CN¥394.5b | -CN¥4,108,305,407.00 | 50.6x | -141x | 1.5x |
| Wed, 01 Dec 2021 | CN¥554.9b | CN¥394.5b | -CN¥4,108,305,407.00 | 47.3x | -135.1x | 1.4x |
Price to Earnings Ratio
-135.1x
Current Industry PE
- Investors are pessimistic on the Chinese Agricultural Products 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 15.1x which is higher than its 3-year average PE of -6.4x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.94x.
Past Earnings Growth
- Total earnings for the Agricultural Products industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 11% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Chinese Agricultural Products compare with similar industries?
| CN Market | -2.14% | |
| Consumer Staples | -3.79% | |
| Food | -3.53% | |
| Agricultural Products | -2.35% | |
| Packaged Foods and Meats | -3.68% | |
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 | |
|---|---|---|---|---|---|
| 600506 Tongyi Carbon Neutral Technology (Xinjiang) | CN¥17.11 | 24.0% +CN¥635.6m | 14.9% | PE531.7x | |
| 300505 Kunming Chuan Jin Nuo Chemical | CN¥16.88 | 8.6% +CN¥368.3m | 15.4% | PE36.5x | |
| 300189 Hainan Shennong Seed Industry Technology | CN¥3.58 | 5.0% +CN¥174.1m | 1.7% | PS21.2x | |
| 300087 Winall Hi-tech Seed | CN¥10.84 | 0.9% +CN¥94.7m | 15.7% | PE57.4x | |
| 600540 Xinjiang Sayram Modern Agriculture | CN¥4.08 | 0.5% +CN¥11.6m | -19.8% | PS2.3x |
