Why Investors Shouldn't Be Surprised By TECON BIOLOGY Co.LTD's (SZSE:002100) Low P/S
Apr 12
Chinese (SSE) Agricultural Products Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies31
- 7D-6.6%
- 3M-9.7%
- 1Y-27.7%
- YTDn/a
Over the last 7 days, the Agricultural Products industry has dropped 5.8%, driven by New Hope LiuheLtd declining 7.6%. However, the industry is down 26% over the past year. Earnings are forecast to grow by 76% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | CN¥222.4b | CN¥331.4b | -CN¥4,479,675,733.00 | 26x | -49.6x | 0.7x |
| Thu, 14 Mar 2024 | CN¥230.3b | CN¥330.4b | -CN¥3,470,475,896.00 | 27.8x | -66.4x | 0.7x |
| Sat, 10 Feb 2024 | CN¥222.6b | CN¥330.4b | -CN¥3,470,475,896.00 | 26.4x | -64.1x | 0.7x |
| Mon, 08 Jan 2024 | CN¥250.2b | CN¥331.5b | -CN¥3,542,795,780.00 | 37.2x | -70.6x | 0.8x |
| Wed, 06 Dec 2023 | CN¥265.0b | CN¥331.5b | -CN¥3,542,795,780.00 | 39.4x | -74.8x | 0.8x |
| Fri, 03 Nov 2023 | CN¥271.8b | CN¥334.1b | -CN¥3,449,521,384.00 | 40.4x | -78.8x | 0.8x |
| Sun, 01 Oct 2023 | CN¥277.2b | CN¥334.1b | CN¥1.1b | 38.7x | 259.1x | 0.8x |
| Tue, 29 Aug 2023 | CN¥283.8b | CN¥327.3b | CN¥2.2b | 44.3x | 131x | 0.9x |
| Thu, 27 Jul 2023 | CN¥298.3b | CN¥326.9b | CN¥2.6b | 38.4x | 113.1x | 0.9x |
| Sat, 24 Jun 2023 | CN¥286.8b | CN¥323.4b | CN¥2.5b | 36x | 113.3x | 0.9x |
| Mon, 22 May 2023 | CN¥296.8b | CN¥323.3b | CN¥2.5b | 35.3x | 119.2x | 0.9x |
| Wed, 19 Apr 2023 | CN¥325.2b | CN¥305.5b | -CN¥4,704,547,667.00 | 30.2x | -69.1x | 1.1x |
| Fri, 17 Mar 2023 | CN¥324.9b | CN¥303.4b | -CN¥4,632,800,419.00 | 29.7x | -70.1x | 1.1x |
| Sun, 12 Feb 2023 | CN¥527.9b | CN¥418.1b | CN¥18.5b | 27.6x | 28.5x | 1.3x |
| Tue, 10 Jan 2023 | CN¥509.6b | CN¥417.3b | CN¥18.5b | 26.4x | 27.6x | 1.2x |
| Thu, 08 Dec 2022 | CN¥527.5b | CN¥417.3b | CN¥18.5b | 29.6x | 28.5x | 1.3x |
| Sat, 05 Nov 2022 | CN¥531.7b | CN¥415.5b | CN¥18.4b | 28.6x | 28.9x | 1.3x |
| Mon, 03 Oct 2022 | CN¥513.8b | CN¥381.4b | CN¥4.2b | 39.7x | 121.9x | 1.3x |
| Wed, 31 Aug 2022 | CN¥604.8b | CN¥379.2b | CN¥1.9b | 43.7x | 315.3x | 1.6x |
| Fri, 29 Jul 2022 | CN¥586.5b | CN¥357.9b | -CN¥2,689,933,130.00 | 51x | -218x | 1.6x |
| Sun, 26 Jun 2022 | CN¥601.5b | CN¥357.1b | -CN¥2,703,947,745.00 | 51.7x | -222.5x | 1.7x |
| Tue, 24 May 2022 | CN¥533.1b | CN¥356.2b | -CN¥2,519,523,154.00 | 55.8x | -211.6x | 1.5x |
| Thu, 21 Apr 2022 | CN¥558.0b | CN¥404.2b | -CN¥3,034,465,748.00 | 62.7x | -183.9x | 1.4x |
| Sat, 19 Mar 2022 | CN¥530.7b | CN¥394.5b | -CN¥5,677,505,667.00 | 59x | -93.5x | 1.3x |
| Mon, 14 Feb 2022 | CN¥520.9b | CN¥395.3b | -CN¥5,082,991,824.00 | 62.1x | -102.5x | 1.3x |
| Wed, 12 Jan 2022 | CN¥568.2b | CN¥394.5b | -CN¥4,108,305,407.00 | 51x | -138.3x | 1.4x |
| Fri, 10 Dec 2021 | CN¥570.9b | CN¥394.5b | -CN¥4,108,305,407.00 | 51.7x | -139x | 1.4x |
| Sun, 07 Nov 2021 | CN¥591.3b | CN¥399.1b | -CN¥4,472,513,816.00 | 47.4x | -132.2x | 1.5x |
| Tue, 05 Oct 2021 | CN¥566.5b | CN¥384.2b | CN¥12.2b | 45.6x | 46.3x | 1.5x |
| Thu, 02 Sep 2021 | CN¥593.5b | CN¥384.7b | CN¥12.2b | 43.6x | 48.5x | 1.5x |
| Sat, 31 Jul 2021 | CN¥516.6b | CN¥384.7b | CN¥12.2b | 37x | 42.2x | 1.3x |
| Tue, 04 May 2021 | CN¥503.7b | CN¥356.7b | CN¥20.4b | 36.6x | 24.6x | 1.4x |
Price to Earnings Ratio
24.6x
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 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.68x.
Past Earnings Growth
- Total earnings for the Agricultural Products industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 2.4% per year, which is driving profits down.
Industry Comparison
How does Chinese Agricultural Products compare with similar industries?
| CN Market | -1.04% | |
| Consumer Staples | -1.12% | |
| Food | -4.08% | |
| Agricultural Products | -6.58% | |
| Packaged Foods and Meats | -3.77% | |
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 | |
|---|---|---|---|---|---|
| 600598 Heilongjiang Agriculture | CN¥12.80 | 0.9% +CN¥195.5m | -3.8% | PE21.4x | |
| 300505 Kunming Chuan Jin Nuo Chemical | CN¥12.92 | 0.4% +CN¥13.7m | -42.7% | PS1.3x |
