Guilin Seamild Foods Co., Ltd's (SZSE:002956) Share Price Not Quite Adding Up
May 30
Chinese (SSE) Food Industry Analysis
UpdatedJun 02, 2024
DataAggregated Company Financials
Companies163
- 7D-2.3%
- 3M2.6%
- 1Y-12.2%
- YTD-2.8%
Over the last 7 days, the Food industry has dropped 2.3%, driven by pullbacks in Yihai Kerry Arawana Holdings and Muyuan Foods of 3.0% and 1.9%, respectively. On the other hand Jiangxi Zhengbang TechnologyLtd is actually up 5.3%. However, the industry is down 12% over the past year. As for the next few years, earnings are expected to grow by 32% per annum.
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, 02 Jun 2024 | CN¥2.2t | CN¥1.7t | CN¥48.4b | 27.8x | 45.7x | 1.3x |
| Tue, 30 Apr 2024 | CN¥2.2t | CN¥1.8t | CN¥43.5b | 27.9x | 50.2x | 1.2x |
| Thu, 28 Mar 2024 | CN¥2.1t | CN¥1.7t | CN¥44.5b | 27.3x | 48.1x | 1.2x |
| Sat, 24 Feb 2024 | CN¥2.1t | CN¥1.7t | CN¥52.9b | 28.2x | 40.6x | 1.2x |
| Mon, 22 Jan 2024 | CN¥2.1t | CN¥1.7t | CN¥52.9b | 31.2x | 40.2x | 1.2x |
| Wed, 20 Dec 2023 | CN¥2.2t | CN¥1.7t | CN¥52.8b | 31.9x | 41.5x | 1.3x |
| Fri, 17 Nov 2023 | CN¥2.3t | CN¥1.7t | CN¥53.0b | 32.3x | 43.1x | 1.3x |
| Sun, 15 Oct 2023 | CN¥2.2t | CN¥1.7t | CN¥68.7b | 32.7x | 32.6x | 1.3x |
| Tue, 12 Sep 2023 | CN¥2.3t | CN¥1.7t | CN¥68.9b | 34.5x | 33.6x | 1.3x |
| Thu, 10 Aug 2023 | CN¥2.5t | CN¥1.7t | CN¥80.1b | 37.7x | 30.9x | 1.4x |
| Sat, 08 Jul 2023 | CN¥2.4t | CN¥1.7t | CN¥79.6b | 37.8x | 30.5x | 1.4x |
| Mon, 05 Jun 2023 | CN¥2.5t | CN¥1.7t | CN¥79.6b | 39.8x | 31x | 1.4x |
| Wed, 03 May 2023 | CN¥2.7t | CN¥1.7t | CN¥76.0b | 38.9x | 35.2x | 1.6x |
| Fri, 31 Mar 2023 | CN¥2.7t | CN¥1.6t | CN¥42.0b | 43.8x | 65.4x | 1.7x |
| Sun, 26 Feb 2023 | CN¥3.1t | CN¥1.7t | CN¥57.2b | 44.3x | 53.3x | 1.8x |
| Tue, 24 Jan 2023 | CN¥3.0t | CN¥1.7t | CN¥57.3b | 39.3x | 52.4x | 1.7x |
| Thu, 22 Dec 2022 | CN¥2.9t | CN¥1.7t | CN¥57.3b | 40.5x | 50.8x | 1.7x |
| Sat, 19 Nov 2022 | CN¥2.8t | CN¥1.7t | CN¥57.3b | 39x | 49.5x | 1.7x |
| Mon, 17 Oct 2022 | CN¥3.0t | CN¥1.6t | CN¥16.7b | 39.3x | 179.2x | 1.9x |
| Wed, 14 Sep 2022 | CN¥3.0t | CN¥1.6t | CN¥16.7b | 39x | 182.2x | 1.9x |
| Fri, 12 Aug 2022 | CN¥3.1t | CN¥1.6t | CN¥12.6b | 38.4x | 243.4x | 2x |
| Sun, 10 Jul 2022 | CN¥3.3t | CN¥1.5t | CN¥7.0b | 41.8x | 469.3x | 2.1x |
| Tue, 07 Jun 2022 | CN¥2.9t | CN¥1.5t | CN¥7.2b | 38.9x | 406.4x | 1.9x |
| Thu, 05 May 2022 | CN¥2.9t | CN¥1.6t | -CN¥9,017,058,305.00 | 35.3x | -319.9x | 1.8x |
| Sat, 02 Apr 2022 | CN¥3.1t | CN¥1.6t | CN¥44.7b | 38.4x | 68.8x | 2x |
| Mon, 28 Feb 2022 | CN¥3.1t | CN¥1.6t | CN¥44.0b | 38.1x | 71.2x | 2x |
| Wed, 26 Jan 2022 | CN¥3.1t | CN¥1.5t | CN¥48.3b | 36.8x | 65x | 2x |
| Fri, 24 Dec 2021 | CN¥3.3t | CN¥1.5t | CN¥48.1b | 40.9x | 69.4x | 2.2x |
| Sun, 21 Nov 2021 | CN¥3.4t | CN¥1.5t | CN¥48.1b | 39.4x | 70.1x | 2.2x |
| Tue, 19 Oct 2021 | CN¥3.2t | CN¥1.5t | CN¥95.2b | 38.1x | 34x | 2.2x |
| Thu, 16 Sep 2021 | CN¥3.0t | CN¥1.5t | CN¥95.5b | 36.9x | 31.4x | 2x |
| Sat, 14 Aug 2021 | CN¥3.2t | CN¥1.5t | CN¥95.7b | 37.3x | 33.4x | 2.1x |
| Wed, 09 Jun 2021 | CN¥3.7t | CN¥1.4t | CN¥120.1b | 43.9x | 30.9x | 2.6x |
Price to Earnings Ratio
30.9x
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 45.7x which is lower than its 3-year average PE of 87.5x.
- The 3-year average PS ratio of 1.7x 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 26% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.7% 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 | -0.39% | |
| Consumer Staples | -2.13% | |
| Food | -2.29% | |
| Packaged Foods and Meats | -2.18% | |
| Agricultural Products | -3.04% | |
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 71.3x.
- Analysts are expecting annual earnings growth of 28.4%, which is higher than its past year's earnings growth of 1.0% 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 Agricultural Products industry, expecting annual earnings growth of 61% over the next 5 years.
- This is better than its past earnings growth rate of 4.4% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 28% 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 | |
|---|---|---|---|---|---|
| 2157 Jiangxi Zhengbang TechnologyLtd | CN¥3.38 | 5.3% +CN¥1.6b | 47.0% | PE3.2x | |
| 2505 Pengdu Agriculture & Animal HusbandryLtd | CN¥0.95 | 8.0% +CN¥446.2m | -51.0% | PS0.4x | |
| 2124 Tech-Bank Food | CN¥2.52 | 8.2% +CN¥422.2m | -43.4% | PS0.6x | |
| 300783 Three Squirrels | CN¥24.31 | 3.5% +CN¥331.2m | 11.2% | PE28.8x | |
| 605016 Shandong Bailong Chuangyuan Bio-Tech | CN¥30.85 | 3.4% +CN¥251.0m | 47.3% | PE37.9x |
