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Chinese (SSE) Financials Sector Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies105
- 7D1.7%
- 3M-3.2%
- 1Y29.7%
- YTD0.4%
In the last week, the Financials industry is up 1.7%, with China Merchants Bank up 4.4%. This means that the industry has gained 30% over the past year. Earnings are forecast to grow by 9.9% annually.
Sector Valuation and Performance
Has the Chinese Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 Jan 2025 | CN¥8.4t | CN¥3.3t | CN¥896.3b | 18.9x | 9.4x | 2.6x |
| Sun, 15 Dec 2024 | CN¥8.7t | CN¥3.2t | CN¥888.8b | 21x | 9.8x | 2.7x |
| Tue, 12 Nov 2024 | CN¥9.1t | CN¥3.2t | CN¥888.8b | 24x | 10.2x | 2.8x |
| Thu, 10 Oct 2024 | CN¥8.5t | CN¥3.2t | CN¥835.7b | 21.8x | 10.2x | 2.7x |
| Sat, 07 Sep 2024 | CN¥6.5t | CN¥3.2t | CN¥836.6b | 15.4x | 7.8x | 2.1x |
| Mon, 05 Aug 2024 | CN¥6.6t | CN¥3.1t | CN¥813.0b | 15.6x | 8.2x | 2.1x |
| Wed, 03 Jul 2024 | CN¥6.8t | CN¥3.1t | CN¥812.8b | 15.5x | 8.3x | 2.2x |
| Fri, 31 May 2024 | CN¥7.0t | CN¥3.1t | CN¥812.7b | 16.4x | 8.7x | 2.3x |
| Sun, 28 Apr 2024 | CN¥6.9t | CN¥3.3t | CN¥836.4b | 16.3x | 8.2x | 2.1x |
| Tue, 26 Mar 2024 | CN¥6.6t | CN¥3.7t | CN¥857.1b | 15.1x | 7.8x | 1.8x |
| Thu, 22 Feb 2024 | CN¥6.9t | CN¥3.9t | CN¥839.8b | 15.6x | 8.2x | 1.8x |
| Sat, 20 Jan 2024 | CN¥6.4t | CN¥3.8t | CN¥833.1b | 14x | 7.7x | 1.7x |
| Mon, 18 Dec 2023 | CN¥5.9t | CN¥2.6t | CN¥754.6b | 15.2x | 7.8x | 2.2x |
| Wed, 15 Nov 2023 | CN¥6.2t | CN¥2.6t | CN¥754.5b | 16.2x | 8.2x | 2.4x |
| Fri, 13 Oct 2023 | CN¥6.3t | CN¥2.6t | CN¥767.7b | 15.8x | 8.3x | 2.4x |
| Sun, 10 Sep 2023 | CN¥6.4t | CN¥2.6t | CN¥773.3b | 16.2x | 8.3x | 2.5x |
| Tue, 08 Aug 2023 | CN¥6.8t | CN¥2.6t | CN¥773.0b | 18.3x | 8.8x | 2.6x |
| Thu, 06 Jul 2023 | CN¥6.1t | CN¥2.6t | CN¥770.6b | 14.9x | 7.9x | 2.3x |
| Sat, 03 Jun 2023 | CN¥6.2t | CN¥2.6t | CN¥770.4b | 15.4x | 8.1x | 2.4x |
| Mon, 01 May 2023 | CN¥6.4t | CN¥2.7t | CN¥766.5b | 17x | 8.3x | 2.4x |
| Wed, 29 Mar 2023 | CN¥6.2t | CN¥2.8t | CN¥775.8b | 17.1x | 8x | 2.2x |
| Fri, 24 Feb 2023 | CN¥6.4t | CN¥2.7t | CN¥772.5b | 17x | 8.3x | 2.4x |
| Sun, 22 Jan 2023 | CN¥6.6t | CN¥2.4t | CN¥763.6b | 16.7x | 8.6x | 2.7x |
| Tue, 20 Dec 2022 | CN¥6.0t | CN¥2.6t | CN¥729.7b | 14.7x | 8.2x | 2.3x |
| Thu, 17 Nov 2022 | CN¥5.9t | CN¥2.6t | CN¥729.8b | 16x | 8x | 2.3x |
| Sat, 15 Oct 2022 | CN¥5.6t | CN¥2.6t | CN¥732.2b | 12.3x | 7.7x | 2.2x |
| Mon, 12 Sep 2022 | CN¥6.1t | CN¥2.6t | CN¥735.3b | 13.5x | 8.4x | 2.4x |
| Wed, 10 Aug 2022 | CN¥5.9t | CN¥2.6t | CN¥733.5b | 12.5x | 8x | 2.3x |
| Fri, 08 Jul 2022 | CN¥6.5t | CN¥2.6t | CN¥730.6b | 13.5x | 8.8x | 2.5x |
| Sun, 05 Jun 2022 | CN¥6.3t | CN¥2.6t | CN¥730.6b | 12.7x | 8.6x | 2.4x |
| Tue, 03 May 2022 | CN¥6.4t | CN¥2.7t | CN¥745.7b | 11.8x | 8.6x | 2.4x |
| Thu, 31 Mar 2022 | CN¥6.8t | CN¥2.7t | CN¥748.5b | 12.9x | 9.1x | 2.5x |
| Sat, 26 Feb 2022 | CN¥7.1t | CN¥2.8t | CN¥759.5b | 13.3x | 9.4x | 2.6x |
| Mon, 24 Jan 2022 | CN¥7.5t | CN¥2.7t | CN¥753.7b | 14.3x | 10x | 2.8x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are optimistic on the Chinese Financials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 9.4x which is higher than its 3-year average PE of 8.4x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 5.9% per year over the last three years.
- Revenues for these companies have grown 6.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Financials sector?
| CN Market | 1.20% | |
| Financials | 1.72% | |
| Diversified Financial | 4.07% | |
| Consumer Finance | 3.38% | |
| Banks | 2.19% | |
| Capital Markets | 2.13% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Insurance | -0.93% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 30.1x.
- Analysts are expecting annual earnings growth of 13.1%, which is higher than its past year's earnings decline of 25.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Insurance industry is expected to see its earnings grow by 2.7% 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 | |
|---|---|---|---|---|---|
| 600036 China Merchants Bank | CN¥40.71 | 4.4% +CN¥43.6b | 36.9% | PB0.9x | |
| 300059 East Money InformationLtd | CN¥23.44 | 7.1% +CN¥24.6b | 84.6% | PE46.1x | |
| 300033 Hithink RoyalFlush Information Network | CN¥290.60 | 16.0% +CN¥21.5b | 136.0% | PE121.8x | |
| 600030 CITIC Securities | CN¥27.31 | 3.2% +CN¥12.6b | 40.3% | PE20.7x | |
| 601318 Ping An Insurance (Group) Company of China | CN¥49.38 | 0.9% +CN¥7.8b | 26.0% | PE7.6x |