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Chinese (SSE) Financials Sector Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies99
  • 7D1.0%
  • 3M-3.6%
  • 1Y-21.5%
  • YTD-23.4%

Last week, the Financials industry hasn't moved much but China Merchants Bank is up 7.4% in that time. As for the longer term, the industry has declined 21% in the last year. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the Chinese Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022CN„5.8tCN„2.6tCN„729.7b14.7x7.9x2.3x
Thu, 27 Oct 2022CN„5.4tCN„2.6tCN„737.4b12x7.3x2.1x
Sat, 24 Sep 2022CN„5.9tCN„2.6tCN„732.2b12.6x8x2.3x
Mon, 22 Aug 2022CN„6.0tCN„2.6tCN„734.9b13x8.2x2.3x
Wed, 20 Jul 2022CN„6.0tCN„2.6tCN„733.2b12.7x8.2x2.3x
Fri, 17 Jun 2022CN„6.6tCN„2.6tCN„730.6b14.2x9.1x2.6x
Sun, 15 May 2022CN„6.2tCN„2.6tCN„730.1b12.6x8.5x2.4x
Tue, 12 Apr 2022CN„6.8tCN„2.7tCN„751.6b12.3x9.1x2.5x
Thu, 10 Mar 2022CN„6.6tCN„2.8tCN„761.2b12.2x8.7x2.4x
Sat, 05 Feb 2022CN„7.1tCN„2.7tCN„757.6b13.2x9.4x2.6x
Mon, 03 Jan 2022CN„7.4tCN„2.5tCN„727.5b14.8x10.1x3x
Wed, 01 Dec 2021CN„7.1tCN„2.5tCN„726.4b14.6x9.8x2.9x
Fri, 29 Oct 2021CN„7.3tCN„2.5tCN„732.8b14.2x10x3x
Sun, 26 Sep 2021CN„6.8tCN„2.4tCN„718.3b15.2x9.5x2.8x
Tue, 24 Aug 2021CN„7.4tCN„2.4tCN„718.4b14.8x10.3x3x
Wed, 30 Jun 2021CN„7.6tCN„2.4tCN„709.5b15.1x10.7x3.1x
Sat, 03 Apr 2021CN„7.5tCN„2.4tCN„648.3b16.3x11.6x3.2x
Tue, 05 Jan 2021CN„7.6tCN„2.2tCN„628.0b19.1x12x3.4x
Fri, 09 Oct 2020CN„7.0tCN„2.2tCN„613.0b19.1x11.4x3.2x
Thu, 02 Jul 2020CN„6.3tCN„2.1tCN„604.8b18.7x10.4x2.9x
Sun, 05 Apr 2020CN„5.9tCN„2.1tCN„622.2b20.1x9.4x2.8x
Wed, 08 Jan 2020CN„6.8tCN„2.1tCN„613.5b21x11x3.3x
Price to Earnings Ratio

10.3x


Total Market Cap: CN„6.2tTotal Earnings: CN„599.7bTotal Revenue: CN„2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Financials Sector Price to Earnings3Y Average 10.2x202020212022
Current Industry PE
  • Investors are pessimistic on the Chinese Financials 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 7.9x which is lower than its 3-year average PE of 10.2x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 6.8% per year over the last three years.
  • Revenues for these companies have grown 8.6% 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-1.98%
Financials0.97%
Diversified Financial3.56%
Insurance2.62%
Banks2.14%
Mortgage Finance0%
Mortgage REITs0%
Capital Markets-0.63%
Consumer Finance-1.83%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 20.4%, which is higher than its past year's earnings decline of 21.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 22% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 12% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600036 China Merchants BankCN„34.867.4%
+CN„60.8b
-29.6%PB1x
601166 Industrial BankCN„17.817.9%
+CN„27.0b
-1.1%PB0.5x
1 Ping An BankCN„12.999.9%
+CN„22.7b
-25.5%PB0.6x
2142 Bank of NingboCN„32.5910.1%
+CN„19.7b
-16.2%PB1.4x
300059 East Money InformationLtdCN„18.623.8%
+CN„9.1b
-35.5%PE27.6x
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Latest News

600036

CN„34.86

China Merchants Bank

7D

7.4%

1Y

-29.6%

601166

CN„17.81

Industrial Bank

7D

7.9%

1Y

-1.1%

600816

CN„3.72

Anxin Trust

7D

-1.8%

1Y

-22.2%

600599

CN„11.09

Panda Financial Holding

7D

-1.2%

1Y

27.5%

600030

CN„19.74

CITIC Securities

7D

3.0%

1Y

-17.0%

300059

CN„18.62

East Money InformationLtd

7D

3.8%

1Y

-35.5%

2961

CN„14.36

Ruida Futures

7D

-0.1%

1Y

-40.4%

2945

CN„14.22

ChinaLin Securities

7D

-1.0%

1Y

36.1%

1

CN„12.99

Ping An Bank

7D

9.9%

1Y

-25.5%

601601

CN„24.44

China Pacific Insurance (Group)

7D

3.9%

1Y

-9.8%

600000

CN„7.27

Shanghai Pudong Development Bank

7D

3.6%

1Y

-14.6%

2142

CN„32.59

Bank of Ningbo

7D

10.1%

1Y

-16.2%