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Chinese (SSE) Banks Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies30
  • 7D4.0%
  • 3M0.4%
  • 1Y-19.3%
  • YTD-18.2%

Over the last 7 days, the Banks industry has risen 4.0%, driven by gains from Industrial Bank of 3.8%. In contrast, the industry has lost 19% in the last 12 months. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Chinese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022CN„3.0tCN„1.3tCN„567.9b6x5.3x2.3x
Thu, 27 Oct 2022CN„2.7tCN„1.3tCN„558.2b5.8x4.9x2.2x
Sat, 24 Sep 2022CN„3.1tCN„1.3tCN„553.2b6.4x5.6x2.5x
Mon, 22 Aug 2022CN„3.1tCN„1.2tCN„544.7b6.3x5.6x2.5x
Wed, 20 Jul 2022CN„3.1tCN„1.2tCN„543.6b6.4x5.8x2.5x
Fri, 17 Jun 2022CN„3.4tCN„1.2tCN„541.5b6.9x6.3x2.8x
Sun, 15 May 2022CN„3.4tCN„1.2tCN„541.1b6.8x6.2x2.7x
Tue, 12 Apr 2022CN„3.7tCN„1.3tCN„531.7b7.4x7x2.8x
Thu, 10 Mar 2022CN„3.5tCN„1.4tCN„541.3b6.9x6.5x2.5x
Sat, 05 Feb 2022CN„3.8tCN„1.4tCN„541.1b7x7x2.8x
Mon, 03 Jan 2022CN„3.7tCN„1.2tCN„518.9b6.8x7.1x3.2x
Wed, 01 Dec 2021CN„3.7tCN„1.2tCN„518.9b6.9x7.1x3.2x
Fri, 29 Oct 2021CN„3.9tCN„1.1tCN„508.8b7.4x7.7x3.4x
Sun, 26 Sep 2021CN„3.4tCN„1.1tCN„495.8b7.8x6.8x3x
Tue, 24 Aug 2021CN„3.8tCN„1.1tCN„496.9b7.3x7.7x3.4x
Wed, 30 Jun 2021CN„4.1tCN„1.1tCN„487.9b7.6x8.4x3.7x
Sat, 03 Apr 2021CN„4.1tCN„1.1tCN„461.6b8.4x8.8x3.7x
Tue, 05 Jan 2021CN„3.6tCN„1.0tCN„450.2b8.7x8.1x3.5x
Fri, 09 Oct 2020CN„3.1tCN„999.5bCN„437.0b7.9x7.2x3.1x
Thu, 02 Jul 2020CN„3.0tCN„1.0tCN„444.3b7.1x6.8x3x
Sun, 05 Apr 2020CN„3.0tCN„1.0tCN„477.9b6.1x6.2x2.9x
Wed, 08 Jan 2020CN„3.5tCN„1.0tCN„466.4b7.7x7.6x3.5x
Price to Earnings Ratio

7.3x


Total Market Cap: CN„3.4tTotal Earnings: CN„461.7bTotal Revenue: CN„999.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Banks Industry Price to Earnings3Y Average 7.2x202020212022
Current Industry PE
  • Investors are pessimistic on the Chinese Banks 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 5.3x which is lower than its 3-year average PE of 7.2x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 7.1% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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 industry?

CN Market-1.52%
Financials1.81%
Banks4.00%
Regional Banks4.77%
Diversified Banks3.75%
Industry PE
  • Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 8.1x.
    • Analysts are expecting annual earnings growth of 17.6%, which is lower than the prior year's growth of 24.3% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 7.0x.
Forecasted Growth
  • Analysts are most optimistic on the Regional Banks industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 10% 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
601166 Industrial BankCN„16.733.8%
+CN„12.9b
-7.4%PB0.5x
1 Ping An BankCN„11.813.1%
+CN„6.8b
-32.6%PB0.6x
600000 Shanghai Pudong Development BankCN„7.072.8%
+CN„5.6b
-17.7%PB0.3x
2142 Bank of NingboCN„29.632.8%
+CN„5.4b
-23.8%PB1.3x
601818 China Everbright BankCN„2.923.5%
+CN„5.4b
-12.6%PB0.4x
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Latest News

601166

CN„16.73

Industrial Bank

7D

3.8%

1Y

-7.4%

1

CN„11.81

Ping An Bank

7D

3.1%

1Y

-32.6%

600036

CN„31.96

China Merchants Bank

7D

0.3%

1Y

-35.8%

600000

CN„7.07

Shanghai Pudong Development Bank

7D

2.8%

1Y

-17.7%

2142

CN„29.63

Bank of Ningbo

7D

2.8%

1Y

-23.8%

601009

CN„10.04

Bank of Nanjing

7D

2.8%

1Y

11.2%

600015

CN„5.09

Hua Xia Bank

7D

3.2%

1Y

-10.4%

600919

CN„7.28

Bank of Jiangsu

7D

3.7%

1Y

23.4%

601818

CN„2.92

China Everbright Bank

7D

3.5%

1Y

-12.6%