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Chinese (SSE) Diversified Banks Industry Analysis
UpdatedJan 17, 2025
DataAggregated Company Financials
Companies12
- 7D2.6%
- 3M2.6%
- 1Y33.4%
- YTDn/a
The Diversified Banks is pretty flat in the last 7 days, but China Merchants Bank has stood out, gaining 5.1%. As for the the longer term, the industry is up 33% over the past 12 months. Looking forward, earnings are forecast to grow by 6.6% annually.
Industry Valuation and Performance
Has the Chinese Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | CN¥2.9t | CN¥1.1t | CN¥448.8b | 6x | 6.4x | 2.6x |
| Mon, 16 Dec 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 6.1x | 6.2x | 2.6x |
| Wed, 13 Nov 2024 | CN¥2.7t | CN¥1.1t | CN¥441.8b | 5.7x | 6.1x | 2.6x |
| Fri, 11 Oct 2024 | CN¥2.8t | CN¥1.1t | CN¥450.3b | 5.5x | 6.2x | 2.7x |
| Sun, 08 Sep 2024 | CN¥2.3t | CN¥1.1t | CN¥450.4b | 4.9x | 5.1x | 2.2x |
| Tue, 06 Aug 2024 | CN¥2.3t | CN¥1.0t | CN¥441.2b | 5.1x | 5.3x | 2.2x |
| Thu, 04 Jul 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.5x | 5.7x | 2.4x |
| Sat, 01 Jun 2024 | CN¥2.5t | CN¥1.0t | CN¥441.1b | 5.6x | 5.7x | 2.4x |
| Mon, 29 Apr 2024 | CN¥2.4t | CN¥1.2t | CN¥451.7b | 5.2x | 5.4x | 2.1x |
| Wed, 27 Mar 2024 | CN¥2.4t | CN¥1.2t | CN¥471.9b | 5.3x | 5x | 1.9x |
| Fri, 23 Feb 2024 | CN¥2.4t | CN¥1.1t | CN¥463.2b | 5x | 5.2x | 2.1x |
| Sun, 21 Jan 2024 | CN¥2.1t | CN¥1.1t | CN¥463.2b | 4.7x | 4.6x | 1.9x |
| Tue, 19 Dec 2023 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.3x | 4.5x | 1.9x |
| Thu, 16 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥456.1b | 4.4x | 4.8x | 2.1x |
| Sat, 14 Oct 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.8x | 5x | 2.1x |
| Mon, 11 Sep 2023 | CN¥2.3t | CN¥1.1t | CN¥463.6b | 4.7x | 5x | 2.1x |
| Wed, 09 Aug 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 5x | 5.1x | 2.2x |
| Fri, 07 Jul 2023 | CN¥2.2t | CN¥1.0t | CN¥456.0b | 4.6x | 4.8x | 2.1x |
| Sun, 04 Jun 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 5x | 5.1x | 2.2x |
| Tue, 02 May 2023 | CN¥2.3t | CN¥1.2t | CN¥472.5b | 4.7x | 5x | 1.9x |
| Thu, 30 Mar 2023 | CN¥2.3t | CN¥1.2t | CN¥466.9b | 4.5x | 4.9x | 1.9x |
| Sat, 25 Feb 2023 | CN¥2.4t | CN¥1.1t | CN¥466.4b | 4.5x | 5.1x | 2.2x |
| Mon, 23 Jan 2023 | CN¥2.6t | CN¥835.2b | CN¥461.2b | 4.6x | 5.6x | 3.1x |
| Wed, 21 Dec 2022 | CN¥2.3t | CN¥1.0t | CN¥446.2b | 4.5x | 5.2x | 2.2x |
| Fri, 18 Nov 2022 | CN¥2.2t | CN¥1.0t | CN¥446.2b | 4.4x | 4.9x | 2.1x |
| Sun, 16 Oct 2022 | CN¥2.1t | CN¥1.0t | CN¥438.0b | 4.3x | 4.9x | 2.1x |
| Tue, 13 Sep 2022 | CN¥2.3t | CN¥1.0t | CN¥437.9b | 4.5x | 5.3x | 2.3x |
| Thu, 11 Aug 2022 | CN¥2.3t | CN¥1.0t | CN¥431.1b | 4.4x | 5.2x | 2.2x |
| Sat, 09 Jul 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 5.9x | 2.6x |
| Mon, 06 Jun 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 5.9x | 2.6x |
| Wed, 04 May 2022 | CN¥2.6t | CN¥1.0t | CN¥434.0b | 5.4x | 6x | 2.6x |
| Fri, 01 Apr 2022 | CN¥2.8t | CN¥1.1t | CN¥429.6b | 4.9x | 6.6x | 2.6x |
| Sun, 27 Feb 2022 | CN¥3.0t | CN¥1.1t | CN¥436.1b | 5.6x | 6.8x | 2.6x |
| Tue, 25 Jan 2022 | CN¥3.1t | CN¥1.1t | CN¥437.0b | 5.7x | 7.1x | 2.8x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are optimistic on the Chinese Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.4x which is higher than its 3-year average PE of 5.4x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 2.1% per year over the last three years.
- Meanwhile revenues for these companies have declined 2.4% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Chinese Diversified Banks compare with similar industries?
| CN Market | 1.20% | |
| Financials | 1.72% | |
| Banks | 2.19% | |
| Diversified Banks | 2.57% | |
| Regional Banks | 0.94% | |
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 | |
|---|---|---|---|---|---|
| 600036 China Merchants Bank | CN¥40.71 | 4.4% +CN¥43.6b | 36.9% | PB0.9x | |
| 601166 Industrial Bank | CN¥19.90 | 1.6% +CN¥6.6b | 31.4% | PB0.5x | |
| 601229 Bank of Shanghai | CN¥9.10 | 3.4% +CN¥4.3b | 46.1% | PB0.5x | |
| 600000 Shanghai Pudong Development Bank | CN¥10.27 | 1.4% +CN¥4.1b | 55.8% | PB0.4x | |
| 000617 CNPC Capital | CN¥6.60 | 3.8% +CN¥3.0b | 27.7% | PB0.8x |