Chinese (SSE) Diversified Banks Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies12
- 7D0.4%
- 3M7.5%
- 1Y1.8%
- YTDn/a
The Diversified Banks industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 5.8% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥2.4t | CN¥1.2t | CN¥453.4b | 5.4x | 5.4x | 2.1x |
| Sun, 24 Mar 2024 | CN¥2.3t | CN¥1.2t | CN¥470.8b | 5.3x | 4.9x | 1.9x |
| Tue, 20 Feb 2024 | CN¥2.3t | CN¥1.1t | CN¥463.2b | 4.9x | 5x | 2.1x |
| Thu, 18 Jan 2024 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.8x | 4.7x | 2x |
| Sat, 16 Dec 2023 | CN¥2.1t | CN¥1.1t | CN¥456.3b | 4.3x | 4.5x | 1.9x |
| Mon, 13 Nov 2023 | CN¥2.2t | CN¥1.1t | CN¥456.1b | 4.4x | 4.8x | 2x |
| Wed, 11 Oct 2023 | CN¥2.3t | CN¥1.1t | CN¥464.9b | 4.7x | 5x | 2.1x |
| Fri, 08 Sep 2023 | CN¥2.3t | CN¥1.1t | CN¥467.8b | 4.8x | 5x | 2.1x |
| Sun, 06 Aug 2023 | CN¥2.4t | CN¥1.0t | CN¥456.0b | 5.1x | 5.2x | 2.3x |
| Tue, 04 Jul 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 4.7x | 5x | 2.2x |
| Thu, 01 Jun 2023 | CN¥2.3t | CN¥1.0t | CN¥456.0b | 5x | 5x | 2.2x |
| Sat, 29 Apr 2023 | CN¥2.3t | CN¥1.2t | CN¥468.0b | 4.7x | 5x | 2x |
| Mon, 27 Mar 2023 | CN¥2.3t | CN¥1.2t | CN¥471.7b | 4.2x | 4.9x | 1.9x |
| Wed, 22 Feb 2023 | CN¥2.4t | CN¥885.8b | CN¥466.4b | 4.6x | 5.2x | 2.8x |
| Fri, 20 Jan 2023 | CN¥2.6t | CN¥831.1b | CN¥461.2b | 4.6x | 5.5x | 3.1x |
| Sun, 18 Dec 2022 | CN¥2.4t | CN¥1.0t | CN¥446.2b | 4.6x | 5.4x | 2.3x |
| Tue, 15 Nov 2022 | CN¥2.2t | CN¥1.0t | CN¥446.2b | 4.4x | 5x | 2.1x |
| Thu, 13 Oct 2022 | CN¥2.1t | CN¥1.0t | CN¥438.0b | 4.3x | 4.9x | 2.1x |
| Sat, 10 Sep 2022 | CN¥2.3t | CN¥1.0t | CN¥440.7b | 4.5x | 5.2x | 2.3x |
| Mon, 08 Aug 2022 | CN¥2.3t | CN¥1.0t | CN¥431.1b | 4.5x | 5.3x | 2.3x |
| Wed, 06 Jul 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 5x | 6.1x | 2.6x |
| Fri, 03 Jun 2022 | CN¥2.6t | CN¥1.0t | CN¥431.1b | 4.9x | 6x | 2.6x |
| Sun, 01 May 2022 | CN¥2.6t | CN¥1.1t | CN¥430.0b | 5.2x | 6.1x | 2.4x |
| Tue, 29 Mar 2022 | CN¥1.6t | CN¥889.1b | CN¥312.3b | 4.8x | 5.1x | 1.8x |
| Thu, 24 Feb 2022 | CN¥3.0t | CN¥1.1t | CN¥436.1b | 5.7x | 7x | 2.6x |
| Sat, 22 Jan 2022 | CN¥3.1t | CN¥949.4b | CN¥421.4b | 6x | 7.4x | 3.3x |
| Mon, 20 Dec 2021 | CN¥3.0t | CN¥944.8b | CN¥419.8b | 5.3x | 7.1x | 3.1x |
| Wed, 17 Nov 2021 | CN¥3.0t | CN¥944.8b | CN¥419.8b | 5.1x | 7.2x | 3.2x |
| Fri, 15 Oct 2021 | CN¥3.1t | CN¥930.8b | CN¥403.7b | 5.6x | 7.6x | 3.3x |
| Sun, 12 Sep 2021 | CN¥3.2t | CN¥930.8b | CN¥403.7b | 5.8x | 7.9x | 3.4x |
| Tue, 10 Aug 2021 | CN¥3.0t | CN¥912.6b | CN¥395.5b | 5.2x | 7.5x | 3.2x |
| Mon, 03 May 2021 | CN¥3.2t | CN¥916.2b | CN¥376.2b | 5.8x | 8.6x | 3.5x |
Price to Earnings Ratio
8.6x
Current Industry PE
- Investors are pessimistic on the Chinese Diversified 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 5.9x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 6.4% per year over the last three years.
- Revenues for these companies have grown 8.5% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Diversified Banks compare with similar industries?
| CN Market | -0.29% | |
| Financials | 0.40% | |
| Banks | 0.58% | |
| Diversified Banks | 0.37% | |
| Regional Banks | 1.28% | |
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¥34.40 | 2.2% +CN¥18.9b | 5.4% | PB0.8x | |
| 600000 Shanghai Pudong Development Bank | CN¥7.41 | 1.1% +CN¥2.3b | -0.9% | PB0.3x | |
| 617 CNPC Capital | CN¥5.88 | 1.6% +CN¥1.1b | -18.8% | PB0.7x | |
| 601229 Bank of Shanghai | CN¥7.08 | 0.9% +CN¥852.4m | 12.7% | PB0.4x | |
| 600015 Hua Xia Bank | CN¥6.88 | 0.7% +CN¥795.7m | 18.6% | PB0.4x |