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Chinese (SSE) Regional Banks Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies19
- 7D-0.8%
- 3M18.5%
- 1Y31.6%
- YTDn/a
Over the last 7 days, the Regional Banks industry has dropped 2.1%, driven by a pullback from Bank of Ningbo of 3.4%. In the past year, the industry has gained 32%. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Chinese Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥834.0b | CN¥292.4b | CN¥147.5b | 5.9x | 5.7x | 2.9x |
| Tue, 19 Nov 2024 | CN¥839.7b | CN¥292.4b | CN¥147.5b | 5.8x | 5.7x | 2.9x |
| Thu, 17 Oct 2024 | CN¥849.4b | CN¥291.2b | CN¥143.9b | 6x | 5.9x | 2.9x |
| Sat, 14 Sep 2024 | CN¥682.6b | CN¥291.2b | CN¥143.9b | 4.8x | 4.7x | 2.3x |
| Mon, 12 Aug 2024 | CN¥725.2b | CN¥286.1b | CN¥141.4b | 5.3x | 5.1x | 2.5x |
| Wed, 10 Jul 2024 | CN¥755.2b | CN¥285.0b | CN¥140.7b | 5.4x | 5.4x | 2.6x |
| Fri, 07 Jun 2024 | CN¥775.0b | CN¥285.0b | CN¥140.7b | 5.6x | 5.5x | 2.7x |
| Sun, 05 May 2024 | CN¥764.7b | CN¥287.4b | CN¥141.5b | 5.3x | 5.4x | 2.7x |
| Tue, 02 Apr 2024 | CN¥725.6b | CN¥302.5b | CN¥140.8b | 5.1x | 5.2x | 2.4x |
| Thu, 29 Feb 2024 | CN¥714.6b | CN¥300.1b | CN¥140.5b | 5.2x | 5.1x | 2.4x |
| Sat, 27 Jan 2024 | CN¥693.0b | CN¥292.7b | CN¥139.5b | 5.2x | 5x | 2.4x |
| Mon, 25 Dec 2023 | CN¥627.1b | CN¥279.6b | CN¥138.8b | 4.9x | 4.5x | 2.2x |
| Wed, 22 Nov 2023 | CN¥684.9b | CN¥279.5b | CN¥138.8b | 5x | 4.9x | 2.5x |
| Fri, 20 Oct 2023 | CN¥701.5b | CN¥275.9b | CN¥135.0b | 5.5x | 5.2x | 2.5x |
| Sun, 17 Sep 2023 | CN¥725.6b | CN¥275.9b | CN¥135.0b | 5.6x | 5.4x | 2.6x |
| Tue, 15 Aug 2023 | CN¥722.7b | CN¥270.4b | CN¥132.7b | 5.7x | 5.4x | 2.7x |
| Thu, 13 Jul 2023 | CN¥690.5b | CN¥265.7b | CN¥129.4b | 5.6x | 5.3x | 2.6x |
| Sat, 10 Jun 2023 | CN¥728.5b | CN¥263.6b | CN¥129.5b | 5.7x | 5.6x | 2.8x |
| Mon, 08 May 2023 | CN¥762.7b | CN¥261.9b | CN¥128.2b | 6.1x | 5.9x | 2.9x |
| Wed, 05 Apr 2023 | CN¥712.1b | CN¥330.5b | CN¥144.8b | 5.7x | 4.9x | 2.2x |
| Fri, 03 Mar 2023 | CN¥763.4b | CN¥330.2b | CN¥144.6b | 6.1x | 5.3x | 2.3x |
| Sun, 29 Jan 2023 | CN¥791.4b | CN¥294.6b | CN¥140.3b | 6.1x | 5.6x | 2.7x |
| Tue, 27 Dec 2022 | CN¥762.5b | CN¥252.2b | CN¥121.7b | 5.8x | 6.3x | 3x |
| Thu, 24 Nov 2022 | CN¥745.1b | CN¥252.2b | CN¥121.7b | 6x | 6.1x | 3x |
| Sat, 22 Oct 2022 | CN¥766.9b | CN¥241.3b | CN¥115.2b | 6.3x | 6.7x | 3.2x |
| Mon, 19 Sep 2022 | CN¥802.1b | CN¥241.4b | CN¥115.3b | 6.7x | 7x | 3.3x |
| Wed, 17 Aug 2022 | CN¥764.0b | CN¥235.2b | CN¥112.6b | 6.8x | 6.8x | 3.2x |
| Fri, 15 Jul 2022 | CN¥802.8b | CN¥232.1b | CN¥110.6b | 6.7x | 7.3x | 3.5x |
| Sun, 12 Jun 2022 | CN¥841.6b | CN¥232.0b | CN¥110.4b | 7.2x | 7.6x | 3.6x |
| Tue, 10 May 2022 | CN¥828.7b | CN¥231.2b | CN¥109.5b | 6.9x | 7.6x | 3.6x |
| Thu, 07 Apr 2022 | CN¥910.0b | CN¥257.6b | CN¥105.5b | 8.2x | 8.6x | 3.5x |
| Sat, 05 Mar 2022 | CN¥870.2b | CN¥257.7b | CN¥105.2b | 7.8x | 8.3x | 3.4x |
| Mon, 31 Jan 2022 | CN¥819.6b | CN¥251.7b | CN¥103.5b | 7.5x | 7.9x | 3.3x |
| Wed, 29 Dec 2021 | CN¥776.3b | CN¥206.3b | CN¥99.1b | 7.4x | 7.8x | 3.8x |
Price to Earnings Ratio
7.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Regional Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 6.0x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 12% 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 Regional Banks compare with similar industries?
| CN Market | -1.18% | |
| Financials | -0.86% | |
| Banks | 0.52% | |
| Regional Banks | -0.80% | |
| Diversified Banks | 0.92% | |
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 | |
|---|---|---|---|---|---|
| 600919 Bank of Jiangsu | CN¥9.36 | 2.4% +CN¥4.0b | 42.9% | PB0.6x | |
| 600926 Bank of Hangzhou | CN¥14.21 | 0.6% +CN¥479.9m | 46.9% | PB0.7x | |
| 601187 Xiamen Bank | CN¥5.57 | 1.1% +CN¥158.3m | 11.0% | PB0.5x | |
| 601838 Bank of Chengdu | CN¥16.08 | 0.1% +CN¥76.3m | 47.1% | PB0.8x |