Chinese (SSE) Regional Banks Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies19
- 7D1.3%
- 3M10.0%
- 1Y-0.8%
- YTDn/a
Over the last 7 days, the Regional Banks industry has risen 3.3%, driven by gains from every company within the industry. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥763.3b | CN¥291.9b | CN¥141.3b | 5.3x | 5.4x | 2.6x |
| Sun, 24 Mar 2024 | CN¥703.0b | CN¥302.2b | CN¥140.6b | 5.1x | 5x | 2.3x |
| Tue, 20 Feb 2024 | CN¥700.8b | CN¥300.1b | CN¥140.5b | 5.2x | 5x | 2.3x |
| Thu, 18 Jan 2024 | CN¥653.8b | CN¥279.6b | CN¥138.8b | 5.1x | 4.7x | 2.3x |
| Sat, 16 Dec 2023 | CN¥635.7b | CN¥279.6b | CN¥138.8b | 4.9x | 4.6x | 2.3x |
| Mon, 13 Nov 2023 | CN¥685.4b | CN¥279.5b | CN¥138.8b | 5x | 4.9x | 2.5x |
| Wed, 11 Oct 2023 | CN¥731.0b | CN¥275.9b | CN¥135.0b | 5.6x | 5.4x | 2.6x |
| Fri, 08 Sep 2023 | CN¥723.7b | CN¥276.6b | CN¥136.2b | 5.6x | 5.3x | 2.6x |
| Sun, 06 Aug 2023 | CN¥750.1b | CN¥270.4b | CN¥132.7b | 6.1x | 5.7x | 2.8x |
| Tue, 04 Jul 2023 | CN¥699.4b | CN¥265.7b | CN¥129.4b | 5.6x | 5.4x | 2.6x |
| Thu, 01 Jun 2023 | CN¥702.3b | CN¥265.7b | CN¥130.4b | 5.7x | 5.4x | 2.6x |
| Sat, 29 Apr 2023 | CN¥753.1b | CN¥276.1b | CN¥125.9b | 6x | 6x | 2.7x |
| Mon, 27 Mar 2023 | CN¥718.1b | CN¥330.2b | CN¥144.6b | 5.8x | 5x | 2.2x |
| Wed, 22 Feb 2023 | CN¥767.2b | CN¥330.2b | CN¥144.6b | 6.1x | 5.3x | 2.3x |
| Fri, 20 Jan 2023 | CN¥791.5b | CN¥294.6b | CN¥140.3b | 6.1x | 5.6x | 2.7x |
| Sun, 18 Dec 2022 | CN¥790.0b | CN¥252.2b | CN¥121.7b | 6.2x | 6.5x | 3.1x |
| Tue, 15 Nov 2022 | CN¥762.3b | CN¥252.2b | CN¥121.7b | 6x | 6.3x | 3x |
| Thu, 13 Oct 2022 | CN¥786.0b | CN¥241.3b | CN¥115.2b | 6.4x | 6.8x | 3.3x |
| Sat, 10 Sep 2022 | CN¥817.0b | CN¥241.0b | CN¥115.3b | 6.8x | 7.1x | 3.4x |
| Mon, 08 Aug 2022 | CN¥775.8b | CN¥234.8b | CN¥112.5b | 6.7x | 6.9x | 3.3x |
| Wed, 06 Jul 2022 | CN¥822.8b | CN¥232.0b | CN¥110.4b | 7.1x | 7.5x | 3.5x |
| Fri, 03 Jun 2022 | CN¥797.8b | CN¥232.0b | CN¥110.4b | 7x | 7.2x | 3.4x |
| Sun, 01 May 2022 | CN¥867.8b | CN¥240.5b | CN¥107.5b | 7.4x | 8.1x | 3.6x |
| Tue, 29 Mar 2022 | CN¥826.6b | CN¥257.7b | CN¥105.2b | 7.5x | 7.9x | 3.2x |
| Thu, 24 Feb 2022 | CN¥870.7b | CN¥257.7b | CN¥105.2b | 7.9x | 8.3x | 3.4x |
| Sat, 22 Jan 2022 | CN¥845.8b | CN¥222.1b | CN¥101.4b | 7.8x | 8.3x | 3.8x |
| Mon, 20 Dec 2021 | CN¥788.0b | CN¥206.3b | CN¥99.1b | 7.4x | 8x | 3.8x |
| Wed, 17 Nov 2021 | CN¥790.9b | CN¥206.3b | CN¥99.1b | 7.4x | 8x | 3.8x |
| Fri, 15 Oct 2021 | CN¥782.0b | CN¥195.9b | CN¥92.2b | 8x | 8.5x | 4x |
| Sun, 12 Sep 2021 | CN¥802.4b | CN¥195.9b | CN¥92.2b | 8.4x | 8.7x | 4.1x |
| Tue, 10 Aug 2021 | CN¥771.5b | CN¥195.9b | CN¥92.5b | 7.9x | 8.3x | 3.9x |
| Mon, 03 May 2021 | CN¥819.4b | CN¥184.9b | CN¥85.4b | 8.3x | 9.6x | 4.4x |
Price to Earnings Ratio
9.6x
Current Industry PE
- Investors are pessimistic on the Chinese Regional 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 6.7x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 16% 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 | -0.29% | |
| Financials | 0.40% | |
| Banks | 0.58% | |
| Regional Banks | 1.28% | |
| Diversified Banks | 0.37% | |
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 | |
|---|---|---|---|---|---|
| 600926 Bank of Hangzhou | CN¥12.68 | 5.7% +CN¥4.0b | 5.4% | PB0.7x | |
| 600919 Bank of Jiangsu | CN¥8.44 | 2.4% +CN¥3.7b | 11.3% | PB0.7x | |
| 601838 Bank of Chengdu | CN¥14.81 | 4.1% +CN¥2.3b | 7.7% | PB0.8x | |
| 601009 Bank of Nanjing | CN¥9.45 | 1.2% +CN¥1.1b | 1.1% | PB0.6x | |
| 603323 Jiangsu Suzhou Rural Commercial Bank | CN¥4.90 | 2.5% +CN¥216.4m | 1.9% | PB0.6x |