Chinese (SSE) Capital Markets Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies59
- 7D-0.6%
- 3M7.0%
- 1Y12.7%
- YTD10.3%
The Capital Markets is pretty flat in the last 7 days, but Hithink RoyalFlush Information Network has stood out, gaining 3.5%. As for the the longer term, the industry is up 13% over the past 12 months. Earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Chinese Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | CN¥2.8t | CN¥511.2b | CN¥131.4b | 29.9x | 21.6x | 5.5x |
| Thu, 24 Aug 2023 | CN¥3.0t | CN¥534.7b | CN¥140.9b | 25.5x | 21x | 5.5x |
| Sat, 22 Jul 2023 | CN¥2.7t | CN¥530.3b | CN¥139.8b | 24.9x | 19.5x | 5.1x |
| Mon, 19 Jun 2023 | CN¥2.8t | CN¥534.1b | CN¥141.4b | 24.5x | 19.6x | 5.2x |
| Wed, 17 May 2023 | CN¥2.9t | CN¥532.2b | CN¥140.3b | 26.1x | 20.4x | 5.4x |
| Fri, 14 Apr 2023 | CN¥2.8t | CN¥541.5b | CN¥132.6b | 25.7x | 21.4x | 5.2x |
| Sun, 12 Mar 2023 | CN¥2.7t | CN¥549.7b | CN¥135.9b | 25.9x | 19.7x | 4.9x |
| Tue, 07 Feb 2023 | CN¥2.8t | CN¥550.9b | CN¥136.9b | 27.2x | 20.4x | 5.1x |
| Thu, 05 Jan 2023 | CN¥2.5t | CN¥549.8b | CN¥136.8b | 24.7x | 18.5x | 4.6x |
| Sat, 03 Dec 2022 | CN¥2.6t | CN¥547.7b | CN¥136.0b | 24.9x | 18.9x | 4.7x |
| Mon, 31 Oct 2022 | CN¥2.3t | CN¥562.7b | CN¥138.3b | 22.7x | 16.5x | 4.1x |
| Wed, 28 Sep 2022 | CN¥2.4t | CN¥586.5b | CN¥154.1b | 19.3x | 15.7x | 4.1x |
| Fri, 26 Aug 2022 | CN¥2.6t | CN¥606.6b | CN¥162.5b | 19.9x | 16.3x | 4.4x |
| Sun, 24 Jul 2022 | CN¥2.6t | CN¥609.1b | CN¥162.0b | 19.6x | 16.2x | 4.3x |
| Tue, 21 Jun 2022 | CN¥2.8t | CN¥611.6b | CN¥161.4b | 20.3x | 17.3x | 4.6x |
| Thu, 19 May 2022 | CN¥2.5t | CN¥611.6b | CN¥161.4b | 18x | 15.5x | 4.1x |
| Sat, 16 Apr 2022 | CN¥2.8t | CN¥647.6b | CN¥176.4b | 18.4x | 15.8x | 4.3x |
| Mon, 14 Mar 2022 | CN¥2.7t | CN¥630.2b | CN¥175.5b | 18.6x | 15.5x | 4.3x |
| Wed, 09 Feb 2022 | CN¥3.1t | CN¥624.0b | CN¥172.0b | 22.3x | 18x | 5x |
| Fri, 07 Jan 2022 | CN¥3.2t | CN¥609.9b | CN¥164.1b | n/a | 19.6x | 5.3x |
| Sun, 05 Dec 2021 | CN¥3.1t | CN¥578.9b | CN¥162.6b | 24.7x | 19.1x | 5.4x |
| Tue, 02 Nov 2021 | CN¥3.0t | CN¥581.4b | CN¥161.7b | 23.5x | 18.6x | 5.2x |
| Thu, 30 Sep 2021 | CN¥3.1t | CN¥564.9b | CN¥157.3b | 24.3x | 19.9x | 5.5x |
| Sat, 28 Aug 2021 | CN¥3.1t | CN¥563.9b | CN¥156.4b | 23.9x | 19.6x | 5.4x |
| Sun, 04 Jul 2021 | CN¥3.0t | CN¥563.9b | CN¥156.4b | 22.6x | 19.4x | 5.4x |
| Wed, 07 Apr 2021 | CN¥2.8t | CN¥528.5b | CN¥143.3b | 25.8x | 19.9x | 5.4x |
| Sat, 09 Jan 2021 | CN¥3.3t | CN¥499.3b | CN¥136.0b | 32.3x | 24.4x | 6.7x |
| Fri, 02 Oct 2020 | CN¥3.3t | CN¥479.1b | CN¥132.4b | 31.6x | 25x | 6.9x |
Price to Earnings Ratio
25x
Current Industry PE
- Investors are optimistic on the Chinese Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.6x which is higher than its 3-year average PE of 19.6x.
- The industry is trading close to its 3-year average PS ratio of 5.2x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 2.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Chinese Financials industry?
| CN Market | -0.76% | |
| Financials | 0.075% | |
| Capital Markets | -0.60% | |
| Investment Banking and Brokerage | -0.50% | |
| Financial Exchanges and Data | -0.72% | |
| Diversified Capital Markets | -0.94% | |
| Asset Management | -3.38% | |
Industry PE
- Investors are most optimistic about the Asset Management industry which is trading above its 3-year average PE ratio of 29.7x.
- Analysts are expecting annual earnings growth of 21.6%, which is lower than the prior year's growth of 28.1% per year.
- Investors are most pessimistic about the Investment Banking and Brokerage industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.5x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% per year.
- In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300033 Hithink RoyalFlush Information Network | CN¥148.95 | 3.5% +CN¥2.7b | 88.5% | PE48.1x | |
| 601059 Cinda Securities | CN¥17.50 | 3.1% +CN¥1.7b | n/a | PE39x | |
| 601901 Founder Securities | CN¥7.38 | 2.8% +CN¥1.6b | 9.7% | PE28x | |
| 601555 Soochow Securities | CN¥8.66 | 3.3% +CN¥1.4b | 36.4% | PE18.8x | |
| 300803 Beijing Compass Technology Development | CN¥62.48 | 2.1% +CN¥535.2m | 35.5% | PE789.1x |