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Chinese (SSE) Capital Markets Industry Analysis
UpdatedOct 16, 2024
DataAggregated Company Financials
Companies60
- 7D-13.3%
- 3M35.5%
- 1Y13.4%
- YTD19.2%
Over the last 7 days, the Capital Markets industry has dropped 1.8%, driven by Shenwan Hongyuan Group declining 7.0%. Meanwhile, Guotai Junan Securities actually outperformed within the industry, gaining 29% in the last week. This takes the industry's 12 month performance to a gain of 17%. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Wed, 16 Oct 2024 | CN¥3.2t | CN¥492.8b | CN¥106.1b | 32.6x | 29.8x | 6.4x |
| Fri, 13 Sep 2024 | CN¥2.4t | CN¥493.0b | CN¥105.7b | 25.7x | 22.4x | 4.8x |
| Sun, 11 Aug 2024 | CN¥2.4t | CN¥490.3b | CN¥111.4b | 27.9x | 21.6x | 4.9x |
| Tue, 09 Jul 2024 | CN¥2.3t | CN¥489.9b | CN¥111.8b | 26.1x | 20.1x | 4.6x |
| Thu, 06 Jun 2024 | CN¥2.5t | CN¥489.9b | CN¥111.8b | 28.9x | 22.5x | 5.1x |
| Sat, 04 May 2024 | CN¥2.6t | CN¥482.9b | CN¥112.0b | 31.9x | 23.3x | 5.4x |
| Mon, 01 Apr 2024 | CN¥2.6t | CN¥510.5b | CN¥127.3b | 25.5x | 20.1x | 5x |
| Wed, 28 Feb 2024 | CN¥2.7t | CN¥518.2b | CN¥132.7b | 28.3x | 20.6x | 5.3x |
| Fri, 26 Jan 2024 | CN¥2.7t | CN¥519.0b | CN¥132.2b | 28.2x | 20.4x | 5.2x |
| Sun, 24 Dec 2023 | CN¥2.7t | CN¥521.1b | CN¥133.5b | 27.7x | 20.1x | 5.1x |
| Tue, 21 Nov 2023 | CN¥2.9t | CN¥521.7b | CN¥133.6b | 31.2x | 21.8x | 5.6x |
| Thu, 19 Oct 2023 | CN¥2.8t | CN¥527.8b | CN¥132.5b | 28.7x | 21.3x | 5.3x |
| Sat, 16 Sep 2023 | CN¥2.9t | CN¥512.3b | CN¥131.5b | 30.3x | 21.8x | 5.6x |
| Mon, 14 Aug 2023 | CN¥3.1t | CN¥535.3b | CN¥140.9b | 27x | 22x | 5.8x |
| Wed, 12 Jul 2023 | CN¥2.7t | CN¥535.1b | CN¥142.0b | 24.2x | 19.1x | 5.1x |
| Fri, 09 Jun 2023 | CN¥2.7t | CN¥534.1b | CN¥141.4b | 24.3x | 19.3x | 5.1x |
| Sun, 07 May 2023 | CN¥2.9t | CN¥541.5b | CN¥139.7b | 26.2x | 20.6x | 5.3x |
| Tue, 04 Apr 2023 | CN¥2.9t | CN¥543.2b | CN¥132.7b | 27.1x | 21.6x | 5.3x |
| Thu, 02 Mar 2023 | CN¥2.8t | CN¥549.7b | CN¥135.9b | 26.9x | 20.7x | 5.1x |
| Sat, 28 Jan 2023 | CN¥2.8t | CN¥547.6b | CN¥135.8b | 27.1x | 20.8x | 5.2x |
| Mon, 26 Dec 2022 | CN¥2.5t | CN¥549.8b | CN¥136.8b | 24.6x | 18.3x | 4.5x |
| Wed, 23 Nov 2022 | CN¥2.5t | CN¥547.7b | CN¥136.0b | 24.8x | 18.4x | 4.6x |
| Fri, 21 Oct 2022 | CN¥2.4t | CN¥586.9b | CN¥154.3b | 19.2x | 15.6x | 4.1x |
| Sun, 18 Sep 2022 | CN¥2.5t | CN¥587.2b | CN¥154.2b | 19.9x | 16.1x | 4.2x |
| Tue, 16 Aug 2022 | CN¥2.6t | CN¥608.0b | CN¥162.7b | 19.6x | 16.2x | 4.3x |
| Thu, 14 Jul 2022 | CN¥2.6t | CN¥607.8b | CN¥161.5b | 19.3x | 16.4x | 4.4x |
| Sat, 11 Jun 2022 | CN¥2.7t | CN¥611.6b | CN¥161.4b | 19.9x | 17x | 4.5x |
| Mon, 09 May 2022 | CN¥2.4t | CN¥612.6b | CN¥161.8b | 17.5x | 15x | 4x |
| Wed, 06 Apr 2022 | CN¥2.8t | CN¥638.9b | CN¥175.0b | 18.4x | 16.1x | 4.4x |
| Fri, 04 Mar 2022 | CN¥2.9t | CN¥626.5b | CN¥174.0b | 20.5x | 16.5x | 4.6x |
| Sun, 30 Jan 2022 | CN¥3.0t | CN¥620.8b | CN¥168.9b | 21.8x | 17.5x | 4.8x |
| Tue, 28 Dec 2021 | CN¥3.2t | CN¥609.9b | CN¥164.1b | 25x | 19.5x | 5.3x |
| Thu, 25 Nov 2021 | CN¥3.1t | CN¥578.9b | CN¥162.6b | 24.6x | 18.9x | 5.3x |
| Sat, 23 Oct 2021 | CN¥3.1t | CN¥566.4b | CN¥158.3b | 24x | 19.4x | 5.4x |
Price to Earnings Ratio
19.4x
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 31.1x which is higher than its 3-year average PE of 19.5x.
- The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 6.7x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 12% per year over the last three years,
- Revenues have also declined 4.5% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Chinese Financials industry?
| CN Market | -10.72% | |
| Financials | -8.37% | |
| Capital Markets | -13.30% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -11.31% | |
| Investment Banking and Brokerage | -12.54% | |
| Financial Exchanges and Data | -18.10% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 34.7x.
- Analysts are expecting annual earnings growth of 14.3%, which is higher than its past year's earnings decline of 21.6% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, which is trading below its 3-year average of 21.7x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Asset Management industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| 601211 Guotai Junan Securities | CN¥18.00 | 22.4% +CN¥29.3b | 23.3% | PE20.3x | |
| 600837 Haitong Securities | CN¥10.83 | 23.5% +CN¥26.4b | 9.6% | PS10x | |
| 000567 Hainan Haide Capital Management | CN¥7.79 | 2.4% +CN¥351.8m | -7.4% | PE20.5x |