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Dec 15
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Chinese (SSE) Capital Markets Industry Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies60
- 7D0.8%
- 3M37.7%
- 1Y37.1%
- YTD34.3%
Over the last 7 days, the Capital Markets industry has dropped 1.3%, driven by Guosheng Financial Holding declining 12%. In contrast, ChinaLin Securities has gained 20%. In the past year, the industry has gained 33%. As for the next few years, earnings are expected to grow by 16% per annum.
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, 25 Dec 2024 | CN¥3.6t | CN¥513.4b | CN¥118.5b | 33.6x | 30.7x | 7.1x |
| Fri, 22 Nov 2024 | CN¥3.7t | CN¥513.4b | CN¥118.5b | 33.2x | 31.2x | 7.2x |
| Sun, 20 Oct 2024 | CN¥3.4t | CN¥493.0b | CN¥106.1b | 34.2x | 32.2x | 6.9x |
| Tue, 17 Sep 2024 | CN¥2.4t | CN¥493.4b | CN¥106.0b | 25.6x | 22.4x | 4.8x |
| Thu, 15 Aug 2024 | CN¥2.4t | CN¥489.8b | CN¥111.3b | 28.1x | 21.7x | 4.9x |
| Sat, 13 Jul 2024 | CN¥2.3t | CN¥489.9b | CN¥111.8b | 27x | 20.8x | 4.7x |
| Mon, 10 Jun 2024 | CN¥2.5t | CN¥489.9b | CN¥111.8b | 28.2x | 22.1x | 5x |
| Wed, 08 May 2024 | CN¥2.6t | CN¥483.9b | CN¥110.6b | 31.5x | 23.6x | 5.4x |
| Fri, 05 Apr 2024 | CN¥2.6t | CN¥514.0b | CN¥125.0b | 25.8x | 20.6x | 5x |
| Sun, 03 Mar 2024 | CN¥2.8t | CN¥517.6b | CN¥132.3b | 29x | 20.9x | 5.3x |
| Tue, 30 Jan 2024 | CN¥2.6t | CN¥516.4b | CN¥131.5b | 27.7x | 20x | 5.1x |
| Thu, 28 Dec 2023 | CN¥2.7t | CN¥521.1b | CN¥133.5b | 27.3x | 19.9x | 5.1x |
| Sat, 25 Nov 2023 | CN¥2.9t | CN¥521.1b | CN¥133.5b | 29.8x | 21.4x | 5.5x |
| Mon, 23 Oct 2023 | CN¥2.8t | CN¥527.8b | CN¥132.4b | 28.6x | 21.2x | 5.3x |
| Wed, 20 Sep 2023 | CN¥2.8t | CN¥511.2b | CN¥131.4b | 30.2x | 21.7x | 5.6x |
| Fri, 18 Aug 2023 | CN¥3.1t | CN¥534.7b | CN¥140.9b | 27.2x | 22.3x | 5.9x |
| Sun, 16 Jul 2023 | CN¥2.7t | CN¥534.8b | CN¥141.6b | 24.2x | 19.3x | 5.1x |
| Tue, 13 Jun 2023 | CN¥2.7t | CN¥534.1b | CN¥141.4b | 24.2x | 19.1x | 5.1x |
| Thu, 11 May 2023 | CN¥2.9t | CN¥541.4b | CN¥140.4b | 25.5x | 20.6x | 5.3x |
| Sat, 08 Apr 2023 | CN¥2.8t | CN¥536.9b | CN¥131.9b | 25.7x | 21.5x | 5.3x |
| Mon, 06 Mar 2023 | CN¥2.8t | CN¥549.7b | CN¥135.9b | 27x | 20.8x | 5.1x |
| Wed, 01 Feb 2023 | CN¥2.8t | CN¥551.5b | CN¥137.0b | 26.5x | 20.3x | 5x |
| Fri, 30 Dec 2022 | CN¥2.5t | CN¥549.8b | CN¥136.8b | 24.4x | 18.4x | 4.6x |
| Sun, 27 Nov 2022 | CN¥2.5t | CN¥547.7b | CN¥136.0b | 24.9x | 18.4x | 4.6x |
| Tue, 25 Oct 2022 | CN¥2.4t | CN¥586.9b | CN¥154.3b | 19.3x | 15.6x | 4.1x |
| Thu, 22 Sep 2022 | CN¥2.5t | CN¥587.1b | CN¥154.1b | 19.7x | 15.9x | 4.2x |
| Sat, 20 Aug 2022 | CN¥2.6t | CN¥608.1b | CN¥162.8b | 19.9x | 16.2x | 4.3x |
| Mon, 18 Jul 2022 | CN¥2.6t | CN¥608.7b | CN¥162.0b | 18.6x | 15.8x | 4.2x |
| Wed, 15 Jun 2022 | CN¥2.8t | CN¥611.6b | CN¥161.4b | 21x | 17.6x | 4.6x |
| Fri, 13 May 2022 | CN¥2.5t | CN¥612.3b | CN¥161.8b | 17.7x | 15.4x | 4.1x |
| Sun, 10 Apr 2022 | CN¥2.8t | CN¥648.6b | CN¥176.1b | 18.3x | 15.9x | 4.3x |
| Tue, 08 Mar 2022 | CN¥2.8t | CN¥628.6b | CN¥174.5b | 19.4x | 16.2x | 4.5x |
| Thu, 03 Feb 2022 | CN¥2.9t | CN¥624.1b | CN¥170.8b | 21.8x | 17.1x | 4.7x |
| Sat, 01 Jan 2022 | CN¥3.3t | CN¥609.9b | CN¥164.1b | 25x | 19.9x | 5.3x |
Price to Earnings Ratio
19.9x
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 30.1x which is higher than its 3-year average PE of 20.3x.
- The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 10% per year over the last three years,
- Revenues have also declined 5.6% 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 | 0.39% | |
| Financials | 1.77% | |
| Capital Markets | 0.77% | |
| Financial Exchanges and Data | 2.11% | |
| Investment Banking and Brokerage | 0.60% | |
| Diversified Capital Markets | -1.34% | |
| Asset Management | -2.94% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 36.0x.
- Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings decline of 10.0% 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 18.7x.
Forecasted Growth
- Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 56% per year.
- In contrast, the Diversified Capital Markets industry is expected to see its earnings grow by 4.4% 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 | |
|---|---|---|---|---|---|
| 002945 ChinaLin Securities | CN¥19.05 | 19.7% +CN¥8.5b | 34.0% | PE350.1x | |
| 300059 East Money InformationLtd | CN¥26.29 | 1.6% +CN¥6.5b | 92.0% | PE51.7x | |
| 300033 Hithink RoyalFlush Information Network | CN¥310.10 | 3.6% +CN¥5.7b | 112.7% | PE130x | |
| 601688 Huatai Securities | CN¥18.35 | 2.6% +CN¥4.2b | 35.0% | PE10.9x | |
| 000166 Shenwan Hongyuan Group | CN¥5.49 | 2.2% +CN¥3.0b | 25.9% | PE33.5x |
