Kunwu Jiuding Investment Holdings Co., Ltd.'s (SHSE:600053) 25% Share Price Plunge Could Signal Some Risk
Apr 22
Chinese (SSE) Asset Management Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies6
- 7D0.7%
- 3M3.6%
- 1Y-16.2%
- YTDn/a
In the last week, the Asset Management industry is up 5.2%, with J-Yuan Trust up 14%. During this same period, the Kunwu Jiuding Investment Holdings underperformed, falling 15%. In the past year, the industry is down 15%. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Chinese Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | CN¥63.7b | CN¥4.8b | CN¥2.3b | 67.7x | 28x | 13.4x |
| Wed, 20 Mar 2024 | CN¥64.3b | CN¥4.8b | CN¥2.3b | 56.4x | 27.5x | 13.5x |
| Fri, 16 Feb 2024 | CN¥59.5b | CN¥4.3b | CN¥2.3b | 41.7x | 25.4x | 13.7x |
| Sun, 14 Jan 2024 | CN¥62.2b | CN¥4.3b | CN¥2.3b | 43.1x | 26.5x | 14.3x |
| Tue, 12 Dec 2023 | CN¥68.9b | CN¥4.4b | CN¥2.3b | 47.3x | 29.8x | 15.5x |
| Thu, 09 Nov 2023 | CN¥73.9b | CN¥4.4b | CN¥2.3b | 42.9x | 31.9x | 16.6x |
| Sat, 07 Oct 2023 | CN¥67.4b | CN¥4.1b | CN¥1.9b | 17.9x | 35.9x | 16.5x |
| Mon, 04 Sep 2023 | CN¥70.8b | CN¥4.1b | CN¥1.9b | 17.6x | 37.8x | 17.3x |
| Wed, 02 Aug 2023 | CN¥78.9b | CN¥4.1b | CN¥1.7b | 23.1x | 45.4x | 19.2x |
| Fri, 30 Jun 2023 | CN¥75.5b | CN¥4.1b | CN¥1.3b | 22.8x | 58.9x | 18.6x |
| Sun, 28 May 2023 | CN¥78.7b | CN¥4.1b | CN¥1.3b | 22.6x | 61.4x | 19.3x |
| Tue, 25 Apr 2023 | CN¥59.7b | CN¥3.6b | CN¥1.1b | 24.6x | 52.1x | 16.5x |
| Thu, 23 Mar 2023 | CN¥59.9b | CN¥3.6b | CN¥1.1b | 23.3x | 52.2x | 16.6x |
| Sat, 18 Feb 2023 | CN¥61.1b | CN¥3.6b | CN¥1.1b | 23.3x | 53.3x | 16.9x |
| Mon, 16 Jan 2023 | CN¥60.4b | CN¥3.6b | CN¥1.1b | 22.7x | 52.6x | 16.7x |
| Wed, 14 Dec 2022 | CN¥54.7b | CN¥3.6b | CN¥998.9m | 18.6x | 54.8x | 15x |
| Fri, 11 Nov 2022 | CN¥51.6b | CN¥3.6b | CN¥998.9m | 20.4x | 51.6x | 14.2x |
| Sun, 09 Oct 2022 | CN¥54.4b | CN¥3.6b | CN¥594.5m | 21.5x | 91.5x | 15.1x |
| Tue, 06 Sep 2022 | CN¥59.3b | CN¥3.6b | CN¥594.5m | 24.1x | 99.8x | 16.5x |
| Thu, 04 Aug 2022 | CN¥53.4b | CN¥3.4b | CN¥427.6m | 28.5x | 124.9x | 15.6x |
| Sat, 02 Jul 2022 | CN¥55.9b | CN¥3.4b | CN¥403.8m | 23.4x | 138.5x | 16.5x |
| Mon, 30 May 2022 | CN¥55.4b | CN¥3.4b | CN¥403.8m | 21.6x | 137.3x | 16.3x |
| Wed, 27 Apr 2022 | CN¥50.2b | CN¥3.1b | -CN¥3,605,508,449.00 | 28.5x | -13.9x | 16.2x |
| Fri, 25 Mar 2022 | CN¥52.7b | CN¥3.1b | -CN¥3,647,009,715.00 | 28x | -14.5x | 17x |
| Sun, 20 Feb 2022 | CN¥58.5b | CN¥3.0b | -CN¥3,763,099,518.00 | 44.7x | -15.6x | 19.7x |
| Tue, 18 Jan 2022 | CN¥56.2b | CN¥3.3b | -CN¥3,757,405,853.00 | 48.6x | -15x | 16.8x |
| Thu, 16 Dec 2021 | CN¥57.1b | CN¥3.3b | -CN¥3,757,379,450.00 | 48.1x | -15.2x | 17.1x |
| Sat, 13 Nov 2021 | CN¥58.8b | CN¥3.3b | -CN¥3,757,335,716.00 | 51.9x | -15.7x | 17.6x |
| Mon, 11 Oct 2021 | CN¥58.7b | CN¥3.4b | -CN¥4,070,386,183.00 | 56.6x | -14.4x | 17.1x |
| Wed, 08 Sep 2021 | CN¥56.6b | CN¥3.4b | -CN¥4,070,362,339.12 | 46.9x | -13.9x | 16.5x |
| Fri, 06 Aug 2021 | CN¥46.9b | CN¥3.4b | -CN¥4,070,362,339.12 | 42.8x | -11.5x | 13.7x |
| Mon, 10 May 2021 | CN¥37.3b | CN¥3.3b | -CN¥5,932,357,175.31 | 67.3x | -6.3x | 11.3x |
Price to Earnings Ratio
-6.3x
Current Industry PE
- Investors are pessimistic on the Chinese Asset Management and Custody 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 28.0x which is lower than its 3-year average PE of 36.7x.
- The 3-year average PS ratio of 16.0x is higher than the industry's current PS ratio of 13.4x.
Past Earnings Growth
- Total earnings for the Asset Management and Custody Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Chinese Asset Management compare with similar industries?
| CN Market | -0.40% | |
| Financials | 3.66% | |
| Capital Markets | 2.15% | |
| Asset Management | 0.73% | |
| Investment Banking and Brokerage | 2.40% | |
| Diversified Capital Markets | 1.03% | |
| Financial Exchanges and Data | 0.68% | |
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 | |
|---|---|---|---|---|---|
| 563 Shaanxi International TrustLtd | CN¥3.05 | 0.3% +CN¥51.1m | -1.6% | PE14.4x | |
| 567 Hainan Haide Capital Management | CN¥8.77 | 0.2% +CN¥27.0m | -30.9% | PE12.8x |