Subdued Growth No Barrier To Capital Securities Corporation Limited's (SHSE:601136) Price
Apr 18
Chinese (SSE) Investment Banking and Brokerage Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies49
- 7D2.4%
- 3M0.9%
- 1Y-5.9%
- YTDn/a
In the last week, the Investment Banking and Brokerage industry is up 2.4%, with CITIC Securities up 3.0%. During this same period, the Soochow Securities underperformed, falling 7.6%. In contrast, the industry has lost 5.9% in the last 12 months. Earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Chinese Investment Banking and Brokerage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | CN¥2.1t | CN¥488.2b | CN¥109.8b | 24.6x | 19.4x | 4.4x |
| Thu, 21 Mar 2024 | CN¥2.3t | CN¥487.8b | CN¥119.7b | 24.5x | 19.1x | 4.7x |
| Sat, 17 Feb 2024 | CN¥2.2t | CN¥489.5b | CN¥118.5b | 26.4x | 18.8x | 4.6x |
| Mon, 15 Jan 2024 | CN¥2.2t | CN¥494.0b | CN¥120.4b | 26.1x | 18.1x | 4.4x |
| Wed, 13 Dec 2023 | CN¥2.4t | CN¥494.1b | CN¥120.6b | 26x | 19.8x | 4.8x |
| Fri, 10 Nov 2023 | CN¥2.5t | CN¥494.7b | CN¥120.6b | 27.1x | 20.3x | 5x |
| Sun, 08 Oct 2023 | CN¥2.4t | CN¥500.5b | CN¥119.5b | 28.1x | 19.9x | 4.7x |
| Tue, 05 Sep 2023 | CN¥2.4t | CN¥490.6b | CN¥120.7b | 28.5x | 20.3x | 5x |
| Thu, 03 Aug 2023 | CN¥2.6t | CN¥508.4b | CN¥128.0b | 25x | 20x | 5x |
| Sat, 01 Jul 2023 | CN¥2.2t | CN¥508.3b | CN¥130.2b | 23x | 17.1x | 4.4x |
| Mon, 29 May 2023 | CN¥2.3t | CN¥506.7b | CN¥128.7b | 22.9x | 17.7x | 4.5x |
| Wed, 26 Apr 2023 | CN¥2.3t | CN¥505.3b | CN¥119.5b | 24x | 18.9x | 4.5x |
| Fri, 24 Mar 2023 | CN¥2.3t | CN¥520.8b | CN¥122.6b | 26.5x | 18.6x | 4.4x |
| Sun, 19 Feb 2023 | CN¥2.3t | CN¥521.4b | CN¥122.2b | 26.5x | 18.4x | 4.3x |
| Tue, 17 Jan 2023 | CN¥2.3t | CN¥520.9b | CN¥123.3b | 24.8x | 18.5x | 4.4x |
| Thu, 15 Dec 2022 | CN¥2.2t | CN¥519.1b | CN¥122.6b | 23.6x | 17.5x | 4.1x |
| Sat, 12 Nov 2022 | CN¥2.1t | CN¥519.4b | CN¥122.7b | 23.4x | 17x | 4x |
| Mon, 10 Oct 2022 | CN¥2.0t | CN¥557.2b | CN¥140.9b | 18x | 13.9x | 3.5x |
| Wed, 07 Sep 2022 | CN¥2.2t | CN¥563.4b | CN¥142.2b | 21.1x | 15.4x | 3.9x |
| Fri, 05 Aug 2022 | CN¥2.1t | CN¥577.5b | CN¥149.0b | 16.9x | 13.8x | 3.6x |
| Sun, 03 Jul 2022 | CN¥2.3t | CN¥581.8b | CN¥148.8b | 19.4x | 15.3x | 3.9x |
| Tue, 31 May 2022 | CN¥2.1t | CN¥581.8b | CN¥148.8b | 17.4x | 14x | 3.6x |
| Thu, 28 Apr 2022 | CN¥2.1t | CN¥611.8b | CN¥168.1b | 14.6x | 12.4x | 3.4x |
| Sat, 26 Mar 2022 | CN¥2.3t | CN¥609.8b | CN¥167.0b | 16.3x | 13.8x | 3.8x |
| Mon, 21 Feb 2022 | CN¥2.5t | CN¥604.4b | CN¥167.4b | 19.3x | 15.1x | 4.2x |
| Wed, 19 Jan 2022 | CN¥2.6t | CN¥589.0b | CN¥158.1b | 22.2x | 16.5x | 4.4x |
| Fri, 17 Dec 2021 | CN¥2.7t | CN¥558.9b | CN¥156.6b | 23.4x | 17.1x | 4.8x |
| Sun, 14 Nov 2021 | CN¥2.6t | CN¥558.9b | CN¥156.6b | 21.3x | 16.3x | 4.6x |
| Tue, 12 Oct 2021 | CN¥2.6t | CN¥546.2b | CN¥152.6b | 21.3x | 17.3x | 4.8x |
| Thu, 09 Sep 2021 | CN¥2.8t | CN¥545.2b | CN¥151.7b | 22.6x | 18.6x | 5.2x |
| Sat, 07 Aug 2021 | CN¥2.4t | CN¥545.2b | CN¥151.7b | 19.6x | 15.7x | 4.4x |
| Fri, 30 Apr 2021 | CN¥2.4t | CN¥511.3b | CN¥141.4b | 21.8x | 16.8x | 4.6x |
Price to Earnings Ratio
16.8x
Current Industry PE
- Investors are optimistic on the Chinese Investment Banking and Brokerage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 17.2x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Investment Banking and Brokerage industry have declined 8.1% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Investment Banking and Brokerage compare with similar industries?
| CN Market | -0.40% | |
| Financials | 3.66% | |
| Capital Markets | 2.15% | |
| Investment Banking and Brokerage | 2.40% | |
| Diversified Capital Markets | 1.03% | |
| Asset Management | 0.73% | |
| 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 | |
|---|---|---|---|---|---|
| 600030 CITIC Securities | CN¥18.27 | 3.6% +CN¥9.5b | -11.8% | PE14.1x | |
| 600999 China Merchants Securities | CN¥14.29 | 3.5% +CN¥4.2b | 4.0% | PE15.2x | |
| 600837 Haitong Securities | CN¥8.08 | 3.9% +CN¥3.9b | -10.6% | PE104.1x | |
| 166 Shenwan Hongyuan Group | CN¥4.56 | 2.7% +CN¥3.0b | 3.9% | PE24.8x | |
| 601901 Founder Securities | CN¥7.82 | 4.3% +CN¥2.6b | 14.5% | PE27x |