CITIC Securities Company Limited's (SHSE:600030) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Nov 10
Have your own idea? Try our Stock Screener
Chinese (SSE) Investment Banking and Brokerage Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies49
- 7D-4.7%
- 3M41.0%
- 1Y18.7%
- YTDn/a
Over the last 7 days, the Investment Banking and Brokerage industry has dropped 5.3%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 17%. As for the next few years, earnings are expected to grow by 16% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥2.9t | CN¥487.0b | CN¥106.4b | 33x | 27.4x | 6x |
| Sat, 19 Oct 2024 | CN¥2.8t | CN¥465.9b | CN¥94.0b | 33.9x | 29.8x | 6x |
| Mon, 16 Sep 2024 | CN¥2.1t | CN¥466.6b | CN¥93.8b | 25.9x | 21.9x | 4.4x |
| Wed, 14 Aug 2024 | CN¥2.1t | CN¥463.0b | CN¥98.7b | 28.4x | 21.4x | 4.5x |
| Fri, 12 Jul 2024 | CN¥2.0t | CN¥462.6b | CN¥99.1b | 27x | 20.3x | 4.4x |
| Sun, 09 Jun 2024 | CN¥2.1t | CN¥462.6b | CN¥99.1b | 28.2x | 21.2x | 4.6x |
| Tue, 07 May 2024 | CN¥2.2t | CN¥456.5b | CN¥98.0b | 31.8x | 22.7x | 4.9x |
| Thu, 04 Apr 2024 | CN¥2.1t | CN¥485.7b | CN¥111.8b | 24.6x | 19.2x | 4.4x |
| Sat, 02 Mar 2024 | CN¥2.3t | CN¥490.5b | CN¥119.4b | 27.6x | 19.6x | 4.8x |
| Mon, 29 Jan 2024 | CN¥2.3t | CN¥489.2b | CN¥118.5b | 27x | 19.3x | 4.7x |
| Wed, 27 Dec 2023 | CN¥2.2t | CN¥494.1b | CN¥120.6b | 24.7x | 18.4x | 4.5x |
| Fri, 24 Nov 2023 | CN¥2.4t | CN¥494.1b | CN¥120.6b | 26.8x | 20.2x | 4.9x |
| Sun, 22 Oct 2023 | CN¥2.4t | CN¥500.5b | CN¥119.5b | 28.5x | 19.8x | 4.7x |
| Tue, 19 Sep 2023 | CN¥2.4t | CN¥484.1b | CN¥118.4b | 29.3x | 20.2x | 4.9x |
| Thu, 17 Aug 2023 | CN¥2.6t | CN¥507.5b | CN¥127.7b | 25.4x | 20.7x | 5.2x |
| Sat, 15 Jul 2023 | CN¥2.3t | CN¥507.4b | CN¥128.8b | 22.8x | 17.7x | 4.5x |
| Mon, 12 Jun 2023 | CN¥2.3t | CN¥506.7b | CN¥128.7b | 22.8x | 17.6x | 4.5x |
| Wed, 10 May 2023 | CN¥2.5t | CN¥513.7b | CN¥127.5b | 25.3x | 19.4x | 4.8x |
| Fri, 07 Apr 2023 | CN¥2.3t | CN¥514.4b | CN¥119.3b | 24.2x | 19.1x | 4.4x |
| Sun, 05 Mar 2023 | CN¥2.3t | CN¥521.3b | CN¥122.5b | 27x | 19.2x | 4.5x |
| Tue, 31 Jan 2023 | CN¥2.3t | CN¥519.1b | CN¥122.3b | 25.3x | 18.9x | 4.5x |
| Thu, 29 Dec 2022 | CN¥2.1t | CN¥521.2b | CN¥123.4b | 23.3x | 17x | 4x |
| Sat, 26 Nov 2022 | CN¥2.1t | CN¥519.1b | CN¥122.6b | 23.8x | 17.2x | 4.1x |
| Mon, 24 Oct 2022 | CN¥2.0t | CN¥557.1b | CN¥140.9b | 19.1x | 14.3x | 3.6x |
| Wed, 21 Sep 2022 | CN¥2.0t | CN¥557.7b | CN¥140.9b | 19.2x | 14.5x | 3.7x |
| Fri, 19 Aug 2022 | CN¥2.2t | CN¥577.9b | CN¥149.6b | 18.8x | 14.6x | 3.8x |
| Sun, 17 Jul 2022 | CN¥2.1t | CN¥578.1b | CN¥148.9b | 17.8x | 14.1x | 3.6x |
| Tue, 14 Jun 2022 | CN¥2.2t | CN¥581.8b | CN¥148.8b | 19.4x | 15x | 3.8x |
| Thu, 12 May 2022 | CN¥2.0t | CN¥582.6b | CN¥149.2b | 17.1x | 13.7x | 3.5x |
| Sat, 09 Apr 2022 | CN¥2.4t | CN¥616.3b | CN¥167.8b | 16.8x | 14.3x | 3.9x |
| Mon, 07 Mar 2022 | CN¥2.5t | CN¥608.8b | CN¥168.5b | 17.6x | 14.7x | 4.1x |
| Wed, 02 Feb 2022 | CN¥2.5t | CN¥601.8b | CN¥163.2b | 21.1x | 15x | 4.1x |
| Fri, 31 Dec 2021 | CN¥2.7t | CN¥589.9b | CN¥158.1b | 23.4x | 17.2x | 4.6x |
| Sun, 28 Nov 2021 | CN¥2.5t | CN¥558.9b | CN¥156.6b | 22.4x | 16.1x | 4.5x |
Price to Earnings Ratio
16.1x
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 27.3x which is higher than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 6.0x.
Past Earnings Growth
- The earnings for companies in the Investment Banking and Brokerage 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 Comparison
How does Chinese Investment Banking and Brokerage compare with similar industries?
| CN Market | -3.39% | |
| Financials | -2.52% | |
| Capital Markets | -5.09% | |
| Investment Banking and Brokerage | -4.68% | |
| Asset Management | -3.84% | |
| Diversified Capital Markets | -5.06% | |
| Financial Exchanges and Data | -7.10% | |
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 | |
|---|---|---|---|---|---|
| 002673 Western SecuritiesLtd | CN¥9.71 | 3.7% +CN¥1.6b | 43.6% | PE42.6x | |
| 002797 First Capital Securities | CN¥9.14 | 0.6% +CN¥210.1m | 46.5% | PE59.7x | |
| 000712 Guangdong Golden Dragon Development | CN¥14.00 | 0.8% +CN¥98.6m | -12.5% | PS24.1x | |
| 600155 Huachuang Yunxin Digital Technology | CN¥8.07 | 0.2% +CN¥43.7m | -12.9% | PE74.3x |
