Insufficient Growth At East Money Information Co.,Ltd. (SZSE:300059) Hampers Share Price
Jul 12
Chinese (SSE) Capital Markets Industry Analysis
UpdatedJul 28, 2024
DataAggregated Company Financials
Companies60
- 7D0.09%
- 3M-9.2%
- 1Y-21.0%
- YTD-10.5%
Over the last 7 days, the Capital Markets industry has remained flat, although notably Guangdong Golden Dragon Development gained 32%. Unfortunately though, the industry is down 21% over the past 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 28 Jul 2024 | CN¥2.4t | CN¥487.9b | CN¥111.4b | 27.4x | 21.5x | 4.9x |
| Tue, 25 Jun 2024 | CN¥2.4t | CN¥489.9b | CN¥111.8b | 27.7x | 21.8x | 5x |
| Thu, 23 May 2024 | CN¥2.6t | CN¥489.9b | CN¥111.8b | 29.6x | 23.4x | 5.3x |
| Sat, 20 Apr 2024 | CN¥2.5t | CN¥515.0b | CN¥122.6b | 26.2x | 20.5x | 4.9x |
| Mon, 18 Mar 2024 | CN¥2.7t | CN¥515.0b | CN¥132.7b | 27.1x | 20.3x | 5.2x |
| Wed, 14 Feb 2024 | CN¥2.6t | CN¥516.7b | CN¥131.5b | 26.5x | 19.9x | 5.1x |
| Fri, 12 Jan 2024 | CN¥2.6t | CN¥521.0b | CN¥133.5b | 27.2x | 19.3x | 4.9x |
| Sun, 10 Dec 2023 | CN¥2.8t | CN¥521.1b | CN¥133.5b | 29.2x | 20.9x | 5.4x |
| Tue, 07 Nov 2023 | CN¥2.9t | CN¥521.7b | CN¥133.6b | 31x | 22x | 5.6x |
| Thu, 05 Oct 2023 | CN¥2.8t | CN¥527.7b | CN¥132.5b | 29.1x | 21.4x | 5.4x |
| Sat, 02 Sep 2023 | CN¥2.9t | CN¥519.2b | CN¥134.8b | 30x | 21.5x | 5.6x |
| Mon, 31 Jul 2023 | CN¥3.0t | CN¥535.8b | CN¥141.1b | 25.8x | 21.5x | 5.7x |
| Wed, 28 Jun 2023 | CN¥2.7t | CN¥535.7b | CN¥142.9b | 23.9x | 18.6x | 5x |
| Fri, 26 May 2023 | CN¥2.7t | CN¥534.1b | CN¥141.4b | 24.4x | 19.2x | 5.1x |
| Sun, 23 Apr 2023 | CN¥2.8t | CN¥533.2b | CN¥132.0b | 25.7x | 20.9x | 5.2x |
| Tue, 21 Mar 2023 | CN¥2.7t | CN¥548.8b | CN¥135.6b | 26x | 19.8x | 4.9x |
| Thu, 16 Feb 2023 | CN¥2.8t | CN¥548.9b | CN¥135.5b | 27x | 20.6x | 5.1x |
| Sat, 14 Jan 2023 | CN¥2.7t | CN¥549.4b | CN¥136.7b | 25.7x | 19.6x | 4.9x |
| Mon, 12 Dec 2022 | CN¥2.6t | CN¥547.7b | CN¥136.0b | 25.2x | 19.3x | 4.8x |
| Wed, 09 Nov 2022 | CN¥2.4t | CN¥548.2b | CN¥136.1b | 25.1x | 17.9x | 4.4x |
| Fri, 07 Oct 2022 | CN¥2.3t | CN¥586.5b | CN¥154.1b | 18.6x | 15.1x | 4x |
| Sun, 04 Sep 2022 | CN¥2.6t | CN¥594.1b | CN¥156.3b | 21.1x | 16.6x | 4.4x |
| Tue, 02 Aug 2022 | CN¥2.6t | CN¥608.1b | CN¥162.2b | 19.1x | 15.8x | 4.2x |
| Thu, 30 Jun 2022 | CN¥2.8t | CN¥611.6b | CN¥161.4b | 20.3x | 17.3x | 4.6x |
| Sat, 28 May 2022 | CN¥2.5t | CN¥611.6b | CN¥161.4b | 18.2x | 15.7x | 4.2x |
| Mon, 25 Apr 2022 | CN¥2.7t | CN¥643.8b | CN¥177.7b | 17.4x | 15x | 4.1x |
| Wed, 23 Mar 2022 | CN¥2.7t | CN¥631.3b | CN¥174.0b | 19x | 15.7x | 4.3x |
| Fri, 18 Feb 2022 | CN¥2.9t | CN¥624.1b | CN¥173.4b | 21x | 17x | 4.7x |
| Sun, 16 Jan 2022 | CN¥3.1t | CN¥609.0b | CN¥164.1b | 23x | 18.7x | 5x |
| Tue, 14 Dec 2021 | CN¥3.2t | CN¥578.9b | CN¥162.6b | 25.8x | 19.8x | 5.6x |
| Thu, 11 Nov 2021 | CN¥3.0t | CN¥578.9b | CN¥162.6b | 22.9x | 18.4x | 5.2x |
| Sat, 09 Oct 2021 | CN¥3.0t | CN¥564.9b | CN¥157.3b | 23.4x | 19.3x | 5.4x |
| Mon, 06 Sep 2021 | CN¥3.3t | CN¥563.9b | CN¥156.4b | 26.5x | 21x | 5.8x |
| Wed, 04 Aug 2021 | CN¥2.9t | CN¥563.9b | CN¥156.4b | 21.3x | 18.5x | 5.1x |
Price to Earnings Ratio
18.5x
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 21.5x which is higher than its 3-year average PE of 19.2x.
- The industry is trading close to its 3-year average PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have declined 11% per year over the last three years,
- Revenues have also declined 4.7% 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 | -2.85% | |
| Financials | -2.79% | |
| Capital Markets | 0.092% | |
| Diversified Capital Markets | 1.41% | |
| Asset Management | 0.29% | |
| Investment Banking and Brokerage | 0.24% | |
| Financial Exchanges and Data | -1.30% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry even though it's trading below its 3-year average PE ratio of 35.9x.
- Analysts are expecting annual earnings growth of 14.7%, which is higher than its past year's earnings decline of 18.7% per year.
- Investors are most pessimistic about the Diversified Capital Markets industry, which is trading below its 3-year average of 22.3x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Asset Management industry is expected to see its earnings grow by 9.2% 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 | |
|---|---|---|---|---|---|
| 000712 Guangdong Golden Dragon Development | CN¥10.07 | 31.8% +CN¥2.2b | -25.2% | PS1072.5x | |
| 002736 Guosen Securities | CN¥8.45 | 2.2% +CN¥1.7b | -13.2% | PE17.6x | |
| 600837 Haitong Securities | CN¥8.85 | 1.1% +CN¥1.3b | -14.2% | PS6.8x | |
| 002670 Guosheng Financial Holding | CN¥9.39 | 6.8% +CN¥1.2b | -1.8% | PS11.7x | |
| 600918 Zhongtai Securities | CN¥5.81 | 2.3% +CN¥905.9m | -23.2% | PE41.4x |