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Chinese (SSE) Diversified Financial Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies7
- 7D-2.5%
- 3M42.4%
- 1Y12.2%
- YTD10.8%
Over the last 7 days, the Diversified Financial industry has dropped 2.5%, driven by pullbacks in AVIC Industry-Finance Holdings and Beijing Cuiwei Tower of 2.8% and 11%, respectively. In the past year, the industry has gained 12%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Chinese Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥100.5b | CN¥28.5b | CN¥2.4b | 44.4x | 41.7x | 3.5x |
| Tue, 19 Nov 2024 | CN¥102.7b | CN¥28.5b | CN¥2.4b | 43.5x | 42.6x | 3.6x |
| Thu, 17 Oct 2024 | CN¥86.6b | CN¥27.9b | CN¥2.0b | 27.2x | 43.4x | 3.1x |
| Sat, 14 Sep 2024 | CN¥61.1b | CN¥27.9b | CN¥2.0b | 15.9x | 30.6x | 2.2x |
| Mon, 12 Aug 2024 | CN¥65.3b | CN¥30.0b | CN¥1.9b | 15.6x | 33.9x | 2.2x |
| Wed, 10 Jul 2024 | CN¥65.4b | CN¥30.3b | CN¥1.9b | 23.5x | 33.8x | 2.2x |
| Fri, 07 Jun 2024 | CN¥68.2b | CN¥30.3b | CN¥1.9b | 25.4x | 35.3x | 2.2x |
| Sun, 05 May 2024 | CN¥76.9b | CN¥31.0b | CN¥1.9b | 27.6x | 39.8x | 2.5x |
| Tue, 02 Apr 2024 | CN¥76.6b | CN¥31.5b | CN¥1.1b | 24.8x | 70x | 2.4x |
| Thu, 29 Feb 2024 | CN¥78.5b | CN¥31.5b | CN¥1.1b | 25.6x | 71.7x | 2.5x |
| Sat, 27 Jan 2024 | CN¥84.4b | CN¥31.5b | CN¥945.3m | 30x | 89.3x | 2.7x |
| Mon, 25 Dec 2023 | CN¥82.7b | CN¥31.5b | CN¥945.3m | 28x | 87.5x | 2.6x |
| Wed, 22 Nov 2023 | CN¥89.8b | CN¥31.5b | CN¥945.3m | 29.6x | 95x | 2.8x |
| Fri, 20 Oct 2023 | CN¥89.0b | CN¥32.1b | CN¥1.9b | 26.2x | 47.4x | 2.8x |
| Sun, 17 Sep 2023 | CN¥88.2b | CN¥32.1b | CN¥1.9b | 26.7x | 47x | 2.7x |
| Tue, 15 Aug 2023 | CN¥92.3b | CN¥32.7b | CN¥2.4b | 18.7x | 38.4x | 2.8x |
| Thu, 13 Jul 2023 | CN¥86.8b | CN¥32.7b | CN¥2.4b | 18.1x | 36x | 2.7x |
| Sat, 10 Jun 2023 | CN¥88.4b | CN¥32.7b | CN¥2.4b | 18.7x | 36.6x | 2.7x |
| Mon, 08 May 2023 | CN¥94.7b | CN¥36.2b | -CN¥10,760,494,240.00 | 18.9x | -8.8x | 2.6x |
| Wed, 05 Apr 2023 | CN¥98.6b | CN¥37.5b | -CN¥8,115,912,991.00 | 22x | -12.1x | 2.6x |
| Fri, 03 Mar 2023 | CN¥72.9b | CN¥25.6b | -CN¥7,013,238,961.00 | 11.3x | -10.4x | 2.8x |
| Sun, 29 Jan 2023 | CN¥79.4b | CN¥25.6b | -CN¥7,013,238,961.00 | 12.8x | -11.3x | 3.1x |
| Tue, 27 Dec 2022 | CN¥62.0b | CN¥25.6b | -CN¥7,013,238,961.00 | 8.7x | -8.8x | 2.4x |
| Thu, 24 Nov 2022 | CN¥61.6b | CN¥25.6b | -CN¥7,013,238,960.00 | 8.4x | -8.8x | 2.4x |
| Sat, 22 Oct 2022 | CN¥58.3b | CN¥24.5b | -CN¥7,782,968,526.00 | 6.8x | -7.5x | 2.4x |
| Mon, 19 Sep 2022 | CN¥61.5b | CN¥20.9b | -CN¥7,782,968,526.00 | 6.9x | -7.9x | 2.9x |
| Wed, 17 Aug 2022 | CN¥61.2b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.6x | -9.6x | 2.2x |
| Fri, 15 Jul 2022 | CN¥60.5b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.5x | -9.5x | 2.2x |
| Sun, 12 Jun 2022 | CN¥63.7b | CN¥27.2b | -CN¥6,372,438,099.00 | 8.1x | -10x | 2.3x |
| Tue, 10 May 2022 | CN¥62.8b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.9x | -9.9x | 2.3x |
| Thu, 07 Apr 2022 | CN¥73.8b | CN¥39.6b | CN¥1.9b | 8.4x | 39.6x | 1.9x |
| Sat, 05 Mar 2022 | CN¥71.0b | CN¥37.8b | CN¥1.3b | 7.6x | 55.2x | 1.9x |
| Mon, 31 Jan 2022 | CN¥68.1b | CN¥37.8b | CN¥1.3b | 7.2x | 53x | 1.8x |
| Wed, 29 Dec 2021 | CN¥70.7b | CN¥37.8b | CN¥1.3b | 7.5x | 55x | 1.9x |
Price to Earnings Ratio
55x
Current Industry PE
- Investors are optimistic on the Chinese Diversified Financial industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 41.7x which is higher than its 3-year average PE of 30.5x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 23% per year over the last three years.
- Meanwhile revenues for these companies have declined 9.0% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Chinese Financials industry?
| CN Market | -1.18% | |
| Financials | -0.86% | |
| Diversified Financial | -2.46% | |
| Specialized Finance | 0.20% | |
| Multi-Sector Holdings | 0% | |
| Other Diversified Financial Services | -2.82% | |
| Transaction and Payment Processing Services | -4.57% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry which is trading above its 3-year average PE ratio of 12.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 23% over the next 5 years.
- In contrast, the Specialized Finance industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| 600901 Jiangsu Financial Leasing | CN¥5.06 | 0.2% +CN¥57.9m | 3.5% | PE10.3x |