Chinese (SSE) Diversified Financial Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies8
- 7D-0.3%
- 3M-0.5%
- 1Y4.1%
- YTD2.2%
Over the last 7 days, the Diversified Financial industry has dropped 2.6%, driven by AVIC Industry-Finance Holdings declining 4.7%. In contrast, Oceanwide Holdings has gained 15%. This takes the industry's 12 month performance to a gain of 4.4%. Looking forward, earnings are forecast to grow by 37% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | CN¥88.0b | CN¥31.5b | CN¥945.3m | 29.4x | 93.1x | 2.8x |
| Mon, 30 Oct 2023 | CN¥90.7b | CN¥31.7b | CN¥889.5m | 29.2x | 102x | 2.9x |
| Wed, 27 Sep 2023 | CN¥89.7b | CN¥32.1b | CN¥1.9b | 26.7x | 47.8x | 2.8x |
| Fri, 25 Aug 2023 | CN¥89.0b | CN¥32.6b | CN¥2.6b | 17.9x | 34.3x | 2.7x |
| Sun, 23 Jul 2023 | CN¥88.2b | CN¥32.7b | CN¥2.2b | 18.2x | 39.6x | 2.7x |
| Tue, 20 Jun 2023 | CN¥90.3b | CN¥32.7b | CN¥2.4b | 19.4x | 37.4x | 2.8x |
| Thu, 18 May 2023 | CN¥93.6b | CN¥31.2b | CN¥2.5b | 21.7x | 37.6x | 3x |
| Sat, 15 Apr 2023 | CN¥97.7b | CN¥37.2b | -CN¥8,296,126,429.00 | 21.2x | -11.8x | 2.6x |
| Mon, 13 Mar 2023 | CN¥70.5b | CN¥25.6b | -CN¥7,013,238,961.00 | 10.9x | -10.1x | 2.8x |
| Wed, 08 Feb 2023 | CN¥76.8b | CN¥25.6b | -CN¥7,013,238,961.00 | 12.4x | -10.9x | 3x |
| Fri, 06 Jan 2023 | CN¥63.2b | CN¥25.6b | -CN¥7,013,238,961.00 | 8.7x | -9x | 2.5x |
| Sun, 04 Dec 2022 | CN¥64.5b | CN¥25.6b | -CN¥7,013,238,960.00 | 8.7x | -9.2x | 2.5x |
| Tue, 01 Nov 2022 | CN¥57.6b | CN¥24.4b | -CN¥8,595,233,744.00 | 7.9x | -6.7x | 2.4x |
| Thu, 29 Sep 2022 | CN¥59.1b | CN¥24.5b | -CN¥7,782,968,526.00 | 6.7x | -7.6x | 2.4x |
| Sat, 27 Aug 2022 | CN¥60.7b | CN¥27.0b | -CN¥6,661,911,634.00 | 7.6x | -9.1x | 2.2x |
| Mon, 25 Jul 2022 | CN¥60.1b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.4x | -9.4x | 2.2x |
| Wed, 22 Jun 2022 | CN¥63.7b | CN¥27.2b | -CN¥6,372,438,099.00 | 8.2x | -10x | 2.3x |
| Fri, 20 May 2022 | CN¥62.6b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.6x | -9.8x | 2.3x |
| Sun, 17 Apr 2022 | CN¥74.1b | CN¥39.6b | CN¥1.9b | 8.2x | 39.8x | 1.9x |
| Tue, 15 Mar 2022 | CN¥68.3b | CN¥44.3b | CN¥2.2b | 7.2x | 31x | 1.5x |
| Thu, 10 Feb 2022 | CN¥71.4b | CN¥37.8b | CN¥1.3b | 7.6x | 55.5x | 1.9x |
| Sat, 08 Jan 2022 | CN¥72.5b | CN¥37.8b | CN¥1.3b | 7.6x | 56.3x | 1.9x |
| Mon, 06 Dec 2021 | CN¥69.6b | CN¥37.8b | CN¥1.3b | 7.5x | 54.1x | 1.8x |
| Wed, 03 Nov 2021 | CN¥69.6b | CN¥40.6b | CN¥2.3b | n/a | 29.8x | 1.7x |
| Fri, 01 Oct 2021 | CN¥71.5b | CN¥39.2b | CN¥2.2b | 8x | 32.2x | 1.8x |
| Sun, 29 Aug 2021 | CN¥71.0b | CN¥38.7b | CN¥2.3b | 7.5x | 30.6x | 1.8x |
| Mon, 05 Jul 2021 | CN¥72.9b | CN¥38.7b | CN¥2.3b | 7.8x | 31.4x | 1.9x |
| Thu, 08 Apr 2021 | CN¥78.3b | CN¥38.2b | CN¥1.9b | 8.8x | 41.9x | 2x |
| Sun, 10 Jan 2021 | CN¥84.4b | CN¥34.1b | CN¥1.9b | 9x | 44.8x | 2.5x |
Price to Earnings Ratio
19.6x
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 92.6x which is higher than its 3-year average PE of 25.1x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have declined 41% per year over the last three years,
- Revenues have also declined 3.3% 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 | -0.43% | |
| Financials | -1.97% | |
| Diversified Financial | -0.27% | |
| Specialized Finance | 2.40% | |
| Transaction and Payment Processing Services | 0.86% | |
| Multi-Sector Holdings | 0% | |
| Other Diversified Financial Services | -2.57% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry even though it's trading below its 3-year average PE ratio of 1kx.
- Analysts are expecting annual earnings growth of 38.8%, which is higher than its past year's earnings decline of 70.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 72% over the next 5 years.
- In contrast, the Specialized Finance industry is expected to see its earnings grow by 12% 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¥4.99 | 2.5% +CN¥509.4m | 21.7% | PE8.1x | |
| 2647 Rendong Holdings | CN¥6.74 | 4.7% +CN¥168.0m | -14.8% | PS2.2x | |
| 2316 Shenzhen Asia Link Technology DevelopmentLtd | CN¥6.32 | 4.1% +CN¥98.3m | 52.7% | PS2.3x | |
| 300773 Lakala Payment | CN¥17.20 | 0.5% +CN¥62.4m | 12.9% | PS2.5x |