The Market Doesn't Like What It Sees From Shenzhen Asia Link Technology Development Co.,Ltd.'s (SZSE:002316) Revenues Yet As Shares Tumble 26%
Apr 21
Chinese (SSE) Diversified Financial Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies7
- 7D0.7%
- 3M-9.7%
- 1Y-12.3%
- YTD-9.0%
In the last week, the Diversified Financial industry is up 1.2%, with all of the companies up. However, the industry is down 11% over the past year. Earnings are forecast to grow by 45% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥76.3b | CN¥31.0b | CN¥2.5b | 25.2x | 30.2x | 2.5x |
| Sun, 24 Mar 2024 | CN¥77.3b | CN¥31.5b | CN¥1.1b | 25.3x | 70.6x | 2.5x |
| Tue, 20 Feb 2024 | CN¥75.1b | CN¥31.5b | CN¥1.1b | 25x | 68.6x | 2.4x |
| Thu, 18 Jan 2024 | CN¥80.3b | CN¥31.5b | CN¥945.3m | 27.9x | 84.9x | 2.5x |
| Sat, 16 Dec 2023 | CN¥86.9b | CN¥31.5b | CN¥945.3m | 30x | 92x | 2.8x |
| Mon, 13 Nov 2023 | CN¥87.1b | CN¥31.5b | CN¥945.3m | 29.1x | 92.1x | 2.8x |
| Wed, 11 Oct 2023 | CN¥90.6b | CN¥32.1b | CN¥1.9b | 26.3x | 48.3x | 2.8x |
| Fri, 08 Sep 2023 | CN¥88.1b | CN¥32.1b | CN¥1.9b | 26.6x | 46.9x | 2.7x |
| Sun, 06 Aug 2023 | CN¥99.3b | CN¥32.7b | CN¥2.4b | 21x | 41.4x | 3x |
| Tue, 04 Jul 2023 | CN¥88.2b | CN¥32.7b | CN¥2.4b | 19.1x | 36.5x | 2.7x |
| Thu, 01 Jun 2023 | CN¥88.3b | CN¥32.7b | CN¥2.4b | 18.6x | 36.6x | 2.7x |
| Sat, 29 Apr 2023 | CN¥92.5b | CN¥37.2b | -CN¥8,296,126,429.00 | 20.1x | -11.1x | 2.5x |
| Mon, 27 Mar 2023 | CN¥99.0b | CN¥37.5b | -CN¥8,115,912,991.00 | 21.8x | -12.2x | 2.6x |
| Wed, 22 Feb 2023 | CN¥73.0b | CN¥25.6b | -CN¥7,013,238,961.00 | 11.5x | -10.4x | 2.9x |
| Fri, 20 Jan 2023 | CN¥75.2b | CN¥25.6b | -CN¥7,013,238,961.00 | 11.7x | -10.7x | 2.9x |
| Sun, 18 Dec 2022 | CN¥65.0b | CN¥25.6b | -CN¥7,013,238,961.00 | 9.1x | -9.3x | 2.5x |
| Tue, 15 Nov 2022 | CN¥61.2b | CN¥25.9b | -CN¥7,013,238,960.00 | 8.3x | -8.7x | 2.4x |
| Thu, 13 Oct 2022 | CN¥59.1b | CN¥24.5b | -CN¥7,782,968,526.00 | 6.8x | -7.6x | 2.4x |
| Sat, 10 Sep 2022 | CN¥64.7b | CN¥26.7b | -CN¥6,886,314,096.00 | 7.2x | -9.4x | 2.4x |
| Mon, 08 Aug 2022 | CN¥59.4b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.4x | -9.3x | 2.2x |
| Wed, 06 Jul 2022 | CN¥63.0b | CN¥27.2b | -CN¥6,372,438,099.00 | 8x | -9.9x | 2.3x |
| Fri, 03 Jun 2022 | CN¥62.0b | CN¥27.2b | -CN¥6,372,438,099.00 | 7.8x | -9.7x | 2.3x |
| Sun, 01 May 2022 | CN¥66.0b | CN¥39.4b | CN¥1.9b | 7.6x | 34.3x | 1.7x |
| Tue, 29 Mar 2022 | CN¥70.9b | CN¥40.0b | CN¥2.2b | 7.1x | 32.3x | 1.8x |
| Thu, 24 Feb 2022 | CN¥71.3b | CN¥37.8b | CN¥1.3b | 7.6x | 55.4x | 1.9x |
| Sat, 22 Jan 2022 | CN¥71.8b | CN¥37.8b | CN¥1.3b | 7.6x | 55.8x | 1.9x |
| Mon, 20 Dec 2021 | CN¥70.5b | CN¥37.8b | CN¥1.3b | 7.4x | 54.8x | 1.9x |
| Wed, 17 Nov 2021 | CN¥69.8b | CN¥37.5b | CN¥1.3b | 7.5x | 54.2x | 1.9x |
| Fri, 15 Oct 2021 | CN¥71.6b | CN¥39.2b | CN¥2.2b | 8x | 32.2x | 1.8x |
| Sun, 12 Sep 2021 | CN¥77.0b | CN¥38.7b | CN¥2.3b | 8.2x | 33.2x | 2x |
| Tue, 10 Aug 2021 | CN¥70.9b | CN¥38.7b | CN¥2.3b | 7.6x | 30.5x | 1.8x |
| Mon, 03 May 2021 | CN¥77.5b | CN¥38.2b | CN¥1.9b | 9x | 41.5x | 2x |
Price to Earnings Ratio
41.5x
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 85.5x which is higher than its 3-year average PE of 30.6x.
- The industry is trading close to its 3-year average PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have declined 22% per year over the last three years,
- Revenues have also declined 7.2% 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 | -0.29% | |
| Financials | 0.40% | |
| Diversified Financial | 0.74% | |
| Transaction and Payment Processing Services | 6.72% | |
| Specialized Finance | 0.56% | |
| Multi-Sector Holdings | 0% | |
| Other Diversified Financial Services | -2.55% | |
Industry PE
- Investors are most optimistic about the Other Diversified Financial Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 61.9%, which is higher than its past year's earnings decline of 69.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Transaction and Payment Processing Services industry, expecting annual earnings growth of 78% 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 | |
|---|---|---|---|---|---|
| 300773 Lakala Payment | CN¥14.26 | 10.8% +CN¥1.1b | -3.1% | PE27.2x | |
| 603123 Beijing Cuiwei Tower | CN¥7.18 | 3.0% +CN¥160.4m | -34.5% | PS1.5x | |
| 600901 Jiangsu Financial Leasing | CN¥5.37 | 0.6% +CN¥130.7m | 17.1% | PE8.9x | |
| 2316 Shenzhen Asia Link Technology DevelopmentLtd | CN¥3.66 | 4.0% +CN¥55.0m | -9.6% | PS1.3x |