Chinese (SSE) Industrials Sector Analysis
- 7D1.0%
- 3M5.9%
- 1Y25.1%
- YTD17.0%
Over the last 7 days, the Industrials industry has risen 1.0%, driven by gains from Contemporary Amperex Technology of 2.0%. Meanwhile, S.F. Holding actually underperformed within the industry, shrinking 6.9% in the last week. This takes the industry's 12 month performance to a gain of 25%.
Sector Valuation and Performance
Has the Chinese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | CN¥15.9t | CN¥13.7t | CN¥496.4b | 37.7x |
| Sat, 30 Oct 2021 | CN¥14.8t | CN¥13.6t | CN¥501.9b | 32.2x |
| Mon, 27 Sep 2021 | CN¥14.6t | CN¥13.4t | CN¥490.8b | 33.9x |
| Wed, 25 Aug 2021 | CN¥14.6t | CN¥13.4t | CN¥491.0b | 34.8x |
| Thu, 01 Jul 2021 | CN¥13.1t | CN¥13.3t | CN¥487.1b | 30.5x |
| Sun, 04 Apr 2021 | CN¥11.9t | CN¥12.5t | CN¥450.7b | 29.9x |
| Wed, 06 Jan 2021 | CN¥12.1t | CN¥11.5t | CN¥385.1b | 35x |
| Sat, 10 Oct 2020 | CN¥10.7t | CN¥10.9t | CN¥348.7b | 36.1x |
| Fri, 03 Jul 2020 | CN¥9.3t | CN¥10.4t | CN¥327.7b | 34.7x |
| Mon, 06 Apr 2020 | CN¥8.4t | CN¥10.0t | CN¥324.2b | 33.7x |
| Thu, 09 Jan 2020 | CN¥8.3t | CN¥10.2t | CN¥358.5b | 32.3x |
| Wed, 02 Oct 2019 | CN¥7.8t | CN¥9.7t | CN¥350.5b | 29.9x |
| Sat, 06 Jul 2019 | CN¥7.9t | CN¥9.5t | CN¥338.8b | 30.8x |
| Tue, 09 Apr 2019 | CN¥8.6t | CN¥9.2t | CN¥332.4b | 34.3x |
| Mon, 31 Dec 2018 | CN¥6.8t | CN¥9.0t | CN¥315.5b | 28.3x |
28.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 32.9x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have grown 9.7% per year over the last three years, and revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Industrials sector?
| Aerospace & Defense | 3.46% | |
| Electrical | 3.20% | |
| Marine and Shipping | 1.39% | |
| Professional Services | 1.32% | |
| Commercial Services | 1.21% | |
| Construction | 0.33% | |
| Trade Distributors | -0.12% | |
| Machinery | -0.17% | |
| Industrials | -0.62% | |
| Transportation | -1.63% | |
| Building | -2.25% | |
| Infrastructure | -2.91% | |
| Logistics | -3.88% | |
| Airlines | -4.63% | |
Industry PE: Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio of 60.6x. This is likely because analysts are expecting annual earnings growth of 30%, which is higher than its past year's earnings growth of 21% per year. Meanwhile, investors are most pessimistic about the Infrastructure industry, which is trading below its 3-year average of 18.1x.
Forecasted Growth: Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 96% over the next 5 years. This is better than it's past earnings growth rate of 1.1% per year. Meanwhile, the Marine and Shipping industry is expected to see its earnings decline by 4.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 300750 Contemporary Amperex Technology | 2.0%+CN¥30.8b | 175.8% | PE157x | |
| 600039 Sichuan Road & Bridge | 26.0%+CN¥12.8b | 163.2% | PE13x | |
| 300274 Sungrow Power Supply | 5.3%+CN¥11.9b | 238.1% | PE105x | |
| 300207 Sunwoda ElectronicLtd | 4.9%+CN¥9.5b | 83.0% | PE88x | |
| 600893 Aecc Aviation PowerLtd | 5.3%+CN¥8.7b | 36.4% | PE133.1x |