Has the Chinese Industrials Sector valuation changed over the past few years?
|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|
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.
Which industries have driven the changes within the Chinese Industrials sector?
|Aerospace & Defense||3.46%|
|Marine and Shipping||1.39%|
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.
Which companies have driven the market over the last 7 days?
Shanghai International Airport
Sichuan Road & Bridge
Sany Heavy Industry
Beijing-Shanghai High-Speed RailwayLtd
Suzhou Maxwell Technologies
Sungrow Power Supply
Contemporary Amperex Technology
Aecc Aviation PowerLtd
Shenzhen Inovance TechnologyLtd
Wuxi Shangji Automation
Jiangxi Special Electric MotorLtd
Jiangsu Hengli HydraulicLtd
AVIC Xi'an Aircraft Industry Group