Chinese (SSE) Industrials Sector Analysis
UpdatedNov 28, 2022
DataAggregated Company Financials
Companies1223
- 7D-0.3%
- 3M-8.1%
- 1Y-17.7%
- YTD-15.8%
Over the last 7 days, the Industrials industry has remained flat, although notably China State Construction Engineering gained 9.8%. Unfortunately though, the industry is down 18% over the past 12 months. Looking forward, earnings are forecast to grow by 35% annually.
Sector Valuation and Performance
Has the Chinese Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | CN¥14.0t | CN¥15.1t | CN¥454.1b | 33.2x | 30.9x | 0.9x |
| Thu, 27 Oct 2022 | CN¥14.1t | CN¥14.9t | CN¥459.7b | 32.5x | 30.7x | 0.9x |
| Sat, 24 Sep 2022 | CN¥13.9t | CN¥14.8t | CN¥449.7b | 31.5x | 30.9x | 0.9x |
| Mon, 22 Aug 2022 | CN¥15.4t | CN¥14.7t | CN¥468.0b | 37x | 33x | 1.1x |
| Wed, 20 Jul 2022 | CN¥14.8t | CN¥14.6t | CN¥461.3b | 34x | 32.1x | 1x |
| Fri, 17 Jun 2022 | CN¥13.5t | CN¥14.6t | CN¥455.3b | 32.1x | 29.6x | 0.9x |
| Sun, 15 May 2022 | CN¥12.4t | CN¥14.5t | CN¥454.0b | 29.6x | 27.3x | 0.9x |
| Tue, 12 Apr 2022 | CN¥12.8t | CN¥13.9t | CN¥488.6b | 29.4x | 26.1x | 0.9x |
| Thu, 10 Mar 2022 | CN¥13.5t | CN¥13.8t | CN¥502.2b | 32x | 27x | 1x |
| Sat, 05 Feb 2022 | CN¥14.4t | CN¥13.7t | CN¥497.4b | 34x | 28.9x | 1x |
| Mon, 03 Jan 2022 | CN¥15.8t | CN¥13.7t | CN¥495.9b | 37.7x | 31.9x | 1.2x |
| Wed, 01 Dec 2021 | CN¥15.9t | CN¥13.7t | CN¥496.4b | 37.7x | 32.1x | 1.2x |
| Fri, 29 Oct 2021 | CN¥14.6t | CN¥13.6t | CN¥502.8b | 31.9x | 29x | 1.1x |
| Sun, 26 Sep 2021 | CN¥14.6t | CN¥13.4t | CN¥490.8b | 33.8x | 29.8x | 1.1x |
| Tue, 24 Aug 2021 | CN¥14.5t | CN¥13.4t | CN¥491.0b | 34.4x | 29.5x | 1.1x |
| Wed, 30 Jun 2021 | CN¥13.1t | CN¥13.3t | CN¥487.1b | 30.5x | 26.8x | 1x |
| Sat, 03 Apr 2021 | CN¥11.9t | CN¥12.5t | CN¥450.7b | 29.9x | 26.4x | 1x |
| Tue, 05 Jan 2021 | CN¥12.1t | CN¥11.5t | CN¥385.1b | 35x | 31.3x | 1x |
| Fri, 09 Oct 2020 | CN¥10.7t | CN¥10.9t | CN¥348.7b | 36.1x | 30.6x | 1x |
| Thu, 02 Jul 2020 | CN¥9.3t | CN¥10.4t | CN¥327.7b | 34.7x | 28.3x | 0.9x |
| Sun, 05 Apr 2020 | CN¥8.4t | CN¥10.0t | CN¥324.2b | 33.7x | 25.8x | 0.8x |
| Wed, 08 Jan 2020 | CN¥8.3t | CN¥10.2t | CN¥358.5b | 32.3x | 23.1x | 0.8x |
Price to Earnings Ratio
21.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 28.8x.
- The industry is trading close to its 3-year average PS ratio of 0.97x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 8.9% per year over the last three years.
- 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?
| CN Market | -1.52% | |
| Industrials | -0.33% | |
| Construction | 5.42% | |
| Marine and Shipping | 3.04% | |
| Transportation | 1.40% | |
| Building | 1.02% | |
| Infrastructure | 0.45% | |
| Trade Distributors | -0.22% | |
| Professional Services | -0.56% | |
| Machinery | -0.98% | |
| Commercial Services | -1.02% | |
| Logistics | -1.15% | |
| Electrical | -1.22% | |
| Aerospace & Defense | -2.00% | |
| Airlines | -2.94% | |
| Industrials | -3.97% | |
Industry PE
- Investors are most optimistic about the Professional Services industry which is trading above its 3-year average PE ratio of 63.9x.
- Analysts are expecting annual earnings growth of 25.2%, which is higher than its past year's earnings growth of 14.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 103% over the next 5 years.
- In contrast, the Construction industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| 601668 China State Construction Engineering | CN¥5.64 | 9.1% +CN¥19.7b | 21.6% | PE4.2x | |
| 601390 China Railway Group | CN¥5.75 | 10.6% +CN¥13.6b | 8.1% | PE5.1x | |
| 617 CNPC Capital | CN¥6.03 | 16.9% +CN¥11.0b | 22.8% | PE14.4x | |
| 601669 Power Construction Corporation of China | CN¥7.74 | 9.5% +CN¥10.1b | 15.0% | PE11.7x | |
| 601186 China Railway Construction | CN¥7.75 | 9.3% +CN¥9.0b | 6.2% | PE4.7x |