Fewer Investors Than Expected Jumping On Sany Heavy Industry Co.,Ltd (SHSE:600031)
Nov 15
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Chinese (SSE) Industrials Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies1321
- 7D-2.8%
- 3M28.8%
- 1Y10.0%
- YTD12.1%
Over the last 7 days, the Industrials industry has dropped 3.1%, driven by a pullback from Contemporary Amperex Technology of 5.1%. On the other hand Guangdong Topstar Technology is actually up 43%. Over the past 12 months, the industry was up 7.4%. As for the next few years, earnings are expected to grow by 26% per annum.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥15.0t | CN¥16.4t | CN¥549.9b | 33.2x | 27.2x | 0.9x |
| Sat, 19 Oct 2024 | CN¥13.8t | CN¥16.6t | CN¥572.9b | 30.3x | 24.2x | 0.8x |
| Mon, 16 Sep 2024 | CN¥11.2t | CN¥16.6t | CN¥571.9b | 24.3x | 19.7x | 0.7x |
| Wed, 14 Aug 2024 | CN¥11.8t | CN¥16.7t | CN¥585.5b | 26.2x | 20.2x | 0.7x |
| Fri, 12 Jul 2024 | CN¥12.0t | CN¥16.7t | CN¥582.9b | 26.7x | 20.6x | 0.7x |
| Sun, 09 Jun 2024 | CN¥12.6t | CN¥16.7t | CN¥582.1b | 27.4x | 21.7x | 0.8x |
| Tue, 07 May 2024 | CN¥13.2t | CN¥16.7t | CN¥582.3b | 29.8x | 22.7x | 0.8x |
| Thu, 04 Apr 2024 | CN¥13.0t | CN¥15.6t | CN¥536.4b | 29.6x | 24.2x | 0.8x |
| Sat, 02 Mar 2024 | CN¥12.5t | CN¥16.6t | CN¥549.9b | 28.5x | 22.7x | 0.8x |
| Mon, 29 Jan 2024 | CN¥12.3t | CN¥16.6t | CN¥556.4b | 29x | 22.1x | 0.7x |
| Wed, 27 Dec 2023 | CN¥12.6t | CN¥16.5t | CN¥557.7b | 30.5x | 22.5x | 0.8x |
| Fri, 24 Nov 2023 | CN¥13.4t | CN¥16.5t | CN¥558.3b | 33.3x | 23.9x | 0.8x |
| Sun, 22 Oct 2023 | CN¥12.9t | CN¥16.4t | CN¥540.6b | 31.4x | 23.8x | 0.8x |
| Tue, 19 Sep 2023 | CN¥13.7t | CN¥16.6t | CN¥828.1b | 33.3x | 16.5x | 0.8x |
| Thu, 17 Aug 2023 | CN¥14.2t | CN¥16.2t | CN¥523.2b | 33.5x | 27.1x | 0.9x |
| Sat, 15 Jul 2023 | CN¥14.7t | CN¥16.1t | CN¥517.0b | 36x | 28.5x | 0.9x |
| Mon, 12 Jun 2023 | CN¥14.2t | CN¥16.1t | CN¥513.8b | 33.7x | 27.6x | 0.9x |
| Wed, 10 May 2023 | CN¥14.5t | CN¥16.0t | CN¥511.5b | 32.9x | 28.4x | 0.9x |
| Fri, 07 Apr 2023 | CN¥14.6t | CN¥15.3t | CN¥475.4b | 34.3x | 30.6x | 1x |
| Sun, 05 Mar 2023 | CN¥15.0t | CN¥15.2t | CN¥458.3b | 36.3x | 32.6x | 1x |
| Tue, 31 Jan 2023 | CN¥14.8t | CN¥15.2t | CN¥455.7b | 34.5x | 32.4x | 1x |
| Thu, 29 Dec 2022 | CN¥13.7t | CN¥15.1t | CN¥455.0b | 31.4x | 30.1x | 0.9x |
| Sat, 26 Nov 2022 | CN¥14.0t | CN¥15.1t | CN¥454.0b | 33.2x | 30.9x | 0.9x |
| Mon, 24 Oct 2022 | CN¥14.1t | CN¥14.9t | CN¥458.9b | 32.3x | 30.6x | 0.9x |
| Wed, 21 Sep 2022 | CN¥14.0t | CN¥14.8t | CN¥449.7b | 32.6x | 31.2x | 1x |
| Fri, 19 Aug 2022 | CN¥15.7t | CN¥14.7t | CN¥463.0b | 38x | 33.9x | 1.1x |
| Sun, 17 Jul 2022 | CN¥14.8t | CN¥14.6t | CN¥461.0b | 34x | 32.2x | 1x |
| Tue, 14 Jun 2022 | CN¥13.5t | CN¥14.6t | CN¥455.3b | 32.2x | 29.6x | 0.9x |
| Thu, 12 May 2022 | CN¥12.3t | CN¥14.5t | CN¥453.5b | 29.2x | 27.1x | 0.8x |
| Sat, 09 Apr 2022 | CN¥13.2t | CN¥13.9t | CN¥487.8b | 30.5x | 27.1x | 0.9x |
| Mon, 07 Mar 2022 | CN¥14.4t | CN¥13.8t | CN¥501.5b | 34.2x | 28.7x | 1x |
| Wed, 02 Feb 2022 | CN¥14.3t | CN¥13.7t | CN¥496.3b | 34x | 28.8x | 1x |
| Fri, 31 Dec 2021 | CN¥15.7t | CN¥13.7t | CN¥495.5b | 37.4x | 31.8x | 1.1x |
| Sun, 28 Nov 2021 | CN¥15.7t | CN¥13.7t | CN¥496.4b | 37.2x | 31.7x | 1.1x |
Price to Earnings Ratio
31.7x
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 27.0x.
- The industry is trading close to its 3-year average PS ratio of 0.89x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 3.5% per year over the last three years.
- Revenues for these companies have grown 6.2% 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 | -3.39% | |
| Industrials | -2.83% | |
| Airlines | 4.59% | |
| Infrastructure | 1.20% | |
| Trade Distributors | -0.0002% | |
| Transportation | -0.35% | |
| Construction | -1.37% | |
| Commercial Services | -2.21% | |
| Marine and Shipping | -2.46% | |
| Machinery | -2.58% | |
| Building | -3.54% | |
| Professional Services | -3.54% | |
| Logistics | -3.63% | |
| Electrical | -3.93% | |
| Industrials | -5.77% | |
| Aerospace & Defense | -6.76% | |
Industry PE
- Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 67.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 55% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Infrastructure industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 300607 Guangdong Topstar Technology | CN¥32.08 | 50.3% +CN¥4.8b | 94.4% | PS4x | |
| 000088 Shenzhen Yan Tian Port HoldingsLtd | CN¥5.00 | 0.6% +CN¥4.7b | -2.2% | PE22.4x | |
| 601816 Beijing-Shanghai High-Speed Railway | CN¥5.62 | 1.6% +CN¥4.4b | 12.6% | PE21.8x | |
| 601021 Spring Airlines | CN¥59.08 | 7.0% +CN¥3.8b | 11.1% | PE26.4x | |
| 600115 China Eastern Airlines | CN¥4.05 | 4.1% +CN¥3.6b | -5.6% | PS0.7x |
