Why Investors Shouldn't Be Surprised By Zhejiang Changsheng Sliding Bearings Co., Ltd.'s (SZSE:300718) 99% Share Price Surge
Feb 20
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Chinese (SSE) Industrials Sector Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies1331
- 7D2.2%
- 3M2.5%
- 1Y21.3%
- YTD5.3%
The Industrials industry is up 2.2% in the last week, with Contemporary Amperex Technology up 2.2%. During this same period, the China CSSC Holdings underperformed, falling 5.1%. This takes the industry's 12 month performance to a gain of 21%. 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | CN¥15.1t | CN¥16.5t | CN¥556.0b | 35.4x | 27.1x | 0.9x |
| Sun, 19 Jan 2025 | CN¥14.3t | CN¥16.4t | CN¥553.2b | 32.4x | 25.8x | 0.9x |
| Tue, 17 Dec 2024 | CN¥15.0t | CN¥16.4t | CN¥552.4b | 34.2x | 27.1x | 0.9x |
| Thu, 14 Nov 2024 | CN¥15.4t | CN¥16.4t | CN¥549.8b | 34x | 28x | 0.9x |
| Sat, 12 Oct 2024 | CN¥13.4t | CN¥16.6t | CN¥573.0b | 29.1x | 23.5x | 0.8x |
| Mon, 09 Sep 2024 | CN¥11.4t | CN¥16.6t | CN¥572.8b | 24.7x | 19.9x | 0.7x |
| Wed, 07 Aug 2024 | CN¥12.0t | CN¥16.7t | CN¥585.1b | 26.3x | 20.4x | 0.7x |
| Fri, 05 Jul 2024 | CN¥11.9t | CN¥16.7t | CN¥582.9b | 25.7x | 20.4x | 0.7x |
| Sun, 02 Jun 2024 | CN¥12.9t | CN¥16.7t | CN¥578.5b | 29x | 22.3x | 0.8x |
| Tue, 30 Apr 2024 | CN¥13.1t | CN¥16.7t | CN¥574.2b | 29.6x | 22.8x | 0.8x |
| Thu, 28 Mar 2024 | CN¥12.5t | CN¥16.7t | CN¥560.8b | 27.9x | 22.2x | 0.7x |
| Sat, 24 Feb 2024 | CN¥12.1t | CN¥16.6t | CN¥554.4b | 27.1x | 21.9x | 0.7x |
| Mon, 22 Jan 2024 | CN¥12.2t | CN¥17.0t | CN¥674.3b | 29.2x | 18.1x | 0.7x |
| Wed, 20 Dec 2023 | CN¥12.6t | CN¥16.5t | CN¥557.6b | 31.1x | 22.6x | 0.8x |
| Fri, 17 Nov 2023 | CN¥13.5t | CN¥16.5t | CN¥558.2b | 33.2x | 24.2x | 0.8x |
| Sun, 15 Oct 2023 | CN¥13.4t | CN¥16.3t | CN¥537.8b | 32.7x | 24.9x | 0.8x |
| Tue, 12 Sep 2023 | CN¥13.9t | CN¥16.3t | CN¥536.9b | 33.6x | 25.9x | 0.9x |
| Thu, 10 Aug 2023 | CN¥14.7t | CN¥16.2t | CN¥524.3b | 34.5x | 28x | 0.9x |
| Sat, 08 Jul 2023 | CN¥14.6t | CN¥16.1t | CN¥516.0b | 35.9x | 28.3x | 0.9x |
| Mon, 05 Jun 2023 | CN¥14.5t | CN¥16.1t | CN¥513.3b | 34.6x | 28.2x | 0.9x |
| Wed, 03 May 2023 | CN¥14.6t | CN¥16.0t | CN¥511.6b | 33.4x | 28.6x | 0.9x |
| Fri, 31 Mar 2023 | CN¥14.5t | CN¥15.2t | CN¥467.9b | 34.4x | 30.9x | 0.9x |
| Sun, 26 Feb 2023 | CN¥14.8t | CN¥15.2t | CN¥459.9b | 35.9x | 32.2x | 1x |
| Tue, 24 Jan 2023 | CN¥14.6t | CN¥15.2t | CN¥454.9b | 34x | 32.1x | 1x |
| Thu, 22 Dec 2022 | CN¥13.7t | CN¥15.1t | CN¥454.1b | 31.8x | 30.1x | 0.9x |
| Sat, 19 Nov 2022 | CN¥14.0t | CN¥15.1t | CN¥453.2b | 33.8x | 31x | 0.9x |
| Mon, 17 Oct 2022 | CN¥14.0t | CN¥14.8t | CN¥451.1b | 31.7x | 31x | 0.9x |
| Wed, 14 Sep 2022 | CN¥14.8t | CN¥14.7t | CN¥450.5b | 34.7x | 32.9x | 1x |
| Fri, 12 Aug 2022 | CN¥15.2t | CN¥14.7t | CN¥463.3b | 36.6x | 32.8x | 1x |
| Sun, 10 Jul 2022 | CN¥14.8t | CN¥14.6t | CN¥461.0b | 33.7x | 32.1x | 1x |
| Tue, 07 Jun 2022 | CN¥13.5t | CN¥14.6t | CN¥455.8b | 32.9x | 29.7x | 0.9x |
| Thu, 05 May 2022 | CN¥11.9t | CN¥14.5t | CN¥461.6b | 27.6x | 25.7x | 0.8x |
| Sat, 02 Apr 2022 | CN¥13.4t | CN¥13.9t | CN¥493.8b | 31.3x | 27.1x | 1x |
| Mon, 28 Feb 2022 | CN¥14.6t | CN¥13.8t | CN¥496.5b | 34.9x | 29.4x | 1.1x |
Price to Earnings Ratio
29.4x
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 26.6x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 3.8% 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 | 1.28% | |
| Industrials | 2.17% | |
| Machinery | 4.45% | |
| Electrical | 2.85% | |
| Professional Services | 1.39% | |
| Commercial Services | 1.29% | |
| Logistics | 0.82% | |
| Transportation | 0.13% | |
| Infrastructure | 0.011% | |
| Aerospace & Defense | -0.21% | |
| Construction | -0.25% | |
| Marine and Shipping | -0.46% | |
| Building | -0.47% | |
| Industrials | -0.64% | |
| Trade Distributors | -0.96% | |
| Airlines | -3.45% | |
Industry PE
- Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 64.5x.
- 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 74% over the next 5 years.
- This is better than its past earnings growth rate of 58% per year.
- In contrast, the Infrastructure industry is expected to see its earnings grow by 9.1% 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 | |
|---|---|---|---|---|---|
| 300750 Contemporary Amperex Technology | CN¥275.55 | 2.2% +CN¥25.6b | 71.7% | PE24.7x | |
| 601100 Jiangsu Hengli HydraulicLtd | CN¥84.60 | 22.2% +CN¥20.6b | 59.7% | PE44.7x | |
| 300124 Shenzhen Inovance TechnologyLtd | CN¥73.92 | 11.0% +CN¥19.7b | 21.8% | PE41.6x | |
| 300718 Zhejiang Changsheng Sliding Bearings | CN¥108.10 | 67.2% +CN¥12.9b | 615.4% | PE138.1x | |
| 300660 Jiangsu Leili Motor | CN¥74.80 | 61.4% +CN¥9.1b | 192.5% | PE78.1x |
