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Chinese (SSE) Industrials Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies1315
  • 7D5.1%
  • 3M-8.9%
  • 1Y-21.8%
  • YTD-7.1%

The Industrials industry is up 5.1% in the last week, with China State Construction Engineering up 7.2%. However, the industry is down 22% over the past year. Looking forward, earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

Has the Chinese Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024CN¥12.1tCN¥16.6tCN¥554.4b27.1x21.9x0.7x
Mon, 22 Jan 2024CN¥12.2tCN¥17.0tCN¥674.3b29.2x18.1x0.7x
Wed, 20 Dec 2023CN¥12.6tCN¥16.5tCN¥557.6b31.1x22.6x0.8x
Fri, 17 Nov 2023CN¥13.5tCN¥16.5tCN¥558.2b33.2x24.2x0.8x
Sun, 15 Oct 2023CN¥13.4tCN¥16.3tCN¥537.8b32.7x24.9x0.8x
Tue, 12 Sep 2023CN¥13.9tCN¥16.3tCN¥536.9b33.6x25.9x0.9x
Thu, 10 Aug 2023CN¥14.7tCN¥16.2tCN¥524.3b34.5x28x0.9x
Sat, 08 Jul 2023CN¥14.6tCN¥16.1tCN¥516.0b35.9x28.3x0.9x
Mon, 05 Jun 2023CN¥14.5tCN¥16.1tCN¥513.3b34.6x28.2x0.9x
Wed, 03 May 2023CN¥14.6tCN¥16.0tCN¥511.6b33.4x28.6x0.9x
Fri, 31 Mar 2023CN¥14.5tCN¥15.2tCN¥467.9b34.4x30.9x0.9x
Sun, 26 Feb 2023CN¥14.8tCN¥15.2tCN¥459.9b35.9x32.2x1x
Tue, 24 Jan 2023CN¥14.6tCN¥15.2tCN¥454.9b34x32.1x1x
Thu, 22 Dec 2022CN¥13.7tCN¥15.1tCN¥454.1b31.8x30.1x0.9x
Sat, 19 Nov 2022CN¥14.0tCN¥15.1tCN¥453.2b33.8x31x0.9x
Mon, 17 Oct 2022CN¥14.0tCN¥14.8tCN¥451.1b31.7x31x0.9x
Wed, 14 Sep 2022CN¥14.8tCN¥14.7tCN¥450.5b34.7x32.9x1x
Fri, 12 Aug 2022CN¥15.2tCN¥14.7tCN¥463.3b36.6x32.8x1x
Sun, 10 Jul 2022CN¥14.8tCN¥14.6tCN¥461.0b33.7x32.1x1x
Tue, 07 Jun 2022CN¥13.5tCN¥14.6tCN¥455.8b32.9x29.7x0.9x
Thu, 05 May 2022CN¥11.9tCN¥14.5tCN¥461.6b27.6x25.7x0.8x
Sat, 02 Apr 2022CN¥13.4tCN¥13.9tCN¥493.8b31.3x27.1x1x
Mon, 28 Feb 2022CN¥14.6tCN¥13.8tCN¥496.5b34.9x29.4x1.1x
Wed, 26 Jan 2022CN¥14.4tCN¥13.7tCN¥496.0b33.4x29x1x
Fri, 24 Dec 2021CN¥15.9tCN¥13.7tCN¥495.0b38x32x1.2x
Sun, 21 Nov 2021CN¥15.6tCN¥13.7tCN¥495.1b36.7x31.4x1.1x
Tue, 19 Oct 2021CN¥14.6tCN¥13.4tCN¥493.1b32.6x29.5x1.1x
Thu, 16 Sep 2021CN¥14.5tCN¥13.3tCN¥487.3b34.5x29.8x1.1x
Sat, 14 Aug 2021CN¥14.3tCN¥13.4tCN¥490.7b34x29.1x1.1x
Wed, 09 Jun 2021CN¥12.5tCN¥12.6tCN¥455.4b30.5x27.6x1x
Tue, 02 Mar 2021CN¥12.0tCN¥11.5tCN¥386.9b32.8x30.9x1x
Price to Earnings Ratio

30.9x


Total Market Cap: CN¥12.0tTotal Earnings: CN¥386.9bTotal Revenue: CN¥11.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Industrials Sector Price to Earnings3Y Average 28.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 21.9x which is lower than its 3-year average PE of 28.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 13% 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 Market5.15%
Industrials5.13%
Professional Services10.74%
Commercial Services7.93%
Trade Distributors7.71%
Machinery6.68%
Logistics6.16%
Construction5.99%
Building5.48%
Marine and Shipping4.58%
Aerospace & Defense4.20%
Infrastructure3.28%
Electrical3.22%
Transportation3.06%
Industrials1.45%
Airlines1.31%
Industry PE
  • Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 78.1x.
    • Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 6.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 71% over the next 5 years.
  • In contrast, the Trade Distributors industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
601668 China State Construction EngineeringCN¥5.497.2%
+CN¥15.5b
-2.3%PE4.6x
300442 Range Intelligent Computing Technology GroupCN¥25.6425.0%
+CN¥8.8b
-13.4%PE29.5x
2352 S.F. HoldingCN¥39.354.8%
+CN¥8.7b
-26.7%PE23.9x
600150 China CSSC HoldingsCN¥33.235.8%
+CN¥8.2b
37.9%PE117.2x
600018 Shanghai International Port (Group)CN¥5.564.9%
+CN¥6.1b
5.7%PE9.9x
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Latest News

300442

CN¥25.64

Range Intelligent Computing Technology Group

7D

25.0%

1Y

-13.4%

2050

CN¥24.95

Zhejiang Sanhua Intelligent ControlsLtd

7D

6.6%

1Y

-2.4%

688349

CN¥25.70

Sany Heavy Energy

7D

-5.5%

1Y

-27.6%

2352

CN¥39.35

S.F. Holding

7D

4.8%

1Y

-26.7%

600031

CN¥13.95

Sany Heavy IndustryLtd

7D

-1.6%

1Y

-25.2%

603606

CN¥37.68

Ningbo Orient Wires & CablesLtd

7D

-5.5%

1Y

-31.6%

601186

CN¥8.75

China Railway Construction

7D

4.4%

1Y

8.4%

1872

CN¥17.32

China Merchants Port Group

7D

-3.8%

1Y

17.1%

600018

CN¥5.56

Shanghai International Port (Group)

7D

4.9%

1Y

5.7%

2028

CN¥54.16

Sieyuan Electric

7D

-5.5%

1Y

17.7%

300124

CN¥60.70

Shenzhen Inovance TechnologyLtd

7D

-2.2%

1Y

-17.3%

601668

CN¥5.49

China State Construction Engineering

7D

7.2%

1Y

-2.3%

601100

CN¥52.96

Jiangsu Hengli HydraulicLtd

7D

-2.8%

1Y

-24.3%

1965

CN¥10.94

China Merchants Expressway Network & Technology HoldingsLtd

7D

7.4%

1Y

34.1%

300750

CN¥160.50

Contemporary Amperex Technology

7D

-1.4%

1Y

-28.7%

600150

CN¥33.23

China CSSC Holdings

7D

5.8%

1Y

37.9%