Juneyao Airlines' (SHSE:603885) Earnings May Just Be The Starting Point
Apr 15
Chinese (SSE) Airlines Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies4
- 7D1.0%
- 3M-4.0%
- 1Y-29.5%
- YTDn/a
All of the companies in the Airlines industry have been up over the last week, with the industry up 3.1%. However, the industry is down 28% over the past year. As for the next few years, earnings are expected to grow by 65% per annum.
Industry Valuation and Performance
Has the Chinese Airlines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | CN¥159.8b | CN¥154.2b | -CN¥7,255,869,628.00 | 38.4x | -22x | 1x |
| Thu, 14 Mar 2024 | CN¥161.7b | CN¥133.7b | -CN¥11,716,882,589.00 | 39.4x | -13.8x | 1.2x |
| Sat, 10 Feb 2024 | CN¥164.8b | CN¥133.7b | -CN¥11,716,882,589.00 | 39.1x | -14.1x | 1.2x |
| Mon, 08 Jan 2024 | CN¥159.4b | CN¥133.7b | -CN¥11,716,882,589.00 | 36.1x | -13.6x | 1.2x |
| Wed, 06 Dec 2023 | CN¥168.9b | CN¥133.7b | -CN¥11,716,882,589.00 | 36.1x | -14.4x | 1.3x |
| Fri, 03 Nov 2023 | CN¥178.6b | CN¥133.7b | -CN¥11,711,587,329.00 | 38x | -15.2x | 1.3x |
| Sun, 01 Oct 2023 | CN¥182.4b | CN¥106.7b | -CN¥29,830,885,191.00 | n/a | -6.1x | 1.7x |
| Tue, 29 Aug 2023 | CN¥186.6b | CN¥82.8b | -CN¥39,673,239,923.00 | n/a | -4.7x | 2.3x |
| Thu, 27 Jul 2023 | CN¥205.4b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -5x | 2.6x |
| Sat, 24 Jun 2023 | CN¥198.1b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -4.8x | 2.5x |
| Mon, 22 May 2023 | CN¥204.7b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -5x | 2.6x |
| Wed, 19 Apr 2023 | CN¥226.6b | CN¥65.9b | -CN¥44,867,786,547.00 | n/a | -5.1x | 3.4x |
| Fri, 17 Mar 2023 | CN¥213.8b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.5x | 3x |
| Sun, 12 Feb 2023 | CN¥218.6b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.6x | 3.1x |
| Tue, 10 Jan 2023 | CN¥204.2b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.2x | 2.9x |
| Thu, 08 Dec 2022 | CN¥202.1b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.2x | 2.8x |
| Sat, 05 Nov 2022 | CN¥187.0b | CN¥71.3b | -CN¥38,507,455,136.00 | n/a | -4.9x | 2.6x |
| Mon, 03 Oct 2022 | CN¥170.9b | CN¥72.8b | -CN¥30,509,955,081.00 | n/a | -5.6x | 2.3x |
| Wed, 31 Aug 2022 | CN¥179.0b | CN¥97.6b | -CN¥16,866,558,018.00 | 9.9x | -10.6x | 1.8x |
| Fri, 29 Jul 2022 | CN¥179.3b | CN¥97.5b | -CN¥16,999,706,186.00 | 11.5x | -10.5x | 1.8x |
| Sun, 26 Jun 2022 | CN¥177.7b | CN¥97.5b | -CN¥16,993,577,916.00 | 11.9x | -10.5x | 1.8x |
| Tue, 24 May 2022 | CN¥154.6b | CN¥98.7b | -CN¥16,178,529,264.00 | 20x | -9.6x | 1.6x |
| Thu, 21 Apr 2022 | CN¥163.5b | CN¥95.1b | -CN¥12,227,271,459.00 | 35.7x | -13.4x | 1.7x |
| Sat, 19 Mar 2022 | CN¥172.3b | CN¥96.8b | -CN¥10,905,271,459.00 | 35.9x | -15.8x | 1.8x |
| Mon, 14 Feb 2022 | CN¥200.5b | CN¥96.8b | -CN¥10,905,271,459.00 | 43.7x | -18.4x | 2.1x |
| Wed, 12 Jan 2022 | CN¥183.0b | CN¥96.8b | -CN¥10,905,271,459.00 | 40.4x | -16.8x | 1.9x |
| Fri, 10 Dec 2021 | CN¥171.5b | CN¥96.8b | -CN¥10,905,271,459.00 | 36.6x | -15.7x | 1.8x |
| Sun, 07 Nov 2021 | CN¥159.6b | CN¥96.8b | -CN¥10,905,271,459.00 | 39.3x | -14.6x | 1.6x |
| Tue, 05 Oct 2021 | CN¥142.2b | CN¥96.1b | -CN¥7,750,278,810.00 | 56.6x | -18.3x | 1.5x |
| Thu, 02 Sep 2021 | CN¥156.6b | CN¥96.1b | -CN¥7,750,278,811.00 | 55.1x | -20.2x | 1.6x |
| Sat, 31 Jul 2021 | CN¥138.7b | CN¥96.1b | -CN¥7,750,278,811.00 | 46.6x | -17.9x | 1.4x |
| Tue, 04 May 2021 | CN¥176.6b | CN¥80.7b | -CN¥11,952,463,451.00 | 23.4x | -14.8x | 2.2x |
Price to Earnings Ratio
-14.8x
Current Industry PE
- Investors are pessimistic on the Chinese Airlines industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Airlines industry have improved over the last three years.
- Revenues for these companies have grown 23% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Chinese Airlines compare with similar industries?
| CN Market | -1.04% | |
| Industrials | -0.30% | |
| Airlines | 1.03% | |
| Airlines | 1.03% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601021 Spring Airlines | CN¥58.49 | 4.2% +CN¥2.3b | -8.2% | PE41.4x | |
| 603885 Juneyao Airlines | CN¥12.09 | 0.3% +CN¥88.2m | -36.6% | PE35.5x | |
| 2928 China Express AirlinesLTD | CN¥5.75 | 0.7% +CN¥50.9m | -51.0% | PS1.6x |
