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Chinese (SSE) Airlines Industry Analysis
UpdatedSep 04, 2024
DataAggregated Company Financials
Companies4
- 7D0.7%
- 3M-11.3%
- 1Y-17.9%
- YTDn/a
Over the last 7 days, the Airlines industry has dropped 2.2%, driven by declines in Spring Airlines and Juneyao Airlines of 2.3% and 4.1%, respectively. The industry has fallen 20% in the last year. Earnings are forecast to grow by 43% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 04 Sep 2024 | CN¥151.9b | CN¥176.2b | -CN¥1,459,540,791.00 | 18.6x | -104.1x | 0.9x |
| Fri, 02 Aug 2024 | CN¥164.2b | CN¥171.0b | -CN¥2,183,595,974.00 | 22.7x | -75.2x | 1x |
| Sun, 30 Jun 2024 | CN¥165.4b | CN¥171.0b | -CN¥2,183,595,974.00 | 22.8x | -75.8x | 1x |
| Tue, 28 May 2024 | CN¥173.5b | CN¥171.0b | -CN¥2,183,595,974.00 | 25.4x | -79.4x | 1x |
| Thu, 25 Apr 2024 | CN¥163.8b | CN¥154.2b | -CN¥7,255,869,628.00 | 39x | -22.6x | 1.1x |
| Sat, 23 Mar 2024 | CN¥161.4b | CN¥133.7b | -CN¥11,716,882,589.00 | 39.1x | -13.8x | 1.2x |
| Mon, 19 Feb 2024 | CN¥164.8b | CN¥133.7b | -CN¥11,716,882,589.00 | 39.1x | -14.1x | 1.2x |
| Wed, 17 Jan 2024 | CN¥167.0b | CN¥133.7b | -CN¥11,716,882,589.00 | 38.4x | -14.3x | 1.2x |
| Fri, 15 Dec 2023 | CN¥167.5b | CN¥133.7b | -CN¥11,716,882,589.00 | 35.9x | -14.3x | 1.3x |
| Sun, 12 Nov 2023 | CN¥174.7b | CN¥133.7b | -CN¥11,716,882,589.00 | 37.7x | -14.9x | 1.3x |
| Tue, 10 Oct 2023 | CN¥178.8b | CN¥106.7b | -CN¥29,830,885,191.00 | n/a | -6x | 1.7x |
| Thu, 07 Sep 2023 | CN¥184.2b | CN¥106.1b | -CN¥29,851,960,192.00 | n/a | -6.2x | 1.7x |
| Sat, 05 Aug 2023 | CN¥201.8b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -4.9x | 2.6x |
| Mon, 03 Jul 2023 | CN¥195.1b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -4.8x | 2.5x |
| Wed, 31 May 2023 | CN¥195.2b | CN¥78.8b | -CN¥40,911,036,225.00 | n/a | -4.8x | 2.5x |
| Fri, 28 Apr 2023 | CN¥214.6b | CN¥65.9b | -CN¥44,867,786,543.00 | n/a | -4.8x | 3.3x |
| Sun, 26 Mar 2023 | CN¥209.4b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.4x | 2.9x |
| Tue, 21 Feb 2023 | CN¥224.5b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.8x | 3.2x |
| Thu, 19 Jan 2023 | CN¥220.2b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.7x | 3.1x |
| Sat, 17 Dec 2022 | CN¥215.2b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -5.5x | 3x |
| Mon, 14 Nov 2022 | CN¥182.3b | CN¥71.1b | -CN¥38,922,610,838.00 | n/a | -4.7x | 2.6x |
| Wed, 12 Oct 2022 | CN¥167.5b | CN¥72.8b | -CN¥30,509,955,081.00 | n/a | -5.5x | 2.3x |
| Fri, 09 Sep 2022 | CN¥171.0b | CN¥76.1b | -CN¥28,226,616,474.00 | n/a | -6.1x | 2.2x |
| Sun, 07 Aug 2022 | CN¥167.8b | CN¥97.5b | -CN¥16,999,543,432.00 | 11.2x | -9.9x | 1.7x |
| Tue, 05 Jul 2022 | CN¥186.4b | CN¥97.5b | -CN¥16,994,549,362.00 | 12.1x | -11x | 1.9x |
| Thu, 02 Jun 2022 | CN¥161.6b | CN¥97.5b | -CN¥16,992,110,178.00 | 6x | -9.5x | 1.7x |
| Sat, 30 Apr 2022 | CN¥152.8b | CN¥94.8b | -CN¥12,680,992,085.00 | 33.5x | -12.1x | 1.6x |
| Mon, 28 Mar 2022 | CN¥158.2b | CN¥96.8b | -CN¥10,905,271,459.00 | 33.6x | -14.5x | 1.6x |
| Wed, 23 Feb 2022 | CN¥187.8b | CN¥96.8b | -CN¥10,905,271,459.00 | 41.1x | -17.2x | 1.9x |
| Fri, 21 Jan 2022 | CN¥189.0b | CN¥96.8b | -CN¥10,905,271,459.00 | 45.1x | -17.3x | 2x |
| Sun, 19 Dec 2021 | CN¥165.3b | CN¥96.8b | -CN¥10,905,271,459.00 | 36.8x | -15.2x | 1.7x |
| Tue, 16 Nov 2021 | CN¥179.2b | CN¥96.8b | -CN¥10,905,271,459.00 | 38.3x | -16.4x | 1.9x |
| Thu, 14 Oct 2021 | CN¥168.3b | CN¥96.1b | -CN¥7,750,278,810.00 | 63.5x | -21.7x | 1.8x |
| Sat, 11 Sep 2021 | CN¥169.1b | CN¥96.1b | -CN¥7,750,278,811.00 | 63.4x | -21.8x | 1.8x |
Price to Earnings Ratio
-21.8x
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 1.9x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Airlines industry have improved over the last three years.
- Revenues for these companies have grown 21% 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 | 1.24% | |
| Industrials | 1.35% | |
| Airlines | 0.69% | |
| Airlines | 0.69% | |
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¥51.63 | 7.1% +CN¥3.3b | -5.3% | PE18.1x | |
| 603885 Juneyao Airlines | CN¥10.89 | 8.5% +CN¥1.9b | -29.7% | PE20.6x | |
| 600115 China Eastern Airlines | CN¥3.75 | 0.8% +CN¥668.7m | -13.2% | PS0.6x | |
| 002928 China Express AirlinesLTD | CN¥5.65 | 1.3% +CN¥89.2m | -26.4% | PS1.3x |