Guangdong KinLong Hardware ProductsLtd's (SZSE:002791) Returns Have Hit A Wall
Apr 12
Chinese (SSE) Building Products Industry Analysis
UpdatedApr 12, 2024
DataAggregated Company Financials
Companies52
- 7D-3.8%
- 3M-6.9%
- 1Y-24.5%
- YTDn/a
Over the last 7 days, the Building Products industry has dropped 3.8%, driven by Zhejiang Dun'an Artificial Environment declining 10%. On the other hand Runner (Xiamen) is actually up 8.2%. Overall the industry is down 24% in 12 months. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Chinese Building Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Apr 2024 | CN¥274.7b | CN¥162.3b | CN¥10.2b | 21.9x | 26.8x | 1.7x |
| Mon, 11 Mar 2024 | CN¥263.4b | CN¥165.7b | CN¥9.0b | 20.4x | 29.3x | 1.6x |
| Wed, 07 Feb 2024 | CN¥235.1b | CN¥165.6b | CN¥8.5b | 17.8x | 27.6x | 1.4x |
| Fri, 05 Jan 2024 | CN¥290.1b | CN¥165.7b | CN¥8.5b | 24.2x | 34x | 1.8x |
| Sun, 03 Dec 2023 | CN¥294.1b | CN¥166.1b | CN¥8.7b | 23.5x | 33.9x | 1.8x |
| Tue, 31 Oct 2023 | CN¥298.5b | CN¥165.5b | CN¥8.5b | 25.4x | 35x | 1.8x |
| Thu, 28 Sep 2023 | CN¥316.8b | CN¥164.3b | CN¥7.9b | 25.7x | 40x | 1.9x |
| Sat, 26 Aug 2023 | CN¥313.6b | CN¥164.9b | CN¥7.4b | 23.3x | 42.4x | 1.9x |
| Mon, 24 Jul 2023 | CN¥324.8b | CN¥163.3b | CN¥7.2b | 24.9x | 45.3x | 2x |
| Wed, 21 Jun 2023 | CN¥321.0b | CN¥163.2b | CN¥7.2b | 24.1x | 44.8x | 2x |
| Fri, 19 May 2023 | CN¥328.9b | CN¥163.9b | CN¥6.8b | 24.1x | 48.1x | 2x |
| Sun, 16 Apr 2023 | CN¥365.0b | CN¥171.5b | CN¥7.6b | 23.9x | 48.3x | 2.1x |
| Tue, 14 Mar 2023 | CN¥379.4b | CN¥171.3b | CN¥7.6b | 28.1x | 50.2x | 2.2x |
| Thu, 09 Feb 2023 | CN¥379.1b | CN¥170.9b | CN¥7.4b | 24.6x | 51.2x | 2.2x |
| Sat, 07 Jan 2023 | CN¥378.9b | CN¥171.0b | CN¥7.4b | 27.4x | 50.9x | 2.2x |
| Mon, 05 Dec 2022 | CN¥356.7b | CN¥170.3b | CN¥7.4b | 24.1x | 48.4x | 2.1x |
| Wed, 02 Nov 2022 | CN¥317.1b | CN¥160.7b | CN¥6.5b | 21.8x | 48.9x | 2x |
| Fri, 30 Sep 2022 | CN¥336.0b | CN¥164.8b | CN¥8.8b | 26.6x | 38.1x | 2x |
| Sun, 28 Aug 2022 | CN¥347.6b | CN¥164.9b | CN¥10.5b | 35.8x | 33.2x | 2.1x |
| Tue, 26 Jul 2022 | CN¥338.0b | CN¥165.2b | CN¥10.9b | 35.1x | 31x | 2x |
| Thu, 23 Jun 2022 | CN¥335.6b | CN¥165.4b | CN¥11.0b | 33.1x | 30.6x | 2x |
| Sat, 21 May 2022 | CN¥318.8b | CN¥165.4b | CN¥12.0b | 28.6x | 26.7x | 1.9x |
| Mon, 18 Apr 2022 | CN¥335.2b | CN¥164.0b | CN¥14.0b | 26x | 23.9x | 2x |
| Wed, 16 Mar 2022 | CN¥320.5b | CN¥161.5b | CN¥14.1b | 23.8x | 22.7x | 2x |
| Fri, 11 Feb 2022 | CN¥401.0b | CN¥160.0b | CN¥14.3b | 28.7x | 28.1x | 2.5x |
| Sun, 09 Jan 2022 | CN¥435.2b | CN¥160.0b | CN¥14.4b | 28x | 30.2x | 2.7x |
| Tue, 07 Dec 2021 | CN¥387.0b | CN¥158.6b | CN¥14.3b | 24.9x | 27.1x | 2.4x |
| Thu, 04 Nov 2021 | CN¥350.2b | CN¥158.5b | CN¥14.6b | 22.4x | 24x | 2.2x |
| Sat, 02 Oct 2021 | CN¥356.5b | CN¥151.8b | CN¥14.3b | 23.9x | 25x | 2.3x |
| Mon, 30 Aug 2021 | CN¥418.2b | CN¥151.3b | CN¥14.0b | 25.1x | 29.8x | 2.8x |
| Tue, 06 Jul 2021 | CN¥398.8b | CN¥149.3b | CN¥13.8b | 23.8x | 28.9x | 2.7x |
Price to Earnings Ratio
34.3x
Current Industry PE
- Investors are pessimistic on the Chinese Building Products 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 26.8x which is lower than its 3-year average PE of 35.9x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Building Products industry have declined 4.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Chinese Building Products compare with similar industries?
| CN Market | -2.07% | |
| Industrials | -1.47% | |
| Building | -3.82% | |
| Building Products | -3.82% | |
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 | |
|---|---|---|---|---|---|
| 603408 Runner (Xiamen) | CN¥15.88 | 8.2% +CN¥538.9m | 32.8% | PE16.8x | |
| 600444 Sinomach General Machinery Science & TechnologyLtd | CN¥14.30 | 5.9% +CN¥117.1m | 13.4% | PE52.3x | |
| 301309 Zhejiang Wandekai Fluid Equipment Technology | CN¥24.72 | 4.9% +CN¥115.0m | -13.6% | PE26.5x | |
| 301588 Newtechwood | CN¥28.52 | 1.9% +CN¥61.8m | n/a | PE44.6x |
