Guangdong KinLong Hardware ProductsLtd's (SZSE:002791) Profits Appear To Have Quality Issues
Sep 06
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Chinese (SSE) Building Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies51
- 7D-3.7%
- 3M-19.7%
- 1Y-37.3%
- YTD-29.0%
Over the last 7 days, the Building industry has dropped 3.7%, driven by Beijing New Building Materials declining 6.2%. However, the industry is down 37% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Chinese Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 08 Sep 2024 | CN¥210.3b | CN¥179.9b | CN¥11.9b | 16.1x | 17.7x | 1.2x |
| Tue, 06 Aug 2024 | CN¥219.5b | CN¥173.2b | CN¥11.8b | 17.9x | 18.6x | 1.3x |
| Thu, 04 Jul 2024 | CN¥235.7b | CN¥173.2b | CN¥11.8b | 18.5x | 19.9x | 1.4x |
| Sat, 01 Jun 2024 | CN¥271.5b | CN¥173.7b | CN¥12.1b | 20.1x | 22.4x | 1.6x |
| Mon, 29 Apr 2024 | CN¥270.0b | CN¥173.4b | CN¥11.8b | 21.2x | 22.8x | 1.6x |
| Wed, 27 Mar 2024 | CN¥277.5b | CN¥167.3b | CN¥9.1b | 21.6x | 30.5x | 1.7x |
| Fri, 23 Feb 2024 | CN¥259.2b | CN¥165.6b | CN¥8.5b | 20.8x | 30.4x | 1.6x |
| Sun, 21 Jan 2024 | CN¥281.8b | CN¥165.6b | CN¥8.5b | 24.3x | 33.1x | 1.7x |
| Tue, 19 Dec 2023 | CN¥280.2b | CN¥166.1b | CN¥8.7b | 22.1x | 32.3x | 1.7x |
| Thu, 16 Nov 2023 | CN¥304.8b | CN¥166.0b | CN¥8.7b | 24.6x | 35.1x | 1.8x |
| Sat, 14 Oct 2023 | CN¥308.5b | CN¥164.3b | CN¥7.9b | 24.4x | 38.9x | 1.9x |
| Mon, 11 Sep 2023 | CN¥333.0b | CN¥164.3b | CN¥7.9b | 26.7x | 42.1x | 2x |
| Wed, 09 Aug 2023 | CN¥334.9b | CN¥163.7b | CN¥7.2b | 25.2x | 46.6x | 2x |
| Fri, 07 Jul 2023 | CN¥317.5b | CN¥163.3b | CN¥7.2b | 24.5x | 44.3x | 1.9x |
| Sun, 04 Jun 2023 | CN¥329.2b | CN¥163.8b | CN¥6.9b | 24.4x | 47.8x | 2x |
| Tue, 02 May 2023 | CN¥346.2b | CN¥165.7b | CN¥7.2b | 23.1x | 48x | 2.1x |
| Thu, 30 Mar 2023 | CN¥361.1b | CN¥171.6b | CN¥7.4b | 26.2x | 48.8x | 2.1x |
| Sat, 25 Feb 2023 | CN¥396.5b | CN¥171.0b | CN¥7.4b | 27.8x | 53.5x | 2.3x |
| Mon, 23 Jan 2023 | CN¥380.6b | CN¥169.8b | CN¥7.3b | 23.9x | 52.3x | 2.2x |
| Wed, 21 Dec 2022 | CN¥358.6b | CN¥170.9b | CN¥7.4b | 26.5x | 48.2x | 2.1x |
| Fri, 18 Nov 2022 | CN¥372.0b | CN¥163.9b | CN¥6.9b | 23x | 54.1x | 2.3x |
| Sun, 16 Oct 2022 | CN¥336.5b | CN¥164.8b | CN¥8.8b | 26.5x | 38.1x | 2x |
| Tue, 13 Sep 2022 | CN¥361.4b | CN¥163.3b | CN¥8.6b | 29.9x | 42.1x | 2.2x |
| Thu, 11 Aug 2022 | CN¥353.8b | CN¥165.4b | CN¥10.9b | 34.5x | 32.5x | 2.1x |
| Sat, 09 Jul 2022 | CN¥350.1b | CN¥165.4b | CN¥11.0b | 34.5x | 31.9x | 2.1x |
| Mon, 06 Jun 2022 | CN¥319.9b | CN¥164.8b | CN¥11.4b | 31.5x | 28.1x | 1.9x |
| Wed, 04 May 2022 | CN¥295.4b | CN¥165.7b | CN¥12.6b | 25.1x | 23.5x | 1.8x |
| Fri, 01 Apr 2022 | CN¥352.5b | CN¥162.6b | CN¥14.6b | 26.1x | 24.1x | 2.2x |
| Sun, 27 Feb 2022 | CN¥376.2b | CN¥160.6b | CN¥14.1b | 27.3x | 26.6x | 2.3x |
| Tue, 25 Jan 2022 | CN¥416.2b | CN¥160.2b | CN¥14.4b | 26.4x | 28.9x | 2.6x |
| Thu, 23 Dec 2021 | CN¥423.9b | CN¥160.0b | CN¥14.4b | 27x | 29.4x | 2.7x |
| Sat, 20 Nov 2021 | CN¥362.2b | CN¥158.6b | CN¥14.3b | 23.9x | 25.4x | 2.3x |
| Mon, 18 Oct 2021 | CN¥360.9b | CN¥151.4b | CN¥14.9b | 23.4x | 24.3x | 2.4x |
| Wed, 15 Sep 2021 | CN¥389.9b | CN¥151.8b | CN¥14.3b | 25x | 27.3x | 2.6x |
Price to Earnings Ratio
27.3x
Current Industry PE
- Investors are pessimistic on the Chinese Building 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 17.7x which is lower than its 3-year average PE of 34.4x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Building industry have declined 5.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.8% 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 Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -2.42% | |
| Industrials | -2.06% | |
| Building | -3.72% | |
| Building Products | -3.72% | |
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 | |
|---|---|---|---|---|---|
| 002791 Guangdong KinLong Hardware ProductsLtd | CN¥21.70 | -2.1% CN¥554.0m | -63.8% | PE24.3x | |
| 603992 Xiamen Solex High-tech Industries | CN¥17.50 | 3.5% +CN¥236.6m | 20.4% | PE15.5x | |
| 300093 Gansu Golden Solar | CN¥12.00 | 5.7% +CN¥140.4m | -29.2% | PS8.2x | |
| 300117 Jiayu HoldingLtd | CN¥1.86 | 8.8% +CN¥107.5m | -35.6% | PS1.7x | |
| 301356 Zhejiang Tianzhen Technology | CN¥12.32 | 3.1% +CN¥79.9m | -37.8% | PS7.1x |
