Chinese (SSE) Commercial Services Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies110
- 7D0.2%
- 3M-1.7%
- 1Y-6.1%
- YTD-2.7%
Last week, the Commercial Services industry hasn't moved much but Yuancheng Environment is up 23% in that time. As for the longer term, the industry has declined 6.1% in the last year. As for the next few years, earnings are expected to grow by 33% per annum.
Industry Valuation and Performance
Has the Chinese Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | CN¥556.6b | CN¥329.5b | CN¥1.3b | 33.8x | 424.8x | 1.7x |
| Mon, 30 Oct 2023 | CN¥546.0b | CN¥327.3b | CN¥8.6b | 31.9x | 63.3x | 1.7x |
| Wed, 27 Sep 2023 | CN¥544.3b | CN¥313.8b | CN¥8.5b | 33x | 63.9x | 1.7x |
| Fri, 25 Aug 2023 | CN¥575.4b | CN¥312.5b | CN¥9.4b | 32.5x | 60.9x | 1.8x |
| Sun, 23 Jul 2023 | CN¥563.5b | CN¥308.3b | CN¥9.3b | 31.3x | 60.3x | 1.8x |
| Tue, 20 Jun 2023 | CN¥562.3b | CN¥308.3b | CN¥9.3b | 31.2x | 60.2x | 1.8x |
| Thu, 18 May 2023 | CN¥566.7b | CN¥307.1b | CN¥9.7b | 33x | 58.7x | 1.8x |
| Sat, 15 Apr 2023 | CN¥568.6b | CN¥289.1b | CN¥8.4b | 30x | 67.6x | 2x |
| Mon, 13 Mar 2023 | CN¥577.1b | CN¥289.5b | CN¥6.5b | 31.7x | 88.6x | 2x |
| Wed, 08 Feb 2023 | CN¥578.9b | CN¥289.5b | CN¥8.2b | 28.7x | 70.3x | 2x |
| Fri, 06 Jan 2023 | CN¥546.6b | CN¥289.5b | CN¥8.2b | 26.7x | 66.3x | 1.9x |
| Sun, 04 Dec 2022 | CN¥552.2b | CN¥288.2b | CN¥8.0b | 28.6x | 68.7x | 1.9x |
| Tue, 01 Nov 2022 | CN¥498.6b | CN¥292.0b | CN¥8.9b | 25.8x | 56.3x | 1.7x |
| Thu, 29 Sep 2022 | CN¥519.0b | CN¥290.9b | CN¥9.2b | 26.4x | 56.1x | 1.8x |
| Sat, 27 Aug 2022 | CN¥561.4b | CN¥296.5b | CN¥11.7b | 28.8x | 48.1x | 1.9x |
| Mon, 25 Jul 2022 | CN¥578.5b | CN¥299.8b | CN¥8.2b | 31.2x | 70.7x | 1.9x |
| Wed, 22 Jun 2022 | CN¥524.3b | CN¥297.9b | CN¥8.0b | 29.5x | 65.6x | 1.8x |
| Fri, 20 May 2022 | CN¥513.4b | CN¥297.4b | CN¥5.9b | 28.6x | 86.8x | 1.7x |
| Sun, 17 Apr 2022 | CN¥510.1b | CN¥308.4b | CN¥9.9b | 25.3x | 51.7x | 1.7x |
| Tue, 15 Mar 2022 | CN¥558.1b | CN¥309.2b | CN¥10.2b | 28.1x | 54.9x | 1.8x |
| Thu, 10 Feb 2022 | CN¥589.6b | CN¥314.1b | CN¥10.1b | 28.7x | 58.3x | 1.9x |
| Sat, 08 Jan 2022 | CN¥634.9b | CN¥313.7b | CN¥10.1b | 30.2x | 62.8x | 2x |
| Mon, 06 Dec 2021 | CN¥595.1b | CN¥312.1b | CN¥9.9b | 30.2x | 60.2x | 1.9x |
| Wed, 03 Nov 2021 | CN¥542.5b | CN¥307.3b | CN¥9.1b | 19.4x | 59.7x | 1.8x |
| Fri, 01 Oct 2021 | CN¥589.5b | CN¥304.5b | CN¥11.2b | 23.8x | 52.7x | 1.9x |
| Sun, 29 Aug 2021 | CN¥557.7b | CN¥303.2b | CN¥11.0b | 23.4x | 50.6x | 1.8x |
| Mon, 05 Jul 2021 | CN¥550.4b | CN¥301.2b | CN¥10.6b | 22.4x | 51.8x | 1.8x |
| Thu, 08 Apr 2021 | CN¥592.9b | CN¥291.0b | CN¥14.4b | 25.3x | 41.3x | 2x |
| Sun, 10 Jan 2021 | CN¥489.9b | CN¥266.1b | CN¥11.7b | 22.4x | 41.9x | 1.8x |
Price to Earnings Ratio
34.8x
Current Industry PE
- Investors are optimistic on the Chinese Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 425x which is higher than its 3-year average PE of 67.4x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 55% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.0% 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 Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -0.43% | |
| Industrials | -0.42% | |
| Commercial Services | 0.16% | |
| Security and Alarm Services | 3.63% | |
| Commercial Printing | 2.12% | |
| Environmental and Facilities Services | 0.20% | |
| Office Services and Supplies | -0.14% | |
| Diversified Support Services | -1.86% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 63.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Commercial Printing industry, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings decline of 34% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603388 Yuancheng Environment | CN¥11.58 | 22.7% +CN¥697.1m | -10.9% | PS13.7x | |
| 301127 Wuhan Tianyuan Environmental ProtectionLTD | CN¥11.99 | 15.1% +CN¥659.8m | 4.6% | PE19.1x | |
| 2229 HongboLtd | CN¥33.63 | 3.2% +CN¥508.0m | 387.4% | PS26.2x | |
| 300203 Focused Photonics (Hangzhou) | CN¥18.96 | 6.2% +CN¥493.6m | -44.0% | PS2.6x | |
| 300952 Jiangsu Hanvo Safety Product | CN¥24.67 | 15.5% +CN¥481.9m | 24.5% | PE31.7x |