There's No Escaping EIT Environmental Development Group Co.,Ltd's (SZSE:300815) Muted Earnings
Jul 26
Chinese (SSE) Environmental and Facilities Services Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies85
- 7D-1.2%
- 3M-11.6%
- 1Y-27.9%
- YTDn/a
Over the last 7 days, the Environmental and Facilities Services industry has dropped 1.8%, driven by Shanghai Environment Group declining 16%. In contrast, EIT Environmental Development GroupLtd has gained 8.2%. However, the industry is down 29% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Chinese Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥314.1b | CN¥170.9b | CN¥9.5b | 22.3x | 33x | 1.8x |
| Sun, 23 Jun 2024 | CN¥339.2b | CN¥170.8b | CN¥9.8b | 23.3x | 34.8x | 2x |
| Tue, 21 May 2024 | CN¥373.0b | CN¥170.6b | CN¥8.4b | 27x | 44.5x | 2.2x |
| Thu, 18 Apr 2024 | CN¥350.7b | CN¥170.2b | CN¥7.6b | 26.3x | 46.3x | 2.1x |
| Sat, 16 Mar 2024 | CN¥368.7b | CN¥169.0b | CN¥7.4b | 28.7x | 49.6x | 2.2x |
| Mon, 12 Feb 2024 | CN¥322.5b | CN¥171.8b | CN¥246.5m | 20.8x | 1308x | 1.9x |
| Wed, 10 Jan 2024 | CN¥395.2b | CN¥171.8b | CN¥242.6m | 30x | 1628.9x | 2.3x |
| Fri, 08 Dec 2023 | CN¥411.0b | CN¥171.8b | CN¥242.6m | 31x | 1694x | 2.4x |
| Sun, 05 Nov 2023 | CN¥393.5b | CN¥152.7b | -CN¥1,158,609,217.00 | 31.4x | -339.6x | 2.6x |
| Tue, 03 Oct 2023 | CN¥401.9b | CN¥148.8b | CN¥6.2b | 30.9x | 64.9x | 2.7x |
| Thu, 31 Aug 2023 | CN¥412.4b | CN¥141.0b | CN¥6.4b | 30.3x | 64.3x | 2.9x |
| Sat, 29 Jul 2023 | CN¥402.5b | CN¥140.0b | CN¥6.4b | 29.6x | 63x | 2.9x |
| Mon, 26 Jun 2023 | CN¥374.8b | CN¥140.0b | CN¥6.4b | 27.7x | 58.6x | 2.7x |
| Wed, 24 May 2023 | CN¥396.0b | CN¥140.6b | CN¥6.9b | 30.6x | 57.5x | 2.8x |
| Fri, 21 Apr 2023 | CN¥392.7b | CN¥140.8b | CN¥7.5b | 28.4x | 52.3x | 2.8x |
| Sun, 19 Mar 2023 | CN¥403.2b | CN¥140.5b | CN¥4.3b | 28.8x | 93.8x | 2.9x |
| Tue, 14 Feb 2023 | CN¥416.3b | CN¥139.6b | CN¥5.9b | 28.2x | 70.5x | 3x |
| Thu, 12 Jan 2023 | CN¥379.0b | CN¥139.6b | CN¥5.9b | 25.8x | 64.2x | 2.7x |
| Sat, 10 Dec 2022 | CN¥386.4b | CN¥138.3b | CN¥5.7b | 27.4x | 67.8x | 2.8x |
| Mon, 07 Nov 2022 | CN¥385.6b | CN¥142.1b | CN¥6.5b | 27.6x | 59.5x | 2.7x |
| Wed, 05 Oct 2022 | CN¥366.7b | CN¥146.9b | CN¥6.9b | 25.5x | 53x | 2.5x |
| Fri, 02 Sep 2022 | CN¥400.9b | CN¥139.3b | CN¥10.3b | 26.2x | 39x | 2.9x |
| Sun, 31 Jul 2022 | CN¥421.7b | CN¥155.7b | CN¥6.1b | 30.6x | 69.3x | 2.7x |
| Tue, 28 Jun 2022 | CN¥376.3b | CN¥153.9b | CN¥5.9b | 29.8x | 63.9x | 2.4x |
| Thu, 26 May 2022 | CN¥360.5b | CN¥153.3b | CN¥3.8b | 27.6x | 94.4x | 2.4x |
| Sat, 23 Apr 2022 | CN¥352.3b | CN¥161.2b | CN¥8.1b | 22.3x | 43.3x | 2.2x |
| Mon, 21 Mar 2022 | CN¥393.6b | CN¥160.6b | CN¥8.5b | 27.2x | 46.6x | 2.4x |
| Wed, 16 Feb 2022 | CN¥418.9b | CN¥160.2b | CN¥8.6b | 25.8x | 48.6x | 2.6x |
| Fri, 14 Jan 2022 | CN¥443.1b | CN¥159.7b | CN¥8.6b | 26.6x | 51.7x | 2.8x |
| Sun, 12 Dec 2021 | CN¥416.8b | CN¥158.1b | CN¥8.4b | 25.4x | 49.9x | 2.6x |
| Tue, 09 Nov 2021 | CN¥385.0b | CN¥156.3b | CN¥8.2b | 23.3x | 47x | 2.5x |
| Thu, 07 Oct 2021 | CN¥413.8b | CN¥153.7b | CN¥9.3b | 22x | 44.3x | 2.7x |
| Sat, 04 Sep 2021 | CN¥397.2b | CN¥152.5b | CN¥9.2b | 22.2x | 43.3x | 2.6x |
| Mon, 02 Aug 2021 | CN¥359.5b | CN¥150.4b | CN¥8.8b | 19.5x | 41x | 2.4x |
Price to Earnings Ratio
41x
Current Industry PE
- Investors are pessimistic on the Chinese Environmental and Facilities Services 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 32.7x which is lower than its 3-year average PE of 180x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have grown 2.8% per year over the last three years.
- Revenues for these companies have grown 4.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Environmental and Facilities Services compare with similar industries?
| CN Market | -3.39% | |
| Industrials | -1.25% | |
| Commercial Services | -1.97% | |
| Environmental and Facilities Services | -1.21% | |
| Security and Alarm Services | 1.16% | |
| Diversified Support Services | -1.14% | |
| Commercial Printing | -2.69% | |
| Office Services and Supplies | -6.98% | |
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 | |
|---|---|---|---|---|---|
| 003035 China Southern Power Grid Energy Efficiency & Clean Energy | CN¥4.24 | 1.7% +CN¥265.2m | -35.0% | PE50.4x | |
| 301049 Anhui Chaoyue Environmental Protection Technology | CN¥21.54 | 14.6% +CN¥258.3m | -13.9% | PS7.5x | |
| 300815 EIT Environmental Development GroupLtd | CN¥12.05 | 5.2% +CN¥239.2m | -20.9% | PE9.1x | |
| 002973 QiaoYin City Management | CN¥9.52 | 6.4% +CN¥232.9m | -25.6% | PE12.7x | |
| 605081 Shanghai Taihe Water Technology DevelopmentLtd | CN¥14.86 | 15.2% +CN¥222.0m | 4.7% | PS9.6x |
