Chinese (SSE) Construction Industry Analysis
- 7D-4.5%
- 3M8.6%
- 1Y22.3%
- YTD-1.0%
Over the last 7 days, the Construction industry has dropped 4.5%, and Shenzhen SED Industry contributed the most with a 8.9% decline. This takes the industry's 12 month performance to a gain of 22%.
Industry Valuation and Performance
Has the Chinese Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 26 Jan 2022 | CN„1.4t | CN„6.0t | CN„153.3b | 19.8x |
| Fri, 24 Dec 2021 | CN„1.4t | CN„6.0t | CN„153.5b | 21.7x |
| Sun, 21 Nov 2021 | CN„1.3t | CN„6.0t | CN„153.3b | 19.5x |
| Tue, 19 Oct 2021 | CN„1.3t | CN„6.1t | CN„152.4b | 17.8x |
| Thu, 16 Sep 2021 | CN„1.3t | CN„6.0t | CN„148.9b | 18.7x |
| Sat, 14 Aug 2021 | CN„1.2t | CN„6.1t | CN„153.1b | 16.7x |
| Wed, 09 Jun 2021 | CN„1.2t | CN„5.9t | CN„149.9b | 17.3x |
| Tue, 02 Mar 2021 | CN„1.1t | CN„5.4t | CN„134.4b | 17.6x |
| Fri, 04 Dec 2020 | CN„1.2t | CN„5.1t | CN„126.2b | 21.6x |
| Mon, 07 Sep 2020 | CN„1.2t | CN„4.9t | CN„120.6b | 21.8x |
| Sun, 31 May 2020 | CN„1.1t | CN„4.6t | CN„118.0b | 20.1x |
| Wed, 04 Mar 2020 | CN„1.1t | CN„4.7t | CN„124.3b | 18.6x |
| Sat, 07 Dec 2019 | CN„1.1t | CN„4.4t | CN„122.9b | 16.5x |
| Tue, 10 Sep 2019 | CN„1.1t | CN„4.3t | CN„115.6b | 17.9x |
| Mon, 03 Jun 2019 | CN„1.2t | CN„4.1t | CN„115.5b | 20.2x |
| Thu, 07 Mar 2019 | CN„1.3t | CN„4.0t | CN„112.6b | 22.2x |
18.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 19.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Construction industry have grown 11% per year over the last three years, and revenues for these companies have grown 15% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Chinese Construction industry?
| Construction and Engineering | -4.54% | |
Industry PE: Investors are most optimistic about the Construction and Engineering industry, which is trading close to its 3-year average PE ratio of 19.1x. However analysts expect its future annual earnings growth (16%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today.
Forecasted Growth: Analysts are most optimistic on the Construction and Engineering industry, expecting annual earnings growth of 16% over the next 5 years. This is roughly in line with its past earnings growth rate.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601669 Power Construction Corporation of China | CN„8.89 | 1.8% +CN„2.4b | 129.7% | PE15.9x | |
| 603176 Huitong Construction GroupLtd | CN„10.19 | 31.8% +CN„1.1b | n/a | PE49.4x | |
| 601390 China Railway Group | CN„6.47 | 0.6% +CN„982.8m | 18.5% | PE5.8x | |
| 809 Tieling Newcity Investment Holding (Group) | CN„4.09 | 19.6% +CN„552.6m | 128.5% | PS18.2x | |
| 2717 LingNan Eco&Culture-TourismLtd | CN„4.07 | 8.5% +CN„539.0m | 40.3% | PS1.3x |