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Chinese (SSE) Construction Industry Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies107
  • 7D-4.3%
  • 3M-1.2%
  • 1Y-26.9%
  • YTD-2.7%

Over the last 7 days, the Construction industry has dropped 4.3%, and China State Construction Engineering contributed the most with a 3.7% decline. Meanwhile, Zhejiang Construction Investment GroupLtd actually outperformed within the industry, gaining 9.2% in the last week. However, the industry is down 27% over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Chinese Construction Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024CN¥1.2tCN¥7.2tCN¥153.8b19.7x7.9x0.2x
Wed, 13 Mar 2024CN¥1.3tCN¥7.0tCN¥150.8b21.9x8.4x0.2x
Fri, 09 Feb 2024CN¥1.2tCN¥7.0tCN¥150.6b18.1x7.9x0.2x
Sun, 07 Jan 2024CN¥1.3tCN¥7.0tCN¥150.7b23.7x8.3x0.2x
Tue, 05 Dec 2023CN¥1.3tCN¥6.9tCN¥150.6b24.6x8.3x0.2x
Thu, 02 Nov 2023CN¥1.3tCN¥6.7tCN¥151.2b24.6x8.6x0.2x
Sat, 30 Sep 2023CN¥1.4tCN¥6.9tCN¥156.2b22.1x9x0.2x
Mon, 28 Aug 2023CN¥1.4tCN¥6.8tCN¥155.8b20.1x9x0.2x
Wed, 26 Jul 2023CN¥1.5tCN¥6.8tCN¥155.5b21.3x9.8x0.2x
Fri, 23 Jun 2023CN¥1.5tCN¥6.8tCN¥153.6b21.2x9.7x0.2x
Sun, 21 May 2023CN¥1.6tCN¥6.8tCN¥153.6b22x10.2x0.2x
Tue, 18 Apr 2023CN¥1.7tCN¥6.6tCN¥153.7b25.7x10.9x0.3x
Thu, 16 Mar 2023CN¥1.6tCN¥6.5tCN¥146.5b26.9x10.7x0.2x
Sat, 11 Feb 2023CN¥1.4tCN¥6.5tCN¥145.2b24.8x9.7x0.2x
Mon, 09 Jan 2023CN¥1.3tCN¥6.5tCN¥145.0b23.3x9.2x0.2x
Wed, 07 Dec 2022CN¥1.4tCN¥6.5tCN¥145.1b24.4x9.8x0.2x
Fri, 04 Nov 2022CN¥1.3tCN¥6.5tCN¥145.5b23.1x8.6x0.2x
Sun, 02 Oct 2022CN¥1.2tCN¥6.4tCN¥142.2b21x8.7x0.2x
Tue, 30 Aug 2022CN¥1.3tCN¥6.3tCN¥142.6b22.7x9.4x0.2x
Thu, 28 Jul 2022CN¥1.4tCN¥6.3tCN¥136.6b23x10x0.2x
Sat, 25 Jun 2022CN¥1.4tCN¥6.3tCN¥136.4b24.5x10.1x0.2x
Mon, 23 May 2022CN¥1.4tCN¥6.3tCN¥136.5b24.4x10.5x0.2x
Wed, 20 Apr 2022CN¥1.4tCN¥6.1tCN¥149.7b21x9.3x0.2x
Fri, 18 Mar 2022CN¥1.3tCN¥6.1tCN¥152.5b21.7x8.8x0.2x
Sun, 13 Feb 2022CN¥1.5tCN¥6.0tCN¥153.4b22x9.6x0.2x
Tue, 11 Jan 2022CN¥1.4tCN¥6.0tCN¥153.6b21.6x9.4x0.2x
Thu, 09 Dec 2021CN¥1.3tCN¥6.0tCN¥153.3b20.3x8.7x0.2x
Sat, 06 Nov 2021CN¥1.3tCN¥6.2tCN¥156.8b18.3x8.1x0.2x
Mon, 04 Oct 2021CN¥1.3tCN¥6.1tCN¥152.4b17.9x8.8x0.2x
Wed, 01 Sep 2021CN¥1.3tCN¥6.1tCN¥153.1b17.9x8.6x0.2x
Thu, 08 Jul 2021CN¥1.1tCN¥6.1tCN¥152.6b16.8x7.5x0.2x
Price to Earnings Ratio

7.5x


Total Market Cap: CN¥1.1tTotal Earnings: CN¥149.6bTotal Revenue: CN¥5.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Construction Industry Price to Earnings3Y Average 9.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Construction 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 7.9x which is lower than its 3-year average PE of 9.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.21x.
Past Earnings Growth
  • The earnings for companies in the Construction industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.8% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Chinese Industrials industry?

CN Market-2.72%
Industrials-2.40%
Construction-4.33%
Construction and Engineering-4.33%
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?

CompanyLast Price7D1YValuation
2761 Zhejiang Construction Investment GroupLtdCN¥9.469.2%
+CN¥865.1m
-49.5%PE21.8x
2586 Zhejiang Reclaim Construction GroupCN¥2.948.5%
+CN¥263.2m
-23.2%PS1.5x
2564 SuZhou THVOW TechnologyCN¥4.000.5%
+CN¥17.2m
-28.7%PS0.9x
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Latest News

2586

CN¥2.94

Zhejiang Reclaim Construction Group

7D

8.5%

1Y

-23.2%

2564

CN¥4.00

SuZhou THVOW Technology

7D

0.5%

1Y

-28.7%

601068

CN¥4.40

China Aluminum International Engineering

7D

-9.5%

1Y

-18.1%

601186

CN¥8.12

China Railway Construction

7D

-5.5%

1Y

-21.8%

32

CN¥16.32

Shenzhen SED Industry

7D

-9.5%

1Y

-57.3%