What Zhongyan Technology Co., Ltd.'s (SZSE:003001) 28% Share Price Gain Is Not Telling You
Jun 25
Chinese (SSE) Construction Industry Analysis
UpdatedJun 26, 2024
DataAggregated Company Financials
Companies106
- 7D-3.0%
- 3M-2.0%
- 1Y-20.6%
- YTD-3.3%
In the last week, the Construction industry is down 3.0% with Sichuan Road & Bridge GroupLtd down the most at 3.5%. Meanwhile, JSTI Group actually outperformed within the industry, gaining 9.6% in the last week. Overall the industry is down 21% in 12 months. Earnings are forecast to grow by 13% annually.
Industry Valuation and Performance
Has the Chinese Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 26 Jun 2024 | CN¥1.2t | CN¥7.3t | CN¥162.2b | 19.6x | 7.7x | 0.2x |
| Fri, 24 May 2024 | CN¥1.3t | CN¥7.3t | CN¥162.3b | 23.2x | 8.2x | 0.2x |
| Sun, 21 Apr 2024 | CN¥1.3t | CN¥7.3t | CN¥157.7b | 20.8x | 8x | 0.2x |
| Tue, 19 Mar 2024 | CN¥1.3t | CN¥7.0t | CN¥151.0b | 21.3x | 8.5x | 0.2x |
| Thu, 15 Feb 2024 | CN¥1.2t | CN¥7.0t | CN¥150.7b | 18.1x | 7.9x | 0.2x |
| Sat, 13 Jan 2024 | CN¥1.2t | CN¥7.0t | CN¥150.5b | 22.7x | 8.2x | 0.2x |
| Mon, 11 Dec 2023 | CN¥1.2t | CN¥6.9t | CN¥150.6b | 24.2x | 8.1x | 0.2x |
| Wed, 08 Nov 2023 | CN¥1.3t | CN¥6.9t | CN¥150.8b | 25.5x | 8.6x | 0.2x |
| Fri, 06 Oct 2023 | CN¥1.4t | CN¥6.9t | CN¥156.2b | 22.1x | 9x | 0.2x |
| Sun, 03 Sep 2023 | CN¥1.4t | CN¥6.9t | CN¥157.0b | 23.2x | 9.1x | 0.2x |
| Tue, 01 Aug 2023 | CN¥1.6t | CN¥6.8t | CN¥155.5b | 21.4x | 10.1x | 0.2x |
| Thu, 29 Jun 2023 | CN¥1.5t | CN¥6.8t | CN¥153.7b | 20.5x | 9.7x | 0.2x |
| Sat, 27 May 2023 | CN¥1.5t | CN¥6.8t | CN¥153.7b | 20.8x | 9.8x | 0.2x |
| Mon, 24 Apr 2023 | CN¥1.6t | CN¥6.5t | CN¥148.8b | 24.4x | 11x | 0.3x |
| Wed, 22 Mar 2023 | CN¥1.6t | CN¥6.5t | CN¥146.5b | 25.3x | 10.6x | 0.2x |
| Fri, 17 Feb 2023 | CN¥1.4t | CN¥6.5t | CN¥145.2b | 24.3x | 9.7x | 0.2x |
| Sun, 15 Jan 2023 | CN¥1.3t | CN¥6.5t | CN¥145.0b | 22.9x | 9.1x | 0.2x |
| Tue, 13 Dec 2022 | CN¥1.4t | CN¥6.5t | CN¥145.1b | 23.9x | 9.5x | 0.2x |
| Thu, 10 Nov 2022 | CN¥1.3t | CN¥6.5t | CN¥145.1b | 23.7x | 8.9x | 0.2x |
| Sat, 08 Oct 2022 | CN¥1.2t | CN¥6.4t | CN¥142.2b | 21x | 8.7x | 0.2x |
| Mon, 05 Sep 2022 | CN¥1.3t | CN¥6.3t | CN¥136.8b | 23.3x | 9.8x | 0.2x |
| Wed, 03 Aug 2022 | CN¥1.3t | CN¥6.3t | CN¥136.6b | 22.2x | 9.4x | 0.2x |
| Fri, 01 Jul 2022 | CN¥1.4t | CN¥6.3t | CN¥136.5b | 24.5x | 10.2x | 0.2x |
| Sun, 29 May 2022 | CN¥1.4t | CN¥6.3t | CN¥136.5b | 23.8x | 10.4x | 0.2x |
| Tue, 26 Apr 2022 | CN¥1.3t | CN¥6.1t | CN¥148.1b | 18x | 8.5x | 0.2x |
| Thu, 24 Mar 2022 | CN¥1.4t | CN¥6.1t | CN¥151.0b | 23.7x | 9.3x | 0.2x |
| Sat, 19 Feb 2022 | CN¥1.5t | CN¥6.0t | CN¥153.5b | 23.6x | 9.8x | 0.2x |
| Mon, 17 Jan 2022 | CN¥1.4t | CN¥6.0t | CN¥153.5b | 21x | 8.9x | 0.2x |
| Wed, 15 Dec 2021 | CN¥1.3t | CN¥6.0t | CN¥153.5b | 21x | 8.7x | 0.2x |
| Fri, 12 Nov 2021 | CN¥1.3t | CN¥6.0t | CN¥153.3b | 19x | 8.2x | 0.2x |
| Sun, 10 Oct 2021 | CN¥1.3t | CN¥6.1t | CN¥152.4b | 18.2x | 8.8x | 0.2x |
| Tue, 07 Sep 2021 | CN¥1.4t | CN¥6.1t | CN¥152.3b | 18.6x | 9.2x | 0.2x |
| Thu, 05 Aug 2021 | CN¥1.2t | CN¥6.1t | CN¥153.1b | 16.5x | 7.7x | 0.2x |
Price to Earnings Ratio
7.5x
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 7.7x 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 grown 2.0% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 Industrials industry?
| CN Market | -4.73% | |
| Industrials | -5.16% | |
| Construction | -3.02% | |
| Construction and Engineering | -3.02% | |
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 | |
|---|---|---|---|---|---|
| 3001 Zhongyan Technology | CN¥18.21 | 16.2% +CN¥316.5m | 14.2% | PE69.5x | |
| 605178 Beijing New Space Technology | CN¥15.07 | 16.3% +CN¥209.4m | -31.8% | PS6.7x | |
| 600326 Tibet Tianlu | CN¥4.49 | 3.7% +CN¥205.8m | -14.7% | PS1.5x | |
| 600491 Long Yuan Construction Group | CN¥2.80 | 3.3% +CN¥137.7m | -45.7% | PS0.5x | |
| 2887 Tianjin LVYIN Landscape and Ecology Construction | CN¥7.05 | 5.7% +CN¥116.3m | -19.5% | PE18.3x |
