Shenzhen Zhongzhuang Construction Group Co.,Ltd's (SZSE:002822) Shares Bounce 25% But Its Business Still Trails The Industry
Sep 16
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Chinese (SSE) Construction Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies105
- 7D12.6%
- 3M-2.5%
- 1Y-15.3%
- YTD-5.1%
Over the last 7 days, the Construction industry has risen 13%, driven by gains from China State Construction Engineering of 18%. In contrast, the industry has lost 15% in the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | CN¥1.2t | CN¥7.2t | CN¥157.9b | 19.4x | 7.7x | 0.2x |
| Sun, 25 Aug 2024 | CN¥1.2t | CN¥7.3t | CN¥163.4b | 17.3x | 7.2x | 0.2x |
| Tue, 23 Jul 2024 | CN¥1.2t | CN¥7.3t | CN¥162.3b | 18.1x | 7.4x | 0.2x |
| Thu, 20 Jun 2024 | CN¥1.3t | CN¥7.3t | CN¥162.2b | 20.8x | 7.9x | 0.2x |
| Sat, 18 May 2024 | CN¥1.4t | CN¥7.3t | CN¥162.5b | 23.4x | 8.3x | 0.2x |
| Mon, 15 Apr 2024 | CN¥1.2t | CN¥7.2t | CN¥153.9b | 19.7x | 7.9x | 0.2x |
| Wed, 13 Mar 2024 | CN¥1.3t | CN¥7.0t | CN¥150.8b | 21.9x | 8.4x | 0.2x |
| Fri, 09 Feb 2024 | CN¥1.2t | CN¥7.0t | CN¥150.6b | 18.1x | 7.9x | 0.2x |
| Sun, 07 Jan 2024 | CN¥1.3t | CN¥7.0t | CN¥150.7b | 23.7x | 8.3x | 0.2x |
| Tue, 05 Dec 2023 | CN¥1.3t | CN¥6.9t | CN¥150.6b | 24.6x | 8.3x | 0.2x |
| Thu, 02 Nov 2023 | CN¥1.3t | CN¥6.7t | CN¥151.2b | 24.6x | 8.6x | 0.2x |
| Sat, 30 Sep 2023 | CN¥1.4t | CN¥6.9t | CN¥156.2b | 22.1x | 9x | 0.2x |
| Mon, 28 Aug 2023 | CN¥1.4t | CN¥6.8t | CN¥155.8b | 20.1x | 9x | 0.2x |
| Wed, 26 Jul 2023 | CN¥1.5t | CN¥6.8t | CN¥155.5b | 21.3x | 9.8x | 0.2x |
| Fri, 23 Jun 2023 | CN¥1.5t | CN¥6.8t | CN¥153.6b | 21.2x | 9.7x | 0.2x |
| Sun, 21 May 2023 | CN¥1.6t | CN¥6.8t | CN¥153.6b | 22x | 10.2x | 0.2x |
| Tue, 18 Apr 2023 | CN¥1.7t | CN¥6.6t | CN¥153.7b | 25.7x | 10.9x | 0.3x |
| Thu, 16 Mar 2023 | CN¥1.6t | CN¥6.5t | CN¥146.5b | 26.9x | 10.7x | 0.2x |
| Sat, 11 Feb 2023 | CN¥1.4t | CN¥6.5t | CN¥145.2b | 24.8x | 9.7x | 0.2x |
| Mon, 09 Jan 2023 | CN¥1.3t | CN¥6.5t | CN¥145.0b | 23.3x | 9.2x | 0.2x |
| Wed, 07 Dec 2022 | CN¥1.4t | CN¥6.5t | CN¥145.1b | 24.4x | 9.8x | 0.2x |
| Fri, 04 Nov 2022 | CN¥1.3t | CN¥6.5t | CN¥145.5b | 23.1x | 8.6x | 0.2x |
| Sun, 02 Oct 2022 | CN¥1.2t | CN¥6.4t | CN¥142.2b | 21x | 8.7x | 0.2x |
| Tue, 30 Aug 2022 | CN¥1.3t | CN¥6.3t | CN¥142.6b | 22.7x | 9.4x | 0.2x |
| Thu, 28 Jul 2022 | CN¥1.4t | CN¥6.3t | CN¥136.6b | 23x | 10x | 0.2x |
| Sat, 25 Jun 2022 | CN¥1.4t | CN¥6.3t | CN¥136.4b | 24.5x | 10.1x | 0.2x |
| Mon, 23 May 2022 | CN¥1.4t | CN¥6.3t | CN¥136.5b | 24.4x | 10.5x | 0.2x |
| Wed, 20 Apr 2022 | CN¥1.4t | CN¥6.1t | CN¥149.7b | 21x | 9.3x | 0.2x |
| Fri, 18 Mar 2022 | CN¥1.3t | CN¥6.1t | CN¥152.5b | 21.7x | 8.8x | 0.2x |
| Sun, 13 Feb 2022 | CN¥1.5t | CN¥6.0t | CN¥153.4b | 22x | 9.6x | 0.2x |
| Tue, 11 Jan 2022 | CN¥1.4t | CN¥6.0t | CN¥153.6b | 21.6x | 9.4x | 0.2x |
| Thu, 09 Dec 2021 | CN¥1.3t | CN¥6.0t | CN¥153.3b | 20.3x | 8.7x | 0.2x |
| Sat, 06 Nov 2021 | CN¥1.3t | CN¥6.2t | CN¥156.8b | 18.3x | 8.1x | 0.2x |
| Mon, 04 Oct 2021 | CN¥1.3t | CN¥6.1t | CN¥152.4b | 17.9x | 8.8x | 0.2x |
Price to Earnings Ratio
8.8x
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 9.0x.
- 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 5.6% 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 | 9.62% | |
| Industrials | 7.64% | |
| Construction | 12.57% | |
| Construction and Engineering | 12.57% | |
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 | |
|---|---|---|---|---|---|
| 601668 China State Construction Engineering | CN¥5.80 | 18.1% +CN¥37.0b | 4.9% | PE4.4x | |
| 601390 China Railway Group | CN¥6.06 | 17.0% +CN¥21.8b | -11.1% | PE5x | |
| 601186 China Railway Construction | CN¥8.20 | 17.8% +CN¥16.8b | -6.1% | PE5.1x | |
| 601669 Power Construction Corporation of China | CN¥5.18 | 15.6% +CN¥12.1b | -3.2% | PE7.1x | |
| 601117 China National Chemical Engineering | CN¥7.67 | 21.6% +CN¥8.3b | -1.4% | PE8.8x |