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Chinese (SSE) Construction Industry Analysis
UpdatedAug 28, 2024
DataAggregated Company Financials
Companies105
- 7D-1.3%
- 3M-10.9%
- 1Y-21.2%
- YTD-8.7%
Over the last 7 days, the Construction industry has dropped 1.3%, driven by declines in Power Construction Corporation of China and China State Construction Engineering of 6.3% and 2.5%, respectively. Meanwhile, Xinjiang Communications Construction Group actually outperformed within the industry, gaining 17% in the last week. The industry has fallen 21% in the last year. 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, 28 Aug 2024 | CN¥1.2t | CN¥7.3t | CN¥164.3b | 17.6x | 7.1x | 0.2x |
| Fri, 26 Jul 2024 | CN¥1.2t | CN¥7.3t | CN¥162.3b | 17.7x | 7.3x | 0.2x |
| Sun, 23 Jun 2024 | CN¥1.3t | CN¥7.3t | CN¥162.2b | 20.5x | 7.8x | 0.2x |
| Tue, 21 May 2024 | CN¥1.3t | CN¥7.3t | CN¥162.5b | 23.3x | 8.3x | 0.2x |
| Thu, 18 Apr 2024 | CN¥1.3t | CN¥7.2t | CN¥153.9b | 20.2x | 8.2x | 0.2x |
| Sat, 16 Mar 2024 | CN¥1.3t | CN¥7.0t | CN¥150.8b | 21.6x | 8.4x | 0.2x |
| Mon, 12 Feb 2024 | CN¥1.2t | CN¥7.0t | CN¥150.6b | 18.1x | 7.9x | 0.2x |
| Wed, 10 Jan 2024 | CN¥1.2t | CN¥7.0t | CN¥150.5b | 22.4x | 8.1x | 0.2x |
| Fri, 08 Dec 2023 | CN¥1.2t | CN¥6.9t | CN¥150.6b | 24.5x | 8.2x | 0.2x |
| Sun, 05 Nov 2023 | CN¥1.3t | CN¥7.0t | CN¥151.2b | 24.3x | 8.6x | 0.2x |
| Tue, 03 Oct 2023 | CN¥1.4t | CN¥6.9t | CN¥156.2b | 22.1x | 9x | 0.2x |
| Thu, 31 Aug 2023 | CN¥1.4t | CN¥6.8t | CN¥154.2b | 23.1x | 9.2x | 0.2x |
| Sat, 29 Jul 2023 | CN¥1.5t | CN¥6.8t | CN¥155.5b | 21.3x | 9.8x | 0.2x |
| Mon, 26 Jun 2023 | CN¥1.5t | CN¥6.8t | CN¥153.7b | 21.2x | 9.6x | 0.2x |
| Wed, 24 May 2023 | CN¥1.5t | CN¥6.8t | CN¥153.6b | 21.2x | 10x | 0.2x |
| Fri, 21 Apr 2023 | CN¥1.7t | CN¥6.5t | CN¥148.3b | 25.4x | 11.3x | 0.3x |
| Sun, 19 Mar 2023 | CN¥1.6t | CN¥6.5t | CN¥146.5b | 26.7x | 10.8x | 0.2x |
| Tue, 14 Feb 2023 | CN¥1.4t | CN¥6.5t | CN¥145.2b | 25.1x | 9.9x | 0.2x |
| Thu, 12 Jan 2023 | CN¥1.3t | CN¥6.5t | CN¥145.0b | 22.9x | 9.1x | 0.2x |
| Sat, 10 Dec 2022 | CN¥1.4t | CN¥6.5t | CN¥145.1b | 24.1x | 9.7x | 0.2x |
| Mon, 07 Nov 2022 | CN¥1.3t | CN¥6.5t | CN¥145.1b | 23.7x | 8.8x | 0.2x |
| Wed, 05 Oct 2022 | CN¥1.2t | CN¥6.4t | CN¥142.2b | 21x | 8.7x | 0.2x |
| Fri, 02 Sep 2022 | CN¥1.3t | CN¥6.3t | CN¥137.5b | 23.2x | 9.7x | 0.2x |
| Sun, 31 Jul 2022 | CN¥1.4t | CN¥6.3t | CN¥136.6b | 23.3x | 9.9x | 0.2x |
| Tue, 28 Jun 2022 | CN¥1.4t | CN¥6.3t | CN¥136.5b | 24.4x | 10.1x | 0.2x |
| Thu, 26 May 2022 | CN¥1.4t | CN¥6.3t | CN¥136.5b | 23.4x | 10.1x | 0.2x |
| Sat, 23 Apr 2022 | CN¥1.3t | CN¥6.1t | CN¥148.9b | 19.3x | 8.8x | 0.2x |
| Mon, 21 Mar 2022 | CN¥1.4t | CN¥6.1t | CN¥152.5b | 22.2x | 9.1x | 0.2x |
| Wed, 16 Feb 2022 | CN¥1.5t | CN¥6.0t | CN¥153.4b | 22.2x | 9.5x | 0.2x |
| Fri, 14 Jan 2022 | CN¥1.4t | CN¥6.0t | CN¥153.4b | 21.7x | 9.1x | 0.2x |
| Sun, 12 Dec 2021 | CN¥1.3t | CN¥6.0t | CN¥153.3b | 20.7x | 8.7x | 0.2x |
| Tue, 09 Nov 2021 | CN¥1.2t | CN¥6.0t | CN¥153.3b | 18.3x | 8.1x | 0.2x |
| Thu, 07 Oct 2021 | CN¥1.3t | CN¥6.1t | CN¥152.4b | 17.9x | 8.8x | 0.2x |
| Sat, 04 Sep 2021 | CN¥1.3t | CN¥6.1t | CN¥153.1b | 18.1x | 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 7.1x 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 2.4% per year over the last three years.
- Revenues for these companies have grown 6.0% 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 | -1.96% | |
| Industrials | -1.68% | |
| Construction | -1.34% | |
| Construction and Engineering | -1.34% | |
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 | |
|---|---|---|---|---|---|
| 002941 Xinjiang Communications Construction Group | CN¥10.31 | 17.3% +CN¥980.5m | -36.3% | PE21.2x | |
| 603153 Shanghai Research Institute of Building Sciences Group | CN¥17.35 | 10.4% +CN¥672.2m | 2.8% | PE21.8x | |
| 002307 Xinjiang Beixin Road & Bridge Group | CN¥3.20 | 16.4% +CN¥570.7m | -36.8% | PE131.1x | |
| 002761 Zhejiang Construction Investment GroupLtd | CN¥7.56 | 4.3% +CN¥335.2m | -45.6% | PE31.7x | |
| 688248 China Southern Power Grid TechnologyLtd | CN¥25.14 | 2.4% +CN¥327.5m | -20.1% | PE48.5x |
