Chinese (SSE) Infrastructure Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 29 Jan 2023	CN¥763.3b	CN¥276.6b	CN¥43.9b	19x	17.4x	2.8x
Tue, 27 Dec 2022	CN¥739.4b	CN¥275.6b	CN¥45.2b	18.5x	16.3x	2.7x
Thu, 24 Nov 2022	CN¥724.3b	CN¥263.0b	CN¥44.2b	16x	16.4x	2.8x
Sat, 22 Oct 2022	CN¥735.4b	CN¥265.0b	CN¥43.7b	15.9x	16.8x	2.8x
Mon, 19 Sep 2022	CN¥710.5b	CN¥266.2b	CN¥43.9b	15.7x	16.2x	2.7x
Wed, 17 Aug 2022	CN¥688.8b	CN¥284.1b	CN¥47.7b	13.4x	14.4x	2.4x
Fri, 15 Jul 2022	CN¥696.9b	CN¥282.8b	CN¥47.9b	14x	14.5x	2.5x
Sun, 12 Jun 2022	CN¥702.9b	CN¥282.8b	CN¥47.0b	14.4x	15x	2.5x
Tue, 10 May 2022	CN¥668.4b	CN¥283.1b	CN¥48.1b	13.3x	13.9x	2.4x
Thu, 07 Apr 2022	CN¥721.1b	CN¥279.4b	CN¥46.3b	13.8x	15.6x	2.6x
Sat, 05 Mar 2022	CN¥737.5b	CN¥274.0b	CN¥46.2b	15.1x	16x	2.7x
Mon, 31 Jan 2022	CN¥684.0b	CN¥273.6b	CN¥46.1b	13.9x	14.8x	2.5x
Wed, 29 Dec 2021	CN¥671.9b	CN¥273.6b	CN¥45.3b	14.7x	14.8x	2.5x
Fri, 26 Nov 2021	CN¥638.7b	CN¥272.3b	CN¥44.8b	15x	14.3x	2.3x
Sun, 24 Oct 2021	CN¥665.4b	CN¥264.9b	CN¥45.4b	13.8x	14.7x	2.5x
Tue, 21 Sep 2021	CN¥671.4b	CN¥264.7b	CN¥45.5b	14.9x	14.8x	2.5x
Thu, 19 Aug 2021	CN¥613.6b	CN¥264.6b	CN¥45.5b	13.8x	13.5x	2.3x
Thu, 03 Jun 2021	CN¥645.4b	CN¥246.2b	CN¥37.7b	14.8x	17.1x	2.6x
Sun, 07 Mar 2021	CN¥666.0b	CN¥227.4b	CN¥29.1b	18.5x	22.9x	2.9x
Wed, 09 Dec 2020	CN¥727.8b	CN¥226.5b	CN¥30.6b	23.8x	23.8x	3.2x
Tue, 01 Sep 2020	CN¥705.9b	CN¥227.4b	CN¥30.0b	24.4x	23.5x	3.1x
Fri, 05 Jun 2020	CN¥631.8b	CN¥237.9b	CN¥36.2b	20.7x	17.5x	2.7x
Mon, 09 Mar 2020	CN¥633.0b	CN¥251.2b	CN¥46.8b	13.4x	13.5x	2.5x

Price to Earnings Ratio

14.7x

Wed, 05 Feb 2020

Current Industry PE

Investors are relatively neutral on the Chinese Infrastructure industry at the moment, indicating that they anticipate long term growth rates to remain steady.

Past Earnings Growth

The earnings for companies in the Infrastructure industry have declined 2.2% per year over the last three years.
Meanwhile revenues for these companies have grown 3.3% 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, which has decreased profits.

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

Industry PE

Investors are most optimistic about the Highways and Railtracks industry, which is trading close to its 3-year average PE ratio of 12.6x.

Analysts are expecting annual earnings growth of 11.7%, which is higher than its past year's earnings decline of 15.8% per year.

Forecasted Growth

Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 115% over the next 5 years.
This is better than its past earnings decline of 94% per year.

In contrast, the Marine Ports and Services industry is expected to see its earnings decline by 6.4% per year over the next few years.