Chinese (SSE) Infrastructure Industry Analysis
- 7D-2.4%
- 3M0.6%
- 1Y-0.9%
- YTD-0.5%
Over the last 7 days, the Infrastructure industry has dropped 2.4%, driven by pullbacks in Shanghai International Port (Group) and Ningbo Zhoushan Port of 1.3% and 2.6%, respectively. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Chinese Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 19 Jan 2022 | CN„689.3b | CN„273.6b | CN„45.3b | 14.5x |
| Fri, 17 Dec 2021 | CN„670.1b | CN„273.6b | CN„45.3b | 15.3x |
| Sun, 14 Nov 2021 | CN„635.3b | CN„272.3b | CN„44.8b | 13.6x |
| Tue, 12 Oct 2021 | CN„692.3b | CN„264.7b | CN„45.5b | 14.9x |
| Thu, 09 Sep 2021 | CN„698.7b | CN„264.2b | CN„45.4b | 15.4x |
| Sat, 07 Aug 2021 | CN„601.4b | CN„264.6b | CN„45.5b | 13.7x |
| Fri, 30 Apr 2021 | CN„645.1b | CN„246.2b | CN„37.7b | 14.4x |
| Mon, 01 Feb 2021 | CN„671.4b | CN„227.4b | CN„29.1b | 17.6x |
| Thu, 05 Nov 2020 | CN„650.6b | CN„226.5b | CN„30.6b | 22x |
| Sun, 09 Aug 2020 | CN„688.2b | CN„227.4b | CN„30.0b | 24.4x |
| Sat, 02 May 2020 | CN„640.8b | CN„237.9b | CN„36.2b | 20.8x |
| Tue, 04 Feb 2020 | CN„688.8b | CN„251.2b | CN„46.8b | 14.4x |
| Fri, 08 Nov 2019 | CN„724.9b | CN„244.9b | CN„47.5b | 15.7x |
| Thu, 01 Aug 2019 | CN„792.8b | CN„241.4b | CN„46.9b | 17.6x |
| Sun, 05 May 2019 | CN„819.8b | CN„234.1b | CN„44.6b | 23.1x |
| Wed, 06 Feb 2019 | CN„622.0b | CN„228.8b | CN„41.9b | 17.4x |
17.4x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Infrastructure industry have grown 2.7% per year over the last three years, and 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 Infrastructure industry?
| Highways and Railtracks | -1.45% | |
| Airport Services | -2.23% | |
| Marine Ports and Services | -2.97% | |
Industry PE: Investors are most optimistic about the Airport Services industry even though it's trading below its 3-year average PE ratio of 85.3x. This is likely because analysts are expecting annual earnings growth of 114%, which is higher than its past year's earnings growth of 95% per year. Meanwhile, investors are most pessimistic about the Highways and Railtracks industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth: Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 114% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Marine Ports and Services industry is expected to see its earnings grow by 2.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1965 China Merchants Expressway Network & Technology Holdings | CN„8.15 | 4.0% +CN„1.9b | 14.1% | PE10.1x | |
| 600106 Chongqing road & bridgeltd | CN„4.77 | 1.3% +CN„79.7m | 79.3% | PE24.8x | |
| 89 Shenzhen Airport | CN„7.43 | 0.4% +CN„61.5m | -6.5% | PE149.9x |