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Chinese (SSE) Infrastructure Industry Analysis
UpdatedSep 01, 2024
DataAggregated Company Financials
Companies40
- 7D-4.3%
- 3M-1.5%
- 1Y3.7%
- YTD5.9%
Over the last 7 days, the Infrastructure industry has dropped 4.3%, driven by a pullback from Shanghai International Port (Group) of 6.8%. This takes the industry's 12 month performance to a gain of 3.7%. Looking forward, earnings are forecast to grow by 9.2% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 02 Sep 2024 | CN¥773.7b | CN¥355.7b | CN¥55.5b | 14.2x | 14x | 2.2x |
| Wed, 31 Jul 2024 | CN¥802.7b | CN¥350.8b | CN¥54.1b | 14.7x | 14.8x | 2.3x |
| Fri, 28 Jun 2024 | CN¥756.6b | CN¥350.8b | CN¥54.1b | 14.1x | 14x | 2.2x |
| Sun, 26 May 2024 | CN¥787.4b | CN¥350.8b | CN¥54.1b | 14.2x | 14.6x | 2.2x |
| Tue, 23 Apr 2024 | CN¥801.4b | CN¥345.5b | CN¥52.0b | 14.5x | 15.4x | 2.3x |
| Thu, 21 Mar 2024 | CN¥753.9b | CN¥335.2b | CN¥46.2b | 15.7x | 16.3x | 2.2x |
| Sat, 17 Feb 2024 | CN¥728.8b | CN¥334.9b | CN¥46.1b | 14.3x | 15.8x | 2.2x |
| Mon, 15 Jan 2024 | CN¥728.7b | CN¥331.4b | CN¥46.5b | 15.4x | 15.7x | 2.2x |
| Wed, 13 Dec 2023 | CN¥733.9b | CN¥338.7b | CN¥46.9b | 15.9x | 15.6x | 2.2x |
| Fri, 10 Nov 2023 | CN¥715.8b | CN¥338.4b | CN¥46.8b | 16.8x | 15.3x | 2.1x |
| Sun, 08 Oct 2023 | CN¥734.2b | CN¥334.5b | CN¥43.5b | 19.3x | 16.9x | 2.2x |
| Tue, 05 Sep 2023 | CN¥740.0b | CN¥335.3b | CN¥43.3b | 19.4x | 17.1x | 2.2x |
| Thu, 03 Aug 2023 | CN¥777.7b | CN¥336.6b | CN¥42.4b | 19.2x | 18.3x | 2.3x |
| Sat, 01 Jul 2023 | CN¥755.0b | CN¥332.7b | CN¥41.8b | 18x | 18.1x | 2.3x |
| Mon, 29 May 2023 | CN¥762.5b | CN¥333.4b | CN¥41.9b | 18.3x | 18.2x | 2.3x |
| Wed, 26 Apr 2023 | CN¥781.9b | CN¥284.4b | CN¥42.9b | 17.9x | 18.2x | 2.7x |
| Fri, 24 Mar 2023 | CN¥770.1b | CN¥276.0b | CN¥43.6b | 18.1x | 17.7x | 2.8x |
| Sun, 19 Feb 2023 | CN¥755.4b | CN¥275.9b | CN¥43.6b | 18.4x | 17.3x | 2.7x |
| Tue, 17 Jan 2023 | CN¥757.8b | CN¥276.8b | CN¥44.3b | 18x | 17.1x | 2.7x |
| Thu, 15 Dec 2022 | CN¥769.4b | CN¥263.4b | CN¥44.3b | 16.2x | 17.4x | 2.9x |
| Sat, 12 Nov 2022 | CN¥738.0b | CN¥262.9b | CN¥44.1b | 15.9x | 16.7x | 2.8x |
| Mon, 10 Oct 2022 | CN¥725.2b | CN¥265.8b | CN¥43.8b | 15.9x | 16.5x | 2.7x |
| Wed, 07 Sep 2022 | CN¥727.7b | CN¥275.1b | CN¥47.5b | 16.5x | 15.3x | 2.6x |
| Fri, 05 Aug 2022 | CN¥676.1b | CN¥282.6b | CN¥47.9b | 13.3x | 14.1x | 2.4x |
| Sun, 03 Jul 2022 | CN¥698.4b | CN¥282.8b | CN¥47.9b | 13.8x | 14.6x | 2.5x |
| Tue, 31 May 2022 | CN¥702.9b | CN¥282.8b | CN¥47.9b | 14.2x | 14.7x | 2.5x |
| Thu, 28 Apr 2022 | CN¥664.5b | CN¥282.1b | CN¥46.2b | 12x | 14.4x | 2.4x |
| Sat, 26 Mar 2022 | CN¥670.0b | CN¥275.2b | CN¥46.4b | 13.5x | 14.4x | 2.4x |
| Mon, 21 Feb 2022 | CN¥732.3b | CN¥273.8b | CN¥46.1b | 15.1x | 15.9x | 2.7x |
| Wed, 19 Jan 2022 | CN¥697.5b | CN¥273.6b | CN¥45.3b | 14.5x | 15.4x | 2.5x |
| Fri, 17 Dec 2021 | CN¥670.1b | CN¥273.6b | CN¥45.3b | 15.3x | 14.8x | 2.4x |
| Sun, 14 Nov 2021 | CN¥635.3b | CN¥272.3b | CN¥44.8b | 13.6x | 14.2x | 2.3x |
| Tue, 12 Oct 2021 | CN¥692.3b | CN¥264.7b | CN¥45.5b | 14.9x | 15.2x | 2.6x |
| Thu, 09 Sep 2021 | CN¥698.7b | CN¥264.2b | CN¥45.4b | 15.4x | 15.4x | 2.6x |
Price to Earnings Ratio
15.4x
Current Industry PE
- Investors are pessimistic on the Chinese Infrastructure 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 14.0x which is lower than its 3-year average PE of 15.9x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 6.9% per year over the last three years.
- Revenues for these companies have grown 10% 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 | 1.47% | |
| Industrials | 1.28% | |
| Infrastructure | -4.28% | |
| Airport Services | 0.87% | |
| Highways and Railtracks | -5.27% | |
| Marine Ports and Services | -5.27% | |
Industry PE
- Investors are most optimistic about the Airport Services industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 29.4%, which is lower than the prior year's growth of 135.9% per year.
- Investors are most pessimistic about the Marine Ports and Services industry, which is trading close to its 3-year average of 11.9x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 136% per year.
- In contrast, the Marine Ports and Services industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| 600004 Guangzhou Baiyun International Airport | CN¥9.13 | 3.2% +CN¥662.7m | -23.3% | PE29.9x | |
| 600106 Chongqing road & bridgeltd | CN¥3.82 | 7.0% +CN¥332.3m | -19.6% | PE28.7x | |
| 600009 Shanghai International Airport | CN¥33.13 | 0.2% +CN¥199.1m | -16.1% | PE51x | |
| 600190 Jinzhou Port | CN¥1.47 | 5.8% +CN¥160.2m | -54.3% | PE37.5x | |
| 002023 Sichuan Haite High-techLtd | CN¥8.63 | 2.3% +CN¥140.8m | -3.6% | PE97.9x |
