Chinese (SSE) Machinery Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies439
- 7D1.0%
- 3M0.1%
- 1Y-15.4%
- YTD-14.3%
The Machinery industry is up 1.0% in the last week, with CNPC Capital up 28%. In the same time, China CSSC Holdings was down 8.9%. In the past year, the industry is down 15%. Earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the Chinese Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | CN¥3.9t | CN¥2.0t | CN¥94.2b | 35.2x | 41.8x | 2x |
| Tue, 01 Nov 2022 | CN¥3.7t | CN¥1.9t | CN¥93.8b | 34.6x | 39.7x | 1.9x |
| Thu, 29 Sep 2022 | CN¥3.6t | CN¥1.9t | CN¥97.1b | 32.8x | 37.5x | 1.9x |
| Sat, 27 Aug 2022 | CN¥4.0t | CN¥2.0t | CN¥108.1b | 36.9x | 36.6x | 1.9x |
| Mon, 25 Jul 2022 | CN¥4.0t | CN¥2.0t | CN¥103.8b | 35.7x | 38.2x | 2x |
| Wed, 22 Jun 2022 | CN¥3.7t | CN¥2.0t | CN¥103.2b | 32.7x | 35.5x | 1.9x |
| Fri, 20 May 2022 | CN¥3.2t | CN¥1.9t | CN¥102.1b | 30.5x | 31.6x | 1.7x |
| Sun, 17 Apr 2022 | CN¥3.2t | CN¥1.9t | CN¥109.9b | 28.9x | 29.4x | 1.7x |
| Tue, 15 Mar 2022 | CN¥3.5t | CN¥1.9t | CN¥120.3b | 32x | 29x | 1.8x |
| Thu, 10 Feb 2022 | CN¥3.8t | CN¥1.9t | CN¥118.7b | 37.3x | 32.4x | 2x |
| Sat, 08 Jan 2022 | CN¥4.1t | CN¥1.9t | CN¥117.0b | 40.6x | 34.8x | 2.1x |
| Mon, 06 Dec 2021 | CN¥4.2t | CN¥1.9t | CN¥116.0b | 40.6x | 35.9x | 2.2x |
| Wed, 03 Nov 2021 | CN¥3.9t | CN¥1.9t | CN¥119.5b | 44.9x | 32.8x | 2.1x |
| Fri, 01 Oct 2021 | CN¥3.9t | CN¥1.9t | CN¥119.7b | 36x | 32.5x | 2.1x |
| Sun, 29 Aug 2021 | CN¥4.1t | CN¥1.9t | CN¥119.1b | 38.8x | 34.7x | 2.2x |
| Mon, 05 Jul 2021 | CN¥3.6t | CN¥1.9t | CN¥117.5b | 34.2x | 30.5x | 1.9x |
| Thu, 08 Apr 2021 | CN¥3.4t | CN¥1.8t | CN¥114.3b | 32.4x | 29.9x | 1.9x |
| Sun, 10 Jan 2021 | CN¥3.4t | CN¥1.6t | CN¥94.1b | 39.7x | 35.8x | 2.1x |
| Sat, 03 Oct 2020 | CN¥3.1t | CN¥1.5t | CN¥84.8b | 41.4x | 36.1x | 2x |
| Tue, 07 Jul 2020 | CN¥2.7t | CN¥1.5t | CN¥75.0b | 42.1x | 35.4x | 1.8x |
| Fri, 10 Apr 2020 | CN¥2.3t | CN¥1.4t | CN¥60.1b | 38x | 38x | 1.7x |
| Thu, 02 Jan 2020 | CN¥2.4t | CN¥1.4t | CN¥69.3b | 35.7x | 34.4x | 1.7x |
Price to Earnings Ratio
34.4x
Current Industry PE
- Investors are optimistic on the Chinese Machinery industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 41.8x which is higher than its 3-year average PE of 35.2x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 9.7% per year over the last three years.
- Revenues for these companies have grown 12% 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 | 2.50% | |
| Industrials | 1.90% | |
| Machinery | 1.01% | |
| Industrial Machinery | 1.05% | |
| Construction Machinery and Vehicles | 0.94% | |
| Agricultural Machinery | 0.69% | |
Industry PE
- Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 21.2x.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 15% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 34% 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 | |
|---|---|---|---|---|---|
| 617 CNPC Capital | CN¥7.37 | 28.2% +CN¥20.5b | 47.4% | PE17.6x | |
| 300124 Shenzhen Inovance TechnologyLtd | CN¥70.61 | 3.2% +CN¥5.8b | 7.2% | PE45x | |
| 2747 Estun Automation | CN¥24.04 | 11.8% +CN¥2.2b | -9.5% | PE133.9x | |
| 688308 OKE Precision Cutting Tools | CN¥75.53 | 9.5% +CN¥1.6b | 12.1% | PE35.4x | |
| 666 Jingwei Textile Machinery | CN¥10.34 | 22.2% +CN¥1.3b | 23.4% | PE12x |