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Chinese (SSE) Machinery Industry Analysis

UpdatedFeb 21, 2024
DataAggregated Company Financials
Companies480
  • 7D2.2%
  • 3M-13.1%
  • 1Y-21.8%
  • YTD-12.6%

The Machinery industry is up 1.6% in the last week, with China CSSC Holdings up 4.4%. In contrast, the industry has lost 22% in the last 12 months. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 21 Feb 2024CN¥3.4tCN¥2.2tCN¥105.9b25.7x32.5x1.6x
Fri, 19 Jan 2024CN¥3.6tCN¥2.2tCN¥106.5b29.7x34.1x1.7x
Sun, 17 Dec 2023CN¥3.8tCN¥2.2tCN¥109.6b32.1x34.7x1.8x
Tue, 14 Nov 2023CN¥3.9tCN¥2.2tCN¥109.5b33.5x35.3x1.8x
Thu, 12 Oct 2023CN¥3.9tCN¥2.1tCN¥103.6b33.2x38x1.9x
Sat, 09 Sep 2023CN¥4.0tCN¥2.1tCN¥102.9b34.9x38.9x1.9x
Mon, 07 Aug 2023CN¥4.3tCN¥2.1tCN¥104.3b36.3x41.3x2.1x
Wed, 05 Jul 2023CN¥4.4tCN¥2.1tCN¥102.9b38.1x42.8x2.1x
Fri, 02 Jun 2023CN¥4.1tCN¥2.1tCN¥102.3b36.7x40.3x2x
Sun, 30 Apr 2023CN¥4.0tCN¥2.0tCN¥105.7b34x38.1x2x
Tue, 28 Mar 2023CN¥4.1tCN¥2.0tCN¥98.5b36x41.3x2.1x
Thu, 23 Feb 2023CN¥4.2tCN¥2.0tCN¥96.6b36.9x43.5x2.1x
Sat, 21 Jan 2023CN¥4.0tCN¥2.0tCN¥94.9b34.8x41.8x2x
Mon, 19 Dec 2022CN¥3.8tCN¥2.0tCN¥94.7b33.6x40.3x2x
Wed, 16 Nov 2022CN¥4.0tCN¥1.9tCN¥93.5b36.5x42.5x2x
Fri, 14 Oct 2022CN¥3.7tCN¥1.9tCN¥97.8b33.1x37.4x1.9x
Sun, 11 Sep 2022CN¥4.0tCN¥2.0tCN¥98.8b36.8x40.3x2x
Tue, 09 Aug 2022CN¥4.0tCN¥2.0tCN¥105.2b36.6x38.4x2x
Thu, 07 Jul 2022CN¥3.8tCN¥2.0tCN¥103.8b33.2x36.6x1.9x
Sat, 04 Jun 2022CN¥3.5tCN¥2.0tCN¥103.1b32.5x33.7x1.8x
Mon, 02 May 2022CN¥3.0tCN¥1.9tCN¥100.7b27.1x29.8x1.6x
Wed, 30 Mar 2022CN¥3.4tCN¥1.9tCN¥121.3b31.3x28.1x1.8x
Fri, 25 Feb 2022CN¥3.8tCN¥1.9tCN¥119.0b36.8x32.2x2x
Sun, 23 Jan 2022CN¥3.9tCN¥1.9tCN¥117.3b37.6x32.9x2x
Tue, 21 Dec 2021CN¥4.1tCN¥1.9tCN¥116.5b39.9x35.2x2.2x
Thu, 18 Nov 2021CN¥4.1tCN¥1.9tCN¥119.4b40.1x34.4x2.1x
Sat, 16 Oct 2021CN¥3.9tCN¥1.9tCN¥119.6b35.6x32.4x2.1x
Mon, 13 Sep 2021CN¥4.2tCN¥1.9tCN¥119.6b38.8x35x2.2x
Wed, 11 Aug 2021CN¥4.1tCN¥1.9tCN¥119.1b36.9x34.1x2.2x
Sun, 06 Jun 2021CN¥3.5tCN¥1.8tCN¥116.1b33.3x29.9x2x
Wed, 10 Mar 2021CN¥3.4tCN¥1.6tCN¥94.5b37.7x36.5x2.1x
Price to Earnings Ratio

36.5x


Total Market Cap: CN¥3.4tTotal Earnings: CN¥94.5bTotal Revenue: CN¥1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Machinery Industry Price to Earnings3Y Average 35.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Machinery 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 32.3x which is lower than its 3-year average PE of 35.9x.
  • The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 3.9% 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 Market1.80%
Industrials1.69%
Machinery2.24%
Agricultural Machinery7.45%
Industrial Machinery2.39%
Construction Machinery and Vehicles1.96%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 44.0x.
    • Analysts are expecting annual earnings growth of 30.4%, which is higher than its past year's earnings growth of 6.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 5.2% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 30% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600150 China CSSC HoldingsCN¥32.934.9%
+CN¥6.8b
41.6%PE116.1x
601766 CRRCCN¥6.052.7%
+CN¥4.6b
6.5%PE14.7x
300442 Range Intelligent Computing Technology GroupCN¥22.399.2%
+CN¥3.2b
-26.5%PE25.7x
157 Zoomlion Heavy Industry Science and TechnologyCN¥8.043.9%
+CN¥2.5b
17.5%PE22.2x
601989 China Shipbuilding IndustryCN¥4.392.1%
+CN¥2.1b
19.6%PS2.1x
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