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Chinese (SSE) Machinery Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies483
- 7D-2.6%
- 3M29.2%
- 1Y7.4%
- YTD7.4%
Over the last 7 days, the Machinery industry has dropped 2.6%, driven by China CSSC Holdings declining 6.6%. On the other hand Guangdong Topstar Technology is actually up 43%. In the past year, the industry has gained 7.4%. Earnings are forecast to grow by 32% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | CN¥4.3t | CN¥2.3t | CN¥107.3b | 35.9x | 40.1x | 1.9x |
| Sat, 19 Oct 2024 | CN¥4.0t | CN¥2.3t | CN¥108.9b | 31.5x | 36.5x | 1.7x |
| Mon, 16 Sep 2024 | CN¥3.2t | CN¥2.3t | CN¥108.6b | 25.4x | 29.7x | 1.4x |
| Wed, 14 Aug 2024 | CN¥3.4t | CN¥2.3t | CN¥111.7b | 27.2x | 30.5x | 1.5x |
| Fri, 12 Jul 2024 | CN¥3.5t | CN¥2.3t | CN¥110.9b | 26.9x | 31.8x | 1.6x |
| Sun, 09 Jun 2024 | CN¥3.7t | CN¥2.3t | CN¥110.1b | 27.7x | 33.3x | 1.6x |
| Tue, 07 May 2024 | CN¥3.9t | CN¥2.2t | CN¥106.8b | 31.4x | 36.6x | 1.8x |
| Thu, 04 Apr 2024 | CN¥3.8t | CN¥2.2t | CN¥103.9b | 31x | 36.8x | 1.8x |
| Sat, 02 Mar 2024 | CN¥3.8t | CN¥2.2t | CN¥104.6b | 29x | 36.2x | 1.7x |
| Mon, 29 Jan 2024 | CN¥3.6t | CN¥2.2t | CN¥106.6b | 29.3x | 33.7x | 1.6x |
| Wed, 27 Dec 2023 | CN¥3.7t | CN¥2.2t | CN¥109.6b | 31x | 34x | 1.7x |
| Fri, 24 Nov 2023 | CN¥3.9t | CN¥2.2t | CN¥109.7b | 33.9x | 36x | 1.8x |
| Sun, 22 Oct 2023 | CN¥3.7t | CN¥2.1t | CN¥104.1b | 31.3x | 35.8x | 1.8x |
| Tue, 19 Sep 2023 | CN¥4.0t | CN¥2.1t | CN¥102.6b | 34x | 38.5x | 1.9x |
| Thu, 17 Aug 2023 | CN¥4.0t | CN¥2.1t | CN¥104.2b | 34.4x | 38.7x | 1.9x |
| Sat, 15 Jul 2023 | CN¥4.4t | CN¥2.1t | CN¥103.3b | 37.9x | 42.3x | 2.1x |
| Mon, 12 Jun 2023 | CN¥4.0t | CN¥2.1t | CN¥102.5b | 35x | 39.3x | 2x |
| Wed, 10 May 2023 | CN¥4.0t | CN¥2.1t | CN¥102.3b | 33.1x | 39.1x | 1.9x |
| Fri, 07 Apr 2023 | CN¥4.1t | CN¥2.0t | CN¥102.2b | 35x | 40.5x | 2.1x |
| Sun, 05 Mar 2023 | CN¥4.2t | CN¥2.0t | CN¥96.8b | 36.7x | 43.7x | 2.2x |
| Tue, 31 Jan 2023 | CN¥4.0t | CN¥2.0t | CN¥95.0b | 35.5x | 42.5x | 2.1x |
| Thu, 29 Dec 2022 | CN¥3.7t | CN¥2.0t | CN¥94.6b | 32.6x | 39.1x | 1.9x |
| Sat, 26 Nov 2022 | CN¥3.9t | CN¥1.9t | CN¥94.4b | 34.5x | 41.1x | 2x |
| Mon, 24 Oct 2022 | CN¥3.8t | CN¥1.9t | CN¥98.3b | 35.2x | 38.5x | 2x |
| Wed, 21 Sep 2022 | CN¥3.8t | CN¥1.9t | CN¥97.0b | 34.9x | 39.1x | 2x |
| Fri, 19 Aug 2022 | CN¥4.3t | CN¥2.0t | CN¥106.3b | 39.3x | 40.2x | 2.1x |
| Sun, 17 Jul 2022 | CN¥3.8t | CN¥2.0t | CN¥103.8b | 33.4x | 36.8x | 2x |
| Tue, 14 Jun 2022 | CN¥3.6t | CN¥2.0t | CN¥103.2b | 32.3x | 34.5x | 1.8x |
| Thu, 12 May 2022 | CN¥3.1t | CN¥1.9t | CN¥102.1b | 29.1x | 30.6x | 1.6x |
| Sat, 09 Apr 2022 | CN¥3.4t | CN¥1.9t | CN¥110.6b | 30.5x | 30.6x | 1.8x |
| Mon, 07 Mar 2022 | CN¥3.8t | CN¥1.9t | CN¥119.9b | 35.1x | 31.6x | 2x |
| Wed, 02 Feb 2022 | CN¥3.7t | CN¥1.9t | CN¥117.5b | 36.1x | 31.1x | 1.9x |
| Fri, 31 Dec 2021 | CN¥4.1t | CN¥1.9t | CN¥116.5b | 39.9x | 35.5x | 2.2x |
| Sun, 28 Nov 2021 | CN¥4.2t | CN¥1.9t | CN¥119.6b | 40.7x | 34.9x | 2.2x |
Price to Earnings Ratio
34.9x
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 40.1x which is higher than its 3-year average PE of 36.4x.
- 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 declined 3.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.3% 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.
Industry Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -3.39% | |
| Industrials | -2.83% | |
| Machinery | -2.58% | |
| Industrial Machinery | -2.12% | |
| Construction Machinery and Vehicles | -3.46% | |
| Agricultural Machinery | -3.84% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 42.4x.
- Analysts are expecting annual earnings growth of 32.9%, which is higher than its past year's earnings decline of 1.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 1.9% per year.
- In contrast, the Construction Machinery and Vehicles 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 300607 Guangdong Topstar Technology | CN¥32.08 | 50.3% +CN¥4.8b | 94.4% | PS4x | |
| 300124 Shenzhen Inovance TechnologyLtd | CN¥60.88 | 2.0% +CN¥3.2b | -1.6% | PE34.3x | |
| 300450 Wuxi Lead Intelligent EquipmentLTD | CN¥25.96 | 5.8% +CN¥2.2b | -5.8% | PE679.1x | |
| 002366 RongFa Nuclear Equipment | CN¥5.53 | 22.3% +CN¥2.1b | 5.3% | PE61.7x | |
| 002553 Jiangsu NanFang PrecisionLtd | CN¥17.16 | 38.9% +CN¥1.7b | 28.4% | PE88.6x |
