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Chinese (SSE) Machinery Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies481
  • 7D-5.6%
  • 3M-4.2%
  • 1Y-11.5%
  • YTD-5.8%

Over the last 7 days, the Machinery industry has dropped 5.6%, driven by Jiangsu Hengli HydraulicLtd declining 6.3%. However, the industry is down 11% over the past year. As for the next few years, earnings are expected to grow by 31% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024CN¥3.7tCN¥2.2tCN¥104.9b29.2x35.4x1.7x
Sat, 24 Feb 2024CN¥3.6tCN¥2.2tCN¥105.9b27.3x34x1.7x
Mon, 22 Jan 2024CN¥3.6tCN¥2.2tCN¥106.6b29.4x33.6x1.6x
Wed, 20 Dec 2023CN¥3.8tCN¥2.2tCN¥109.6b32x34.4x1.7x
Fri, 17 Nov 2023CN¥4.0tCN¥2.2tCN¥109.5b33.8x36.2x1.8x
Sun, 15 Oct 2023CN¥3.9tCN¥2.1tCN¥103.6b32.9x37.7x1.9x
Tue, 12 Sep 2023CN¥4.0tCN¥2.1tCN¥102.9b35x39.1x1.9x
Thu, 10 Aug 2023CN¥4.2tCN¥2.1tCN¥104.5b35.8x40.1x2x
Sat, 08 Jul 2023CN¥4.3tCN¥2.1tCN¥102.9b37.1x42x2.1x
Mon, 05 Jun 2023CN¥4.1tCN¥2.1tCN¥102.3b36.4x40.2x2x
Wed, 03 May 2023CN¥4.0tCN¥2.1tCN¥102.5b34.4x39.5x2x
Fri, 31 Mar 2023CN¥4.1tCN¥2.0tCN¥100.7b35.2x40.3x2.1x
Sun, 26 Feb 2023CN¥4.2tCN¥2.0tCN¥96.7b37.5x43.3x2.1x
Tue, 24 Jan 2023CN¥4.0tCN¥2.0tCN¥95.0b34.8x41.8x2x
Thu, 22 Dec 2022CN¥3.7tCN¥2.0tCN¥94.7b32.6x39.1x1.9x
Sat, 19 Nov 2022CN¥3.9tCN¥1.9tCN¥94.2b35.6x41.5x2x
Mon, 17 Oct 2022CN¥3.7tCN¥1.9tCN¥98.2b33.4x38x1.9x
Wed, 14 Sep 2022CN¥4.0tCN¥1.9tCN¥96.9b36.8x41.1x2.1x
Fri, 12 Aug 2022CN¥4.1tCN¥2.0tCN¥105.1b37.3x39.4x2.1x
Sun, 10 Jul 2022CN¥3.8tCN¥2.0tCN¥103.8b33.7x37x2x
Tue, 07 Jun 2022CN¥3.5tCN¥2.0tCN¥103.2b33x34.2x1.8x
Thu, 05 May 2022CN¥3.0tCN¥1.9tCN¥102.0b27.1x29.5x1.6x
Sat, 02 Apr 2022CN¥3.4tCN¥1.9tCN¥114.0b31.7x30.1x1.8x
Mon, 28 Feb 2022CN¥3.9tCN¥1.9tCN¥119.0b37.3x32.5x2x
Wed, 26 Jan 2022CN¥3.7tCN¥1.9tCN¥117.5b35.8x31.8x2x
Fri, 24 Dec 2021CN¥4.1tCN¥1.9tCN¥116.5b40.2x35.4x2.2x
Sun, 21 Nov 2021CN¥4.1tCN¥1.9tCN¥119.4b40.1x34.8x2.2x
Tue, 19 Oct 2021CN¥3.9tCN¥1.9tCN¥119.7b36x32.7x2.1x
Thu, 16 Sep 2021CN¥4.1tCN¥1.9tCN¥119.6b38.1x34.2x2.2x
Sat, 14 Aug 2021CN¥4.0tCN¥1.9tCN¥119.1b36.9x33.9x2.1x
Wed, 09 Jun 2021CN¥3.5tCN¥1.8tCN¥116.1b33.3x29.9x2x
Price to Earnings Ratio

29.9x


Total Market Cap: CN¥3.4tTotal Earnings: CN¥114.3bTotal Revenue: CN¥1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Machinery Industry Price to Earnings3Y Average 35.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Chinese Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 35.9x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 2.8% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.3% 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-4.90%
Industrials-5.01%
Machinery-5.59%
Construction Machinery and Vehicles-1.70%
Agricultural Machinery-5.16%
Industrial Machinery-7.47%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 43.6x.
    • Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings growth of 6.1% 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 0.4% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 31% 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
601766 CRRCCN¥6.622.5%
+CN¥4.6b
10.7%PE16.1x
300442 Range Intelligent Computing Technology GroupCN¥30.418.2%
+CN¥4.0b
-15.7%PE34.9x
600031 Sany Heavy IndustryLtdCN¥14.452.7%
+CN¥3.2b
-16.0%PE25.9x
425 XCMG Construction MachineryCN¥6.214.5%
+CN¥3.2b
-12.3%PE16.2x
157 Zoomlion Heavy Industry Science and TechnologyCN¥8.034.0%
+CN¥2.6b
30.1%PE22.1x
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Latest News

680

CN¥7.86

Shantui Construction Machinery

7D

18.7%

1Y

69.8%

601100

CN¥50.37

Jiangsu Hengli HydraulicLtd

7D

-6.3%

1Y

-23.7%

300475

CN¥39.28

Shannon Semiconductor TechnologyLtd

7D

-10.6%

1Y

125.9%

157

CN¥8.03

Zoomlion Heavy Industry Science and Technology

7D

4.0%

1Y

30.1%