Why Zhejiang Sanhua Intelligent Controls Co.,Ltd (SZSE:002050) Could Be Worth Watching
Dec 30
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Chinese (SSE) Machinery Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies485
- 7D1.1%
- 3M4.0%
- 1Y6.5%
- YTD5.6%
Over the last 7 days, the Machinery industry has remained flat, although notably CRRC gained 3.5%. As for the the longer term, the industry is up 6.8% over the past 12 months. As for the next few years, earnings are expected to grow by 30% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | CN¥4.3t | CN¥2.3t | CN¥108.2b | 35.3x | 39.3x | 1.8x |
| Thu, 28 Nov 2024 | CN¥4.2t | CN¥2.3t | CN¥107.3b | 34.8x | 38.9x | 1.8x |
| Sat, 26 Oct 2024 | CN¥4.1t | CN¥2.3t | CN¥109.3b | 32.6x | 37.6x | 1.8x |
| Mon, 23 Sep 2024 | CN¥3.3t | CN¥2.3t | CN¥108.9b | 25.8x | 29.9x | 1.4x |
| Wed, 21 Aug 2024 | CN¥3.4t | CN¥2.3t | CN¥111.6b | 26.6x | 30x | 1.5x |
| Fri, 19 Jul 2024 | CN¥3.5t | CN¥2.3t | CN¥110.9b | 27x | 31.2x | 1.5x |
| Sun, 16 Jun 2024 | CN¥3.7t | CN¥2.3t | CN¥110.2b | 28.2x | 33.1x | 1.6x |
| Tue, 14 May 2024 | CN¥3.9t | CN¥2.2t | CN¥106.8b | 30.8x | 36.6x | 1.7x |
| Thu, 11 Apr 2024 | CN¥3.8t | CN¥2.2t | CN¥104.5b | 30.6x | 36x | 1.7x |
| Sat, 09 Mar 2024 | CN¥3.9t | CN¥2.2t | CN¥104.6b | 29.9x | 36.9x | 1.8x |
| Mon, 05 Feb 2024 | CN¥3.2t | CN¥2.2t | CN¥106.7b | 24.6x | 30.2x | 1.5x |
| Wed, 03 Jan 2024 | CN¥3.9t | CN¥2.2t | CN¥109.5b | 32.7x | 35.5x | 1.8x |
| Fri, 01 Dec 2023 | CN¥3.9t | CN¥2.2t | CN¥109.4b | 33.4x | 35.8x | 1.8x |
| Sun, 29 Oct 2023 | CN¥3.8t | CN¥2.1t | CN¥104.7b | 32.4x | 36.6x | 1.8x |
| Tue, 26 Sep 2023 | CN¥3.9t | CN¥2.1t | CN¥102.7b | 34.1x | 38.3x | 1.9x |
| Thu, 24 Aug 2023 | CN¥4.0t | CN¥2.1t | CN¥104.9b | 34.5x | 38.1x | 1.9x |
| Sat, 22 Jul 2023 | CN¥4.2t | CN¥2.1t | CN¥103.3b | 36.2x | 40.9x | 2x |
| Mon, 19 Jun 2023 | CN¥4.3t | CN¥2.1t | CN¥103.1b | 37x | 41.3x | 2.1x |
| Wed, 17 May 2023 | CN¥4.0t | CN¥2.1t | CN¥100.7b | 34.3x | 39.9x | 2x |
| Fri, 14 Apr 2023 | CN¥4.1t | CN¥2.0t | CN¥105.4b | 35.1x | 39.1x | 2.1x |
| Sun, 12 Mar 2023 | CN¥4.1t | CN¥2.0t | CN¥96.8b | 35.6x | 42.4x | 2.1x |
| Tue, 07 Feb 2023 | CN¥4.1t | CN¥2.0t | CN¥95.2b | 37x | 43x | 2.1x |
| Thu, 05 Jan 2023 | CN¥3.8t | CN¥2.0t | CN¥94.6b | 33.7x | 39.9x | 1.9x |
| Sat, 03 Dec 2022 | CN¥3.9t | CN¥2.0t | CN¥94.2b | 35.2x | 41.8x | 2x |
| Mon, 31 Oct 2022 | CN¥3.7t | CN¥1.9t | CN¥92.8b | 33.3x | 39.9x | 1.9x |
| Wed, 28 Sep 2022 | CN¥3.8t | CN¥1.9t | CN¥97.1b | 34.2x | 38.8x | 2x |
| Fri, 26 Aug 2022 | CN¥4.0t | CN¥2.0t | CN¥105.7b | 35.7x | 37.8x | 2x |
| Sun, 24 Jul 2022 | CN¥4.0t | CN¥2.0t | CN¥104.2b | 35.5x | 38.1x | 2x |
| Tue, 21 Jun 2022 | CN¥3.7t | CN¥2.0t | CN¥103.2b | 33.2x | 35.6x | 1.9x |
| Thu, 19 May 2022 | CN¥3.2t | CN¥1.9t | CN¥102.1b | 30x | 31.1x | 1.7x |
| Sat, 16 Apr 2022 | CN¥3.2t | CN¥1.9t | CN¥111.1b | 28.9x | 29.1x | 1.7x |
| Mon, 14 Mar 2022 | CN¥3.6t | CN¥1.9t | CN¥120.3b | 33x | 29.8x | 1.9x |
| Wed, 09 Feb 2022 | CN¥3.8t | CN¥1.9t | CN¥118.7b | 37x | 32.2x | 2x |
| Fri, 07 Jan 2022 | CN¥4.1t | CN¥1.9t | CN¥117.0b | 56.3x | 34.6x | 2.1x |
Price to Earnings Ratio
34.6x
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 36.5x.
- 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 2.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.8% 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 | 0.98% | |
| Industrials | 1.30% | |
| Machinery | 1.10% | |
| Construction Machinery and Vehicles | 1.80% | |
| Industrial Machinery | 0.74% | |
| Agricultural Machinery | -4.18% | |
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 30.3%, which is higher than its past year's earnings decline of 1.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrial Machinery industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 1.7% 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 | |
|---|---|---|---|---|---|
| 601766 CRRC | CN¥8.37 | 3.5% +CN¥8.0b | 59.1% | PE18.8x | |
| 300757 RoboTechnik Intelligent Technology | CN¥227.50 | 15.3% +CN¥4.7b | 291.3% | PE304.2x | |
| 300124 Shenzhen Inovance TechnologyLtd | CN¥60.08 | 2.7% +CN¥4.2b | -4.8% | PE33.8x | |
| 300718 Zhejiang Changsheng Sliding Bearings | CN¥32.86 | 76.7% +CN¥4.2b | 77.1% | PE42x | |
| 002050 Zhejiang Sanhua Intelligent ControlsLtd | CN¥24.19 | 4.9% +CN¥4.2b | -17.7% | PE29.4x |
