Is China Harzone Industry (SZSE:300527) Using Debt In A Risky Way?
Apr 22
Chinese (SSE) Construction Machinery and Vehicles Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies88
- 7D4.1%
- 3M27.6%
- 1Y12.8%
- YTDn/a
Over the last 7 days, the Construction Machinery and Vehicles industry has risen 4.1%, driven by gains in Anhui HeliLtd and China Harzone Industry of 4.9% and 18%, respectively. Meanwhile, China CSSC Holdings actually underperformed within the industry, shrinking 5.2% in the last week. This means that the industry has gained 13% over the past year. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Chinese Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CN¥1.4t | CN¥1.1t | CN¥41.2b | 26.9x | 34.5x | 1.3x |
| Fri, 22 Mar 2024 | CN¥1.3t | CN¥1.1t | CN¥40.2b | 26.3x | 31.8x | 1.2x |
| Sun, 18 Feb 2024 | CN¥1.2t | CN¥1.1t | CN¥40.8b | 22.1x | 28.9x | 1.1x |
| Tue, 16 Jan 2024 | CN¥1.2t | CN¥1.1t | CN¥41.1b | 26.4x | 28.6x | 1.1x |
| Thu, 14 Dec 2023 | CN¥1.1t | CN¥1.0t | CN¥42.3b | 27.2x | 27x | 1.1x |
| Sat, 11 Nov 2023 | CN¥1.1t | CN¥1.0t | CN¥42.3b | 27.4x | 26.8x | 1.1x |
| Mon, 09 Oct 2023 | CN¥1.2t | CN¥989.7b | CN¥38.5b | 27.6x | 31.4x | 1.2x |
| Wed, 06 Sep 2023 | CN¥1.2t | CN¥991.2b | CN¥38.5b | 28.3x | 32.3x | 1.3x |
| Fri, 04 Aug 2023 | CN¥1.4t | CN¥973.6b | CN¥37.8b | 35.5x | 37.3x | 1.4x |
| Sun, 02 Jul 2023 | CN¥1.4t | CN¥973.2b | CN¥37.7b | 33.4x | 37x | 1.4x |
| Tue, 30 May 2023 | CN¥1.3t | CN¥972.1b | CN¥37.4b | 31.3x | 34.8x | 1.3x |
| Thu, 27 Apr 2023 | CN¥1.3t | CN¥928.5b | CN¥42.0b | 30.5x | 30.8x | 1.4x |
| Sat, 25 Mar 2023 | CN¥1.2t | CN¥887.5b | CN¥34.2b | 30.3x | 35.7x | 1.4x |
| Mon, 20 Feb 2023 | CN¥1.2t | CN¥888.7b | CN¥34.5b | 29x | 34.7x | 1.3x |
| Wed, 18 Jan 2023 | CN¥1.1t | CN¥888.1b | CN¥34.4b | 26x | 32.7x | 1.3x |
| Fri, 16 Dec 2022 | CN¥1.1t | CN¥888.0b | CN¥34.4b | 27.1x | 32.5x | 1.3x |
| Sun, 13 Nov 2022 | CN¥1.1t | CN¥883.3b | CN¥33.9b | 27.7x | 32.5x | 1.2x |
| Tue, 11 Oct 2022 | CN¥976.8b | CN¥879.7b | CN¥36.4b | 25.4x | 26.8x | 1.1x |
| Thu, 08 Sep 2022 | CN¥1.1t | CN¥884.5b | CN¥36.7b | 27.1x | 30.6x | 1.3x |
| Sat, 06 Aug 2022 | CN¥1.1t | CN¥951.5b | CN¥45.3b | 23.4x | 24x | 1.1x |
| Mon, 04 Jul 2022 | CN¥1.1t | CN¥923.7b | CN¥44.8b | 23.8x | 24.2x | 1.2x |
| Wed, 01 Jun 2022 | CN¥1.0t | CN¥923.7b | CN¥44.8b | 23.5x | 22.7x | 1.1x |
| Fri, 29 Apr 2022 | CN¥884.2b | CN¥914.7b | CN¥49.9b | 19.6x | 17.7x | 1x |
| Sun, 27 Mar 2022 | CN¥1.0t | CN¥971.4b | CN¥62.3b | 22.9x | 16.4x | 1x |
| Tue, 22 Feb 2022 | CN¥1.2t | CN¥970.7b | CN¥63.0b | 25.1x | 18.3x | 1.2x |
| Thu, 20 Jan 2022 | CN¥1.2t | CN¥970.5b | CN¥63.0b | 27x | 19.7x | 1.3x |
| Sat, 18 Dec 2021 | CN¥1.2t | CN¥967.4b | CN¥62.7b | 26x | 19.8x | 1.3x |
| Mon, 15 Nov 2021 | CN¥1.2t | CN¥963.3b | CN¥61.6b | 25.6x | 19.3x | 1.2x |
| Wed, 13 Oct 2021 | CN¥1.1t | CN¥979.8b | CN¥64.6b | 27.9x | 17.8x | 1.2x |
| Fri, 10 Sep 2021 | CN¥1.3t | CN¥979.7b | CN¥64.6b | 32.1x | 20.2x | 1.3x |
| Sun, 08 Aug 2021 | CN¥1.2t | CN¥979.7b | CN¥64.6b | 28.7x | 18.5x | 1.2x |
| Sat, 01 May 2021 | CN¥1.2t | CN¥949.7b | CN¥65.9b | 24x | 18.1x | 1.3x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are optimistic on the Chinese Construction Machinery and Heavy Trucks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 34.5x which is higher than its 3-year average PE of 26.5x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.2% 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 Comparison
How does Chinese Construction Machinery and Vehicles compare with similar industries?
| CN Market | -0.40% | |
| Industrials | 0.35% | |
| Machinery | -0.10% | |
| Construction Machinery and Vehicles | 4.13% | |
| Industrial Machinery | -2.45% | |
| Agricultural Machinery | -16.76% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600761 Anhui HeliLtd | CN¥23.90 | 4.8% +CN¥1.3b | 22.4% | PE14.6x | |
| 600686 Xiamen King Long Motor Group | CN¥8.60 | 25.4% +CN¥1.2b | 55.5% | PS0.3x | |
| 300527 China Harzone Industry | CN¥7.24 | 16.2% +CN¥972.9m | -0.5% | PS10.9x | |
| 600501 Aerosun | CN¥12.42 | 19.1% +CN¥858.4m | -16.4% | PE106.3x | |
| 957 Zhongtong Bus HoldingLTD | CN¥9.27 | 17.2% +CN¥806.3m | -4.3% | PE78.9x |
