Optimistic Investors Push Weichai Heavy Machinery Co., Ltd. (SZSE:000880) Shares Up 51% But Growth Is Lacking
Dec 30
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Chinese (SSE) Construction Machinery and Vehicles Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies86
- 7D1.8%
- 3M-2.6%
- 1Y22.5%
- YTDn/a
In the last week, the Construction Machinery and Vehicles industry is up 1.4%, with CRRC up 3.3%. Meanwhile, Kunming Yunnei PowerLtd actually underperformed within the industry, shrinking 16% in the last week. This takes the industry's 12 month performance to a gain of 22%. As for the next few years, earnings are expected to grow by 30% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | CN¥1.5t | CN¥1.1t | CN¥52.4b | 33.3x | 28.2x | 1.3x |
| Thu, 28 Nov 2024 | CN¥1.4t | CN¥1.1t | CN¥52.4b | 31.9x | 27.5x | 1.3x |
| Sat, 26 Oct 2024 | CN¥1.5t | CN¥1.1t | CN¥51.4b | 26.8x | 28.2x | 1.3x |
| Mon, 23 Sep 2024 | CN¥1.3t | CN¥1.1t | CN¥51.3b | 21.2x | 24.4x | 1.1x |
| Wed, 21 Aug 2024 | CN¥1.3t | CN¥1.1t | CN¥50.0b | 24.8x | 26.7x | 1.2x |
| Fri, 19 Jul 2024 | CN¥1.4t | CN¥1.1t | CN¥50.4b | 24x | 26.9x | 1.2x |
| Sun, 16 Jun 2024 | CN¥1.3t | CN¥1.1t | CN¥49.9b | 26.8x | 27x | 1.2x |
| Tue, 14 May 2024 | CN¥1.5t | CN¥1.1t | CN¥47.3b | 30.1x | 30.8x | 1.3x |
| Thu, 11 Apr 2024 | CN¥1.3t | CN¥1.1t | CN¥40.8b | 27x | 32.7x | 1.3x |
| Sat, 09 Mar 2024 | CN¥1.3t | CN¥1.1t | CN¥40.0b | 25x | 32.8x | 1.2x |
| Mon, 05 Feb 2024 | CN¥1.1t | CN¥1.1t | CN¥41.1b | 21.1x | 27.4x | 1.1x |
| Wed, 03 Jan 2024 | CN¥1.2t | CN¥1.0t | CN¥42.3b | 26.9x | 27.6x | 1.1x |
| Fri, 01 Dec 2023 | CN¥1.2t | CN¥1.0t | CN¥42.3b | 27.6x | 27.3x | 1.1x |
| Sun, 29 Oct 2023 | CN¥1.2t | CN¥995.7b | CN¥39.3b | 27x | 29.8x | 1.2x |
| Tue, 26 Sep 2023 | CN¥1.2t | CN¥989.7b | CN¥38.5b | 27x | 31.3x | 1.2x |
| Thu, 24 Aug 2023 | CN¥1.3t | CN¥981.1b | CN¥38.9b | 26x | 33.2x | 1.3x |
| Sat, 22 Jul 2023 | CN¥1.4t | CN¥973.6b | CN¥37.8b | 34x | 36.4x | 1.4x |
| Mon, 19 Jun 2023 | CN¥1.4t | CN¥974.1b | CN¥37.8b | 32.3x | 36.1x | 1.4x |
| Wed, 17 May 2023 | CN¥1.3t | CN¥970.0b | CN¥37.2b | 31.3x | 35.5x | 1.4x |
| Fri, 14 Apr 2023 | CN¥1.3t | CN¥932.7b | CN¥38.1b | 29x | 34.2x | 1.4x |
| Sun, 12 Mar 2023 | CN¥1.2t | CN¥888.3b | CN¥34.4b | 29.9x | 36.1x | 1.4x |
| Tue, 07 Feb 2023 | CN¥1.2t | CN¥888.7b | CN¥34.5b | 28.4x | 33.6x | 1.3x |
| Thu, 05 Jan 2023 | CN¥1.1t | CN¥887.6b | CN¥34.3b | 26x | 31.8x | 1.2x |
| Sat, 03 Dec 2022 | CN¥1.1t | CN¥887.4b | CN¥34.2b | 27.6x | 33.1x | 1.3x |
| Mon, 31 Oct 2022 | CN¥1.0t | CN¥889.3b | CN¥34.3b | 26.9x | 29.9x | 1.2x |
| Wed, 28 Sep 2022 | CN¥1.0t | CN¥882.9b | CN¥36.7b | 26.3x | 28.2x | 1.2x |
| Fri, 26 Aug 2022 | CN¥1.1t | CN¥947.5b | CN¥44.5b | 23.5x | 24.7x | 1.2x |
| Sun, 24 Jul 2022 | CN¥1.1t | CN¥923.6b | CN¥44.8b | 23.9x | 24.5x | 1.2x |
| Tue, 21 Jun 2022 | CN¥1.1t | CN¥923.7b | CN¥44.8b | 23.3x | 23.6x | 1.1x |
| Thu, 19 May 2022 | CN¥940.3b | CN¥895.3b | CN¥43.1b | 21.6x | 21.8x | 1.1x |
| Sat, 16 Apr 2022 | CN¥1.0t | CN¥956.4b | CN¥58.0b | 21.9x | 17.4x | 1.1x |
| Mon, 14 Mar 2022 | CN¥1.1t | CN¥970.5b | CN¥62.6b | 23.6x | 16.9x | 1.1x |
| Wed, 09 Feb 2022 | CN¥1.2t | CN¥970.7b | CN¥63.0b | 24.5x | 18.6x | 1.2x |
| Fri, 07 Jan 2022 | CN¥1.2t | CN¥970.5b | CN¥63.0b | n/a | 19.7x | 1.3x |
Price to Earnings Ratio
19.7x
Current Industry PE
- Investors are relatively neutral on the Chinese Construction Machinery and Heavy Trucks 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 28.5x.
- 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 5.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.2% 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 | 0.98% | |
| Industrials | 1.30% | |
| Machinery | 1.10% | |
| Construction Machinery and Vehicles | 1.80% | |
| Industrial Machinery | 0.74% | |
| Agricultural Machinery | -4.18% | |
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 | |
|---|---|---|---|---|---|
| 601766 CRRC | CN¥8.37 | 3.5% +CN¥8.0b | 59.1% | PE18.8x | |
| 600066 Yutong BusLtd | CN¥26.24 | 5.8% +CN¥3.2b | 98.0% | PE18.2x | |
| 600031 Sany Heavy IndustryLtd | CN¥16.68 | 2.2% +CN¥3.0b | 21.1% | PE26.3x | |
| 000425 XCMG Construction Machinery | CN¥7.79 | 2.9% +CN¥2.6b | 42.7% | PE15.9x | |
| 000528 Guangxi Liugong Machinery | CN¥11.77 | 7.2% +CN¥1.6b | 74.6% | PE17.1x |
