What Does Shanghai Zhonggu Logistics Co., Ltd.'s (SHSE:603565) Share Price Indicate?
Nov 28
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Chinese (SSE) Marine and Shipping Industry Analysis
UpdatedDec 02, 2024
DataAggregated Company Financials
Companies12
- 7D0.8%
- 3M20.8%
- 1Y0.6%
- YTD-3.6%
Last week, the Marine and Shipping industry hasn't moved much but Hainan Strait ShippingLtd is up 17% in that time. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Chinese Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 02 Dec 2024 | CN¥112.3b | CN¥59.8b | CN¥6.2b | 16.8x | 18.2x | 1.9x |
| Wed, 30 Oct 2024 | CN¥109.9b | CN¥58.5b | CN¥5.7b | 19.8x | 19.1x | 1.9x |
| Fri, 27 Sep 2024 | CN¥97.4b | CN¥57.5b | CN¥5.6b | 21.4x | 17.3x | 1.7x |
| Sun, 25 Aug 2024 | CN¥92.0b | CN¥56.3b | CN¥5.7b | 15.9x | 16.1x | 1.6x |
| Tue, 23 Jul 2024 | CN¥97.4b | CN¥55.6b | CN¥5.6b | 16.9x | 17.5x | 1.8x |
| Thu, 20 Jun 2024 | CN¥105.7b | CN¥55.6b | CN¥5.6b | 18.9x | 18.9x | 1.9x |
| Sat, 18 May 2024 | CN¥112.3b | CN¥55.6b | CN¥5.6b | 17.4x | 20.1x | 2x |
| Mon, 15 Apr 2024 | CN¥108.5b | CN¥54.6b | CN¥6.0b | 19.1x | 18.1x | 2x |
| Wed, 13 Mar 2024 | CN¥102.8b | CN¥49.9b | CN¥5.8b | 16.1x | 17.7x | 2.1x |
| Fri, 09 Feb 2024 | CN¥98.2b | CN¥49.7b | CN¥5.8b | 14.8x | 17x | 2x |
| Sun, 07 Jan 2024 | CN¥113.5b | CN¥49.6b | CN¥5.8b | 19.7x | 19.7x | 2.3x |
| Tue, 05 Dec 2023 | CN¥100.0b | CN¥49.6b | CN¥5.8b | 20.8x | 17.4x | 2x |
| Thu, 02 Nov 2023 | CN¥92.9b | CN¥49.5b | CN¥5.8b | 18.7x | 16.1x | 1.9x |
| Sat, 30 Sep 2023 | CN¥99.0b | CN¥50.6b | CN¥6.7b | 22.1x | 14.7x | 2x |
| Mon, 28 Aug 2023 | CN¥100.5b | CN¥51.5b | CN¥7.5b | 20.4x | 13.5x | 2x |
| Wed, 26 Jul 2023 | CN¥108.5b | CN¥51.7b | CN¥7.9b | 21x | 13.7x | 2.1x |
| Fri, 23 Jun 2023 | CN¥103.6b | CN¥51.8b | CN¥7.7b | 19.3x | 13.4x | 2x |
| Sun, 21 May 2023 | CN¥107.4b | CN¥51.8b | CN¥7.7b | 20.2x | 13.9x | 2.1x |
| Tue, 18 Apr 2023 | CN¥117.6b | CN¥51.8b | CN¥8.6b | 21.1x | 13.7x | 2.3x |
| Thu, 16 Mar 2023 | CN¥106.9b | CN¥49.7b | CN¥8.1b | 24x | 13.2x | 2.2x |
| Sat, 11 Feb 2023 | CN¥108.2b | CN¥49.6b | CN¥8.1b | 24.1x | 13.4x | 2.2x |
| Mon, 09 Jan 2023 | CN¥99.9b | CN¥49.2b | CN¥8.0b | 23x | 12.4x | 2x |
| Wed, 07 Dec 2022 | CN¥87.9b | CN¥44.6b | CN¥7.3b | 24.5x | 12x | 2x |
| Fri, 04 Nov 2022 | CN¥89.6b | CN¥44.6b | CN¥7.3b | 23.1x | 12.2x | 2x |
| Sun, 02 Oct 2022 | CN¥91.0b | CN¥42.2b | CN¥7.0b | 27.3x | 13.1x | 2.2x |
| Tue, 30 Aug 2022 | CN¥110.6b | CN¥42.2b | CN¥7.0b | 31.1x | 15.8x | 2.6x |
| Thu, 28 Jul 2022 | CN¥94.8b | CN¥39.2b | CN¥6.8b | 19x | 13.9x | 2.4x |
| Sat, 25 Jun 2022 | CN¥88.8b | CN¥39.2b | CN¥6.8b | 17.5x | 13x | 2.3x |
| Mon, 23 May 2022 | CN¥89.7b | CN¥39.1b | CN¥6.8b | 17.5x | 13.2x | 2.3x |
| Wed, 20 Apr 2022 | CN¥83.7b | CN¥34.9b | CN¥6.4b | 25.3x | 13.1x | 2.4x |
| Fri, 18 Mar 2022 | CN¥74.0b | CN¥32.9b | CN¥6.2b | 23.1x | 11.8x | 2.2x |
| Sun, 13 Feb 2022 | CN¥89.3b | CN¥32.5b | CN¥6.0b | 25.2x | 15x | 2.7x |
| Tue, 11 Jan 2022 | CN¥91.7b | CN¥32.5b | CN¥6.0b | 26.1x | 15.4x | 2.8x |
| Thu, 09 Dec 2021 | CN¥85.4b | CN¥32.5b | CN¥6.0b | 23.5x | 14.3x | 2.6x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are optimistic on the Chinese Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.2x which is higher than its 3-year average PE of 15.2x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 23% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | 2.26% | |
| Industrials | 1.80% | |
| Marine and Shipping | 0.82% | |
| Marine | 0.82% | |
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 | |
|---|---|---|---|---|---|
| 002320 Hainan Strait ShippingLtd | CN¥6.85 | 16.9% +CN¥2.2b | 14.0% | PE48x | |
| 601022 Ningbo Ocean Shipping | CN¥8.51 | 1.6% +CN¥170.1m | -20.5% | PE21.4x | |
| 600798 Ningbo Marine | CN¥3.27 | 4.1% +CN¥156.8m | -15.3% | PS1.8x | |
| 603162 Fujian Highton Development | CN¥9.53 | 1.1% +CN¥91.7m | -17.9% | PE19.7x | |
| 603167 Bohai Ferry Group | CN¥8.88 | 2.0% +CN¥79.8m | -1.3% | PE14.2x |
