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Chinese (SSE) Marine and Shipping Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies8
  • 7D-1.2%
  • 3M-11.6%
  • 1Y13.0%
  • YTD9.9%

Over the last 7 days, the Marine and Shipping industry has remained flat, although notably COSCO SHIPPING Specialized CarriersLtd gained 3.1%. As for the the longer term, the industry is up 12% over the past 12 months.

Industry Valuation and Performance

Has the Chinese Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021CN¥84.6bCN¥32.5bCN¥6.0b21.7x
Wed, 27 Oct 2021CN¥87.0bCN¥31.3bCN¥5.4b18.8x
Fri, 24 Sep 2021CN¥104.6bCN¥30.9bCN¥5.2b23.6x
Sun, 22 Aug 2021CN¥94.3bCN¥30.9bCN¥5.2b21.8x
Fri, 09 Jul 2021CN¥88.8bCN¥30.9bCN¥5.2b28.5x
Thu, 01 Apr 2021CN¥76.5bCN¥28.5bCN¥3.6b22.2x
Sun, 03 Jan 2021CN¥69.8bCN¥27.5bCN¥3.0b37.4x
Wed, 07 Oct 2020CN¥50.3bCN¥22.9bCN¥1.4b45.2x
Tue, 30 Jun 2020CN¥33.9bCN¥13.3bCN¥494.2m76x
Fri, 03 Apr 2020CN¥35.7bCN¥13.8bCN¥554.2m91.5x
Mon, 06 Jan 2020CN¥40.9bCN¥20.9b-CN¥27,054,283.0057.9x
Thu, 10 Oct 2019CN¥34.9bCN¥20.8bCN¥21.6m45.4x
Wed, 03 Jul 2019CN¥33.7bCN¥22.5bCN¥888.3m44.4x
Sat, 06 Apr 2019CN¥45.0bCN¥23.7bCN¥1.4b40.3x
Tue, 08 Jan 2019CN¥36.9bCN¥23.8bCN¥1.5b31.2x
PE Ratio

25.6x

Total Market Cap: CN¥37.4bTotal Earnings: CN¥1.8bTotal Revenue: CN¥23.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 22.0x which is lower than its 3-year average PE of 44.7x. Given that earnings are expected to decline by 4.4%, the lower than average PE seems justified.

Past Earnings Growth: The earnings for companies in the Shipping industry have grown 49% per year over the last three years, and revenues for these companies have grown 12% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Marine and Shipping industry?

Marine-1.24%

Industry PE: Investors are most optimistic about the Marine industry even though it's trading below its 3-year average PE ratio of 44.7x. However analysts are expecting annual earnings decline of 4.4%, which is lower than the prior year's growth of 65% per year. So the market might believe that analysts are underestimating future growth or they expect the Marine industry's earnings to deteriorate the least compared to other industries.

Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Marine industry since they expect its earnings to decline by only 4.4% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 65% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
600428 COSCO SHIPPING Specialized CarriersLtd5.4%+CN¥579.6m21.3%PE28.1x
600798 Ningbo Marine3.2%+CN¥156.8m11.2%PE24.5x
600179 Antong Holdings0.8%+CN¥139.9m-1.6%PE6.9x
1205 Nanjing ShengHang Shipping1.7%+CN¥44.5mn/aPE20.5x
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