Subdued Growth No Barrier To Antong Holdings Co., Ltd. (SHSE:600179) With Shares Advancing 27%
Nov 09
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Chinese (SSE) Marine Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies12
- 7D-1.6%
- 3M20.8%
- 1Y1.7%
- YTDn/a
The Marine is pretty flat in the last 7 days, but Antong Holdings has stood out, gaining 3.5%. The past year has been better, since the industry has gained 4.7% in that time. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Chinese Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CN¥111.3b | CN¥59.8b | CN¥6.2b | 17x | 18x | 1.9x |
| Tue, 22 Oct 2024 | CN¥104.2b | CN¥58.0b | CN¥5.8b | 21.9x | 18x | 1.8x |
| Thu, 19 Sep 2024 | CN¥87.8b | CN¥57.6b | CN¥5.6b | 19.2x | 15.6x | 1.5x |
| Sat, 17 Aug 2024 | CN¥94.9b | CN¥56.2b | CN¥5.7b | 16.5x | 16.6x | 1.7x |
| Mon, 15 Jul 2024 | CN¥97.2b | CN¥55.6b | CN¥5.6b | 16.8x | 17.4x | 1.7x |
| Wed, 12 Jun 2024 | CN¥114.6b | CN¥55.6b | CN¥5.6b | 16.4x | 20.5x | 2.1x |
| Fri, 10 May 2024 | CN¥113.5b | CN¥55.6b | CN¥5.6b | 17.9x | 20.2x | 2x |
| Sun, 07 Apr 2024 | CN¥109.0b | CN¥49.2b | CN¥5.3b | 18.6x | 20.7x | 2.2x |
| Tue, 05 Mar 2024 | CN¥101.8b | CN¥49.7b | CN¥5.8b | 16.2x | 17.6x | 2x |
| Thu, 01 Feb 2024 | CN¥98.1b | CN¥49.6b | CN¥5.8b | 15.9x | 17x | 2x |
| Sat, 30 Dec 2023 | CN¥112.2b | CN¥49.6b | CN¥5.8b | 19x | 19.5x | 2.3x |
| Mon, 27 Nov 2023 | CN¥97.2b | CN¥49.6b | CN¥5.8b | 20.4x | 16.9x | 2x |
| Wed, 25 Oct 2023 | CN¥90.4b | CN¥49.9b | CN¥6.1b | 19.5x | 14.7x | 1.8x |
| Fri, 22 Sep 2023 | CN¥99.8b | CN¥50.6b | CN¥6.7b | 21.9x | 14.9x | 2x |
| Sun, 20 Aug 2023 | CN¥110.0b | CN¥51.8b | CN¥7.8b | 22.7x | 14x | 2.1x |
| Tue, 18 Jul 2023 | CN¥104.9b | CN¥51.7b | CN¥7.9b | 20.7x | 13.2x | 2x |
| Thu, 15 Jun 2023 | CN¥104.9b | CN¥51.8b | CN¥7.7b | 20.1x | 13.6x | 2x |
| Sat, 13 May 2023 | CN¥110.7b | CN¥51.6b | CN¥7.7b | 20.7x | 14.4x | 2.1x |
| Mon, 10 Apr 2023 | CN¥118.1b | CN¥52.1b | CN¥8.9b | 20.9x | 13.3x | 2.3x |
| Wed, 08 Mar 2023 | CN¥107.6b | CN¥49.6b | CN¥8.1b | 23.9x | 13.3x | 2.2x |
| Fri, 03 Feb 2023 | CN¥106.8b | CN¥49.6b | CN¥8.1b | 24x | 13.2x | 2.2x |
| Sun, 01 Jan 2023 | CN¥99.4b | CN¥49.2b | CN¥8.0b | 23x | 12.4x | 2x |
| Tue, 29 Nov 2022 | CN¥86.8b | CN¥44.6b | CN¥7.3b | 25.2x | 11.8x | 1.9x |
| Thu, 27 Oct 2022 | CN¥94.3b | CN¥42.8b | CN¥7.2b | 29x | 13.1x | 2.2x |
| Sat, 24 Sep 2022 | CN¥96.0b | CN¥42.2b | CN¥7.0b | 29.6x | 13.8x | 2.3x |
| Mon, 22 Aug 2022 | CN¥101.3b | CN¥41.8b | CN¥7.1b | 29.4x | 14.2x | 2.4x |
| Wed, 20 Jul 2022 | CN¥85.7b | CN¥39.2b | CN¥6.8b | 16x | 12.6x | 2.2x |
| Fri, 17 Jun 2022 | CN¥91.2b | CN¥39.2b | CN¥6.8b | 17.6x | 13.4x | 2.3x |
| Sun, 15 May 2022 | CN¥89.7b | CN¥39.1b | CN¥6.8b | 17x | 13.2x | 2.3x |
| Tue, 12 Apr 2022 | CN¥86.1b | CN¥34.8b | CN¥6.4b | 28.4x | 13.5x | 2.5x |
| Thu, 10 Mar 2022 | CN¥79.4b | CN¥32.9b | CN¥6.3b | 23.9x | 12.6x | 2.4x |
| Sat, 05 Feb 2022 | CN¥83.7b | CN¥32.5b | CN¥6.0b | 23.1x | 14x | 2.6x |
| Mon, 03 Jan 2022 | CN¥84.4b | CN¥32.5b | CN¥6.0b | 23.4x | 14.1x | 2.6x |
| Wed, 01 Dec 2021 | CN¥86.3b | CN¥32.5b | CN¥6.0b | 22.8x | 14.5x | 2.7x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are optimistic on the Chinese Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.7x which is higher than its 3-year average PE of 15.2x.
- The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Marine 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 Comparison
How does Chinese Marine compare with similar industries?
| CN Market | -2.14% | |
| Industrials | -1.50% | |
| Marine and Shipping | -1.59% | |
| Marine | -1.59% | |
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 | |
|---|---|---|---|---|---|
| 600179 Antong Holdings | CN¥2.96 | 3.5% +CN¥407.1m | 8.8% | PE36.2x | |
| 600798 Ningbo Marine | CN¥3.10 | 0.6% +CN¥24.1m | -16.7% | PS1.7x |
