Is It Time To Consider Buying Shanghai Zhonggu Logistics Co., Ltd. (SHSE:603565)?
Jul 12
Chinese (SSE) Marine Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies12
- 7D-0.6%
- 3M-12.4%
- 1Y-21.8%
- YTDn/a
Over the last 7 days, the Marine industry has dropped 1.2%, driven by a pullback from COSCO SHIPPING Specialized CarriersLtd of 7.5%. On the other hand Shanghai Zhonggu Logistics is actually up 5.2%. Overall the industry is down 23% in 12 months. Earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥96.4b | CN¥55.6b | CN¥5.6b | 16.4x | 17.3x | 1.7x |
| Sun, 23 Jun 2024 | CN¥104.2b | CN¥55.6b | CN¥5.6b | 19x | 18.7x | 1.9x |
| Tue, 21 May 2024 | CN¥114.7b | CN¥55.6b | CN¥5.6b | 17.7x | 20.5x | 2.1x |
| Thu, 18 Apr 2024 | CN¥108.2b | CN¥54.6b | CN¥6.0b | 18.8x | 18.1x | 2x |
| Sat, 16 Mar 2024 | CN¥104.6b | CN¥49.9b | CN¥5.8b | 16.1x | 18x | 2.1x |
| Mon, 12 Feb 2024 | CN¥98.2b | CN¥49.7b | CN¥5.8b | 14.8x | 17x | 2x |
| Wed, 10 Jan 2024 | CN¥109.5b | CN¥49.6b | CN¥5.8b | 19.4x | 19x | 2.2x |
| Fri, 08 Dec 2023 | CN¥115.5b | CN¥49.6b | CN¥5.8b | 19.9x | 20.1x | 2.3x |
| Sun, 05 Nov 2023 | CN¥93.1b | CN¥49.6b | CN¥5.8b | 19.3x | 16.2x | 1.9x |
| Tue, 03 Oct 2023 | CN¥99.0b | CN¥50.6b | CN¥6.7b | 22.1x | 14.7x | 2x |
| Thu, 31 Aug 2023 | CN¥100.7b | CN¥51.4b | CN¥7.4b | 22.1x | 13.7x | 2x |
| Sat, 29 Jul 2023 | CN¥109.1b | CN¥51.5b | CN¥7.8b | 20.5x | 13.9x | 2.1x |
| Mon, 26 Jun 2023 | CN¥103.6b | CN¥51.8b | CN¥7.7b | 19.3x | 13.4x | 2x |
| Wed, 24 May 2023 | CN¥108.9b | CN¥51.8b | CN¥7.7b | 20.5x | 14.1x | 2.1x |
| Fri, 21 Apr 2023 | CN¥116.7b | CN¥51.5b | CN¥8.2b | 21.4x | 14.2x | 2.3x |
| Sun, 19 Mar 2023 | CN¥105.0b | CN¥49.7b | CN¥8.1b | 23.6x | 13x | 2.1x |
| Tue, 14 Feb 2023 | CN¥107.9b | CN¥49.6b | CN¥8.1b | 24x | 13.3x | 2.2x |
| Thu, 12 Jan 2023 | CN¥99.0b | CN¥49.2b | CN¥8.0b | 22.6x | 12.3x | 2x |
| Sat, 10 Dec 2022 | CN¥104.1b | CN¥49.2b | CN¥8.0b | 23.5x | 12.9x | 2.1x |
| Mon, 07 Nov 2022 | CN¥91.4b | CN¥44.6b | CN¥7.3b | 23.8x | 12.5x | 2x |
| Wed, 05 Oct 2022 | CN¥91.0b | CN¥42.2b | CN¥7.0b | 27.3x | 13.1x | 2.2x |
| Fri, 02 Sep 2022 | CN¥100.7b | CN¥42.2b | CN¥7.0b | 32.3x | 14.5x | 2.4x |
| Sun, 31 Jul 2022 | CN¥95.9b | CN¥40.2b | CN¥6.9b | 18.3x | 13.9x | 2.4x |
| Tue, 28 Jun 2022 | CN¥89.6b | CN¥39.2b | CN¥6.8b | 17.3x | 13.1x | 2.3x |
| Thu, 26 May 2022 | CN¥92.0b | CN¥39.2b | CN¥6.8b | 18x | 13.5x | 2.3x |
| Sat, 23 Apr 2022 | CN¥82.4b | CN¥34.9b | CN¥6.4b | 25.6x | 12.9x | 2.4x |
| Mon, 21 Mar 2022 | CN¥75.3b | CN¥33.0b | CN¥6.3b | 23.3x | 12x | 2.3x |
| Wed, 16 Feb 2022 | CN¥87.2b | CN¥32.5b | CN¥6.0b | 24.4x | 14.6x | 2.7x |
| Fri, 14 Jan 2022 | CN¥89.9b | CN¥32.5b | CN¥6.0b | 26.2x | 15.1x | 2.8x |
| Sun, 12 Dec 2021 | CN¥87.4b | CN¥32.5b | CN¥6.0b | 22.9x | 14.6x | 2.7x |
| Tue, 09 Nov 2021 | CN¥83.9b | CN¥32.5b | CN¥6.0b | 21.6x | 14.1x | 2.6x |
| Thu, 07 Oct 2021 | CN¥93.7b | CN¥30.9b | CN¥5.2b | 20.4x | 18.1x | 3x |
| Sat, 04 Sep 2021 | CN¥94.2b | CN¥30.9b | CN¥5.2b | 22.1x | 18.2x | 3x |
| Mon, 02 Aug 2021 | CN¥88.6b | CN¥30.9b | CN¥5.2b | 21.6x | 17.1x | 2.9x |
Price to Earnings Ratio
17.1x
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 17.1x which is higher than its 3-year average PE of 15.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Marine industry have grown 2.5% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Marine compare with similar industries?
| CN Market | -3.39% | |
| Industrials | -1.25% | |
| Marine and Shipping | -0.61% | |
| Marine | -0.61% | |
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 | |
|---|---|---|---|---|---|
| 603565 Shanghai Zhonggu Logistics | CN¥8.63 | 4.6% +CN¥798.0m | -23.7% | PE12.1x | |
| 603162 Fujian Highton Development | CN¥9.40 | 2.2% +CN¥183.1m | -19.2% | PE43.4x | |
| 600798 Ningbo Marine | CN¥2.74 | 1.5% +CN¥48.3m | -24.7% | PE39.8x | |
| 000520 Phoenix Shipping (Wuhan) | CN¥2.23 | 0.5% +CN¥10.1m | -27.6% | PS2.3x |