Xiamen C&D's (SHSE:600153) Solid Earnings May Rest On Weak Foundations
Apr 25
Chinese (SSE) Trade Distributors Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies43
- 7D-3.9%
- 3M-5.7%
- 1Y-17.0%
- YTD-10.1%
Over the last 7 days, the Trade Distributors industry has dropped 3.9%, driven by CITIC Metal declining 12%. Meanwhile, Beijing United Information TechnologyLtd actually outperformed within the industry, gaining 12% in the last week. The industry has fallen 17% in the last year. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Chinese Trade Distributors Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | CN¥319.3b | CN¥2.4t | CN¥29.4b | 17.3x | 10.9x | 0.1x |
| Sat, 23 Mar 2024 | CN¥335.5b | CN¥2.6t | CN¥31.2b | 19.7x | 10.8x | 0.1x |
| Mon, 19 Feb 2024 | CN¥308.7b | CN¥2.6t | CN¥31.1b | 17.7x | 9.9x | 0.1x |
| Wed, 17 Jan 2024 | CN¥340.3b | CN¥2.6t | CN¥31.1b | 21x | 11x | 0.1x |
| Fri, 15 Dec 2023 | CN¥358.0b | CN¥2.6t | CN¥30.0b | 21.1x | 11.9x | 0.1x |
| Sun, 12 Nov 2023 | CN¥360.1b | CN¥2.6t | CN¥30.9b | 19.4x | 11.7x | 0.1x |
| Tue, 10 Oct 2023 | CN¥369.8b | CN¥2.6t | CN¥23.3b | 20.7x | 15.9x | 0.1x |
| Thu, 07 Sep 2023 | CN¥386.7b | CN¥2.6t | CN¥23.0b | 21.1x | 16.8x | 0.2x |
| Sat, 05 Aug 2023 | CN¥395.0b | CN¥2.6t | CN¥25.8b | 23.9x | 15.3x | 0.2x |
| Mon, 03 Jul 2023 | CN¥376.9b | CN¥2.6t | CN¥25.7b | 22x | 14.7x | 0.1x |
| Wed, 31 May 2023 | CN¥371.2b | CN¥2.6t | CN¥25.3b | 22.3x | 14.7x | 0.1x |
| Fri, 28 Apr 2023 | CN¥376.9b | CN¥2.6t | CN¥24.4b | 23.2x | 15.5x | 0.1x |
| Sun, 26 Mar 2023 | CN¥350.9b | CN¥2.4t | CN¥23.1b | 27x | 15.2x | 0.1x |
| Tue, 21 Feb 2023 | CN¥360.6b | CN¥2.4t | CN¥23.0b | 27x | 15.6x | 0.1x |
| Thu, 19 Jan 2023 | CN¥356.9b | CN¥2.4t | CN¥23.1b | 30.5x | 15.5x | 0.1x |
| Sat, 17 Dec 2022 | CN¥362.3b | CN¥2.4t | CN¥23.1b | 32.6x | 15.7x | 0.1x |
| Mon, 14 Nov 2022 | CN¥364.7b | CN¥2.4t | CN¥23.1b | 28.9x | 15.8x | 0.1x |
| Wed, 12 Oct 2022 | CN¥364.2b | CN¥2.4t | CN¥23.9b | 21.6x | 15.2x | 0.2x |
| Fri, 09 Sep 2022 | CN¥391.9b | CN¥2.3t | CN¥23.3b | 26.3x | 16.8x | 0.2x |
| Sun, 07 Aug 2022 | CN¥360.8b | CN¥2.4t | CN¥23.0b | 26.9x | 15.7x | 0.2x |
| Tue, 05 Jul 2022 | CN¥390.7b | CN¥2.4t | CN¥22.8b | 27.8x | 17.2x | 0.2x |
| Thu, 02 Jun 2022 | CN¥378.3b | CN¥2.4t | CN¥22.8b | 26.1x | 16.6x | 0.2x |
| Sat, 30 Apr 2022 | CN¥340.2b | CN¥2.3t | CN¥20.9b | 25.2x | 16.3x | 0.1x |
| Mon, 28 Mar 2022 | CN¥345.8b | CN¥2.2t | CN¥17.0b | 29x | 20.3x | 0.2x |
| Wed, 23 Feb 2022 | CN¥329.1b | CN¥2.2t | CN¥13.6b | 28.1x | 24.1x | 0.2x |
| Fri, 21 Jan 2022 | CN¥331.6b | CN¥2.2t | CN¥13.8b | 30.6x | 24.1x | 0.2x |
| Sun, 19 Dec 2021 | CN¥343.4b | CN¥2.2t | CN¥13.8b | 30.8x | 24.9x | 0.2x |
| Tue, 16 Nov 2021 | CN¥310.4b | CN¥2.2t | CN¥13.8b | 26.8x | 22.5x | 0.1x |
| Thu, 14 Oct 2021 | CN¥317.8b | CN¥2.0t | CN¥11.6b | 23.1x | 27.4x | 0.2x |
| Sat, 11 Sep 2021 | CN¥353.0b | CN¥2.0t | CN¥11.6b | 28.9x | 30.4x | 0.2x |
| Mon, 09 Aug 2021 | CN¥310.6b | CN¥2.0t | CN¥11.6b | 28.4x | 26.8x | 0.2x |
| Sun, 02 May 2021 | CN¥271.7b | CN¥1.8t | CN¥5.8b | 27.1x | 47.2x | 0.2x |
Price to Earnings Ratio
47.2x
Current Industry PE
- Investors are pessimistic on the Chinese Trade Distributors industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.9x which is lower than its 3-year average PE of 19.3x.
- The industry is trading close to its 3-year average PS ratio of 0.15x.
Past Earnings Growth
- The earnings for companies in the Trade Distributors industry have grown 72% per year over the last three years.
- Revenues for these companies have grown 11% 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 Industrials industry?
| CN Market | -0.42% | |
| Industrials | -0.78% | |
| Trade Distributors | -3.89% | |
| Trade Companies and Distributors | -3.89% | |
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 | |
|---|---|---|---|---|---|
| 603613 Beijing United Information TechnologyLtd | CN¥22.19 | 11.9% +CN¥1.7b | -47.0% | PE11.1x | |
| 600753 GEN-S POWER GroupLtd | CN¥7.50 | 17.0% +CN¥251.0m | -26.7% | PS2.3x | |
| 2102 Guanfu Holding | CN¥2.56 | 2.8% +CN¥184.3m | -31.6% | PE26x | |
| 600180 CCS Supply Chain Management | CN¥4.87 | 3.2% +CN¥161.7m | -17.2% | PE10.9x | |
| 300022 Gifore Agricultural Science & Technology ServiceLtd | CN¥4.01 | 6.6% +CN¥124.3m | -11.7% | PE110.4x |
