Hainan Haiqi Transportation Group Co.,Ltd.'s (SHSE:603069) Shares Climb 30% But Its Business Is Yet to Catch Up
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Chinese (SSE) Trucking Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies7
- 7D-2.6%
- 3M14.4%
- 1Y18.3%
- YTDn/a
Over the last 7 days, the Trucking industry has dropped 4.3%, driven by Dazhong Transportation (Group) declining 1.0%. On the other hand Jiangxi Changyun is actually up 7.6%. This takes the industry's 12 month performance to a gain of 23%.
Industry Valuation and Performance
Has the Chinese Trucking Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | CN¥36.0b | CN¥8.3b | CN¥256.9m | 26.2x | 140.2x | 4.3x |
| Tue, 22 Oct 2024 | CN¥33.4b | CN¥9.0b | CN¥277.5m | 56.6x | 120.5x | 3.7x |
| Thu, 19 Sep 2024 | CN¥27.5b | CN¥9.2b | CN¥263.2m | 47.4x | 104.6x | 3x |
| Sat, 17 Aug 2024 | CN¥31.6b | CN¥9.8b | CN¥280.8m | 28.4x | 112.5x | 3.2x |
| Mon, 15 Jul 2024 | CN¥24.3b | CN¥9.8b | CN¥280.8m | 28.7x | 86.7x | 2.5x |
| Wed, 12 Jun 2024 | CN¥22.3b | CN¥9.8b | CN¥280.8m | 26.6x | 79.4x | 2.3x |
| Fri, 10 May 2024 | CN¥24.4b | CN¥9.8b | CN¥280.8m | 28.9x | 86.7x | 2.5x |
| Sun, 07 Apr 2024 | CN¥25.5b | CN¥10.2b | CN¥509.6m | 37.3x | 50x | 2.5x |
| Tue, 05 Mar 2024 | CN¥24.6b | CN¥9.9b | CN¥635.8m | 34.8x | 38.7x | 2.5x |
| Thu, 01 Feb 2024 | CN¥25.3b | CN¥9.9b | CN¥635.8m | 34.5x | 39.8x | 2.6x |
| Sat, 30 Dec 2023 | CN¥29.0b | CN¥9.9b | CN¥635.8m | 37.8x | 45.7x | 2.9x |
| Mon, 27 Nov 2023 | CN¥30.9b | CN¥9.9b | CN¥635.8m | 38.4x | 48.6x | 3.1x |
| Wed, 25 Oct 2023 | CN¥28.2b | CN¥9.1b | CN¥260.2m | 52.4x | 108.3x | 3.1x |
| Fri, 22 Sep 2023 | CN¥29.4b | CN¥9.1b | CN¥229.2m | 55.7x | 128.2x | 3.2x |
| Sun, 20 Aug 2023 | CN¥30.8b | CN¥8.3b | CN¥7.2m | 118.6x | 4274.1x | 3.7x |
| Tue, 18 Jul 2023 | CN¥31.4b | CN¥8.3b | CN¥7.2m | 127.5x | 4359.9x | 3.8x |
| Thu, 15 Jun 2023 | CN¥31.7b | CN¥8.3b | CN¥7.2m | 121.2x | 4400.8x | 3.8x |
| Sat, 13 May 2023 | CN¥31.8b | CN¥8.3b | CN¥7.2m | 117.4x | 4421x | 3.8x |
| Mon, 10 Apr 2023 | CN¥34.7b | CN¥8.4b | -CN¥235,945,319.00 | 124.8x | -147x | 4.1x |
| Wed, 08 Mar 2023 | CN¥47.5b | CN¥18.4b | -CN¥456,365,379.00 | 69x | -104.2x | 2.6x |
| Fri, 03 Feb 2023 | CN¥44.5b | CN¥18.4b | -CN¥459,076,152.00 | 69.3x | -96.9x | 2.4x |
| Sun, 01 Jan 2023 | CN¥66.9b | CN¥25.6b | CN¥318.6m | 52.5x | 210.1x | 2.6x |
| Tue, 29 Nov 2022 | CN¥63.6b | CN¥25.6b | CN¥318.6m | 55.1x | 199.7x | 2.5x |
| Thu, 27 Oct 2022 | CN¥60.9b | CN¥25.5b | CN¥620.1m | 46.2x | 98.2x | 2.4x |
| Sat, 24 Sep 2022 | CN¥62.4b | CN¥25.5b | CN¥645.0m | 50x | 96.8x | 2.4x |
| Mon, 22 Aug 2022 | CN¥68.4b | CN¥25.7b | CN¥1.2b | 66.6x | 55.6x | 2.7x |
| Wed, 20 Jul 2022 | CN¥79.5b | CN¥38.2b | CN¥1.8b | 46.5x | 44.2x | 2.1x |
| Fri, 17 Jun 2022 | CN¥84.3b | CN¥38.2b | CN¥1.8b | 47.7x | 46.9x | 2.2x |
| Sun, 15 May 2022 | CN¥68.2b | CN¥38.2b | CN¥1.8b | 38.3x | 37.2x | 1.8x |
| Tue, 12 Apr 2022 | CN¥70.3b | CN¥37.0b | CN¥901.4m | 44.3x | 78x | 1.9x |
| Thu, 10 Mar 2022 | CN¥70.2b | CN¥37.2b | CN¥1.1b | 28.4x | 66.1x | 1.9x |
| Sat, 05 Feb 2022 | CN¥56.8b | CN¥25.7b | CN¥531.6m | 32.6x | 106.8x | 2.2x |
| Mon, 03 Jan 2022 | CN¥61.5b | CN¥25.7b | CN¥531.6m | 33.9x | 115.6x | 2.4x |
| Wed, 01 Dec 2021 | CN¥55.9b | CN¥25.7b | CN¥531.6m | 32.1x | 105.1x | 2.2x |
Price to Earnings Ratio
105.1x
Current Industry PE
- Investors are pessimistic on the Chinese Trucking 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 142x which is lower than its 3-year average PE of 516x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Trucking industry have declined 22% per year over the last three years,
- Revenues have also declined 31% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Trucking compare with similar industries?
| CN Market | -2.14% | |
| Industrials | -1.50% | |
| Transportation | -2.00% | |
| Trucking | -2.56% | |
| Cargo Ground Transportation | -1.17% | |
| Railroads | -1.98% | |
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 | |
|---|---|---|---|---|---|
| 603776 Youon TechnologyLtd | CN¥15.72 | 6.6% +CN¥221.1m | 3.6% | PS7x | |
| 600561 Jiangxi Changyun | CN¥5.72 | 4.0% +CN¥62.6m | -11.6% | PS1.1x | |
| 002627 Hubei Three Gorges Tourism Group | CN¥5.14 | 0.8% +CN¥28.0m | -5.2% | PE26.2x |