Chinese (SSE) Basic Materials Industry Analysis
- 7D-5.3%
- 3M1.2%
- 1Y-1.8%
- YTD-4.3%
Over the last 7 days, the Basic Materials industry has dropped 5.3%, driven by a pullback from Xinjiang Tianshan Cement of 6.6%. As for the longer term, the industry's performance has been flat for the past year.
Industry Valuation and Performance
Has the Chinese Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 19 Jan 2022 | CN„626.5b | CN„308.7b | CN„35.8b | 17.5x |
| Fri, 17 Dec 2021 | CN„618.6b | CN„308.7b | CN„35.8b | 17.9x |
| Sun, 14 Nov 2021 | CN„578.2b | CN„308.7b | CN„35.8b | 16.9x |
| Tue, 12 Oct 2021 | CN„495.1b | CN„290.1b | CN„35.3b | 17.2x |
| Thu, 09 Sep 2021 | CN„553.2b | CN„290.1b | CN„35.3b | 20.2x |
| Sat, 07 Aug 2021 | CN„488.6b | CN„289.1b | CN„35.2b | 16.9x |
| Fri, 30 Apr 2021 | CN„501.6b | CN„283.2b | CN„34.5b | 18.8x |
| Mon, 01 Feb 2021 | CN„456.1b | CN„253.2b | CN„30.2b | 17.7x |
| Thu, 05 Nov 2020 | CN„417.6b | CN„315.5b | CN„27.8b | 18.9x |
| Sun, 09 Aug 2020 | CN„465.7b | CN„310.8b | CN„26.3b | 20.3x |
| Sat, 02 May 2020 | CN„375.4b | CN„232.6b | CN„25.0b | 20.5x |
| Tue, 04 Feb 2020 | CN„316.1b | CN„243.2b | CN„27.4b | 19.5x |
| Fri, 08 Nov 2019 | CN„284.7b | CN„234.4b | CN„26.4b | 19x |
| Thu, 01 Aug 2019 | CN„293.8b | CN„227.6b | CN„25.4b | 15.6x |
| Sun, 05 May 2019 | CN„309.8b | CN„220.0b | CN„24.1b | 19x |
| Wed, 06 Feb 2019 | CN„243.3b | CN„213.3b | CN„22.0b | 15.7x |
15.7x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.3x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Basic Materials industry have grown 18% per year over the last three years, and revenues for these companies have grown 13% 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 Basic Materials industry?
| Construction Materials | -5.27% | |
Industry PE: Investors are most optimistic about the Construction Materials industry, which is trading close to its 3-year average PE ratio of 18.3x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings growth of 3.0% per year.
Forecasted Growth: Analysts are most optimistic on the Construction Materials industry, expecting annual earnings growth of 21% over the next 5 years. This is better than it's past earnings growth rate of 3.0% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2271 Beijing Oriental Yuhong Waterproof Technology | CN„51.10 | 4.5% +CN„5.5b | 7.0% | PE32.7x | |
| 546 Jinyuan EP | CN„14.88 | 3.0% +CN„343.5m | 112.9% | PE28.1x | |
| 2596 Hainan RuiZe New Building MaterialLtd | CN„3.85 | 0.8% +CN„34.4m | -33.0% | PS1.4x | |
| 605086 Longyan Kaolin Clay | CN„24.40 | 0.8% +CN„25.6m | n/a | PE31.7x | |
| 2785 Xiamen Wanli Stone StockLtd | CN„27.33 | 0.4% +CN„20.0m | 44.4% | PE232.1x |