Time To Worry? Analysts Are Downgrading Their Gansu Shangfeng Cement Co.,Ltd (SZSE:000672) Outlook
Apr 26
Chinese (SSE) Construction Materials Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies40
- 7D-1.4%
- 3M-5.4%
- 1Y-26.2%
- YTDn/a
Over the last 7 days, the Construction Materials industry has risen 1.8%, driven by gains from China Jushi of 6.3%. Meanwhile, Beijing Oriental Yuhong Waterproof Technology actually underperformed within the industry, shrinking 9.9% in the last week. However, the industry is down 26% over the past year. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Chinese Construction Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥348.6b | CN¥384.3b | CN¥12.5b | 18.2x | 28x | 0.9x |
| Sun, 24 Mar 2024 | CN¥359.4b | CN¥391.6b | CN¥11.8b | 19.7x | 30.6x | 0.9x |
| Tue, 20 Feb 2024 | CN¥348.4b | CN¥386.8b | CN¥10.9b | 22.9x | 31.9x | 0.9x |
| Thu, 18 Jan 2024 | CN¥365.8b | CN¥386.8b | CN¥10.9b | 25.2x | 33.5x | 0.9x |
| Sat, 16 Dec 2023 | CN¥390.3b | CN¥384.4b | CN¥11.3b | 26x | 34.5x | 1x |
| Mon, 13 Nov 2023 | CN¥396.8b | CN¥383.0b | CN¥11.1b | 25.6x | 35.6x | 1x |
| Wed, 11 Oct 2023 | CN¥409.0b | CN¥393.4b | CN¥12.8b | 25.2x | 31.9x | 1x |
| Fri, 08 Sep 2023 | CN¥436.0b | CN¥393.3b | CN¥12.8b | 27.6x | 34x | 1.1x |
| Sun, 06 Aug 2023 | CN¥464.5b | CN¥406.9b | CN¥17.4b | 27.3x | 26.7x | 1.1x |
| Tue, 04 Jul 2023 | CN¥433.8b | CN¥406.5b | CN¥17.3b | 23.1x | 25.1x | 1.1x |
| Thu, 01 Jun 2023 | CN¥432.5b | CN¥406.9b | CN¥17.3b | 23.9x | 25x | 1.1x |
| Sat, 29 Apr 2023 | CN¥462.0b | CN¥410.2b | CN¥20.0b | 25.8x | 23.1x | 1.1x |
| Mon, 27 Mar 2023 | CN¥495.5b | CN¥424.9b | CN¥28.3b | 21.1x | 17.5x | 1.2x |
| Wed, 22 Feb 2023 | CN¥542.5b | CN¥445.2b | CN¥31.8b | 21.7x | 17.1x | 1.2x |
| Fri, 20 Jan 2023 | CN¥510.9b | CN¥445.8b | CN¥32.3b | 17.5x | 15.8x | 1.1x |
| Sun, 18 Dec 2022 | CN¥505.2b | CN¥445.1b | CN¥32.3b | 18.6x | 15.7x | 1.1x |
| Tue, 15 Nov 2022 | CN¥485.6b | CN¥444.3b | CN¥32.0b | 17.4x | 15.2x | 1.1x |
| Thu, 13 Oct 2022 | CN¥459.1b | CN¥459.1b | CN¥38.1b | 15.7x | 12.1x | 1x |
| Sat, 10 Sep 2022 | CN¥524.0b | CN¥459.6b | CN¥38.1b | 18.2x | 13.7x | 1.1x |
| Mon, 08 Aug 2022 | CN¥539.3b | CN¥471.5b | CN¥43.2b | 15.9x | 12.5x | 1.1x |
| Wed, 06 Jul 2022 | CN¥601.7b | CN¥472.6b | CN¥43.6b | 16.7x | 13.8x | 1.3x |
| Fri, 03 Jun 2022 | CN¥578.7b | CN¥470.6b | CN¥43.5b | 16.5x | 13.3x | 1.2x |
| Sun, 01 May 2022 | CN¥545.2b | CN¥470.7b | CN¥43.9b | 16.8x | 12.4x | 1.2x |
| Tue, 29 Mar 2022 | CN¥552.2b | CN¥471.0b | CN¥47.6b | 18.2x | 11.6x | 1.2x |
| Thu, 24 Feb 2022 | CN¥640.1b | CN¥311.3b | CN¥36.0b | 18.6x | 17.8x | 2.1x |
| Sat, 22 Jan 2022 | CN¥637.9b | CN¥308.7b | CN¥35.8b | 19.1x | 17.8x | 2.1x |
| Mon, 20 Dec 2021 | CN¥617.2b | CN¥308.7b | CN¥35.8b | 17.9x | 17.3x | 2x |
| Wed, 17 Nov 2021 | CN¥579.4b | CN¥308.7b | CN¥35.8b | 17x | 16.2x | 1.9x |
| Fri, 15 Oct 2021 | CN¥487.9b | CN¥290.7b | CN¥35.6b | 16x | 13.7x | 1.7x |
| Sun, 12 Sep 2021 | CN¥553.4b | CN¥290.1b | CN¥35.3b | 20.1x | 15.7x | 1.9x |
| Tue, 10 Aug 2021 | CN¥506.3b | CN¥289.1b | CN¥35.2b | 17x | 14.4x | 1.8x |
| Mon, 03 May 2021 | CN¥501.6b | CN¥283.2b | CN¥34.5b | 18.8x | 14.5x | 1.8x |
Price to Earnings Ratio
14.5x
Current Industry PE
- Investors are optimistic on the Chinese Construction Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 27.1x which is higher than its 3-year average PE of 20.0x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Construction Materials industry have declined 28% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% 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, which has decreased profits.
Industry Comparison
How does Chinese Construction Materials compare with similar industries?
| CN Market | -0.29% | |
| Materials | -1.63% | |
| Basic Materials | -1.36% | |
| Construction Materials | -1.36% | |
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 | |
|---|---|---|---|---|---|
| 600720 CCCC Design & Consulting Group | CN¥11.51 | 3.4% +CN¥783.4m | 4.9% | PE13.4x | |
| 600176 China Jushi | CN¥11.98 | 1.2% +CN¥560.4m | -15.8% | PE15.8x | |
| 3037 Guangdong Sanhe Pile | CN¥7.46 | 6.6% +CN¥275.6m | -36.9% | PE52.8x | |
| 600724 Ningbo Fuda | CN¥4.23 | 2.9% +CN¥173.4m | 11.6% | PE25.9x | |
| 2785 Xiamen Wanli Stone StockLtd | CN¥23.05 | 2.9% +CN¥147.3m | 20.3% | PS4.1x |
