Western Region Gold Co., Ltd. (SHSE:601069) Investors Are Less Pessimistic Than Expected
Apr 22
Chinese (SSE) Gold Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies8
- 7D-4.9%
- 3M35.1%
- 1Y3.3%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 5.7%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 10%. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Chinese Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CN¥252.8b | CN¥201.6b | CN¥6.7b | 36.8x | 38x | 1.3x |
| Fri, 22 Mar 2024 | CN¥228.8b | CN¥192.8b | CN¥5.1b | 50.5x | 44.9x | 1.2x |
| Sun, 18 Feb 2024 | CN¥189.8b | CN¥192.8b | CN¥5.1b | 43.2x | 37.3x | 1x |
| Tue, 16 Jan 2024 | CN¥196.0b | CN¥193.6b | CN¥5.0b | 40.8x | 39.6x | 1x |
| Thu, 14 Dec 2023 | CN¥202.1b | CN¥193.6b | CN¥5.0b | 40.6x | 40.8x | 1x |
| Sat, 11 Nov 2023 | CN¥208.1b | CN¥194.3b | CN¥4.8b | 36.9x | 43.3x | 1.1x |
| Mon, 09 Oct 2023 | CN¥222.5b | CN¥183.2b | CN¥3.9b | 68.7x | 56.4x | 1.2x |
| Wed, 06 Sep 2023 | CN¥230.3b | CN¥183.7b | CN¥4.4b | 80.2x | 52.5x | 1.3x |
| Fri, 04 Aug 2023 | CN¥221.8b | CN¥175.0b | CN¥3.9b | 81.7x | 57.4x | 1.3x |
| Sun, 02 Jul 2023 | CN¥210.1b | CN¥175.0b | CN¥3.9b | 74.7x | 54.4x | 1.2x |
| Tue, 30 May 2023 | CN¥221.5b | CN¥175.0b | CN¥3.9b | 82.8x | 57.3x | 1.3x |
| Thu, 27 Apr 2023 | CN¥238.0b | CN¥123.9b | CN¥4.2b | 70.7x | 56.7x | 1.9x |
| Sat, 25 Mar 2023 | CN¥221.7b | CN¥172.7b | CN¥4.5b | 61.1x | 49.2x | 1.3x |
| Mon, 20 Feb 2023 | CN¥181.7b | CN¥165.4b | CN¥4.3b | 52.6x | 41.9x | 1.1x |
| Wed, 18 Jan 2023 | CN¥185.9b | CN¥165.4b | CN¥4.3b | 55x | 42.8x | 1.1x |
| Fri, 16 Dec 2022 | CN¥180.6b | CN¥165.4b | CN¥4.3b | 54x | 41.6x | 1.1x |
| Sun, 13 Nov 2022 | CN¥191.7b | CN¥165.4b | CN¥4.3b | 56.2x | 44.2x | 1.2x |
| Tue, 11 Oct 2022 | CN¥169.0b | CN¥158.6b | CN¥4.7b | 47.2x | 36.3x | 1.1x |
| Thu, 08 Sep 2022 | CN¥173.2b | CN¥158.6b | CN¥4.8b | 45.5x | 36.2x | 1.1x |
| Sat, 06 Aug 2022 | CN¥175.8b | CN¥152.3b | CN¥1.8b | 54.5x | 95.2x | 1.2x |
| Mon, 04 Jul 2022 | CN¥167.1b | CN¥152.9b | CN¥1.8b | 44.5x | 92.8x | 1.1x |
| Wed, 01 Jun 2022 | CN¥164.9b | CN¥152.9b | CN¥1.8b | 45x | 89.9x | 1.1x |
| Fri, 29 Apr 2022 | CN¥160.6b | CN¥152.7b | CN¥1.2b | 97.4x | 132.2x | 1.1x |
| Sun, 27 Mar 2022 | CN¥189.6b | CN¥140.6b | -CN¥1,045,369,331.00 | 32.6x | -181.4x | 1.3x |
| Tue, 22 Feb 2022 | CN¥178.8b | CN¥138.8b | -CN¥1,002,209,508.00 | 28.1x | -178.4x | 1.3x |
| Thu, 20 Jan 2022 | CN¥173.9b | CN¥138.6b | -CN¥984,630,281.00 | 29.5x | -176.6x | 1.3x |
| Sat, 18 Dec 2021 | CN¥175.7b | CN¥138.6b | -CN¥984,630,281.00 | 31.4x | -178.4x | 1.3x |
| Mon, 15 Nov 2021 | CN¥186.9b | CN¥138.6b | -CN¥984,630,281.00 | 35x | -189.8x | 1.3x |
| Wed, 13 Oct 2021 | CN¥166.8b | CN¥152.8b | -CN¥378,185,015.00 | 29.1x | -441x | 1.1x |
| Fri, 10 Sep 2021 | CN¥186.9b | CN¥152.8b | -CN¥378,185,014.00 | 33.3x | -494.3x | 1.2x |
| Sun, 08 Aug 2021 | CN¥165.5b | CN¥152.8b | -CN¥378,185,014.00 | 28.7x | -437.5x | 1.1x |
| Sat, 01 May 2021 | CN¥175.2b | CN¥164.7b | CN¥1.2b | 46x | 146.5x | 1.1x |
Price to Earnings Ratio
146.5x
Current Industry PE
- Investors are optimistic on the Chinese Gold industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 41.3x which is higher than its 3-year average PE of -37.9x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 77% per year over the last three years.
- Revenues for these companies have grown 7.0% 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 Gold compare with similar industries?
| CN Market | 1.63% | |
| Materials | 0.56% | |
| Metals and Mining | -1.63% | |
| Gold | -4.85% | |
| Steel | 0.025% | |
| Silver | 0% | |
| Copper | -0.60% | |
| Aluminum | -1.25% | |
| Diversified Metals and Mining | -2.75% | |
| Precious Metals and Minerals | -4.77% | |
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 | |
|---|---|---|---|---|---|
| 2721 Beijing Kingee Culture Development | CN¥2.87 | 3.6% +CN¥265.9m | -10.9% | PE11.5x |
