Chinese (SSE) Packaging Industry Analysis
UpdatedMar 27, 2023
DataAggregated Company Financials
Companies43
- 7D2.6%
- 3M4.6%
- 1Y-7.0%
- YTD3.3%
Over the last 7 days, the Packaging industry has risen 2.6%, driven by gains from Xiamen Jihong Technology of 41%. Meanwhile, Zhejiang Jiemei Electronic And Technology actually underperformed within the industry, shrinking 8.1% in the last week. In contrast, the industry has lost 7.0% in the last 12 months. As for the next few years, earnings are expected to grow by 31% per annum.
Industry Valuation and Performance
Has the Chinese Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Mar 2023 | CN¥246.3b | CN¥154.3b | CN¥8.8b | 29.3x | 27.9x | 1.6x |
| Wed, 22 Feb 2023 | CN¥254.6b | CN¥154.4b | CN¥8.7b | 30.7x | 29.3x | 1.6x |
| Fri, 20 Jan 2023 | CN¥243.6b | CN¥154.4b | CN¥8.7b | 30.2x | 28.1x | 1.6x |
| Sun, 18 Dec 2022 | CN¥238.9b | CN¥154.4b | CN¥8.7b | 28.2x | 27.5x | 1.5x |
| Tue, 15 Nov 2022 | CN¥238.2b | CN¥154.3b | CN¥8.6b | 30.7x | 27.7x | 1.5x |
| Thu, 13 Oct 2022 | CN¥220.7b | CN¥149.6b | CN¥9.2b | 27.2x | 24x | 1.5x |
| Sat, 10 Sep 2022 | CN¥241.9b | CN¥149.5b | CN¥9.2b | 31.5x | 26.4x | 1.6x |
| Mon, 08 Aug 2022 | CN¥242.0b | CN¥147.4b | CN¥9.7b | 29.6x | 24.9x | 1.6x |
| Wed, 06 Jul 2022 | CN¥234.0b | CN¥147.4b | CN¥9.8b | 28.2x | 24x | 1.6x |
| Fri, 03 Jun 2022 | CN¥219.7b | CN¥147.5b | CN¥9.8b | 26.3x | 22.4x | 1.5x |
| Sun, 01 May 2022 | CN¥203.1b | CN¥147.0b | CN¥10.7b | 23.9x | 19x | 1.4x |
| Tue, 29 Mar 2022 | CN¥246.7b | CN¥140.6b | CN¥11.3b | 26.7x | 21.9x | 1.8x |
| Thu, 24 Feb 2022 | CN¥279.8b | CN¥138.1b | CN¥11.1b | 33.5x | 25.2x | 2x |
| Sat, 22 Jan 2022 | CN¥528.7b | CN¥145.1b | CN¥13.3b | 34.6x | 39.7x | 3.6x |
| Mon, 20 Dec 2021 | CN¥515.6b | CN¥145.1b | CN¥13.3b | 37.2x | 38.7x | 3.6x |
| Wed, 17 Nov 2021 | CN¥517.8b | CN¥144.5b | CN¥13.2b | 30.6x | 39.1x | 3.6x |
| Fri, 15 Oct 2021 | CN¥490.0b | CN¥138.4b | CN¥12.8b | 32.1x | 38.3x | 3.5x |
| Sun, 12 Sep 2021 | CN¥514.4b | CN¥137.4b | CN¥12.5b | 31.3x | 41x | 3.7x |
| Tue, 10 Aug 2021 | CN¥471.9b | CN¥137.4b | CN¥12.5b | 29.9x | 37.6x | 3.4x |
| Mon, 03 May 2021 | CN¥354.1b | CN¥129.0b | CN¥11.4b | 33.5x | 31x | 2.7x |
| Thu, 04 Feb 2021 | CN¥336.3b | CN¥116.6b | CN¥9.8b | 34.7x | 34.5x | 2.9x |
| Sun, 08 Nov 2020 | CN¥307.6b | CN¥110.9b | CN¥7.6b | 32.6x | 40.3x | 2.8x |
| Sat, 01 Aug 2020 | CN¥299.6b | CN¥104.7b | CN¥6.9b | 35.6x | 43.2x | 2.9x |
| Tue, 05 May 2020 | CN¥224.4b | CN¥101.0b | CN¥6.7b | 33.7x | 33.4x | 2.2x |
Price to Earnings Ratio
31.7x
Current Industry PE
- Investors are pessimistic on the Chinese Packaging 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 27.9x which is lower than its 3-year average PE of 32.4x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have grown 9.5% per year over the last three years.
- Revenues for these companies have grown 15% 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 Materials industry?
| CN Market | 1.87% | |
| Materials | 0.49% | |
| Packaging | 2.55% | |
| Metal and Glass Containers | 2.89% | |
| Paper Packaging | 2.38% | |
Industry PE
- Investors are most optimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average PE ratio of 32.2x.
- Analysts are expecting annual earnings growth of 28.5%, which is higher than its past year's earnings decline of 6.0% per year.
- Investors are most pessimistic about the Paper Packaging industry, which is trading below its 3-year average of 32.5x.
Forecasted Growth
- Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 27% per year.
- In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 28% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2803 Xiamen Jihong Technology | CN¥24.29 | 41.2% +CN¥2.6b | 66.4% | PE50.8x | |
| 600210 Shanghai Zijiang Enterprise Group | CN¥5.77 | 6.3% +CN¥515.7m | -3.5% | PE14.5x | |
| 659 Zhuhai Zhongfu EnterpriseLtd | CN¥3.53 | 11.0% +CN¥450.0m | 0% | PS3.4x | |
| 2243 Shenzhen Leaguer | CN¥9.32 | 4.1% +CN¥447.9m | -14.3% | PE27.1x | |
| 2585 Jiangsu Shuangxing Color Plastic New Materials | CN¥12.91 | 2.5% +CN¥352.6m | -34.7% | PE12.4x |