Zhuhai Zhongfu Enterprise Co.,Ltd's (SZSE:000659) Shares Climb 28% But Its Business Is Yet to Catch Up
Jul 24
Chinese (SSE) Metal and Glass Containers Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies17
- 7D-2.1%
- 3M-13.0%
- 1Y-25.5%
- YTDn/a
Over the last 7 days, the Metal and Glass Containers industry has dropped 2.8%, driven by a pullback from ORG TechnologyLtd of 4.5%. On the other hand Suzhou Yangtze New Materials is actually up 11%. However, the industry is down 27% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Chinese Metal and Glass Containers Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥59.5b | CN¥57.3b | CN¥2.8b | 22.9x | 21.3x | 1x |
| Sun, 23 Jun 2024 | CN¥65.3b | CN¥57.3b | CN¥2.8b | 26.3x | 23.4x | 1.1x |
| Tue, 21 May 2024 | CN¥72.8b | CN¥57.2b | CN¥2.8b | 30.1x | 26.1x | 1.3x |
| Thu, 18 Apr 2024 | CN¥68.3b | CN¥57.1b | CN¥2.3b | 23.3x | 29.5x | 1.2x |
| Sat, 16 Mar 2024 | CN¥70.3b | CN¥57.8b | CN¥2.5b | 20x | 27.6x | 1.2x |
| Mon, 12 Feb 2024 | CN¥60.3b | CN¥57.8b | CN¥2.5b | 15.6x | 23.7x | 1x |
| Wed, 10 Jan 2024 | CN¥73.4b | CN¥57.8b | CN¥2.5b | 22.2x | 28.8x | 1.3x |
| Fri, 08 Dec 2023 | CN¥75.7b | CN¥57.8b | CN¥2.5b | 23.7x | 29.7x | 1.3x |
| Sun, 05 Nov 2023 | CN¥74.6b | CN¥57.6b | CN¥2.5b | 24.7x | 29.4x | 1.3x |
| Tue, 03 Oct 2023 | CN¥78.4b | CN¥58.8b | CN¥2.5b | 25.7x | 31.4x | 1.3x |
| Thu, 31 Aug 2023 | CN¥80.2b | CN¥58.8b | CN¥2.5b | 25.1x | 32.1x | 1.4x |
| Sat, 29 Jul 2023 | CN¥79.3b | CN¥57.8b | CN¥2.1b | 28.2x | 37.2x | 1.4x |
| Mon, 26 Jun 2023 | CN¥74.6b | CN¥58.0b | CN¥2.2b | 27.4x | 34.3x | 1.3x |
| Wed, 24 May 2023 | CN¥77.6b | CN¥58.1b | CN¥2.2b | 26.7x | 35.5x | 1.3x |
| Fri, 21 Apr 2023 | CN¥79.7b | CN¥57.8b | CN¥2.4b | 27x | 33.6x | 1.4x |
| Sun, 19 Mar 2023 | CN¥81.6b | CN¥57.7b | CN¥2.3b | 27.9x | 35.2x | 1.4x |
| Tue, 14 Feb 2023 | CN¥84.9b | CN¥58.1b | CN¥2.3b | 26.4x | 36.4x | 1.5x |
| Thu, 12 Jan 2023 | CN¥78.1b | CN¥58.1b | CN¥2.3b | 24.3x | 33.5x | 1.3x |
| Sat, 10 Dec 2022 | CN¥79.5b | CN¥58.1b | CN¥2.3b | 26.3x | 34.1x | 1.4x |
| Mon, 07 Nov 2022 | CN¥77.6b | CN¥57.9b | CN¥2.3b | 26.8x | 33.3x | 1.3x |
| Wed, 05 Oct 2022 | CN¥72.3b | CN¥56.4b | CN¥2.5b | 24.5x | 28.7x | 1.3x |
| Fri, 02 Sep 2022 | CN¥77.7b | CN¥56.6b | CN¥2.6b | 27.9x | 30.2x | 1.4x |
| Sun, 31 Jul 2022 | CN¥82.3b | CN¥56.5b | CN¥2.8b | 31.1x | 29.4x | 1.5x |
| Tue, 28 Jun 2022 | CN¥82.6b | CN¥56.4b | CN¥2.9b | 31.4x | 28.9x | 1.5x |
| Thu, 26 May 2022 | CN¥74.3b | CN¥56.0b | CN¥3.0b | 24.5x | 25x | 1.3x |
| Sat, 23 Apr 2022 | CN¥74.4b | CN¥53.5b | CN¥3.6b | 28.2x | 20.4x | 1.4x |
| Mon, 21 Mar 2022 | CN¥86.4b | CN¥53.5b | CN¥3.6b | 30.2x | 24.2x | 1.6x |
| Wed, 16 Feb 2022 | CN¥91.9b | CN¥51.5b | CN¥3.5b | 35.9x | 26.2x | 1.8x |
| Fri, 14 Jan 2022 | CN¥101.3b | CN¥51.5b | CN¥3.5b | 39.8x | 28.8x | 2x |
| Sun, 12 Dec 2021 | CN¥103.4b | CN¥50.9b | CN¥3.4b | 37.6x | 30x | 2x |
| Tue, 09 Nov 2021 | CN¥89.5b | CN¥50.1b | CN¥3.3b | 35.3x | 26.9x | 1.8x |
| Thu, 07 Oct 2021 | CN¥84.5b | CN¥49.3b | CN¥3.4b | 36.4x | 24.9x | 1.7x |
| Sat, 04 Sep 2021 | CN¥89.1b | CN¥49.3b | CN¥3.4b | 37.9x | 26.2x | 1.8x |
| Mon, 02 Aug 2021 | CN¥81.2b | CN¥49.3b | CN¥3.4b | 34.5x | 23.9x | 1.6x |
Price to Earnings Ratio
23.9x
Current Industry PE
- Investors are pessimistic on the Chinese Metal and Glass Containers 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 21.2x which is lower than its 3-year average PE of 29.4x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Metal and Glass Containers industry have declined 6.4% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.1% 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 Metal and Glass Containers compare with similar industries?
| CN Market | -3.39% | |
| Materials | -5.63% | |
| Packaging | -3.00% | |
| Metal and Glass Containers | -2.14% | |
| Paper Packaging | -3.49% | |
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 | |
|---|---|---|---|---|---|
| 000659 Zhuhai Zhongfu EnterpriseLtd | CN¥1.80 | 10.4% +CN¥218.6m | -43.2% | PS1.9x | |
| 002652 Suzhou Yangtze New Materials | CN¥2.59 | 7.9% +CN¥97.3m | -10.1% | PE39.4x | |
| 300955 Jahen Household Products | CN¥12.20 | 3.0% +CN¥35.3m | -46.9% | PE38.7x | |
| 603021 Shandong Huapeng GlassLtd | CN¥2.51 | 4.1% +CN¥32.0m | -55.5% | PS1.5x | |
| 301198 Ningbo Joy Intelligent Logistics TechnologyLtd | CN¥7.28 | 2.0% +CN¥23.7m | -50.5% | PE39.2x |
