Chinese (SSE) Paper and Forestry Products Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies34
- 7D-1.8%
- 3M3.5%
- 1Y10.8%
- YTD-4.1%
Over the last 7 days, the Paper and Forestry Products industry has dropped 1.8%, driven by Yueyang Forest & Paper declining 7.2%. Over the past 12 months, the industry was up 11%. Looking forward, earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the Chinese Paper and Forestry Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | CN¥203.2b | CN¥205.1b | CN¥694.4m | 35.3x | 292.7x | 1x |
| Thu, 24 Aug 2023 | CN¥193.9b | CN¥208.6b | CN¥2.3b | 30.6x | 82.9x | 0.9x |
| Sat, 22 Jul 2023 | CN¥201.3b | CN¥210.3b | CN¥2.5b | 25.3x | 81.1x | 1x |
| Mon, 19 Jun 2023 | CN¥198.3b | CN¥210.3b | CN¥2.5b | 24.1x | 79.9x | 0.9x |
| Wed, 17 May 2023 | CN¥200.5b | CN¥210.7b | CN¥2.4b | 25.7x | 82.7x | 1x |
| Fri, 14 Apr 2023 | CN¥205.5b | CN¥214.3b | CN¥7.6b | 23.8x | 27x | 1x |
| Sun, 12 Mar 2023 | CN¥215.3b | CN¥213.5b | CN¥6.7b | 24.8x | 32.1x | 1x |
| Tue, 07 Feb 2023 | CN¥253.6b | CN¥219.1b | CN¥11.4b | 26.2x | 22.3x | 1.2x |
| Thu, 05 Jan 2023 | CN¥248.8b | CN¥219.1b | CN¥11.4b | 26.4x | 21.9x | 1.1x |
| Sat, 03 Dec 2022 | CN¥242.1b | CN¥219.1b | CN¥11.4b | 24.6x | 21.3x | 1.1x |
| Mon, 31 Oct 2022 | CN¥219.6b | CN¥219.5b | CN¥11.5b | 23.2x | 19.1x | 1x |
| Wed, 28 Sep 2022 | CN¥229.0b | CN¥215.3b | CN¥11.5b | 22.8x | 20x | 1.1x |
| Fri, 26 Aug 2022 | CN¥245.2b | CN¥209.6b | CN¥13.8b | 24.5x | 17.8x | 1.2x |
| Sun, 24 Jul 2022 | CN¥254.1b | CN¥206.1b | CN¥11.8b | 27.1x | 21.5x | 1.2x |
| Tue, 21 Jun 2022 | CN¥254.9b | CN¥211.4b | CN¥11.9b | 24.1x | 21.4x | 1.2x |
| Thu, 19 May 2022 | CN¥233.9b | CN¥211.3b | CN¥11.9b | 22.1x | 19.7x | 1.1x |
| Sat, 16 Apr 2022 | CN¥243.4b | CN¥209.2b | CN¥14.5b | 21.5x | 16.8x | 1.2x |
| Mon, 14 Mar 2022 | CN¥271.1b | CN¥209.3b | CN¥14.2b | 20.3x | 19.1x | 1.3x |
| Wed, 09 Feb 2022 | CN¥261.8b | CN¥201.9b | CN¥15.1b | 21.1x | 17.3x | 1.3x |
| Fri, 07 Jan 2022 | CN¥284.4b | CN¥201.9b | CN¥15.1b | n/a | 18.8x | 1.4x |
| Sun, 05 Dec 2021 | CN¥288.4b | CN¥201.8b | CN¥15.1b | 22.2x | 19.1x | 1.4x |
| Tue, 02 Nov 2021 | CN¥268.1b | CN¥202.8b | CN¥15.3b | 18.8x | 17.5x | 1.3x |
| Thu, 30 Sep 2021 | CN¥266.9b | CN¥193.3b | CN¥15.6b | 21.9x | 17.1x | 1.4x |
| Sat, 28 Aug 2021 | CN¥275.6b | CN¥193.1b | CN¥15.5b | 25.1x | 17.8x | 1.4x |
| Sun, 04 Jul 2021 | CN¥266.4b | CN¥193.1b | CN¥15.5b | 23.2x | 17.2x | 1.4x |
| Wed, 07 Apr 2021 | CN¥259.4b | CN¥183.0b | CN¥11.9b | 24.9x | 21.7x | 1.4x |
| Sat, 09 Jan 2021 | CN¥231.0b | CN¥164.5b | CN¥8.1b | 26x | 28.4x | 1.4x |
| Fri, 02 Oct 2020 | CN¥191.1b | CN¥153.1b | CN¥5.5b | 23.9x | 35x | 1.2x |
Price to Earnings Ratio
35x
Current Industry PE
- Investors are optimistic on the Chinese Forestry industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 293x which is higher than its 3-year average PE of 35.9x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 50% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% 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 Trends
Which industries have driven the changes within the Chinese Materials industry?
| CN Market | -0.76% | |
| Materials | -1.95% | |
| Paper and Forestry Products | -1.82% | |
| Paper Products | -1.31% | |
| Forestry Products | -3.81% | |
Industry PE
- Investors are most optimistic about the Forestry Products industry which is trading above its 3-year average PE ratio of 121x.
- Analysts are expecting annual earnings growth of 32.7%, which is higher than its past year's earnings decline of 56.0% per year.
- Investors are most pessimistic about the Paper Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 31.3x.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 33% 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 | |
|---|---|---|---|---|---|
| 605377 Hangzhou Huawang New Material TechnologyLtd | CN¥22.29 | 3.8% +CN¥266.6m | 28.1% | PE15.4x | |
| 600076 Kangxin New Materials | CN¥2.76 | 4.9% +CN¥174.8m | -6.4% | PS15.6x | |
| 603863 GuangDong SongYang Recycle ResourcesLTD | CN¥21.91 | 1.9% +CN¥83.9m | 128.0% | PS6x | |
| 2235 Xiamen anneltd | CN¥8.32 | 1.6% +CN¥74.5m | 93.9% | PS16.3x | |
| 2679 Fujian Jinsen ForestryLtd | CN¥14.17 | 1.9% +CN¥63.7m | 41.6% | PE280.1x |