Chinese (SSE) Paper and Forestry Products Industry Analysis
- 7D2.7%
- 3M-6.6%
- 1Y19.6%
- YTD15.7%
Over the last 7 days, the Paper and Forestry Products industry has risen 4.5%, driven by gains from Chengxin Lithium Group of 12%. This takes the industry's 12 month performance to a gain of 23%.
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 |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | CN¥281.4b | CN¥201.8b | CN¥15.1b | 22.3x |
| Thu, 04 Nov 2021 | CN¥270.5b | CN¥201.6b | CN¥15.1b | 20.3x |
| Sat, 02 Oct 2021 | CN¥275.5b | CN¥193.4b | CN¥15.6b | 23.1x |
| Mon, 30 Aug 2021 | CN¥276.4b | CN¥193.1b | CN¥15.5b | 24.9x |
| Tue, 06 Jul 2021 | CN¥266.4b | CN¥193.1b | CN¥15.5b | 23.2x |
| Fri, 09 Apr 2021 | CN¥259.4b | CN¥183.0b | CN¥11.9b | 24.9x |
| Thu, 31 Dec 2020 | CN¥231.0b | CN¥164.5b | CN¥8.1b | 26x |
| Sun, 04 Oct 2020 | CN¥191.1b | CN¥153.1b | CN¥5.5b | 23.9x |
| Wed, 08 Jul 2020 | CN¥168.1b | CN¥150.4b | CN¥5.4b | 23.7x |
| Tue, 31 Mar 2020 | CN¥159.5b | CN¥149.6b | CN¥6.4b | 22.2x |
| Fri, 03 Jan 2020 | CN¥169.8b | CN¥154.6b | CN¥6.8b | 25.7x |
| Mon, 07 Oct 2019 | CN¥154.3b | CN¥148.9b | CN¥6.1b | 34.7x |
| Sun, 30 Jun 2019 | CN¥165.4b | CN¥148.7b | CN¥6.5b | 40.5x |
| Wed, 03 Apr 2019 | CN¥182.9b | CN¥152.7b | CN¥8.4b | 37.8x |
| Sat, 05 Jan 2019 | CN¥145.3b | CN¥155.3b | CN¥9.6b | 29.7x |
29.7x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 22.3x which is lower than its 3-year average PE of 27.9x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Forestry industry have grown 3.7% per year over the last three years, and revenues for these companies have grown 8.6% 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 Paper and Forestry Products industry?
| Paper Products | 3.32% | |
| Forestry Products | 1.35% | |
Industry PE: Investors are most optimistic about the Forestry Products industry even though it's trading below its 3-year average PE ratio of 63.9x. However analysts are expecting annual earnings growth of 27%, which is lower than the prior year's growth of 67% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Products industry, which is trading below its 3-year average of 26.9x.
Forecasted Growth: Analysts are most optimistic on the Forestry Products industry, expecting annual earnings growth of 27% over the next 5 years. However this is lower than its past earnings growth rate of 67% per year. Meanwhile, the Paper Products industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 600963 Yueyang Forest & Paper | 10.7%+CN¥1.3b | 76.5% | PE27.1x | |
| 603733 XianheLtd | 4.4%+CN¥1.2b | 68.9% | PE24.2x | |
| 600189 Jilin Forest Industry | 12.6%+CN¥672.3m | 7.5% | PE64.9x | |
| 2078 Shandong Sunpaper | 1.6%+CN¥483.7m | -24.7% | PE9.2x | |
| 2043 DeHua TB New Decoration MaterialLtd | 7.5%+CN¥480.6m | 4.9% | PE9.4x |