Not Many Are Piling Into Hubei Geoway Investment Co.,Ltd. (SHSE:600462) Stock Yet As It Plummets 45%
May 02
Chinese (SSE) Paper Products Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies24
- 7D1.3%
- 3M22.6%
- 1Y-0.3%
- YTDn/a
Over the last 7 days, the Paper Products industry has risen 3.7%, driven by gains from Yueyang Forest & Paper of 7.3%. In the same time, Wuzhou Special Paper Group was down 5.2%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Chinese Paper Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 04 May 2024 | CN¥159.6b | CN¥188.2b | CN¥6.3b | 17.7x | 25.5x | 0.8x |
| Mon, 01 Apr 2024 | CN¥158.9b | CN¥188.7b | CN¥953.2m | 28x | 166.7x | 0.8x |
| Wed, 28 Feb 2024 | CN¥152.8b | CN¥187.0b | CN¥957.4m | 27.6x | 159.6x | 0.8x |
| Fri, 26 Jan 2024 | CN¥150.5b | CN¥186.4b | CN¥791.5m | 35.1x | 190.1x | 0.8x |
| Sun, 24 Dec 2023 | CN¥157.4b | CN¥186.4b | CN¥791.5m | 38.4x | 198.8x | 0.8x |
| Tue, 21 Nov 2023 | CN¥169.6b | CN¥186.4b | CN¥791.5m | 38.4x | 214.2x | 0.9x |
| Thu, 19 Oct 2023 | CN¥162.5b | CN¥189.2b | CN¥730.7m | 27.5x | 222.3x | 0.9x |
| Sat, 16 Sep 2023 | CN¥161.7b | CN¥189.0b | CN¥609.1m | 33x | 265.4x | 0.9x |
| Mon, 14 Aug 2023 | CN¥161.7b | CN¥194.6b | CN¥2.1b | 21.4x | 75.3x | 0.8x |
| Wed, 12 Jul 2023 | CN¥161.0b | CN¥194.5b | CN¥2.2b | 22x | 73.7x | 0.8x |
| Fri, 09 Jun 2023 | CN¥155.9b | CN¥194.5b | CN¥2.2b | 22.5x | 71.4x | 0.8x |
| Sun, 07 May 2023 | CN¥165.1b | CN¥194.9b | CN¥2.3b | 22.4x | 73.3x | 0.8x |
| Tue, 04 Apr 2023 | CN¥175.0b | CN¥198.6b | CN¥7.6b | 23.3x | 23.1x | 0.9x |
| Thu, 02 Mar 2023 | CN¥187.0b | CN¥193.7b | CN¥6.1b | 27.4x | 30.7x | 1x |
| Sat, 28 Jan 2023 | CN¥174.5b | CN¥193.7b | CN¥6.2b | 26.1x | 28x | 0.9x |
| Mon, 26 Dec 2022 | CN¥167.4b | CN¥193.7b | CN¥6.2b | 24.7x | 26.8x | 0.9x |
| Wed, 23 Nov 2022 | CN¥166.2b | CN¥193.7b | CN¥6.2b | 24.8x | 26.6x | 0.9x |
| Fri, 21 Oct 2022 | CN¥152.1b | CN¥191.3b | CN¥7.2b | 24.2x | 21.1x | 0.8x |
| Sun, 18 Sep 2022 | CN¥158.5b | CN¥191.3b | CN¥7.2b | 25.7x | 22x | 0.8x |
| Tue, 16 Aug 2022 | CN¥166.0b | CN¥184.2b | CN¥9.4b | 25.9x | 17.7x | 0.9x |
| Thu, 14 Jul 2022 | CN¥170.5b | CN¥184.2b | CN¥9.4b | 23.9x | 18.2x | 0.9x |
| Sat, 11 Jun 2022 | CN¥164.7b | CN¥189.6b | CN¥9.5b | 22.8x | 17.4x | 0.9x |
| Mon, 09 May 2022 | CN¥154.1b | CN¥189.7b | CN¥9.5b | 19.9x | 16.2x | 0.8x |
| Wed, 06 Apr 2022 | CN¥176.9b | CN¥188.1b | CN¥12.6b | 19.5x | 14x | 0.9x |
| Fri, 04 Mar 2022 | CN¥198.1b | CN¥184.8b | CN¥13.3b | 21.2x | 14.9x | 1.1x |
| Sun, 30 Jan 2022 | CN¥181.3b | CN¥182.4b | CN¥14.3b | 21.1x | 12.7x | 1x |
| Tue, 28 Dec 2021 | CN¥193.5b | CN¥182.5b | CN¥14.3b | 22.6x | 13.6x | 1.1x |
| Thu, 25 Nov 2021 | CN¥191.0b | CN¥182.3b | CN¥14.3b | 22x | 13.4x | 1x |
| Sat, 23 Oct 2021 | CN¥184.1b | CN¥175.3b | CN¥15.2b | 20.3x | 12.1x | 1.1x |
| Mon, 20 Sep 2021 | CN¥192.9b | CN¥174.5b | CN¥14.9b | 22.6x | 12.9x | 1.1x |
| Wed, 18 Aug 2021 | CN¥192.0b | CN¥174.3b | CN¥14.9b | 25.1x | 12.9x | 1.1x |
| Wed, 02 Jun 2021 | CN¥207.6b | CN¥165.9b | CN¥11.9b | 23.7x | 17.5x | 1.3x |
Price to Earnings Ratio
17.5x
Current Industry PE
- Investors are pessimistic on the Chinese Paper Products 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 26.7x which is lower than its 3-year average PE of 67.2x.
- The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
- The earnings for companies in the Paper Products industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.2% 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 Paper Products compare with similar industries?
| CN Market | 1.22% | |
| Materials | 1.10% | |
| Paper and Forestry Products | 1.59% | |
| Paper Products | 1.35% | |
| Forestry Products | 2.74% | |
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 | |
|---|---|---|---|---|---|
| 2521 Qifeng New Material | CN¥12.52 | 6.7% +CN¥390.8m | 123.2% | PE21.4x | |
| 600963 Yueyang Forest & Paper | CN¥4.87 | 4.5% +CN¥371.8m | -28.3% | PS1.1x | |
| 605377 Hangzhou Huawang New Material TechnologyLtd | CN¥22.62 | 4.9% +CN¥345.5m | 15.8% | PE12.3x | |
| 603165 Zhejiang Rongsheng Environmental Protection Paper | CN¥11.84 | 7.1% +CN¥211.2m | -15.5% | PE11.4x | |
| 488 Shandong Chenming Paper Holdings | CN¥3.84 | 1.9% +CN¥201.4m | -21.6% | PS0.4x |