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Chinese (SSE) Paper and Forestry Products Industry Analysis
UpdatedSep 20, 2024
DataAggregated Company Financials
Companies33
- 7D1.9%
- 3M-6.4%
- 1Y-22.8%
- YTD-21.1%
Over the last 7 days, the Paper and Forestry Products industry has remained flat. Unfortunately though, the industry is down 25% over the past 12 months. Earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Fri, 20 Sep 2024 | CN¥154.9b | CN¥205.1b | CN¥5.5b | 19.2x | 28.1x | 0.8x |
| Sun, 18 Aug 2024 | CN¥156.7b | CN¥205.4b | CN¥6.2b | 20.1x | 25.4x | 0.8x |
| Tue, 16 Jul 2024 | CN¥165.3b | CN¥203.9b | CN¥5.5b | 19.9x | 30.2x | 0.8x |
| Thu, 13 Jun 2024 | CN¥174.1b | CN¥204.4b | CN¥5.3b | 20.9x | 32.7x | 0.9x |
| Sat, 11 May 2024 | CN¥200.1b | CN¥205.4b | CN¥6.0b | 23.3x | 33.3x | 1x |
| Mon, 08 Apr 2024 | CN¥198.5b | CN¥202.9b | CN¥525.1m | 33.3x | 378.1x | 1x |
| Wed, 06 Mar 2024 | CN¥183.3b | CN¥203.8b | CN¥1.6b | 29x | 117.2x | 0.9x |
| Fri, 02 Feb 2024 | CN¥172.2b | CN¥203.0b | CN¥994.1m | 31.1x | 173.2x | 0.8x |
| Sun, 31 Dec 2023 | CN¥200.2b | CN¥203.0b | CN¥994.1m | 38.7x | 201.3x | 1x |
| Tue, 28 Nov 2023 | CN¥208.5b | CN¥203.0b | CN¥994.1m | 40.1x | 209.7x | 1x |
| Thu, 26 Oct 2023 | CN¥198.8b | CN¥205.1b | CN¥794.5m | 32.9x | 250.2x | 1x |
| Sat, 23 Sep 2023 | CN¥203.9b | CN¥205.1b | CN¥694.4m | 35.9x | 293.7x | 1x |
| Mon, 21 Aug 2023 | CN¥201.3b | CN¥208.9b | CN¥2.4b | 31.3x | 82.8x | 1x |
| Wed, 19 Jul 2023 | CN¥200.4b | CN¥210.3b | CN¥2.5b | 25.7x | 80.8x | 1x |
| Fri, 16 Jun 2023 | CN¥198.1b | CN¥210.3b | CN¥2.5b | 24.5x | 79.8x | 0.9x |
| Sun, 14 May 2023 | CN¥201.7b | CN¥210.6b | CN¥2.4b | 25.4x | 83.5x | 1x |
| Tue, 11 Apr 2023 | CN¥211.3b | CN¥214.2b | CN¥7.6b | 23x | 27.8x | 1x |
| Thu, 09 Mar 2023 | CN¥221.3b | CN¥210.0b | CN¥6.4b | 28.1x | 34.7x | 1.1x |
| Sat, 04 Feb 2023 | CN¥256.5b | CN¥219.1b | CN¥11.4b | 26.5x | 22.6x | 1.2x |
| Mon, 02 Jan 2023 | CN¥240.0b | CN¥219.1b | CN¥11.4b | 24.8x | 21.1x | 1.1x |
| Wed, 30 Nov 2022 | CN¥237.9b | CN¥219.1b | CN¥11.4b | 24.7x | 20.9x | 1.1x |
| Fri, 28 Oct 2022 | CN¥227.7b | CN¥218.0b | CN¥12.6b | 22.6x | 18x | 1x |
| Sun, 25 Sep 2022 | CN¥230.1b | CN¥215.3b | CN¥11.5b | 23.4x | 20.1x | 1.1x |
| Tue, 23 Aug 2022 | CN¥253.7b | CN¥209.4b | CN¥13.6b | 25.1x | 18.6x | 1.2x |
| Thu, 21 Jul 2022 | CN¥257.4b | CN¥206.1b | CN¥11.8b | 27.5x | 21.8x | 1.2x |
| Sat, 18 Jun 2022 | CN¥254.2b | CN¥211.5b | CN¥11.9b | 24x | 21.4x | 1.2x |
| Mon, 16 May 2022 | CN¥232.4b | CN¥211.0b | CN¥11.9b | 22x | 19.5x | 1.1x |
| Wed, 13 Apr 2022 | CN¥249.4b | CN¥209.2b | CN¥14.4b | 21.6x | 17.3x | 1.2x |
| Fri, 11 Mar 2022 | CN¥269.9b | CN¥205.3b | CN¥14.2b | 20.7x | 19x | 1.3x |
| Sun, 06 Feb 2022 | CN¥257.6b | CN¥201.9b | CN¥15.1b | 21.1x | 17x | 1.3x |
| Tue, 04 Jan 2022 | CN¥289.2b | CN¥202.0b | CN¥15.1b | 23x | 19.1x | 1.4x |
| Thu, 02 Dec 2021 | CN¥288.8b | CN¥201.9b | CN¥15.1b | 22.3x | 19.1x | 1.4x |
| Sat, 30 Oct 2021 | CN¥267.7b | CN¥197.3b | CN¥16.2b | 19x | 16.6x | 1.4x |
| Mon, 27 Sep 2021 | CN¥294.8b | CN¥193.2b | CN¥15.6b | 24x | 18.9x | 1.5x |
Price to Earnings Ratio
18.9x
Current Industry PE
- Investors are pessimistic on the Chinese Forestry 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 31.6x which is lower than its 3-year average PE of 70.9x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Forestry industry have declined 33% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | 0.42% | |
| Materials | 1.13% | |
| Paper and Forestry Products | 1.87% | |
| Forestry Products | 2.51% | |
| Paper Products | 1.74% | |
Industry PE
- Investors are most optimistic about the Paper Products industry even though it's trading below its 3-year average PE ratio of 67.1x.
- Analysts expect its future annual earnings growth (33.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
- Analysts are most optimistic on the Paper Products industry, expecting annual earnings growth of 33% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Forestry Products industry is expected to see its earnings grow by 9.5% 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 | |
|---|---|---|---|---|---|
| 000815 MCC Meili Cloud Computing Industry Investment | CN¥8.32 | 14.6% +CN¥737.0m | -21.7% | PS5.1x | |
| 002078 Shandong Sunpaper | CN¥11.90 | 2.1% +CN¥698.6m | -1.2% | PE9.3x | |
| 002043 DeHua TB New Decoration MaterialLtd | CN¥9.85 | 7.2% +CN¥541.8m | -4.4% | PE12.5x | |
| 603863 GuangDong SongYang Recycle ResourcesLTD | CN¥25.01 | 5.6% +CN¥270.1m | 14.5% | PS7.1x | |
| 600963 Yueyang Forest & Paper | CN¥3.91 | 4.0% +CN¥267.0m | -39.4% | PS0.9x |