Is Shenzhen Special Economic Zone Real Estate & Properties (Group) (SZSE:000029) A Risky Investment?
Feb 13
Have your own idea? Try our Stock Screener
Chinese (SSE) Real Estate Sector Analysis
UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies125
- 7D1.9%
- 3M-8.0%
- 1Y7.2%
- YTD-0.09%
The Real Estate industry is up 1.9% in the last week, with China Vanke up 5.3%. In the last 12 months, the industry was up 7.2%. Earnings are forecast to grow by 30% annually.
Sector Valuation and Performance
Has the Chinese Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 16 Feb 2025 | CN¥1.3t | CN¥2.2t | -CN¥57,995,911,654.94 | 45.3x | -22.7x | 0.6x |
| Tue, 14 Jan 2025 | CN¥1.3t | CN¥2.2t | -CN¥56,935,904,257.86 | 43.9x | -22.1x | 0.6x |
| Thu, 12 Dec 2024 | CN¥1.5t | CN¥2.2t | -CN¥57,995,913,318.91 | 47.3x | -26.1x | 0.7x |
| Sat, 09 Nov 2024 | CN¥1.6t | CN¥2.2t | -CN¥57,624,078,900.95 | 43.8x | -27.2x | 0.7x |
| Mon, 07 Oct 2024 | CN¥1.4t | CN¥2.3t | -CN¥42,969,517,989.77 | 45.3x | -33.6x | 0.6x |
| Wed, 04 Sep 2024 | CN¥1.1t | CN¥2.4t | -CN¥22,784,543,152.01 | 34x | -46.5x | 0.4x |
| Fri, 02 Aug 2024 | CN¥1.1t | CN¥2.5t | -CN¥8,095,260,349.89 | 27.9x | -136.8x | 0.4x |
| Sun, 30 Jun 2024 | CN¥1.1t | CN¥2.6t | -CN¥13,834,047,327.63 | 31.6x | -79.8x | 0.4x |
| Tue, 28 May 2024 | CN¥1.3t | CN¥2.6t | -CN¥23,411,780,864.88 | 37.9x | -56.7x | 0.5x |
| Thu, 25 Apr 2024 | CN¥1.1t | CN¥2.6t | -CN¥13,228,390,942.47 | 21.4x | -85.3x | 0.4x |
| Sat, 23 Mar 2024 | CN¥1.3t | CN¥2.7t | -CN¥11,822,354,529.05 | 21.5x | -107.8x | 0.5x |
| Mon, 19 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥13,493,458,432.52 | 18.1x | -91.4x | 0.5x |
| Wed, 17 Jan 2024 | CN¥1.3t | CN¥2.7t | -CN¥25,609,673,218.00 | 21.1x | -50.7x | 0.5x |
| Fri, 15 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,295,117,300.00 | 21.3x | -51.4x | 0.5x |
| Sun, 12 Nov 2023 | CN¥1.5t | CN¥2.7t | -CN¥27,266,238,852.00 | 20.4x | -53.2x | 0.5x |
| Tue, 10 Oct 2023 | CN¥1.5t | CN¥2.7t | -CN¥15,104,061,496.00 | 20.4x | -98.4x | 0.5x |
| Thu, 07 Sep 2023 | CN¥1.7t | CN¥2.7t | -CN¥12,859,234,687.00 | 21.7x | -128.6x | 0.6x |
| Sat, 05 Aug 2023 | CN¥1.8t | CN¥2.7t | -CN¥11,974,131,743.00 | 26.5x | -147.3x | 0.7x |
| Mon, 03 Jul 2023 | CN¥1.5t | CN¥2.6t | -CN¥1,170,412,974.00 | 22.2x | -1303.6x | 0.6x |
| Wed, 31 May 2023 | CN¥1.5t | CN¥2.6t | CN¥52.7m | 21.3x | 28997.2x | 0.6x |
| Fri, 28 Apr 2023 | CN¥1.6t | CN¥2.6t | CN¥10.5b | 24.5x | 148.5x | 0.6x |
| Sun, 26 Mar 2023 | CN¥1.6t | CN¥2.6t | CN¥19.1b | 26.3x | 85.3x | 0.6x |
| Tue, 21 Feb 2023 | CN¥1.7t | CN¥2.6t | CN¥23.7b | 23.7x | 72.8x | 0.7x |
| Thu, 19 Jan 2023 | CN¥1.7t | CN¥2.6t | CN¥24.4b | 21.9x | 70.6x | 0.7x |
| Sat, 17 Dec 2022 | CN¥1.8t | CN¥2.6t | CN¥33.0b | 24.2x | 54.6x | 0.7x |
| Mon, 14 Nov 2022 | CN¥1.7t | CN¥2.6t | CN¥33.1b | 23.2x | 50x | 0.6x |
| Wed, 12 Oct 2022 | CN¥1.6t | CN¥2.7t | CN¥64.1b | 19.5x | 25.4x | 0.6x |
| Fri, 09 Sep 2022 | CN¥1.8t | CN¥2.6t | CN¥54.6b | 23.8x | 32.2x | 0.7x |
| Sun, 07 Aug 2022 | CN¥1.6t | CN¥2.8t | CN¥37.7b | 20.1x | 43.7x | 0.6x |
| Tue, 05 Jul 2022 | CN¥1.8t | CN¥2.8t | CN¥40.1b | 20x | 44.3x | 0.6x |
| Thu, 02 Jun 2022 | CN¥1.7t | CN¥3.0t | CN¥52.9b | 21.8x | 32.6x | 0.6x |
| Sat, 30 Apr 2022 | CN¥1.9t | CN¥3.1t | CN¥110.1b | 15.5x | 16.8x | 0.6x |
| Mon, 28 Mar 2022 | CN¥1.9t | CN¥3.1t | CN¥156.4b | 15.3x | 11.9x | 0.6x |
| Wed, 23 Feb 2022 | CN¥1.9t | CN¥3.1t | CN¥162.0b | 13.8x | 11.6x | 0.6x |
Price to Earnings Ratio
11.6x
Current Industry PE
- Investors are relatively neutral on the Chinese Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 11% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate sector?
| CN Market | 1.46% | |
| Real Estate | 1.89% | |
| Industrial REITs | 3.45% | |
| Specialized REITs | 2.87% | |
| Real Estate | 1.86% | |
| REITS | 0% | 0 |
| Residential REITs | 0% | 0 |
| Hotel and Resort REITs | 0% | 0 |
| Health Care REITs | 0% | 0 |
| Retail REITs | 0% | 0 |
| Office REITs | 0% | 0 |
Industry PE
- Investors are most optimistic about the Industrial REITs industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 8.0%, which is lower than the prior year's growth of 8.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Industrial REITs industry is expected to see its earnings decline by 8.0% 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 | |
|---|---|---|---|---|---|
| 000002 China Vanke | CN¥7.81 | 5.3% +CN¥4.6b | -22.4% | PS0.2x | |
| 002244 Hangzhou Binjiang Real Estate GroupLtd | CN¥9.70 | 10.4% +CN¥2.8b | 28.5% | PE17.9x | |
| 000029 Shenzhen Special Economic Zone Real Estate & Properties (Group) | CN¥16.03 | 13.3% +CN¥1.9b | 47.5% | PS42.1x | |
| 601155 Seazen Holdings | CN¥12.27 | 5.2% +CN¥1.4b | 26.0% | PS0.3x | |
| 600340 China Fortune Land Development | CN¥2.70 | 13.4% +CN¥1.2b | 98.5% | PS0.3x |
