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Chinese (SSE) Real Estate Sector Analysis

UpdatedFeb 29, 2024
DataAggregated Company Financials
Companies129
  • 7D-0.2%
  • 3M-11.5%
  • 1Y-29.0%
  • YTD-4.0%

Over the last 7 days, the Real Estate industry has remained flat, although notably ChengDu Hi-Tech Development gained 34%. As for the longer term, the industry has declined 29% in the last year. As for the next few years, earnings are expected to grow by 30% per annum.

Sector Valuation and Performance

Has the Chinese Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Feb 2024CN¥1.3tCN¥2.7t-CN¥13,493,459,487.4819.6x-94.3x0.5x
Sat, 27 Jan 2024CN¥1.4tCN¥2.7t-CN¥32,146,890,670.0021.8x-42.5x0.5x
Mon, 25 Dec 2023CN¥1.4tCN¥2.7t-CN¥27,296,207,435.0020.5x-49.5x0.5x
Wed, 22 Nov 2023CN¥1.5tCN¥2.7t-CN¥27,274,519,477.0021.4x-54.3x0.6x
Fri, 20 Oct 2023CN¥1.4tCN¥2.7t-CN¥15,098,494,348.0019.2x-93.6x0.5x
Sun, 17 Sep 2023CN¥1.6tCN¥2.7t-CN¥13,400,854,125.0020.9x-120.4x0.6x
Tue, 15 Aug 2023CN¥1.7tCN¥2.7t-CN¥11,942,435,736.0024.1x-140x0.6x
Thu, 13 Jul 2023CN¥1.5tCN¥2.7t-CN¥156,215,822.0021.3x-9596.4x0.6x
Sat, 10 Jun 2023CN¥1.6tCN¥2.6t-CN¥1,191,243,107.0022.6x-1330x0.6x
Mon, 08 May 2023CN¥1.7tCN¥2.6tCN¥4.1b22.1x407.3x0.6x
Wed, 05 Apr 2023CN¥1.6tCN¥2.6tCN¥19.5b25.2x83.1x0.6x
Fri, 03 Mar 2023CN¥1.7tCN¥2.6tCN¥23.8b24x72.5x0.7x
Sun, 29 Jan 2023CN¥1.7tCN¥2.6tCN¥23.7b22.4x73.4x0.7x
Tue, 27 Dec 2022CN¥1.7tCN¥2.6tCN¥33.0b22.7x52.1x0.7x
Thu, 24 Nov 2022CN¥1.6tCN¥2.6tCN¥33.1b22.7x49.5x0.6x
Sat, 22 Oct 2022CN¥1.6tCN¥2.7tCN¥51.2b19.7x31.4x0.6x
Mon, 19 Sep 2022CN¥1.7tCN¥2.7tCN¥65.4b23.2x26.7x0.6x
Wed, 17 Aug 2022CN¥1.7tCN¥2.8tCN¥37.0b20.7x45.8x0.6x
Fri, 15 Jul 2022CN¥1.7tCN¥2.8tCN¥40.4b19.1x42.3x0.6x
Sun, 12 Jun 2022CN¥1.7tCN¥3.0tCN¥52.9b21.6x32.1x0.6x
Tue, 10 May 2022CN¥1.8tCN¥3.0tCN¥50.4b20x34.7x0.6x
Thu, 07 Apr 2022CN¥2.1tCN¥3.1tCN¥133.3b18x15.9x0.7x
Sat, 05 Mar 2022CN¥1.9tCN¥3.1tCN¥156.5b13.4x11.8x0.6x
Mon, 31 Jan 2022CN¥1.8tCN¥3.2tCN¥169.2b12.6x10.7x0.6x
Wed, 29 Dec 2021CN¥1.8tCN¥3.1tCN¥171.0b13.8x10.6x0.6x
Fri, 26 Nov 2021CN¥1.8tCN¥3.2tCN¥171.8b12.9x10.3x0.6x
Sun, 24 Oct 2021CN¥1.8tCN¥3.1tCN¥193.9b12.4x9.3x0.6x
Tue, 21 Sep 2021CN¥1.8tCN¥3.1tCN¥194.4b12.9x9.1x0.6x
Thu, 19 Aug 2021CN¥1.7tCN¥3.1tCN¥194.4b13x9x0.6x
Thu, 03 Jun 2021CN¥2.0tCN¥2.8tCN¥197.1b15.7x10x0.7x
Sun, 07 Mar 2021CN¥2.0tCN¥2.7tCN¥200.4b15.9x10.1x0.8x
Price to Earnings Ratio

10.1x


Total Market Cap: CN¥2.0tTotal Earnings: CN¥200.4bTotal Revenue: CN¥2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Real Estate Sector Price to Earnings3Y Average -3101.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
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.
  • 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 Real Estate sector?

CN Market0.98%
Real Estate-0.18%
Industrial REITs3.11%
Specialized REITs1.26%
REITS0%
Residential REITs0%
Hotel and Resort REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-0.22%
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 growth of 38.3%, which is higher than its past year's earnings growth of 5.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrial REITs industry, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • In contrast, the Real Estate industry is expected to see its earnings grow by 30% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
628 ChengDu Hi-Tech DevelopmentCN¥73.8134.2%
+CN¥6.6b
400.4%PE70.3x
600246 Vantone Neo Development GroupCN¥6.5218.5%
+CN¥1.8b
9.8%PS22.4x
600895 Shanghai Zhangjiang Hi-Tech Park DevelopmentCN¥19.906.0%
+CN¥1.8b
58.1%PE36.3x
600225 Tianjin Troila Information TechnologyLtdCN¥3.7213.1%
+CN¥1.5b
-46.9%PE29.3x
1979 China Merchants Shekou Industrial Zone HoldingsCN¥9.421.4%
+CN¥1.2b
-37.5%PE21.5x
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600641

CN¥13.65

Shanghai Wanye EnterprisesLtd

7D

5.7%

1Y

-26.5%

2244

CN¥7.56

Hangzhou Binjiang Real Estate GroupLtd

7D

-0.8%

1Y

-26.8%

600639

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Shanghai Jinqiao Export Processing Zone DevelopmentLtd

7D

-3.0%

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600246

CN¥6.52

Vantone Neo Development Group

7D

18.5%

1Y

9.8%

600133

CN¥10.06

Wuhan East Lake High Technology Group

7D

7.0%

1Y

66.8%

600895

CN¥19.90

Shanghai Zhangjiang Hi-Tech Park Development

7D

6.0%

1Y

58.1%

600095

CN¥7.44

XiangcaiLtd

7D

3.2%

1Y

-28.1%

656

CN¥1.57

Jinke Property Group

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-3.1%

1Y

-16.9%

2

CN¥10.04

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-1.1%

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