Lacklustre Performance Is Driving DIMA HOLDINGS Co. ,Ltd.'s (SHSE:600565) 38% Price Drop
Apr 25
Chinese (SSE) Real Estate Development Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies83
- 7D-2.3%
- 3M-20.5%
- 1Y-35.5%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 2.3%, driven by China Merchants Shekou Industrial Zone Holdings declining 7.7%. In contrast, Hainan Expressway has gained 24%. However, the industry is down 35% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Chinese Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥777.5b | CN¥2.4t | -CN¥25,857,542,455.00 | 20.6x | -30.1x | 0.3x |
| Sun, 24 Mar 2024 | CN¥887.1b | CN¥2.5t | -CN¥24,699,186,033.00 | 18.9x | -35.9x | 0.4x |
| Tue, 20 Feb 2024 | CN¥881.2b | CN¥2.5t | -CN¥26,453,742,483.00 | 15.3x | -33.3x | 0.4x |
| Thu, 18 Jan 2024 | CN¥893.9b | CN¥2.5t | -CN¥37,731,380,785.00 | 18.7x | -23.7x | 0.4x |
| Sat, 16 Dec 2023 | CN¥980.9b | CN¥2.5t | -CN¥39,280,898,859.00 | 20.1x | -25x | 0.4x |
| Mon, 13 Nov 2023 | CN¥1.0t | CN¥2.5t | -CN¥39,264,621,617.00 | 19.9x | -26.1x | 0.4x |
| Wed, 11 Oct 2023 | CN¥1.1t | CN¥2.5t | -CN¥28,951,057,414.00 | 18.8x | -36.5x | 0.4x |
| Fri, 08 Sep 2023 | CN¥1.2t | CN¥2.5t | -CN¥28,426,824,922.00 | 19.6x | -40.9x | 0.5x |
| Sun, 06 Aug 2023 | CN¥1.3t | CN¥2.5t | -CN¥25,981,248,837.00 | 23.3x | -48.8x | 0.5x |
| Tue, 04 Jul 2023 | CN¥1.1t | CN¥2.4t | -CN¥15,425,738,154.00 | 22.5x | -70.2x | 0.4x |
| Thu, 01 Jun 2023 | CN¥1.1t | CN¥2.4t | -CN¥19,978,429,200.00 | 20.5x | -53.2x | 0.4x |
| Sat, 29 Apr 2023 | CN¥1.1t | CN¥2.4t | -CN¥3,759,507,626.00 | 26x | -300.9x | 0.5x |
| Mon, 27 Mar 2023 | CN¥1.2t | CN¥2.5t | CN¥7.1b | 24.2x | 170.2x | 0.5x |
| Wed, 22 Feb 2023 | CN¥1.3t | CN¥2.4t | CN¥9.5b | 22.6x | 132.8x | 0.5x |
| Fri, 20 Jan 2023 | CN¥1.3t | CN¥2.4t | CN¥10.2b | 22x | 123.9x | 0.5x |
| Sun, 18 Dec 2022 | CN¥1.3t | CN¥2.4t | CN¥18.8b | 23.9x | 69.9x | 0.5x |
| Tue, 15 Nov 2022 | CN¥1.2t | CN¥2.4t | CN¥18.8b | 22x | 65.8x | 0.5x |
| Thu, 13 Oct 2022 | CN¥1.2t | CN¥2.5t | CN¥52.7b | 19.9x | 23.4x | 0.5x |
| Sat, 10 Sep 2022 | CN¥1.3t | CN¥2.4t | CN¥43.3b | 24.1x | 31.2x | 0.6x |
| Mon, 08 Aug 2022 | CN¥1.2t | CN¥2.6t | CN¥55.6b | 18.3x | 21.7x | 0.5x |
| Wed, 06 Jul 2022 | CN¥1.3t | CN¥2.6t | CN¥57.7b | 17.7x | 22.5x | 0.5x |
| Fri, 03 Jun 2022 | CN¥1.3t | CN¥2.6t | CN¥57.9b | 16.6x | 21.9x | 0.5x |
| Sun, 01 May 2022 | CN¥1.4t | CN¥2.7t | CN¥104.1b | 15.6x | 13.6x | 0.5x |
| Tue, 29 Mar 2022 | CN¥1.4t | CN¥2.7t | CN¥149.2b | 12.9x | 9.5x | 0.5x |
| Thu, 24 Feb 2022 | CN¥1.4t | CN¥2.7t | CN¥156.7b | 11.1x | 8.9x | 0.5x |
| Sat, 22 Jan 2022 | CN¥1.4t | CN¥2.8t | CN¥165.6b | 10.6x | 8.6x | 0.5x |
| Mon, 20 Dec 2021 | CN¥1.3t | CN¥2.8t | CN¥165.6b | 9.7x | 8.1x | 0.5x |
| Wed, 17 Nov 2021 | CN¥1.3t | CN¥2.8t | CN¥166.2b | 9.2x | 7.8x | 0.5x |
| Fri, 15 Oct 2021 | CN¥1.3t | CN¥2.7t | CN¥181.2b | 10.4x | 7.3x | 0.5x |
| Sun, 12 Sep 2021 | CN¥1.3t | CN¥2.7t | CN¥181.7b | 10.7x | 7.2x | 0.5x |
| Tue, 10 Aug 2021 | CN¥1.2t | CN¥2.7t | CN¥181.7b | 10.1x | 6.9x | 0.5x |
| Mon, 03 May 2021 | CN¥1.5t | CN¥2.5t | CN¥186.9b | 11.4x | 7.8x | 0.6x |
Price to Earnings Ratio
7.8x
Current Industry PE
- Investors are pessimistic on the Chinese Real Estate Development 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 0.47x.
Past Earnings Growth
- Total earnings for the Real Estate Development 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 Comparison
How does Chinese Real Estate Development compare with similar industries?
| CN Market | -0.29% | |
| Real Estate | -1.98% | |
| Real Estate | -2.04% | |
| Real Estate Development | -2.29% | |
| Real Estate Operating Companies | 0.97% | |
| Real Estate Services | -0.49% | |
| Diversified Real Estate | -2.14% | |
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 | |
|---|---|---|---|---|---|
| 600048 Poly Developments and Holdings Group | CN¥8.64 | 6.7% +CN¥5.6b | -37.9% | PE8.5x | |
| 601155 Seazen Holdings | CN¥9.11 | 12.7% +CN¥2.3b | -38.7% | PE27.9x | |
| 2 China Vanke | CN¥6.87 | 2.5% +CN¥2.0b | -54.6% | PE6.7x | |
| 2244 Hangzhou Binjiang Real Estate GroupLtd | CN¥6.42 | 6.5% +CN¥1.2b | -30.4% | PE4.8x | |
| 600848 Shanghai Lingang HoldingsLtd | CN¥10.29 | 4.6% +CN¥1.1b | -16.3% | PE24.5x |
