Chinese (SSE) Real Estate Development Industry Analysis
UpdatedMar 23, 2023
DataAggregated Company Financials
Companies89
- 7D0.3%
- 3M-5.3%
- 1Y-14.5%
- YTD-4.9%
In the last week, the Real Estate Development industry is flat overall, with Tianjin Troila Information TechnologyLtd standing out by going down 12%. Unfortunately though, the industry is down 14% over the past 12 months. Earnings are forecast to grow by 30% annually.
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, 24 Mar 2023 | CN¥1.2t | CN¥2.5t | CN¥6.9b | 24.3x | 175.3x | 0.5x |
| Sun, 19 Feb 2023 | CN¥1.2t | CN¥2.4t | CN¥9.5b | 21.9x | 129.5x | 0.5x |
| Tue, 17 Jan 2023 | CN¥1.3t | CN¥2.4t | CN¥10.2b | 21.5x | 124.2x | 0.5x |
| Thu, 15 Dec 2022 | CN¥1.3t | CN¥2.4t | CN¥18.8b | 23.1x | 69.2x | 0.5x |
| Sat, 12 Nov 2022 | CN¥1.2t | CN¥2.4t | CN¥18.8b | 21.5x | 64.2x | 0.5x |
| Mon, 10 Oct 2022 | CN¥1.2t | CN¥2.5t | CN¥52.7b | 19.8x | 23.4x | 0.5x |
| Wed, 07 Sep 2022 | CN¥1.3t | CN¥2.4t | CN¥45.7b | 23.1x | 28.6x | 0.5x |
| Fri, 05 Aug 2022 | CN¥1.2t | CN¥2.6t | CN¥55.5b | 18x | 21.4x | 0.5x |
| Sun, 03 Jul 2022 | CN¥1.3t | CN¥2.6t | CN¥57.7b | 18.1x | 23x | 0.5x |
| Tue, 31 May 2022 | CN¥1.3t | CN¥2.6t | CN¥57.9b | 16.8x | 21.8x | 0.5x |
| Thu, 28 Apr 2022 | CN¥1.3t | CN¥2.7t | CN¥112.6b | 15x | 11.5x | 0.5x |
| Sat, 26 Mar 2022 | CN¥1.4t | CN¥2.7t | CN¥150.5b | 11x | 9.3x | 0.5x |
| Mon, 21 Feb 2022 | CN¥1.4t | CN¥2.7t | CN¥156.7b | 11.3x | 9x | 0.5x |
| Wed, 19 Jan 2022 | CN¥1.4t | CN¥2.8t | CN¥165.6b | 10.7x | 8.6x | 0.5x |
| Fri, 17 Dec 2021 | CN¥1.3t | CN¥2.8t | CN¥165.6b | 9.6x | 8.1x | 0.5x |
| Sun, 14 Nov 2021 | CN¥1.3t | CN¥2.8t | CN¥166.2b | 9.2x | 7.8x | 0.5x |
| Tue, 12 Oct 2021 | CN¥1.4t | CN¥2.7t | CN¥181.6b | 10.5x | 7.5x | 0.5x |
| Thu, 09 Sep 2021 | CN¥1.3t | CN¥2.7t | CN¥181.7b | 10.7x | 7.2x | 0.5x |
| Sat, 07 Aug 2021 | CN¥1.2t | CN¥2.7t | CN¥181.7b | 10x | 6.6x | 0.4x |
| Fri, 30 Apr 2021 | CN¥1.5t | CN¥2.5t | CN¥186.9b | 11.4x | 7.8x | 0.6x |
| Mon, 01 Feb 2021 | CN¥1.4t | CN¥2.4t | CN¥185.1b | 14.3x | 7.7x | 0.6x |
| Thu, 05 Nov 2020 | CN¥1.5t | CN¥2.3t | CN¥177.4b | 12.3x | 8.6x | 0.7x |
| Sun, 09 Aug 2020 | CN¥1.7t | CN¥2.2t | CN¥174.3b | 18.3x | 9.5x | 0.8x |
| Sat, 02 May 2020 | CN¥1.5t | CN¥2.1t | CN¥178.2b | 15.4x | 8.6x | 0.7x |
Price to Earnings Ratio
8.4x
Current Industry PE
- Investors are optimistic on the Chinese Real Estate Development industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 175x which is higher than its 3-year average PE of 22.7x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have declined 66% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.7% 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 Real Estate Development compare with similar industries?
| CN Market | 2.45% | |
| Real Estate | 0.71% | |
| Real Estate | 0.71% | |
| Real Estate Development | 0.27% | |
| Real Estate Services | 4.74% | |
| Real Estate Operating Companies | 2.12% | |
| Diversified Real Estate | 1.85% | |
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 | |
|---|---|---|---|---|---|
| 1979 China Merchants Shekou Industrial Zone Holdings | CN¥13.82 | 1.6% +CN¥1.7b | -4.2% | PE33.9x | |
| 838 CASIN Real Estate Development GroupLtd | CN¥7.06 | 23.4% +CN¥1.5b | -29.4% | PS1.5x | |
| 600048 Poly Developments and Holdings Group | CN¥14.43 | 0.8% +CN¥1.3b | -15.5% | PE9.4x | |
| 2 China Vanke | CN¥15.86 | 0.7% +CN¥1.3b | -9.3% | PE8.2x | |
| 600641 Shanghai Wanye EnterprisesLtd | CN¥19.77 | 4.7% +CN¥819.0m | -9.7% | PE149.3x |