Is It Too Late To Consider Buying Seazen Holdings Co., Ltd (SHSE:601155)?
Jun 07
Chinese (SSE) Real Estate Development Industry Analysis
UpdatedJun 13, 2024
DataAggregated Company Financials
Companies83
- 7D-1.4%
- 3M-5.1%
- 1Y-27.7%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 3.7%, driven by declines in Poly Developments and Holdings Group and China Vanke of 2.1% and 2.7%, respectively. In contrast, Vantone Neo Development Group has gained 11%. Overall the industry is down 28% in 12 months. As for the next few years, earnings are expected to grow by 30% 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 |
|---|---|---|---|---|---|---|
| Thu, 13 Jun 2024 | CN¥874.2b | CN¥2.4t | -CN¥23,132,398,613.00 | 29.6x | -37.8x | 0.4x |
| Sat, 11 May 2024 | CN¥889.0b | CN¥2.4t | -CN¥36,469,698,517.00 | 28.9x | -24.4x | 0.4x |
| Mon, 08 Apr 2024 | CN¥865.2b | CN¥2.4t | -CN¥25,404,307,074.00 | 21.2x | -34.1x | 0.4x |
| Wed, 06 Mar 2024 | CN¥876.7b | CN¥2.5t | -CN¥24,392,423,770.00 | 15.6x | -35.9x | 0.4x |
| Fri, 02 Feb 2024 | CN¥873.2b | CN¥2.5t | -CN¥44,268,608,208.00 | 16.4x | -19.7x | 0.3x |
| Sun, 31 Dec 2023 | CN¥938.9b | CN¥2.5t | -CN¥39,280,622,263.00 | 19.2x | -23.9x | 0.4x |
| Tue, 28 Nov 2023 | CN¥1.0t | CN¥2.5t | -CN¥39,165,491,030.00 | 20.2x | -26.5x | 0.4x |
| Thu, 26 Oct 2023 | CN¥1.0t | CN¥2.5t | -CN¥28,769,749,109.00 | 19.5x | -35.1x | 0.4x |
| Sat, 23 Sep 2023 | CN¥1.1t | CN¥2.5t | -CN¥28,951,180,158.00 | 18.8x | -38.8x | 0.4x |
| Mon, 21 Aug 2023 | CN¥1.2t | CN¥2.5t | -CN¥26,044,038,799.00 | 21x | -46.1x | 0.5x |
| Wed, 19 Jul 2023 | CN¥1.1t | CN¥2.4t | -CN¥14,356,092,787.00 | 20.3x | -73.7x | 0.4x |
| Fri, 16 Jun 2023 | CN¥1.1t | CN¥2.4t | -CN¥15,424,252,332.00 | 21.9x | -72.6x | 0.5x |
| Sun, 14 May 2023 | CN¥1.1t | CN¥2.4t | -CN¥14,254,725,079.00 | 21.7x | -80.4x | 0.5x |
| Tue, 11 Apr 2023 | CN¥1.2t | CN¥2.4t | CN¥6.5b | 22.2x | 188.2x | 0.5x |
| Thu, 09 Mar 2023 | CN¥1.2t | CN¥2.4t | CN¥9.5b | 22.1x | 127.9x | 0.5x |
| Sat, 04 Feb 2023 | CN¥1.3t | CN¥2.4t | CN¥9.5b | 23.3x | 132.3x | 0.5x |
| Mon, 02 Jan 2023 | CN¥1.2t | CN¥2.4t | CN¥18.8b | 21.5x | 65.2x | 0.5x |
| Wed, 30 Nov 2022 | CN¥1.4t | CN¥2.4t | CN¥18.8b | 25.5x | 73.3x | 0.6x |
| Fri, 28 Oct 2022 | CN¥1.1t | CN¥2.5t | CN¥37.0b | 19.2x | 30.4x | 0.5x |
| Sun, 25 Sep 2022 | CN¥1.3t | CN¥2.5t | CN¥52.7b | 21.3x | 23.9x | 0.5x |
| Tue, 23 Aug 2022 | CN¥1.3t | CN¥2.6t | CN¥54.8b | 20.6x | 23.1x | 0.5x |
| Thu, 21 Jul 2022 | CN¥1.2t | CN¥2.6t | CN¥58.2b | 18.1x | 21.4x | 0.5x |
| Sat, 18 Jun 2022 | CN¥1.2t | CN¥2.6t | CN¥57.7b | 17.5x | 21.4x | 0.5x |
| Mon, 16 May 2022 | CN¥1.3t | CN¥2.6t | CN¥58.2b | 18.5x | 22.8x | 0.5x |
| Wed, 13 Apr 2022 | CN¥1.5t | CN¥2.8t | CN¥130.6b | 14.9x | 11.3x | 0.5x |
| Fri, 11 Mar 2022 | CN¥1.3t | CN¥2.7t | CN¥150.6b | 10.7x | 8.6x | 0.5x |
| Sun, 06 Feb 2022 | CN¥1.4t | CN¥2.7t | CN¥155.9b | 10.8x | 8.8x | 0.5x |
| Tue, 04 Jan 2022 | CN¥1.4t | CN¥2.8t | CN¥165.6b | 10.3x | 8.3x | 0.5x |
| Thu, 02 Dec 2021 | CN¥1.3t | CN¥2.8t | CN¥165.6b | 9.3x | 7.7x | 0.5x |
| Sat, 30 Oct 2021 | CN¥1.2t | CN¥2.7t | CN¥180.7b | 9.4x | 6.8x | 0.4x |
| Mon, 27 Sep 2021 | CN¥1.3t | CN¥2.7t | CN¥181.6b | 10.3x | 7.4x | 0.5x |
| Wed, 25 Aug 2021 | CN¥1.3t | CN¥2.7t | CN¥181.7b | 9.9x | 6.9x | 0.5x |
| Thu, 01 Jul 2021 | CN¥1.4t | CN¥2.7t | CN¥181.7b | 10.8x | 7.5x | 0.5x |
Price to Earnings Ratio
7.5x
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 0.46x.
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.
- Revenues have also declined 4.1% per year, which is driving profits down.
Industry Comparison
How does Chinese Real Estate Development compare with similar industries?
| CN Market | -0.94% | |
| Real Estate | -1.01% | |
| Real Estate | -1.02% | |
| Real Estate Development | -1.37% | |
| Diversified Real Estate | -0.067% | |
| Real Estate Operating Companies | -0.14% | |
| Real Estate Services | -0.62% | |
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 | |
|---|---|---|---|---|---|
| 600246 Vantone Neo Development Group | CN¥9.57 | 18.7% +CN¥2.7b | 58.4% | PS39.6x | |
| 537 China Green Electricity Investment of Tianjin | CN¥11.35 | 8.1% +CN¥1.8b | -3.2% | PE27.5x | |
| 863 Sanxiang Impression | CN¥3.75 | 17.6% +CN¥661.2m | 0.5% | PE190x | |
| 600641 Shanghai Wanye EnterprisesLtd | CN¥12.81 | 4.3% +CN¥490.3m | -35.2% | PE156.8x | |
| 600052 Zhejiang Dongwang Times Technology | CN¥4.53 | 13.3% +CN¥427.4m | 1.8% | PE18.4x |
