Chinese (SSE) Real Estate Development Industry Analysis

UpdatedJun 21, 2024

DataAggregated Company Financials

Companies82

7D-4.5%
3M-9.0%
1Y-29.5%
YTDn/a

The Real Estate Development industry is down 4.5% over the last week with China Vanke the worst performer, down 9.4%. On the other hand Greattown Holdings is actually up 10%. The industry has fallen 29% in the last year. 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
Fri, 21 Jun 2024	CN¥815.0b	CN¥2.4t	-CN¥13,923,086,413.00	27.7x	-58.5x	0.3x
Sun, 19 May 2024	CN¥1.0t	CN¥2.4t	-CN¥23,408,472,019.00	34x	-42.8x	0.4x
Tue, 16 Apr 2024	CN¥798.2b	CN¥2.4t	-CN¥26,163,920,866.00	20x	-30.5x	0.3x
Thu, 14 Mar 2024	CN¥900.1b	CN¥2.5t	-CN¥25,149,969,900.00	18.6x	-35.8x	0.4x
Sat, 10 Feb 2024	CN¥882.8b	CN¥2.5t	-CN¥26,412,902,159.00	14.7x	-33.4x	0.4x
Mon, 08 Jan 2024	CN¥933.4b	CN¥2.5t	-CN¥37,731,380,785.00	19.2x	-24.7x	0.4x
Wed, 06 Dec 2023	CN¥968.9b	CN¥2.5t	-CN¥39,165,181,073.00	19.8x	-24.7x	0.4x
Fri, 03 Nov 2023	CN¥1.0t	CN¥2.4t	-CN¥41,644,628,239.00	20.4x	-24.1x	0.4x
Sun, 01 Oct 2023	CN¥1.1t	CN¥2.5t	-CN¥28,951,166,453.00	18.8x	-37.6x	0.4x
Tue, 29 Aug 2023	CN¥1.2t	CN¥2.5t	-CN¥25,003,772,731.00	21.3x	-48.3x	0.5x
Thu, 27 Jul 2023	CN¥1.2t	CN¥2.4t	-CN¥13,674,846,956.00	23.7x	-85.4x	0.5x
Sat, 24 Jun 2023	CN¥1.1t	CN¥2.4t	-CN¥15,424,385,233.00	21.9x	-69.1x	0.4x
Mon, 22 May 2023	CN¥1.1t	CN¥2.4t	-CN¥13,698,040,847.00	21.4x	-80.3x	0.5x
Wed, 19 Apr 2023	CN¥1.2t	CN¥2.4t	-CN¥1,364,584,280.00	26.9x	-884.2x	0.5x
Fri, 17 Mar 2023	CN¥1.2t	CN¥2.4t	CN¥9.7b	21.9x	121.9x	0.5x
Sun, 12 Feb 2023	CN¥1.3t	CN¥2.4t	CN¥9.5b	23.8x	134.1x	0.5x
Tue, 10 Jan 2023	CN¥1.3t	CN¥2.4t	CN¥10.2b	21.6x	124.4x	0.5x
Thu, 08 Dec 2022	CN¥1.3t	CN¥2.4t	CN¥18.8b	23.4x	69.3x	0.5x
Sat, 05 Nov 2022	CN¥1.1t	CN¥2.4t	CN¥20.7b	19.6x	52.7x	0.4x
Mon, 03 Oct 2022	CN¥1.2t	CN¥2.5t	CN¥52.7b	19.8x	23.4x	0.5x
Wed, 31 Aug 2022	CN¥1.2t	CN¥2.6t	CN¥49.6b	22.5x	25.1x	0.5x
Fri, 29 Jul 2022	CN¥1.3t	CN¥2.6t	CN¥58.2b	18x	22.1x	0.5x
Sun, 26 Jun 2022	CN¥1.3t	CN¥2.6t	CN¥57.7b	18x	21.9x	0.5x
Tue, 24 May 2022	CN¥1.3t	CN¥2.6t	CN¥58.1b	17.7x	22.3x	0.5x
Thu, 21 Apr 2022	CN¥1.4t	CN¥2.8t	CN¥124.8b	16.3x	11.3x	0.5x
Sat, 19 Mar 2022	CN¥1.3t	CN¥2.7t	CN¥150.6b	10.8x	8.9x	0.5x
Mon, 14 Feb 2022	CN¥1.4t	CN¥2.7t	CN¥155.9b	11.5x	9.1x	0.5x
Wed, 12 Jan 2022	CN¥1.4t	CN¥2.8t	CN¥165.6b	11.3x	8.8x	0.5x
Fri, 10 Dec 2021	CN¥1.4t	CN¥2.8t	CN¥165.6b	9.5x	8.2x	0.5x
Sun, 07 Nov 2021	CN¥1.2t	CN¥2.7t	CN¥164.4b	9x	7.2x	0.4x
Tue, 05 Oct 2021	CN¥1.3t	CN¥2.7t	CN¥181.6b	10.3x	7.4x	0.5x
Thu, 02 Sep 2021	CN¥1.3t	CN¥2.7t	CN¥181.7b	10.3x	7.1x	0.5x
Sat, 31 Jul 2021	CN¥1.2t	CN¥2.7t	CN¥181.7b	9.8x	6.5x	0.4x

Price to Earnings Ratio

7.5x

Fri, 09 Jul 2021

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 4.2% per year, which is driving profits down.

Industry Comparison

How does Chinese Real Estate Development compare with similar industries?


CN Market	-1.56%
Real Estate	-4.30%
Real Estate	-4.36%
Real Estate Development	-4.45%
Diversified Real Estate	-3.93%
Real Estate Operating Companies	-4.40%
Real Estate Services	-6.90%

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
600094 Greattown Holdings	CN¥4.35	10.4% +CN¥953.2m	41.2%	PE125.3x
600641 Shanghai Wanye EnterprisesLtd	CN¥13.37	4.0% +CN¥481.1m	-29.0%	PE163.7x
6 Shenzhen Zhenye (Group)Ltd	CN¥3.70	8.8% +CN¥405.0m	-15.5%	PS1.8x
863 Sanxiang Impression	CN¥4.00	7.5% +CN¥330.6m	15.9%	PE202.6x
14 Shahe Industrial	CN¥9.91	6.0% +CN¥135.5m	-11.6%	PE5.9x

Latest News

600641

CN¥13.37

Shanghai Wanye EnterprisesLtd

4.0%

-29.0%

Is Shanghai Wanye EnterprisesLtd (SHSE:600641) Using Debt Sensibly?

Jun 20

600048

CN¥9.44

Poly Developments and Holdings Group

-5.6%

-28.0%

Is Poly Developments and Holdings Group (SHSE:600048) A Risky Investment?

Jun 17

600383

CN¥3.52

Gemdale

-12.7%

-51.7%

Here's Why Gemdale (SHSE:600383) Has A Meaningful Debt Burden

Jun 17

1979

CN¥9.15

China Merchants Shekou Industrial Zone Holdings

-8.5%

-29.0%

601155

CN¥9.29

Seazen Holdings

-7.1%

-32.7%

Is It Too Late To Consider Buying Seazen Holdings Co., Ltd (SHSE:601155)?

Jun 07

600094

CN¥4.35

Greattown Holdings

10.4%

41.2%

We Think Greattown Holdings (SHSE:600094) Can Stay On Top Of Its Debt

Jun 07

600606

CN¥1.44

Greenland Holdings

-10.6%

-47.1%

Greenland Holdings (SHSE:600606) Seems To Be Using A Lot Of Debt

Jun 06

CN¥3.70

Shenzhen Zhenye (Group)Ltd

8.8%

-15.5%

Is Shenzhen Zhenye (Group)Ltd (SZSE:000006) Using Debt In A Risky Way?

Jun 06

909

CN¥3.28

Soyea Technology

4.8%

-43.3%

More Unpleasant Surprises Could Be In Store For Soyea Technology Co., Ltd's (SZSE:000909) Shares After Tumbling 27%

Jun 04

CN¥9.91

Shahe Industrial

6.0%

-11.6%

Shahe Industrial (SZSE:000014) Will Pay A Larger Dividend Than Last Year At CN¥0.216

Jun 02

863

CN¥4.00

Sanxiang Impression

7.5%

15.9%

We Think Sanxiang Impression (SZSE:000863) Is Taking Some Risk With Its Debt

May 30

2244

CN¥7.53

Hangzhou Binjiang Real Estate GroupLtd

-5.3%

-15.5%

CN¥7.19

China Vanke

-9.4%

-48.4%

China Vanke (SZSE:000002) Has No Shortage Of Debt

May 28

537

CN¥10.19

China Green Electricity Investment of Tianjin

-9.5%

-11.7%