Seazen Holdings Co., Ltd's (SHSE:601155) Price Is Right But Growth Is Lacking After Shares Rocket 26%
May 12
Chinese (SSE) Real Estate Industry Analysis
UpdatedMay 13, 2024
DataAggregated Company Financials
Companies122
- 7D4.2%
- 3M1.8%
- 1Y-23.8%
- YTD-5.4%
In the last week, the Real Estate industry is up 4.2%, with Poly Developments and Holdings Group leading the way, up 8.0%. During this same period, the ChengDu Hi-Tech Development underperformed, falling 9.3%. In the past year, the industry is down 24%. Earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Chinese Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 14 May 2024 | CN¥1.2t | CN¥2.5t | -CN¥33,895,762,087.32 | 30.5x | -36.4x | 0.5x |
| Thu, 11 Apr 2024 | CN¥1.2t | CN¥2.6t | -CN¥10,354,075,333.28 | 21.5x | -113.5x | 0.4x |
| Sat, 09 Mar 2024 | CN¥1.2t | CN¥2.7t | -CN¥11,849,589,929.92 | 17.8x | -103.3x | 0.5x |
| Mon, 05 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥32,326,030,043.00 | 16.8x | -36.9x | 0.4x |
| Wed, 03 Jan 2024 | CN¥1.3t | CN¥2.7t | -CN¥27,459,470,959.00 | 19.2x | -46.8x | 0.5x |
| Fri, 01 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,341,909,776.00 | 19.8x | -50.8x | 0.5x |
| Sun, 29 Oct 2023 | CN¥1.4t | CN¥2.7t | -CN¥15,385,866,888.00 | 19.7x | -90.3x | 0.5x |
| Tue, 26 Sep 2023 | CN¥1.5t | CN¥2.7t | -CN¥13,391,650,763.00 | 20.2x | -114x | 0.6x |
| Thu, 24 Aug 2023 | CN¥1.6t | CN¥2.7t | -CN¥12,238,603,359.00 | 23.2x | -129.2x | 0.6x |
| Sat, 22 Jul 2023 | CN¥1.5t | CN¥2.6t | CN¥571.7m | 22.8x | 2645.9x | 0.6x |
| Mon, 19 Jun 2023 | CN¥1.6t | CN¥2.6t | -CN¥1,186,593,494.00 | 22.2x | -1307.6x | 0.6x |
| Wed, 17 May 2023 | CN¥1.6t | CN¥2.6t | CN¥408.9m | 22.2x | 3814.7x | 0.6x |
| Fri, 14 Apr 2023 | CN¥1.7t | CN¥2.6t | CN¥13.9b | 24.2x | 118.9x | 0.6x |
| Sun, 12 Mar 2023 | CN¥1.6t | CN¥2.6t | CN¥23.3b | 23.1x | 68.9x | 0.6x |
| Tue, 07 Feb 2023 | CN¥1.7t | CN¥2.6t | CN¥23.7b | 23.4x | 69.9x | 0.6x |
| Thu, 05 Jan 2023 | CN¥1.7t | CN¥2.6t | CN¥33.0b | 23.1x | 51.9x | 0.7x |
| Sat, 03 Dec 2022 | CN¥1.7t | CN¥2.6t | CN¥33.1b | 24.5x | 52.4x | 0.7x |
| Mon, 31 Oct 2022 | CN¥1.4t | CN¥2.6t | CN¥39.5b | 20.1x | 36.4x | 0.6x |
| Wed, 28 Sep 2022 | CN¥1.6t | CN¥2.7t | CN¥64.1b | 21.2x | 25.7x | 0.6x |
| Fri, 26 Aug 2022 | CN¥1.6t | CN¥2.8t | CN¥37.0b | 20.4x | 44.6x | 0.6x |
| Sun, 24 Jul 2022 | CN¥1.6t | CN¥2.8t | CN¥41.0b | 19.7x | 39.5x | 0.6x |
| Tue, 21 Jun 2022 | CN¥1.7t | CN¥2.8t | CN¥40.1b | 20x | 41.7x | 0.6x |
| Thu, 19 May 2022 | CN¥1.7t | CN¥2.8t | CN¥40.5b | 19.8x | 42.7x | 0.6x |
| Sat, 16 Apr 2022 | CN¥2.0t | CN¥3.0t | CN¥118.3b | 15.6x | 16.7x | 0.7x |
| Mon, 14 Mar 2022 | CN¥1.7t | CN¥3.0t | CN¥143.9b | 13x | 11.9x | 0.6x |
| Wed, 09 Feb 2022 | CN¥1.8t | CN¥3.0t | CN¥148.7b | 13.3x | 12.2x | 0.6x |
| Fri, 07 Jan 2022 | CN¥1.8t | CN¥3.0t | CN¥158.4b | n/a | 11.6x | 0.6x |
| Sun, 05 Dec 2021 | CN¥1.7t | CN¥3.0t | CN¥158.4b | 12.2x | 10.8x | 0.6x |
| Tue, 02 Nov 2021 | CN¥1.6t | CN¥2.8t | CN¥130.5b | 11.6x | 12.5x | 0.6x |
| Thu, 30 Sep 2021 | CN¥1.8t | CN¥3.0t | CN¥181.8b | 12.2x | 9.7x | 0.6x |
| Sat, 28 Aug 2021 | CN¥1.7t | CN¥3.0t | CN¥181.9b | 12.5x | 9.3x | 0.6x |
| Sun, 04 Jul 2021 | CN¥1.8t | CN¥3.0t | CN¥181.9b | 13.9x | 10.1x | 0.6x |
Price to Earnings Ratio
10x
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 0.58x.
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.
- Revenues have also declined 3.3% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate industry?
| CN Market | 1.72% | |
| Real Estate | 4.09% | |
| Real Estate | 4.17% | |
| Real Estate Development | 4.76% | |
| Real Estate Operating Companies | 4.53% | |
| Real Estate Services | 4.28% | |
| Diversified Real Estate | 2.05% | |
Industry PE
- Investors are most optimistic about the Diversified Real Estate industry even though it's trading below its 3-year average PE ratio of 304x.
- Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 39.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 8.5% per year over the next few years.
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¥9.54 | 8.0% +CN¥8.4b | -32.2% | PE9.8x | |
| 1979 China Merchants Shekou Industrial Zone Holdings | CN¥9.60 | 10.2% +CN¥8.1b | -29.0% | PE14.2x | |
| 2244 Hangzhou Binjiang Real Estate GroupLtd | CN¥7.97 | 19.3% +CN¥4.0b | -14.9% | PE10.3x | |
| 600663 Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd | CN¥9.94 | 7.3% +CN¥3.3b | -4.2% | PE44.6x | |
| 601155 Seazen Holdings | CN¥10.90 | 12.0% +CN¥2.6b | -29.9% | PE80.4x |
