Not Many Are Piling Into Poly Developments and Holdings Group Co., Ltd. (SHSE:600048) Just Yet
Sep 27
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Chinese (SSE) Real Estate Industry Analysis
UpdatedSep 27, 2024
DataAggregated Company Financials
Companies117
- 7D13.9%
- 3M13.1%
- 1Y-19.0%
- YTD-5.7%
All of the companies in the Real Estate industry have been up over the last week, with the industry up 14%. In contrast, the industry has lost 19% in the last 12 months. As for the next few years, earnings are expected to grow by 37% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 27 Sep 2024 | CN¥1.2t | CN¥2.3t | -CN¥43,409,417,946.37 | 41x | -28x | 0.5x |
| Sun, 25 Aug 2024 | CN¥1.0t | CN¥2.5t | -CN¥9,453,724,430.13 | 31.4x | -108.9x | 0.4x |
| Tue, 23 Jul 2024 | CN¥1.1t | CN¥2.5t | -CN¥8,787,770,509.75 | 28.1x | -123.7x | 0.4x |
| Thu, 20 Jun 2024 | CN¥1.2t | CN¥2.6t | -CN¥14,015,437,159.04 | 31.3x | -83.1x | 0.5x |
| Sat, 18 May 2024 | CN¥1.4t | CN¥2.6t | -CN¥20,577,923,349.11 | 33.9x | -66.5x | 0.5x |
| Mon, 15 Apr 2024 | CN¥1.1t | CN¥2.6t | -CN¥10,937,095,492.28 | 21.8x | -104.9x | 0.4x |
| Wed, 13 Mar 2024 | CN¥1.3t | CN¥2.7t | -CN¥12,608,200,516.10 | 20.5x | -102.7x | 0.5x |
| Fri, 09 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥13,637,904,928.42 | 17.3x | -89.1x | 0.5x |
| Sun, 07 Jan 2024 | CN¥1.3t | CN¥2.7t | -CN¥25,794,964,425.00 | 20.2x | -50.2x | 0.5x |
| Tue, 05 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,343,087,031.00 | 20.4x | -50.8x | 0.5x |
| Thu, 02 Nov 2023 | CN¥1.4t | CN¥2.6t | -CN¥28,171,661,138.00 | 20.3x | -49.2x | 0.5x |
| Sat, 30 Sep 2023 | CN¥1.5t | CN¥2.7t | -CN¥13,395,523,266.00 | 20.6x | -113.9x | 0.6x |
| Mon, 28 Aug 2023 | CN¥1.6t | CN¥2.7t | -CN¥11,088,010,585.00 | 21.9x | -142.5x | 0.6x |
| Wed, 26 Jul 2023 | CN¥1.6t | CN¥2.6t | CN¥566.7m | 24x | 2797.2x | 0.6x |
| Fri, 23 Jun 2023 | CN¥1.5t | CN¥2.6t | -CN¥1,179,772,944.00 | 21.5x | -1249.5x | 0.6x |
| Sun, 21 May 2023 | CN¥1.5t | CN¥2.6t | CN¥460.8m | 22x | 3308x | 0.6x |
| Tue, 18 Apr 2023 | CN¥1.7t | CN¥2.6t | CN¥12.4b | 25.3x | 133.8x | 0.6x |
| Thu, 16 Mar 2023 | CN¥1.6t | CN¥2.6t | CN¥23.5b | 22.7x | 68.5x | 0.6x |
| Sat, 11 Feb 2023 | CN¥1.7t | CN¥2.6t | CN¥23.7b | 23.8x | 71.7x | 0.7x |
| Mon, 09 Jan 2023 | CN¥1.7t | CN¥2.6t | CN¥24.4b | 22.6x | 69.6x | 0.7x |
| Wed, 07 Dec 2022 | CN¥1.8t | CN¥2.6t | CN¥33.1b | 24.3x | 52.9x | 0.7x |
| Fri, 04 Nov 2022 | CN¥1.4t | CN¥2.6t | CN¥34.5b | 20.8x | 41.9x | 0.6x |
| Sun, 02 Oct 2022 | CN¥1.6t | CN¥2.7t | CN¥64.1b | 20.2x | 25x | 0.6x |
| Tue, 30 Aug 2022 | CN¥1.6t | CN¥2.8t | CN¥29.7b | 24x | 55x | 0.6x |
| Thu, 28 Jul 2022 | CN¥1.7t | CN¥2.8t | CN¥41.0b | 20.9x | 41.2x | 0.6x |
| Sat, 25 Jun 2022 | CN¥1.7t | CN¥2.8t | CN¥40.1b | 19.8x | 41.6x | 0.6x |
| Mon, 23 May 2022 | CN¥1.7t | CN¥2.8t | CN¥40.5b | 20x | 43x | 0.6x |
| Wed, 20 Apr 2022 | CN¥1.9t | CN¥3.0t | CN¥116.5b | 17x | 16.5x | 0.6x |
| Fri, 18 Mar 2022 | CN¥1.7t | CN¥3.0t | CN¥143.9b | 13.1x | 11.6x | 0.6x |
| Sun, 13 Feb 2022 | CN¥1.8t | CN¥3.0t | CN¥148.7b | 13.7x | 12.4x | 0.6x |
| Tue, 11 Jan 2022 | CN¥1.9t | CN¥3.0t | CN¥158.4b | 13.9x | 12x | 0.6x |
| Thu, 09 Dec 2021 | CN¥1.7t | CN¥3.0t | CN¥158.4b | 12.2x | 11x | 0.6x |
| Sat, 06 Nov 2021 | CN¥1.6t | CN¥3.0t | CN¥158.1b | 11.5x | 10.1x | 0.5x |
| Mon, 04 Oct 2021 | CN¥1.8t | CN¥3.0t | CN¥181.8b | 12.3x | 9.8x | 0.6x |
Price to Earnings Ratio
9.8x
Current Industry PE
- Investors are relatively neutral on the Chinese Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
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 8.2% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate industry?
| CN Market | 9.62% | |
| Real Estate | 13.64% | |
| Real Estate | 13.90% | |
| Real Estate Development | 14.87% | |
| Real Estate Services | 11.83% | |
| Diversified Real Estate | 11.61% | |
| Real Estate Operating Companies | 11.12% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average PE ratio of 49.3x.
- Analysts are expecting annual earnings growth of 6.5%, which is higher than its past year's earnings decline of 22.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 43% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 6.5% 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¥10.03 | 24.6% +CN¥23.5b | -21.3% | PE16.4x | |
| 000002 China Vanke | CN¥8.84 | 28.3% +CN¥23.1b | -32.4% | PS0.3x | |
| 001979 China Merchants Shekou Industrial Zone Holdings | CN¥11.22 | 17.1% +CN¥14.9b | -9.4% | PE19.7x | |
| 600663 Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd | CN¥10.00 | 22.5% +CN¥9.3b | 4.4% | PE53.4x | |
| 601155 Seazen Holdings | CN¥13.05 | 26.0% +CN¥6.1b | -1.5% | PS0.3x |
