Chinese Universe Publishing and Media Group's (SHSE:600373) Solid Earnings May Rest On Weak Foundations
Apr 25
Chinese (SSE) Publishing Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies30
- 7D-4.7%
- 3M-1.9%
- 1Y-16.0%
- YTDn/a
Over the last 7 days, the Publishing industry has remained flat, although notably China Science Publishing & Media declined by 7.5%. Unfortunately though, the industry is down 7.7% over the past 12 months. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Chinese Publishing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | CN¥290.8b | CN¥127.1b | CN¥17.0b | 31.3x | 17.1x | 2.3x |
| Sun, 24 Mar 2024 | CN¥359.2b | CN¥126.2b | CN¥16.0b | 39.1x | 22.5x | 2.8x |
| Tue, 20 Feb 2024 | CN¥283.2b | CN¥126.2b | CN¥14.8b | 29.4x | 19.2x | 2.2x |
| Thu, 18 Jan 2024 | CN¥278.4b | CN¥125.5b | CN¥14.5b | 35x | 19.2x | 2.2x |
| Sat, 16 Dec 2023 | CN¥357.1b | CN¥125.5b | CN¥14.5b | 48.6x | 24.6x | 2.8x |
| Mon, 13 Nov 2023 | CN¥313.0b | CN¥125.5b | CN¥14.5b | 36.9x | 21.6x | 2.5x |
| Wed, 11 Oct 2023 | CN¥313.3b | CN¥125.5b | CN¥14.0b | 38.3x | 22.3x | 2.5x |
| Fri, 08 Sep 2023 | CN¥318.5b | CN¥125.8b | CN¥14.1b | 38.5x | 22.6x | 2.5x |
| Sun, 06 Aug 2023 | CN¥320.7b | CN¥123.9b | CN¥13.8b | 41.9x | 23.2x | 2.6x |
| Tue, 04 Jul 2023 | CN¥330.5b | CN¥123.9b | CN¥13.8b | 44.6x | 23.9x | 2.7x |
| Thu, 01 Jun 2023 | CN¥356.0b | CN¥123.9b | CN¥13.8b | 44.6x | 25.8x | 2.9x |
| Sat, 29 Apr 2023 | CN¥370.4b | CN¥121.6b | CN¥13.9b | 49.3x | 26.7x | 3x |
| Mon, 27 Mar 2023 | CN¥264.7b | CN¥121.7b | CN¥13.0b | 27.8x | 20.3x | 2.2x |
| Wed, 22 Feb 2023 | CN¥239.8b | CN¥121.7b | CN¥13.1b | 24.9x | 18.4x | 2x |
| Fri, 20 Jan 2023 | CN¥216.8b | CN¥121.0b | CN¥13.0b | 21.4x | 16.6x | 1.8x |
| Sun, 18 Dec 2022 | CN¥215.8b | CN¥120.6b | CN¥13.2b | 21.6x | 16.3x | 1.8x |
| Tue, 15 Nov 2022 | CN¥201.7b | CN¥120.6b | CN¥13.2b | 21.2x | 15.2x | 1.7x |
| Thu, 13 Oct 2022 | CN¥195.9b | CN¥120.5b | CN¥14.2b | 19.7x | 13.8x | 1.6x |
| Sat, 10 Sep 2022 | CN¥213.1b | CN¥120.1b | CN¥14.2b | 20x | 15x | 1.8x |
| Mon, 08 Aug 2022 | CN¥196.2b | CN¥120.3b | CN¥14.3b | 16.3x | 13.7x | 1.6x |
| Wed, 06 Jul 2022 | CN¥205.6b | CN¥120.2b | CN¥14.3b | 17.5x | 14.4x | 1.7x |
| Fri, 03 Jun 2022 | CN¥217.0b | CN¥120.2b | CN¥14.3b | 18.1x | 15.2x | 1.8x |
| Sun, 01 May 2022 | CN¥192.1b | CN¥119.8b | CN¥14.6b | 18.2x | 13.1x | 1.6x |
| Tue, 29 Mar 2022 | CN¥221.9b | CN¥119.8b | CN¥13.2b | 18.7x | 16.8x | 1.9x |
| Thu, 24 Feb 2022 | CN¥233.9b | CN¥120.2b | CN¥12.5b | 22.1x | 18.7x | 1.9x |
| Sat, 22 Jan 2022 | CN¥237.5b | CN¥121.3b | CN¥12.5b | 23.4x | 19x | 2x |
| Mon, 20 Dec 2021 | CN¥238.4b | CN¥121.3b | CN¥12.5b | 22.9x | 19.1x | 2x |
| Wed, 17 Nov 2021 | CN¥218.0b | CN¥121.3b | CN¥12.5b | 22.5x | 17.4x | 1.8x |
| Fri, 15 Oct 2021 | CN¥218.1b | CN¥119.9b | CN¥12.5b | 19.9x | 17.5x | 1.8x |
| Sun, 12 Sep 2021 | CN¥222.6b | CN¥119.9b | CN¥12.5b | 19.6x | 17.9x | 1.9x |
| Tue, 10 Aug 2021 | CN¥202.2b | CN¥117.8b | CN¥12.2b | 17.8x | 16.6x | 1.7x |
| Mon, 03 May 2021 | CN¥189.8b | CN¥104.0b | CN¥9.8b | 16x | 19.4x | 1.8x |
Price to Earnings Ratio
19.4x
Current Industry PE
- Investors are relatively neutral on the Chinese Publishing 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 PE ratio of 18.8x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Publishing industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 7.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Publishing compare with similar industries?
| CN Market | -0.29% | |
| Telecom | -1.49% | |
| Media | -2.02% | |
| Publishing | -4.75% | |
| Advertising | 0.31% | |
| Cable and Satellite | -0.21% | |
| Broadcasting | -2.95% | |
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 | |
|---|---|---|---|---|---|
| 300364 COL GroupLtd | CN¥23.26 | 1.6% +CN¥262.8m | 14.3% | PE189.8x | |
| 603888 Xinhuanet | CN¥22.63 | 1.6% +CN¥186.9m | -23.7% | PE42.9x | |
| 601999 Northern United Publishing & Media (Group) | CN¥5.92 | 4.6% +CN¥143.2m | -22.1% | PE31.6x | |
| 600880 Chengdu B-ray MediaLtd | CN¥4.19 | 2.7% +CN¥120.3m | -31.1% | PE111.5x | |
| 300654 Astro-century Education&TechnologyLtd | CN¥9.88 | 2.7% +CN¥94.6m | -19.7% | PE84.9x |
