Chinese (SSE) Publishing Industry Analysis

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
Sun, 31 May 2026	CN¥277.9b	CN¥113.4b	CN¥10.9b	37.3x	25.5x	2.5x
Tue, 28 Apr 2026	CN¥296.7b	CN¥115.4b	CN¥11.1b	38.8x	26.7x	2.6x
Thu, 26 Mar 2026	CN¥296.0b	CN¥117.5b	CN¥12.0b	38.9x	24.6x	2.5x
Sat, 21 Feb 2026	CN¥327.2b	CN¥117.5b	CN¥12.1b	39.5x	27.1x	2.8x
Mon, 19 Jan 2026	CN¥323.1b	CN¥117.9b	CN¥12.0b	37.3x	26.9x	2.7x
Wed, 17 Dec 2025	CN¥282.1b	CN¥117.9b	CN¥12.0b	35.7x	23.5x	2.4x
Fri, 14 Nov 2025	CN¥306.1b	CN¥117.9b	CN¥12.0b	40.6x	25.5x	2.6x
Sun, 12 Oct 2025	CN¥296.2b	CN¥118.2b	CN¥11.4b	35.6x	26.1x	2.5x
Tue, 09 Sep 2025	CN¥308.9b	CN¥118.4b	CN¥11.4b	37.1x	27.2x	2.6x
Thu, 07 Aug 2025	CN¥311.0b	CN¥122.1b	CN¥11.2b	36.3x	27.8x	2.5x
Sat, 05 Jul 2025	CN¥303.3b	CN¥122.1b	CN¥11.2b	34.6x	27.1x	2.5x
Mon, 02 Jun 2025	CN¥300.4b	CN¥122.1b	CN¥11.2b	36.7x	26.9x	2.5x
Wed, 30 Apr 2025	CN¥294.7b	CN¥123.4b	CN¥11.0b	31.4x	26.7x	2.4x
Fri, 28 Mar 2025	CN¥297.6b	CN¥124.8b	CN¥14.3b	24.5x	20.9x	2.4x
Sun, 23 Feb 2025	CN¥319.6b	CN¥124.8b	CN¥14.4b	24.5x	22.2x	2.6x
Tue, 21 Jan 2025	CN¥294.9b	CN¥124.8b	CN¥14.4b	24.4x	20.4x	2.4x
Thu, 19 Dec 2024	CN¥336.6b	CN¥124.8b	CN¥14.4b	27.5x	23.3x	2.7x
Sat, 16 Nov 2024	CN¥317.6b	CN¥124.8b	CN¥14.4b	26.6x	22x	2.5x
Mon, 14 Oct 2024	CN¥291.5b	CN¥125.9b	CN¥15.2b	17.2x	19.1x	2.3x
Wed, 11 Sep 2024	CN¥273.8b	CN¥127.5b	CN¥15.5b	16.3x	17.7x	2.1x
Fri, 09 Aug 2024	CN¥266.5b	CN¥127.1b	CN¥16.6b	27.6x	16x	2.1x
Sun, 07 Jul 2024	CN¥279.5b	CN¥126.9b	CN¥16.7b	26.7x	16.8x	2.2x
Tue, 04 Jun 2024	CN¥295.7b	CN¥126.9b	CN¥16.7b	28x	17.7x	2.3x
Thu, 02 May 2024	CN¥300.6b	CN¥126.9b	CN¥16.4b	30.6x	18.3x	2.4x
Sat, 30 Mar 2024	CN¥321.0b	CN¥126.2b	CN¥16.0b	34.4x	20.1x	2.5x
Mon, 26 Feb 2024	CN¥308.3b	CN¥126.2b	CN¥14.8b	32.8x	20.9x	2.4x
Wed, 24 Jan 2024	CN¥271.5b	CN¥125.5b	CN¥14.5b	34x	18.7x	2.2x
Fri, 22 Dec 2023	CN¥326.8b	CN¥125.5b	CN¥14.5b	42.8x	22.5x	2.6x
Sun, 19 Nov 2023	CN¥328.0b	CN¥125.5b	CN¥14.5b	38x	22.6x	2.6x
Tue, 17 Oct 2023	CN¥307.9b	CN¥125.5b	CN¥14.0b	37.5x	21.9x	2.5x
Thu, 14 Sep 2023	CN¥310.3b	CN¥125.5b	CN¥14.0b	38x	22.1x	2.5x
Sat, 12 Aug 2023	CN¥310.0b	CN¥123.9b	CN¥13.8b	40.8x	22.4x	2.5x
Mon, 10 Jul 2023	CN¥319.4b	CN¥123.9b	CN¥13.8b	42.4x	23.1x	2.6x
Wed, 07 Jun 2023	CN¥379.0b	CN¥123.9b	CN¥13.8b	47x	27.4x	3.1x

Current Industry PE

Investors are optimistic on the Chinese Publishing industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 25.5x which is higher than its 3-year average PE of 22.9x.

The industry is trading close to its 3-year average PS ratio of 2.5x.

Past Earnings Growth

The earnings for companies in the Publishing industry have declined 7.6% per year over the last three years,
Revenues have also declined 2.9% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Chinese Publishing compare with similar industries?


CN Market	-1.83%
Telecom	-3.90%
Media	-4.22%
Publishing	-1.86%
Advertising	-3.85%
Broadcasting	-5.39%
Cable and Satellite	-7.18%

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
002181 Guangdong Guangzhou Daily Media	CN¥16.51	20.1% +CN¥3.2b	198.0%	PE262.5x
301231 Rongxin Education and Culture Industry Development	CN¥33.69	16.3% +CN¥396.0m	45.5%	PS8.1x
601921 Zhejiang Publishing & Media	CN¥7.47	1.8% +CN¥288.9m	-8.5%	PE13.2x
600757 Changjiang Publishing & MediaLtd	CN¥8.08	0.4% +CN¥36.4m	-16.4%	PE10.3x

Company

Last Price

Valuation

002181 Guangdong Guangzhou Daily Media

CN¥16.51

20.1%
+CN¥3.2b

198.0%

PE262.5x

301231 Rongxin Education and Culture Industry Development

CN¥33.69

16.3%
+CN¥396.0m

45.5%

PS8.1x

601921 Zhejiang Publishing & Media

CN¥7.47

1.8%
+CN¥288.9m

-8.5%

PE13.2x

600757 Changjiang Publishing & MediaLtd

CN¥8.08

0.4%
+CN¥36.4m

-16.4%

PE10.3x

New minor risk - Earnings quality

The company has large one-off items impacting its financial results. One-off items were 228% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 33% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 6x cash flows per share). Large one-off items impacting financial results.

Chinese (SSE) Publishing Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 15%

New minor risk - Earnings quality

Investor sentiment improves as stock rises 16%

Now 20% undervalued after recent price drop

First quarter 2026 earnings released: EPS: CN¥0.059 (vs CN¥0.073 in 1Q 2025)

Full year 2025 earnings released: CN¥0.22 loss per share (vs CN¥0.53 loss in FY 2024)

First quarter 2026 earnings released: EPS: CN¥0.01 (vs CN¥0.002 in 1Q 2025)

Full year 2025 earnings released: EPS: CN¥0.19 (vs CN¥0.19 in FY 2024)

New major risk - Financial position

Price target increased by 13% to CN¥18.00

New minor risk - Earnings quality