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Chinese (SSE) Market Analysis & Valuation

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies4769
  • 7D-1.5%
  • 3M-6.5%
  • 1Y-19.4%
  • YTD-19.5%

Over the last 7 days, the market has dropped 1.5%, driven by a loss of 4.0% in the Information Technology sector. As for last year, the market is also down 19%. As for the next few years, earnings are expected to grow by 28% per annum.

Market Valuation and Performance

Has the Chinese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022CN¥67.7tCN¥47.5tCN¥2.8t33.4x24x1.4x
Thu, 27 Oct 2022CN¥66.1tCN¥46.7tCN¥2.9t32.1x22.9x1.4x
Sat, 24 Sep 2022CN¥66.7tCN¥46.5tCN¥2.9t31.1x23.4x1.4x
Mon, 22 Aug 2022CN¥72.7tCN¥46.4tCN¥2.9t35.7x25.4x1.6x
Wed, 20 Jul 2022CN¥70.8tCN¥46.1tCN¥2.8t33.1x25.1x1.5x
Fri, 17 Jun 2022CN¥69.6tCN¥46.1tCN¥2.8t32.6x24.6x1.5x
Sun, 15 May 2022CN¥64.4tCN¥46.1tCN¥2.8t30.4x22.8x1.4x
Tue, 12 Apr 2022CN¥66.3tCN¥45.2tCN¥3.0t30.3x22.4x1.5x
Thu, 10 Mar 2022CN¥69.2tCN¥44.5tCN¥3.0t32.4x23.2x1.6x
Sat, 05 Feb 2022CN¥72.7tCN¥44.1tCN¥3.0t34.1x24.6x1.6x
Mon, 03 Jan 2022CN¥80.2tCN¥43.8tCN¥2.9t38.2x27.4x1.8x
Wed, 01 Dec 2021CN¥78.8tCN¥43.7tCN¥2.9t37.2x27x1.8x
Fri, 29 Oct 2021CN¥74.5tCN¥43.4tCN¥3.0t32.2x25.1x1.7x
Sun, 26 Sep 2021CN¥75.5tCN¥42.4tCN¥2.9t34.3x25.8x1.8x
Tue, 24 Aug 2021CN¥76.1tCN¥42.4tCN¥2.9t35.2x26x1.8x
Wed, 30 Jun 2021CN¥75.5tCN¥42.2tCN¥2.9t33.9x26x1.8x
Sat, 03 Apr 2021CN¥67.8tCN¥39.8tCN¥2.7t32x25.4x1.7x
Tue, 05 Jan 2021CN¥69.1tCN¥36.8tCN¥2.4t37.9x29.3x1.9x
Fri, 09 Oct 2020CN¥62.2tCN¥35.1tCN¥2.1t39x29.3x1.8x
Thu, 02 Jul 2020CN¥55.8tCN¥33.9tCN¥2.0t37.6x27.5x1.6x
Sun, 05 Apr 2020CN¥47.2tCN¥33.2tCN¥2.0t35.1x23.5x1.4x
Wed, 08 Jan 2020CN¥48.8tCN¥33.8tCN¥2.1t34.7x23.2x1.4x
Price to Earnings Ratio

21.4x


Total Market Cap: CN¥45.0tTotal Earnings: CN¥2.1tTotal Revenue: CN¥32.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Market Price to Earnings3Y Average 26x202020212022
Current Market PE
  • Investors are relatively neutral on the Chinese market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 26.0x.
Past Earnings Growth
  • The earnings for Chinese listed companies have grown 10% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Chinese Market?

CN Market-1.52%
Real Estate3.79%
Energy3.14%
Utilities2.67%
Financials1.81%
Materials-0.15%
Industrials-0.33%
Consumer Discretionary-2.22%
Telecom-2.82%
Consumer Staples-3.15%
Tech-3.97%
Healthcare-4.91%
Sector PE
  • Investors are most optimistic about the Real Estate sector which is trading above its 3-year average PE ratio of 15.4x.
    • This optimism is likely because analysts are expecting annual earnings growth of 19.1% which is higher than its past year's earnings decline of 28.3% per year.
  • Investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 15.7x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 0.9% per year.
  • In contrast, the Energy sector is expected to see its earnings grow by 9.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
601668 China State Construction EngineeringCN¥5.649.1%
+CN¥19.7b
21.6%PE4.2xIndustrials
2 China VankeCN¥17.1210.0%
+CN¥17.9b
-7.3%PB0.8xReal Estate
600050 China United Network CommunicationsCN¥4.1812.7%
+CN¥14.9b
8.0%PE17.9xTelecom
601390 China Railway GroupCN¥5.7510.6%
+CN¥13.6b
8.1%PE5.1xIndustrials
601166 Industrial BankCN¥16.733.8%
+CN¥12.9b
-7.4%PB0.5xFinancials
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CN¥6.03

CNPC Capital

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16.9%

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603259

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601166

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9.1%

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600519

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Kweichow Moutai

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2

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10.0%

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Power Construction Corporation of China

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9.5%

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600900

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China Yangtze Power

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1.9%

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300122

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Chongqing Zhifei Biological Products

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