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Chinese (SSE) Market Analysis & Valuation

UpdatedOct 31, 2024
DataAggregated Company Financials
Companies4985
  • 7D0.1%
  • 3M18.0%
  • 1Y4.1%
  • YTD6.3%

In the last week, the market has stayed flat, however the Real Estate sector stood out, gaining 4.3%. More promisingly, the market is up 4.1% over the past year. Earnings are forecast to grow by 25% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 31 Oct 2024CN¥70.5tCN¥50.2tCN¥2.8t34x25.4x1.4x
Sat, 28 Sep 2024CN¥63.8tCN¥50.4tCN¥2.8t30x22.9x1.3x
Mon, 26 Aug 2024CN¥56.3tCN¥50.8tCN¥2.8t26.1x19.8x1.1x
Wed, 24 Jul 2024CN¥58.4tCN¥50.7tCN¥2.8t27.4x20.8x1.2x
Fri, 21 Jun 2024CN¥61.5tCN¥50.8tCN¥2.8t29.4x22x1.2x
Sun, 19 May 2024CN¥66.2tCN¥50.8tCN¥2.8t32.4x23.7x1.3x
Tue, 16 Apr 2024CN¥63.2tCN¥51.0tCN¥2.9t29.5x22.1x1.2x
Thu, 14 Mar 2024CN¥65.0tCN¥51.5tCN¥2.9t31x22.7x1.3x
Sat, 10 Feb 2024CN¥59.2tCN¥51.9tCN¥3.1t26.5x19.2x1.1x
Mon, 08 Jan 2024CN¥63.5tCN¥49.9tCN¥2.7t34.2x23.4x1.3x
Wed, 06 Dec 2023CN¥65.3tCN¥49.8tCN¥2.7t34.9x24.1x1.3x
Fri, 03 Nov 2023CN¥65.6tCN¥71.3tCN¥11.0t34.2x6x0.9x
Sun, 01 Oct 2023CN¥67.6tCN¥49.6tCN¥2.7t35.2x24.8x1.4x
Tue, 29 Aug 2023CN¥67.1tCN¥49.4tCN¥2.8t33.5x23.8x1.4x
Thu, 27 Jul 2023CN¥70.9tCN¥49.1tCN¥2.8t36.1x25.1x1.4x
Sat, 24 Jun 2023CN¥70.5tCN¥49.1tCN¥2.8t36x25.1x1.4x
Mon, 22 May 2023CN¥71.0tCN¥49.0tCN¥2.8t35.6x25.2x1.5x
Wed, 19 Apr 2023CN¥74.4tCN¥48.4tCN¥2.9t36x26x1.5x
Fri, 17 Mar 2023CN¥70.8tCN¥47.9tCN¥2.9t35.2x24.7x1.5x
Sun, 12 Feb 2023CN¥73.7tCN¥47.5tCN¥2.9t36.5x25.7x1.6x
Tue, 10 Jan 2023CN¥70.3tCN¥47.5tCN¥2.8t33.6x24.9x1.5x
Thu, 08 Dec 2022CN¥70.4tCN¥47.5tCN¥2.8t34.5x24.9x1.5x
Sat, 05 Nov 2022CN¥68.2tCN¥47.4tCN¥2.8t34.1x24.2x1.4x
Mon, 03 Oct 2022CN¥65.3tCN¥46.6tCN¥2.9t30x22.9x1.4x
Wed, 31 Aug 2022CN¥71.3tCN¥46.6tCN¥2.9t34.3x25x1.5x
Fri, 29 Jul 2022CN¥72.0tCN¥46.1tCN¥2.8t34.5x25.4x1.6x
Sun, 26 Jun 2022CN¥72.2tCN¥46.2tCN¥2.8t33.9x25.5x1.6x
Tue, 24 May 2022CN¥66.2tCN¥46.1tCN¥2.8t31.3x23.5x1.4x
Thu, 21 Apr 2022CN¥65.8tCN¥45.5tCN¥3.0t30.5x22.1x1.4x
Sat, 19 Mar 2022CN¥70.0tCN¥44.8tCN¥3.0t32.3x23.4x1.6x
Mon, 14 Feb 2022CN¥73.5tCN¥44.1tCN¥3.0t34.1x24.8x1.7x
Wed, 12 Jan 2022CN¥77.7tCN¥43.8tCN¥2.9t37.6x26.5x1.8x
Fri, 10 Dec 2021CN¥80.3tCN¥43.7tCN¥2.9t37x27.4x1.8x
Sun, 07 Nov 2021CN¥75.4tCN¥43.8tCN¥2.9t34.3x25.8x1.7x
Price to Earnings Ratio

25.8x


Total Market Cap: CN¥75.4tTotal Earnings: CN¥2.9tTotal Revenue: CN¥43.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Market Price to Earnings3Y Average 23.9x202220232024
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 23.9x.
Past Earnings Growth
  • The earnings for Chinese listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 4.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Chinese Market?

CN Market0.13%
Real Estate4.29%
Tech1.51%
Telecom1.43%
Consumer Discretionary1.21%
Materials0.36%
Industrials0.19%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Energy-0.33%
Consumer Staples-0.69%
Healthcare-1.18%
Utilities-1.36%
Financials-2.03%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 48.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 38.7% which is higher than its past year's earnings decline of 1.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 1.4% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 11% 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
601127 Seres GroupLtdCN¥116.7019.7%
+CN¥28.9b
37.1%PE45.3xConsumer Discretionary
600839 Sichuan Changhong ElectricLtdCN¥16.4850.0%
+CN¥25.3b
198.6%PE137.4xConsumer Discretionary
600438 TongweiLtdCN¥30.7522.3%
+CN¥25.2b
18.2%PS1.3xTech
000958 SPIC Industry-Finance HoldingsCN¥9.6761.2%
+CN¥19.8b
133.6%PE39.5xFinancials
002583 Hytera CommunicationsCN¥28.2061.1%
+CN¥19.4b
374.7%PS8.2xTech
See more
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Market Insights

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Latest News

000958

CN¥9.67

SPIC Industry-Finance Holdings

7D

61.2%

1Y

133.6%

000100

CN¥5.30

TCL Technology Group

7D

24.7%

1Y

36.6%

002456

CN¥17.64

OFILM Group

7D

39.3%

1Y

78.9%

000651

CN¥43.50

Gree Electric Appliances of Zhuhai

7D

-8.2%

1Y

27.8%

600690

CN¥29.22

Haier Smart Home

7D

-6.5%

1Y

30.3%

000333

CN¥71.42

Midea Group

7D

-5.6%

1Y

34.3%

601138

CN¥24.25

Foxconn Industrial Internet

7D

-4.3%

1Y

66.1%

601127

CN¥116.70

Seres GroupLtd

7D

19.7%

1Y

37.1%

601601

CN¥36.80

China Pacific Insurance (Group)

7D

-5.6%

1Y

35.7%

600036

CN¥37.36

China Merchants Bank

7D

-5.0%

1Y

21.8%

600438

CN¥30.75

TongweiLtd

7D

22.3%

1Y

18.2%

000158

CN¥37.04

Shijiazhuang ChangShan BeiMing TechnologyLtd

7D

46.2%

1Y

285.8%

002583

CN¥28.20

Hytera Communications

7D

61.1%

1Y

374.7%

601318

CN¥55.92

Ping An Insurance (Group) Company of China

7D

-3.8%

1Y

24.1%