Cautious Investors Not Rewarding Luxshare Precision Industry Co., Ltd.'s (SZSE:002475) Performance Completely
Jun 13
Chinese (SSE) Market Analysis & Valuation
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies4991
- 7D0.06%
- 3M-4.2%
- 1Y-16.1%
- YTD-5.3%
The Information Technology sector gained 4.6% while the market remained flat over the last week. The past year hasn't been profitable, with the market dropping 16%. Looking forward, earnings are forecast to grow by 23% annually.
Market Valuation and Performance
Has the Chinese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | CN¥62.6t | CN¥50.8t | CN¥2.8t | 29.9x | 22.4x | 1.2x |
| Mon, 13 May 2024 | CN¥66.1t | CN¥50.8t | CN¥2.8t | 32.4x | 23.8x | 1.3x |
| Wed, 10 Apr 2024 | CN¥64.2t | CN¥49.9t | CN¥2.8t | 31.1x | 22.6x | 1.3x |
| Fri, 08 Mar 2024 | CN¥63.2t | CN¥51.2t | CN¥2.8t | 30x | 22.2x | 1.2x |
| Sun, 04 Feb 2024 | CN¥55.9t | CN¥52.0t | CN¥3.0t | 26.4x | 18.3x | 1.1x |
| Tue, 02 Jan 2024 | CN¥65.4t | CN¥49.8t | CN¥2.7t | 35.2x | 24.1x | 1.3x |
| Thu, 30 Nov 2023 | CN¥66.7t | CN¥49.8t | CN¥2.7t | 35.9x | 24.6x | 1.3x |
| Sat, 28 Oct 2023 | CN¥65.7t | CN¥49.7t | CN¥2.7t | 33.9x | 24.1x | 1.3x |
| Mon, 25 Sep 2023 | CN¥67.8t | CN¥49.6t | CN¥2.7t | 34.9x | 24.8x | 1.4x |
| Wed, 23 Aug 2023 | CN¥68.2t | CN¥49.3t | CN¥2.8t | 34.6x | 24.3x | 1.4x |
| Fri, 21 Jul 2023 | CN¥69.9t | CN¥49.1t | CN¥2.8t | 36x | 24.8x | 1.4x |
| Sun, 18 Jun 2023 | CN¥72.1t | CN¥49.1t | CN¥2.8t | 36.6x | 25.6x | 1.5x |
| Tue, 16 May 2023 | CN¥71.2t | CN¥48.9t | CN¥2.8t | 35.2x | 25.2x | 1.5x |
| Thu, 13 Apr 2023 | CN¥74.0t | CN¥48.4t | CN¥2.9t | 36.2x | 25.7x | 1.5x |
| Sat, 11 Mar 2023 | CN¥71.6t | CN¥47.8t | CN¥2.9t | 36.2x | 25x | 1.5x |
| Mon, 06 Feb 2023 | CN¥73.5t | CN¥47.9t | CN¥3.1t | 36x | 24.1x | 1.5x |
| Wed, 04 Jan 2023 | CN¥68.6t | CN¥47.6t | CN¥2.8t | 33x | 24.3x | 1.4x |
| Fri, 02 Dec 2022 | CN¥69.5t | CN¥47.5t | CN¥2.8t | 34.3x | 24.6x | 1.5x |
| Sun, 30 Oct 2022 | CN¥63.7t | CN¥47.3t | CN¥2.8t | 31.4x | 22.6x | 1.3x |
| Tue, 27 Sep 2022 | CN¥66.2t | CN¥46.6t | CN¥2.9t | 30.5x | 23.2x | 1.4x |
| Thu, 25 Aug 2022 | CN¥71.4t | CN¥46.6t | CN¥2.9t | 34.6x | 24.9x | 1.5x |
| Sat, 23 Jul 2022 | CN¥71.9t | CN¥46.1t | CN¥2.8t | 34.5x | 25.4x | 1.6x |
| Mon, 20 Jun 2022 | CN¥70.5t | CN¥46.1t | CN¥2.8t | 32.7x | 24.9x | 1.5x |
| Wed, 18 May 2022 | CN¥64.6t | CN¥46.1t | CN¥2.8t | 30.4x | 22.9x | 1.4x |
| Fri, 15 Apr 2022 | CN¥67.3t | CN¥45.3t | CN¥3.0t | 30.7x | 22.7x | 1.5x |
| Sun, 13 Mar 2022 | CN¥70.9t | CN¥44.7t | CN¥3.0t | 33.1x | 23.8x | 1.6x |
| Tue, 08 Feb 2022 | CN¥73.8t | CN¥44.1t | CN¥3.0t | 34.5x | 25x | 1.7x |
| Thu, 06 Jan 2022 | CN¥78.8t | CN¥43.8t | CN¥2.9t | 37.7x | 26.8x | 1.8x |
| Sat, 04 Dec 2021 | CN¥79.3t | CN¥43.7t | CN¥2.9t | 37x | 27.1x | 1.8x |
| Mon, 01 Nov 2021 | CN¥75.5t | CN¥43.3t | CN¥2.9t | 33.1x | 25.7x | 1.7x |
| Wed, 29 Sep 2021 | CN¥75.6t | CN¥42.4t | CN¥2.9t | 33.6x | 25.8x | 1.8x |
| Fri, 27 Aug 2021 | CN¥75.7t | CN¥42.4t | CN¥2.9t | 35x | 25.9x | 1.8x |
| Sat, 03 Jul 2021 | CN¥75.5t | CN¥42.2t | CN¥2.9t | 33.9x | 26x | 1.8x |
Price to Earnings Ratio
26x
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 24.4x.
Past Earnings Growth
- The earnings for Chinese listed companies have remained mostly flat over the last three years.
- Meanwhile revenues have grown 6.3% 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 Market | 0.061% | |
| Tech | 4.55% | |
| Telecom | 1.75% | |
| Consumer Discretionary | 0.049% | |
| Financials | -0.40% | |
| Energy | -0.59% | |
| Industrials | -0.59% | |
| Healthcare | -0.73% | |
| Utilities | -1.31% | |
| Materials | -1.33% | |
| Real Estate | -1.42% | |
| Consumer Staples | -2.87% | |
Sector PE
- Investors favour the Tech sector the most for future growth, which is trading close to its 3-year average PE ratio of 49.1x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 34.3% which is higher than its past year's earnings decline of 5.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 5.5% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 12% 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 | Sector | |
|---|---|---|---|---|---|---|
| 601138 Foxconn Industrial Internet | CN¥27.23 | 11.0% +CN¥53.6b | 13.2% | PE24.5x | Tech | |
| 300308 Zhongji Innolight | CN¥138.30 | 15.7% +CN¥20.6b | 24.9% | PE51.8x | Tech | |
| 2475 Luxshare Precision Industry | CN¥34.35 | 6.7% +CN¥15.4b | 15.9% | PE21.6x | Tech | |
| 300502 Eoptolink Technology | CN¥108.50 | 19.1% +CN¥12.3b | 58.1% | PE85.1x | Tech | |
| 688041 Hygon Information Technology | CN¥73.14 | 7.3% +CN¥11.6b | -5.1% | PE129.5x | Tech |
