Chongqing Department StoreLtd's (SHSE:600729) Earnings Are Of Questionable Quality
May 07
Chinese (SSE) General Merchandise and Department Stores Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies39
- 7D-0.3%
- 3M6.2%
- 1Y-12.2%
- YTD-5.7%
The General Merchandise and Department Stores is pretty flat in the last 7 days, but Easyhome New Retail Group has stood out, gaining 4.3%. As for the longer term, the industry has declined 12% in the last year. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Chinese General Merchandise and Department Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥250.7b | CN¥164.3b | CN¥5.6b | 29.6x | 44.8x | 1.5x |
| Sun, 14 Apr 2024 | CN¥256.1b | CN¥160.6b | CN¥5.6b | 29.2x | 45.6x | 1.6x |
| Tue, 12 Mar 2024 | CN¥256.0b | CN¥160.0b | CN¥5.4b | 26.2x | 47x | 1.6x |
| Thu, 08 Feb 2024 | CN¥222.1b | CN¥160.2b | CN¥5.5b | 21.5x | 40.3x | 1.4x |
| Sat, 06 Jan 2024 | CN¥271.4b | CN¥165.9b | CN¥5.3b | 29.7x | 51.1x | 1.6x |
| Mon, 04 Dec 2023 | CN¥289.3b | CN¥165.9b | CN¥5.3b | 29.6x | 54.5x | 1.7x |
| Wed, 01 Nov 2023 | CN¥262.0b | CN¥158.3b | CN¥5.7b | 27.7x | 45.7x | 1.7x |
| Fri, 29 Sep 2023 | CN¥218.6b | CN¥147.5b | CN¥3.6b | 27.5x | 60.8x | 1.5x |
| Sun, 27 Aug 2023 | CN¥220.4b | CN¥142.6b | CN¥3.1b | 27.2x | 70.8x | 1.5x |
| Tue, 25 Jul 2023 | CN¥229.1b | CN¥141.0b | CN¥2.8b | 28.7x | 81.3x | 1.6x |
| Thu, 22 Jun 2023 | CN¥210.1b | CN¥141.1b | CN¥2.9b | 29.1x | 72.7x | 1.5x |
| Sat, 20 May 2023 | CN¥223.8b | CN¥141.9b | CN¥3.8b | 30.3x | 58.2x | 1.6x |
| Mon, 17 Apr 2023 | CN¥232.7b | CN¥141.0b | CN¥5.5b | 36.8x | 42.5x | 1.6x |
| Wed, 15 Mar 2023 | CN¥213.9b | CN¥136.7b | CN¥6.5b | 28.6x | 32.7x | 1.6x |
| Fri, 10 Feb 2023 | CN¥219.5b | CN¥136.7b | CN¥6.5b | 33.9x | 33.8x | 1.6x |
| Sun, 08 Jan 2023 | CN¥240.9b | CN¥142.0b | CN¥7.3b | 32.2x | 33.2x | 1.7x |
| Tue, 06 Dec 2022 | CN¥252.5b | CN¥142.0b | CN¥7.3b | 32.5x | 34.8x | 1.8x |
| Thu, 03 Nov 2022 | CN¥202.7b | CN¥142.0b | CN¥6.9b | 24.1x | 29.3x | 1.4x |
| Sat, 01 Oct 2022 | CN¥201.6b | CN¥143.5b | CN¥7.7b | 25.7x | 26.1x | 1.4x |
| Mon, 29 Aug 2022 | CN¥214.1b | CN¥147.0b | CN¥8.7b | 28.6x | 24.7x | 1.5x |
| Wed, 27 Jul 2022 | CN¥225.3b | CN¥150.9b | CN¥8.7b | 31.5x | 25.9x | 1.5x |
| Fri, 24 Jun 2022 | CN¥228.9b | CN¥150.9b | CN¥8.7b | 33x | 26.3x | 1.5x |
| Sun, 22 May 2022 | CN¥236.6b | CN¥151.1b | CN¥4.6b | 34.6x | 52x | 1.6x |
| Tue, 19 Apr 2022 | CN¥242.3b | CN¥152.0b | CN¥4.8b | 29.5x | 50.6x | 1.6x |
| Thu, 17 Mar 2022 | CN¥234.9b | CN¥159.9b | CN¥6.0b | 23.7x | 39.4x | 1.5x |
| Sat, 12 Feb 2022 | CN¥275.7b | CN¥159.9b | CN¥5.9b | 25.5x | 46.9x | 1.7x |
| Mon, 10 Jan 2022 | CN¥263.3b | CN¥159.9b | CN¥5.9b | 26.5x | 44.8x | 1.6x |
| Wed, 08 Dec 2021 | CN¥253.3b | CN¥160.1b | CN¥5.9b | 24.3x | 42.8x | 1.6x |
| Fri, 05 Nov 2021 | CN¥254.3b | CN¥163.3b | CN¥6.2b | 23.8x | 40.9x | 1.6x |
| Sun, 03 Oct 2021 | CN¥249.2b | CN¥161.8b | CN¥6.4b | 22.6x | 39.2x | 1.5x |
| Tue, 31 Aug 2021 | CN¥233.6b | CN¥163.6b | CN¥6.5b | 21.6x | 36x | 1.4x |
| Wed, 07 Jul 2021 | CN¥240.6b | CN¥163.6b | CN¥6.5b | 21.2x | 37.1x | 1.5x |
Price to Earnings Ratio
42.5x
Current Industry PE
- Investors are relatively neutral on the Chinese Multiline Retail 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 44.0x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Multiline Retail industry have declined 3.5% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | -1.53% | |
| Consumer Discretionary | -1.19% | |
| General Merchandise and Department Stores | -0.32% | |
| Department Stores | 0% | |
| General Merchandise Stores | 0% | |
| Broadline Retail | -0.32% | |
Industry PE
- Investors are most optimistic about the Broadline Retail industry even though it's trading below its 3-year average PE ratio of 55.9x.
- Analysts are expecting annual earnings growth of 17.0%, which is higher than its past year's earnings growth of 10.1% per year.
- Investors are most pessimistic about the Broadline Retail industry, which is trading below its 3-year average of 55.9x.
Forecasted Growth
- Analysts are most optimistic on the Broadline Retail industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Broadline Retail industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| 785 Easyhome New Retail Group | CN¥3.12 | 4.3% +CN¥815.0m | -22.8% | PE16.3x | |
| 564 Ccoop Group | CN¥1.91 | 2.1% +CN¥766.6m | 60.5% | PS25.7x | |
| 600859 Wangfujing Group | CN¥14.17 | 4.9% +CN¥749.1m | -33.1% | PE22.7x | |
| 301381 Sailvan Times | CN¥27.12 | 4.4% +CN¥460.1m | n/a | PE29.4x | |
| 301558 SFC Holdings | CN¥10.38 | 5.4% +CN¥418.1m | n/a | PE70.2x |
