Chongqing Department StoreLtd's (SHSE:600729) Earnings Are Of Questionable Quality
May 07
Chinese (SSE) Broadline Retail Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies39
- 7D1.4%
- 3M-7.6%
- 1Y-9.8%
- YTDn/a
The Broadline Retail industry has gained 1.4% in the last week and Easyhome New Retail Group up 4.3%. In contrast, the industry has lost 9.8% in the last 12 months. Looking forward, earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Chinese Broadline Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | CN¥253.3b | CN¥164.3b | CN¥5.6b | 29.9x | 45.3x | 1.5x |
| Tue, 16 Apr 2024 | CN¥247.1b | CN¥160.7b | CN¥5.7b | 28.3x | 43x | 1.5x |
| Thu, 14 Mar 2024 | CN¥255.7b | CN¥160.7b | CN¥5.5b | 25.9x | 46.2x | 1.6x |
| Sat, 10 Feb 2024 | CN¥230.0b | CN¥160.0b | CN¥5.4b | 23.9x | 42.2x | 1.4x |
| Mon, 08 Jan 2024 | CN¥271.4b | CN¥165.9b | CN¥5.3b | 29.7x | 51.1x | 1.6x |
| Wed, 06 Dec 2023 | CN¥282.3b | CN¥165.9b | CN¥5.3b | 29.7x | 53.1x | 1.7x |
| Fri, 03 Nov 2023 | CN¥259.9b | CN¥168.3b | CN¥5.7b | 27.5x | 45.2x | 1.5x |
| Sun, 01 Oct 2023 | CN¥218.6b | CN¥147.5b | CN¥3.6b | 27.5x | 60.8x | 1.5x |
| Tue, 29 Aug 2023 | CN¥221.7b | CN¥142.6b | CN¥3.1b | 27.2x | 70.9x | 1.6x |
| Thu, 27 Jul 2023 | CN¥231.9b | CN¥141.0b | CN¥2.8b | 29.1x | 82.3x | 1.6x |
| Sat, 24 Jun 2023 | CN¥210.1b | CN¥141.1b | CN¥2.9b | 29.1x | 72.7x | 1.5x |
| Mon, 22 May 2023 | CN¥223.8b | CN¥141.0b | CN¥2.9b | 30.3x | 77.3x | 1.6x |
| Wed, 19 Apr 2023 | CN¥231.2b | CN¥141.0b | CN¥5.5b | 35.1x | 42.3x | 1.6x |
Price to Earnings Ratio
34.1x
Current Industry PE
- Investors are pessimistic on the Chinese Broadline Retail industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 45.3x which is lower than its 3-year average PE of 55.8x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Broadline Retail industry have declined 6.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.3% 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, which has decreased profits.
Industry Comparison
How does Chinese Broadline Retail compare with similar industries?
| CN Market | 0.029% | |
| Consumer Discretionary | -0.47% | |
| General Merchandise and Department Stores | 1.40% | |
| Broadline Retail | 1.40% | |
| Department Stores | 0% | |
| General Merchandise Stores | 0% | |
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 | |
|---|---|---|---|---|---|
| 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 |
