Why We're Not Concerned Yet About SSAW Hotels & Resorts Group Co.,Ltd.'s (SZSE:301073) 25% Share Price Plunge
May 13
Chinese (SSE) Hospitality Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies31
- 7D0.2%
- 3M8.2%
- 1Y-18.8%
- YTD-1.5%
The Hospitality is pretty flat in the last 7 days, but Changbai Mountain Tourism has stood out, gaining 6.1%. Unfortunately though, the industry is down 21% over the past 12 months. As for the next few years, earnings are expected to grow by 27% per annum.
Industry Valuation and Performance
Has the Chinese Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥193.9b | CN¥67.8b | CN¥3.8b | 42.1x | 51.6x | 2.9x |
| Sun, 14 Apr 2024 | CN¥213.8b | CN¥62.5b | CN¥4.0b | 39x | 53.8x | 3.4x |
| Tue, 12 Mar 2024 | CN¥189.7b | CN¥56.5b | CN¥2.9b | 36.9x | 65.3x | 3.4x |
| Thu, 08 Feb 2024 | CN¥171.5b | CN¥57.6b | CN¥3.2b | 30.9x | 53.6x | 3x |
| Sat, 06 Jan 2024 | CN¥198.4b | CN¥57.7b | CN¥3.2b | 38.2x | 62.1x | 3.4x |
| Mon, 04 Dec 2023 | CN¥180.2b | CN¥45.8b | CN¥2.3b | 36.1x | 78.5x | 3.9x |
| Wed, 01 Nov 2023 | CN¥174.1b | CN¥42.8b | CN¥1.7b | 39.9x | 100.5x | 4.1x |
| Fri, 29 Sep 2023 | CN¥190.8b | CN¥39.6b | CN¥507.7m | 93.1x | 375.8x | 4.8x |
| Sun, 27 Aug 2023 | CN¥192.5b | CN¥36.9b | -CN¥457,888,247.00 | 58.4x | -420.3x | 5.2x |
| Tue, 25 Jul 2023 | CN¥241.4b | CN¥109.6b | -CN¥13,084,734,423.00 | 67.1x | -18.4x | 2.2x |
| Thu, 22 Jun 2023 | CN¥242.0b | CN¥109.4b | -CN¥13,130,358,181.00 | 69.3x | -18.4x | 2.2x |
| Sat, 20 May 2023 | CN¥239.0b | CN¥109.4b | -CN¥12,655,244,812.00 | 59.4x | -18.9x | 2.2x |
| Mon, 17 Apr 2023 | CN¥278.6b | CN¥108.4b | -CN¥13,916,098,087.00 | 134.4x | -20x | 2.6x |
| Wed, 15 Mar 2023 | CN¥261.9b | CN¥115.3b | -CN¥2,254,997,410.00 | 85.9x | -116.2x | 2.3x |
| Fri, 10 Feb 2023 | CN¥259.6b | CN¥115.5b | -CN¥2,178,550,806.00 | 84.5x | -119.2x | 2.2x |
| Sun, 08 Jan 2023 | CN¥268.4b | CN¥115.3b | -CN¥2,178,840,452.00 | 90.8x | -123.2x | 2.3x |
| Tue, 06 Dec 2022 | CN¥253.8b | CN¥115.3b | -CN¥2,178,946,076.00 | 90.7x | -116.5x | 2.2x |
| Thu, 03 Nov 2022 | CN¥230.7b | CN¥115.4b | -CN¥2,166,635,409.00 | 121.1x | -106.5x | 2x |
| Sat, 01 Oct 2022 | CN¥224.3b | CN¥130.0b | -CN¥1,247,629,027.00 | 78.1x | -179.8x | 1.7x |
| Mon, 29 Aug 2022 | CN¥226.7b | CN¥165.3b | CN¥3.2b | 90.3x | 70x | 1.4x |
| Wed, 27 Jul 2022 | CN¥248.5b | CN¥139.9b | CN¥1.4b | 98.4x | 181.3x | 1.8x |
| Fri, 24 Jun 2022 | CN¥232.3b | CN¥139.9b | CN¥1.4b | 97.4x | 169.1x | 1.7x |
| Sun, 22 May 2022 | CN¥227.8b | CN¥139.9b | CN¥1.4b | 97x | 165.9x | 1.6x |
| Tue, 19 Apr 2022 | CN¥254.1b | CN¥141.5b | CN¥1.5b | 91.4x | 168x | 1.8x |
| Thu, 17 Mar 2022 | CN¥237.2b | CN¥139.0b | CN¥7.4b | 54.3x | 32.3x | 1.7x |
| Sat, 12 Feb 2022 | CN¥275.9b | CN¥138.9b | CN¥7.4b | 66x | 37.1x | 2x |
| Mon, 10 Jan 2022 | CN¥253.1b | CN¥138.9b | CN¥7.4b | 59.2x | 34x | 1.8x |
| Wed, 08 Dec 2021 | CN¥214.6b | CN¥138.9b | CN¥7.4b | 50.5x | 28.8x | 1.5x |
| Fri, 05 Nov 2021 | CN¥210.6b | CN¥138.8b | CN¥7.4b | 42.4x | 28.6x | 1.5x |
| Sun, 03 Oct 2021 | CN¥225.2b | CN¥128.0b | CN¥9.1b | 30.7x | 24.8x | 1.8x |
| Tue, 31 Aug 2021 | CN¥227.4b | CN¥127.6b | CN¥9.0b | 33.5x | 25.4x | 1.8x |
| Wed, 07 Jul 2021 | CN¥244.0b | CN¥127.6b | CN¥9.0b | 33.4x | 27.2x | 1.9x |
Price to Earnings Ratio
31.1x
Current Industry PE
- Investors are optimistic on the Chinese Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 50.8x which is higher than its 3-year average PE of 4.8x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have declined 23% per year over the last three years,
- Revenues have also declined 17% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Discretionary industry?
| CN Market | -1.53% | |
| Consumer Discretionary | -1.19% | |
| Hospitality | 0.18% | |
| Hotels, Resorts and Cruise Lines | 1.07% | |
| Casinos and Gaming | 0% | |
| Leisure Facilities | -1.77% | |
| Restaurants | -1.79% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 47.0%, which is lower than the prior year's growth of 59.3% per year.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 83.5x.
Forecasted Growth
- Analysts are most optimistic on the Leisure Facilities industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 59% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| 524 Guangzhou Lingnan Group Holdings | CN¥9.78 | 4.0% +CN¥254.7m | -4.3% | PE77.8x | |
| 600749 Tibet TourismLtd | CN¥11.86 | 9.9% +CN¥237.7m | -0.9% | PE788.3x | |
| 888 Emei Shan TourismLtd | CN¥12.13 | 3.1% +CN¥189.7m | 33.0% | PE27.6x | |
| 603099 Changbai Mountain Tourism | CN¥21.88 | 2.3% +CN¥133.3m | 124.6% | PE38.2x | |
| 300859 Western Regions Tourism DevelopmentLtd | CN¥31.90 | 2.5% +CN¥122.5m | 37.3% | PE46.4x |
