Is It Too Late To Consider Buying Shanxi Xinghuacun Fen Wine Factory Co.,Ltd. (SHSE:600809)?
May 29
Chinese (SSE) Consumer Staples Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies263
- 7D-2.9%
- 3M1.9%
- 1Y-6.7%
- YTD-0.08%
Over the last 7 days, the Consumer Staples industry has dropped 3.6%, driven by a pullback from Kweichow Moutai of 1.4%. Overall the industry is down 8.4% in 12 months. Looking forward, earnings are forecast to grow by 20% annually.
Sector Valuation and Performance
Has the Chinese Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥6.8t | CN¥2.7t | CN¥233.3b | 28x | 29.2x | 2.5x |
| Sat, 27 Apr 2024 | CN¥6.8t | CN¥2.7t | CN¥216.0b | 27.3x | 31.5x | 2.5x |
| Mon, 25 Mar 2024 | CN¥6.8t | CN¥2.7t | CN¥212.9b | 28.2x | 31.9x | 2.5x |
| Wed, 21 Feb 2024 | CN¥6.5t | CN¥2.7t | CN¥221.0b | 26.4x | 29.2x | 2.4x |
| Fri, 19 Jan 2024 | CN¥6.4t | CN¥2.7t | CN¥221.0b | 29.3x | 29.1x | 2.4x |
| Sun, 17 Dec 2023 | CN¥6.7t | CN¥2.7t | CN¥221.0b | 31.5x | 30.3x | 2.5x |
| Tue, 14 Nov 2023 | CN¥7.2t | CN¥2.7t | CN¥221.0b | 31.4x | 32.6x | 2.7x |
| Thu, 12 Oct 2023 | CN¥7.2t | CN¥2.7t | CN¥229.5b | 32.4x | 31.4x | 2.7x |
| Sat, 09 Sep 2023 | CN¥7.4t | CN¥2.7t | CN¥230.1b | 33.1x | 32.4x | 2.8x |
| Mon, 07 Aug 2023 | CN¥7.9t | CN¥2.6t | CN¥238.7b | 35.7x | 33x | 3x |
| Wed, 05 Jul 2023 | CN¥7.4t | CN¥2.6t | CN¥235.0b | 36.8x | 31.7x | 2.8x |
| Fri, 02 Jun 2023 | CN¥7.3t | CN¥2.6t | CN¥235.1b | 36x | 30.9x | 2.8x |
| Sun, 30 Apr 2023 | CN¥7.9t | CN¥2.6t | CN¥224.5b | 38x | 35.2x | 3x |
| Tue, 28 Mar 2023 | CN¥8.1t | CN¥2.4t | CN¥195.4b | 40.2x | 41.6x | 3.3x |
| Thu, 23 Feb 2023 | CN¥8.8t | CN¥2.5t | CN¥200.5b | 41.8x | 43.9x | 3.5x |
| Sat, 21 Jan 2023 | CN¥8.7t | CN¥2.5t | CN¥200.7b | 38.8x | 43.1x | 3.4x |
| Mon, 19 Dec 2022 | CN¥8.4t | CN¥2.5t | CN¥200.8b | 39.8x | 41.9x | 3.3x |
| Wed, 16 Nov 2022 | CN¥7.6t | CN¥2.5t | CN¥200.7b | 36.8x | 38.1x | 3x |
| Fri, 14 Oct 2022 | CN¥7.8t | CN¥2.4t | CN¥153.9b | 36.3x | 51x | 3.3x |
| Sun, 11 Sep 2022 | CN¥8.2t | CN¥2.4t | CN¥153.1b | 38.8x | 53.6x | 3.4x |
| Tue, 09 Aug 2022 | CN¥8.4t | CN¥2.3t | CN¥147.8b | 40.2x | 57.1x | 3.6x |
| Thu, 07 Jul 2022 | CN¥9.0t | CN¥2.3t | CN¥140.6b | 42.4x | 63.8x | 3.9x |
| Sat, 04 Jun 2022 | CN¥8.0t | CN¥2.3t | CN¥140.8b | 38.4x | 56.9x | 3.4x |
| Mon, 02 May 2022 | CN¥7.9t | CN¥2.4t | CN¥166.0b | 35.8x | 47.5x | 3.4x |
| Wed, 30 Mar 2022 | CN¥7.7t | CN¥2.3t | CN¥169.2b | 36.7x | 45.6x | 3.3x |
| Fri, 25 Feb 2022 | CN¥8.4t | CN¥2.3t | CN¥168.1b | 39.2x | 49.9x | 3.7x |
| Sun, 23 Jan 2022 | CN¥9.0t | CN¥2.3t | CN¥171.3b | 43.4x | 52.7x | 4x |
| Tue, 21 Dec 2021 | CN¥9.4t | CN¥2.3t | CN¥170.9b | 43x | 54.8x | 4.2x |
| Thu, 18 Nov 2021 | CN¥9.0t | CN¥2.2t | CN¥170.3b | 41.7x | 52.7x | 4x |
| Sat, 16 Oct 2021 | CN¥9.2t | CN¥2.2t | CN¥217.6b | 38.7x | 42.2x | 4.2x |
| Mon, 13 Sep 2021 | CN¥8.3t | CN¥2.2t | CN¥217.6b | 37.9x | 38x | 3.8x |
| Wed, 11 Aug 2021 | CN¥8.9t | CN¥2.2t | CN¥217.8b | 38.4x | 40.9x | 4x |
| Sun, 06 Jun 2021 | CN¥10.6t | CN¥2.1t | CN¥239.5b | 44.2x | 44.1x | 5x |
Price to Earnings Ratio
44.1x
Current Industry PE
- Investors are pessimistic on the Chinese Consumer Staples 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 29.3x which is lower than its 3-year average PE of 41.9x.
- The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.0% 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.
Industry Trends
Which industries have driven the changes within the Chinese Consumer Staples sector?
| CN Market | -2.62% | |
| Consumer Staples | -2.87% | |
| Beverage | -2.78% | |
| Personal Products | -2.82% | |
| Food | -2.89% | |
| Household Products | -3.07% | |
| Food and Staples Retail | -3.96% | |
| Tobacco | -13.30% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 92.5x.
- Analysts are expecting annual earnings growth of 31.0%, which is higher than its past year's earnings decline of 6.9% per year.
- Investors are most pessimistic about the Beverage industry, which is trading below its 3-year average of 36.3x.
Forecasted Growth
- Analysts are most optimistic on the Food industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings growth rate of 1.2% per year.
- In contrast, the Beverage industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 2157 Jiangxi Zhengbang TechnologyLtd | CN¥3.25 | 2.8% +CN¥833.4m | 36.0% | PE3.1x | |
| 300498 Wens Foodstuff Group | CN¥22.02 | 0.5% +CN¥731.7m | 30.9% | PS1.6x | |
| 300761 Jiangsu Lihua Animal Husbandry | CN¥25.30 | 3.3% +CN¥678.7m | 29.9% | PE624.2x | |
| 603605 Proya CosmeticsLtd | CN¥109.70 | 1.4% +CN¥599.7m | -8.6% | PE33.6x | |
| 603939 Yifeng Pharmacy Chain | CN¥45.85 | 1.3% +CN¥586.1m | 29.4% | PE31.3x |
