Is New Hope LiuheLtd (SZSE:000876) Using Too Much Debt?
May 30
Chinese (SSE) Agricultural Products Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies31
- 7D-3.7%
- 3M4.2%
- 1Y-9.5%
- YTDn/a
Over the last 7 days, the Agricultural Products industry has dropped 3.4%, driven by New Hope LiuheLtd declining 4.7%. Meanwhile, Jiangxi Zhengbang TechnologyLtd actually outperformed within the industry, gaining 9.5% in the last week. Overall the industry is down 9.4% in 12 months. Earnings are forecast to grow by 61% annually.
Industry Valuation and Performance
Has the Chinese Agricultural Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥263.8b | CN¥303.1b | CN¥8.1b | 34.3x | 32.7x | 0.9x |
| Sat, 27 Apr 2024 | CN¥225.9b | CN¥331.4b | -CN¥4,725,189,109.00 | 27.3x | -47.8x | 0.7x |
| Mon, 25 Mar 2024 | CN¥238.1b | CN¥330.0b | -CN¥4,029,340,513.00 | 28.2x | -59.1x | 0.7x |
| Wed, 21 Feb 2024 | CN¥223.4b | CN¥330.4b | -CN¥3,470,475,896.00 | 26.6x | -64.4x | 0.7x |
| Fri, 19 Jan 2024 | CN¥236.7b | CN¥331.4b | -CN¥3,477,491,205.00 | 35x | -68.1x | 0.7x |
| Sun, 17 Dec 2023 | CN¥260.4b | CN¥331.5b | -CN¥3,542,795,780.00 | 38.5x | -73.5x | 0.8x |
| Tue, 14 Nov 2023 | CN¥274.3b | CN¥334.1b | -CN¥3,448,536,166.00 | 40.3x | -79.5x | 0.8x |
| Thu, 12 Oct 2023 | CN¥272.3b | CN¥334.1b | CN¥1.1b | 37.6x | 254.6x | 0.8x |
| Sat, 09 Sep 2023 | CN¥279.3b | CN¥333.8b | CN¥1.3b | 39.2x | 221.7x | 0.8x |
| Mon, 07 Aug 2023 | CN¥302.0b | CN¥326.9b | CN¥2.6b | 37.9x | 114.4x | 0.9x |
| Wed, 05 Jul 2023 | CN¥293.1b | CN¥323.4b | CN¥2.5b | 38.9x | 115.7x | 0.9x |
| Fri, 02 Jun 2023 | CN¥288.8b | CN¥323.4b | CN¥2.5b | 35.1x | 114x | 0.9x |
| Sun, 30 Apr 2023 | CN¥315.6b | CN¥315.1b | -CN¥2,599,973,488.00 | 30.8x | -121.4x | 1x |
| Tue, 28 Mar 2023 | CN¥324.1b | CN¥303.4b | -CN¥4,632,829,463.00 | 27.7x | -70x | 1.1x |
| Thu, 23 Feb 2023 | CN¥525.0b | CN¥418.0b | CN¥18.3b | 29.4x | 28.7x | 1.3x |
| Sat, 21 Jan 2023 | CN¥523.6b | CN¥418.1b | CN¥18.5b | 27.3x | 28.3x | 1.3x |
| Mon, 19 Dec 2022 | CN¥511.3b | CN¥417.3b | CN¥18.5b | 26.6x | 27.7x | 1.2x |
| Wed, 16 Nov 2022 | CN¥527.3b | CN¥415.5b | CN¥18.4b | 29.4x | 28.6x | 1.3x |
| Fri, 14 Oct 2022 | CN¥537.3b | CN¥381.4b | CN¥4.2b | 41.5x | 127.5x | 1.4x |
| Sun, 11 Sep 2022 | CN¥582.5b | CN¥379.9b | CN¥4.2b | 43.6x | 137.3x | 1.5x |
| Tue, 09 Aug 2022 | CN¥560.2b | CN¥359.4b | -CN¥2,142,548,494.00 | 49.1x | -261.5x | 1.6x |
| Thu, 07 Jul 2022 | CN¥639.1b | CN¥357.1b | -CN¥2,703,947,745.00 | 55.3x | -236.4x | 1.8x |
| Sat, 04 Jun 2022 | CN¥537.5b | CN¥356.6b | -CN¥2,774,505,483.00 | 57.8x | -193.7x | 1.5x |
| Mon, 02 May 2022 | CN¥501.3b | CN¥415.9b | -CN¥527,497,144.00 | 43.8x | -950.4x | 1.2x |
| Wed, 30 Mar 2022 | CN¥583.7b | CN¥396.5b | -CN¥5,288,362,892.00 | 62.1x | -110.4x | 1.5x |
| Fri, 25 Feb 2022 | CN¥529.5b | CN¥395.9b | -CN¥5,040,976,514.00 | 59.6x | -105x | 1.3x |
| Sun, 23 Jan 2022 | CN¥535.3b | CN¥394.5b | -CN¥4,108,305,407.00 | 46.4x | -130.3x | 1.4x |
| Tue, 21 Dec 2021 | CN¥563.4b | CN¥394.5b | -CN¥4,108,305,407.00 | 46.9x | -137.1x | 1.4x |
| Thu, 18 Nov 2021 | CN¥590.3b | CN¥394.5b | -CN¥4,108,305,407.00 | 46.7x | -143.7x | 1.5x |
| Sat, 16 Oct 2021 | CN¥587.1b | CN¥384.2b | CN¥12.2b | 47.1x | 48x | 1.5x |
| Mon, 13 Sep 2021 | CN¥584.1b | CN¥384.7b | CN¥12.2b | 44.9x | 47.7x | 1.5x |
| Wed, 11 Aug 2021 | CN¥549.9b | CN¥384.7b | CN¥12.2b | 40.2x | 44.9x | 1.4x |
| Sun, 06 Jun 2021 | CN¥519.9b | CN¥356.7b | CN¥20.4b | 40.6x | 25.4x | 1.5x |
Price to Earnings Ratio
25.4x
Current Industry PE
- Investors are optimistic on the Chinese Agricultural Products industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 32.8x which is higher than its 3-year average PE of -4.4x.
- The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Agricultural Products industry have declined 27% per year over the last three years,
- Revenues have also declined 5.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Agricultural Products compare with similar industries?
| CN Market | -2.62% | |
| Consumer Staples | -2.87% | |
| Food | -2.89% | |
| Agricultural Products | -3.70% | |
| Packaged Foods and Meats | -2.78% | |
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 | |
|---|---|---|---|---|---|
| 2157 Jiangxi Zhengbang TechnologyLtd | CN¥3.41 | 8.9% +CN¥2.6b | 49.6% | PE3.3x |
