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Chinese (SSE) Packaged Foods and Meats Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies132
- 7D-3.8%
- 3M4.2%
- 1Y-10.9%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has dropped 2.4%, driven by a pullback from Foshan Haitian Flavouring and Food of 8.1%. On the other hand SDIC Zhonglu Fruit JuiceLtd is actually up 7.8%. The industry has fallen 10.0% in the last year. Looking forward, earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Chinese Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | CN¥2.0t | CN¥1.4t | CN¥40.3b | 26.5x | 49.1x | 1.4x |
| Fri, 26 Apr 2024 | CN¥1.9t | CN¥1.4t | CN¥51.3b | 27.1x | 37.4x | 1.4x |
| Sun, 24 Mar 2024 | CN¥1.9t | CN¥1.4t | CN¥49.3b | 26.4x | 39.3x | 1.4x |
| Tue, 20 Feb 2024 | CN¥1.9t | CN¥1.4t | CN¥56.4b | 27.1x | 33x | 1.3x |
| Thu, 18 Jan 2024 | CN¥1.9t | CN¥1.4t | CN¥56.3b | 30.9x | 33.7x | 1.3x |
| Sat, 16 Dec 2023 | CN¥1.9t | CN¥1.4t | CN¥56.3b | 31.7x | 34.5x | 1.4x |
| Mon, 13 Nov 2023 | CN¥2.0t | CN¥1.4t | CN¥56.5b | 32.1x | 35.4x | 1.4x |
| Wed, 11 Oct 2023 | CN¥2.0t | CN¥1.4t | CN¥67.5b | 32.2x | 29.3x | 1.4x |
| Fri, 08 Sep 2023 | CN¥2.0t | CN¥1.4t | CN¥67.6b | 33.2x | 29.9x | 1.4x |
| Sun, 06 Aug 2023 | CN¥2.2t | CN¥1.4t | CN¥77.2b | 39.4x | 28.3x | 1.6x |
| Tue, 04 Jul 2023 | CN¥2.2t | CN¥1.4t | CN¥77.0b | 38.5x | 28.1x | 1.5x |
| Thu, 01 Jun 2023 | CN¥2.1t | CN¥1.4t | CN¥77.0b | 38.4x | 27.2x | 1.5x |
| Sat, 29 Apr 2023 | CN¥2.4t | CN¥1.4t | CN¥66.8b | 41.3x | 35.4x | 1.7x |
| Mon, 27 Mar 2023 | CN¥2.4t | CN¥1.3t | CN¥45.7b | 47.5x | 52.6x | 1.8x |
| Wed, 22 Feb 2023 | CN¥2.5t | CN¥1.3t | CN¥38.8b | 45.8x | 65.3x | 2x |
| Fri, 20 Jan 2023 | CN¥2.5t | CN¥1.3t | CN¥38.7b | 43x | 64x | 1.9x |
| Sun, 18 Dec 2022 | CN¥2.5t | CN¥1.3t | CN¥38.8b | 43.3x | 63.8x | 1.9x |
| Tue, 15 Nov 2022 | CN¥2.3t | CN¥1.3t | CN¥39.0b | 38.6x | 59.3x | 1.8x |
| Thu, 13 Oct 2022 | CN¥2.4t | CN¥1.2t | CN¥12.6b | 36.8x | 191.1x | 1.9x |
| Sat, 10 Sep 2022 | CN¥2.5t | CN¥1.2t | CN¥12.5b | 38.8x | 197.3x | 2x |
| Mon, 08 Aug 2022 | CN¥2.5t | CN¥1.2t | CN¥14.6b | 39.2x | 173x | 2.1x |
| Wed, 06 Jul 2022 | CN¥2.7t | CN¥1.2t | CN¥9.7b | 41.4x | 278.4x | 2.3x |
| Fri, 03 Jun 2022 | CN¥2.4t | CN¥1.2t | CN¥10.0b | 39x | 238.5x | 2x |
| Sun, 01 May 2022 | CN¥2.3t | CN¥1.2t | CN¥37.5b | 33.6x | 62.5x | 2x |
| Tue, 29 Mar 2022 | CN¥2.5t | CN¥1.2t | CN¥49.8b | 38.1x | 49.3x | 2.1x |
| Thu, 24 Feb 2022 | CN¥2.6t | CN¥1.1t | CN¥52.6b | 36.2x | 50.2x | 2.3x |
| Sat, 22 Jan 2022 | CN¥2.7t | CN¥1.1t | CN¥52.4b | 38.3x | 52.3x | 2.4x |
| Mon, 20 Dec 2021 | CN¥2.7t | CN¥1.1t | CN¥52.3b | 39.2x | 52x | 2.4x |
| Wed, 17 Nov 2021 | CN¥2.8t | CN¥1.1t | CN¥52.6b | 40.3x | 54.1x | 2.5x |
| Fri, 15 Oct 2021 | CN¥2.7t | CN¥1.1t | CN¥83.2b | 39.3x | 32.6x | 2.4x |
| Sun, 12 Sep 2021 | CN¥2.5t | CN¥1.1t | CN¥83.2b | 36.6x | 29.8x | 2.2x |
| Tue, 10 Aug 2021 | CN¥2.7t | CN¥1.1t | CN¥83.5b | 38.1x | 32.9x | 2.5x |
Price to Earnings Ratio
32.1x
Current Industry PE
- Investors are pessimistic on the Chinese Packaged Foods and Meats 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 49.8x which is lower than its 3-year average PE of 70.3x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have declined 26% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.9% 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 Packaged Foods and Meats compare with similar industries?
| CN Market | -2.58% | |
| Consumer Staples | -3.64% | |
| Food | -3.77% | |
| Packaged Foods and Meats | -3.82% | |
| Agricultural Products | -3.40% | |
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 | |
|---|---|---|---|---|---|
| 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 | |
| 2053 Yunnan Energy Investment | CN¥13.27 | 4.2% +CN¥488.0m | 26.6% | PE18.6x | |
| 600962 SDIC Zhonglu Fruit JuiceLtd | CN¥11.73 | 5.5% +CN¥159.9m | 1.0% | PE51x | |
| 2956 Guilin Seamild Foods | CN¥15.33 | 4.6% +CN¥148.2m | -4.2% | PE28x |
