Chinese (SSE) Regional Banks Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies19
- 7D4.9%
- 3M18.7%
- 1Y5.8%
- YTDn/a
All of the companies in the Regional Banks industry have been up over the last week, with the industry up 5.7%. In the last 12 months, the industry was up 4.2%. Earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Chinese Regional Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | CN¥818.8b | CN¥282.8b | CN¥141.0b | 5.7x | 5.8x | 2.9x |
| Tue, 16 Apr 2024 | CN¥732.1b | CN¥291.3b | CN¥140.0b | 5.2x | 5.2x | 2.5x |
| Thu, 14 Mar 2024 | CN¥706.0b | CN¥302.2b | CN¥140.6b | 5.1x | 5x | 2.3x |
| Sat, 10 Feb 2024 | CN¥689.2b | CN¥300.1b | CN¥140.5b | 5.2x | 4.9x | 2.3x |
| Mon, 08 Jan 2024 | CN¥637.4b | CN¥279.6b | CN¥138.8b | 5.1x | 4.6x | 2.3x |
| Wed, 06 Dec 2023 | CN¥638.7b | CN¥279.6b | CN¥138.8b | 4.9x | 4.6x | 2.3x |
| Fri, 03 Nov 2023 | CN¥693.3b | CN¥282.1b | CN¥138.8b | 5x | 5x | 2.5x |
| Sun, 01 Oct 2023 | CN¥723.3b | CN¥275.9b | CN¥135.0b | 5.7x | 5.4x | 2.6x |
| Tue, 29 Aug 2023 | CN¥730.0b | CN¥282.8b | CN¥144.6b | 5.8x | 5x | 2.6x |
| Thu, 27 Jul 2023 | CN¥704.8b | CN¥265.7b | CN¥129.4b | 5.7x | 5.4x | 2.7x |
| Sat, 24 Jun 2023 | CN¥689.7b | CN¥265.7b | CN¥129.4b | 5.5x | 5.3x | 2.6x |
| Mon, 22 May 2023 | CN¥743.2b | CN¥264.9b | CN¥129.8b | 6x | 5.7x | 2.8x |
| Wed, 19 Apr 2023 | CN¥756.0b | CN¥276.0b | CN¥125.9b | 5.9x | 6x | 2.7x |
| Fri, 17 Mar 2023 | CN¥720.1b | CN¥330.2b | CN¥144.6b | 5.8x | 5x | 2.2x |
| Sun, 12 Feb 2023 | CN¥768.2b | CN¥330.2b | CN¥144.6b | 6x | 5.3x | 2.3x |
| Tue, 10 Jan 2023 | CN¥791.8b | CN¥252.2b | CN¥121.7b | 6.1x | 6.5x | 3.1x |
| Thu, 08 Dec 2022 | CN¥791.1b | CN¥252.2b | CN¥121.7b | 6.2x | 6.5x | 3.1x |
| Sat, 05 Nov 2022 | CN¥717.9b | CN¥252.2b | CN¥121.7b | 5.8x | 5.9x | 2.8x |
| Mon, 03 Oct 2022 | CN¥799.4b | CN¥241.3b | CN¥115.2b | 6.4x | 6.9x | 3.3x |
| Wed, 31 Aug 2022 | CN¥777.0b | CN¥240.0b | CN¥115.1b | 6.7x | 6.7x | 3.2x |
| Fri, 29 Jul 2022 | CN¥812.3b | CN¥234.3b | CN¥112.5b | 6.9x | 7.2x | 3.5x |
| Sun, 26 Jun 2022 | CN¥813.4b | CN¥232.0b | CN¥110.4b | 7x | 7.4x | 3.5x |
| Tue, 24 May 2022 | CN¥815.6b | CN¥232.0b | CN¥110.4b | 6.8x | 7.4x | 3.5x |
| Thu, 21 Apr 2022 | CN¥878.2b | CN¥238.0b | CN¥105.5b | 7.8x | 8.3x | 3.7x |
| Sat, 19 Mar 2022 | CN¥814.4b | CN¥257.7b | CN¥105.2b | 7.6x | 7.7x | 3.2x |
| Mon, 14 Feb 2022 | CN¥906.0b | CN¥257.7b | CN¥105.2b | 8.1x | 8.6x | 3.5x |
| Wed, 12 Jan 2022 | CN¥816.2b | CN¥206.3b | CN¥99.1b | 7.7x | 8.2x | 4x |
| Fri, 10 Dec 2021 | CN¥807.0b | CN¥206.3b | CN¥99.1b | 7.4x | 8.1x | 3.9x |
| Sun, 07 Nov 2021 | CN¥769.1b | CN¥206.2b | CN¥99.0b | 7.4x | 7.8x | 3.7x |
| Tue, 05 Oct 2021 | CN¥756.4b | CN¥195.9b | CN¥92.2b | 7.9x | 8.2x | 3.9x |
| Thu, 02 Sep 2021 | CN¥774.3b | CN¥195.9b | CN¥92.5b | 8x | 8.4x | 4x |
| Sat, 31 Jul 2021 | CN¥721.8b | CN¥195.9b | CN¥92.5b | 7.7x | 7.8x | 3.7x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are pessimistic on the Chinese Regional Banks 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 5.8x which is lower than its 3-year average PE of 6.6x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- The earnings for companies in the Regional Banks industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Regional Banks compare with similar industries?
| CN Market | 0.029% | |
| Financials | 2.19% | |
| Banks | 3.63% | |
| Regional Banks | 4.86% | |
| Diversified Banks | 3.25% | |
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 | |
|---|---|---|---|---|---|
| 2142 Bank of Ningbo | CN¥25.86 | 6.0% +CN¥9.6b | -2.5% | PB0.9x | |
| 600919 Bank of Jiangsu | CN¥8.38 | 3.8% +CN¥5.7b | 10.0% | PB0.6x | |
| 601009 Bank of Nanjing | CN¥9.80 | 4.8% +CN¥4.7b | 8.4% | PB0.6x | |
| 600926 Bank of Hangzhou | CN¥13.94 | 4.2% +CN¥3.3b | 10.4% | PB0.8x | |
| 601838 Bank of Chengdu | CN¥16.03 | 4.4% +CN¥2.6b | 19.9% | PB0.8x |