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May 24
Chinese (SSE) Commercial Services Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies110
- 7D-2.7%
- 3M1.9%
- 1Y-16.6%
- YTD-11.6%
Over the last 7 days, the Commercial Services industry has dropped 2.7%, driven by Shanghai M&G Stationery declining 4.8%. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Chinese Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥493.1b | CN¥349.0b | CN¥12.2b | 27x | 40.3x | 1.4x |
| Sat, 27 Apr 2024 | CN¥487.3b | CN¥347.6b | CN¥9.2b | 32x | 53.1x | 1.4x |
| Mon, 25 Mar 2024 | CN¥510.6b | CN¥348.4b | CN¥10.2b | 31.3x | 50x | 1.5x |
| Wed, 21 Feb 2024 | CN¥457.8b | CN¥351.2b | CN¥2.8b | 27.1x | 161.3x | 1.3x |
| Fri, 19 Jan 2024 | CN¥525.4b | CN¥351.1b | CN¥2.8b | 29.8x | 185.4x | 1.5x |
| Sun, 17 Dec 2023 | CN¥559.6b | CN¥348.8b | CN¥2.7b | 32.6x | 205.7x | 1.6x |
| Tue, 14 Nov 2023 | CN¥550.6b | CN¥329.5b | CN¥1.3b | 33.4x | 417.4x | 1.7x |
| Thu, 12 Oct 2023 | CN¥553.5b | CN¥322.1b | CN¥8.7b | 33.7x | 63.8x | 1.7x |
| Sat, 09 Sep 2023 | CN¥552.7b | CN¥314.3b | CN¥8.7b | 29.1x | 63.2x | 1.8x |
| Mon, 07 Aug 2023 | CN¥575.9b | CN¥308.4b | CN¥9.4b | 31.6x | 61.5x | 1.9x |
| Wed, 05 Jul 2023 | CN¥567.5b | CN¥308.3b | CN¥9.3b | 30.6x | 60.8x | 1.8x |
| Fri, 02 Jun 2023 | CN¥563.4b | CN¥309.2b | CN¥9.9b | 30.7x | 56.9x | 1.8x |
| Sun, 30 Apr 2023 | CN¥548.3b | CN¥305.5b | CN¥9.9b | 31.7x | 55.5x | 1.8x |
| Tue, 28 Mar 2023 | CN¥571.4b | CN¥290.5b | CN¥6.6b | 31.8x | 86.8x | 2x |
| Thu, 23 Feb 2023 | CN¥588.0b | CN¥289.5b | CN¥8.2b | 30x | 71.4x | 2x |
| Sat, 21 Jan 2023 | CN¥554.3b | CN¥289.5b | CN¥8.2b | 27.3x | 67.3x | 1.9x |
| Mon, 19 Dec 2022 | CN¥542.9b | CN¥289.0b | CN¥8.2b | 27.5x | 66.6x | 1.9x |
| Wed, 16 Nov 2022 | CN¥547.8b | CN¥292.1b | CN¥8.8b | 28.2x | 61.9x | 1.9x |
| Fri, 14 Oct 2022 | CN¥519.7b | CN¥290.0b | CN¥9.1b | 26.5x | 56.8x | 1.8x |
| Sun, 11 Sep 2022 | CN¥564.1b | CN¥290.0b | CN¥9.0b | 29.3x | 62.7x | 1.9x |
| Tue, 09 Aug 2022 | CN¥554.2b | CN¥300.1b | CN¥8.3b | 29.3x | 67.1x | 1.8x |
| Thu, 07 Jul 2022 | CN¥557.1b | CN¥297.9b | CN¥8.0b | 30.2x | 69.7x | 1.9x |
| Sat, 04 Jun 2022 | CN¥529.6b | CN¥297.8b | CN¥6.0b | 29x | 88.6x | 1.8x |
| Mon, 02 May 2022 | CN¥467.0b | CN¥302.6b | CN¥7.3b | 27.1x | 64x | 1.5x |
| Wed, 30 Mar 2022 | CN¥529.1b | CN¥311.2b | CN¥10.1b | 28.3x | 52.5x | 1.7x |
| Fri, 25 Feb 2022 | CN¥587.0b | CN¥314.2b | CN¥10.2b | 29x | 57.8x | 1.9x |
| Sun, 23 Jan 2022 | CN¥596.0b | CN¥313.7b | CN¥10.1b | 27.5x | 59x | 1.9x |
| Tue, 21 Dec 2021 | CN¥624.1b | CN¥312.1b | CN¥9.9b | 31.2x | 63.1x | 2x |
| Thu, 18 Nov 2021 | CN¥573.3b | CN¥311.4b | CN¥9.8b | 29.6x | 58.5x | 1.8x |
| Sat, 16 Oct 2021 | CN¥559.5b | CN¥304.5b | CN¥11.2b | 22.9x | 50x | 1.8x |
| Mon, 13 Sep 2021 | CN¥591.8b | CN¥303.4b | CN¥11.0b | 24.6x | 53.6x | 2x |
| Wed, 11 Aug 2021 | CN¥547.2b | CN¥301.2b | CN¥10.6b | 23.3x | 51.5x | 1.8x |
| Sun, 06 Jun 2021 | CN¥566.4b | CN¥291.0b | CN¥14.4b | 25.3x | 39.4x | 1.9x |
Price to Earnings Ratio
39.4x
Current Industry PE
- Investors are pessimistic on the Chinese Commercial Services 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 40.3x which is lower than its 3-year average PE of 79.9x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have declined 5.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.2% 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 Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -2.62% | |
| Industrials | -2.23% | |
| Commercial Services | -2.73% | |
| Environmental and Facilities Services | -1.94% | |
| Office Services and Supplies | -4.41% | |
| Diversified Support Services | -4.51% | |
| Commercial Printing | -5.18% | |
| Security and Alarm Services | -11.75% | |
Industry PE
- Investors are most optimistic about the Commercial Printing industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 26.3%, which is higher than its past year's earnings decline of 8.7% per year.
- Investors are most pessimistic about the Office Services and Supplies industry, which is trading below its 3-year average of 91.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 43% per year.
- In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 603568 Zhejiang Weiming Environment Protection | CN¥21.60 | 3.0% +CN¥1.1b | 23.8% | PE16.2x | |
| 301297 Ferrotec (An Hui) Technology DevelopmentLTD | CN¥22.91 | 12.0% +CN¥832.4m | -7.2% | PE80.8x | |
| 711 Kingland TechnologyLtd | CN¥2.08 | 10.1% +CN¥542.8m | 47.5% | PE5.2x | |
| 603588 Beijing GeoEnviron Engineering & Technology | CN¥6.80 | 4.8% +CN¥476.5m | -26.2% | PE21.2x | |
| 300779 Qingdao Huicheng Environmental Technology Group | CN¥53.80 | 4.6% +CN¥440.0m | 42.2% | PE84.7x |
