China Tianying's (SZSE:000035) Solid Earnings May Rest On Weak Foundations
May 06
Chinese (SSE) Environmental and Facilities Services Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies86
- 7D-1.0%
- 3M14.4%
- 1Y-15.3%
- YTDn/a
Last week, the Environmental and Facilities Services industry hasn't moved much but Qingdao Huicheng Environmental Technology Group is up 31% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Chinese Environmental and Facilities Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥370.3b | CN¥170.6b | CN¥8.5b | 25.3x | 43.7x | 2.2x |
| Sun, 14 Apr 2024 | CN¥362.4b | CN¥170.6b | CN¥7.4b | 26x | 49.1x | 2.1x |
| Tue, 12 Mar 2024 | CN¥354.6b | CN¥168.8b | CN¥7.4b | 27.4x | 47.8x | 2.1x |
| Thu, 08 Feb 2024 | CN¥305.4b | CN¥171.7b | CN¥238.4m | 19.1x | 1281x | 1.8x |
| Sat, 06 Jan 2024 | CN¥399.7b | CN¥171.8b | CN¥242.6m | 30.2x | 1647.5x | 2.3x |
| Mon, 04 Dec 2023 | CN¥421.4b | CN¥171.8b | CN¥242.6m | 31.9x | 1736.6x | 2.5x |
| Wed, 01 Nov 2023 | CN¥393.8b | CN¥152.9b | -CN¥1,082,388,642.00 | 30.4x | -363.8x | 2.6x |
| Fri, 29 Sep 2023 | CN¥391.8b | CN¥140.5b | CN¥6.0b | 29.8x | 65x | 2.8x |
| Sun, 27 Aug 2023 | CN¥412.6b | CN¥141.3b | CN¥7.3b | 30.3x | 56.8x | 2.9x |
| Tue, 25 Jul 2023 | CN¥394.3b | CN¥140.0b | CN¥6.4b | 29x | 61.8x | 2.8x |
| Thu, 22 Jun 2023 | CN¥376.0b | CN¥140.0b | CN¥6.4b | 27.7x | 58.8x | 2.7x |
| Sat, 20 May 2023 | CN¥392.5b | CN¥138.8b | CN¥6.6b | 31.3x | 59.1x | 2.8x |
| Mon, 17 Apr 2023 | CN¥403.7b | CN¥141.7b | CN¥7.7b | 29.7x | 52.5x | 2.8x |
| Wed, 15 Mar 2023 | CN¥401.5b | CN¥139.6b | CN¥4.3b | 28.6x | 93.8x | 2.9x |
| Fri, 10 Feb 2023 | CN¥405.8b | CN¥139.6b | CN¥5.9b | 27.8x | 68.7x | 2.9x |
| Sun, 08 Jan 2023 | CN¥382.1b | CN¥139.6b | CN¥5.9b | 26.1x | 64.7x | 2.7x |
| Tue, 06 Dec 2022 | CN¥393.0b | CN¥138.3b | CN¥5.7b | 28.4x | 69x | 2.8x |
| Thu, 03 Nov 2022 | CN¥372.3b | CN¥142.1b | CN¥6.5b | 27.2x | 57.1x | 2.6x |
| Sat, 01 Oct 2022 | CN¥366.7b | CN¥147.7b | CN¥7.0b | 25.7x | 52.3x | 2.5x |
| Mon, 29 Aug 2022 | CN¥411.4b | CN¥153.8b | CN¥9.6b | 29.4x | 43.1x | 2.7x |
| Wed, 27 Jul 2022 | CN¥422.6b | CN¥155.7b | CN¥6.1b | 30.7x | 69.5x | 2.7x |
| Fri, 24 Jun 2022 | CN¥367.9b | CN¥153.9b | CN¥5.9b | 29.2x | 62.4x | 2.4x |
| Sun, 22 May 2022 | CN¥365.6b | CN¥153.3b | CN¥3.8b | 28.3x | 95.8x | 2.4x |
| Tue, 19 Apr 2022 | CN¥366.2b | CN¥161.0b | CN¥8.2b | 23.1x | 44.8x | 2.3x |
| Thu, 17 Mar 2022 | CN¥379.5b | CN¥160.6b | CN¥8.5b | 26.4x | 44.9x | 2.4x |
| Sat, 12 Feb 2022 | CN¥421.7b | CN¥160.0b | CN¥8.6b | 26.3x | 49.1x | 2.6x |
| Mon, 10 Jan 2022 | CN¥450.7b | CN¥159.7b | CN¥8.6b | 27.9x | 52.6x | 2.8x |
| Wed, 08 Dec 2021 | CN¥415.3b | CN¥158.1b | CN¥8.4b | 25.4x | 49.7x | 2.6x |
| Fri, 05 Nov 2021 | CN¥377.7b | CN¥153.4b | CN¥7.6b | 22.9x | 50x | 2.5x |
| Sun, 03 Oct 2021 | CN¥413.9b | CN¥153.7b | CN¥9.3b | 22x | 44.3x | 2.7x |
| Tue, 31 Aug 2021 | CN¥390.7b | CN¥152.5b | CN¥9.2b | 22.2x | 42.6x | 2.6x |
| Wed, 07 Jul 2021 | CN¥361.7b | CN¥150.4b | CN¥8.8b | 19.9x | 41.2x | 2.4x |
Price to Earnings Ratio
29.9x
Current Industry PE
- Investors are pessimistic on the Chinese Environmental and Facilities 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 43.2x which is lower than its 3-year average PE of 181x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Environmental and Facilities Services industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.7% 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 Environmental and Facilities Services compare with similar industries?
| CN Market | -1.53% | |
| Industrials | -1.83% | |
| Commercial Services | -0.60% | |
| Environmental and Facilities Services | -0.95% | |
| Office Services and Supplies | 2.38% | |
| Commercial Printing | -1.28% | |
| Diversified Support Services | -1.68% | |
| Security and Alarm Services | -1.80% | |
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 | |
|---|---|---|---|---|---|
| 300779 Qingdao Huicheng Environmental Technology Group | CN¥76.33 | 31.4% +CN¥2.5b | 56.7% | PE76.3x | |
| 1267 Hui Lyu Ecological Technology GroupsLtd | CN¥4.40 | 11.1% +CN¥343.0m | -26.8% | n/a | |
| 300844 Guangzhou S.P.I Design | CN¥29.89 | 18.1% +CN¥296.7m | -5.4% | PS5.8x | |
| 301038 Shenzhen Water Planning & Design Institute | CN¥16.26 | 7.3% +CN¥190.5m | 0.6% | PS3.6x | |
| 300864 Academy of Environmental Planning and DesignLtd. Nanjing University | CN¥22.30 | 3.8% +CN¥127.1m | -8.4% | PE21.6x |
