Investors Can Find Comfort In Chongqing road & bridgeltd's (SHSE:600106) Earnings Quality
May 07
Chinese (SSE) Highways and Railtracks Industry Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies17
- 7D0.04%
- 3M7.4%
- 1Y15.7%
- YTDn/a
In the last week, the Highways and Railtracks industry is flat overall, with Shenzhen Yan Tian Port HoldingsLtd standing out by going down 3.8%. The past year has been better, since the industry has gained 16% in that time. Earnings are forecast to grow by 3.3% annually.
Industry Valuation and Performance
Has the Chinese Highways and Railtracks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | CN¥266.1b | CN¥125.4b | CN¥20.3b | 13.3x | 13.1x | 2.1x |
| Thu, 25 Apr 2024 | CN¥265.2b | CN¥126.5b | CN¥20.5b | 13.4x | 12.9x | 2.1x |
| Sat, 23 Mar 2024 | CN¥244.3b | CN¥126.8b | CN¥17.6b | 14x | 13.9x | 1.9x |
| Mon, 19 Feb 2024 | CN¥231.4b | CN¥126.8b | CN¥17.6b | 13.8x | 13.2x | 1.8x |
| Wed, 17 Jan 2024 | CN¥236.6b | CN¥126.5b | CN¥17.2b | 14.8x | 13.7x | 1.9x |
| Fri, 15 Dec 2023 | CN¥228.7b | CN¥126.9b | CN¥17.4b | 15.2x | 13.2x | 1.8x |
| Sun, 12 Nov 2023 | CN¥218.2b | CN¥126.8b | CN¥17.3b | 14.7x | 12.6x | 1.7x |
| Tue, 10 Oct 2023 | CN¥219.9b | CN¥128.5b | CN¥16.4b | 13.3x | 13.4x | 1.7x |
| Thu, 07 Sep 2023 | CN¥214.0b | CN¥128.5b | CN¥16.4b | 13.3x | 13.1x | 1.7x |
| Sat, 05 Aug 2023 | CN¥213.0b | CN¥132.3b | CN¥15.7b | 14.5x | 13.5x | 1.6x |
| Mon, 03 Jul 2023 | CN¥211.4b | CN¥131.8b | CN¥15.2b | 13.4x | 13.9x | 1.6x |
| Wed, 31 May 2023 | CN¥216.2b | CN¥131.9b | CN¥15.2b | 13.9x | 14.2x | 1.6x |
| Fri, 28 Apr 2023 | CN¥194.8b | CN¥78.4b | CN¥14.9b | 12x | 13.1x | 2.5x |
| Sun, 26 Mar 2023 | CN¥188.5b | CN¥73.8b | CN¥15.2b | 11.9x | 12.4x | 2.6x |
| Tue, 21 Feb 2023 | CN¥183.9b | CN¥73.8b | CN¥15.2b | 11.6x | 12.1x | 2.5x |
| Thu, 19 Jan 2023 | CN¥179.6b | CN¥74.3b | CN¥15.7b | 10.9x | 11.4x | 2.4x |
| Sat, 17 Dec 2022 | CN¥181.6b | CN¥74.1b | CN¥15.7b | 11.1x | 11.6x | 2.5x |
| Mon, 14 Nov 2022 | CN¥173.4b | CN¥74.0b | CN¥15.7b | 10.8x | 11.1x | 2.3x |
| Wed, 12 Oct 2022 | CN¥168.1b | CN¥75.0b | CN¥15.9b | 10.7x | 10.6x | 2.2x |
| Fri, 09 Sep 2022 | CN¥182.8b | CN¥76.4b | CN¥16.0b | 12.3x | 11.5x | 2.4x |
| Sun, 07 Aug 2022 | CN¥171.6b | CN¥75.2b | CN¥16.6b | 11.4x | 10.3x | 2.3x |
| Tue, 05 Jul 2022 | CN¥175.6b | CN¥75.2b | CN¥16.6b | 11.5x | 10.5x | 2.3x |
| Thu, 02 Jun 2022 | CN¥182.2b | CN¥75.3b | CN¥16.7b | 11.7x | 10.9x | 2.4x |
| Sat, 30 Apr 2022 | CN¥170.9b | CN¥77.2b | CN¥17.0b | 10.3x | 10x | 2.2x |
| Mon, 28 Mar 2022 | CN¥173.0b | CN¥71.2b | CN¥17.5b | 9.2x | 9.9x | 2.4x |
| Wed, 23 Feb 2022 | CN¥187.2b | CN¥71.2b | CN¥17.5b | 10.2x | 10.7x | 2.6x |
| Fri, 21 Jan 2022 | CN¥179.7b | CN¥71.1b | CN¥17.6b | 9.8x | 10.2x | 2.5x |
| Sun, 19 Dec 2021 | CN¥172.2b | CN¥71.1b | CN¥17.6b | 9.3x | 9.8x | 2.4x |
| Tue, 16 Nov 2021 | CN¥159.0b | CN¥69.9b | CN¥17.1b | 9x | 9.3x | 2.3x |
| Thu, 14 Oct 2021 | CN¥165.8b | CN¥70.9b | CN¥18.5b | 8.6x | 8.9x | 2.3x |
| Sat, 11 Sep 2021 | CN¥173.2b | CN¥70.9b | CN¥18.5b | 9.1x | 9.4x | 2.4x |
| Mon, 09 Aug 2021 | CN¥160.2b | CN¥70.9b | CN¥18.5b | 8.1x | 8.7x | 2.3x |
Price to Earnings Ratio
10.6x
Current Industry PE
- Investors are optimistic on the Chinese Highways and Railtracks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.9x which is higher than its 3-year average PE of 11.5x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Highways and Railtracks industry have grown 8.4% per year over the last three years.
- Revenues for these companies have grown 24% 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 Highways and Railtracks compare with similar industries?
| CN Market | -2.34% | |
| Industrials | -1.80% | |
| Infrastructure | -0.64% | |
| Highways and Railtracks | 0.042% | |
| Marine Ports and Services | -0.17% | |
| Airport Services | -3.10% | |
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 | |
|---|---|---|---|---|---|
| 1965 China Merchants Expressway Network & Technology HoldingsLtd | CN¥11.60 | 1.5% +CN¥1.2b | 25.4% | PE11.8x | |
| 600350 Shandong Hi-speed | CN¥8.91 | 2.1% +CN¥871.3m | 21.1% | PE13.3x | |
| 429 Guangdong Provincial Expressway Development | CN¥10.41 | 1.3% +CN¥271.8m | 30.3% | PE13.2x | |
| 600020 Henan Zhongyuan Expressway | CN¥3.93 | 1.6% +CN¥134.8m | 12.6% | PE14.4x | |
| 600269 Jiangxi Ganyue ExpresswayLTD | CN¥5.05 | 1.0% +CN¥116.8m | 37.2% | PE10.3x |
