Aerosun (SHSE:600501) Shareholders Will Want The ROCE Trajectory To Continue
May 29
Chinese (SSE) Construction Machinery and Vehicles Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies87
- 7D-2.1%
- 3M6.2%
- 1Y7.5%
- YTDn/a
Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 1.2%, driven by Sany Heavy IndustryLtd declining 2.7%. In contrast, Aerosun has gained 5.1%. Over the past 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 26% per annum.
Industry Valuation and Performance
Has the Chinese Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥1.4t | CN¥1.1t | CN¥47.6b | 29.1x | 28.4x | 1.2x |
| Sat, 27 Apr 2024 | CN¥1.4t | CN¥1.1t | CN¥41.5b | 29.1x | 33.4x | 1.3x |
| Mon, 25 Mar 2024 | CN¥1.3t | CN¥1.1t | CN¥40.1b | 26.7x | 31.7x | 1.2x |
| Wed, 21 Feb 2024 | CN¥1.2t | CN¥1.1t | CN¥40.8b | 22.5x | 29.4x | 1.1x |
| Fri, 19 Jan 2024 | CN¥1.2t | CN¥1.1t | CN¥41.1b | 25.3x | 28.1x | 1.1x |
| Sun, 17 Dec 2023 | CN¥1.1t | CN¥1.0t | CN¥42.3b | 27.4x | 26.8x | 1.1x |
| Tue, 14 Nov 2023 | CN¥1.1t | CN¥1.0t | CN¥42.3b | 27.7x | 26.8x | 1.1x |
| Thu, 12 Oct 2023 | CN¥1.2t | CN¥989.7b | CN¥38.5b | 27.1x | 30.8x | 1.2x |
| Sat, 09 Sep 2023 | CN¥1.2t | CN¥991.2b | CN¥38.5b | 27.8x | 31.6x | 1.2x |
| Mon, 07 Aug 2023 | CN¥1.4t | CN¥976.8b | CN¥38.3b | 35.4x | 36.5x | 1.4x |
| Wed, 05 Jul 2023 | CN¥1.4t | CN¥973.3b | CN¥37.7b | 33.8x | 37.1x | 1.4x |
| Fri, 02 Jun 2023 | CN¥1.3t | CN¥972.0b | CN¥37.4b | 30.6x | 35.3x | 1.4x |
| Sun, 30 Apr 2023 | CN¥1.3t | CN¥971.5b | CN¥41.0b | 30.3x | 32.4x | 1.4x |
| Tue, 28 Mar 2023 | CN¥1.2t | CN¥887.5b | CN¥34.2b | 30.3x | 35.7x | 1.4x |
| Thu, 23 Feb 2023 | CN¥1.2t | CN¥888.6b | CN¥34.5b | 29.4x | 36.2x | 1.4x |
| Sat, 21 Jan 2023 | CN¥1.1t | CN¥888.1b | CN¥34.4b | 27.1x | 33.3x | 1.3x |
| Mon, 19 Dec 2022 | CN¥1.1t | CN¥888.0b | CN¥34.4b | 26.8x | 32.4x | 1.3x |
| Wed, 16 Nov 2022 | CN¥1.1t | CN¥883.3b | CN¥33.9b | 27.9x | 32.7x | 1.3x |
| Fri, 14 Oct 2022 | CN¥1.0t | CN¥880.5b | CN¥36.5b | 26.6x | 27.7x | 1.2x |
| Sun, 11 Sep 2022 | CN¥1.1t | CN¥884.1b | CN¥36.8b | 27.5x | 30.6x | 1.3x |
| Tue, 09 Aug 2022 | CN¥1.1t | CN¥951.6b | CN¥45.4b | 23.5x | 24.2x | 1.2x |
| Thu, 07 Jul 2022 | CN¥1.1t | CN¥923.7b | CN¥44.8b | 23.1x | 23.5x | 1.1x |
| Sat, 04 Jun 2022 | CN¥1.0t | CN¥923.8b | CN¥44.8b | 23.8x | 23.1x | 1.1x |
| Mon, 02 May 2022 | CN¥913.8b | CN¥912.5b | CN¥45.3b | 20.2x | 20.2x | 1x |
| Wed, 30 Mar 2022 | CN¥1.0t | CN¥971.6b | CN¥62.0b | 22.2x | 16.2x | 1x |
| Fri, 25 Feb 2022 | CN¥1.1t | CN¥970.7b | CN¥63.0b | 24.8x | 18x | 1.2x |
| Sun, 23 Jan 2022 | CN¥1.2t | CN¥970.6b | CN¥63.0b | 25.8x | 19.1x | 1.2x |
| Tue, 21 Dec 2021 | CN¥1.2t | CN¥967.4b | CN¥62.7b | 25.8x | 19.6x | 1.3x |
| Thu, 18 Nov 2021 | CN¥1.2t | CN¥964.4b | CN¥62.5b | 25.6x | 19.1x | 1.2x |
| Sat, 16 Oct 2021 | CN¥1.2t | CN¥979.8b | CN¥64.6b | 29.2x | 18.1x | 1.2x |
| Mon, 13 Sep 2021 | CN¥1.3t | CN¥979.7b | CN¥64.6b | 31.1x | 20.1x | 1.3x |
| Wed, 11 Aug 2021 | CN¥1.2t | CN¥979.7b | CN¥64.6b | 29.5x | 19.1x | 1.3x |
| Sun, 06 Jun 2021 | CN¥1.2t | CN¥950.4b | CN¥66.1b | 24x | 18x | 1.3x |
Price to Earnings Ratio
18x
Current Industry PE
- Investors are relatively neutral on the Chinese Construction Machinery and Heavy Trucks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 26.8x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have declined 10% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.8% 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 Construction Machinery and Vehicles compare with similar industries?
| CN Market | -2.62% | |
| Industrials | -2.23% | |
| Machinery | -2.56% | |
| Construction Machinery and Vehicles | -2.12% | |
| Industrial Machinery | -2.79% | |
| Agricultural Machinery | -5.32% | |
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 | |
|---|---|---|---|---|---|
| 600150 China CSSC Holdings | CN¥37.49 | 5.8% +CN¥9.2b | 29.6% | PE50.6x | |
| 601766 CRRC | CN¥6.97 | 1.8% +CN¥3.4b | 1.3% | PE16.5x | |
| 601989 China Shipbuilding Industry | CN¥5.10 | 2.0% +CN¥2.3b | 7.6% | PS2.3x | |
| 600501 Aerosun | CN¥15.57 | 31.3% +CN¥1.6b | 6.1% | PE923.2x | |
| 600482 China Shipbuilding Industry Group Power | CN¥20.24 | 2.1% +CN¥919.5m | 7.5% | PE53.1x |
