Why Investors Shouldn't Be Surprised By Phoenix Shipping (Wuhan) Co., Ltd.'s (SZSE:000520) 25% Share Price Surge
May 27
Chinese (SSE) Marine and Shipping Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M12.8%
- 1Y-6.4%
- YTD-2.6%
Over the last 7 days, the Marine and Shipping industry has dropped 1.2%, driven by Shanghai Zhonggu Logistics declining 3.2%. In contrast, Phoenix Shipping (Wuhan) has gained 11%. However, the industry is down 6.4% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Chinese Marine and Shipping Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 May 2024 | CN¥113.3b | CN¥55.6b | CN¥5.6b | 17.9x | 20.3x | 2x |
| Fri, 26 Apr 2024 | CN¥110.5b | CN¥55.0b | CN¥6.0b | 18.5x | 18.5x | 2x |
| Sun, 24 Mar 2024 | CN¥105.4b | CN¥50.0b | CN¥5.7b | 16.8x | 18.5x | 2.1x |
| Tue, 20 Feb 2024 | CN¥100.0b | CN¥49.7b | CN¥5.8b | 15.9x | 17.3x | 2x |
| Thu, 18 Jan 2024 | CN¥107.4b | CN¥49.6b | CN¥5.8b | 18x | 18.7x | 2.2x |
| Sat, 16 Dec 2023 | CN¥111.7b | CN¥49.6b | CN¥5.8b | 19.2x | 19.4x | 2.3x |
| Mon, 13 Nov 2023 | CN¥96.1b | CN¥49.6b | CN¥5.8b | 20x | 16.7x | 1.9x |
| Wed, 11 Oct 2023 | CN¥96.7b | CN¥50.6b | CN¥6.7b | 21.1x | 14.4x | 1.9x |
| Fri, 08 Sep 2023 | CN¥98.0b | CN¥50.6b | CN¥6.7b | 21.9x | 14.6x | 1.9x |
| Sun, 06 Aug 2023 | CN¥107.8b | CN¥51.6b | CN¥7.8b | 20.6x | 13.7x | 2.1x |
| Tue, 04 Jul 2023 | CN¥106.7b | CN¥51.8b | CN¥7.7b | 21.6x | 13.8x | 2.1x |
| Thu, 01 Jun 2023 | CN¥105.6b | CN¥51.8b | CN¥7.7b | 19.7x | 13.7x | 2x |
| Sat, 29 Apr 2023 | CN¥113.5b | CN¥51.8b | CN¥8.1b | 21.8x | 14x | 2.2x |
| Mon, 27 Mar 2023 | CN¥104.2b | CN¥49.5b | CN¥8.0b | 22.5x | 13x | 2.1x |
| Wed, 22 Feb 2023 | CN¥105.4b | CN¥49.6b | CN¥8.1b | 23.6x | 13x | 2.1x |
| Fri, 20 Jan 2023 | CN¥101.2b | CN¥49.2b | CN¥8.0b | 22.2x | 12.6x | 2.1x |
| Sun, 18 Dec 2022 | CN¥108.7b | CN¥49.2b | CN¥8.0b | 23.6x | 13.5x | 2.2x |
| Tue, 15 Nov 2022 | CN¥83.7b | CN¥44.6b | CN¥7.3b | 23.9x | 11.4x | 1.9x |
| Thu, 13 Oct 2022 | CN¥92.2b | CN¥42.2b | CN¥7.0b | 28.4x | 13.2x | 2.2x |
| Sat, 10 Sep 2022 | CN¥103.1b | CN¥42.2b | CN¥7.0b | 32.2x | 14.8x | 2.4x |
| Mon, 08 Aug 2022 | CN¥95.8b | CN¥40.2b | CN¥6.9b | 16.8x | 13.9x | 2.4x |
| Wed, 06 Jul 2022 | CN¥90.0b | CN¥39.2b | CN¥6.8b | 17.3x | 13.2x | 2.3x |
| Fri, 03 Jun 2022 | CN¥95.9b | CN¥39.2b | CN¥6.8b | 18.6x | 14.1x | 2.4x |
| Sun, 01 May 2022 | CN¥79.3b | CN¥37.2b | CN¥7.2b | 15.8x | 11.1x | 2.1x |
| Tue, 29 Mar 2022 | CN¥83.4b | CN¥33.6b | CN¥6.5b | 23.1x | 12.9x | 2.5x |
| Thu, 24 Feb 2022 | CN¥87.6b | CN¥32.5b | CN¥6.0b | 24.4x | 14.7x | 2.7x |
| Sat, 22 Jan 2022 | CN¥87.9b | CN¥32.5b | CN¥6.0b | 24.4x | 14.7x | 2.7x |
| Mon, 20 Dec 2021 | CN¥87.0b | CN¥32.5b | CN¥6.0b | 23.5x | 14.6x | 2.7x |
| Wed, 17 Nov 2021 | CN¥85.5b | CN¥32.5b | CN¥6.0b | 22x | 14.3x | 2.6x |
| Fri, 15 Oct 2021 | CN¥88.1b | CN¥30.9b | CN¥5.2b | 19.9x | 17x | 2.8x |
| Sun, 12 Sep 2021 | CN¥101.1b | CN¥30.9b | CN¥5.2b | 23.7x | 19.5x | 3.3x |
| Tue, 10 Aug 2021 | CN¥91.0b | CN¥30.9b | CN¥5.2b | 21.7x | 17.6x | 2.9x |
Price to Earnings Ratio
23.6x
Current Industry PE
- Investors are optimistic on the Chinese Shipping industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.3x which is higher than its 3-year average PE of 15.3x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Shipping industry have grown 15% 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 Trends
Which industries have driven the changes within the Chinese Industrials industry?
| CN Market | -2.58% | |
| Industrials | -1.80% | |
| Marine and Shipping | -0.91% | |
| Marine | -0.91% | |
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 | |
|---|---|---|---|---|---|
| 520 Phoenix Shipping (Wuhan) | CN¥3.35 | 10.9% +CN¥334.0m | 10.6% | PS3.4x | |
| 601022 Ningbo Ocean Shipping | CN¥10.95 | 1.0% +CN¥143.9m | 4.8% | PE27.9x | |
| 601083 Shanghai Jinjiang Shipping (Group) | CN¥10.84 | 0.7% +CN¥103.5m | n/a | PE24.4x | |
| 603167 Bohai Ferry Group | CN¥9.79 | 1.3% +CN¥61.0m | 37.7% | PE15.9x | |
| 603209 Xingtong Shipping | CN¥16.35 | 0.9% +CN¥41.4m | -21.6% | PE17.9x |
