Ningbo Marine's (SHSE:600798) Problems Go Beyond Weak Profit
May 08
Chinese (SSE) Marine Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M14.6%
- 1Y-7.9%
- YTDn/a
In the last week, the Marine industry is up 6.2%, with all of the companies up. In the past year, the industry is down 6.6%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Chinese Marine Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥112.5b | CN¥55.6b | CN¥5.6b | 17.4x | 20x | 2x |
| Sun, 14 Apr 2024 | CN¥108.5b | CN¥54.6b | CN¥6.0b | 19.1x | 18.1x | 2x |
| Tue, 12 Mar 2024 | CN¥102.4b | CN¥49.7b | CN¥5.8b | 16.2x | 17.7x | 2.1x |
| Thu, 08 Feb 2024 | CN¥95.4b | CN¥49.7b | CN¥5.8b | 13.7x | 16.5x | 1.9x |
| Sat, 06 Jan 2024 | CN¥113.5b | CN¥49.6b | CN¥5.8b | 19.7x | 19.7x | 2.3x |
| Mon, 04 Dec 2023 | CN¥99.1b | CN¥49.6b | CN¥5.8b | 21x | 17.2x | 2x |
| Wed, 01 Nov 2023 | CN¥94.0b | CN¥49.7b | CN¥6.0b | 18.5x | 15.6x | 1.9x |
| Fri, 29 Sep 2023 | CN¥99.0b | CN¥50.6b | CN¥6.7b | 22.1x | 14.7x | 2x |
| Sun, 27 Aug 2023 | CN¥100.5b | CN¥51.5b | CN¥7.5b | 20.4x | 13.5x | 2x |
| Tue, 25 Jul 2023 | CN¥105.9b | CN¥51.7b | CN¥7.9b | 20.6x | 13.3x | 2.1x |
| Thu, 22 Jun 2023 | CN¥103.6b | CN¥51.8b | CN¥7.7b | 19.3x | 13.4x | 2x |
| Sat, 20 May 2023 | CN¥107.4b | CN¥51.8b | CN¥7.7b | 20.2x | 13.9x | 2.1x |
| Mon, 17 Apr 2023 | CN¥115.9b | CN¥51.8b | CN¥8.6b | 20.8x | 13.5x | 2.2x |
| Wed, 15 Mar 2023 | CN¥104.8b | CN¥49.7b | CN¥8.1b | 23.5x | 13x | 2.1x |
| Fri, 10 Feb 2023 | CN¥106.6b | CN¥49.6b | CN¥8.1b | 23.5x | 13.2x | 2.1x |
| Sun, 08 Jan 2023 | CN¥99.9b | CN¥49.2b | CN¥8.0b | 23x | 12.4x | 2x |
| Tue, 06 Dec 2022 | CN¥88.2b | CN¥44.6b | CN¥7.3b | 24.7x | 12x | 2x |
| Thu, 03 Nov 2022 | CN¥89.6b | CN¥44.6b | CN¥7.3b | 23.1x | 12.2x | 2x |
| Sat, 01 Oct 2022 | CN¥91.0b | CN¥42.2b | CN¥7.0b | 27.3x | 13.1x | 2.2x |
| Mon, 29 Aug 2022 | CN¥109.4b | CN¥42.2b | CN¥7.0b | 30.1x | 15.6x | 2.6x |
| Wed, 27 Jul 2022 | CN¥95.5b | CN¥39.2b | CN¥6.8b | 19.4x | 14x | 2.4x |
| Fri, 24 Jun 2022 | CN¥89.0b | CN¥39.2b | CN¥6.8b | 17.4x | 13x | 2.3x |
| Sun, 22 May 2022 | CN¥89.7b | CN¥39.1b | CN¥6.8b | 17.5x | 13.1x | 2.3x |
| Tue, 19 Apr 2022 | CN¥83.7b | CN¥34.8b | CN¥6.4b | 24.8x | 13.1x | 2.4x |
| Thu, 17 Mar 2022 | CN¥73.4b | CN¥32.9b | CN¥6.2b | 22.7x | 11.7x | 2.2x |
| Sat, 12 Feb 2022 | CN¥89.3b | CN¥32.5b | CN¥6.0b | 25.2x | 15x | 2.7x |
| Mon, 10 Jan 2022 | CN¥89.3b | CN¥32.5b | CN¥6.0b | 24.8x | 15x | 2.7x |
| Wed, 08 Dec 2021 | CN¥86.7b | CN¥32.5b | CN¥6.0b | 24.6x | 14.5x | 2.7x |
| Fri, 05 Nov 2021 | CN¥84.8b | CN¥32.5b | CN¥6.0b | 21.2x | 14.2x | 2.6x |
| Sun, 03 Oct 2021 | CN¥93.7b | CN¥30.9b | CN¥5.2b | 20.4x | 18.1x | 3x |
| Tue, 31 Aug 2021 | CN¥91.5b | CN¥30.9b | CN¥5.2b | 22x | 17.7x | 3x |
| Wed, 07 Jul 2021 | CN¥88.8b | CN¥30.9b | CN¥5.2b | 28.5x | 17.1x | 2.9x |
Price to Earnings Ratio
23.6x
Current Industry PE
- Investors are optimistic on the Chinese Marine industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.4x which is higher than its 3-year average PE of 15.2x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Marine 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 Comparison
How does Chinese Marine compare with similar industries?
| CN Market | -1.53% | |
| Industrials | -1.83% | |
| Marine and Shipping | -0.89% | |
| Marine | -0.89% | |
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 | |
|---|---|---|---|---|---|
| 601022 Ningbo Ocean Shipping | CN¥10.40 | 3.1% +CN¥405.7m | -3.3% | PE26.5x | |
| 603565 Shanghai Zhonggu Logistics | CN¥9.66 | 2.0% +CN¥399.0m | -1.6% | PE13.6x | |
| 520 Phoenix Shipping (Wuhan) | CN¥2.86 | 2.5% +CN¥70.8m | -10.6% | PS2.9x | |
| 603167 Bohai Ferry Group | CN¥9.56 | 0.5% +CN¥23.5m | 29.2% | PE15.5x | |
| 600798 Ningbo Marine | CN¥3.24 | 0.3% +CN¥12.1m | -11.5% | PE29.8x |
