Be Wary Of Tianshan Aluminum GroupLtd (SZSE:002532) And Its Returns On Capital
May 29
Chinese (SSE) Aluminum Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies35
- 7D0.2%
- 3M19.6%
- 1Y9.4%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 3.5%, driven by Guangdong HEC Technology Holding declining 6.6%. In contrast, Jilin Liyuan Precision Manufacturing has gained 12%. This takes the industry's 12 month performance to a gain of 5.3%. Earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Chinese Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥352.9b | CN¥306.4b | CN¥18.3b | 28x | 19.3x | 1.2x |
| Sat, 27 Apr 2024 | CN¥342.8b | CN¥294.2b | CN¥18.2b | 25.4x | 18.8x | 1.2x |
| Mon, 25 Mar 2024 | CN¥326.2b | CN¥294.9b | CN¥16.7b | 25.5x | 19.5x | 1.1x |
| Wed, 21 Feb 2024 | CN¥282.6b | CN¥297.2b | CN¥16.0b | 20.4x | 17.7x | 1x |
| Fri, 19 Jan 2024 | CN¥299.2b | CN¥294.6b | CN¥15.7b | 25x | 19.1x | 1x |
| Sun, 17 Dec 2023 | CN¥314.6b | CN¥294.6b | CN¥15.7b | 27.9x | 20.1x | 1.1x |
| Tue, 14 Nov 2023 | CN¥331.1b | CN¥294.6b | CN¥15.7b | 29.3x | 21.1x | 1.1x |
| Thu, 12 Oct 2023 | CN¥334.5b | CN¥294.4b | CN¥15.7b | 29.2x | 21.3x | 1.1x |
| Sat, 09 Sep 2023 | CN¥339.4b | CN¥294.4b | CN¥15.7b | 29.1x | 21.7x | 1.2x |
| Mon, 07 Aug 2023 | CN¥351.8b | CN¥303.7b | CN¥18.7b | 26.1x | 18.8x | 1.2x |
| Wed, 05 Jul 2023 | CN¥336.4b | CN¥303.7b | CN¥18.7b | 26.6x | 18x | 1.1x |
| Fri, 02 Jun 2023 | CN¥319.6b | CN¥303.7b | CN¥18.7b | 24.6x | 17.1x | 1.1x |
| Sun, 30 Apr 2023 | CN¥344.9b | CN¥305.7b | CN¥19.4b | 25.9x | 17.8x | 1.1x |
| Tue, 28 Mar 2023 | CN¥362.5b | CN¥316.6b | CN¥21.1b | 24.6x | 17.2x | 1.1x |
| Thu, 23 Feb 2023 | CN¥394.8b | CN¥313.9b | CN¥20.3b | 26.2x | 19.4x | 1.3x |
| Sat, 21 Jan 2023 | CN¥378.6b | CN¥314.0b | CN¥20.4b | 25x | 18.6x | 1.2x |
| Mon, 19 Dec 2022 | CN¥357.9b | CN¥314.0b | CN¥20.4b | 24x | 17.6x | 1.1x |
| Wed, 16 Nov 2022 | CN¥367.7b | CN¥313.7b | CN¥20.4b | 26.3x | 18.1x | 1.2x |
| Fri, 14 Oct 2022 | CN¥360.7b | CN¥305.1b | CN¥21.6b | 27.3x | 16.7x | 1.2x |
| Sun, 11 Sep 2022 | CN¥411.0b | CN¥304.5b | CN¥21.5b | 30.7x | 19.1x | 1.3x |
| Tue, 09 Aug 2022 | CN¥435.7b | CN¥292.9b | CN¥20.7b | 30.7x | 21x | 1.5x |
| Thu, 07 Jul 2022 | CN¥375.4b | CN¥293.0b | CN¥20.5b | 26.1x | 18.3x | 1.3x |
| Sat, 04 Jun 2022 | CN¥349.3b | CN¥292.8b | CN¥20.5b | 23.2x | 17x | 1.2x |
| Mon, 02 May 2022 | CN¥304.3b | CN¥280.7b | CN¥18.1b | 18.5x | 16.8x | 1.1x |
| Wed, 30 Mar 2022 | CN¥366.4b | CN¥265.7b | CN¥23.1b | 21.5x | 15.9x | 1.4x |
| Fri, 25 Feb 2022 | CN¥407.1b | CN¥258.9b | CN¥22.6b | 24.4x | 18x | 1.6x |
| Sun, 23 Jan 2022 | CN¥395.2b | CN¥258.9b | CN¥22.6b | 26.6x | 17.5x | 1.5x |
| Tue, 21 Dec 2021 | CN¥395.3b | CN¥258.9b | CN¥22.6b | 26.5x | 17.5x | 1.5x |
| Thu, 18 Nov 2021 | CN¥334.5b | CN¥229.4b | CN¥18.7b | 28.3x | 17.9x | 1.5x |
| Sat, 16 Oct 2021 | CN¥318.5b | CN¥206.7b | CN¥17.3b | 25.8x | 18.4x | 1.5x |
| Mon, 13 Sep 2021 | CN¥407.4b | CN¥206.7b | CN¥17.3b | 33.1x | 23.5x | 2x |
| Wed, 11 Aug 2021 | CN¥325.7b | CN¥203.7b | CN¥17.3b | 28.8x | 18.9x | 1.6x |
| Sun, 06 Jun 2021 | CN¥264.0b | CN¥189.7b | CN¥14.0b | 25.5x | 18.9x | 1.4x |
Price to Earnings Ratio
18.9x
Current Industry PE
- Investors are relatively neutral on the Chinese Aluminum 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 18.3x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 9.4% per year over the last three years.
- Revenues for these companies have grown 17% 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 Aluminum compare with similar industries?
| CN Market | -2.62% | |
| Materials | -2.04% | |
| Metals and Mining | -0.26% | |
| Aluminum | 0.23% | |
| Diversified Metals and Mining | 1.59% | |
| Precious Metals and Minerals | 1.15% | |
| Silver | 0% | |
| Copper | -0.68% | |
| Gold | -1.04% | |
| Steel | -1.95% | |
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 | |
|---|---|---|---|---|---|
| 2532 Tianshan Aluminum GroupLtd | CN¥8.58 | 7.9% +CN¥2.9b | 35.1% | PE16.4x | |
| 600219 Shandong Nanshan AluminiumLtd | CN¥3.90 | 6.0% +CN¥2.6b | 28.7% | PE12x | |
| 807 Yunnan Aluminium | CN¥14.57 | 3.2% +CN¥1.6b | 17.5% | PE11.9x | |
| 2501 Jilin Liyuan Precision Manufacturing | CN¥1.36 | 32.0% +CN¥1.2b | -14.5% | PS10.9x | |
| 601388 Yechiu Metal Recycling (China) | CN¥2.93 | 10.2% +CN¥594.3m | 6.2% | PE73.6x |
