China Vanke (SZSE:000002) Has No Shortage Of Debt
May 28
Chinese (SSE) Real Estate Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies122
- 7D-6.5%
- 3M-0.1%
- 1Y-16.4%
- YTD-2.3%
Over the last 7 days, the Real Estate industry has dropped 5.8%, driven by pullbacks in Poly Developments and Holdings Group and China Vanke of 7.4% and 8.7%, respectively. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Chinese Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | CN¥1.3t | CN¥2.6t | -CN¥23,595,151,847.90 | 34.9x | -54.1x | 0.5x |
| Sat, 27 Apr 2024 | CN¥1.2t | CN¥2.6t | -CN¥10,448,838,202.86 | 21.5x | -110.3x | 0.4x |
| Mon, 25 Mar 2024 | CN¥1.3t | CN¥2.6t | -CN¥11,817,288,527.24 | 20.1x | -106.2x | 0.5x |
| Wed, 21 Feb 2024 | CN¥1.2t | CN¥2.7t | -CN¥13,678,759,175.09 | 17.7x | -89.8x | 0.5x |
| Fri, 19 Jan 2024 | CN¥1.2t | CN¥2.7t | -CN¥25,847,944,466.00 | 19.2x | -48.2x | 0.5x |
| Sun, 17 Dec 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,460,907,677.00 | 20.9x | -49.8x | 0.5x |
| Tue, 14 Nov 2023 | CN¥1.4t | CN¥2.7t | -CN¥27,418,088,863.00 | 20.2x | -51.4x | 0.5x |
| Thu, 12 Oct 2023 | CN¥1.4t | CN¥2.7t | -CN¥15,273,890,657.00 | 19.3x | -94x | 0.5x |
| Sat, 09 Sep 2023 | CN¥1.6t | CN¥2.7t | -CN¥12,850,909,881.00 | 20.9x | -123.9x | 0.6x |
| Mon, 07 Aug 2023 | CN¥1.7t | CN¥2.7t | -CN¥11,953,072,913.00 | 24.3x | -144.1x | 0.6x |
| Wed, 05 Jul 2023 | CN¥1.5t | CN¥2.6t | -CN¥1,173,304,666.00 | 22.1x | -1263.3x | 0.6x |
| Fri, 02 Jun 2023 | CN¥1.5t | CN¥2.6t | -CN¥5,747,136,109.00 | 20.7x | -255.9x | 0.6x |
| Sun, 30 Apr 2023 | CN¥1.6t | CN¥2.6t | -CN¥12,857,274,369.00 | 21.6x | -121.6x | 0.6x |
| Tue, 28 Mar 2023 | CN¥1.6t | CN¥2.6t | CN¥19.3b | 25.8x | 83.3x | 0.6x |
| Thu, 23 Feb 2023 | CN¥1.7t | CN¥2.6t | CN¥23.7b | 23.8x | 70.8x | 0.6x |
| Sat, 21 Jan 2023 | CN¥1.7t | CN¥2.6t | CN¥24.4b | 22.3x | 69.2x | 0.7x |
| Mon, 19 Dec 2022 | CN¥1.8t | CN¥2.6t | CN¥33.1b | 24.1x | 53x | 0.7x |
| Wed, 16 Nov 2022 | CN¥1.7t | CN¥2.6t | CN¥33.1b | 23.4x | 50x | 0.6x |
| Fri, 14 Oct 2022 | CN¥1.6t | CN¥2.7t | CN¥64.1b | 19.6x | 24.7x | 0.6x |
| Sun, 11 Sep 2022 | CN¥1.8t | CN¥2.6t | CN¥54.5b | 23.2x | 32.2x | 0.7x |
| Tue, 09 Aug 2022 | CN¥1.6t | CN¥2.8t | CN¥37.5b | 20.4x | 42.7x | 0.6x |
| Thu, 07 Jul 2022 | CN¥1.7t | CN¥2.8t | CN¥40.1b | 19.5x | 41.5x | 0.6x |
| Sat, 04 Jun 2022 | CN¥1.6t | CN¥2.8t | CN¥40.3b | 19.7x | 40.9x | 0.6x |
| Mon, 02 May 2022 | CN¥1.8t | CN¥3.0t | CN¥103.4b | 16x | 17.4x | 0.6x |
| Wed, 30 Mar 2022 | CN¥1.8t | CN¥3.0t | CN¥142.6b | 15.6x | 12.8x | 0.6x |
| Fri, 25 Feb 2022 | CN¥1.8t | CN¥3.0t | CN¥143.3b | 13.1x | 12.4x | 0.6x |
| Sun, 23 Jan 2022 | CN¥1.8t | CN¥3.0t | CN¥158.4b | 13.3x | 11.7x | 0.6x |
| Tue, 21 Dec 2021 | CN¥1.8t | CN¥3.0t | CN¥158.4b | 13.4x | 11.1x | 0.6x |
| Thu, 18 Nov 2021 | CN¥1.7t | CN¥3.0t | CN¥159.2b | 12.1x | 10.6x | 0.6x |
| Sat, 16 Oct 2021 | CN¥1.8t | CN¥3.0t | CN¥181.8b | 12.2x | 9.6x | 0.6x |
| Mon, 13 Sep 2021 | CN¥1.8t | CN¥3.0t | CN¥181.9b | 13.7x | 10x | 0.6x |
| Wed, 11 Aug 2021 | CN¥1.7t | CN¥3.0t | CN¥181.9b | 12.5x | 9.5x | 0.6x |
| Sun, 06 Jun 2021 | CN¥2.0t | CN¥2.8t | CN¥197.1b | 15.7x | 10x | 0.7x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are pessimistic on the Chinese Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 3.1% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Chinese Real Estate industry?
| CN Market | -2.62% | |
| Real Estate | -6.39% | |
| Real Estate | -6.52% | |
| Diversified Real Estate | -4.11% | |
| Real Estate Operating Companies | -5.48% | |
| Real Estate Development | -7.09% | |
| Real Estate Services | -17.15% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average PE ratio of 48.5x.
- Analysts are expecting annual earnings growth of 8.2%, which is higher than its past year's earnings growth of 6.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Services industry, expecting annual earnings growth of 129% over the next 5 years.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 8.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 600895 Shanghai Zhangjiang Hi-Tech Park Development | CN¥19.59 | 9.3% +CN¥2.6b | 30.5% | PE34.9x | |
| 537 China Green Electricity Investment of Tianjin | CN¥10.20 | 4.4% +CN¥888.6m | -13.5% | PE24.7x | |
| 2016 Guangdong Shirongzhaoye | CN¥6.96 | 18.6% +CN¥881.9m | 6.9% | PE36.7x | |
| 2077 Jiangsu Dagang | CN¥13.16 | 8.1% +CN¥574.5m | -14.8% | PE282.1x | |
| 863 Sanxiang Impression | CN¥3.78 | 11.8% +CN¥472.3m | 4.4% | PE191.5x |
