Weak Statutory Earnings May Not Tell The Whole Story For Guanghui LogisticsLtd (SHSE:600603)
May 08
Chinese (SSE) Diversified Real Estate Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies22
- 7D2.3%
- 3M4.8%
- 1Y-7.7%
- YTDn/a
Over the last 7 days, the Diversified Real Estate industry has risen 2.8%, driven by gains in Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd and ChengDu Hi-Tech Development of 4.7% and 12%, respectively. Meanwhile, Guanghui LogisticsLtd actually underperformed within the industry, shrinking 5.7% in the last week. However, the industry is down 9.1% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Chinese Diversified Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥260.9b | CN¥130.8b | CN¥2.5b | 32.5x | 104.5x | 2x |
| Sun, 14 Apr 2024 | CN¥263.1b | CN¥134.6b | CN¥14.3b | 24.6x | 18.4x | 2x |
| Tue, 12 Mar 2024 | CN¥289.2b | CN¥132.9b | CN¥12.0b | 27.1x | 24x | 2.2x |
| Thu, 08 Feb 2024 | CN¥249.1b | CN¥133.3b | CN¥12.3b | 20.6x | 20.3x | 1.9x |
| Sat, 06 Jan 2024 | CN¥273.6b | CN¥133.4b | CN¥11.4b | 26x | 23.9x | 2.1x |
| Mon, 04 Dec 2023 | CN¥301.1b | CN¥133.4b | CN¥11.4b | 26.9x | 26.3x | 2.3x |
| Wed, 01 Nov 2023 | CN¥292.6b | CN¥146.6b | CN¥12.8b | 18.8x | 22.8x | 2x |
| Fri, 29 Sep 2023 | CN¥291.0b | CN¥145.6b | CN¥13.2b | 19.8x | 22x | 2x |
| Sun, 27 Aug 2023 | CN¥273.9b | CN¥149.8b | CN¥11.9b | 18.6x | 23.1x | 1.8x |
| Tue, 25 Jul 2023 | CN¥276.1b | CN¥143.5b | CN¥12.0b | 18.8x | 23x | 1.9x |
| Thu, 22 Jun 2023 | CN¥265.1b | CN¥143.5b | CN¥12.0b | 18.1x | 22.1x | 1.8x |
| Sat, 20 May 2023 | CN¥279.5b | CN¥143.5b | CN¥12.0b | 18.2x | 23.3x | 1.9x |
| Mon, 17 Apr 2023 | CN¥292.7b | CN¥110.7b | CN¥12.9b | 22.3x | 22.6x | 2.6x |
| Wed, 15 Mar 2023 | CN¥277.5b | CN¥106.9b | CN¥14.2b | 22.7x | 19.5x | 2.6x |
| Fri, 10 Feb 2023 | CN¥291.6b | CN¥107.9b | CN¥14.6b | 23.4x | 19.9x | 2.7x |
| Sun, 08 Jan 2023 | CN¥290.2b | CN¥108.0b | CN¥14.6b | 23x | 19.8x | 2.7x |
| Tue, 06 Dec 2022 | CN¥290.0b | CN¥108.0b | CN¥14.6b | 24.7x | 19.8x | 2.7x |
| Thu, 03 Nov 2022 | CN¥256.7b | CN¥108.4b | CN¥14.2b | 20.3x | 18.1x | 2.4x |
| Sat, 01 Oct 2022 | CN¥252.2b | CN¥110.1b | CN¥11.9b | 21.9x | 21.1x | 2.3x |
| Mon, 29 Aug 2022 | CN¥278.3b | CN¥152.9b | -CN¥18,213,102,271.00 | 26x | -15.3x | 1.8x |
| Wed, 27 Jul 2022 | CN¥269.5b | CN¥155.7b | -CN¥16,800,644,578.00 | 18.9x | -16x | 1.7x |
| Fri, 24 Jun 2022 | CN¥272.4b | CN¥156.2b | -CN¥17,163,232,899.00 | 18.9x | -15.9x | 1.7x |
| Sun, 22 May 2022 | CN¥277.9b | CN¥156.4b | -CN¥17,234,253,271.00 | 19.6x | -16.1x | 1.8x |
| Tue, 19 Apr 2022 | CN¥283.3b | CN¥192.5b | -CN¥7,152,617,809.00 | 12.1x | -39.6x | 1.5x |
| Thu, 17 Mar 2022 | CN¥258.4b | CN¥192.3b | -CN¥7,009,171,301.00 | 10.8x | -36.9x | 1.3x |
| Sat, 12 Feb 2022 | CN¥289.7b | CN¥192.2b | -CN¥7,182,956,697.00 | 13.2x | -40.3x | 1.5x |
| Mon, 10 Jan 2022 | CN¥303.7b | CN¥192.2b | -CN¥7,182,799,183.00 | 13.8x | -42.3x | 1.6x |
| Wed, 08 Dec 2021 | CN¥275.5b | CN¥192.2b | -CN¥7,182,807,142.00 | 12.9x | -38.4x | 1.4x |
| Fri, 05 Nov 2021 | CN¥266.2b | CN¥192.2b | -CN¥7,182,595,366.00 | 11.5x | -37.1x | 1.4x |
| Sun, 03 Oct 2021 | CN¥341.5b | CN¥214.4b | CN¥105.9m | 11.8x | 3224.2x | 1.6x |
| Tue, 31 Aug 2021 | CN¥350.7b | CN¥214.4b | CN¥106.0m | 11.6x | 3309.1x | 1.6x |
| Wed, 07 Jul 2021 | CN¥357.7b | CN¥214.4b | CN¥106.0m | 13.1x | 3375.7x | 1.7x |
Price to Earnings Ratio
38.9x
Current Industry PE
- Investors are pessimistic on the Chinese Diversified Real Estate Activities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 103x which is lower than its 3-year average PE of 304x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Diversified Real Estate Activities industry have declined 37% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Chinese Diversified Real Estate compare with similar industries?
| CN Market | -1.53% | |
| Real Estate | 7.05% | |
| Real Estate | 7.22% | |
| Diversified Real Estate | 2.31% | |
| Real Estate Services | 20.94% | |
| Real Estate Development | 8.66% | |
| Real Estate Operating Companies | 5.59% | |
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 | |
|---|---|---|---|---|---|
| 600663 Shanghai Lujiazui Finance & Trade Zone DevelopmentLtd | CN¥9.92 | 2.6% +CN¥1.2b | -3.3% | PE44.5x | |
| 628 ChengDu Hi-Tech Development | CN¥47.25 | 5.1% +CN¥810.2m | 224.7% | PE45.1x | |
| 600773 Tibet Urban Development and InvestmentLTD | CN¥12.98 | 6.2% +CN¥723.2m | -5.5% | PS6.7x | |
| 601512 China-Singapore Suzhou Industrial Park Development Group | CN¥8.82 | 5.0% +CN¥629.5m | -9.9% | PE9.3x | |
| 600639 Shanghai Jinqiao Export Processing Zone DevelopmentLtd | CN¥11.85 | 3.7% +CN¥471.4m | -6.9% | PE19.7x |
