According to the comprehensive report of China Securities Regulatory Commission, since the beginning of this year, the household appliances segment has continued its booming market in 2017, achieving a relatively good performance. According to statistics, of the household appliances stocks in the two cities, 34 have risen this year.
Analysts said that the fiery consumer spending before the Spring Festival undoubtedly on the A-share market, consumer electronics and other consumer sectors directly positive catalyst, and this year's Spring Festival relative to previous years after the relative push is also expected to extend the consumer segment of the market cycle, release more Investment opportunities.
From the performance point of view, as of yesterday, a total of 31 cities in the two cities listed appliance companies released annual results notice, of which 24 companies pre-hi performance, accounting for nearly Bacheng.
Valuation, despite the overall good home appliances sector in 2017 achieved a substantial increase, but the valuation of the leading stock is still low, according to statistics, as of yesterday, the median household appliance segment valuation of 35.32 times, Hisense Kelon, Gree, Hisense Electric, Qingdao Haier, shares and other latest nine-earnings price-earnings ratio is 20 times the following.
Shanxi Securities said that although appliance stocks in the eye-catching gains in 2017, but as the overall household appliances revenue growth also rose rapidly, the performance of listed companies, especially leading enterprises increased well, making the corresponding price-earnings ratio is still in a reasonable range in 2018, continue Optimistic about the upgrading of the product structure and strong certainty of white goods and is still in the ascendant phase of kitchen appliances and small appliances and other sub-sectors, the market capacity can be expected to recommend the boss appliances, Vantage shares and Feike appliances; from the perspective of valuation and repair TCL Group, Hisense Electric.
CICC recommends that investors focus on three types of White Buys investment opportunities: 1. With the performance of certainty high 'White Horse' Midea Group, Gree appliances, the boss appliances; 2. Investment performance reversal of second-line 'little dragon' million and electrical , Hisense Kelon, Rongtai health, Xinbao shares; 3. Configure the market segments of high quality 'white horse' Supor, Op lighting, Vantage shares, flying Branch appliances.