Chinese (SSE) Energy Sector Analysis
UpdatedNov 26, 2023
DataAggregated Company Financials
Companies75
- 7D1.3%
- 3M8.5%
- 1Y-7.9%
- YTD-1.4%
In the last week, the Energy industry is up 1.3%, with Shaanxi Coal Industry up 4.2%. However, the industry is down 7.9% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.
Sector Valuation and Performance
Has the Chinese Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Nov 2023 | CN¥1.1t | CN¥1.1t | CN¥110.0b | 14.1x | 9.7x | 1x |
| Tue, 24 Oct 2023 | CN¥1.0t | CN¥1.1t | CN¥117.6b | 13.5x | 8.7x | 0.9x |
| Thu, 21 Sep 2023 | CN¥1.1t | CN¥1.1t | CN¥118.2b | 14.6x | 9.1x | 1x |
| Sat, 19 Aug 2023 | CN¥993.1b | CN¥1.1t | CN¥140.3b | 14.2x | 7.1x | 0.9x |
| Mon, 17 Jul 2023 | CN¥1.0t | CN¥1.1t | CN¥145.9b | 14.5x | 7.1x | 0.9x |
| Wed, 14 Jun 2023 | CN¥1.0t | CN¥1.1t | CN¥144.9b | 14.2x | 7.1x | 0.9x |
| Fri, 12 May 2023 | CN¥1.1t | CN¥1.1t | CN¥146.2b | 14.9x | 7.6x | 1x |
| Sun, 09 Apr 2023 | CN¥1.1t | CN¥1.1t | CN¥137.7b | 15.6x | 8.1x | 1x |
| Tue, 07 Mar 2023 | CN¥1.1t | CN¥1.1t | CN¥129.2b | 17x | 8.7x | 1x |
| Thu, 02 Feb 2023 | CN¥1.1t | CN¥1.1t | CN¥130.2b | 17.1x | 8.3x | 1x |
| Sat, 31 Dec 2022 | CN¥984.5b | CN¥1.1t | CN¥130.4b | 15.6x | 7.6x | 0.9x |
| Mon, 28 Nov 2022 | CN¥1.1t | CN¥1.1t | CN¥130.3b | 17.6x | 8.3x | 1x |
| Wed, 26 Oct 2022 | CN¥1.1t | CN¥1.1t | CN¥127.0b | 16.7x | 8.4x | 1x |
| Fri, 23 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥123.3b | 19.1x | 9.8x | 1.1x |
| Sun, 21 Aug 2022 | CN¥1.1t | CN¥1.0t | CN¥99.5b | 20.7x | 11.4x | 1.1x |
| Tue, 19 Jul 2022 | CN¥1.0t | CN¥1.0t | CN¥93.3b | 22.9x | 10.8x | 1x |
| Thu, 16 Jun 2022 | CN¥1.2t | CN¥1.0t | CN¥93.4b | 24.8x | 12.4x | 1.1x |
| Sat, 14 May 2022 | CN¥943.1b | CN¥1.0t | CN¥93.7b | 18.1x | 10.1x | 0.9x |
| Mon, 11 Apr 2022 | CN¥992.5b | CN¥922.9b | CN¥72.7b | 19.3x | 13.7x | 1.1x |
| Wed, 09 Mar 2022 | CN¥1.1t | CN¥921.0b | CN¥71.4b | 17.8x | 14.9x | 1.2x |
| Fri, 04 Feb 2022 | CN¥887.5b | CN¥875.3b | CN¥65.5b | 18.6x | 13.5x | 1x |
| Sun, 02 Jan 2022 | CN¥915.0b | CN¥841.9b | CN¥64.8b | 19.7x | 14.1x | 1.1x |
| Tue, 30 Nov 2021 | CN¥874.1b | CN¥841.9b | CN¥64.8b | 20.3x | 13.5x | 1x |
| Thu, 28 Oct 2021 | CN¥1.0t | CN¥823.1b | CN¥59.7b | 21.4x | 17.2x | 1.2x |
| Sat, 25 Sep 2021 | CN¥1.1t | CN¥785.3b | CN¥57.1b | 23.6x | 19.6x | 1.4x |
| Mon, 23 Aug 2021 | CN¥915.2b | CN¥785.0b | CN¥57.1b | 17.7x | 16x | 1.2x |
| Sat, 10 Jul 2021 | CN¥835.5b | CN¥785.0b | CN¥57.1b | 17.4x | 14.6x | 1.1x |
| Fri, 02 Apr 2021 | CN¥740.9b | CN¥724.2b | CN¥47.2b | 18.6x | 15.7x | 1x |
| Mon, 04 Jan 2021 | CN¥738.2b | CN¥678.9b | CN¥40.4b | 23.2x | 18.3x | 1.1x |
Price to Earnings Ratio
19.1x
Current Industry PE
- Investors are pessimistic on the Chinese Energy 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 9.7x which is lower than its 3-year average PE of 12.3x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 42% 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 Trends
Which industries have driven the changes within the Chinese Energy sector?
| CN Market | -0.96% | |
| Energy | 1.27% | |
| Oil and Gas | 1.71% | |
| Energy Services | -0.50% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 36.0x.
- Analysts are expecting annual earnings growth of 22.8%, which is lower than the prior year's growth of 36.5% per year.
- Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 10.3x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 36% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 9.9% 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 | |
|---|---|---|---|---|---|
| 601225 Shaanxi Coal Industry | CN¥19.25 | 4.2% +CN¥7.5b | -6.5% | PE8.4x | |
| 605090 Jiangxi Jovo Energy | CN¥28.70 | 17.5% +CN¥2.6b | 23.9% | PE13.9x | |
| 983 Shanxi Coking Coal Energy Group | CN¥9.32 | 2.0% +CN¥1.0b | -26.4% | PE7.5x | |
| 900948 Inner Mongolia Yitai CoalLtd | US$1.40 | 2.4% +US$107.4m | -7.9% | PE4.5x | |
| 600348 Shan Xi Huayang Group New EnergyLtd | CN¥8.30 | 2.1% +CN¥613.3m | -23.4% | PE4.7x |