Inner Mongolia Dian Tou Energy Corporation Limited's (SZSE:002128) Earnings Are Not Doing Enough For Some Investors
Apr 16
Chinese (SSE) Energy Sector Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies74
- 7D2.1%
- 3M15.8%
- 1Y10.6%
- YTD12.6%
The Energy industry is up 2.1% in the last week, with Shaanxi Coal Industry up 3.8%. In the same time, China Coal Xinji EnergyLtd was down 6.0%. This takes the industry's 12 month performance to a gain of 11%. Earnings are forecast to grow by 11% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | CN¥1.3t | CN¥1.1t | CN¥104.3b | 15x | 12.1x | 1.2x |
| Sun, 17 Mar 2024 | CN¥1.2t | CN¥1.1t | CN¥110.8b | 14.6x | 10.7x | 1.1x |
| Tue, 13 Feb 2024 | CN¥1.1t | CN¥1.1t | CN¥111.1b | 13x | 10x | 1x |
| Thu, 11 Jan 2024 | CN¥1.1t | CN¥1.1t | CN¥110.0b | 13.2x | 10.3x | 1x |
| Sat, 09 Dec 2023 | CN¥1.1t | CN¥1.1t | CN¥110.0b | 13.8x | 9.7x | 1x |
| Mon, 06 Nov 2023 | CN¥1.0t | CN¥1.1t | CN¥109.8b | 14.3x | 9.4x | 1x |
| Wed, 04 Oct 2023 | CN¥1.1t | CN¥1.1t | CN¥118.2b | 14.6x | 9.1x | 1x |
| Fri, 01 Sep 2023 | CN¥992.5b | CN¥1.1t | CN¥120.5b | 13.8x | 8.2x | 0.9x |
| Sun, 30 Jul 2023 | CN¥1.0t | CN¥1.1t | CN¥145.8b | 14.6x | 7.1x | 0.9x |
| Tue, 27 Jun 2023 | CN¥988.2b | CN¥1.1t | CN¥144.9b | 13.6x | 6.8x | 0.9x |
| Thu, 25 May 2023 | CN¥1.1t | CN¥1.1t | CN¥145.2b | 14.4x | 7.4x | 0.9x |
| Sat, 22 Apr 2023 | CN¥1.1t | CN¥1.1t | CN¥139.0b | 15.8x | 8x | 1x |
| Mon, 20 Mar 2023 | CN¥1.1t | CN¥1.1t | CN¥133.8b | 16.6x | 7.9x | 1x |
| Wed, 15 Feb 2023 | CN¥1.1t | CN¥1.1t | CN¥130.2b | 17.2x | 8.4x | 1x |
| Fri, 13 Jan 2023 | CN¥1.0t | CN¥1.1t | CN¥130.2b | 15.8x | 7.9x | 0.9x |
| Sun, 11 Dec 2022 | CN¥1.1t | CN¥1.1t | CN¥130.4b | 17.8x | 8.2x | 1x |
| Tue, 08 Nov 2022 | CN¥1.1t | CN¥1.1t | CN¥130.3b | 17.6x | 8.5x | 1x |
| Thu, 06 Oct 2022 | CN¥1.1t | CN¥1.1t | CN¥123.3b | 18.1x | 9.1x | 1.1x |
| Sat, 03 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥122.4b | 19.3x | 9.4x | 1.1x |
| Mon, 01 Aug 2022 | CN¥1.1t | CN¥1.0t | CN¥93.5b | 24x | 11.2x | 1x |
| Wed, 29 Jun 2022 | CN¥1.1t | CN¥1.0t | CN¥93.4b | 24.8x | 11.9x | 1.1x |
| Fri, 27 May 2022 | CN¥1.0t | CN¥1.0t | CN¥93.4b | 22.2x | 11.1x | 1x |
| Sun, 24 Apr 2022 | CN¥981.2b | CN¥949.3b | CN¥77.2b | 19.4x | 12.7x | 1x |
| Tue, 22 Mar 2022 | CN¥999.7b | CN¥923.0b | CN¥72.2b | 17.7x | 13.8x | 1.1x |
| Thu, 17 Feb 2022 | CN¥966.9b | CN¥877.5b | CN¥66.3b | 19.3x | 14.6x | 1.1x |
| Sat, 15 Jan 2022 | CN¥928.6b | CN¥872.0b | CN¥65.3b | 20.6x | 14.2x | 1.1x |
| Mon, 13 Dec 2021 | CN¥915.4b | CN¥841.9b | CN¥64.8b | 20.4x | 14.1x | 1.1x |
| Wed, 10 Nov 2021 | CN¥880.5b | CN¥841.9b | CN¥64.8b | 19x | 13.6x | 1x |
| Fri, 08 Oct 2021 | CN¥1.1t | CN¥785.3b | CN¥57.1b | 23.2x | 19.5x | 1.4x |
| Sun, 05 Sep 2021 | CN¥1.0t | CN¥785.0b | CN¥57.1b | 20x | 18.1x | 1.3x |
| Tue, 03 Aug 2021 | CN¥818.9b | CN¥785.0b | CN¥57.1b | 15.9x | 14.3x | 1x |
| Fri, 07 May 2021 | CN¥750.7b | CN¥724.2b | CN¥47.2b | 18x | 15.9x | 1x |
Price to Earnings Ratio
15.9x
Current Industry PE
- Investors are relatively neutral on the Chinese Energy 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 11.3x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 14% 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 | -0.36% | |
| Energy | 2.05% | |
| Oil and Gas | 2.51% | |
| Energy Services | -0.082% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 31.0x.
- Analysts expect its future annual earnings growth (18.8%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.7x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 19% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 9.6% 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¥26.97 | 3.8% +CN¥9.5b | 34.3% | PE11.8x | |
| 601699 Shanxi Lu'an Environmental Energy Development | CN¥23.99 | 8.4% +CN¥5.5b | 19.6% | PE9.1x | |
| 601872 China Merchants Energy Shipping | CN¥8.60 | 7.9% +CN¥5.1b | 19.9% | PE14.5x | |
| 600968 CNOOC Energy Technology & Services | CN¥4.20 | 10.5% +CN¥4.1b | 14.4% | PE13.9x | |
| 2128 Inner Mongolia Dian Tou Energy | CN¥19.88 | 7.8% +CN¥3.2b | 44.2% | PE10.3x |
