China Merchants Energy Shipping Co., Ltd.'s (SHSE:601872) Shares Not Telling The Full Story
Dec 24
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Chinese (SSE) Energy Sector Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies73
- 7D-3.0%
- 3M4.2%
- 1Y2.8%
- YTD-0.8%
Over the last 7 days, the Energy industry has dropped 4.4%, driven by Shaanxi Coal Industry declining 5.4%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 15% 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | CN¥1.1t | CN¥1.0t | CN¥80.2b | 19.6x | 13.8x | 1.1x |
| Fri, 22 Nov 2024 | CN¥1.2t | CN¥1.0t | CN¥80.2b | 20.9x | 14.6x | 1.2x |
| Sun, 20 Oct 2024 | CN¥1.1t | CN¥1.0t | CN¥84.6b | 19.7x | 13.4x | 1.1x |
| Tue, 17 Sep 2024 | CN¥959.5b | CN¥1.0t | CN¥84.6b | 14.4x | 11.3x | 1x |
| Thu, 15 Aug 2024 | CN¥1.0t | CN¥1.0t | CN¥88.5b | 14.5x | 11.8x | 1x |
| Sat, 13 Jul 2024 | CN¥1.1t | CN¥1.0t | CN¥88.2b | 14.6x | 12.5x | 1.1x |
| Mon, 10 Jun 2024 | CN¥1.2t | CN¥1.0t | CN¥88.2b | 16.3x | 14.1x | 1.2x |
| Wed, 08 May 2024 | CN¥1.2t | CN¥1.0t | CN¥88.5b | 16.8x | 13.6x | 1.2x |
| Fri, 05 Apr 2024 | CN¥1.2t | CN¥1.1t | CN¥105.5b | 17x | 11.6x | 1.1x |
| Sun, 03 Mar 2024 | CN¥1.2t | CN¥1.1t | CN¥111.0b | 13.9x | 10.9x | 1.1x |
| Tue, 30 Jan 2024 | CN¥1.1t | CN¥1.1t | CN¥110.3b | 13.3x | 10.3x | 1.1x |
| Thu, 28 Dec 2023 | CN¥1.1t | CN¥1.1t | CN¥110.0b | 13.5x | 10x | 1x |
| Sat, 25 Nov 2023 | CN¥1.1t | CN¥1.1t | CN¥110.0b | 14.1x | 9.7x | 1x |
| Mon, 23 Oct 2023 | CN¥1.0t | CN¥1.1t | CN¥117.6b | 13.8x | 8.9x | 0.9x |
| Wed, 20 Sep 2023 | CN¥1.1t | CN¥1.1t | CN¥118.2b | 14.6x | 9.2x | 1x |
| Fri, 18 Aug 2023 | CN¥995.5b | CN¥1.1t | CN¥143.5b | 14.3x | 6.9x | 0.9x |
| Sun, 16 Jul 2023 | CN¥1.0t | CN¥1.1t | CN¥145.9b | 14.5x | 7.1x | 0.9x |
| Tue, 13 Jun 2023 | CN¥1.0t | CN¥1.1t | CN¥144.9b | 14.2x | 7.1x | 0.9x |
| Thu, 11 May 2023 | CN¥1.1t | CN¥1.1t | CN¥145.9b | 14.9x | 7.6x | 1x |
| Sat, 08 Apr 2023 | CN¥1.1t | CN¥1.1t | CN¥134.4b | 15.8x | 8.3x | 1x |
| Mon, 06 Mar 2023 | CN¥1.1t | CN¥1.1t | CN¥129.2b | 17x | 8.8x | 1x |
| Wed, 01 Feb 2023 | CN¥1.1t | CN¥1.1t | CN¥130.2b | 17.3x | 8.3x | 1x |
| Fri, 30 Dec 2022 | CN¥980.7b | CN¥1.1t | CN¥130.4b | 15.5x | 7.5x | 0.9x |
| Sun, 27 Nov 2022 | CN¥1.1t | CN¥1.1t | CN¥130.3b | 17.6x | 8.3x | 1x |
| Tue, 25 Oct 2022 | CN¥1.1t | CN¥1.1t | CN¥126.8b | 18.5x | 8.7x | 1x |
| Thu, 22 Sep 2022 | CN¥1.2t | CN¥1.1t | CN¥123.3b | 19x | 9.6x | 1.1x |
| Sat, 20 Aug 2022 | CN¥1.1t | CN¥1.0t | CN¥99.2b | 20.7x | 11.4x | 1.1x |
| Mon, 18 Jul 2022 | CN¥1.0t | CN¥1.0t | CN¥93.3b | 22.9x | 10.8x | 1x |
| Wed, 15 Jun 2022 | CN¥1.2t | CN¥1.0t | CN¥93.3b | 25.7x | 12.7x | 1.2x |
| Fri, 13 May 2022 | CN¥936.2b | CN¥1.0t | CN¥93.7b | 18.2x | 10x | 0.9x |
| Sun, 10 Apr 2022 | CN¥992.5b | CN¥922.3b | CN¥73.3b | 19.3x | 13.5x | 1.1x |
| Tue, 08 Mar 2022 | CN¥1.1t | CN¥921.0b | CN¥71.4b | 18.7x | 14.9x | 1.2x |
| Thu, 03 Feb 2022 | CN¥887.5b | CN¥875.3b | CN¥65.5b | 18.6x | 13.5x | 1x |
| Sat, 01 Jan 2022 | CN¥915.0b | CN¥841.9b | CN¥64.8b | 19.7x | 14.1x | 1.1x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are optimistic on the Chinese Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.7x which is higher than its 3-year average PE of 10.7x.
- 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 7.4% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 | 0.39% | |
| Energy | -3.04% | |
| Energy Services | 0.84% | |
| Oil and Gas | -4.03% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 27.2x.
- Analysts are expecting annual earnings growth of 16.5%, which is higher than its past year's earnings growth of 7.6% per year.
- 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 9.4x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings growth rate of 7.6% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 600968 CNOOC Energy Technology & Services | CN¥4.30 | 5.7% +CN¥2.3b | 54.7% | PE12.1x | |
| 601872 China Merchants Energy Shipping | CN¥6.53 | 3.5% +CN¥1.8b | 11.2% | PE12x | |
| 002353 Yantai Jereh Oilfield Services Group | CN¥34.61 | 2.5% +CN¥867.9m | 26.0% | PE14.2x | |
| 002221 Oriental Energy | CN¥9.78 | 3.1% +CN¥457.1m | -3.8% | PE93.3x | |
| 603800 Jiangsu Hongtian TechnologyLtd | CN¥26.29 | 8.6% +CN¥421.7m | 0.6% | PE23.1x |
