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Chinese (SSE) Energy Sector Analysis

UpdatedDec 07, 2022
DataAggregated Company Financials
Companies73
  • 7D-0.4%
  • 3M-10.6%
  • 1Y21.2%
  • YTD20.4%

In the last week, the Energy industry is up 2.3%, with COFCO Capital Holdings up 18%. Meanwhile, China Merchants Energy Shipping actually underperformed within the industry, shrinking 5.8% in the last week. This means that the industry has gained 23% over the past year. As for the next few years, earnings are expected to grow by 10% per annum.

Sector Valuation and Performance

Has the Chinese Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Dec 2022CN„1.1tCN„1.1tCN„130.4b18.3x8.3x1x
Fri, 04 Nov 2022CN„1.0tCN„1.1tCN„130.4b17x8.1x1x
Sun, 02 Oct 2022CN„1.1tCN„1.1tCN„123.3b18.1x9.1x1.1x
Tue, 30 Aug 2022CN„1.2tCN„1.0tCN„103.7b20.8x11.9x1.2x
Thu, 28 Jul 2022CN„1.1tCN„1.0tCN„93.6b24.3x11.3x1x
Sat, 25 Jun 2022CN„1.0tCN„1.0tCN„93.4b24.6x11.2x1x
Mon, 23 May 2022CN„1.0tCN„1.0tCN„90.5b20.2x11.1x1x
Wed, 20 Apr 2022CN„1.0tCN„949.6bCN„77.2b20.8x13.4x1.1x
Fri, 18 Mar 2022CN„946.6bCN„923.0bCN„72.2b16.7x13.1x1x
Sun, 13 Feb 2022CN„981.5bCN„875.3bCN„65.5b19x15x1.1x
Tue, 11 Jan 2022CN„938.4bCN„841.9bCN„64.8b19.7x14.5x1.1x
Thu, 09 Dec 2021CN„930.0bCN„841.9bCN„64.8b20.8x14.3x1.1x
Sat, 06 Nov 2021CN„870.3bCN„841.9bCN„64.8b18.3x13.4x1x
Mon, 04 Oct 2021CN„1.1tCN„785.3bCN„57.1b23.2x19.5x1.4x
Wed, 01 Sep 2021CN„1.0tCN„785.0bCN„57.1b19.2x17.7x1.3x
Thu, 08 Jul 2021CN„835.5bCN„785.0bCN„57.1b17.4x14.6x1.1x
Wed, 31 Mar 2021CN„740.9bCN„724.2bCN„47.2b18.6x15.7x1x
Sat, 02 Jan 2021CN„738.2bCN„678.9bCN„40.4b23.2x18.3x1.1x
Tue, 06 Oct 2020CN„655.7bCN„677.3bCN„38.4b26.9x17.1x1x
Fri, 10 Jul 2020CN„596.5bCN„677.1bCN„36.6b23.9x16.3x0.9x
Thu, 02 Apr 2020CN„607.7bCN„682.6bCN„33.3b17.6x18.3x0.9x
Sun, 05 Jan 2020CN„740.6bCN„696.5bCN„34.7b26.5x21.3x1.1x
Price to Earnings Ratio

21.3x


Total Market Cap: CN„740.6bTotal Earnings: CN„34.7bTotal Revenue: CN„696.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Energy Sector Price to Earnings3Y Average 15.6x20212022
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 8.4x which is lower than its 3-year average PE of 15.6x.
  • 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 55% 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 Market2.30%
Energy-0.44%
Energy Services3.36%
Oil and Gas-1.38%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 50.3x.
    • Analysts are expecting annual earnings growth of 22.6%, which is higher than its past year's earnings growth of 1.8% per year.
  • Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 12.7x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings growth rate of 1.8% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 6.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2423 COFCO Capital HoldingsCN„8.4317.6%
+CN„2.9b
2.6%PE17.2x
600968 CNOOC Energy Technology & ServicesCN„3.336.4%
+CN„2.0b
14.4%PE19x
600339 China Petroleum EngineeringCN„3.448.2%
+CN„1.5b
17.4%PE36.5x
600583 Offshore Oil EngineeringLtdCN„5.964.2%
+CN„1.1b
35.5%PE40.2x
603318 Shuifa Energas GasCN„11.30-3.3%
CN„768.0m
23.2%PE113.5x
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Latest News

600339

CN„3.44

China Petroleum Engineering

7D

8.2%

1Y

17.4%

2423

CN„8.43

COFCO Capital Holdings

7D

17.6%

1Y

2.6%

688377

CN„41.49

Nanjing Develop Advanced Manufacturing

7D

7.1%

1Y

162.4%

605090

CN„23.24

Jiangxi Jovo Energy

7D

-4.0%

1Y

-24.8%

603318

CN„11.30

Shuifa Energas Gas

7D

-3.3%

1Y

23.2%

601225

CN„19.94

Shaanxi Coal Industry

7D

-1.1%

1Y

53.1%

601975

CN„4.54

Nanjing Tanker

7D

2.3%

1Y

131.6%

601699

CN„18.89

Shanxi Lu'an Environmental Energy Development

7D

-0.9%

1Y

64.3%

600968

CN„3.33

CNOOC Energy Technology & Services

7D

6.4%

1Y

14.4%

600583

CN„5.96

Offshore Oil EngineeringLtd

7D

4.2%

1Y

35.5%

600256

CN„10.26

Guanghui Energy

7D

-4.1%

1Y

46.2%

852

CN„6.81

Sinopec Oilfield Equipment

7D

3.7%

1Y

-1.4%

601872

CN„6.19

China Merchants Energy Shipping

7D

-5.8%

1Y

39.1%

600348

CN„16.55

Shan Xi Huayang Group New EnergyLtd

7D

-2.0%

1Y

40.3%

937

CN„6.85

Jizhong Energy Resources

7D

-1.4%

1Y

13.6%