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- 7D4.2%
- 3M19.2%
- 1Y74.6%
- YTD25.4%
In the last week, the Energy Services industry is up 4.2%, with Yantai Jereh Oilfield Services Group up 9.4%. This means that the industry has gained 75% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Chinese Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 11 Apr 2026 | CN¥395.3b | CN¥255.6b | CN¥10.7b | 61.2x | 36.9x | 1.5x |
| Mon, 09 Mar 2026 | CN¥433.8b | CN¥259.1b | CN¥10.6b | 77.1x | 40.8x | 1.7x |
| Wed, 04 Feb 2026 | CN¥359.7b | CN¥259.0b | CN¥10.5b | 61.7x | 34.1x | 1.4x |
| Fri, 02 Jan 2026 | CN¥311.1b | CN¥259.0b | CN¥10.5b | 50.7x | 29.5x | 1.2x |
| Sun, 30 Nov 2025 | CN¥285.6b | CN¥259.0b | CN¥10.5b | 50.6x | 27.1x | 1.1x |
| Tue, 28 Oct 2025 | CN¥290.0b | CN¥257.7b | CN¥10.8b | 49.8x | 26.7x | 1.1x |
| Thu, 25 Sep 2025 | CN¥282.1b | CN¥258.4b | CN¥10.8b | 49.6x | 26.1x | 1.1x |
| Sat, 23 Aug 2025 | CN¥279.2b | CN¥256.8b | CN¥11.1b | 40.9x | 25.1x | 1.1x |
| Mon, 21 Jul 2025 | CN¥257.3b | CN¥257.5b | CN¥11.6b | 38.4x | 22.2x | 1x |
| Wed, 18 Jun 2025 | CN¥256.2b | CN¥257.5b | CN¥11.6b | 37x | 22.1x | 1x |
| Fri, 16 May 2025 | CN¥233.0b | CN¥257.5b | CN¥11.6b | 36.8x | 20.1x | 0.9x |
| Sun, 13 Apr 2025 | CN¥225.0b | CN¥248.7b | CN¥12.3b | 28.9x | 18.3x | 0.9x |
| Tue, 11 Mar 2025 | CN¥232.8b | CN¥246.5b | CN¥11.9b | 31.5x | 19.6x | 0.9x |
| Thu, 06 Feb 2025 | CN¥237.4b | CN¥246.5b | CN¥11.9b | 32.3x | 20x | 1x |
| Sat, 04 Jan 2025 | CN¥234.3b | CN¥246.5b | CN¥11.9b | 30x | 19.7x | 1x |
| Mon, 02 Dec 2024 | CN¥247.3b | CN¥246.5b | CN¥11.9b | 33.9x | 20.8x | 1x |
| Wed, 30 Oct 2024 | CN¥252.2b | CN¥242.9b | CN¥11.9b | 29.3x | 21.3x | 1x |
| Fri, 27 Sep 2024 | CN¥206.5b | CN¥243.8b | CN¥11.8b | 23.4x | 17.4x | 0.8x |
| Sun, 25 Aug 2024 | CN¥194.4b | CN¥241.1b | CN¥11.4b | 19.5x | 17x | 0.8x |
| Tue, 23 Jul 2024 | CN¥198.6b | CN¥244.1b | CN¥11.5b | 20.5x | 17.3x | 0.8x |
| Thu, 20 Jun 2024 | CN¥213.8b | CN¥244.1b | CN¥11.5b | 22.2x | 18.6x | 0.9x |
| Sat, 18 May 2024 | CN¥224.8b | CN¥244.1b | CN¥11.4b | 24.6x | 19.6x | 0.9x |
| Mon, 15 Apr 2024 | CN¥225.1b | CN¥241.1b | CN¥10.7b | 24.8x | 21x | 0.9x |
| Wed, 13 Mar 2024 | CN¥211.2b | CN¥243.8b | CN¥11.2b | 23.1x | 18.9x | 0.9x |
| Fri, 09 Feb 2024 | CN¥192.3b | CN¥243.8b | CN¥11.2b | 19.8x | 17.2x | 0.8x |
| Sun, 07 Jan 2024 | CN¥210.8b | CN¥243.0b | CN¥10.0b | 26.5x | 21.1x | 0.9x |
| Tue, 05 Dec 2023 | CN¥216.1b | CN¥243.0b | CN¥10.0b | 27.7x | 21.6x | 0.9x |
| Thu, 02 Nov 2023 | CN¥216.3b | CN¥239.5b | CN¥9.8b | 27.4x | 22x | 0.9x |
| Sat, 30 Sep 2023 | CN¥232.7b | CN¥239.8b | CN¥9.7b | 28.4x | 24.1x | 1x |
| Mon, 28 Aug 2023 | CN¥215.5b | CN¥237.5b | CN¥9.9b | 29.2x | 21.8x | 0.9x |
| Wed, 26 Jul 2023 | CN¥226.6b | CN¥239.3b | CN¥9.6b | 30.3x | 23.7x | 0.9x |
| Fri, 23 Jun 2023 | CN¥209.8b | CN¥239.8b | CN¥9.7b | 29.3x | 21.7x | 0.9x |
| Sun, 21 May 2023 | CN¥220.6b | CN¥239.8b | CN¥10.7b | 30.7x | 20.7x | 0.9x |
| Tue, 18 Apr 2023 | CN¥238.4b | CN¥217.3b | CN¥8.1b | 49.2x | 29.5x | 1.1x |
Price to Earnings Ratio
29.5x
Current Industry PE
- Investors are optimistic on the Chinese Energy Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.9x which is higher than its 3-year average PE of 22.8x.
- The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 9.8% per year over the last three years.
- Revenues for these companies have grown 5.6% 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 industry?
| CN Market | 4.93% | |
| Energy | 0.80% | |
| Energy Services | 4.21% | |
| Oil and Gas Services | 4.32% | |
| Oil and Gas Drilling | -10.14% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 24% over the next 5 years.
- This is better than its past earnings growth rate of 6.2% per year.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 24% 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 | |
|---|---|---|---|---|---|
| 002353 Yantai Jereh Oilfield Services Group | CN¥117.46 | 9.4% +CN¥10.3b | 278.8% | PE42.3x | |
| 603698 Changzheng Engineering TechnologyLtd | CN¥31.97 | 9.9% +CN¥1.5b | 97.3% | PE79.1x | |
| 603800 Jiangsu Hongtian TechnologyLtd | CN¥43.61 | 14.8% +CN¥1.1b | 43.9% | PE92.8x | |
| 300191 Sino Geophysical | CN¥41.40 | 8.8% +CN¥1.1b | 175.3% | PS24x | |
| 600583 Offshore Oil EngineeringLtd | CN¥7.02 | 3.4% +CN¥1.0b | 32.2% | PE14.9x |