Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Chinese (SSE) Energy Services Industry Analysis

UpdatedJan 02, 2026
DataAggregated Company Financials
Companies28
  • 7D-0.3%
  • 3M9.4%
  • 1Y30.7%
  • YTDn/a

The Energy Services is pretty flat in the last 7 days, but Changzheng Engineering TechnologyLtd has stood out, gaining 14%. As for the the longer term, the industry is up 28% over the past 12 months. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Chinese Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 02 Jan 2026CN¥311.1bCN¥259.0bCN¥10.5b50.7x29.5x1.2x
Sun, 30 Nov 2025CN¥285.6bCN¥259.0bCN¥10.5b50.6x27.1x1.1x
Tue, 28 Oct 2025CN¥290.0bCN¥257.7bCN¥10.8b49.8x26.7x1.1x
Thu, 25 Sep 2025CN¥282.1bCN¥258.4bCN¥10.8b49.6x26.1x1.1x
Sat, 23 Aug 2025CN¥279.2bCN¥256.8bCN¥11.1b40.9x25.1x1.1x
Mon, 21 Jul 2025CN¥257.3bCN¥257.5bCN¥11.6b38.4x22.2x1x
Wed, 18 Jun 2025CN¥256.2bCN¥257.5bCN¥11.6b37x22.1x1x
Fri, 16 May 2025CN¥233.0bCN¥257.5bCN¥11.6b36.8x20.1x0.9x
Sun, 13 Apr 2025CN¥225.0bCN¥248.7bCN¥12.3b28.9x18.3x0.9x
Tue, 11 Mar 2025CN¥232.8bCN¥246.5bCN¥11.9b31.5x19.6x0.9x
Thu, 06 Feb 2025CN¥237.4bCN¥246.5bCN¥11.9b32.3x20x1x
Sat, 04 Jan 2025CN¥234.3bCN¥246.5bCN¥11.9b30x19.7x1x
Mon, 02 Dec 2024CN¥247.3bCN¥246.5bCN¥11.9b33.9x20.8x1x
Wed, 30 Oct 2024CN¥252.2bCN¥242.9bCN¥11.9b29.3x21.3x1x
Fri, 27 Sep 2024CN¥206.5bCN¥243.8bCN¥11.8b23.4x17.4x0.8x
Sun, 25 Aug 2024CN¥194.4bCN¥241.1bCN¥11.4b19.5x17x0.8x
Tue, 23 Jul 2024CN¥198.6bCN¥244.1bCN¥11.5b20.5x17.3x0.8x
Thu, 20 Jun 2024CN¥213.8bCN¥244.1bCN¥11.5b22.2x18.6x0.9x
Sat, 18 May 2024CN¥224.8bCN¥244.1bCN¥11.4b24.6x19.6x0.9x
Mon, 15 Apr 2024CN¥225.1bCN¥241.1bCN¥10.7b24.8x21x0.9x
Wed, 13 Mar 2024CN¥211.2bCN¥243.8bCN¥11.2b23.1x18.9x0.9x
Fri, 09 Feb 2024CN¥192.3bCN¥243.8bCN¥11.2b19.8x17.2x0.8x
Sun, 07 Jan 2024CN¥210.8bCN¥243.0bCN¥10.0b26.5x21.1x0.9x
Tue, 05 Dec 2023CN¥216.1bCN¥243.0bCN¥10.0b27.7x21.6x0.9x
Thu, 02 Nov 2023CN¥216.3bCN¥239.5bCN¥9.8b27.4x22x0.9x
Sat, 30 Sep 2023CN¥232.7bCN¥239.8bCN¥9.7b28.4x24.1x1x
Mon, 28 Aug 2023CN¥215.5bCN¥237.5bCN¥9.9b29.2x21.8x0.9x
Wed, 26 Jul 2023CN¥226.6bCN¥239.3bCN¥9.6b30.3x23.7x0.9x
Fri, 23 Jun 2023CN¥209.8bCN¥239.8bCN¥9.7b29.3x21.7x0.9x
Sun, 21 May 2023CN¥220.6bCN¥239.8bCN¥10.7b30.7x20.7x0.9x
Tue, 18 Apr 2023CN¥238.4bCN¥217.3bCN¥8.1b49.2x29.5x1.1x
Thu, 16 Mar 2023CN¥228.3bCN¥233.4bCN¥6.7b51.9x34.1x1x
Sat, 11 Feb 2023CN¥230.9bCN¥233.3bCN¥6.8b52.2x34.1x1x
Mon, 09 Jan 2023CN¥213.0bCN¥233.3bCN¥6.8b42.2x31.5x0.9x
Price to Earnings Ratio

31.5x


Total Market Cap: CN¥213.0bTotal Earnings: CN¥6.8bTotal Revenue: CN¥233.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Energy Services Industry Price to Earnings3Y Average 22.6x202420252026
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 29.5x which is higher than its 3-year average PE of 22.6x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 3.5% 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-0.18%
Energy-0.20%
Energy Services-0.29%
Oil and Gas Services-0.26%
Oil and Gas Drilling-3.88%
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 22.3x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 26% 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
603698 Changzheng Engineering TechnologyLtdCN¥38.753.6%
+CN¥712.9m		158.9%PE105.9x
603619 Zhongman Petroleum and Natural Gas GroupLtdCN¥23.053.7%
+CN¥375.8m		21.1%PE20.7x
600968 CNOOC Energy Technology & ServicesCN¥3.840.8%
+CN¥305.0m		-10.1%PE10.2x
002278 Shanghai SK Petroleum & Chemical EquipmentCN¥12.703.8%
+CN¥167.4m		142.8%PE96.9x
603036 Jiangsu Rutong Petro-MachineryCN¥21.372.2%
+CN¥96.8m		30.3%PE38.2x

Latest News

002629
CN¥6.82
Zhejiang Renzhi
7D
-3.5%
1Y
59.7%
002423
CN¥11.70
COFCO Capital Holdings
7D
-1.8%
1Y
-9.8%
002278
CN¥12.70
Shanghai SK Petroleum & Chemical Equipment
7D
3.8%
1Y
142.8%
002108
CN¥4.77
Cangzhou Mingzhu PlasticLtd
7D
-2.3%
1Y
34.4%
300191
CN¥18.48
Sino Geophysical
7D
1.1%
1Y
48.1%
301158
CN¥22.37
Dezhou United Petroleum TechnologyLtd
7D
1.4%
1Y
62.9%
002443
CN¥8.16
Zhejiang Kingland Pipeline and TechnologiesLtd
7D
-5.4%
1Y
42.2%
300471
CN¥12.60
Houpu Clean Energy Group
7D
-4.8%
1Y
36.4%
002554
CN¥3.19
China Oil HBP Science & Technology
7D
-5.3%
1Y
28.6%
603698
CN¥38.75
Changzheng Engineering TechnologyLtd
7D
3.6%
1Y
158.9%
603800
CN¥48.77
Jiangsu Hongtian TechnologyLtd
7D
-6.2%
1Y
100.0%
600968
CN¥3.84
CNOOC Energy Technology & Services
7D
0.8%
1Y
-10.1%
688377
CN¥36.70
Nanjing Develop Advanced Manufacturing
7D
0.8%
1Y
98.0%
600583
CN¥5.49
Offshore Oil EngineeringLtd
7D
-0.9%
1Y
2.4%
603036
CN¥21.37
Jiangsu Rutong Petro-Machinery
7D
2.2%
1Y
30.3%
603619
CN¥23.05
Zhongman Petroleum and Natural Gas GroupLtd
7D
3.7%
1Y
21.1%