Lanpec Technologies Limited's (SHSE:601798) Popularity With Investors Under Threat As Stock Sinks 29%
Apr 16
Chinese (SSE) Oil and Gas Services Industry Analysis
UpdatedApr 17, 2024
DataAggregated Company Financials
Companies27
- 7D-1.2%
- 3M7.3%
- 1Y-7.3%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 1.5%, and Sino Geophysical contributed the most with a 11% decline. The industry has fallen 4.5% in the last year. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Chinese Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | CN¥223.0b | CN¥240.1b | CN¥10.7b | 21.6x | 20.9x | 0.9x |
| Fri, 15 Mar 2024 | CN¥210.2b | CN¥239.4b | CN¥11.0b | 23x | 19x | 0.9x |
| Sun, 11 Feb 2024 | CN¥191.0b | CN¥243.0b | CN¥11.2b | 19.8x | 17x | 0.8x |
| Tue, 09 Jan 2024 | CN¥204.2b | CN¥242.2b | CN¥10.1b | 25.8x | 20.3x | 0.8x |
| Thu, 07 Dec 2023 | CN¥208.1b | CN¥242.2b | CN¥10.1b | 27.3x | 20.7x | 0.9x |
| Sat, 04 Nov 2023 | CN¥214.8b | CN¥240.0b | CN¥10.0b | 28.2x | 21.5x | 0.9x |
| Mon, 02 Oct 2023 | CN¥230.2b | CN¥239.0b | CN¥9.8b | 28.4x | 23.6x | 1x |
| Wed, 30 Aug 2023 | CN¥218.7b | CN¥236.7b | CN¥9.9b | 30.2x | 22x | 0.9x |
| Fri, 28 Jul 2023 | CN¥222.3b | CN¥238.6b | CN¥9.7b | 31.1x | 23x | 0.9x |
| Sun, 25 Jun 2023 | CN¥208.3b | CN¥239.1b | CN¥9.8b | 29.3x | 21.3x | 0.9x |
| Tue, 23 May 2023 | CN¥218.4b | CN¥239.2b | CN¥10.8b | 30.4x | 20.2x | 0.9x |
| Thu, 20 Apr 2023 | CN¥232.2b | CN¥216.2b | CN¥8.2b | 47.6x | 28.2x | 1.1x |
| Sat, 18 Mar 2023 | CN¥223.2b | CN¥232.3b | CN¥6.9b | 51.3x | 32.3x | 1x |
| Mon, 13 Feb 2023 | CN¥228.9b | CN¥232.2b | CN¥7.0b | 52.2x | 32.9x | 1x |
| Wed, 11 Jan 2023 | CN¥208.5b | CN¥232.2b | CN¥7.0b | 40.8x | 29.9x | 0.9x |
| Fri, 09 Dec 2022 | CN¥225.9b | CN¥232.2b | CN¥7.0b | 43.2x | 32.4x | 1x |
| Sun, 06 Nov 2022 | CN¥211.7b | CN¥232.2b | CN¥7.0b | 42.6x | 30.4x | 0.9x |
| Tue, 04 Oct 2022 | CN¥204.9b | CN¥228.0b | CN¥6.5b | 41.5x | 31.8x | 0.9x |
| Thu, 01 Sep 2022 | CN¥219.2b | CN¥224.3b | CN¥6.3b | 44.4x | 34.8x | 1x |
| Sat, 30 Jul 2022 | CN¥208.4b | CN¥216.8b | CN¥5.6b | 45.2x | 37.2x | 1x |
| Mon, 27 Jun 2022 | CN¥208.6b | CN¥216.8b | CN¥5.6b | 46.9x | 37.2x | 1x |
| Wed, 25 May 2022 | CN¥191.8b | CN¥216.8b | CN¥5.6b | 42.1x | 34.2x | 0.9x |
| Fri, 22 Apr 2022 | CN¥191.2b | CN¥204.5b | CN¥4.9b | 34.3x | 39.3x | 0.9x |
| Sun, 20 Mar 2022 | CN¥220.2b | CN¥201.5b | CN¥6.1b | 32.8x | 35.9x | 1.1x |
| Tue, 15 Feb 2022 | CN¥231.7b | CN¥200.5b | CN¥6.2b | 31.4x | 37.3x | 1.2x |
| Thu, 13 Jan 2022 | CN¥230.5b | CN¥198.9b | CN¥6.2b | 26.8x | 37.3x | 1.2x |
| Sat, 11 Dec 2021 | CN¥217.3b | CN¥198.9b | CN¥6.2b | 30.3x | 35.2x | 1.1x |
| Mon, 08 Nov 2021 | CN¥206.4b | CN¥198.9b | CN¥6.2b | 30.8x | 33.4x | 1x |
| Wed, 06 Oct 2021 | CN¥229.0b | CN¥192.5b | CN¥5.9b | 26.2x | 38.7x | 1.2x |
| Fri, 03 Sep 2021 | CN¥211.5b | CN¥192.5b | CN¥5.9b | 25.5x | 35.8x | 1.1x |
| Sun, 01 Aug 2021 | CN¥190.6b | CN¥192.5b | CN¥5.9b | 23.3x | 32.2x | 1x |
| Wed, 05 May 2021 | CN¥177.4b | CN¥185.6b | CN¥5.0b | 22.1x | 35.3x | 1x |
Price to Earnings Ratio
35.3x
Current Industry PE
- Investors are pessimistic on the Chinese Oil and Gas Equipment and Services 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 20.9x which is lower than its 3-year average PE of 30.4x.
- The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 9.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Oil and Gas Services compare with similar industries?
| CN Market | -4.85% | |
| Energy | 2.87% | |
| Energy Services | -1.07% | |
| Oil and Gas Services | -1.18% | |
| Oil and Gas Drilling | 11.55% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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¥4.20 | 12.9% +CN¥4.9b | 16.3% | PE15.7x | |
| 2353 Yantai Jereh Oilfield Services Group | CN¥33.19 | 5.5% +CN¥1.8b | 15.6% | PE13.8x | |
| 2423 COFCO Capital Holdings | CN¥8.20 | 9.0% +CN¥1.6b | 10.2% | PE18.5x | |
| 600339 China Petroleum Engineering | CN¥3.49 | 4.2% +CN¥781.6m | -22.3% | PE26.1x | |
| 600583 Offshore Oil EngineeringLtd | CN¥6.64 | 2.6% +CN¥751.6m | -1.3% | PE18.1x |
