Chinese (SSE) Oil and Gas Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies46
- 7D-1.0%
- 3M4.8%
- 1Y-15.6%
- YTD-2.6%
Last week, the Oil and Gas industry hasn't moved much but China Merchants Energy Shipping is up 8.8% in that time. Unfortunately though, the industry is down 16% over the past 12 months. Earnings are forecast to grow by 8.5% annually.
Industry Valuation and Performance
Has the Chinese Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | CN¥844.8b | CN¥875.6b | CN¥108.5b | 9.8x | 7.8x | 1x |
| Fri, 25 Aug 2023 | CN¥770.5b | CN¥891.2b | CN¥130.4b | 8.4x | 5.9x | 0.9x |
| Sun, 23 Jul 2023 | CN¥787.3b | CN¥907.8b | CN¥136.2b | 8.8x | 5.8x | 0.9x |
| Tue, 20 Jun 2023 | CN¥813.1b | CN¥907.7b | CN¥135.3b | 8.7x | 6x | 0.9x |
| Thu, 18 May 2023 | CN¥888.7b | CN¥908.1b | CN¥135.5b | 8.9x | 6.6x | 1x |
| Sat, 15 Apr 2023 | CN¥875.1b | CN¥910.2b | CN¥131.5b | 11.2x | 6.7x | 1x |
| Mon, 13 Mar 2023 | CN¥870.2b | CN¥872.0b | CN¥122.6b | 8.4x | 7.1x | 1x |
| Wed, 08 Feb 2023 | CN¥857.3b | CN¥868.1b | CN¥123.4b | 8.7x | 6.9x | 1x |
| Fri, 06 Jan 2023 | CN¥774.7b | CN¥868.7b | CN¥123.6b | 8.3x | 6.3x | 0.9x |
| Sun, 04 Dec 2022 | CN¥847.6b | CN¥868.5b | CN¥123.6b | 8.9x | 6.9x | 1x |
| Tue, 01 Nov 2022 | CN¥823.7b | CN¥869.2b | CN¥123.6b | 8x | 6.7x | 0.9x |
| Thu, 29 Sep 2022 | CN¥911.4b | CN¥837.6b | CN¥117.0b | 9.5x | 7.8x | 1.1x |
| Sat, 27 Aug 2022 | CN¥977.6b | CN¥825.6b | CN¥98.0b | 12.9x | 10x | 1.2x |
| Mon, 25 Jul 2022 | CN¥816.7b | CN¥792.5b | CN¥88.1b | 12.5x | 9.3x | 1x |
| Wed, 22 Jun 2022 | CN¥840.4b | CN¥789.0b | CN¥87.9b | 13x | 9.6x | 1.1x |
| Fri, 20 May 2022 | CN¥773.9b | CN¥788.9b | CN¥88.2b | 12.7x | 8.8x | 1x |
| Sun, 17 Apr 2022 | CN¥822.0b | CN¥742.0b | CN¥71.7b | 14.8x | 11.5x | 1.1x |
| Tue, 15 Mar 2022 | CN¥761.1b | CN¥718.7b | CN¥65.3b | 13.5x | 11.7x | 1.1x |
| Thu, 10 Feb 2022 | CN¥731.6b | CN¥673.8b | CN¥59.3b | 15.2x | 12.3x | 1.1x |
| Sat, 08 Jan 2022 | CN¥693.5b | CN¥642.0b | CN¥58.6b | 15.4x | 11.8x | 1.1x |
| Mon, 06 Dec 2021 | CN¥703.0b | CN¥642.0b | CN¥58.6b | 14.5x | 12x | 1.1x |
| Wed, 03 Nov 2021 | CN¥698.0b | CN¥641.4b | CN¥58.6b | 16.4x | 11.9x | 1.1x |
| Fri, 01 Oct 2021 | CN¥884.5b | CN¥591.9b | CN¥51.2b | 18.5x | 17.3x | 1.5x |
| Sun, 29 Aug 2021 | CN¥766.4b | CN¥591.6b | CN¥51.2b | 16.6x | 15x | 1.3x |
| Mon, 05 Jul 2021 | CN¥633.5b | CN¥591.6b | CN¥51.2b | 13.9x | 12.4x | 1.1x |
| Thu, 08 Apr 2021 | CN¥547.7b | CN¥537.7b | CN¥42.1b | 15.7x | 13x | 1x |
| Sun, 10 Jan 2021 | CN¥549.5b | CN¥501.8b | CN¥37.3b | 18.1x | 14.7x | 1.1x |
| Sat, 03 Oct 2020 | CN¥466.6b | CN¥497.8b | CN¥35.0b | 16.7x | 13.3x | 0.9x |
Price to Earnings Ratio
13.3x
Current Industry PE
- Investors are pessimistic on the Chinese Oil and Gas 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 7.8x which is lower than its 3-year average PE of 10.6x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -0.59% | |
| Energy | -1.23% | |
| Oil and Gas | -0.98% | |
| Oil and Gas Storage and Transportation | 2.75% | |
| Integrated Oil and Gas | 1.10% | |
| Oil and Gas Refining and Marketing | -1.25% | |
| Coal and Fuels | -1.86% | |
| Oil and Gas Exploration and Production | -4.30% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry, which is trading close to its 3-year average PE ratio of 36.7x.
- Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings decline of 32.8% per year.
- Investors are most pessimistic about the Integrated Oil and Gas industry, which is trading below its 3-year average of 17.4x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 33% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 4.7% 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 | |
|---|---|---|---|---|---|
| 601872 China Merchants Energy Shipping | CN¥6.55 | 6.2% +CN¥3.1b | -12.8% | PE10.7x | |
| 937 Jizhong Energy Resources | CN¥6.69 | -0.6% CN¥1.1b | 0.8% | PE6.8x | |
| 601975 Nanjing Tanker | CN¥3.32 | 1.5% +CN¥242.6m | -40.2% | PE8.7x | |
| 605090 Jiangxi Jovo Energy | CN¥23.53 | 1.2% +CN¥167.1m | -10.9% | PE12.5x | |
| 900948 Inner Mongolia Yitai CoalLtd | US$1.39 | 0.4% +US$16.3m | -6.0% | PE3.8x |