Header cover image

Chinese (SSE) Oil and Gas Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies44
  • 7D-2.6%
  • 3M14.1%
  • 1Y40.2%
  • YTD24.3%

Over the last 7 days, the Oil and Gas industry has dropped 2.6%, driven by Shaanxi Coal Industry declining 8.8%. In contrast, China Merchants Energy Shipping has gained 11%. This takes the industry's 12 month performance to a gain of 40%. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Chinese Oil and Gas Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 May 2026CN¥1.1tCN¥667.3bCN¥44.9b27.7x24.3x1.6x
Wed, 08 Apr 2026CN¥1.1tCN¥688.9bCN¥46.6b26.3x23.6x1.6x
Fri, 06 Mar 2026CN¥1.1tCN¥695.2bCN¥47.4b28x23.8x1.6x
Sun, 01 Feb 2026CN¥969.8bCN¥695.1bCN¥47.4b25.5x20.5x1.4x
Tue, 30 Dec 2025CN¥881.1bCN¥695.3bCN¥47.3b22.5x18.6x1.3x
Thu, 27 Nov 2025CN¥881.0bCN¥695.2bCN¥47.3b22.5x18.6x1.3x
Sat, 25 Oct 2025CN¥904.0bCN¥712.1bCN¥52.2b20.3x17.3x1.3x
Mon, 22 Sep 2025CN¥851.1bCN¥714.4bCN¥52.5b19.7x16.2x1.2x
Wed, 20 Aug 2025CN¥825.7bCN¥740.1bCN¥61.0b14.8x13.5x1.1x
Fri, 18 Jul 2025CN¥783.8bCN¥742.2bCN¥61.3b14.9x12.8x1.1x
Sun, 15 Jun 2025CN¥788.2bCN¥745.1bCN¥61.0b14.3x12.9x1.1x
Tue, 13 May 2025CN¥773.5bCN¥746.1bCN¥61.5b14x12.6x1x
Thu, 10 Apr 2025CN¥756.3bCN¥753.3bCN¥69.5b10.5x10.9x1x
Sat, 08 Mar 2025CN¥776.3bCN¥758.5bCN¥68.8b11.4x11.3x1x
Mon, 03 Feb 2025CN¥825.7bCN¥758.2bCN¥68.7b12.1x12x1.1x
Wed, 01 Jan 2025CN¥862.8bCN¥757.7bCN¥68.3b12.5x12.6x1.1x
Fri, 29 Nov 2024CN¥878.8bCN¥757.7bCN¥68.3b12.5x12.9x1.2x
Sun, 27 Oct 2024CN¥912.9bCN¥762.6bCN¥72.0b12.2x12.7x1.2x
Tue, 24 Sep 2024CN¥801.8bCN¥762.3bCN¥72.8b11.4x11x1.1x
Thu, 22 Aug 2024CN¥834.1bCN¥775.0bCN¥76.2b12.2x10.9x1.1x
Sat, 20 Jul 2024CN¥881.9bCN¥776.7bCN¥76.8b12.8x11.5x1.1x
Mon, 17 Jun 2024CN¥1.0tCN¥776.7bCN¥76.8b14x13.3x1.3x
Wed, 15 May 2024CN¥995.2bCN¥776.9bCN¥76.5b14.2x13x1.3x
Fri, 12 Apr 2024CN¥1.0tCN¥835.6bCN¥93.8b12.9x10.8x1.2x
Sun, 10 Mar 2024CN¥1.0tCN¥837.7bCN¥99.8b12.3x10.4x1.2x
Tue, 06 Feb 2024CN¥887.9bCN¥837.4bCN¥100.3b10.6x8.9x1.1x
Thu, 04 Jan 2024CN¥923.7bCN¥837.2bCN¥100.0b11.7x9.2x1.1x
Sat, 02 Dec 2023CN¥874.5bCN¥837.2bCN¥100.0b11.6x8.7x1x
Mon, 30 Oct 2023CN¥819.9bCN¥863.3bCN¥100.5b10.3x8.2x0.9x
Wed, 27 Sep 2023CN¥844.8bCN¥875.6bCN¥108.5b9.8x7.8x1x
Fri, 25 Aug 2023CN¥770.5bCN¥891.2bCN¥130.4b8.4x5.9x0.9x
Sun, 23 Jul 2023CN¥787.3bCN¥907.8bCN¥136.2b8.8x5.8x0.9x
Tue, 20 Jun 2023CN¥813.1bCN¥907.7bCN¥135.3b8.7x6x0.9x
Thu, 18 May 2023CN¥888.7bCN¥908.1bCN¥135.5b8.9x6.6x1x
Price to Earnings Ratio

6.6x


Total Market Cap: CN¥888.7bTotal Earnings: CN¥135.5bTotal Revenue: CN¥908.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Oil and Gas Industry Price to Earnings3Y Average 12.7x202420252026
Current Industry PE
  • Investors are optimistic on the Chinese Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.3x which is higher than its 3-year average PE of 12.7x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have declined 31% per year over the last three years,
  • Revenues have also declined 9.8% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Chinese Energy industry?

CN Market3.17%
Energy-1.84%
Oil and Gas-2.56%
Oil and Gas Storage and Transportation6.31%
Oil and Gas Refining and Marketing0.13%
Coal and Fuels-4.82%
Oil and Gas Exploration and Production-7.38%
Integrated Oil and Gas-8.12%
Industry PE
  • Investors are most optimistic about the Integrated Oil and Gas industry which is trading above its 3-year average PE ratio of 16.2x.
    • 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 Storage and Transportation industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.4x.
Forecasted Growth
  • Analysts are most optimistic on the Coal and Fuels industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 35% per year.
  • In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings grow by 15% 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
601872 China Merchants Energy ShippingCN¥19.4910.7%
+CN¥15.3b
224.3%PE19.9x
601975 Nanjing TankerCN¥5.0011.6%
+CN¥2.4b
84.5%PE16x
600397 Jiangxi Tungsten Rare And Precious EquipmentCN¥15.367.0%
+CN¥999.9m
199.4%PS8.7x
000937 Jizhong Energy ResourcesCN¥5.813.4%
+CN¥671.4m
-12.1%PE50.7x
900948 Inner Mongolia Yitai CoalLtdUS$2.691.1%
+US$82.0m
30.6%PE10.4x

Latest News