Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Sat, 15 Apr 2023CN„875.1bCN„910.2bCN„131.5b11.2x6.7x1x
Mon, 13 Mar 2023CN„870.2bCN„872.0bCN„122.6b8.4x7.1x1x
Wed, 08 Feb 2023CN„857.3bCN„868.1bCN„123.4b8.7x6.9x1x
Fri, 06 Jan 2023CN„774.7bCN„868.7bCN„123.6b8.3x6.3x0.9x
Sun, 04 Dec 2022CN„847.6bCN„868.5bCN„123.6b8.9x6.9x1x
Tue, 01 Nov 2022CN„823.7bCN„869.2bCN„123.6b8x6.7x0.9x
Thu, 29 Sep 2022CN„911.4bCN„837.6bCN„117.0b9.5x7.8x1.1x
Sat, 27 Aug 2022CN„977.6bCN„825.6bCN„98.0b12.9x10x1.2x
Mon, 25 Jul 2022CN„816.7bCN„792.5bCN„88.1b12.5x9.3x1x
Wed, 22 Jun 2022CN„840.4bCN„789.0bCN„87.9b13x9.6x1.1x
Fri, 20 May 2022CN„773.9bCN„788.9bCN„88.2b12.7x8.8x1x
Sun, 17 Apr 2022CN„822.0bCN„742.0bCN„71.7b14.8x11.5x1.1x
Tue, 15 Mar 2022CN„761.1bCN„718.7bCN„65.3b13.5x11.7x1.1x
Thu, 10 Feb 2022CN„731.6bCN„673.8bCN„59.3b15.2x12.3x1.1x
Sat, 08 Jan 2022CN„693.5bCN„642.0bCN„58.6b15.4x11.8x1.1x
Mon, 06 Dec 2021CN„703.0bCN„642.0bCN„58.6b14.5x12x1.1x
Wed, 03 Nov 2021CN„698.0bCN„641.4bCN„58.6b16.4x11.9x1.1x
Fri, 01 Oct 2021CN„884.5bCN„591.9bCN„51.2b18.5x17.3x1.5x
Sun, 29 Aug 2021CN„766.4bCN„591.6bCN„51.2b16.6x15x1.3x
Mon, 05 Jul 2021CN„633.5bCN„591.6bCN„51.2b13.9x12.4x1.1x
Thu, 08 Apr 2021CN„547.7bCN„537.7bCN„42.1b15.7x13x1x
Sun, 10 Jan 2021CN„549.5bCN„501.8bCN„37.3b18.1x14.7x1.1x
Sat, 03 Oct 2020CN„466.6bCN„497.8bCN„35.0b16.7x13.3x0.9x
Price to Earnings Ratio

13.3x


Total Market Cap: CN„466.6bTotal Earnings: CN„35.0bTotal Revenue: CN„497.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Oil and Gas Industry Price to Earnings3Y Average 10.6x202120222023
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 Transportation2.75%
Integrated Oil and Gas1.10%
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?

CompanyLast Price7D1YValuation
601872 China Merchants Energy ShippingCN„6.556.2%
+CN„3.1b
-12.8%PE10.7x
937 Jizhong Energy ResourcesCN„6.69-0.6%
CN„1.1b
0.8%PE6.8x
601975 Nanjing TankerCN„3.321.5%
+CN„242.6m
-40.2%PE8.7x
605090 Jiangxi Jovo EnergyCN„23.531.2%
+CN„167.1m
-10.9%PE12.5x
900948 Inner Mongolia Yitai CoalLtdUS$1.390.4%
+US$16.3m
-6.0%PE3.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

937

CN„6.69

Jizhong Energy Resources

7D

-0.6%

1Y

0.8%

601225

CN„18.39

Shaanxi Coal Industry

7D

-2.9%

1Y

-18.2%

900948

US$1.39

Inner Mongolia Yitai CoalLtd

7D

0.4%

1Y

-6.0%

601872

CN„6.55

China Merchants Energy Shipping

7D

6.2%

1Y

-12.8%

605169

CN„10.74

Xinjiang Hongtong Natural Gas

7D

1.6%

1Y

-13.9%

601001

CN„11.10

Jinneng Holding Shanxi Coal Industryltd

7D

-3.6%

1Y

-36.4%

603003

CN„8.34

Shanghai Lonyer Data

7D

2.2%

1Y

25.2%

600348

CN„8.37

Shan Xi Huayang Group New EnergyLtd

7D

-3.5%

1Y

-32.3%

600395

CN„6.08

Guizhou Panjiang Refined CoalLtd

7D

-9.9%

1Y

-26.4%

159

CN„6.60

Xinjiang International IndustryLtd

7D

2.5%

1Y

-15.4%

600759

CN„2.51

Geo-Jade Petroleum

7D

-11.6%

1Y

12.1%

601975

CN„3.32

Nanjing Tanker

7D

1.5%

1Y

-40.2%

605090

CN„23.53

Jiangxi Jovo Energy

7D

1.2%

1Y

-10.9%

983

CN„9.90

Shanxi Coking Coal Energy Group

7D

-1.5%

1Y

-29.5%

600123

CN„9.41

Shanxi Lanhua Sci-Tech VentureLtd

7D

-3.7%

1Y

-16.3%