Has the Chinese Oil and Gas Industry valuation changed over the past few years?
|Thu, 02 Dec 2021||CN¥663.4b||CN¥642.0b||CN¥58.6b||13.9x|
|Sat, 30 Oct 2021||CN¥743.4b||CN¥647.0b||CN¥57.0b||16.4x|
|Mon, 27 Sep 2021||CN¥883.2b||CN¥591.9b||CN¥51.2b||18.4x|
|Wed, 25 Aug 2021||CN¥743.7b||CN¥591.6b||CN¥51.2b||16x|
|Thu, 01 Jul 2021||CN¥633.5b||CN¥591.6b||CN¥51.2b||13.9x|
|Sun, 04 Apr 2021||CN¥547.7b||CN¥537.7b||CN¥42.1b||15.7x|
|Wed, 06 Jan 2021||CN¥549.5b||CN¥501.8b||CN¥37.3b||18.1x|
|Sat, 10 Oct 2020||CN¥466.6b||CN¥497.8b||CN¥35.0b||16.7x|
|Fri, 03 Jul 2020||CN¥425.5b||CN¥503.5b||CN¥33.9b||12.4x|
|Mon, 06 Apr 2020||CN¥441.5b||CN¥516.5b||CN¥31.4b||11.1x|
|Thu, 09 Jan 2020||CN¥525.4b||CN¥529.9b||CN¥31.9b||16.3x|
|Wed, 02 Oct 2019||CN¥488.3b||CN¥529.3b||CN¥34.9b||14.3x|
|Sat, 06 Jul 2019||CN¥526.2b||CN¥528.9b||CN¥33.8b||17.8x|
|Tue, 09 Apr 2019||CN¥561.7b||CN¥527.3b||CN¥33.9b||20.1x|
|Mon, 31 Dec 2018||CN¥432.7b||CN¥510.7b||CN¥34.9b||14.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Oil and Gas industry have grown 15% per year over the last three years, and revenues for these companies have grown 9.8% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Chinese Oil and Gas industry?
|Oil and Gas Refining and Marketing||-0.29%|
|Oil and Gas Storage and Transportation||-1.72%|
|Coal and Fuels||-3.65%|
|Oil and Gas Exploration and Production||-3.93%|
|Integrated Oil and Gas||-6.42%|
Industry PE: Investors are most optimistic about the Oil and Gas Exploration and Production industry even though it's trading below its 3-year average PE ratio of 53.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Coal and Fuels industry, which is trading below its 3-year average of 10.9x.
Forecasted Growth: Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 36% over the next 5 years. This is better than it's past earnings growth rate of 1.7% per year. Meanwhile, the Coal and Fuels industry is expected to see its earnings grow by 5.8% per year over the next few years.
Which companies have driven the market over the last 7 days?
|968 Shanxi Blue Flame Holding||17.2%+CN¥1.7b||44.5%||PE91x|
|600856 Zhongxing Tianheng Energy Technology (Beijing)Ltd||27.5%+CN¥1.1b||145.2%||PS6.4x|
|600157 Wintime EnergyLtd||2.8%+CN¥1.1b||30.3%||PE8.2x|
|603113 Jinneng Science & Technology||7.5%+CN¥979.9m||7.0%||PE10.2x|
|2221 Oriental Energy||3.9%+CN¥793.8m||16.7%||PE18.7x|
Beijing Haohua Energy Resource
Shan Xi Huayang Group New EnergyLtd
Shanxi Blue Flame Holding
Pingdingshan Tianan Coal. Mining
Jinneng Holding Shanxi Coal Industryltd
Shanxi Coking Coal Energy Group Ltd
Shaanxi Coal Industry
China Merchants Energy Shipping
Jinneng Science & Technology
Jiangxi Jovo Energy