Calculating The Intrinsic Value Of Longyan Zhuoyue New Energy Co., Ltd. (SHSE:688196)
Apr 18
Chinese (SSE) Oil and Gas Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies46
- 7D4.1%
- 3M14.8%
- 1Y13.4%
- YTD14.2%
Over the last 7 days, the Oil and Gas industry has risen 4.1%, driven by gains from Shaanxi Coal Industry of 5.4%. In the last 12 months, the industry was up 13%. As for the next few years, earnings are expected to grow by 9.7% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | CN¥1.0t | CN¥832.0b | CN¥93.1b | 12.8x | 11.2x | 1.2x |
| Sun, 17 Mar 2024 | CN¥966.7b | CN¥837.8b | CN¥99.9b | 12.3x | 9.7x | 1.2x |
| Tue, 13 Feb 2024 | CN¥923.3b | CN¥836.6b | CN¥99.9b | 11.4x | 9.2x | 1.1x |
| Thu, 11 Jan 2024 | CN¥925.1b | CN¥837.2b | CN¥100.0b | 11.6x | 9.3x | 1.1x |
| Sat, 09 Dec 2023 | CN¥857.6b | CN¥837.2b | CN¥100.0b | 11.4x | 8.6x | 1x |
| Mon, 06 Nov 2023 | CN¥818.0b | CN¥835.8b | CN¥99.9b | 10.8x | 8.2x | 1x |
| Wed, 04 Oct 2023 | CN¥844.9b | CN¥875.7b | CN¥108.5b | 9.7x | 7.8x | 1x |
| Fri, 01 Sep 2023 | CN¥774.7b | CN¥876.8b | CN¥110.8b | 9.2x | 7x | 0.9x |
| Sun, 30 Jul 2023 | CN¥801.3b | CN¥908.0b | CN¥136.3b | 8.8x | 5.9x | 0.9x |
| Tue, 27 Jun 2023 | CN¥780.5b | CN¥907.7b | CN¥135.3b | 8.1x | 5.8x | 0.9x |
| Thu, 25 May 2023 | CN¥858.5b | CN¥908.0b | CN¥135.5b | 8.5x | 6.3x | 0.9x |
| Sat, 22 Apr 2023 | CN¥883.4b | CN¥900.5b | CN¥131.2b | 10.5x | 6.7x | 1x |
| Mon, 20 Mar 2023 | CN¥833.5b | CN¥868.2b | CN¥127.2b | 8.4x | 6.6x | 1x |
| Wed, 15 Feb 2023 | CN¥858.3b | CN¥868.1b | CN¥123.4b | 8.8x | 7x | 1x |
| Fri, 13 Jan 2023 | CN¥817.7b | CN¥868.2b | CN¥123.4b | 8.3x | 6.6x | 0.9x |
| Sun, 11 Dec 2022 | CN¥845.8b | CN¥868.6b | CN¥123.6b | 9x | 6.8x | 1x |
| Tue, 08 Nov 2022 | CN¥889.8b | CN¥868.3b | CN¥123.6b | 8.4x | 7.2x | 1x |
| Thu, 06 Oct 2022 | CN¥920.3b | CN¥837.7b | CN¥117.0b | 9.3x | 7.9x | 1.1x |
| Sat, 03 Sep 2022 | CN¥930.6b | CN¥848.7b | CN¥116.2b | 10x | 8x | 1.1x |
| Mon, 01 Aug 2022 | CN¥840.7b | CN¥792.5b | CN¥88.1b | 12.8x | 9.5x | 1.1x |
| Wed, 29 Jun 2022 | CN¥898.1b | CN¥789.0b | CN¥87.9b | 12.6x | 10.2x | 1.1x |
| Fri, 27 May 2022 | CN¥833.6b | CN¥789.0b | CN¥88.0b | 12.8x | 9.5x | 1.1x |
| Sun, 24 Apr 2022 | CN¥785.2b | CN¥743.6b | CN¥72.3b | 15x | 10.9x | 1.1x |
| Tue, 22 Mar 2022 | CN¥777.7b | CN¥720.5b | CN¥66.1b | 13.8x | 11.8x | 1.1x |
| Thu, 17 Feb 2022 | CN¥736.3b | CN¥676.0b | CN¥60.1b | 15.9x | 12.3x | 1.1x |
| Sat, 15 Jan 2022 | CN¥703.1b | CN¥672.1b | CN¥59.1b | 15.6x | 11.9x | 1x |
| Mon, 13 Dec 2021 | CN¥696.5b | CN¥642.0b | CN¥58.6b | 14.4x | 11.9x | 1.1x |
| Wed, 10 Nov 2021 | CN¥669.2b | CN¥642.0b | CN¥58.6b | 14.2x | 11.4x | 1x |
| Fri, 08 Oct 2021 | CN¥884.6b | CN¥591.9b | CN¥51.2b | 18.5x | 17.3x | 1.5x |
| Sun, 05 Sep 2021 | CN¥823.1b | CN¥591.6b | CN¥51.2b | 17.9x | 16.1x | 1.4x |
| Tue, 03 Aug 2021 | CN¥625.7b | CN¥591.6b | CN¥51.2b | 13.4x | 12.2x | 1.1x |
| Fri, 07 May 2021 | CN¥571.7b | CN¥537.7b | CN¥42.1b | 14.7x | 13.6x | 1.1x |
Price to Earnings Ratio
13.6x
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 11.2x which is higher than its 3-year average PE of 9.7x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 16% 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 | -0.20% | |
| Energy | 3.88% | |
| Oil and Gas | 4.06% | |
| Coal and Fuels | 4.91% | |
| Integrated Oil and Gas | 4.21% | |
| Oil and Gas Storage and Transportation | 2.67% | |
| Oil and Gas Exploration and Production | -1.71% | |
| Oil and Gas Refining and Marketing | -7.73% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 37.8x.
- Analysts are expecting annual earnings growth of 67.2%, which is higher than its past year's earnings decline of 38.2% per year.
- Investors are most pessimistic about the Integrated Oil and Gas industry, which is trading below its 3-year average of 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 67% over the next 5 years.
- This is better than its past earnings decline of 38% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 6.7% 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 | |
|---|---|---|---|---|---|
| 601225 Shaanxi Coal Industry | CN¥26.97 | 3.8% +CN¥9.5b | 34.3% | PE11.8x | |
| 601699 Shanxi Lu'an Environmental Energy Development | CN¥23.99 | 8.4% +CN¥5.5b | 19.6% | PE9.1x | |
| 601872 China Merchants Energy Shipping | CN¥8.60 | 7.9% +CN¥5.1b | 19.9% | PE14.5x | |
| 2128 Inner Mongolia Dian Tou Energy | CN¥19.88 | 7.8% +CN¥3.2b | 44.2% | PE10.3x | |
| 601666 Pingdingshan Tianan Coal. Mining | CN¥14.77 | 6.4% +CN¥2.2b | 42.6% | PE9.1x |
