China Coal Xinji EnergyLtd (SHSE:601918) May Have Issues Allocating Its Capital
Dec 20
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Chinese (SSE) Oil and Gas Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies45
- 7D-3.3%
- 3M7.9%
- 1Y-1.2%
- YTD-3.7%
Over the last 7 days, the Oil and Gas industry has dropped 3.3%, driven by a pullback from Shaanxi Coal Industry of 3.9%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | CN¥868.3b | CN¥757.7b | CN¥68.3b | 12.7x | 12.7x | 1.1x |
| Tue, 19 Nov 2024 | CN¥898.7b | CN¥757.7b | CN¥68.3b | 13.2x | 13.1x | 1.2x |
| Thu, 17 Oct 2024 | CN¥896.0b | CN¥762.3b | CN¥72.8b | 12.5x | 12.3x | 1.2x |
| Sat, 14 Sep 2024 | CN¥772.5b | CN¥761.0b | CN¥72.8b | 11.1x | 10.6x | 1x |
| Mon, 12 Aug 2024 | CN¥840.9b | CN¥776.4b | CN¥76.6b | 12.4x | 11x | 1.1x |
| Wed, 10 Jul 2024 | CN¥951.8b | CN¥776.7b | CN¥76.8b | 13.6x | 12.4x | 1.2x |
| Fri, 07 Jun 2024 | CN¥1.0t | CN¥776.7b | CN¥76.8b | 13.9x | 13.2x | 1.3x |
| Sun, 05 May 2024 | CN¥972.5b | CN¥777.7b | CN¥77.1b | 12.9x | 12.6x | 1.3x |
| Tue, 02 Apr 2024 | CN¥957.9b | CN¥832.6b | CN¥94.8b | 13.1x | 10.1x | 1.2x |
| Thu, 29 Feb 2024 | CN¥976.0b | CN¥836.1b | CN¥99.8b | 11.7x | 9.8x | 1.2x |
| Sat, 27 Jan 2024 | CN¥942.9b | CN¥837.3b | CN¥100.3b | 11.7x | 9.4x | 1.1x |
| Mon, 25 Dec 2023 | CN¥884.6b | CN¥837.2b | CN¥100.0b | 11.3x | 8.8x | 1.1x |
| Wed, 22 Nov 2023 | CN¥836.3b | CN¥837.2b | CN¥100.0b | 11.2x | 8.4x | 1x |
| Fri, 20 Oct 2023 | CN¥829.6b | CN¥870.3b | CN¥108.1b | 9.7x | 7.7x | 1x |
| Sun, 17 Sep 2023 | CN¥842.0b | CN¥875.7b | CN¥108.5b | 9.6x | 7.8x | 1x |
| Tue, 15 Aug 2023 | CN¥780.1b | CN¥902.7b | CN¥134.1b | 9.5x | 5.8x | 0.9x |
| Thu, 13 Jul 2023 | CN¥793.6b | CN¥907.8b | CN¥136.2b | 8.4x | 5.8x | 0.9x |
| Sat, 10 Jun 2023 | CN¥813.8b | CN¥907.8b | CN¥135.3b | 8.6x | 6x | 0.9x |
| Mon, 08 May 2023 | CN¥871.7b | CN¥908.8b | CN¥135.8b | 9.3x | 6.4x | 1x |
| Wed, 05 Apr 2023 | CN¥894.0b | CN¥868.2b | CN¥126.4b | 8.5x | 7.1x | 1x |
| Fri, 03 Mar 2023 | CN¥904.2b | CN¥867.6b | CN¥122.5b | 8.7x | 7.4x | 1x |
| Sun, 29 Jan 2023 | CN¥862.3b | CN¥868.1b | CN¥123.4b | 8.6x | 7x | 1x |
| Tue, 27 Dec 2022 | CN¥773.3b | CN¥868.6b | CN¥123.6b | 8.3x | 6.3x | 0.9x |
| Thu, 24 Nov 2022 | CN¥842.4b | CN¥868.4b | CN¥123.6b | 8.6x | 6.8x | 1x |
| Sat, 22 Oct 2022 | CN¥897.2b | CN¥849.3b | CN¥120.6b | 9.1x | 7.4x | 1.1x |
| Mon, 19 Sep 2022 | CN¥912.8b | CN¥838.1b | CN¥117.1b | 9.5x | 7.8x | 1.1x |
| Wed, 17 Aug 2022 | CN¥905.5b | CN¥797.0b | CN¥90.3b | 14x | 10x | 1.1x |
| Fri, 15 Jul 2022 | CN¥823.2b | CN¥788.9b | CN¥87.9b | 12.8x | 9.4x | 1x |
| Sun, 12 Jun 2022 | CN¥946.4b | CN¥788.9b | CN¥87.9b | 14.9x | 10.8x | 1.2x |
| Tue, 10 May 2022 | CN¥749.5b | CN¥788.4b | CN¥87.8b | 11.8x | 8.5x | 1x |
| Thu, 07 Apr 2022 | CN¥767.3b | CN¥717.8b | CN¥67.7b | 15.2x | 11.3x | 1.1x |
| Sat, 05 Mar 2022 | CN¥822.4b | CN¥681.5b | CN¥64.4b | 15.6x | 12.8x | 1.2x |
| Mon, 31 Jan 2022 | CN¥673.9b | CN¥673.4b | CN¥59.3b | 14.5x | 11.4x | 1x |
| Wed, 29 Dec 2021 | CN¥694.0b | CN¥642.0b | CN¥58.6b | 15x | 11.8x | 1.1x |
Price to Earnings Ratio
11.8x
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 12.7x which is higher than its 3-year average PE of 9.4x.
- 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 5.2% per year over the last three years.
- Revenues for these companies have grown 5.7% 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 | -1.18% | |
| Energy | -3.30% | |
| Oil and Gas | -3.35% | |
| Oil and Gas Storage and Transportation | -1.26% | |
| Integrated Oil and Gas | -2.80% | |
| Oil and Gas Exploration and Production | -3.09% | |
| Coal and Fuels | -3.70% | |
| Oil and Gas Refining and Marketing | -7.81% | |
Industry PE
- Investors are most optimistic about the Integrated Oil and Gas industry which is trading above its 3-year average PE ratio of 10.6x.
- Analysts are expecting annual earnings growth of 32.2%, which is higher than its past year's earnings growth of 7.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 72% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 605090 Jiangxi Jovo Energy | CN¥27.61 | 0.7% +CN¥124.9m | -2.9% | PE10.1x | |
| 000096 Shenzhen Guangju Energy | CN¥12.72 | 1.6% +CN¥105.6m | 16.4% | PE70.8x | |
| 603223 Hengtong Logistics | CN¥10.34 | 0.8% +CN¥56.5m | 6.2% | PE61.9x |
