Returns On Capital Are Showing Encouraging Signs At China Merchants Energy Shipping (SHSE:601872)
Apr 15
Chinese (SSE) Oil and Gas Storage and Transportation Industry Analysis
UpdatedApr 18, 2024
DataAggregated Company Financials
Companies11
- 7D2.7%
- 3M15.8%
- 1Y6.5%
- YTDn/a
The Oil and Gas Storage and Transportation industry is up 3.4% in the last week, with China Merchants Energy Shipping up 8.0%. During this same period, the HY Energy GroupLtd underperformed, falling 14%. This takes the industry's 12 month performance to a gain of 5.9%. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Chinese Oil and Gas Storage and Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Apr 2024 | CN¥167.9b | CN¥155.5b | CN¥10.1b | 14.7x | 16.7x | 1.1x |
| Sat, 16 Mar 2024 | CN¥155.3b | CN¥154.3b | CN¥10.3b | 23.4x | 15x | 1x |
| Mon, 12 Feb 2024 | CN¥144.4b | CN¥152.7b | CN¥10.4b | 22.3x | 13.9x | 0.9x |
| Wed, 10 Jan 2024 | CN¥144.1b | CN¥152.7b | CN¥10.4b | 23.9x | 13.9x | 0.9x |
| Fri, 08 Dec 2023 | CN¥141.8b | CN¥152.7b | CN¥10.4b | 25.1x | 13.7x | 0.9x |
| Sun, 05 Nov 2023 | CN¥145.9b | CN¥151.7b | CN¥10.4b | 24.6x | 14.1x | 1x |
| Tue, 03 Oct 2023 | CN¥147.4b | CN¥159.6b | CN¥10.4b | 12.7x | 14.1x | 0.9x |
| Thu, 31 Aug 2023 | CN¥144.6b | CN¥161.1b | CN¥10.1b | 13.4x | 14.4x | 0.9x |
| Sat, 29 Jul 2023 | CN¥148.3b | CN¥164.9b | CN¥9.8b | 14x | 15.2x | 0.9x |
| Mon, 26 Jun 2023 | CN¥139.2b | CN¥164.7b | CN¥9.7b | 13.8x | 14.3x | 0.8x |
| Wed, 24 May 2023 | CN¥142.8b | CN¥164.7b | CN¥9.7b | 14.3x | 14.7x | 0.9x |
| Fri, 21 Apr 2023 | CN¥156.2b | CN¥166.7b | CN¥9.3b | 15.2x | 16.9x | 0.9x |
| Sun, 19 Mar 2023 | CN¥158.9b | CN¥163.3b | CN¥7.7b | 22.5x | 20.5x | 1x |
| Tue, 14 Feb 2023 | CN¥161.7b | CN¥166.4b | CN¥7.6b | 25x | 21.2x | 1x |
| Thu, 12 Jan 2023 | CN¥145.6b | CN¥166.4b | CN¥7.6b | 23.6x | 19.1x | 0.9x |
| Sat, 10 Dec 2022 | CN¥150.1b | CN¥166.4b | CN¥7.6b | 25.7x | 19.7x | 0.9x |
| Mon, 07 Nov 2022 | CN¥170.5b | CN¥166.4b | CN¥7.6b | 27.4x | 22.4x | 1x |
| Wed, 05 Oct 2022 | CN¥159.0b | CN¥157.2b | CN¥6.8b | 30.4x | 23.3x | 1x |
| Fri, 02 Sep 2022 | CN¥155.7b | CN¥153.5b | CN¥6.1b | 29.5x | 25.5x | 1x |
| Sun, 31 Jul 2022 | CN¥150.3b | CN¥146.4b | CN¥6.5b | 34.6x | 23.1x | 1x |
| Tue, 28 Jun 2022 | CN¥145.5b | CN¥145.9b | CN¥6.3b | 51.6x | 23.1x | 1x |
| Thu, 26 May 2022 | CN¥142.4b | CN¥145.9b | CN¥6.3b | 42.8x | 22.6x | 1x |
| Sat, 23 Apr 2022 | CN¥127.1b | CN¥143.3b | CN¥6.5b | 25.1x | 19.6x | 0.9x |
| Mon, 21 Mar 2022 | CN¥95.6b | CN¥89.4b | CN¥3.0b | 33.7x | 31.9x | 1.1x |
| Wed, 16 Feb 2022 | CN¥105.6b | CN¥89.4b | CN¥3.0b | 36x | 35.2x | 1.2x |
| Fri, 14 Jan 2022 | CN¥110.6b | CN¥89.4b | CN¥3.0b | 37.1x | 36.9x | 1.2x |
| Sun, 12 Dec 2021 | CN¥114.6b | CN¥89.4b | CN¥3.0b | 35.3x | 38.2x | 1.3x |
| Tue, 09 Nov 2021 | CN¥104.8b | CN¥89.4b | CN¥3.0b | 34.4x | 34.9x | 1.2x |
| Thu, 07 Oct 2021 | CN¥126.5b | CN¥83.2b | CN¥4.2b | 28x | 30.3x | 1.5x |
| Sat, 04 Sep 2021 | CN¥116.4b | CN¥83.2b | CN¥4.2b | 24.5x | 27.9x | 1.4x |
| Mon, 02 Aug 2021 | CN¥100.0b | CN¥83.2b | CN¥4.2b | 23.6x | 24x | 1.2x |
| Thu, 06 May 2021 | CN¥89.2b | CN¥71.7b | CN¥4.9b | 17.5x | 18.3x | 1.2x |
Price to Earnings Ratio
18.3x
Current Industry PE
- Investors are pessimistic on the Chinese Oil and Gas Storage and Transportation 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 16.7x which is lower than its 3-year average PE of 21.6x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Oil and Gas Storage and Transportation compare with similar industries?
| CN Market | -0.20% | |
| Energy | 3.88% | |
| Oil and Gas | 4.06% | |
| Oil and Gas Storage and Transportation | 2.67% | |
| Coal and Fuels | 4.91% | |
| Integrated Oil and Gas | 4.21% | |
| Oil and Gas Exploration and Production | -1.71% | |
| Oil and Gas Refining and Marketing | -7.73% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 601872 China Merchants Energy Shipping | CN¥8.60 | 7.9% +CN¥5.1b | 19.9% | PE14.5x | |
| 2259 Sichuan Shengda Forestry Industry | CN¥3.46 | 5.5% +CN¥135.4m | -0.6% | PS3.3x | |
| 2221 Oriental Energy | CN¥9.05 | 0.4% +CN¥63.0m | 0.8% | PE27450.3x |