China Merchants Energy Shipping (SHSE:601872) Has A Pretty Healthy Balance Sheet
Sep 20
Have your own idea? Try our Stock Screener
Markets has moved to Discover
You can now access Markets by navigating to Discover and selecting Markets.
Chinese (SSE) Oil and Gas Industry Analysis
UpdatedSep 21, 2024
DataAggregated Company Financials
Companies45
- 7D3.7%
- 3M-18.4%
- 1Y-4.9%
- YTD-10.8%
Over the last 7 days, the Oil and Gas industry has risen 2.8%, driven by gains from Shaanxi Coal Industry of 5.5%. In the past year, the industry is down 5.7%. Earnings are forecast to grow by 12% annually.
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 |
|---|---|---|---|---|---|---|
| Sat, 21 Sep 2024 | CN¥801.8b | CN¥760.2b | CN¥72.8b | 11.4x | 11x | 1.1x |
| Mon, 19 Aug 2024 | CN¥862.5b | CN¥776.7b | CN¥77.0b | 12.5x | 11.2x | 1.1x |
| Wed, 17 Jul 2024 | CN¥906.9b | CN¥776.7b | CN¥76.8b | 13x | 11.8x | 1.2x |
| Fri, 14 Jun 2024 | CN¥1.0t | CN¥776.7b | CN¥76.8b | 14x | 13.3x | 1.3x |
| Sun, 12 May 2024 | CN¥1.0t | CN¥777.7b | CN¥77.1b | 13.5x | 13.1x | 1.3x |
| Tue, 09 Apr 2024 | CN¥985.2b | CN¥831.6b | CN¥94.0b | 13.3x | 10.5x | 1.2x |
| Thu, 07 Mar 2024 | CN¥1.0t | CN¥790.9b | CN¥98.2b | 12.2x | 10.5x | 1.3x |
| Sat, 03 Feb 2024 | CN¥897.5b | CN¥837.4b | CN¥100.3b | 10.8x | 8.9x | 1.1x |
| Mon, 01 Jan 2024 | CN¥887.9b | CN¥837.3b | CN¥100.0b | 11.3x | 8.9x | 1.1x |
| Wed, 29 Nov 2023 | CN¥860.7b | CN¥837.2b | CN¥100.0b | 11.6x | 8.6x | 1x |
| Fri, 27 Oct 2023 | CN¥821.5b | CN¥869.9b | CN¥105.7b | 10.3x | 7.8x | 0.9x |
| Sun, 24 Sep 2023 | CN¥850.8b | CN¥875.7b | CN¥108.5b | 9.9x | 7.8x | 1x |
| Tue, 22 Aug 2023 | CN¥774.0b | CN¥898.5b | CN¥130.8b | 8.9x | 5.9x | 0.9x |
| Thu, 20 Jul 2023 | CN¥793.3b | CN¥907.8b | CN¥136.2b | 9x | 5.8x | 0.9x |
| Sat, 17 Jun 2023 | CN¥808.4b | CN¥907.8b | CN¥135.3b | 8.8x | 6x | 0.9x |
| Mon, 15 May 2023 | CN¥876.5b | CN¥908.4b | CN¥135.4b | 8.9x | 6.5x | 1x |
| Wed, 12 Apr 2023 | CN¥869.8b | CN¥899.5b | CN¥130.4b | 9.4x | 6.7x | 1x |
| Fri, 10 Mar 2023 | CN¥887.1b | CN¥871.9b | CN¥122.6b | 8.5x | 7.2x | 1x |
| Sun, 05 Feb 2023 | CN¥855.0b | CN¥868.1b | CN¥123.4b | 8.7x | 6.9x | 1x |
| Tue, 03 Jan 2023 | CN¥776.2b | CN¥868.7b | CN¥123.6b | 8.2x | 6.3x | 0.9x |
| Thu, 01 Dec 2022 | CN¥869.9b | CN¥868.4b | CN¥123.5b | 9x | 7x | 1x |
| Sat, 29 Oct 2022 | CN¥855.3b | CN¥864.1b | CN¥123.8b | 8.6x | 6.9x | 1x |
| Mon, 26 Sep 2022 | CN¥952.2b | CN¥837.7b | CN¥117.0b | 10x | 8.1x | 1.1x |
| Wed, 24 Aug 2022 | CN¥968.5b | CN¥814.4b | CN¥95.1b | 15.1x | 10.2x | 1.2x |
| Fri, 22 Jul 2022 | CN¥824.2b | CN¥792.0b | CN¥87.9b | 12.5x | 9.4x | 1x |
| Sun, 19 Jun 2022 | CN¥888.7b | CN¥788.9b | CN¥87.9b | 14.1x | 10.1x | 1.1x |
| Tue, 17 May 2022 | CN¥776.0b | CN¥788.5b | CN¥88.3b | 11.7x | 8.8x | 1x |
| Thu, 14 Apr 2022 | CN¥801.8b | CN¥726.6b | CN¥67.1b | 15.7x | 11.9x | 1.1x |
| Sat, 12 Mar 2022 | CN¥790.9b | CN¥718.5b | CN¥65.3b | 13.9x | 12.1x | 1.1x |
| Mon, 07 Feb 2022 | CN¥674.1b | CN¥673.8b | CN¥59.3b | 14.5x | 11.4x | 1x |
| Wed, 05 Jan 2022 | CN¥699.3b | CN¥642.0b | CN¥58.6b | 15.4x | 11.9x | 1.1x |
| Fri, 03 Dec 2021 | CN¥681.8b | CN¥642.0b | CN¥58.6b | 14.1x | 11.6x | 1.1x |
| Sun, 31 Oct 2021 | CN¥743.4b | CN¥647.0b | CN¥57.0b | 16.4x | 13x | 1.1x |
| Tue, 28 Sep 2021 | CN¥857.9b | CN¥591.9b | CN¥51.2b | 17.9x | 16.8x | 1.4x |
Price to Earnings Ratio
16.8x
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 11.0x 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 12% per year over the last three years.
- Revenues for these companies have grown 8.7% 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 | 1.05% | |
| Energy | 3.35% | |
| Oil and Gas | 3.74% | |
| Coal and Fuels | 4.58% | |
| Oil and Gas Storage and Transportation | 2.32% | |
| Integrated Oil and Gas | 0.81% | |
| Oil and Gas Refining and Marketing | -0.91% | |
| Oil and Gas Exploration and Production | -1.36% | |
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 37.7x.
- Analysts are expecting annual earnings growth of 63.6%, which is higher than its past year's earnings growth of 35.3% per year.
- Investors are most pessimistic about the Oil and Gas Exploration and Production industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 64% over the next 5 years.
- This is better than its past earnings growth rate of 35% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 9.0% 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¥23.49 | 5.5% +CN¥11.8b | 25.5% | PE11.3x | |
| 601699 Shanxi Lu'an Environmental Energy Development | CN¥13.81 | 6.0% +CN¥2.3b | -27.8% | PE8.5x | |
| 000983 Shanxi Coking Coal Energy Group | CN¥7.51 | 5.8% +CN¥2.3b | -24.5% | PE10.1x | |
| 601872 China Merchants Energy Shipping | CN¥6.69 | 4.2% +CN¥2.2b | -0.7% | PE11.9x | |
| 002128 Inner Mongolia Dian Tou Energy | CN¥16.22 | 6.1% +CN¥2.1b | 18.0% | PE7.4x |
