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Chinese (SSE) Utilities Sector Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies121
  • 7D-2.3%
  • 3M-9.4%
  • 1Y-0.2%
  • YTD-5.0%

Over the last 7 days, the Utilities industry has dropped 1.8%, driven by a pullback from Huadian New Energy Group of 4.3%. Meanwhile, Delong Composite Energy Group actually outperformed within the industry, gaining 17% in the last week. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 9.2% annually.

Sector Valuation and Performance

Has the Chinese Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026CN¥3.3tCN¥1.7tCN¥168.3b23.6x19.8x1.9x
Fri, 17 Jul 2026CN¥3.3tCN¥1.7tCN¥170.1b22.9x19.5x1.9x
Sun, 14 Jun 2026CN¥3.5tCN¥1.7tCN¥167.2b24.9x20.9x2.1x
Tue, 12 May 2026CN¥3.6tCN¥1.7tCN¥168.0b26.6x21.2x2.1x
Thu, 09 Apr 2026CN¥3.4tCN¥1.7tCN¥170.7b24.8x19.9x2x
Sat, 07 Mar 2026CN¥3.5tCN¥1.7tCN¥170.9b27x20.5x2.1x
Mon, 02 Feb 2026CN¥3.3tCN¥1.7tCN¥171.1b24.8x19x1.9x
Wed, 31 Dec 2025CN¥3.2tCN¥1.7tCN¥169.1b22.8x19x1.9x
Fri, 28 Nov 2025CN¥3.3tCN¥1.7tCN¥169.1b23.2x19.3x1.9x
Sun, 26 Oct 2025CN¥3.3tCN¥1.7tCN¥170.0b25.2x19.5x2x
Tue, 23 Sep 2025CN¥3.1tCN¥1.6tCN¥165.0b24.4x18.7x1.9x
Thu, 21 Aug 2025CN¥3.1tCN¥1.6tCN¥167.0b21.4x18.7x2x
Sat, 19 Jul 2025CN¥3.2tCN¥1.6tCN¥169.4b21.5x18.7x2x
Mon, 16 Jun 2025CN¥2.9tCN¥1.6tCN¥160.5b21.7x18x1.9x
Wed, 14 May 2025CN¥2.9tCN¥1.6tCN¥160.6b20.4x17.9x1.8x
Fri, 11 Apr 2025CN¥2.8tCN¥1.6tCN¥159.2b18.6x17.4x1.8x
Sun, 09 Mar 2025CN¥2.7tCN¥1.6tCN¥137.7b17.7x19.4x1.7x
Tue, 04 Feb 2025CN¥2.7tCN¥1.6tCN¥137.6b17.7x19.9x1.7x
Thu, 02 Jan 2025CN¥2.9tCN¥1.6tCN¥138.8b18.5x20.6x1.8x
Sat, 30 Nov 2024CN¥2.8tCN¥1.6tCN¥138.8b18.8x19.8x1.8x
Mon, 28 Oct 2024CN¥2.8tCN¥1.6tCN¥156.3b18.3x18x1.8x
Wed, 25 Sep 2024CN¥2.7tCN¥1.6tCN¥155.3b17x17.6x1.7x
Fri, 23 Aug 2024CN¥2.9tCN¥1.6tCN¥151.4b16.6x18.9x1.8x
Sun, 21 Jul 2024CN¥3.0tCN¥1.6tCN¥148.2b17.3x19.9x1.9x
Tue, 18 Jun 2024CN¥2.9tCN¥1.6tCN¥148.0b18.4x19.4x1.8x
Thu, 16 May 2024CN¥2.8tCN¥1.6tCN¥147.5b19x18.8x1.8x
Sat, 13 Apr 2024CN¥2.7tCN¥1.6tCN¥136.3b19.6x20x1.8x
Mon, 11 Mar 2024CN¥2.7tCN¥1.5tCN¥133.7b17.9x20x1.7x
Wed, 07 Feb 2024CN¥2.5tCN¥2.2tCN¥379.4b16.5x6.5x1.1x
Fri, 05 Jan 2024CN¥2.5tCN¥1.5tCN¥123.8b20.5x20.4x1.7x
Sun, 03 Dec 2023CN¥2.4tCN¥1.5tCN¥126.9b20.5x19.2x1.6x
Tue, 31 Oct 2023CN¥2.4tCN¥1.5tCN¥112.7b19.6x21.2x1.6x
Thu, 28 Sep 2023CN¥2.4tCN¥1.5tCN¥104.2b20.7x22.9x1.6x
Sat, 26 Aug 2023CN¥2.4tCN¥1.5tCN¥100.5b20.9x24x1.6x
Price to Earnings Ratio

24x


Total Market Cap: CN¥2.4tTotal Earnings: CN¥100.5bTotal Revenue: CN¥1.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Utilities Sector Price to Earnings3Y Average 19.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the Chinese Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.2x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 5.1% 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 Utilities sector?

CN Market2.50%
Utilities-2.33%
Water Utilities-0.50%
Gas Utilities-0.76%
Renewable Energy-2.42%
Other Utilities-2.53%
Electric Utilities-4.05%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry even though it's trading below its 3-year average PE ratio of 31.5x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 5.7% per year.
  • Investors are most pessimistic about the Water Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.5x.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 5.7% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
000593 Delong Composite Energy GroupCN¥26.9517.3%
+CN¥1.4b
301.0%PE302.6x
001210 Kingfore Energy GroupCN¥27.8728.0%
+CN¥1.3b
153.0%PE44.6x
600803 ENN Natural GasCN¥17.701.2%
+CN¥650.1m
-5.3%PE12.6x
600674 Sichuan Chuantou EnergyLtdCN¥15.330.7%
+CN¥536.2m
-0.2%PE16.2x
605162 Zhejiang Xinzhonggang Thermal PowerCN¥9.726.8%
+CN¥270.9m
7.5%PE35.4x

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