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Chinese (SSE) Utilities Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies110
  • 7D-0.03%
  • 3M-5.1%
  • 1Y-6.5%
  • YTD-11.3%

Over the last 7 days, the Utilities industry has remained flat. As for the longer term, the industry has declined 6.5% in the last year. As for the next few years, earnings are expected to grow by 23% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Dec 2022CN„2.3tCN„1.4tCN„84.0b23.3x27.7x1.7x
Tue, 01 Nov 2022CN„2.2tCN„1.4tCN„81.2b21.5x26.5x1.5x
Thu, 29 Sep 2022CN„2.2tCN„1.3tCN„73.0b23x30.7x1.7x
Sat, 27 Aug 2022CN„2.4tCN„1.3tCN„73.1b27.7x33.4x1.8x
Mon, 25 Jul 2022CN„2.4tCN„1.3tCN„75.2b23.6x31.7x1.8x
Wed, 22 Jun 2022CN„2.3tCN„1.3tCN„72.4b22.6x32.1x1.8x
Fri, 20 May 2022CN„2.2tCN„1.3tCN„72.7b21.1x30.6x1.7x
Sun, 17 Apr 2022CN„2.2tCN„1.2tCN„91.4b22.9x24x1.9x
Tue, 15 Mar 2022CN„2.3tCN„1.2tCN„96.1b22.8x23.9x1.9x
Thu, 10 Feb 2022CN„2.4tCN„1.2tCN„96.0b23.8x25.3x2.1x
Sat, 08 Jan 2022CN„2.4tCN„1.2tCN„96.0b25.8x25.3x2.1x
Mon, 06 Dec 2021CN„2.4tCN„1.2tCN„95.9b27.6x24.7x2.1x
Wed, 03 Nov 2021CN„2.4tCN„1.1tCN„99.2b21.4x24.3x2.1x
Fri, 01 Oct 2021CN„2.6tCN„1.1tCN„115.9b25.2x22.5x2.3x
Sun, 29 Aug 2021CN„2.1tCN„1.1tCN„116.1b21.6x18.4x1.9x
Mon, 05 Jul 2021CN„2.1tCN„1.1tCN„115.3b19.5x18.2x1.9x
Thu, 08 Apr 2021CN„2.0tCN„1.1tCN„111.5b20.7x17.9x1.9x
Sun, 10 Jan 2021CN„1.7tCN„999.0bCN„102.9b20.1x16.6x1.7x
Sat, 03 Oct 2020CN„1.6tCN„988.6bCN„99.9b19.1x16.4x1.7x
Tue, 07 Jul 2020CN„1.5tCN„978.6bCN„89.2b18.5x17.2x1.6x
Fri, 10 Apr 2020CN„1.5tCN„987.3bCN„81.9b17.9x17.7x1.5x
Thu, 02 Jan 2020CN„1.6tCN„997.6bCN„89.0b19.5x17.9x1.6x
Price to Earnings Ratio

17.9x


Total Market Cap: CN„1.6tTotal Earnings: CN„89.0bTotal Revenue: CN„997.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Utilities Sector Price to Earnings3Y Average 21.5x20212022
Current Industry PE
  • Investors are optimistic on the Chinese Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 27.7x which is higher than its 3-year average PE of 21.5x.
  • 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 declined 4.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 14% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Chinese Utilities sector?

CN Market2.50%
Utilities-0.03%
Gas Utilities1.99%
Electric Utilities1.39%
Water Utilities1.11%
Other Utilities0.57%
Renewable Energy-0.47%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 71.0x.
    • Analysts are expecting annual earnings growth of 16.9%, which is higher than its past year's earnings decline of 8.0% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 23.5x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 23% over the next 5 years.
  • This is better than its past earnings decline of 0.2% per year.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 15% 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
601016 CECEP Wind-power CorporationLtdCN„4.06-8.4%
CN„4.1b
-40.3%PE24.2x
2911 Foran Energy GroupCN„14.3520.6%
+CN„2.3b
29.2%PE22.4x
600905 China Three Gorges Renewables (Group)LtdCN„5.781.4%
+CN„2.3b
-15.7%PE22.7x
591 CECEP Solar EnergyLtdCN„7.614.5%
+CN„1.3b
-34.1%PE25.9x
601778 Jinko Power TechnologyLtdCN„5.408.7%
+CN„1.2b
-44.0%PE45.9x
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2911

CN„14.35

Foran Energy Group

7D

20.6%

1Y

29.2%

601985

CN„6.24

China National Nuclear Power

7D

-1.6%

1Y

-13.3%

601778

CN„5.40

Jinko Power TechnologyLtd

7D

8.7%

1Y

-44.0%

601016

CN„4.06

CECEP Wind-power CorporationLtd

7D

-8.4%

1Y

-40.3%

600886

CN„10.96

SDIC Power Holdings

7D

1.5%

1Y

3.6%

600795

CN„4.39

GD Power DevelopmentLtd

7D

-3.7%

1Y

63.8%

600642

CN„5.72

Shenergy

7D

-2.6%

1Y

-12.4%

600236

CN„6.17

Guangxi Guiguan Electric PowerCo.Ltd

7D

-1.1%

1Y

-1.9%

600025

CN„6.73

Huaneng Lancang River Hydropower

7D

-1.0%

1Y

6.8%

600023

CN„3.49

Zhejiang Zheneng Electric Power

7D

-2.2%

1Y

-8.2%

2015

CN„14.01

GCL Energy TechnologyLtd

7D

-6.7%

1Y

-29.6%

899

CN„10.33

Jiangxi Ganneng

7D

12.7%

1Y

98.7%

600900

CN„21.37

China Yangtze Power

7D

-2.0%

1Y

9.4%

591

CN„7.61

CECEP Solar EnergyLtd

7D

4.5%

1Y

-34.1%