Calculating The Intrinsic Value Of Hangzhou Cogeneration Group Co., Ltd. (SHSE:605011)
Apr 21
Chinese (SSE) Electric Utilities Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies15
- 7D-2.9%
- 3M13.1%
- 1Y-7.5%
- YTD-2.3%
Over the last 7 days, the Electric Utilities industry has dropped 2.9%, and Xinjiang Tianfu Energy contributed the most with a 11% decline. The industry has fallen 7.5% in the last year. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Chinese Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | CN¥141.4b | CN¥111.2b | CN¥3.6b | 29.3x | 39.7x | 1.3x |
| Fri, 22 Mar 2024 | CN¥138.9b | CN¥112.6b | CN¥3.9b | 27.1x | 35.9x | 1.2x |
| Sun, 18 Feb 2024 | CN¥126.0b | CN¥111.0b | CN¥3.4b | 23.5x | 36.8x | 1.1x |
| Tue, 16 Jan 2024 | CN¥137.6b | CN¥111.0b | CN¥3.4b | 27.5x | 40x | 1.2x |
| Thu, 14 Dec 2023 | CN¥144.9b | CN¥111.0b | CN¥3.4b | 31.2x | 42.2x | 1.3x |
| Sat, 11 Nov 2023 | CN¥139.5b | CN¥111.0b | CN¥3.4b | 28.1x | 40.6x | 1.3x |
| Mon, 09 Oct 2023 | CN¥140.7b | CN¥115.9b | CN¥1.8b | 30.5x | 77.2x | 1.2x |
| Wed, 06 Sep 2023 | CN¥148.7b | CN¥115.9b | CN¥1.8b | 32.1x | 81.6x | 1.3x |
| Fri, 04 Aug 2023 | CN¥165.0b | CN¥114.6b | CN¥1.1b | 42.7x | 150.1x | 1.4x |
| Sun, 02 Jul 2023 | CN¥170.8b | CN¥114.5b | CN¥1.1b | 43.2x | 156.1x | 1.5x |
| Tue, 30 May 2023 | CN¥174.6b | CN¥115.2b | CN¥1.1b | 41.3x | 155.9x | 1.5x |
| Thu, 27 Apr 2023 | CN¥151.5b | CN¥115.4b | CN¥1.2b | 27.5x | 129.9x | 1.3x |
| Sat, 25 Mar 2023 | CN¥157.5b | CN¥107.6b | CN¥455.5m | 33.1x | 345.8x | 1.5x |
| Mon, 20 Feb 2023 | CN¥158.6b | CN¥105.3b | -CN¥290,229,167.00 | 32.7x | -546.4x | 1.5x |
| Wed, 18 Jan 2023 | CN¥151.4b | CN¥105.2b | -CN¥311,837,378.00 | 30.7x | -485.4x | 1.4x |
| Fri, 16 Dec 2022 | CN¥149.0b | CN¥95.0b | CN¥776.8m | 32x | 191.9x | 1.6x |
| Sun, 13 Nov 2022 | CN¥143.6b | CN¥95.0b | CN¥784.1m | 30.5x | 183.2x | 1.5x |
| Tue, 11 Oct 2022 | CN¥131.7b | CN¥85.3b | CN¥302.6m | 26.6x | 435.4x | 1.5x |
| Thu, 08 Sep 2022 | CN¥124.5b | CN¥98.7b | -CN¥2,493,740,898.00 | 32.1x | -49.9x | 1.3x |
| Sat, 06 Aug 2022 | CN¥119.7b | CN¥98.9b | -CN¥962,424,605.00 | 29x | -124.3x | 1.2x |
| Mon, 04 Jul 2022 | CN¥118.0b | CN¥98.2b | -CN¥1,030,752,359.00 | 31.9x | -114.5x | 1.2x |
| Wed, 01 Jun 2022 | CN¥110.9b | CN¥98.2b | -CN¥1,034,096,702.00 | 31.6x | -107.3x | 1.1x |
| Fri, 29 Apr 2022 | CN¥95.8b | CN¥96.6b | -CN¥1,197,996,011.00 | 24.6x | -80x | 1x |
| Sun, 27 Mar 2022 | CN¥113.1b | CN¥87.5b | CN¥781.2m | 31.3x | 144.8x | 1.3x |
| Tue, 22 Feb 2022 | CN¥119.3b | CN¥84.7b | CN¥3.2b | 35.4x | 37.5x | 1.4x |
| Thu, 20 Jan 2022 | CN¥127.6b | CN¥84.7b | CN¥3.2b | 35.8x | 40.1x | 1.5x |
| Sat, 18 Dec 2021 | CN¥135.8b | CN¥84.6b | CN¥3.2b | 42x | 42.7x | 1.6x |
| Mon, 15 Nov 2021 | CN¥122.1b | CN¥84.6b | CN¥3.2b | 37.5x | 38.4x | 1.4x |
| Wed, 13 Oct 2021 | CN¥124.5b | CN¥95.3b | CN¥4.8b | 43.9x | 26x | 1.3x |
| Fri, 10 Sep 2021 | CN¥122.7b | CN¥96.0b | CN¥4.9b | 33.1x | 25x | 1.3x |
| Sun, 08 Aug 2021 | CN¥104.0b | CN¥95.3b | CN¥4.8b | 29x | 21.8x | 1.1x |
| Sat, 01 May 2021 | CN¥92.0b | CN¥88.5b | CN¥4.6b | 28.5x | 20.1x | 1x |
Price to Earnings Ratio
20.1x
Current Industry PE
- Investors are pessimistic on the Chinese Electric Utilities 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 39.7x which is lower than its 3-year average PE of 66.8x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have declined 8.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.9% 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 industry?
| CN Market | -0.40% | |
| Utilities | -0.087% | |
| Electric Utilities | -2.87% | |
| Electric Utilities | -2.87% | |
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 | |
|---|---|---|---|---|---|
| 600452 Chongqing Fuling Electric Power Industrial | CN¥13.02 | 3.1% +CN¥428.0m | -11.8% | PE27.2x | |
| 605011 Hangzhou Cogeneration Group | CN¥24.81 | 3.0% +CN¥292.1m | 76.5% | PE47x | |
| 600101 Sichuan Mingxing Electric Power | CN¥8.15 | 6.0% +CN¥252.0m | -3.0% | PE24.9x | |
| 600396 Huadian Liaoning Energy DevelopmentLtd | CN¥2.55 | 7.1% +CN¥250.4m | 27.5% | PE2.6x | |
| 605162 Zhejiang Xinzhonggang Thermal Power | CN¥6.89 | 6.3% +CN¥164.2m | -17.5% | PE18.6x |
