Chinese (SSE) Electric Utilities Industry Analysis
UpdatedDec 03, 2022
DataAggregated Company Financials
Companies15
- 7D1.4%
- 3M-4.4%
- 1Y-10.4%
- YTD-17.0%
In the last week, the Electric Utilities industry is up 1.4%, with Chongqing Three Gorges Water Conservancy and Electric Power leading the way, up 5.5%. In the past year, the industry is down 10%. Looking forward, earnings are forecast to grow by 17% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 04 Dec 2022 | CN¥146.3b | CN¥95.0b | CN¥783.1m | 32.5x | 186.8x | 1.5x |
| Tue, 01 Nov 2022 | CN¥132.1b | CN¥108.2b | -CN¥1,852,144,003.00 | 28.5x | -71.3x | 1.2x |
| Thu, 29 Sep 2022 | CN¥139.1b | CN¥85.3b | CN¥307.7m | 27.6x | 452.2x | 1.6x |
| Sat, 27 Aug 2022 | CN¥125.7b | CN¥95.2b | -CN¥459,699,875.00 | 33.3x | -273.5x | 1.3x |
| Mon, 25 Jul 2022 | CN¥123.5b | CN¥98.9b | -CN¥962,156,226.00 | 31.1x | -128.4x | 1.2x |
| Wed, 22 Jun 2022 | CN¥117.8b | CN¥98.2b | -CN¥1,031,670,140.00 | 31.3x | -114.2x | 1.2x |
| Fri, 20 May 2022 | CN¥105.5b | CN¥98.2b | -CN¥1,026,685,125.00 | 30x | -102.8x | 1.1x |
| Sun, 17 Apr 2022 | CN¥109.7b | CN¥96.1b | -CN¥614,081,439.00 | 27.4x | -178.7x | 1.1x |
| Tue, 15 Mar 2022 | CN¥112.8b | CN¥87.4b | CN¥1.2b | 32x | 96.5x | 1.3x |
| Thu, 10 Feb 2022 | CN¥120.9b | CN¥84.7b | CN¥3.2b | 34.9x | 38x | 1.4x |
| Sat, 08 Jan 2022 | CN¥128.1b | CN¥84.6b | CN¥3.2b | 37.7x | 40.3x | 1.5x |
| Mon, 06 Dec 2021 | CN¥124.4b | CN¥84.6b | CN¥3.2b | 37x | 39.1x | 1.5x |
| Wed, 03 Nov 2021 | CN¥122.9b | CN¥84.6b | CN¥4.3b | 20.4x | 28.7x | 1.5x |
| Fri, 01 Oct 2021 | CN¥129.1b | CN¥95.3b | CN¥4.8b | 45.4x | 27x | 1.4x |
| Sun, 29 Aug 2021 | CN¥116.4b | CN¥96.0b | CN¥4.9b | 31.1x | 23.7x | 1.2x |
| Mon, 05 Jul 2021 | CN¥100.9b | CN¥94.7b | CN¥4.6b | 32.9x | 21.8x | 1.1x |
| Thu, 08 Apr 2021 | CN¥102.3b | CN¥88.5b | CN¥4.6b | 31.5x | 22.3x | 1.2x |
| Sun, 10 Jan 2021 | CN¥102.6b | CN¥82.5b | CN¥4.6b | 35.4x | 22.4x | 1.2x |
| Sat, 03 Oct 2020 | CN¥90.1b | CN¥91.0b | CN¥4.2b | 28x | 21.4x | 1x |
| Tue, 07 Jul 2020 | CN¥85.3b | CN¥89.9b | CN¥3.6b | 23.8x | 23.6x | 0.9x |
| Fri, 10 Apr 2020 | CN¥74.2b | CN¥85.2b | CN¥2.7b | 29.8x | 27.3x | 0.9x |
| Thu, 02 Jan 2020 | CN¥92.6b | CN¥86.8b | CN¥3.9b | 36.5x | 23.6x | 1.1x |
Price to Earnings Ratio
23.6x
Current Industry PE
- Investors are optimistic on the Chinese Electric Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 187x which is higher than its 3-year average PE of 71.0x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have declined 43% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% 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 | 2.50% | |
| Utilities | -0.03% | |
| Electric Utilities | 1.39% | |
| Electric Utilities | 1.39% | |
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 | |
|---|---|---|---|---|---|
| 600116 Chongqing Three Gorges Water Conservancy and Electric Power | CN¥9.00 | 5.5% +CN¥898.7m | -9.5% | PE34.3x | |
| 600995 China Southern Power Grid Energy Storage | CN¥15.23 | 2.1% +CN¥820.9m | -10.8% | PE33.1x | |
| 605011 Hangzhou Cogeneration Group | CN¥16.76 | 5.3% +CN¥336.1m | -25.3% | PE32x | |
| 600452 Chongqing Fuling Electric Power Industrial | CN¥14.30 | 2.5% +CN¥320.1m | -17.3% | PE18.9x | |
| 600396 Shenyang Jinshan Energy | CN¥2.86 | 2.5% +CN¥103.1m | 17.7% | PS0.6x |