Chinese (SSE) Electric Utilities Industry Analysis

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
Fri, 22 May 2026	CN¥215.8b	CN¥105.0b	CN¥7.1b	44.7x	30.4x	2.1x
Sun, 19 Apr 2026	CN¥203.4b	CN¥102.6b	CN¥7.1b	43.8x	28.5x	2x
Tue, 17 Mar 2026	CN¥213.8b	CN¥102.2b	CN¥6.6b	53.9x	32.4x	2.1x
Thu, 12 Feb 2026	CN¥178.9b	CN¥102.2b	CN¥6.6b	45.1x	27.1x	1.8x
Sat, 10 Jan 2026	CN¥168.6b	CN¥102.1b	CN¥6.6b	40.9x	25.6x	1.7x
Mon, 08 Dec 2025	CN¥167.8b	CN¥102.1b	CN¥6.6b	42.5x	25.5x	1.6x
Wed, 05 Nov 2025	CN¥172.9b	CN¥102.1b	CN¥6.6b	44x	26.2x	1.7x
Fri, 03 Oct 2025	CN¥167.7b	CN¥102.4b	CN¥6.4b	46.6x	26.4x	1.6x
Sun, 31 Aug 2025	CN¥161.3b	CN¥103.1b	CN¥6.2b	38x	25.9x	1.6x
Tue, 29 Jul 2025	CN¥162.3b	CN¥104.5b	CN¥6.5b	32.1x	25.1x	1.6x
Thu, 26 Jun 2025	CN¥154.8b	CN¥104.2b	CN¥6.4b	30.9x	24.2x	1.5x
Sat, 24 May 2025	CN¥159.0b	CN¥104.2b	CN¥6.4b	31.2x	25x	1.5x
Mon, 21 Apr 2025	CN¥151.1b	CN¥103.2b	CN¥6.9b	27.8x	21.8x	1.5x
Wed, 19 Mar 2025	CN¥147.5b	CN¥104.2b	CN¥7.2b	24.6x	20.4x	1.4x
Fri, 14 Feb 2025	CN¥145.1b	CN¥104.7b	CN¥6.9b	22.9x	20.9x	1.4x
Sun, 12 Jan 2025	CN¥136.2b	CN¥104.7b	CN¥7.0b	21.2x	19.6x	1.3x
Tue, 10 Dec 2024	CN¥157.1b	CN¥104.7b	CN¥7.0b	24.4x	22.6x	1.5x
Thu, 07 Nov 2024	CN¥158.4b	CN¥104.7b	CN¥7.0b	24.5x	22.8x	1.5x
Sat, 05 Oct 2024	CN¥150.5b	CN¥106.2b	CN¥6.2b	32.4x	24.4x	1.4x
Mon, 02 Sep 2024	CN¥131.5b	CN¥105.7b	CN¥6.0b	27.9x	21.9x	1.2x
Wed, 31 Jul 2024	CN¥135.7b	CN¥108.5b	CN¥5.3b	27.9x	25.4x	1.3x
Fri, 28 Jun 2024	CN¥140.1b	CN¥108.5b	CN¥5.4b	26.5x	26x	1.3x
Sun, 26 May 2024	CN¥160.3b	CN¥108.5b	CN¥5.4b	32x	29.8x	1.5x
Tue, 23 Apr 2024	CN¥141.4b	CN¥111.2b	CN¥3.6b	29.3x	39.7x	1.3x
Thu, 21 Mar 2024	CN¥139.0b	CN¥112.6b	CN¥3.9b	27.1x	35.9x	1.2x
Sat, 17 Feb 2024	CN¥126.0b	CN¥111.0b	CN¥3.4b	23.5x	36.8x	1.1x
Mon, 15 Jan 2024	CN¥139.3b	CN¥111.0b	CN¥3.4b	27.9x	40.5x	1.3x
Wed, 13 Dec 2023	CN¥143.5b	CN¥111.0b	CN¥3.4b	29.8x	41.8x	1.3x
Fri, 10 Nov 2023	CN¥139.0b	CN¥111.0b	CN¥3.4b	28.2x	40.5x	1.3x
Sun, 08 Oct 2023	CN¥140.7b	CN¥115.9b	CN¥1.8b	30.5x	77.2x	1.2x
Tue, 05 Sep 2023	CN¥146.7b	CN¥115.9b	CN¥1.8b	32.1x	80.6x	1.3x
Thu, 03 Aug 2023	CN¥164.6b	CN¥114.6b	CN¥1.1b	41.7x	149.6x	1.4x
Sat, 01 Jul 2023	CN¥170.8b	CN¥114.5b	CN¥1.1b	43.2x	156x	1.5x
Mon, 29 May 2023	CN¥169.9b	CN¥115.2b	CN¥1.1b	43.5x	151.8x	1.5x

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 30.8x which is lower than its 3-year average PE of 41.7x.

The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 2.1x.

Past Earnings Growth

The earnings for companies in the Electric Utilities industry have grown 85% per year over the last three years.
Meanwhile revenues for these companies have declined 3.0% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

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


CN Market	-2.73%
Utilities	-2.97%
Electric Utilities	-5.85%
Electric Utilities	-5.85%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

	Company	Last Price	7D	1Y	Valuation
	600310 Guangxi Energy	CN¥5.20	0.4% +CN¥29.3m	20.9%	PS2x

Company

Last Price

Valuation

600310 Guangxi Energy

CN¥5.20

0.4%
+CN¥29.3m

20.9%

PS2x

New major risk - Revenue and earnings growth

Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Earnings have declined by 23% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change).

Chinese (SSE) Electric Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 21%

New minor risk - Profit margin trend

First quarter 2026 earnings released: EPS: CN¥0.14 (vs CN¥0.12 in 1Q 2025)

New major risk - Revenue and earnings growth

First quarter 2026 earnings released: CN¥0.023 loss per share (vs CN¥0.14 loss in 1Q 2025)

Investor sentiment improves as stock rises 17%

Full year 2025 earnings: EPS and revenues miss analyst expectations

Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. to Report Q1, 2026 Results on Apr 23, 2026