Chinese (SSE) Electric Utilities Industry Analysis
- 7D1.9%
- 3M3.3%
- 1Y23.7%
- YTD14.6%
Over the last 7 days, the Electric Utilities industry has risen 1.2%, driven by gains from Jiangsu Guoxin of 2.9%. This takes the industry's 12 month performance to a gain of 24%.
Industry Valuation and Performance
Has the Chinese Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 07 Dec 2021 | CN¥124.8b | CN¥84.6b | CN¥3.2b | 36.9x |
| Thu, 04 Nov 2021 | CN¥122.1b | CN¥85.8b | CN¥3.3b | 38.8x |
| Sat, 02 Oct 2021 | CN¥129.1b | CN¥95.3b | CN¥4.8b | 45.4x |
| Mon, 30 Aug 2021 | CN¥116.4b | CN¥96.0b | CN¥4.9b | 30.8x |
| Tue, 06 Jul 2021 | CN¥100.9b | CN¥94.7b | CN¥4.6b | 32.9x |
| Fri, 09 Apr 2021 | CN¥102.3b | CN¥88.5b | CN¥4.6b | 31.5x |
| Thu, 31 Dec 2020 | CN¥102.6b | CN¥82.5b | CN¥4.6b | 35.4x |
| Sun, 04 Oct 2020 | CN¥90.1b | CN¥91.0b | CN¥4.2b | 28x |
| Wed, 08 Jul 2020 | CN¥85.3b | CN¥89.9b | CN¥3.6b | 23.8x |
| Tue, 31 Mar 2020 | CN¥74.2b | CN¥85.2b | CN¥2.7b | 29.8x |
| Fri, 03 Jan 2020 | CN¥92.6b | CN¥86.8b | CN¥3.9b | 36.5x |
| Mon, 07 Oct 2019 | CN¥90.5b | CN¥81.4b | CN¥4.1b | 28.8x |
| Sun, 30 Jun 2019 | CN¥96.6b | CN¥72.9b | CN¥4.0b | 25.1x |
| Wed, 03 Apr 2019 | CN¥108.3b | CN¥72.1b | CN¥4.2b | 29.4x |
| Sat, 05 Jan 2019 | CN¥74.2b | CN¥72.9b | CN¥2.8b | 29.9x |
29.9x
Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 37.0x which is higher than its 3-year average PE of 30.3x. It appears they are confident that earnings will grow faster in the future than they have historically.
Past Earnings Growth: The earnings for companies in the Electric Utilities industry have grown 4.2% per year over the last three years, and 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 Electric Utilities industry?
| Electric Utilities | 1.91% | |
Industry PE: Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 30.3x. This is likely because analysts are expecting annual earnings growth of 10%, which is higher than its past year's earnings growth of 0.6% per year.
Forecasted Growth: Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 10% over the next 5 years. This is better than it's past earnings growth rate of 0.6% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 2608 Jiangsu Guoxin | 3.1%+CN¥717.8m | -0.8% | PE14.2x | |
| 1896 Henan Yuneng HoldingsLtd | 8.5%+CN¥678.8m | 93.4% | PS0.9x | |
| 600310 Guangxi Guidong Electric Power | 11.0%+CN¥659.6m | 34.3% | PE57.8x | |
| 600995 Yunnan Wenshan Electric PowerLtd | 5.2%+CN¥406.7m | 115.5% | PE646.4x | |
| 600644 Leshan Electric Power | 8.4%+CN¥301.5m | 37.7% | PE38.7x |