There Are Reasons To Feel Uneasy About Jiangsu Guoxin's (SZSE:002608) Returns On Capital
Dec 23
Have your own idea? Try our Stock Screener
Chinese (SSE) Electric Utilities Industry Analysis
UpdatedDec 25, 2024
DataAggregated Company Financials
Companies15
- 7D-0.9%
- 3M17.7%
- 1Y10.7%
- YTD7.2%
Over the last 7 days, the Electric Utilities industry has dropped 4.7%, driven by a pullback from Sichuan Guangan Aaa PublicLtd of 26%. In the past year, the industry has gained 7.4%. As for the next few years, earnings are expected to grow by 18% 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, 25 Dec 2024 | CN¥153.9b | CN¥104.7b | CN¥7.0b | 23.5x | 22.1x | 1.5x |
| Fri, 22 Nov 2024 | CN¥152.0b | CN¥104.7b | CN¥7.0b | 24.1x | 21.9x | 1.5x |
| Sun, 20 Oct 2024 | CN¥144.3b | CN¥106.3b | CN¥6.2b | 32.5x | 23.4x | 1.4x |
| Tue, 17 Sep 2024 | CN¥122.7b | CN¥106.2b | CN¥6.2b | 26.5x | 19.9x | 1.2x |
| Thu, 15 Aug 2024 | CN¥134.9b | CN¥108.5b | CN¥5.4b | 29.6x | 25.1x | 1.2x |
| Sat, 13 Jul 2024 | CN¥138.7b | CN¥108.6b | CN¥5.4b | 26.4x | 25.8x | 1.3x |
| Mon, 10 Jun 2024 | CN¥154.3b | CN¥108.5b | CN¥5.4b | 30.6x | 28.7x | 1.4x |
| Wed, 08 May 2024 | CN¥152.8b | CN¥114.6b | CN¥7.7b | 27.2x | 19.8x | 1.3x |
| Fri, 05 Apr 2024 | CN¥141.0b | CN¥111.1b | CN¥3.8b | 29.9x | 36.9x | 1.3x |
| Sun, 03 Mar 2024 | CN¥133.8b | CN¥111.0b | CN¥3.4b | 26x | 39.1x | 1.2x |
| Tue, 30 Jan 2024 | CN¥134.4b | CN¥111.0b | CN¥3.4b | 27.2x | 39.3x | 1.2x |
| Thu, 28 Dec 2023 | CN¥139.5b | CN¥111.0b | CN¥3.4b | 29.9x | 40.6x | 1.3x |
| Sat, 25 Nov 2023 | CN¥138.7b | CN¥111.0b | CN¥3.4b | 28.4x | 40.4x | 1.2x |
| Mon, 23 Oct 2023 | CN¥134.3b | CN¥116.3b | CN¥2.2b | 28.2x | 61.5x | 1.2x |
| Wed, 20 Sep 2023 | CN¥145.3b | CN¥115.9b | CN¥1.8b | 30.8x | 79.7x | 1.3x |
| Fri, 18 Aug 2023 | CN¥149.9b | CN¥114.6b | CN¥961.4m | 37.8x | 155.9x | 1.3x |
| Sun, 16 Jul 2023 | CN¥170.4b | CN¥114.5b | CN¥1.1b | 45x | 156x | 1.5x |
| Tue, 13 Jun 2023 | CN¥161.3b | CN¥115.1b | CN¥1.0b | 40.2x | 153.8x | 1.4x |
| Thu, 11 May 2023 | CN¥157.9b | CN¥114.5b | CN¥1.2b | 34.2x | 136.3x | 1.4x |
| Sat, 08 Apr 2023 | CN¥153.3b | CN¥112.1b | CN¥290.6m | 27.9x | 527.7x | 1.4x |
| Mon, 06 Mar 2023 | CN¥160.5b | CN¥104.7b | CN¥564.3m | 33x | 284.3x | 1.5x |
| Wed, 01 Feb 2023 | CN¥154.8b | CN¥105.3b | -CN¥299,876,406.00 | 31.9x | -516.3x | 1.5x |
| Fri, 30 Dec 2022 | CN¥144.9b | CN¥95.0b | CN¥775.0m | 30.6x | 187x | 1.5x |
| Sun, 27 Nov 2022 | CN¥144.2b | CN¥95.0b | CN¥790.8m | 31.4x | 182.3x | 1.5x |
| Tue, 25 Oct 2022 | CN¥138.0b | CN¥85.3b | CN¥312.8m | 28.1x | 441.1x | 1.6x |
| Thu, 22 Sep 2022 | CN¥147.6b | CN¥85.3b | CN¥294.5m | 29.3x | 501.2x | 1.7x |
| Sat, 20 Aug 2022 | CN¥132.5b | CN¥97.9b | CN¥121.1m | 33.5x | 1094.3x | 1.4x |
| Mon, 18 Jul 2022 | CN¥121.5b | CN¥98.9b | -CN¥974,483,082.00 | 32x | -124.7x | 1.2x |
| Wed, 15 Jun 2022 | CN¥119.9b | CN¥98.2b | -CN¥1,026,684,787.00 | 30.4x | -116.8x | 1.2x |
| Fri, 13 May 2022 | CN¥102.9b | CN¥98.2b | -CN¥1,032,159,321.00 | 27.7x | -99.7x | 1x |
| Sun, 10 Apr 2022 | CN¥110.9b | CN¥92.3b | CN¥730.7m | 31.2x | 151.7x | 1.2x |
| Tue, 08 Mar 2022 | CN¥118.5b | CN¥87.4b | CN¥1.2b | 34.5x | 101.4x | 1.4x |
| Thu, 03 Feb 2022 | CN¥114.6b | CN¥84.7b | CN¥3.2b | 32.8x | 36x | 1.4x |
| Sat, 01 Jan 2022 | CN¥133.9b | CN¥84.6b | CN¥3.2b | 40.2x | 42.1x | 1.6x |
Price to Earnings Ratio
42.1x
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 21.8x which is lower than its 3-year average PE of 66.2x.
- 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 grown 30% per year over the last three years.
- Revenues for these companies have grown 7.3% 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 Utilities industry?
| CN Market | 0.39% | |
| Utilities | 0.85% | |
| Electric Utilities | -0.90% | |
| Electric Utilities | -0.90% | |
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 | |
|---|---|---|---|---|---|
| 001896 Henan Yuneng HoldingsLtd | CN¥4.80 | 7.1% +CN¥488.3m | 13.5% | PS0.6x | |
| 002608 Jiangsu Guoxin | CN¥7.93 | 1.4% +CN¥415.6m | 20.2% | PE10.6x | |
| 600452 Chongqing Fuling Electric Power Industrial | CN¥10.82 | 1.6% +CN¥261.2m | 15.5% | PE33.3x | |
| 600505 Sichuan Xichang Electric PowerLtd | CN¥11.42 | 5.1% +CN¥200.5m | 45.8% | PS2.9x | |
| 600101 Sichuan Mingxing Electric Power | CN¥9.19 | 0.8% +CN¥38.4m | 47.5% | PE23x |
