Chinese (SSE) Electric Utilities Industry Analysis

UpdatedApr 05, 2026

DataAggregated Company Financials

Companies16

7D-15.3%
3M15.9%
1Y20.5%
YTD14.9%

Over the last 7 days, the Electric Utilities industry has dropped 15%, driven by declines in China Southern Power Grid Energy Storage and Henan Yuneng HoldingsLtd of 13% and 24%, respectively. On the other hand Zhejiang Xinzhonggang Thermal Power is actually up 14%. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are expected to grow by 14% 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
Sun, 05 Apr 2026	CN¥189.6b	CN¥102.5b	CN¥7.0b	43.3x	27x	1.8x
Tue, 03 Mar 2026	CN¥202.0b	CN¥102.2b	CN¥6.6b	49.8x	30.6x	2x
Thu, 29 Jan 2026	CN¥179.1b	CN¥102.1b	CN¥6.6b	44.8x	27.1x	1.8x
Sat, 27 Dec 2025	CN¥168.1b	CN¥102.1b	CN¥6.6b	40.8x	25.5x	1.6x
Mon, 24 Nov 2025	CN¥163.7b	CN¥102.1b	CN¥6.6b	41.6x	24.9x	1.6x
Wed, 22 Oct 2025	CN¥172.5b	CN¥102.4b	CN¥6.4b	46x	27.1x	1.7x
Fri, 19 Sep 2025	CN¥164.8b	CN¥102.9b	CN¥6.3b	44.3x	26.2x	1.6x
Sun, 17 Aug 2025	CN¥164.1b	CN¥104.1b	CN¥6.4b	38.2x	25.6x	1.6x
Tue, 15 Jul 2025	CN¥168.6b	CN¥104.2b	CN¥6.4b	32.4x	26.4x	1.6x
Thu, 12 Jun 2025	CN¥160.4b	CN¥104.2b	CN¥6.4b	30.7x	25.1x	1.5x
Sat, 10 May 2025	CN¥160.4b	CN¥105.6b	CN¥6.9b	29.9x	23.3x	1.5x
Mon, 07 Apr 2025	CN¥153.1b	CN¥103.3b	CN¥6.9b	29x	22.3x	1.5x
Wed, 05 Mar 2025	CN¥143.8b	CN¥104.7b	CN¥6.9b	23.5x	20.7x	1.4x
Fri, 31 Jan 2025	CN¥140.3b	CN¥104.7b	CN¥7.0b	22x	20.2x	1.3x
Sun, 29 Dec 2024	CN¥154.0b	CN¥104.7b	CN¥7.0b	23.7x	22.2x	1.5x
Tue, 26 Nov 2024	CN¥150.4b	CN¥104.7b	CN¥7.0b	23.7x	21.6x	1.4x
Thu, 24 Oct 2024	CN¥148.9b	CN¥106.3b	CN¥6.2b	33.5x	24.1x	1.4x
Sat, 21 Sep 2024	CN¥125.2b	CN¥106.2b	CN¥6.2b	26.8x	20.3x	1.2x
Mon, 19 Aug 2024	CN¥132.9b	CN¥108.4b	CN¥5.3b	27.5x	25x	1.2x
Wed, 17 Jul 2024	CN¥136.3b	CN¥108.6b	CN¥5.4b	25.6x	25.4x	1.3x
Fri, 14 Jun 2024	CN¥155.1b	CN¥108.5b	CN¥5.4b	30.3x	28.8x	1.4x
Sun, 12 May 2024	CN¥156.0b	CN¥109.1b	CN¥5.2b	31.5x	30.1x	1.4x
Tue, 09 Apr 2024	CN¥145.6b	CN¥111.1b	CN¥3.8b	30.4x	38.1x	1.3x
Thu, 07 Mar 2024	CN¥136.4b	CN¥111.0b	CN¥3.4b	25.8x	39.9x	1.2x
Sat, 03 Feb 2024	CN¥121.2b	CN¥111.0b	CN¥3.4b	24.5x	35.4x	1.1x
Mon, 01 Jan 2024	CN¥140.6b	CN¥111.0b	CN¥3.4b	30.1x	40.9x	1.3x
Wed, 29 Nov 2023	CN¥139.7b	CN¥111.0b	CN¥3.4b	28.6x	40.7x	1.3x
Fri, 27 Oct 2023	CN¥137.6b	CN¥113.8b	CN¥3.5b	28.1x	39.4x	1.2x
Sun, 24 Sep 2023	CN¥142.2b	CN¥115.9b	CN¥1.8b	30.6x	78x	1.2x
Tue, 22 Aug 2023	CN¥149.5b	CN¥114.7b	CN¥1.1b	35.3x	135.7x	1.3x
Thu, 20 Jul 2023	CN¥168.1b	CN¥114.5b	CN¥1.1b	44.7x	153.7x	1.5x
Sat, 17 Jun 2023	CN¥163.1b	CN¥115.2b	CN¥1.0b	43.1x	155.6x	1.4x
Mon, 15 May 2023	CN¥161.1b	CN¥115.2b	CN¥1.1b	34.5x	144.4x	1.4x
Wed, 12 Apr 2023	CN¥154.0b	CN¥112.1b	CN¥290.9m	27.9x	529.3x	1.4x

Price to Earnings Ratio

529.3x

Wed, 12 Apr 2023

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 27.0x which is lower than its 3-year average PE of 47.3x.

The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.

Past Earnings Growth

The earnings for companies in the Electric Utilities industry have grown 189% per year over the last three years.
Meanwhile revenues for these companies have declined 2.9% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.