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Chinese (SSE) Gas Utilities Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies20
  • 7D-0.6%
  • 3M14.7%
  • 1Y9.0%
  • YTD7.2%

Over the last 7 days, the Gas Utilities industry has dropped 2.8%, driven by declines in Shanghai Dazhong Public Utilities(Group)Ltd and Xinjiang Xintai Natural Gas of 4.9% and 4.8%, respectively. In contrast, ENN Natural GasLtd has gained 5.8%. Over the past 12 months, the industry was up 8.7%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Chinese Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CN¥190.3bCN¥277.1bCN¥14.0b17.1x13.6x0.7x
Tue, 19 Nov 2024CN¥190.3bCN¥277.1bCN¥14.0b17x13.6x0.7x
Thu, 17 Oct 2024CN¥186.6bCN¥272.6bCN¥13.8b16.3x13.6x0.7x
Sat, 14 Sep 2024CN¥166.4bCN¥272.6bCN¥13.8b15.1x12.1x0.6x
Mon, 12 Aug 2024CN¥177.2bCN¥272.2bCN¥13.0b15.4x13.6x0.7x
Wed, 10 Jul 2024CN¥185.5bCN¥271.6bCN¥12.9b15.2x14.3x0.7x
Fri, 07 Jun 2024CN¥184.1bCN¥271.7bCN¥12.8b16.1x14.4x0.7x
Sun, 05 May 2024CN¥183.2bCN¥271.7bCN¥13.1b17.4x14x0.7x
Tue, 02 Apr 2024CN¥181.8bCN¥270.9bCN¥14.1b16.5x12.9x0.7x
Thu, 29 Feb 2024CN¥170.1bCN¥265.8bCN¥12.2b16.1x14x0.6x
Sat, 27 Jan 2024CN¥175.0bCN¥265.8bCN¥12.2b17.5x14.4x0.7x
Mon, 25 Dec 2023CN¥175.9bCN¥265.6bCN¥12.2b19x14.4x0.7x
Wed, 22 Nov 2023CN¥178.3bCN¥265.6bCN¥12.2b19.3x14.6x0.7x
Fri, 20 Oct 2023CN¥173.0bCN¥269.3bCN¥12.9b19.1x13.4x0.6x
Sun, 17 Sep 2023CN¥180.1bCN¥269.3bCN¥12.9b18.7x13.9x0.7x
Tue, 15 Aug 2023CN¥182.8bCN¥274.9bCN¥12.9b20.2x14.1x0.7x
Thu, 13 Jul 2023CN¥189.5bCN¥267.0bCN¥12.6b20.9x15x0.7x
Sat, 10 Jun 2023CN¥183.6bCN¥267.0bCN¥12.6b19.5x14.5x0.7x
Mon, 08 May 2023CN¥185.6bCN¥267.1bCN¥12.4b19.1x15x0.7x
Wed, 05 Apr 2023CN¥187.5bCN¥263.2bCN¥11.9b17.2x15.8x0.7x
Fri, 03 Mar 2023CN¥191.0bCN¥250.2bCN¥9.4b17.5x20.3x0.8x
Sun, 29 Jan 2023CN¥183.9bCN¥245.6bCN¥9.5b17.4x19.3x0.7x
Tue, 27 Dec 2022CN¥169.0bCN¥244.7bCN¥9.3b17.2x18.1x0.7x
Thu, 24 Nov 2022CN¥181.6bCN¥244.7bCN¥9.3b17.8x19.4x0.7x
Sat, 22 Oct 2022CN¥175.3bCN¥236.6bCN¥9.0b17.5x19.5x0.7x
Mon, 19 Sep 2022CN¥181.1bCN¥233.8bCN¥9.0b18.7x20.1x0.8x
Wed, 17 Aug 2022CN¥182.3bCN¥218.6bCN¥9.4b20.5x19.4x0.8x
Fri, 15 Jul 2022CN¥162.4bCN¥218.5bCN¥9.5b17.9x17.2x0.7x
Sun, 12 Jun 2022CN¥168.3bCN¥215.8bCN¥9.7b17.3x17.3x0.8x
Tue, 10 May 2022CN¥149.3bCN¥212.8bCN¥10.0b16.8x14.9x0.7x
Thu, 07 Apr 2022CN¥165.0bCN¥197.9bCN¥10.1b18.5x16.3x0.8x
Sat, 05 Mar 2022CN¥168.0bCN¥188.3bCN¥10.1b19.6x16.7x0.9x
Mon, 31 Jan 2022CN¥155.4bCN¥188.3bCN¥10.2b17.4x15.3x0.8x
Wed, 29 Dec 2021CN¥172.0bCN¥186.0bCN¥10.2b19.6x16.9x0.9x
Price to Earnings Ratio

16.9x


Total Market Cap: CN¥172.0bTotal Earnings: CN¥10.2bTotal Revenue: CN¥186.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Gas Utilities Industry Price to Earnings3Y Average 15.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Gas 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 13.6x which is lower than its 3-year average PE of 15.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 14% 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-1.18%
Utilities-0.26%
Gas Utilities-0.58%
Gas Utilities-0.58%
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?

CompanyLast Price7D1YValuation
600803 ENN Natural GasLtdCN¥19.665.8%
+CN¥3.3b		21.2%PE8.1x
002267 Shaanxi Provincial Natural GasLtdCN¥8.190.4%
+CN¥33.4m		12.2%PE12x
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Latest News

601139

CN¥6.91

Shenzhen Gas

7D

-2.0%

1Y

-0.7%

Shenzhen Gas Corporation Ltd. (SHSE:601139) Shares Could Be 35% Below Their Intrinsic Value Estimate

Dec 22
Shenzhen Gas Corporation Ltd. (SHSE:601139) Shares Could Be 35% Below Their Intrinsic Value Estimate

603393

CN¥29.44

Xinjiang Xintai Natural Gas

7D

-4.8%

1Y

-0.8%

Is There An Opportunity With Xinjiang Xintai Natural Gas Co., Ltd.'s (SHSE:603393) 41% Undervaluation?

Dec 20
Is There An Opportunity With Xinjiang Xintai Natural Gas Co., Ltd.'s (SHSE:603393) 41% Undervaluation?

600917

CN¥6.07

Chongqing Gas Group

7D

-3.0%

1Y

-5.6%

Earnings Working Against Chongqing Gas Group Corporation Ltd.'s (SHSE:600917) Share Price

Dec 19
Earnings Working Against Chongqing Gas Group Corporation Ltd.'s (SHSE:600917) Share Price

000407

CN¥3.48

Shandong Shengli

7D

-6.5%

1Y

-4.9%

Shandong Shengli Co., Ltd.'s (SZSE:000407) Shares Lagging The Market But So Is The Business

Dec 13
Shandong Shengli Co., Ltd.'s (SZSE:000407) Shares Lagging The Market But So Is The Business

002267

CN¥8.19

Shaanxi Provincial Natural GasLtd

7D

0.4%

1Y

12.2%

600803

CN¥19.66

ENN Natural GasLtd

7D

5.8%

1Y

21.2%

With EPS Growth And More, ENN Natural GasLtd (SHSE:600803) Makes An Interesting Case

Dec 03
With EPS Growth And More, ENN Natural GasLtd (SHSE:600803) Makes An Interesting Case

000421

CN¥6.28

Nanjing Public Utilities Development

7D

-10.0%

1Y

-10.7%

Market Participants Recognise Nanjing Public Utilities Development Co., Ltd.'s (SZSE:000421) Revenues Pushing Shares 37% Higher

Nov 28
Market Participants Recognise Nanjing Public Utilities Development Co., Ltd.'s (SZSE:000421) Revenues Pushing Shares 37% Higher

600333

CN¥5.48

Changchun Gas Co.Ltd

7D

-10.5%

1Y

3.2%

Market Participants Recognise Changchun Gas Co,.Ltd's (SHSE:600333) Revenues Pushing Shares 37% Higher

Nov 15
Market Participants Recognise Changchun Gas Co,.Ltd's (SHSE:600333) Revenues Pushing Shares 37% Higher

600635

CN¥4.28

Shanghai Dazhong Public Utilities(Group)Ltd

7D

-4.9%

1Y

42.2%

Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 06
Shanghai Dazhong Public Utilities(Group)Ltd (SHSE:600635) Is Posting Promising Earnings But The Good News Doesn’t Stop There

300332

CN¥5.69

Top Resource Energy

7D

-4.7%

1Y

-26.9%