Chinese (SSE) Gas Utilities Industry Analysis
UpdatedNov 30, 2023
DataAggregated Company Financials
Companies20
- 7D-0.5%
- 3M-1.9%
- 1Y-10.2%
- YTD0.5%
The Gas Utilities is pretty flat in the last 7 days, but Chengdu Gas Group has stood out, gaining 3.8%. Unfortunately though, the industry is down 6.8% over the past 12 months. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Chinese Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | CN¥175.8b | CN¥265.6b | CN¥12.2b | 19.2x | 14.4x | 0.7x |
| Sat, 28 Oct 2023 | CN¥180.6b | CN¥269.9b | CN¥13.0b | 18.7x | 13.9x | 0.7x |
| Mon, 25 Sep 2023 | CN¥178.5b | CN¥269.3b | CN¥12.9b | 18.9x | 13.8x | 0.7x |
| Wed, 23 Aug 2023 | CN¥183.8b | CN¥274.9b | CN¥13.0b | 20.6x | 14.1x | 0.7x |
| Fri, 21 Jul 2023 | CN¥187.6b | CN¥273.2b | CN¥13.0b | 20.8x | 14.4x | 0.7x |
| Sun, 18 Jun 2023 | CN¥182.1b | CN¥267.0b | CN¥12.6b | 19.4x | 14.4x | 0.7x |
| Tue, 16 May 2023 | CN¥192.4b | CN¥267.0b | CN¥12.6b | 20.8x | 15.3x | 0.7x |
| Thu, 13 Apr 2023 | CN¥188.1b | CN¥263.0b | CN¥11.5b | 16.8x | 16.3x | 0.7x |
| Sat, 11 Mar 2023 | CN¥185.7b | CN¥250.3b | CN¥9.4b | 17.4x | 19.8x | 0.7x |
| Mon, 06 Feb 2023 | CN¥185.1b | CN¥250.3b | CN¥9.6b | 17.3x | 19.3x | 0.7x |
| Wed, 04 Jan 2023 | CN¥171.7b | CN¥244.7b | CN¥9.3b | 17.5x | 18.4x | 0.7x |
| Fri, 02 Dec 2022 | CN¥190.5b | CN¥244.7b | CN¥9.3b | 19.1x | 20.4x | 0.8x |
| Sun, 30 Oct 2022 | CN¥165.5b | CN¥244.5b | CN¥9.7b | 16.7x | 17.1x | 0.7x |
| Tue, 27 Sep 2022 | CN¥180.0b | CN¥233.8b | CN¥9.0b | 18x | 20x | 0.8x |
| Thu, 25 Aug 2022 | CN¥191.2b | CN¥231.0b | CN¥8.8b | 19.9x | 21.7x | 0.8x |
| Sat, 23 Jul 2022 | CN¥166.9b | CN¥218.6b | CN¥9.5b | 17.8x | 17.7x | 0.8x |
| Mon, 20 Jun 2022 | CN¥166.2b | CN¥215.8b | CN¥9.7b | 16.6x | 17.1x | 0.8x |
| Wed, 18 May 2022 | CN¥152.1b | CN¥212.8b | CN¥10.0b | 16.8x | 15.2x | 0.7x |
| Fri, 15 Apr 2022 | CN¥160.8b | CN¥198.0b | CN¥9.9b | 18.3x | 16.3x | 0.8x |
| Sun, 13 Mar 2022 | CN¥153.8b | CN¥196.2b | CN¥10.1b | 18.1x | 15.2x | 0.8x |
| Tue, 08 Feb 2022 | CN¥158.7b | CN¥188.3b | CN¥10.2b | 17.7x | 15.6x | 0.8x |
| Thu, 06 Jan 2022 | CN¥170.1b | CN¥186.0b | CN¥10.2b | 19.3x | 16.7x | 0.9x |
| Sat, 04 Dec 2021 | CN¥174.8b | CN¥185.7b | CN¥10.1b | 19.9x | 17.3x | 0.9x |
| Mon, 01 Nov 2021 | CN¥168.5b | CN¥185.9b | CN¥10.1b | 18.8x | 16.6x | 0.9x |
| Wed, 29 Sep 2021 | CN¥202.9b | CN¥174.7b | CN¥9.5b | 25x | 21.3x | 1.2x |
| Fri, 27 Aug 2021 | CN¥183.4b | CN¥174.7b | CN¥9.5b | 20.7x | 19.4x | 1x |
| Sat, 03 Jul 2021 | CN¥147.4b | CN¥174.7b | CN¥9.5b | 17.9x | 15.6x | 0.8x |
| Tue, 06 Apr 2021 | CN¥167.6b | CN¥165.9b | CN¥8.1b | 22.6x | 20.7x | 1x |
| Fri, 08 Jan 2021 | CN¥137.8b | CN¥150.3b | CN¥6.6b | 23.1x | 20.9x | 0.9x |
Price to Earnings Ratio
21.2x
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 14.5x which is lower than its 3-year average PE of 17.6x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 23% per year over the last three years.
- Revenues for these companies have grown 23% 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 | -0.65% | |
| Utilities | -0.39% | |
| Gas Utilities | -0.55% | |
| Gas Utilities | -0.55% | |
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 | |
|---|---|---|---|---|---|
| 605368 Henan Lantian GasLtd | CN¥10.76 | 5.6% +CN¥394.9m | 11.2% | PE12.3x | |
| 1331 Senton EnergyLtd | CN¥20.54 | 8.9% +CN¥282.2m | -20.3% | PE20.1x | |
| 603053 Chengdu Gas Group | CN¥10.66 | 2.8% +CN¥257.8m | 7.4% | PE18.8x | |
| 603393 Xinjiang Xintai Natural Gas | CN¥31.97 | 1.8% +CN¥236.6m | 34.9% | PE15.4x | |
| 421 Nanjing Public Utilities Development | CN¥5.62 | 3.3% +CN¥104.1m | -3.3% | PE30.3x |