Chinese (SSE) Gas Utilities Industry Analysis

UpdatedApr 06, 2026

DataAggregated Company Financials

Companies20

7D-5.2%
3M4.5%
1Y17.4%
YTD3.9%

Over the last 7 days, the Gas Utilities industry has dropped 5.2%, driven by a pullback from Xinjiang Xintai Natural Gas of 15%. On the other hand Delong Composite Energy Group is actually up 9.1%. Over the past 12 months, the industry was up 17%. Looking forward, earnings are forecast to grow by 14% 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
Mon, 06 Apr 2026	CN¥219.6b	CN¥269.0b	CN¥11.3b	18.5x	19.4x	0.8x
Wed, 04 Mar 2026	CN¥254.8b	CN¥270.6b	CN¥11.5b	23.1x	22.2x	0.9x
Fri, 30 Jan 2026	CN¥218.4b	CN¥270.6b	CN¥11.5b	19.4x	19x	0.8x
Sun, 28 Dec 2025	CN¥209.0b	CN¥270.0b	CN¥11.3b	18.1x	18.6x	0.8x
Tue, 25 Nov 2025	CN¥201.4b	CN¥270.0b	CN¥11.3b	21.6x	17.9x	0.7x
Thu, 23 Oct 2025	CN¥200.8b	CN¥270.9b	CN¥11.3b	20.2x	17.8x	0.7x
Sat, 20 Sep 2025	CN¥188.4b	CN¥271.0b	CN¥11.3b	19.2x	16.6x	0.7x
Mon, 18 Aug 2025	CN¥193.5b	CN¥270.7b	CN¥11.5b	20.3x	16.9x	0.7x
Wed, 16 Jul 2025	CN¥184.9b	CN¥270.6b	CN¥11.5b	18.1x	16.1x	0.7x
Fri, 13 Jun 2025	CN¥182.2b	CN¥269.8b	CN¥11.4b	17.5x	15.9x	0.7x
Sun, 11 May 2025	CN¥182.9b	CN¥269.3b	CN¥11.5b	18.3x	15.9x	0.7x
Tue, 08 Apr 2025	CN¥173.9b	CN¥266.9b	CN¥11.0b	15.8x	15.8x	0.7x
Thu, 06 Mar 2025	CN¥182.7b	CN¥278.3b	CN¥14.0b	16.7x	13x	0.7x
Sat, 01 Feb 2025	CN¥187.0b	CN¥278.3b	CN¥14.0b	17.3x	13.3x	0.7x
Mon, 30 Dec 2024	CN¥195.0b	CN¥277.1b	CN¥14.0b	17.3x	13.9x	0.7x
Wed, 27 Nov 2024	CN¥189.6b	CN¥277.1b	CN¥14.0b	17.2x	13.5x	0.7x
Fri, 25 Oct 2024	CN¥185.7b	CN¥272.7b	CN¥13.8b	16.4x	13.5x	0.7x
Sun, 22 Sep 2024	CN¥166.2b	CN¥272.6b	CN¥13.8b	14.7x	12.1x	0.6x
Tue, 20 Aug 2024	CN¥178.3b	CN¥272.1b	CN¥13.0b	15.4x	13.7x	0.7x
Thu, 18 Jul 2024	CN¥182.1b	CN¥270.9b	CN¥13.0b	15.1x	14x	0.7x
Sat, 15 Jun 2024	CN¥188.2b	CN¥271.7b	CN¥12.8b	16.5x	14.8x	0.7x
Mon, 13 May 2024	CN¥188.8b	CN¥271.7b	CN¥12.8b	17.8x	14.7x	0.7x
Wed, 10 Apr 2024	CN¥184.8b	CN¥270.9b	CN¥14.1b	16.8x	13.1x	0.7x
Fri, 08 Mar 2024	CN¥176.0b	CN¥266.4b	CN¥12.4b	16.3x	14.2x	0.7x
Sun, 04 Feb 2024	CN¥161.6b	CN¥265.8b	CN¥12.2b	15.9x	13.3x	0.6x
Tue, 02 Jan 2024	CN¥177.1b	CN¥265.6b	CN¥12.2b	18.2x	14.5x	0.7x
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

Price to Earnings Ratio

16.3x

Thu, 13 Apr 2023

Current Industry PE

Investors are optimistic on the Chinese Gas Utilities industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 19.4x which is higher than its 3-year average PE of 15.2x.

The industry is trading close to its 3-year average PS ratio of 0.70x.

Past Earnings Growth

Both revenue and earnings for companies in the Gas Utilities industry have remained mostly flat over the last three years.
This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.