Chinese (SSE) Gas Utilities Industry Analysis

UpdatedMar 10, 2026

DataAggregated Company Financials

Companies20

7D-0.5%
3M12.6%
1Y26.9%
YTD9.9%

Over the last 7 days, the Gas Utilities industry has risen 3.3%, driven by gains from Shanghai Dazhong Public Utilities(Group)Ltd of 6.5%. During this same period, the Foran Energy Group underperformed, falling 6.5%. In the last 12 months, the industry was up 27%. Earnings are forecast to grow by 12% 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
Tue, 10 Mar 2026	CN¥231.7b	CN¥270.6b	CN¥11.5b	19.6x	20.2x	0.9x
Thu, 05 Feb 2026	CN¥217.6b	CN¥270.6b	CN¥11.5b	18.9x	19x	0.8x
Sat, 03 Jan 2026	CN¥209.1b	CN¥270.0b	CN¥11.3b	18.2x	18.6x	0.8x
Mon, 01 Dec 2025	CN¥210.3b	CN¥270.0b	CN¥11.3b	21.7x	18.7x	0.8x
Wed, 29 Oct 2025	CN¥199.2b	CN¥272.2b	CN¥11.3b	19.6x	17.6x	0.7x
Fri, 26 Sep 2025	CN¥188.5b	CN¥271.0b	CN¥11.3b	19.3x	16.6x	0.7x
Sun, 24 Aug 2025	CN¥191.3b	CN¥270.7b	CN¥11.5b	20.1x	16.6x	0.7x
Tue, 22 Jul 2025	CN¥187.6b	CN¥270.7b	CN¥11.5b	18x	16.4x	0.7x
Thu, 19 Jun 2025	CN¥182.6b	CN¥269.8b	CN¥11.4b	19.1x	16x	0.7x
Sat, 17 May 2025	CN¥183.7b	CN¥269.1b	CN¥11.5b	18x	15.9x	0.7x
Mon, 14 Apr 2025	CN¥178.3b	CN¥269.2b	CN¥11.1b	16.6x	16x	0.7x
Wed, 12 Mar 2025	CN¥184.4b	CN¥278.3b	CN¥14.0b	17x	13.1x	0.7x
Fri, 07 Feb 2025	CN¥182.8b	CN¥278.3b	CN¥14.0b	17.1x	13x	0.7x
Sun, 05 Jan 2025	CN¥190.2b	CN¥277.1b	CN¥14.0b	17x	13.6x	0.7x
Tue, 03 Dec 2024	CN¥193.2b	CN¥277.1b	CN¥14.0b	17.8x	13.8x	0.7x
Thu, 31 Oct 2024	CN¥187.2b	CN¥277.0b	CN¥13.8b	16.4x	13.6x	0.7x
Sat, 28 Sep 2024	CN¥179.8b	CN¥272.6b	CN¥13.8b	15.4x	13.1x	0.7x
Mon, 26 Aug 2024	CN¥173.2b	CN¥272.2b	CN¥13.7b	14.7x	12.6x	0.6x
Wed, 24 Jul 2024	CN¥180.9b	CN¥270.8b	CN¥13.0b	15.2x	13.9x	0.7x
Fri, 21 Jun 2024	CN¥182.0b	CN¥271.7b	CN¥12.8b	15.4x	14.3x	0.7x
Sun, 19 May 2024	CN¥186.7b	CN¥271.7b	CN¥12.8b	17.5x	14.6x	0.7x
Tue, 16 Apr 2024	CN¥186.9b	CN¥267.8b	CN¥13.9b	16.9x	13.5x	0.7x
Thu, 14 Mar 2024	CN¥177.5b	CN¥266.4b	CN¥12.4b	17.4x	14.3x	0.7x
Sat, 10 Feb 2024	CN¥164.7b	CN¥265.8b	CN¥12.2b	15.6x	13.5x	0.6x
Mon, 08 Jan 2024	CN¥179.5b	CN¥265.6b	CN¥12.2b	18.6x	14.7x	0.7x
Wed, 06 Dec 2023	CN¥173.4b	CN¥265.6b	CN¥12.2b	18.9x	14.2x	0.7x
Fri, 03 Nov 2023	CN¥177.5b	CN¥265.6b	CN¥12.3b	18.6x	14.4x	0.7x
Sun, 01 Oct 2023	CN¥180.8b	CN¥269.3b	CN¥12.9b	19.9x	14x	0.7x
Tue, 29 Aug 2023	CN¥179.5b	CN¥269.9b	CN¥13.0b	18.1x	13.9x	0.7x
Thu, 27 Jul 2023	CN¥188.6b	CN¥273.2b	CN¥13.0b	21x	14.5x	0.7x
Sat, 24 Jun 2023	CN¥182.1b	CN¥267.0b	CN¥12.6b	19.1x	14.4x	0.7x
Mon, 22 May 2023	CN¥195.7b	CN¥267.0b	CN¥12.6b	20.8x	15.5x	0.7x
Wed, 19 Apr 2023	CN¥191.4b	CN¥266.2b	CN¥11.6b	16.9x	16.5x	0.7x
Fri, 17 Mar 2023	CN¥184.3b	CN¥250.4b	CN¥9.5b	17.2x	19.5x	0.7x

Price to Earnings Ratio

19.5x

Fri, 17 Mar 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 20.1x 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 0.69x.

Past Earnings Growth

The earnings for companies in the Gas Utilities industry have grown 6.6% per year over the last three years.
Revenues for these companies have grown 2.6% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.