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Chinese (SSE) Gas Utilities Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies16
  • 7D-0.5%
  • 3M-5.1%
  • 1Y14.5%
  • YTD15.4%

Over the last 7 days, the Gas Utilities industry has risen 1.1%, driven by gains in ENN Natural Gas and Shenzhen Gas of 4.4% and 9.1%, respectively. This takes the industry's 12 month performance to a gain of 13%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021CN¥175.0bCN¥185.7bCN¥10.1b19.6x
Mon, 25 Oct 2021CN¥169.8bCN¥176.1bCN¥9.4b19.6x
Wed, 22 Sep 2021CN¥200.3bCN¥174.7bCN¥9.5b23.4x
Fri, 20 Aug 2021CN¥164.0bCN¥174.7bCN¥9.5b19.2x
Fri, 04 Jun 2021CN¥156.9bCN¥165.9bCN¥8.1b20.5x
Mon, 08 Mar 2021CN¥134.4bCN¥153.8bCN¥6.9b20.3x
Thu, 10 Dec 2020CN¥140.4bCN¥142.4bCN¥6.6b23.5x
Wed, 02 Sep 2020CN¥123.1bCN¥142.9bCN¥6.6b22.2x
Sat, 06 Jun 2020CN¥119.2bCN¥164.7bCN¥7.6b22.1x
Tue, 10 Mar 2020CN¥108.5bCN¥153.1bCN¥8.0b21.6x
Mon, 02 Dec 2019CN¥105.1bCN¥129.2bCN¥6.8b24.6x
Thu, 05 Sep 2019CN¥99.4bCN¥110.0bCN¥6.6b23.4x
Sun, 09 Jun 2019CN¥112.9bCN¥69.5bCN¥5.5b26.7x
Sat, 02 Mar 2019CN¥117.2bCN¥66.4bCN¥5.4b29.2x
Tue, 04 Dec 2018CN¥113.7bCN¥63.2bCN¥5.6b29.9x
PE Ratio

29.9x

Total Market Cap: CN¥113.7bTotal Earnings: CN¥5.6bTotal Revenue: CN¥63.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 23.4x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Gas Utilities industry have grown 22% per year over the last three years, and revenues for these companies have grown 43% 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 Gas Utilities industry?

Gas Utilities-0.46%

Industry PE: Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 23.4x. However analysts are expecting annual earnings growth of 8.4%, which is lower than the prior year's growth of 17% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 8.4% over the next 5 years. However this is lower than its past earnings growth rate of 17% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
601139 Shenzhen Gas1.5%+CN¥402.7m23.1%PE18.7x
603393 Xinjiang Xintai Natural Gas2.4%+CN¥279.2m32.8%PE11.6x
2911 Foran Energy GroupLtd2.7%+CN¥264.7m7.4%PE21.3x
603080 Xinjiang Torch Gas10.6%+CN¥230.6m18.7%PE19.6x
593 Sichuan Datong Gas DevelopmentLtd1.8%+CN¥35.9m6.0%PE38.3x
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