Chinese (SSE) Gas Utilities Industry Analysis
UpdatedDec 05, 2022
DataAggregated Company Financials
Companies19
- 7D2.0%
- 3M-10.6%
- 1Y-6.6%
- YTD-3.8%
Over the last 7 days, the Gas Utilities industry has risen 2.0%, driven by gains from Foran Energy Group of 21%. However, the industry is down 6.6% over the past year. Looking forward, earnings are forecast to grow by 22% 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, 05 Dec 2022 | CN¥187.9b | CN¥244.7b | CN¥9.3b | 18.7x | 20.1x | 0.8x |
| Wed, 02 Nov 2022 | CN¥168.9b | CN¥244.7b | CN¥9.3b | 17x | 18.1x | 0.7x |
| Fri, 30 Sep 2022 | CN¥183.5b | CN¥233.8b | CN¥9.0b | 17.9x | 20.4x | 0.8x |
| Sun, 28 Aug 2022 | CN¥202.1b | CN¥231.3b | CN¥8.8b | 21.9x | 22.9x | 0.9x |
| Tue, 26 Jul 2022 | CN¥167.8b | CN¥218.6b | CN¥9.5b | 19x | 17.7x | 0.8x |
| Thu, 23 Jun 2022 | CN¥159.5b | CN¥215.8b | CN¥9.7b | 16.1x | 16.4x | 0.7x |
| Sat, 21 May 2022 | CN¥153.1b | CN¥215.4b | CN¥10.2b | 15.9x | 15.1x | 0.7x |
| Mon, 18 Apr 2022 | CN¥159.0b | CN¥198.1b | CN¥9.9b | 17.3x | 16x | 0.8x |
| Wed, 16 Mar 2022 | CN¥138.7b | CN¥196.2b | CN¥10.1b | 16.1x | 13.7x | 0.7x |
| Fri, 11 Feb 2022 | CN¥165.8b | CN¥188.3b | CN¥10.2b | 19.1x | 16.3x | 0.9x |
| Sun, 09 Jan 2022 | CN¥172.4b | CN¥186.0b | CN¥10.2b | 19.5x | 16.9x | 0.9x |
| Tue, 07 Dec 2021 | CN¥173.8b | CN¥185.7b | CN¥10.1b | 18.9x | 17.2x | 0.9x |
| Thu, 04 Nov 2021 | CN¥168.6b | CN¥185.9b | CN¥10.1b | 18.3x | 16.6x | 0.9x |
| Sat, 02 Oct 2021 | CN¥186.5b | CN¥174.7b | CN¥9.5b | 23.5x | 19.6x | 1.1x |
| Mon, 30 Aug 2021 | CN¥185.9b | CN¥174.7b | CN¥9.5b | 20.6x | 19.6x | 1.1x |
| Tue, 06 Jul 2021 | CN¥147.4b | CN¥174.7b | CN¥9.5b | 17.9x | 15.6x | 0.8x |
| Fri, 09 Apr 2021 | CN¥167.6b | CN¥165.9b | CN¥8.1b | 22.6x | 20.7x | 1x |
| Thu, 31 Dec 2020 | CN¥137.8b | CN¥150.3b | CN¥6.6b | 23.1x | 20.9x | 0.9x |
| Sun, 04 Oct 2020 | CN¥128.8b | CN¥142.4b | CN¥6.6b | 22.6x | 19.5x | 0.9x |
| Wed, 08 Jul 2020 | CN¥114.4b | CN¥142.9b | CN¥6.6b | 21.2x | 17.2x | 0.8x |
| Tue, 31 Mar 2020 | CN¥109.5b | CN¥164.7b | CN¥7.6b | 20.1x | 14.4x | 0.7x |
| Fri, 03 Jan 2020 | CN¥126.3b | CN¥153.4b | CN¥8.0b | 24.8x | 15.8x | 0.8x |
Price to Earnings Ratio
15.8x
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 17.8x.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 5.2% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 2.50% | |
| Utilities | -0.03% | |
| Gas Utilities | 1.99% | |
| Gas Utilities | 1.99% | |
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 | |
|---|---|---|---|---|---|
| 2911 Foran Energy Group | CN¥14.38 | 16.2% +CN¥1.9b | 26.4% | PE22.5x | |
| 601139 Shenzhen Gas | CN¥7.00 | 2.3% +CN¥460.3m | -20.6% | PE19.9x | |
| 605368 Henan Lantian GasLtd | CN¥13.53 | 4.7% +CN¥301.9m | -2.2% | PE11x | |
| 600635 Shanghai Dazhong Public Utilities(Group)Ltd | CN¥3.16 | 3.3% +CN¥295.2m | -13.4% | PS1.6x | |
| 603393 Xinjiang Xintai Natural Gas | CN¥23.26 | 2.9% +CN¥278.9m | -11.3% | PE11.7x |