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Chinese (SSE) Renewable Energy Industry Analysis

UpdatedJan 18, 2022
DataAggregated Company Financials
Companies50
  • 7D-0.7%
  • 3M-1.5%
  • 1Y26.7%
  • YTD-5.7%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Zhejiang Zheneng Electric Power declined by 3.1%. As for the the longer term, the industry is up 27% over the past 12 months.

Industry Valuation and Performance

Has the Chinese Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 19 Jan 2022CN„1.8tCN„790.7bCN„71.3b30.7x
Fri, 17 Dec 2021CN„2.0tCN„790.7bCN„71.3b33.6x
Sun, 14 Nov 2021CN„1.7tCN„790.5bCN„71.3b27.1x
Tue, 12 Oct 2021CN„1.9tCN„760.5bCN„91.0b23.5x
Thu, 09 Sep 2021CN„1.8tCN„760.9bCN„91.1b22.4x
Sat, 07 Aug 2021CN„1.5tCN„760.4bCN„91.0b17.3x
Fri, 30 Apr 2021CN„1.3tCN„719.4bCN„89.7b16.5x
Mon, 01 Feb 2021CN„1.2tCN„681.0bCN„83.8b15.7x
Thu, 05 Nov 2020CN„1.2tCN„673.9bCN„79.5b15.4x
Sun, 09 Aug 2020CN„1.2tCN„669.2bCN„70.0b18.3x
Sat, 02 May 2020CN„1.1tCN„662.1bCN„62.9b15.6x
Tue, 04 Feb 2020CN„1.1tCN„685.8bCN„67.8b16.9x
Fri, 08 Nov 2019CN„1.1tCN„667.6bCN„73.9b15.1x
Thu, 01 Aug 2019CN„1.2tCN„657.0bCN„71.6b17.3x
Sun, 05 May 2019CN„1.2tCN„635.4bCN„69.1b19.7x
Wed, 06 Feb 2019CN„1.1tCN„620.4bCN„66.9b19x
PE Ratio

19x

Total Market Cap: CN„1.1tTotal Earnings: CN„66.9bTotal Revenue: CN„620.4b0%0%0%3 Year10 Year
202020212022

Current Industry PE: Investors are more optimistic on the industry, considering it's trading at a PE ratio of 30.7x which is higher than its 3-year average PE of 18.4x. It appears they are confident that earnings will grow faster in the future than they have historically.

Past Earnings Growth: The earnings for companies in the Renewable Energy industry have grown 2.1% per year over the last three years, and revenues for these companies have grown 8.4% 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 Renewable Energy industry?

Renewable Energy-0.0095%
Independent Power Producers and Energy Traders-1.80%

Industry PE: Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 24.9x. This is likely because analysts are expecting annual earnings growth of 14%, which is higher than its past year's earnings growth of 10% per year. Meanwhile, investors are most pessimistic about the Independent Power Producers and Energy Traders industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 16.4x.

Forecasted Growth: Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 35% over the next 5 years. This is better than its past earnings decline of 33% per year. Meanwhile, the Renewable Energy industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
600900 China Yangtze PowerCN„22.861.6%
+CN„8.2b
17.8%PE20.3x
600021 Shanghai Electric PowerLtdCN„14.0412.5%
+CN„4.1b
97.5%PS1.3x
600905 China Three Gorges Renewables (Group)LtdCN„7.112.0%
+CN„4.0b
n/aPE42.3x
2015 GCL Intelligent EnergyCN„18.287.3%
+CN„1.7b
224.1%PE25.6x
875 Jilin Electric PowerLtdCN„8.634.5%
+CN„1.0b
102.6%PE33.2x
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