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- 7D-1.4%
- 3M-7.7%
- 1Y0.9%
- YTD-3.3%
Last week, the Renewable Energy industry hasn't moved much but GCL Energy TechnologyLtd is up 14% in that time. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 9.1% per annum.
Industry Valuation and Performance
Has the Chinese Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 06 Aug 2026 | CN¥2.8t | CN¥1.3t | CN¥142.6b | 22.1x | 19.8x | 2.3x |
| Sat, 04 Jul 2026 | CN¥2.9t | CN¥1.2t | CN¥142.4b | 20.9x | 20.3x | 2.3x |
| Mon, 01 Jun 2026 | CN¥3.0t | CN¥1.2t | CN¥136.8b | 26.2x | 22.3x | 2.5x |
| Wed, 29 Apr 2026 | CN¥2.8t | CN¥1.2t | CN¥137.0b | 22.3x | 20.6x | 2.3x |
| Fri, 27 Mar 2026 | CN¥3.0t | CN¥1.2t | CN¥140.2b | 24.2x | 21.4x | 2.5x |
| Sun, 22 Feb 2026 | CN¥2.6t | CN¥1.2t | CN¥140.2b | 20x | 18.5x | 2.1x |
| Tue, 20 Jan 2026 | CN¥2.7t | CN¥1.2t | CN¥140.2b | 19.9x | 18.9x | 2.2x |
| Thu, 18 Dec 2025 | CN¥2.7t | CN¥1.2t | CN¥138.5b | 19.3x | 19.2x | 2.2x |
| Sat, 15 Nov 2025 | CN¥2.7t | CN¥1.2t | CN¥138.5b | 20.5x | 19.8x | 2.2x |
| Mon, 13 Oct 2025 | CN¥2.7t | CN¥1.2t | CN¥138.3b | 20x | 19.3x | 2.2x |
| Wed, 10 Sep 2025 | CN¥2.6t | CN¥1.1t | CN¥133.3b | 19.1x | 19.4x | 2.3x |
| Fri, 08 Aug 2025 | CN¥2.5t | CN¥1.1t | CN¥137.3b | 18.8x | 18.5x | 2.3x |
| Sun, 06 Jul 2025 | CN¥2.4t | CN¥1.1t | CN¥128.5b | 18.4x | 18.3x | 2.2x |
| Tue, 03 Jun 2025 | CN¥2.3t | CN¥1.1t | CN¥128.4b | 19.6x | 18.3x | 2.2x |
| Thu, 01 May 2025 | CN¥2.3t | CN¥1.1t | CN¥127.9b | 17.9x | 17.6x | 2.1x |
| Sat, 29 Mar 2025 | CN¥2.2t | CN¥1.1t | CN¥103.7b | 18.2x | 21.1x | 2x |
| Mon, 24 Feb 2025 | CN¥2.2t | CN¥1.1t | CN¥103.9b | 17.5x | 21x | 2x |
| Wed, 22 Jan 2025 | CN¥2.2t | CN¥1.1t | CN¥103.9b | 17.2x | 21.1x | 2x |
| Fri, 20 Dec 2024 | CN¥2.3t | CN¥1.1t | CN¥105.1b | 18.2x | 21.9x | 2.1x |
| Sun, 17 Nov 2024 | CN¥2.2t | CN¥1.1t | CN¥105.1b | 17.5x | 21.1x | 2x |
| Tue, 15 Oct 2024 | CN¥2.3t | CN¥1.1t | CN¥124.5b | 18.5x | 18.6x | 2.1x |
| Thu, 12 Sep 2024 | CN¥2.1t | CN¥1.1t | CN¥124.6b | 17.3x | 17.1x | 1.9x |
| Sat, 10 Aug 2024 | CN¥2.3t | CN¥1.1t | CN¥118.4b | 17.4x | 19.7x | 2.1x |
| Mon, 08 Jul 2024 | CN¥2.4t | CN¥1.1t | CN¥118.4b | 18.3x | 20.5x | 2.2x |
| Wed, 05 Jun 2024 | CN¥2.3t | CN¥1.1t | CN¥118.4b | 18.5x | 19.8x | 2.1x |
| Fri, 03 May 2024 | CN¥2.2t | CN¥1.1t | CN¥117.2b | 18.7x | 18.8x | 2x |
| Sun, 31 Mar 2024 | CN¥2.2t | CN¥1.1t | CN¥106.6b | 18.4x | 20.2x | 2x |
| Tue, 27 Feb 2024 | CN¥2.1t | CN¥1.1t | CN¥105.7b | 17.4x | 19.4x | 1.9x |
| Thu, 25 Jan 2024 | CN¥2.0t | CN¥1.7t | CN¥344.0b | 17.4x | 5.7x | 1.1x |
| Sat, 23 Dec 2023 | CN¥1.9t | CN¥1.0t | CN¥99.3b | 20.3x | 19.3x | 1.8x |
| Mon, 20 Nov 2023 | CN¥1.9t | CN¥1.0t | CN¥98.6b | 19.9x | 19.1x | 1.8x |
| Wed, 18 Oct 2023 | CN¥1.9t | CN¥1.0t | CN¥76.7b | 21.4x | 24.6x | 1.9x |
| Fri, 15 Sep 2023 | CN¥1.9t | CN¥1.0t | CN¥76.7b | 22.4x | 25.1x | 1.9x |
| Sun, 13 Aug 2023 | CN¥1.9t | CN¥991.1b | CN¥73.3b | 22.9x | 26.2x | 1.9x |
Price to Earnings Ratio
26.2x
Current Industry PE
- Investors are relatively neutral on the Chinese Renewable Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 19.6x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 8.1% 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 | 3.48% | |
| Utilities | -0.78% | |
| Renewable Energy | -1.39% | |
| Independent Power Producers and Energy Traders | -0.66% | |
| Renewable Energy | -1.88% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 21.8x.
- Analysts are expecting annual earnings growth of 8.8%, which is higher than its past year's earnings decline of 5.7% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 17.8x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 9.6% over the next 5 years.
- This is better than its past earnings growth rate of 4.6% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 8.8% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 002015 GCL Energy TechnologyLtd | CN¥16.12 | 13.8% +CN¥3.1b | 39.9% | PE58.1x | |
| 600930 Huadian New Energy Group | CN¥4.30 | 1.7% +CN¥2.9b | -33.4% | PE28x | |
| 600726 Huadian Energy | CN¥6.24 | 5.8% +CN¥2.7b | 142.8% | PE152x | |
| 001258 Xinjiang Lixin Energy | CN¥13.53 | 16.5% +CN¥1.8b | 90.3% | PE125.3x | |
| 000539 Guangdong Electric Power Development | CN¥5.98 | 5.8% +CN¥1.7b | 26.4% | PE37.8x |