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Chinese (SSE) Renewable Energy Industry Analysis

UpdatedJan 27, 2023
DataAggregated Company Financials
Companies51
  • 7D1.7%
  • 3M2.9%
  • 1Y-4.0%
  • YTD-0.05%

Over the last 7 days, the Renewable Energy industry has remained flat, although notably Huaneng Lancang River Hydropower gained 4.0%. As for the longer term, the industry has declined 7.5% in the last year. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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Current Industry PE
  • Investors are optimistic on the Chinese Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.7x which is higher than its 3-year average PE of 21.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 13% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Chinese Utilities industry?

Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 48.5x.
    • Analysts are expecting annual earnings growth of 43.7%, which is higher than its past year's earnings decline of 18.3% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading close to its 3-year average of 20.6x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 13% 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
600021 Shanghai Electric PowerCN„9.822.7%
+CN„732.4m
-21.4%PS0.8x
600157 Wintime EnergyLtdCN„1.571.3%
+CN„444.4m
-6.5%PE19x
600483 Fujian FunengCN„12.191.8%
+CN„430.0m
-3.7%PE13x
875 Jilin Electric PowerLtdCN„6.012.2%
+CN„362.7m
-20.5%PE30.4x
27 Shenzhen Energy GroupCN„6.111.2%
+CN„333.0m
-10.4%PE13.3x
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Latest News

600021

CN„9.82

Shanghai Electric Power

7D

2.7%

1Y

-21.4%

27

CN„6.11

Shenzhen Energy Group

7D

1.2%

1Y

-10.4%

2015

CN„11.04

GCL Energy TechnologyLtd

7D

-1.4%

1Y

-31.2%

543

CN„4.42

An Hui Wenergy

7D

2.1%

1Y

6.5%

603693

CN„13.03

Jiangsu New Energy Development

7D

2.6%

1Y

-25.0%

600483

CN„12.19

Fujian Funeng

7D

1.8%

1Y

-3.7%

600157

CN„1.57

Wintime EnergyLtd

7D

1.3%

1Y

-6.5%

875

CN„6.01

Jilin Electric PowerLtd

7D

2.2%

1Y

-20.5%