Has the Chinese Water Utilities Industry valuation changed over the past few years?
|Wed, 08 Dec 2021||CN¥218.8b||CN¥78.1b||CN¥9.7b||21.7x|
|Fri, 05 Nov 2021||CN¥210.1b||CN¥78.1b||CN¥9.7b||23.5x|
|Sun, 03 Oct 2021||CN¥232.9b||CN¥76.6b||CN¥8.8b||21.6x|
|Tue, 31 Aug 2021||CN¥228.4b||CN¥77.1b||CN¥9.0b||21x|
|Wed, 07 Jul 2021||CN¥204.4b||CN¥75.5b||CN¥8.6b||19.9x|
|Sat, 10 Apr 2021||CN¥223.5b||CN¥72.6b||CN¥7.5b||18.2x|
|Fri, 01 Jan 2021||CN¥180.0b||CN¥66.7b||CN¥6.3b||18x|
|Mon, 05 Oct 2020||CN¥187.8b||CN¥63.7b||CN¥8.3b||17.5x|
|Thu, 09 Jul 2020||CN¥175.7b||CN¥61.2b||CN¥7.5b||20.8x|
|Wed, 01 Apr 2020||CN¥172.1b||CN¥60.2b||CN¥7.3b||19.9x|
|Sat, 04 Jan 2020||CN¥178.9b||CN¥59.2b||CN¥7.8b||19.3x|
|Tue, 08 Oct 2019||CN¥170.5b||CN¥56.9b||CN¥8.5b||18.9x|
|Mon, 01 Jul 2019||CN¥176.6b||CN¥56.0b||CN¥8.3b||18.3x|
|Thu, 04 Apr 2019||CN¥191.4b||CN¥54.6b||CN¥8.0b||26.1x|
|Sun, 06 Jan 2019||CN¥151.1b||CN¥53.6b||CN¥7.4b||18.8x|
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 19.7x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Water Utilities industry have grown 9.4% per year over the last three years, and revenues for these companies have grown 13% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Chinese Water Utilities industry?
Industry PE: Investors are most optimistic about the Water industry, which is trading close to its 3-year average PE ratio of 19.7x. However analysts are expecting annual earnings growth of 9.3%, which is lower than the prior year's growth of 13% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Water industry, expecting annual earnings growth of 9.3% over the next 5 years. However this is lower than its past earnings growth rate of 13% per year.
Which companies have driven the market over the last 7 days?
|685 Zhongshan Public Utilities GroupLtd||4.3%+CN¥545.8m||5.7%||PE8.8x|
|600167 Luenmei QuantumLtd||2.9%+CN¥544.2m||-33.8%||PE15.2x|
|601199 Jiangsu Jiangnan Water||10.4%+CN¥533.1m||51.9%||PE19x|
|600864 Harbin Hatou InvestmentLtd||3.3%+CN¥395.3m||-12.5%||PE74.2x|
|600008 Beijing Capital Eco-environment Protection Groupltd||1.5%+CN¥367.0m||13.2%||PE10x|
Jiangsu Jiangnan Water
Chengdu Xingrong Environment
Chongqing Water GroupLtd
Tianjin Binhai Energy & DevelopmentLtd
Zhongshan Public Utilities GroupLtd
Ningbo Shimao EnergyLtd
Beijing Water Business Doctor
Harbin Hatou InvestmentLtd
Haitian Water GroupLtd
Guangdong Shunkong Development