Chinese (SSE) Water Utilities Industry Analysis

Industry Valuation and Performance

Has the Chinese Water Utilities Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 25 May 2026	CN¥211.7b	CN¥94.6b	CN¥12.5b	27x	17x	2.2x
Wed, 22 Apr 2026	CN¥217.9b	CN¥91.7b	CN¥12.1b	24.7x	18x	2.4x
Fri, 20 Mar 2026	CN¥221.0b	CN¥92.5b	CN¥12.4b	25.6x	17.8x	2.4x
Sun, 15 Feb 2026	CN¥217.4b	CN¥92.8b	CN¥12.5b	26x	17.4x	2.3x
Tue, 13 Jan 2026	CN¥221.5b	CN¥92.8b	CN¥12.5b	30x	17.8x	2.4x
Thu, 11 Dec 2025	CN¥218.7b	CN¥92.8b	CN¥12.5b	26.8x	17.5x	2.4x
Sat, 08 Nov 2025	CN¥226.7b	CN¥92.9b	CN¥12.5b	27.9x	18.2x	2.4x
Mon, 06 Oct 2025	CN¥215.7b	CN¥90.8b	CN¥14.0b	29x	15.4x	2.4x
Wed, 03 Sep 2025	CN¥208.2b	CN¥90.7b	CN¥14.0b	26.8x	14.9x	2.3x
Fri, 01 Aug 2025	CN¥204.4b	CN¥90.8b	CN¥13.8b	28x	14.8x	2.3x
Sun, 29 Jun 2025	CN¥198.1b	CN¥90.8b	CN¥13.8b	27.9x	14.4x	2.2x
Tue, 27 May 2025	CN¥199.0b	CN¥90.8b	CN¥13.8b	28.5x	14.4x	2.2x
Thu, 24 Apr 2025	CN¥197.0b	CN¥88.4b	CN¥13.4b	26.1x	14.7x	2.2x
Sat, 22 Mar 2025	CN¥199.2b	CN¥90.3b	CN¥12.5b	26.6x	15.9x	2.2x
Mon, 17 Feb 2025	CN¥195.6b	CN¥89.7b	CN¥12.4b	26.1x	15.8x	2.2x
Wed, 15 Jan 2025	CN¥193.5b	CN¥89.7b	CN¥12.4b	21.5x	15.7x	2.2x
Fri, 13 Dec 2024	CN¥212.6b	CN¥89.7b	CN¥12.4b	24.3x	17.2x	2.4x
Sun, 10 Nov 2024	CN¥211.1b	CN¥89.8b	CN¥12.4b	22.8x	17.1x	2.4x
Tue, 08 Oct 2024	CN¥200.4b	CN¥90.5b	CN¥10.5b	23.4x	19x	2.2x
Thu, 05 Sep 2024	CN¥170.9b	CN¥90.6b	CN¥10.6b	20.7x	16.1x	1.9x
Sat, 03 Aug 2024	CN¥190.1b	CN¥89.8b	CN¥10.8b	18.1x	17.6x	2.1x
Mon, 01 Jul 2024	CN¥182.0b	CN¥89.8b	CN¥10.7b	19x	16.9x	2x
Wed, 29 May 2024	CN¥196.6b	CN¥89.8b	CN¥10.7b	21.1x	18.3x	2.2x
Fri, 26 Apr 2024	CN¥188.1b	CN¥89.1b	CN¥10.7b	16.2x	17.5x	2.1x
Sun, 24 Mar 2024	CN¥182.6b	CN¥89.6b	CN¥11.3b	17.1x	16.2x	2x
Tue, 20 Feb 2024	CN¥179.4b	CN¥90.0b	CN¥11.1b	16.8x	16.1x	2x
Thu, 18 Jan 2024	CN¥188.7b	CN¥90.0b	CN¥11.1b	18.9x	16.9x	2.1x
Sat, 16 Dec 2023	CN¥194.5b	CN¥90.0b	CN¥11.1b	20.4x	17.5x	2.2x
Mon, 13 Nov 2023	CN¥195.0b	CN¥90.0b	CN¥11.1b	19x	17.5x	2.2x
Wed, 11 Oct 2023	CN¥181.1b	CN¥87.5b	CN¥12.1b	17.4x	15x	2.1x
Fri, 08 Sep 2023	CN¥182.0b	CN¥87.5b	CN¥12.1b	17.5x	15.1x	2.1x
Sun, 06 Aug 2023	CN¥194.2b	CN¥87.1b	CN¥12.2b	20.1x	15.9x	2.2x
Tue, 04 Jul 2023	CN¥189.0b	CN¥87.0b	CN¥12.2b	21x	15.5x	2.2x
Thu, 01 Jun 2023	CN¥195.6b	CN¥87.0b	CN¥12.2b	20.8x	16x	2.2x

Current Industry PE

Investors are relatively neutral on the Chinese Water Utilities 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 16.4x.

The industry is trading close to its 3-year average PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Water Utilities industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 2.8% 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?


CN Market	-0.045%
Utilities	-1.85%
Water Utilities	-0.42%
Water	-0.42%

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
000598 Chengdu Xingrong Environment	CN¥6.72	2.9% +CN¥563.7m	-6.5%	PE9.8x
601199 Jiangsu Jiangnan Water	CN¥6.12	3.0% +CN¥168.3m	15.9%	PE15.9x
600167 Luenmei QuantumLtd	CN¥6.84	1.0% +CN¥155.7m	13.1%	PE25.3x
001376 Jiangxi Bestoo EnergyLtd	CN¥13.89	1.8% +CN¥115.2m	14.4%	PE33.3x

Company

Last Price

Valuation

000598 Chengdu Xingrong Environment

CN¥6.72

2.9%
+CN¥563.7m

-6.5%

PE9.8x

601199 Jiangsu Jiangnan Water

CN¥6.12

3.0%
+CN¥168.3m

15.9%

PE15.9x

600167 Luenmei QuantumLtd

CN¥6.84

1.0%
+CN¥155.7m

13.1%

PE25.3x

001376 Jiangxi Bestoo EnergyLtd

CN¥13.89

1.8%
+CN¥115.2m

14.4%

PE33.3x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.0% net profit margin).

Chinese (SSE) Water Utilities Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

New minor risk - Profit margin trend

New minor risk - Dividend sustainability

New minor risk - Financial data availability

Investor sentiment improves as stock rises 18%

First quarter 2026 earnings released: EPS: CN¥0.029 (vs CN¥0.003 in 1Q 2025)

First quarter 2026 earnings released: EPS: CN¥0.03 (vs CN¥0.03 in 1Q 2025)

Full year 2025 earnings: EPS and revenues miss analyst expectations

New major risk - Financial position

Full year 2025 earnings released: EPS: CN¥0.44 (vs CN¥0.41 in FY 2024)

New major risk - Financial position

Full year 2025 earnings: Revenues and EPS in line with analyst expectations

Chongqing Water Group Co.,Ltd., Annual General Meeting, Apr 28, 2026