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Chinese (SSE) Water Utilities Industry Analysis

UpdatedMay 08, 2024
DataAggregated Company Financials
Companies22
  • 7D2.2%
  • 3M10.6%
  • 1Y-4.6%
  • YTD-0.6%

Last week, the Water Utilities industry hasn't moved much but Chengdu Xingrong Environment is up 4.1% in that time. Unfortunately though, the industry is down 5.0% over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 May 2024CN¥194.1bCN¥89.8bCN¥10.7b20.5x18.1x2.2x
Fri, 05 Apr 2024CN¥185.7bCN¥89.0bCN¥10.5b19.4x17.7x2.1x
Sun, 03 Mar 2024CN¥181.5bCN¥89.7bCN¥11.3b17.5x16.1x2x
Tue, 30 Jan 2024CN¥188.4bCN¥90.0bCN¥11.1b18.3x16.9x2.1x
Thu, 28 Dec 2023CN¥189.9bCN¥90.0bCN¥11.1b20.7x17x2.1x
Sat, 25 Nov 2023CN¥195.7bCN¥90.0bCN¥11.2b19.2x17.5x2.2x
Mon, 23 Oct 2023CN¥176.4bCN¥87.5bCN¥12.1b16.7x14.6x2x
Wed, 20 Sep 2023CN¥188.0bCN¥87.5bCN¥12.1b17.6x15.6x2.1x
Fri, 18 Aug 2023CN¥189.8bCN¥87.0bCN¥12.2b19.5x15.6x2.2x
Sun, 16 Jul 2023CN¥187.4bCN¥87.0bCN¥12.2b20.9x15.4x2.2x
Tue, 13 Jun 2023CN¥187.5bCN¥87.0bCN¥12.2b21.3x15.4x2.2x
Thu, 11 May 2023CN¥192.3bCN¥86.7bCN¥12.1b18.7x15.9x2.2x
Sat, 08 Apr 2023CN¥186.9bCN¥85.9bCN¥10.6b16.7x17.7x2.2x
Mon, 06 Mar 2023CN¥183.6bCN¥83.4bCN¥10.5b16.9x17.4x2.2x
Wed, 01 Feb 2023CN¥181.4bCN¥83.1bCN¥9.2b16.5x19.8x2.2x
Fri, 30 Dec 2022CN¥175.4bCN¥83.1bCN¥9.2b15.9x19.1x2.1x
Sun, 27 Nov 2022CN¥181.6bCN¥83.1bCN¥9.2b16.7x19.8x2.2x
Tue, 25 Oct 2022CN¥176.2bCN¥83.7bCN¥8.4b15.2x21.1x2.1x
Thu, 22 Sep 2022CN¥180.7bCN¥83.7bCN¥8.4b15.1x21.6x2.2x
Sat, 20 Aug 2022CN¥193.0bCN¥82.8bCN¥9.2b17.2x20.9x2.3x
Mon, 18 Jul 2022CN¥191.2bCN¥82.7bCN¥9.2b16.2x20.7x2.3x
Wed, 15 Jun 2022CN¥192.8bCN¥82.7bCN¥9.2b16.4x20.9x2.3x
Fri, 13 May 2022CN¥185.0bCN¥82.6bCN¥9.4b16.9x19.8x2.2x
Sun, 10 Apr 2022CN¥197.2bCN¥81.5bCN¥10.1b19.5x19.5x2.4x
Tue, 08 Mar 2022CN¥211.2bCN¥78.6bCN¥9.7b21.1x21.7x2.7x
Thu, 03 Feb 2022CN¥205.5bCN¥78.1bCN¥9.7b21.3x21.1x2.6x
Sat, 01 Jan 2022CN¥223.7bCN¥78.1bCN¥9.7b22.8x23x2.9x
Mon, 29 Nov 2021CN¥217.4bCN¥78.1bCN¥9.7b22.5x22.3x2.8x
Wed, 27 Oct 2021CN¥213.3bCN¥75.1bCN¥9.8b20x21.8x2.8x
Fri, 24 Sep 2021CN¥248.8bCN¥76.7bCN¥8.9b22.1x28.1x3.2x
Sun, 22 Aug 2021CN¥219.3bCN¥77.1bCN¥9.0b20.2x24.5x2.8x
Fri, 09 Jul 2021CN¥204.4bCN¥75.5bCN¥8.6b19.9x23.9x2.7x
Price to Earnings Ratio

29.7x


Total Market Cap: CN¥221.4bTotal Earnings: CN¥7.5bTotal Revenue: CN¥72.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Water Utilities Industry Price to Earnings3Y Average 19.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Chinese Water Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.7x which is lower than its 3-year average PE of 19.7x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Water Utilities industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 7.3% 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 Market2.10%
Utilities0.19%
Water Utilities2.17%
Water2.17%
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?

CompanyLast Price7D1YValuation
1376 Jiangxi Bestoo EnergyLtdCN¥21.2711.7%
+CN¥1.0b		n/aPE74.6x
598 Chengdu Xingrong EnvironmentCN¥7.444.3%
+CN¥920.1m		31.2%PE11.5x
600167 Luenmei QuantumLtdCN¥6.134.1%
+CN¥543.1m		-9.7%PE18.9x
600461 Jiangxi Hongcheng EnvironmentLtdCN¥10.644.2%
+CN¥527.4m		27.3%PE11.8x
3039 Guangdong Shunkong DevelopmentLtdCN¥14.272.3%
+CN¥197.6m		-13.4%PE33.3x
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Latest News

1376

CN¥21.27

Jiangxi Bestoo EnergyLtd

7D

11.7%

1Y

n/a

Optimistic Investors Push Jiangxi Bestoo Energy Co.,Ltd. (SZSE:001376) Shares Up 25% But Growth Is Lacking

May 07
Optimistic Investors Push Jiangxi Bestoo Energy Co.,Ltd. (SZSE:001376) Shares Up 25% But Growth Is Lacking

600167

CN¥6.13

Luenmei QuantumLtd

7D

4.1%

1Y

-9.7%

Luenmei QuantumLtd's (SHSE:600167) Conservative Accounting Might Explain Soft Earnings

May 06
Luenmei QuantumLtd's (SHSE:600167) Conservative Accounting Might Explain Soft Earnings

598

CN¥7.44

Chengdu Xingrong Environment

7D

4.3%

1Y

31.2%

We Think Chengdu Xingrong Environment (SZSE:000598) Is Taking Some Risk With Its Debt

May 06
We Think Chengdu Xingrong Environment (SZSE:000598) Is Taking Some Risk With Its Debt

300262

CN¥1.31

SafBon Water Service (Holding)Shanghai

7D

-36.1%

1Y

-51.1%

603291

CN¥14.06

Jiangsu United Water TechnologyLtd

7D

-2.4%

1Y

6.1%

600461

CN¥10.64

Jiangxi Hongcheng EnvironmentLtd

7D

4.2%

1Y

27.3%

3039

CN¥14.27

Guangdong Shunkong DevelopmentLtd

7D

2.3%

1Y

-13.4%

603759

CN¥7.13

Haitian Water GroupLtd

7D

3.8%

1Y

-21.8%

300055

CN¥5.00

Beijing Water Business Doctor

7D

2.9%

1Y

-38.7%

605028

CN¥16.02

Ningbo Shimao EnergyLtd

7D

4.0%

1Y

-4.6%

We Think That There Are More Issues For Ningbo Shimao EnergyLtd (SHSE:605028) Than Just Sluggish Earnings

Mar 30
We Think That There Are More Issues For Ningbo Shimao EnergyLtd (SHSE:605028) Than Just Sluggish Earnings