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Hong Kong (HSI) Energy Sector Analysis
UpdatedDec 11, 2025
DataAggregated Company Financials
Companies50
- 7D-4.6%
- 3M6.9%
- 1Y20.8%
- YTD19.4%
Over the last 7 days, the Energy industry has dropped 4.3%, driven by PetroChina declining 5.6%. In contrast, Dalipal Holdings has gained 6.2%. This takes the industry's 12 month performance to a gain of 22%. Looking forward, earnings are forecast to grow by 3.2% annually.
Sector Valuation and Performance
Has the Hong Kong Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 11 Dec 2025 | HK$5.1t | HK$7.6t | HK$455.7b | 9.4x | 11.2x | 0.7x |
| Sat, 08 Nov 2025 | HK$5.2t | HK$7.6t | HK$451.9b | 10.2x | 11.5x | 0.7x |
| Mon, 06 Oct 2025 | HK$4.5t | HK$7.7t | HK$462.1b | 10.1x | 9.8x | 0.6x |
| Wed, 03 Sep 2025 | HK$4.8t | HK$7.7t | HK$461.9b | 9.7x | 10.4x | 0.6x |
| Fri, 01 Aug 2025 | HK$4.7t | HK$7.9t | HK$491.5b | 9.1x | 9.6x | 0.6x |
| Sun, 29 Jun 2025 | HK$4.6t | HK$7.9t | HK$492.9b | 8.7x | 9.3x | 0.6x |
| Tue, 27 May 2025 | HK$4.5t | HK$7.9t | HK$490.9b | 7.8x | 9.2x | 0.6x |
| Thu, 24 Apr 2025 | HK$4.3t | HK$7.9t | HK$492.1b | 7.8x | 8.7x | 0.5x |
| Sat, 22 Mar 2025 | HK$4.4t | HK$8.0t | HK$487.1b | 9.6x | 9x | 0.5x |
| Mon, 17 Feb 2025 | HK$4.5t | HK$8.0t | HK$487.2b | 9.2x | 9.2x | 0.6x |
| Wed, 15 Jan 2025 | HK$4.7t | HK$7.9t | HK$482.3b | 9.2x | 9.7x | 0.6x |
| Fri, 13 Dec 2024 | HK$4.7t | HK$8.0t | HK$486.0b | 9.2x | 9.7x | 0.6x |
| Sun, 10 Nov 2024 | HK$4.6t | HK$8.1t | HK$492.0b | 9.9x | 9.4x | 0.6x |
| Tue, 08 Oct 2024 | HK$5.2t | HK$8.5t | HK$512.3b | 9.8x | 10.2x | 0.6x |
| Thu, 05 Sep 2024 | HK$4.8t | HK$8.4t | HK$507.4b | 8.4x | 9.4x | 0.6x |
| Sat, 03 Aug 2024 | HK$4.8t | HK$8.3t | HK$491.0b | 7.2x | 9.9x | 0.6x |
| Mon, 01 Jul 2024 | HK$5.3t | HK$8.2t | HK$486.7b | 7.8x | 11x | 0.6x |
| Wed, 29 May 2024 | HK$5.3t | HK$8.3t | HK$489.8b | 7.3x | 10.9x | 0.6x |
| Fri, 26 Apr 2024 | HK$5.2t | HK$8.2t | HK$488.3b | 6.6x | 10.6x | 0.6x |
| Sun, 24 Mar 2024 | HK$4.7t | HK$8.4t | HK$497.0b | 6.5x | 9.5x | 0.6x |
| Tue, 20 Feb 2024 | HK$4.6t | HK$8.5t | HK$501.9b | 6.7x | 9.1x | 0.5x |
| Thu, 18 Jan 2024 | HK$3.9t | HK$8.5t | HK$501.2b | 6.1x | 7.9x | 0.5x |
| Sat, 16 Dec 2023 | HK$3.7t | HK$8.6t | HK$506.1b | 6.4x | 7.3x | 0.4x |
| Mon, 13 Nov 2023 | HK$3.8t | HK$8.4t | HK$493.8b | 6.5x | 7.6x | 0.4x |
| Wed, 11 Oct 2023 | HK$4.0t | HK$8.4t | HK$497.0b | 6.8x | 8.1x | 0.5x |
| Fri, 08 Sep 2023 | HK$4.1t | HK$8.4t | HK$495.9b | 6.7x | 8.3x | 0.5x |
| Sun, 06 Aug 2023 | HK$3.9t | HK$8.7t | HK$534.7b | 7x | 7.2x | 0.4x |
| Tue, 04 Jul 2023 | HK$4.0t | HK$8.7t | HK$530.6b | 7.2x | 7.5x | 0.5x |
| Thu, 01 Jun 2023 | HK$3.9t | HK$8.8t | HK$540.4b | 6.5x | 7.2x | 0.4x |
| Sat, 29 Apr 2023 | HK$4.2t | HK$9.1t | HK$553.2b | 6.5x | 7.7x | 0.5x |
| Mon, 27 Mar 2023 | HK$3.6t | HK$8.9t | HK$521.1b | 6.8x | 6.8x | 0.4x |
| Wed, 22 Feb 2023 | HK$3.4t | HK$8.9t | HK$526.5b | 6.6x | 6.5x | 0.4x |
| Fri, 20 Jan 2023 | HK$3.4t | HK$9.0t | HK$532.7b | 6.4x | 6.3x | 0.4x |
| Sun, 18 Dec 2022 | HK$3.2t | HK$8.7t | HK$515.3b | 7.4x | 6.3x | 0.4x |
Price to Earnings Ratio
6.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.3x which is higher than its 3-year average PE of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Energy industry have declined 4.0% per year over the last three years,
- Revenues have also declined 4.3% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Energy sector?
| HK Market | -1.82% | |
| Energy | -4.56% | |
| Energy Services | -3.12% | |
| Oil and Gas | -4.60% | |
Industry PE
- Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 22.8x.
- Analysts are expecting annual earnings growth of 14.9%, which is higher than its past year's earnings decline of 19.0% per year.
- Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.7x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 2.9% 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 | |
|---|---|---|---|---|---|
| 1921 Dalipal Holdings | HK$7.15 | 6.2% +HK$632.5m | -11.8% | PS2.8x | |
| 1960 TBK & Sons Holdings | HK$0.25 | 19.0% +HK$40.0m | 79.9% | PS1.4x | |
| 554 Hans Group Holdings | HK$0.28 | 1.8% +HK$21.5m | 21.2% | PS0.2x | |
| 3395 JX Energy | HK$0.25 | 12.2% +HK$16.7m | 27.2% | PS4.5x | |
| 1080 Shengli Oil & Gas Pipe Holdings | HK$0.082 | 5.1% +HK$15.5m | 173.3% | PS0.5x |
