China Leon Inspection Holding (HKG:1586) Is Increasing Its Dividend To HK$0.0269
Sep 15
Hong Kong (HSI) Energy Services Industry Analysis
UpdatedSep 23, 2023
DataAggregated Company Financials
Companies16
- 7D-0.3%
- 3M19.5%
- 1Y14.6%
- YTD3.9%
Over the last 7 days, the Energy Services industry has remained flat, although notably Sinopec Oilfield Service gained 6.7%. As for the the longer term, the industry is up 15% over the past 12 months. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Hong Kong Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Sep 2023 | HK$120.7b | HK$162.1b | HK$2.7b | 15.9x | 44.8x | 0.7x |
| Mon, 21 Aug 2023 | HK$116.4b | HK$158.3b | HK$1.6b | 14.9x | 71.7x | 0.7x |
| Wed, 19 Jul 2023 | HK$113.3b | HK$160.1b | HK$1.6b | 14.2x | 70.3x | 0.7x |
| Fri, 16 Jun 2023 | HK$106.2b | HK$160.4b | HK$1.6b | 12.5x | 65.7x | 0.7x |
| Sun, 14 May 2023 | HK$116.4b | HK$165.7b | HK$1.7b | 13.2x | 70x | 0.7x |
| Tue, 11 Apr 2023 | HK$118.0b | HK$163.2b | HK$1.5b | 12.6x | 78.2x | 0.7x |
| Thu, 09 Mar 2023 | HK$125.7b | HK$158.8b | -HK$1,081,577,482.00 | 23.5x | -116.3x | 0.8x |
| Sat, 04 Feb 2023 | HK$123.9b | HK$164.0b | -HK$1,113,200,319.00 | 22.1x | -111.3x | 0.8x |
| Mon, 02 Jan 2023 | HK$120.6b | HK$159.4b | -HK$1,082,762,845.00 | 21.7x | -111.4x | 0.8x |
| Wed, 30 Nov 2022 | HK$121.1b | HK$152.9b | -HK$1,037,881,770.00 | 21.9x | -116.7x | 0.8x |
| Fri, 28 Oct 2022 | HK$115.9b | HK$149.6b | -HK$1,461,399,853.00 | 23.3x | -79.3x | 0.8x |
| Sun, 25 Sep 2022 | HK$113.3b | HK$150.0b | -HK$1,483,962,173.00 | 29.6x | -76.3x | 0.8x |
| Tue, 23 Aug 2022 | HK$111.2b | HK$154.0b | -HK$835,105,262.00 | 45.9x | -133.2x | 0.7x |
| Thu, 21 Jul 2022 | HK$108.9b | HK$155.7b | -HK$844,952,122.00 | 46.7x | -128.9x | 0.7x |
| Sat, 18 Jun 2022 | HK$117.6b | HK$156.7b | -HK$850,033,972.00 | 45x | -138.3x | 0.8x |
| Mon, 16 May 2022 | HK$104.0b | HK$154.8b | -HK$828,573,117.00 | 39.3x | -125.6x | 0.7x |
| Wed, 13 Apr 2022 | HK$114.5b | HK$162.5b | -HK$966,559,643.00 | 38.7x | -118.5x | 0.7x |
| Fri, 11 Mar 2022 | HK$129.0b | HK$156.3b | HK$3.0b | 14.1x | 42.8x | 0.8x |
| Sun, 06 Feb 2022 | HK$121.8b | HK$154.2b | HK$3.0b | 15.2x | 40.9x | 0.8x |
| Tue, 04 Jan 2022 | HK$126.3b | HK$154.5b | HK$3.0b | 13.3x | 42.3x | 0.8x |
| Thu, 02 Dec 2021 | HK$115.6b | HK$154.2b | HK$3.0b | 12.1x | 38.8x | 0.7x |
| Sat, 30 Oct 2021 | HK$125.8b | HK$152.5b | HK$2.8b | 14.7x | 44.8x | 0.8x |
| Mon, 27 Sep 2021 | HK$134.2b | HK$150.8b | HK$2.5b | 14x | 53.1x | 0.9x |
| Wed, 25 Aug 2021 | HK$111.7b | HK$150.6b | HK$2.5b | 20x | 44.2x | 0.7x |
| Thu, 01 Jul 2021 | HK$118.5b | HK$150.6b | HK$2.5b | 22.2x | 46.9x | 0.8x |
| Sun, 04 Apr 2021 | HK$117.6b | HK$148.1b | HK$2.4b | 8.8x | 48.3x | 0.8x |
| Wed, 06 Jan 2021 | HK$105.4b | HK$147.7b | HK$3.0b | 13.9x | 35.6x | 0.7x |
| Sat, 10 Oct 2020 | HK$92.7b | HK$147.2b | HK$2.9b | 14.2x | 32.5x | 0.6x |
Price to Earnings Ratio
32.5x
Current Industry PE
- Investors are optimistic on the Hong Kong Energy Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.8x which is higher than its 3-year average PE of -3.6x.
- The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.3% 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 Hong Kong Energy industry?
| HK Market | -0.22% | |
| Energy | 1.20% | |
| Energy Services | -0.26% | |
| Oil and Gas Services | 3.93% | |
| Oil and Gas Drilling | -3.25% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry even though it's trading below its 3-year average PE ratio of 50.1x.
- Analysts are expecting annual earnings growth of 24.4%, which is lower than the prior year's growth of 318.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 24% over the next 5 years.
- In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 9.4% 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 | |
|---|---|---|---|---|---|
| 1033 Sinopec Oilfield Service | HK$0.64 | 6.7% +HK$759.4m | 28.0% | PE19.5x | |
| 2236 Wison Engineering Services | HK$0.38 | 8.7% +HK$122.2m | 41.5% | PS0.3x | |
| 1960 TBK & Sons Holdings | HK$0.42 | 31.3% +HK$100.0m | -4.5% | PE28.2x | |
| 1586 China Leon Inspection Holding | HK$1.73 | 3.6% +HK$32.4m | 47.5% | PE11.4x | |
| 1623 Hilong Holding | HK$0.23 | 5.9% +HK$22.1m | -57.6% | PE1.6x |
