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Hong Kong (HSI) Energy Services Industry Analysis

UpdatedOct 01, 2022
DataAggregated Company Financials
Companies16
  • 7D-7.3%
  • 3M-10.7%
  • 1Y-19.5%
  • YTD-11.2%

Over the last 7 days, the Energy Services industry has dropped 7.3%, driven by a pullback from China Oilfield Services of 6.4%. Meanwhile, Petro-king Oilfield Services actually outperformed within the industry, gaining 11% in the last week. Overall the industry is down 20% in 12 months. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Hong Kong Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 02 Oct 2022HK$105.7bHK$150.7b-HK$1,472,013,450.0023.4x-71.8x0.7x
Tue, 30 Aug 2022HK$116.1bHK$156.6b-HK$719,251,008.0045.2x-161.5x0.7x
Thu, 28 Jul 2022HK$108.5bHK$155.3b-HK$842,331,719.0047.3x-128.8x0.7x
Sat, 25 Jun 2022HK$110.4bHK$156.8b-HK$850,855,631.0047x-129.8x0.7x
Mon, 23 May 2022HK$108.3bHK$156.9b-HK$851,423,054.0040x-127.2x0.7x
Wed, 20 Apr 2022HK$117.6bHK$162.7b-HK$967,453,165.0039.7x-121.5x0.7x
Fri, 18 Mar 2022HK$114.1bHK$155.5bHK$3.0b12.8x38.1x0.7x
Sun, 13 Feb 2022HK$133.2bHK$154.5bHK$3.0b16x44.7x0.9x
Tue, 11 Jan 2022HK$126.4bHK$153.9bHK$3.0b13.8x42.6x0.8x
Thu, 09 Dec 2021HK$118.0bHK$154.1bHK$3.0b12.5x39.7x0.8x
Sat, 06 Nov 2021HK$119.9bHK$153.2bHK$3.0b13.4x40.6x0.8x
Mon, 04 Oct 2021HK$134.6bHK$151.4bHK$2.5b16.4x53x0.9x
Wed, 01 Sep 2021HK$118.3bHK$150.6bHK$2.5b20.7x46.8x0.8x
Thu, 08 Jul 2021HK$118.5bHK$150.6bHK$2.5b22.2x46.9x0.8x
Wed, 31 Mar 2021HK$117.6bHK$148.1bHK$2.4b8.8x48.3x0.8x
Sat, 02 Jan 2021HK$105.4bHK$147.7bHK$3.0b13.9x35.6x0.7x
Tue, 06 Oct 2020HK$92.7bHK$147.2bHK$2.9b14.2x32.5x0.6x
Fri, 10 Jul 2020HK$96.7bHK$144.2bHK$4.4b14.8x22.1x0.7x
Thu, 02 Apr 2020HK$95.9bHK$143.9bHK$5.0b10.9x19.1x0.7x
Sun, 05 Jan 2020HK$144.7bHK$146.0bHK$4.8b16.4x30.3x1x
Wed, 09 Oct 2019HK$112.5bHK$136.7bHK$3.7b21x30.7x0.8x
Price to Earnings Ratio

30.7x


Total Market Cap: HK$112.5bTotal Earnings: HK$3.7bTotal Revenue: HK$136.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Energy Services Industry Price to Earnings3Y Average 9.4x202020212022
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Energy Services 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 PS ratio of 0.77x.
Past Earnings Growth
  • Total earnings for the Energy Services industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Energy industry?

HK Market-4.44%
Energy-5.38%
Energy Services-7.26%
Oil and Gas Drilling-6.37%
Oil and Gas Services-8.45%
Industry PE
  • Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio of 41.3x.
    • Analysts are expecting annual earnings growth of 30.6%, which is higher than its past year's earnings decline of 65.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings decline of 44% per year.
  • In contrast, the Oil and Gas Drilling industry is expected to see its earnings grow by 31% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2178 Petro-king Oilfield ServicesHK$0.08410.5%
+HK$13.8m
-16.0%PS0.9x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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