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Hong Kong (HSI) Energy Services Industry Analysis

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies16
  • 7D7.7%
  • 3M1.3%
  • 1Y-5.6%
  • YTD1.2%

The Energy Services industry is up 7.3% in the last week, with China Oilfield Services up 13%. In contrast, the industry has lost 7.2% in the last 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024HK$113.2bHK$165.5bHK$2.7b11.7x42x0.7x
Thu, 15 Feb 2024HK$102.0bHK$166.2bHK$2.7b10.6x37.5x0.6x
Sat, 13 Jan 2024HK$108.9bHK$166.6bHK$2.7b12x39.9x0.7x
Mon, 11 Dec 2023HK$108.8bHK$166.4bHK$2.7b12.2x39.9x0.7x
Wed, 08 Nov 2023HK$114.2bHK$164.0bHK$2.7b12x42.5x0.7x
Fri, 06 Oct 2023HK$121.0bHK$161.6bHK$2.7b12.3x45.3x0.7x
Sun, 03 Sep 2023HK$115.3bHK$163.6bHK$2.7b15.2x42.9x0.7x
Tue, 01 Aug 2023HK$118.8bHK$160.4bHK$1.6b14.7x73.5x0.7x
Thu, 29 Jun 2023HK$105.2bHK$159.0bHK$1.6b12.4x65.6x0.7x
Sat, 27 May 2023HK$110.4bHK$163.0bHK$1.6b13x67.4x0.7x
Mon, 24 Apr 2023HK$123.3bHK$162.7bHK$1.5b13.9x82x0.8x
Wed, 22 Mar 2023HK$119.7bHK$160.8b-HK$1,095,128,984.0023x-109.3x0.7x
Fri, 17 Feb 2023HK$122.4bHK$161.2b-HK$1,094,641,569.0023x-111.8x0.8x
Sun, 15 Jan 2023HK$126.8bHK$163.9b-HK$1,113,753,728.0023.3x-113.9x0.8x
Tue, 13 Dec 2022HK$120.3bHK$157.0b-HK$1,066,689,692.0021.7x-112.8x0.8x
Thu, 10 Nov 2022HK$117.6bHK$152.7b-HK$1,037,434,245.0023x-113.3x0.8x
Sat, 08 Oct 2022HK$107.4bHK$150.9b-HK$1,473,397,270.0024.2x-72.9x0.7x
Mon, 05 Sep 2022HK$113.7bHK$154.5b-HK$1,754,338,798.0035.3x-64.8x0.7x
Wed, 03 Aug 2022HK$105.7bHK$155.2b-HK$841,700,935.0044x-125.6x0.7x
Fri, 01 Jul 2022HK$112.9bHK$156.7b-HK$850,191,985.0048x-132.8x0.7x
Sun, 29 May 2022HK$82.6bHK$74.4b-HK$947,225,964.0032.4x-87.2x1.1x
Tue, 26 Apr 2022HK$103.8bHK$159.4b-HK$947,214,896.0038.7x-109.6x0.7x
Thu, 24 Mar 2022HK$118.1bHK$156.5bHK$3.2b15.5x37.2x0.8x
Sat, 19 Feb 2022HK$132.9bHK$154.9bHK$3.0b15.6x44.5x0.9x
Mon, 17 Jan 2022HK$125.5bHK$154.3bHK$3.0b14.8x42.1x0.8x
Wed, 15 Dec 2021HK$117.3bHK$154.3bHK$3.0b12.5x39.4x0.8x
Fri, 12 Nov 2021HK$122.3bHK$153.5bHK$3.0b13.7x41.3x0.8x
Sun, 10 Oct 2021HK$142.6bHK$151.4bHK$2.5b17.6x56.1x0.9x
Tue, 07 Sep 2021HK$126.7bHK$150.6bHK$2.5b20.6x50.2x0.8x
Thu, 05 Aug 2021HK$105.5bHK$150.6bHK$2.5b19x41.8x0.7x
Sun, 09 May 2021HK$110.5bHK$148.1bHK$2.4b9.8x45.4x0.7x
Price to Earnings Ratio

48.3x


Total Market Cap: HK$117.6bTotal Earnings: HK$2.4bTotal Revenue: HK$148.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Energy Services Industry Price to Earnings3Y Average -3x202220232024
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 41.5x which is higher than its 3-year average PE of -3.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.74x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 3.5% per year over the last three years.
  • Revenues for these companies have grown 3.8% 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 Hong Kong Energy industry?

HK Market1.02%
Energy0.58%
Energy Services7.72%
Oil and Gas Drilling12.79%
Oil and Gas Services1.64%
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 50.8x.
    • Analysts are expecting annual earnings growth of 30.3%, which is lower than the prior year's growth of 175.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 30% over the next 5 years.
  • However this is lower than its past earnings growth rate of 176% per year.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 14% 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
2883 China Oilfield ServicesHK$7.8512.8%
+HK$4.2b
-2.7%PE13.5x
1033 Sinopec Oilfield ServiceHK$0.503.1%
+HK$284.8m
-19.4%PE14x
1623 Hilong HoldingHK$0.2315.3%
+HK$52.6m
3.5%PE1.6x
3337 Anton Oilfield Services GroupHK$0.423.7%
+HK$45.1m
3.7%PE3.9x
1960 TBK & Sons HoldingsHK$0.307.0%
+HK$20.0m
-23.8%PS1.4x
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Latest News

3337

HK$0.42

Anton Oilfield Services Group

7D

3.7%

1Y

3.7%

1080

HK$0.042

Shengli Oil & Gas Pipe Holdings

7D

-2.3%

1Y

-44.0%

1938

HK$0.20

Chu Kong Petroleum and Natural Gas Steel Pipe Holdings

7D

7.4%

1Y

32.7%

568

HK$1.91

Shandong Molong Petroleum Machinery

7D

-1.0%

1Y

-27.1%

1586

HK$1.49

China Leon Inspection Holding

7D

-0.7%

1Y

7.8%

2178

HK$0.07

Petro-king Oilfield Services

7D

2.9%

1Y

2.9%

1921

HK$5.50

Dalipal Holdings

7D

-2.7%

1Y

145.5%

1960

HK$0.30

TBK & Sons Holdings

7D

7.0%

1Y

-23.8%