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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Sep 2023HK$120.7bHK$162.1bHK$2.7b15.9x44.8x0.7x
Mon, 21 Aug 2023HK$116.4bHK$158.3bHK$1.6b14.9x71.7x0.7x
Wed, 19 Jul 2023HK$113.3bHK$160.1bHK$1.6b14.2x70.3x0.7x
Fri, 16 Jun 2023HK$106.2bHK$160.4bHK$1.6b12.5x65.7x0.7x
Sun, 14 May 2023HK$116.4bHK$165.7bHK$1.7b13.2x70x0.7x
Tue, 11 Apr 2023HK$118.0bHK$163.2bHK$1.5b12.6x78.2x0.7x
Thu, 09 Mar 2023HK$125.7bHK$158.8b-HK$1,081,577,482.0023.5x-116.3x0.8x
Sat, 04 Feb 2023HK$123.9bHK$164.0b-HK$1,113,200,319.0022.1x-111.3x0.8x
Mon, 02 Jan 2023HK$120.6bHK$159.4b-HK$1,082,762,845.0021.7x-111.4x0.8x
Wed, 30 Nov 2022HK$121.1bHK$152.9b-HK$1,037,881,770.0021.9x-116.7x0.8x
Fri, 28 Oct 2022HK$115.9bHK$149.6b-HK$1,461,399,853.0023.3x-79.3x0.8x
Sun, 25 Sep 2022HK$113.3bHK$150.0b-HK$1,483,962,173.0029.6x-76.3x0.8x
Tue, 23 Aug 2022HK$111.2bHK$154.0b-HK$835,105,262.0045.9x-133.2x0.7x
Thu, 21 Jul 2022HK$108.9bHK$155.7b-HK$844,952,122.0046.7x-128.9x0.7x
Sat, 18 Jun 2022HK$117.6bHK$156.7b-HK$850,033,972.0045x-138.3x0.8x
Mon, 16 May 2022HK$104.0bHK$154.8b-HK$828,573,117.0039.3x-125.6x0.7x
Wed, 13 Apr 2022HK$114.5bHK$162.5b-HK$966,559,643.0038.7x-118.5x0.7x
Fri, 11 Mar 2022HK$129.0bHK$156.3bHK$3.0b14.1x42.8x0.8x
Sun, 06 Feb 2022HK$121.8bHK$154.2bHK$3.0b15.2x40.9x0.8x
Tue, 04 Jan 2022HK$126.3bHK$154.5bHK$3.0b13.3x42.3x0.8x
Thu, 02 Dec 2021HK$115.6bHK$154.2bHK$3.0b12.1x38.8x0.7x
Sat, 30 Oct 2021HK$125.8bHK$152.5bHK$2.8b14.7x44.8x0.8x
Mon, 27 Sep 2021HK$134.2bHK$150.8bHK$2.5b14x53.1x0.9x
Wed, 25 Aug 2021HK$111.7bHK$150.6bHK$2.5b20x44.2x0.7x
Thu, 01 Jul 2021HK$118.5bHK$150.6bHK$2.5b22.2x46.9x0.8x
Sun, 04 Apr 2021HK$117.6bHK$148.1bHK$2.4b8.8x48.3x0.8x
Wed, 06 Jan 2021HK$105.4bHK$147.7bHK$3.0b13.9x35.6x0.7x
Sat, 10 Oct 2020HK$92.7bHK$147.2bHK$2.9b14.2x32.5x0.6x
Price to Earnings Ratio

32.5x


Total Market Cap: HK$92.7bTotal Earnings: HK$2.9bTotal Revenue: HK$147.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Energy Services Industry Price to Earnings3Y Average -3.6x202120222023
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%
Energy1.20%
Energy Services-0.26%
Oil and Gas Services3.93%
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?

CompanyLast Price7D1YValuation
1033 Sinopec Oilfield ServiceHK$0.646.7%
+HK$759.4m
28.0%PE19.5x
2236 Wison Engineering ServicesHK$0.388.7%
+HK$122.2m
41.5%PS0.3x
1960 TBK & Sons HoldingsHK$0.4231.3%
+HK$100.0m
-4.5%PE28.2x
1586 China Leon Inspection HoldingHK$1.733.6%
+HK$32.4m
47.5%PE11.4x
1623 Hilong HoldingHK$0.235.9%
+HK$22.1m
-57.6%PE1.6x
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1960

HK$0.42

TBK & Sons Holdings

7D

31.3%

1Y

-4.5%

1080

HK$0.054

Shengli Oil & Gas Pipe Holdings

7D

3.8%

1Y

-47.1%

1251

HK$0.26

SPT Energy Group

7D

-1.9%

1Y

25.0%

568

HK$2.27

Shandong Molong Petroleum Machinery

7D

-3.8%

1Y

-24.8%

196

HK$0.13

Honghua Group

7D

-6.0%

1Y

-35.1%

3337

HK$0.42

Anton Oilfield Services Group

7D

-1.2%

1Y

3.7%

1623

HK$0.23

Hilong Holding

7D

5.9%

1Y

-57.6%

2236

HK$0.38

Wison Engineering Services

7D

8.7%

1Y

41.5%

3303

HK$0.53

Jutal Offshore Oil Services

7D

-1.9%

1Y

-8.6%

2883

HK$9.23

China Oilfield Services

7D

-3.2%

1Y

10.9%

2178

HK$0.07

Petro-king Oilfield Services

7D

1.4%

1Y

-7.9%