China Shenhua Energy's (HKG:1088) Shareholders Have More To Worry About Than Only Soft Earnings
Apr 06
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- 7D0.03%
- 3M24.7%
- 1Y69.0%
- YTD21.6%
Over the last 7 days, the Oil and Gas industry has dropped 3.2%, driven by a pullback from CNOOC of 7.0%. Over the past 12 months, the industry was up 52%. Looking forward, earnings are forecast to grow by 5.0% annually.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 07 Apr 2026 | HK$6.4t | HK$7.7t | HK$457.6b | 14x | 14x | 0.8x |
| Thu, 05 Mar 2026 | HK$6.6t | HK$7.7t | HK$463.1b | 12.5x | 14.3x | 0.9x |
| Sat, 31 Jan 2026 | HK$5.7t | HK$7.6t | HK$459.5b | 10.2x | 12.4x | 0.8x |
| Mon, 29 Dec 2025 | HK$5.0t | HK$7.5t | HK$453.6b | 9.4x | 11.1x | 0.7x |
| Wed, 26 Nov 2025 | HK$5.1t | HK$7.4t | HK$448.9b | 9.6x | 11.3x | 0.7x |
| Fri, 24 Oct 2025 | HK$4.8t | HK$7.5t | HK$456.6b | 9.3x | 10.6x | 0.6x |
| Sun, 21 Sep 2025 | HK$4.5t | HK$7.5t | HK$457.3b | 8.4x | 9.8x | 0.6x |
| Tue, 19 Aug 2025 | HK$4.5t | HK$7.7t | HK$486.0b | 8.5x | 9.3x | 0.6x |
| Thu, 17 Jul 2025 | HK$4.6t | HK$7.7t | HK$488.0b | 8.4x | 9.3x | 0.6x |
| Sat, 14 Jun 2025 | HK$4.6t | HK$7.7t | HK$487.1b | 8.6x | 9.5x | 0.6x |
| Mon, 12 May 2025 | HK$4.2t | HK$7.6t | HK$479.2b | 6.8x | 8.8x | 0.6x |
| Wed, 09 Apr 2025 | HK$4.1t | HK$7.7t | HK$484.7b | 6.2x | 8.4x | 0.5x |
| Fri, 07 Mar 2025 | HK$4.1t | HK$7.8t | HK$482.7b | 8.4x | 8.5x | 0.5x |
| Sun, 02 Feb 2025 | HK$4.4t | HK$7.8t | HK$483.7b | 8.8x | 9.2x | 0.6x |
| Tue, 31 Dec 2024 | HK$4.7t | HK$7.8t | HK$478.6b | 9.6x | 9.8x | 0.6x |
| Thu, 28 Nov 2024 | HK$4.4t | HK$7.8t | HK$484.1b | 9.3x | 9.1x | 0.6x |
| Sat, 26 Oct 2024 | HK$4.7t | HK$8.2t | HK$499.8b | 8.9x | 9.3x | 0.6x |
| Mon, 23 Sep 2024 | HK$4.5t | HK$8.3t | HK$507.2b | 8.3x | 8.9x | 0.5x |
| Wed, 21 Aug 2024 | HK$4.8t | HK$8.2t | HK$490.2b | 6.2x | 9.8x | 0.6x |
| Fri, 19 Jul 2024 | HK$5.1t | HK$8.1t | HK$483.1b | 6.9x | 10.5x | 0.6x |
| Sun, 16 Jun 2024 | HK$5.1t | HK$8.1t | HK$484.9b | 7.1x | 10.5x | 0.6x |
| Tue, 14 May 2024 | HK$5.1t | HK$8.1t | HK$486.3b | 6.9x | 10.4x | 0.6x |
| Thu, 11 Apr 2024 | HK$5.0t | HK$8.1t | HK$487.7b | 6.3x | 10.2x | 0.6x |
| Sat, 09 Mar 2024 | HK$4.7t | HK$8.3t | HK$500.2b | 6.6x | 9.5x | 0.6x |
| Mon, 05 Feb 2024 | HK$4.2t | HK$8.3t | HK$498.7b | 6.3x | 8.4x | 0.5x |
| Wed, 03 Jan 2024 | HK$3.8t | HK$8.4t | HK$501.6b | 6.4x | 7.7x | 0.5x |
| Fri, 01 Dec 2023 | HK$3.8t | HK$8.4t | HK$501.5b | 6.2x | 7.5x | 0.4x |
| Sun, 29 Oct 2023 | HK$3.8t | HK$8.2t | HK$489.5b | 6.5x | 7.7x | 0.5x |
| Tue, 26 Sep 2023 | HK$4.0t | HK$8.2t | HK$493.4b | 6.5x | 8x | 0.5x |
| Thu, 24 Aug 2023 | HK$3.8t | HK$8.4t | HK$519.9b | 7x | 7.3x | 0.4x |
| Sat, 22 Jul 2023 | HK$3.9t | HK$8.6t | HK$532.8b | 6.4x | 7.3x | 0.5x |
| Mon, 19 Jun 2023 | HK$3.9t | HK$8.6t | HK$536.1b | 6.5x | 7.2x | 0.4x |
| Wed, 17 May 2023 | HK$4.1t | HK$8.8t | HK$549.8b | 6.5x | 7.4x | 0.5x |
| Fri, 14 Apr 2023 | HK$3.8t | HK$9.0t | HK$557.2b | 5.8x | 6.8x | 0.4x |
Price to Earnings Ratio
6.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Oil and Gas industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.0x which is higher than its 3-year average PE of 9.3x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have declined 6.3% per year over the last three years,
- Revenues have also declined 5.1% 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 industry?
| HK Market | 1.56% | |
| Energy | 0.085% | |
| Oil and Gas | 0.032% | |
| Oil and Gas Storage and Transportation | 5.82% | |
| Coal and Fuels | 1.20% | |
| Integrated Oil and Gas | 0.65% | |
| Oil and Gas Refining and Marketing | -1.50% | |
| Oil and Gas Exploration and Production | -3.46% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 16.3x.
- Analysts are expecting annual earnings growth of 25.1%, which is higher than its past year's earnings decline of 1.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 1.8% per year.
- In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings grow by 2.0% 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 | |
|---|---|---|---|---|---|
| 386 China Petroleum & Chemical | HK$4.59 | 2.2% +HK$12.1b | 19.8% | PE15x | |
| 1088 China Shenhua Energy | HK$46.58 | 1.0% +HK$9.8b | 50.7% | PE16x | |
| 1138 COSCO SHIPPING Energy Transportation | HK$19.41 | 8.3% +HK$8.1b | 265.5% | PE23.1x | |
| 1898 China Coal Energy | HK$13.59 | 3.0% +HK$5.2b | 79.8% | PE8.8x | |
| 857 PetroChina | HK$10.77 | 0.2% +HK$3.7b | 96.9% | PE11x |
