China Coal Energy Company Limited's (HKG:1898) Price Is Right But Growth Is Lacking
Nov 15
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Hong Kong (HSI) Coal and Fuels Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies11
- 7D3.5%
- 3M1.9%
- 1Y28.7%
- YTDn/a
Over the last 7 days, the Coal and Fuels industry has risen 2.5%, driven by gains from China Shenhua Energy of 3.7%. This means that the industry has gained 29% over the past year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Industry Valuation and Performance
Has the Hong Kong Coal and Fuels Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | HK$1.2t | HK$716.4b | HK$99.4b | 7.1x | 11.8x | 1.6x |
| Sat, 19 Oct 2024 | HK$1.2t | HK$732.3b | HK$100.3b | 6.8x | 12.3x | 1.7x |
| Mon, 16 Sep 2024 | HK$1.1t | HK$735.7b | HK$100.9b | 5.6x | 10.8x | 1.5x |
| Wed, 14 Aug 2024 | HK$1.1t | HK$741.2b | HK$101.5b | 5.9x | 11.2x | 1.5x |
| Fri, 12 Jul 2024 | HK$1.2t | HK$733.1b | HK$100.3b | 5.9x | 11.7x | 1.6x |
| Sun, 09 Jun 2024 | HK$1.3t | HK$735.3b | HK$101.8b | 6.5x | 12.6x | 1.7x |
| Tue, 07 May 2024 | HK$1.2t | HK$739.0b | HK$102.3b | 6.2x | 11.3x | 1.6x |
| Thu, 04 Apr 2024 | HK$1.2t | HK$729.3b | HK$108.1b | 5.7x | 10.7x | 1.6x |
| Sat, 02 Mar 2024 | HK$1.2t | HK$800.2b | HK$107.6b | 6x | 10.7x | 1.4x |
| Mon, 29 Jan 2024 | HK$1.1t | HK$804.3b | HK$108.2b | 5.7x | 10x | 1.3x |
| Wed, 27 Dec 2023 | HK$951.9b | HK$805.3b | HK$108.3b | 5.6x | 8.8x | 1.2x |
| Fri, 24 Nov 2023 | HK$911.1b | HK$803.5b | HK$108.0b | 5x | 8.4x | 1.1x |
| Sun, 22 Oct 2023 | HK$885.8b | HK$819.4b | HK$118.0b | 4.5x | 7.5x | 1.1x |
| Tue, 19 Sep 2023 | HK$908.6b | HK$820.5b | HK$118.2b | 4.5x | 7.7x | 1.1x |
| Thu, 17 Aug 2023 | HK$789.8b | HK$849.7b | HK$136.4b | 2.6x | 5.8x | 0.9x |
| Sat, 15 Jul 2023 | HK$872.4b | HK$867.1b | HK$139.2b | 2.3x | 6.3x | 1x |
| Mon, 12 Jun 2023 | HK$882.1b | HK$870.5b | HK$138.8b | 3.7x | 6.4x | 1x |
| Wed, 10 May 2023 | HK$1.0t | HK$895.1b | HK$143.0b | 4.3x | 7x | 1.1x |
| Fri, 07 Apr 2023 | HK$898.4b | HK$897.5b | HK$144.1b | 3.7x | 6.2x | 1x |
| Sun, 05 Mar 2023 | HK$915.6b | HK$923.1b | HK$150.5b | 3.4x | 6.1x | 1x |
| Tue, 31 Jan 2023 | HK$917.5b | HK$941.2b | HK$153.7b | 3.4x | 6x | 1x |
| Thu, 29 Dec 2022 | HK$894.0b | HK$905.9b | HK$147.9b | 3.6x | 6x | 1x |
| Sat, 26 Nov 2022 | HK$942.6b | HK$886.0b | HK$144.6b | 3.8x | 6.5x | 1.1x |
| Mon, 24 Oct 2022 | HK$972.4b | HK$879.8b | HK$132.0b | 4.2x | 7.4x | 1.1x |
| Wed, 21 Sep 2022 | HK$1.0t | HK$908.4b | HK$136.4b | 4.7x | 7.7x | 1.2x |
| Fri, 19 Aug 2022 | HK$969.3b | HK$893.8b | HK$115.7b | 5x | 8.4x | 1.1x |
| Sun, 17 Jul 2022 | HK$949.1b | HK$897.7b | HK$116.2b | 4.4x | 8.2x | 1.1x |
| Tue, 14 Jun 2022 | HK$1.1t | HK$904.0b | HK$116.9b | 5.7x | 9.5x | 1.2x |
| Thu, 12 May 2022 | HK$934.4b | HK$892.6b | HK$106.0b | 6.8x | 8.8x | 1x |
| Sat, 09 Apr 2022 | HK$1.0t | HK$904.3b | HK$98.3b | 8x | 10.4x | 1.1x |
| Mon, 07 Mar 2022 | HK$930.2b | HK$858.3b | HK$87.6b | 7.9x | 10.6x | 1.1x |
| Wed, 02 Feb 2022 | HK$731.2b | HK$815.7b | HK$87.3b | 5.6x | 8.4x | 0.9x |
| Fri, 31 Dec 2021 | HK$718.5b | HK$814.7b | HK$87.2b | 5.3x | 8.2x | 0.9x |
| Sun, 28 Nov 2021 | HK$656.1b | HK$812.0b | HK$86.9b | 4.1x | 7.6x | 0.8x |
Price to Earnings Ratio
7.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Coal and Consumable Fuels industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.8x which is higher than its 3-year average PE of 8.7x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Coal and Consumable Fuels industry have grown 4.6% per year over the last three years.
- Meanwhile revenues for these companies have declined 4.1% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Coal and Fuels compare with similar industries?
| HK Market | 0.42% | |
| Energy | 1.60% | |
| Oil and Gas | 1.62% | |
| Coal and Fuels | 3.53% | |
| Oil and Gas Refining and Marketing | 1.76% | |
| Integrated Oil and Gas | 1.15% | |
| Oil and Gas Exploration and Production | 0.48% | |
| Oil and Gas Storage and Transportation | 0.13% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1088 China Shenhua Energy | HK$33.05 | 4.4% +HK$27.8b | 29.4% | PE10.6x | |
| 1898 China Coal Energy | HK$9.80 | 9.0% +HK$10.7b | 54.6% | PE7.2x | |
| 1164 CGN Mining | HK$1.86 | 12.0% +HK$1.5b | 16.3% | PE32.8x | |
| 866 China Qinfa Group | HK$1.42 | 9.2% +HK$299.8m | 613.6% | PE30.8x | |
| 1277 Kinetic Development Group | HK$1.46 | 2.1% +HK$252.9m | 192.0% | PE4.4x |