Optimistic Investors Push Hans Energy Company Limited (HKG:554) Shares Up 35% But Growth Is Lacking
May 07
Hong Kong (HSI) Oil and Gas Storage and Transportation Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies10
- 7D9.4%
- 3M43.7%
- 1Y24.0%
- YTDn/a
In the last week, the Oil and Gas Storage and Transportation industry is up 4.4%, with COSCO SHIPPING Energy Transportation up 5.8%. In the same time, Sinopec Kantons Holdings was down 5.7%. This takes the industry's 12 month performance to a gain of 21%. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Storage and Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | HK$120.8b | HK$55.9b | HK$6.9b | 6.7x | 17.5x | 2.2x |
| Sun, 07 Apr 2024 | HK$119.2b | HK$54.3b | HK$6.8b | 6.5x | 17.6x | 2.2x |
| Tue, 05 Mar 2024 | HK$102.5b | HK$52.2b | HK$7.9b | 6.4x | 13.1x | 2x |
| Thu, 01 Feb 2024 | HK$96.2b | HK$52.9b | HK$8.0b | 6.3x | 12.1x | 1.8x |
| Sat, 30 Dec 2023 | HK$94.9b | HK$52.8b | HK$7.9b | 6.7x | 11.9x | 1.8x |
| Mon, 27 Nov 2023 | HK$98.4b | HK$52.9b | HK$7.9b | 8.2x | 12.4x | 1.9x |
| Wed, 25 Oct 2023 | HK$96.7b | HK$51.7b | HK$7.3b | 8.8x | 13.2x | 1.9x |
| Fri, 22 Sep 2023 | HK$99.7b | HK$51.7b | HK$7.3b | 9.1x | 13.7x | 1.9x |
| Sun, 20 Aug 2023 | HK$101.1b | HK$50.6b | HK$5.3b | 14.6x | 19x | 2x |
| Tue, 18 Jul 2023 | HK$105.1b | HK$51.2b | HK$5.4b | 15.3x | 19.5x | 2.1x |
| Thu, 15 Jun 2023 | HK$98.1b | HK$52.4b | HK$5.5b | 12.2x | 17.9x | 1.9x |
| Sat, 13 May 2023 | HK$97.4b | HK$53.9b | HK$5.7b | 11.8x | 17.2x | 1.8x |
| Mon, 10 Apr 2023 | HK$102.8b | HK$51.9b | HK$4.6b | 13.2x | 22.3x | 2x |
| Wed, 08 Mar 2023 | HK$115.4b | HK$49.4b | -HK$2,301,191,957.00 | 8.2x | -50.1x | 2.3x |
| Fri, 03 Feb 2023 | HK$116.8b | HK$50.8b | -HK$2,388,411,907.00 | 8.1x | -48.9x | 2.3x |
| Sun, 01 Jan 2023 | HK$99.8b | HK$49.5b | -HK$2,300,787,432.00 | 11x | -43.4x | 2x |
| Tue, 29 Nov 2022 | HK$123.3b | HK$47.9b | -HK$2,268,575,165.00 | 9.4x | -54.4x | 2.6x |
| Thu, 27 Oct 2022 | HK$120.9b | HK$45.1b | -HK$2,974,743,080.00 | 8.8x | -40.6x | 2.7x |
| Sat, 24 Sep 2022 | HK$126.6b | HK$46.2b | -HK$3,069,488,550.00 | 10x | -41.2x | 2.7x |
| Mon, 22 Aug 2022 | HK$118.3b | HK$56.0b | -HK$2,597,058,887.00 | 6.3x | -45.6x | 2.1x |
| Wed, 20 Jul 2022 | HK$102.1b | HK$56.4b | -HK$2,629,518,262.00 | 6.5x | -38.8x | 1.8x |
| Fri, 17 Jun 2022 | HK$97.1b | HK$54.0b | -HK$2,662,669,561.00 | 6.8x | -36.5x | 1.8x |
| Sun, 15 May 2022 | HK$85.8b | HK$53.6b | -HK$2,623,016,121.00 | 6.6x | -32.7x | 1.6x |
| Tue, 12 Apr 2022 | HK$88.4b | HK$54.5b | -HK$2,376,229,825.00 | 7.1x | -37.2x | 1.6x |
| Thu, 10 Mar 2022 | HK$88.4b | HK$63.2b | HK$3.7b | 6.1x | 23.7x | 1.4x |
| Sat, 05 Feb 2022 | HK$86.9b | HK$62.9b | HK$3.7b | 6.7x | 23.5x | 1.4x |
| Mon, 03 Jan 2022 | HK$95.7b | HK$62.9b | HK$3.7b | 6.8x | 25.8x | 1.5x |
| Wed, 01 Dec 2021 | HK$96.2b | HK$64.7b | HK$3.8b | 5.8x | 25.6x | 1.5x |
| Fri, 29 Oct 2021 | HK$102.7b | HK$64.3b | HK$4.5b | 7.4x | 22.8x | 1.6x |
| Sun, 26 Sep 2021 | HK$110.9b | HK$63.9b | HK$4.5b | 7.5x | 24.8x | 1.7x |
| Tue, 24 Aug 2021 | HK$82.7b | HK$63.8b | HK$4.5b | 8x | 18.5x | 1.3x |
| Wed, 30 Jun 2021 | HK$80.8b | HK$63.8b | HK$4.5b | 7.9x | 18.1x | 1.3x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Oil and Gas Storage and Transportation industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 16.8x which is higher than its 3-year average PE of -2.3x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 2.9% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.2% 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 Oil and Gas Storage and Transportation compare with similar industries?
| HK Market | 2.53% | |
| Energy | 3.53% | |
| Oil and Gas | 3.56% | |
| Oil and Gas Storage and Transportation | 9.39% | |
| Coal and Fuels | 6.96% | |
| Integrated Oil and Gas | 3.72% | |
| Oil and Gas Exploration and Production | -1.23% | |
| Oil and Gas Refining and Marketing | -1.29% | |
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 | |
|---|---|---|---|---|---|
| 1138 COSCO SHIPPING Energy Transportation | HK$10.24 | 9.6% +HK$4.3b | 45.7% | PE12.9x | |
| 956 China Suntien Green Energy | HK$3.62 | 9.0% +HK$1.3b | 10.0% | PE6.5x | |
| 554 Hans Energy | HK$0.31 | 34.8% +HK$310.2m | 34.8% | PS1.3x | |
| 934 Sinopec Kantons Holdings | HK$3.94 | 2.9% +HK$273.5m | 37.3% | PE7.5x | |
| 931 China HK Power Smart Energy Group | HK$0.48 | 2.1% +HK$66.7m | 45.5% | PS15.1x |