Why Investors Shouldn't Be Surprised By Shanghai Electric Group Co., Ltd.'s (HKG:2727) P/E
Feb 10
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Hong Kong (HSI) Heavy Electrical Equipment Industry Analysis
UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies8
- 7D5.9%
- 3M43.6%
- 1Y136.1%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has risen 1.8%, driven by gains from Shanghai Electric Group of 6.9%. Meanwhile, Fullshare Holdings actually underperformed within the industry, shrinking 20% in the last week. This means that the industry has gained 126% over the past year. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Hong Kong Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Feb 2026 | HK$365.9b | HK$329.8b | -HK$5,177,134,712.95 | 54.3x | -70.7x | 1.1x |
| Sat, 24 Jan 2026 | HK$326.6b | HK$324.4b | -HK$5,093,246,331.78 | 51.2x | -64.1x | 1x |
| Mon, 22 Dec 2025 | HK$254.4b | HK$318.4b | -HK$5,116,067,536.03 | 23x | -49.7x | 0.8x |
| Wed, 19 Nov 2025 | HK$249.8b | HK$315.6b | -HK$5,114,779,259.08 | 20x | -48.8x | 0.8x |
| Fri, 17 Oct 2025 | HK$256.9b | HK$310.3b | -HK$6,729,795,306.78 | 18x | -38.2x | 0.8x |
| Sun, 14 Sep 2025 | HK$219.8b | HK$310.6b | -HK$6,738,189,135.58 | 17.1x | -32.6x | 0.7x |
| Tue, 12 Aug 2025 | HK$221.5b | HK$298.7b | -HK$7,739,577,492.27 | 18.2x | -28.6x | 0.7x |
| Thu, 10 Jul 2025 | HK$190.5b | HK$298.9b | -HK$7,743,645,497.21 | 13.3x | -24.6x | 0.6x |
| Sat, 07 Jun 2025 | HK$187.0b | HK$298.7b | -HK$7,738,833,918.57 | 12.3x | -24.2x | 0.6x |
| Mon, 05 May 2025 | HK$174.7b | HK$291.4b | -HK$7,554,332,264.41 | 10.8x | -23.1x | 0.6x |
| Wed, 02 Apr 2025 | HK$178.3b | HK$289.9b | -HK$4,033,178,109.31 | 10.5x | -44.2x | 0.6x |
| Fri, 28 Feb 2025 | HK$185.8b | HK$274.7b | -HK$1,077,554,797.70 | 9x | -172.4x | 0.7x |
| Sun, 26 Jan 2025 | HK$173.2b | HK$276.0b | -HK$1,069,691,520.94 | 8.4x | -162x | 0.6x |
| Tue, 24 Dec 2024 | HK$176.0b | HK$273.3b | -HK$1,085,271,269.65 | 8.5x | -162.1x | 0.6x |
| Thu, 21 Nov 2024 | HK$214.5b | HK$275.9b | -HK$1,070,506,756.84 | 8.8x | -200.4x | 0.8x |
| Sat, 19 Oct 2024 | HK$126.4b | HK$279.8b | -HK$986,150,079.55 | 9x | -128.2x | 0.5x |
| Mon, 16 Sep 2024 | HK$106.8b | HK$281.4b | -HK$1,166,730,026.13 | 6.8x | -91.5x | 0.4x |
| Wed, 14 Aug 2024 | HK$118.7b | HK$275.9b | HK$464.4m | 9x | 255.5x | 0.4x |
| Fri, 12 Jul 2024 | HK$118.7b | HK$272.8b | HK$427.5m | 9.3x | 277.8x | 0.4x |
| Sun, 09 Jun 2024 | HK$129.0b | HK$273.6b | HK$436.9m | 11x | 295.3x | 0.5x |
| Tue, 07 May 2024 | HK$131.2b | HK$275.0b | HK$453.9m | 9.5x | 289x | 0.5x |
| Thu, 04 Apr 2024 | HK$123.8b | HK$276.1b | HK$3.1b | 10.6x | 40.1x | 0.4x |
| Sat, 02 Mar 2024 | HK$128.6b | HK$273.8b | HK$1.6b | 7.6x | 82.9x | 0.5x |
| Mon, 29 Jan 2024 | HK$120.6b | HK$275.3b | HK$1.6b | 6x | 77.2x | 0.4x |
| Wed, 27 Dec 2023 | HK$117.7b | HK$275.6b | HK$1.6b | 6.1x | 75.2x | 0.4x |
| Fri, 24 Nov 2023 | HK$128.5b | HK$275.0b | HK$1.6b | 7.3x | 82.3x | 0.5x |
| Sun, 22 Oct 2023 | HK$125.6b | HK$269.6b | HK$615.6m | 7x | 204x | 0.5x |
| Tue, 19 Sep 2023 | HK$135.5b | HK$270.2b | HK$618.5m | 8.7x | 219.1x | 0.5x |
| Thu, 17 Aug 2023 | HK$134.7b | HK$257.3b | -HK$724,349,023.00 | 38.2x | -186x | 0.5x |
| Sat, 15 Jul 2023 | HK$147.8b | HK$262.6b | -HK$732,781,115.00 | 44x | -201.7x | 0.6x |
| Mon, 12 Jun 2023 | HK$143.5b | HK$263.7b | -HK$734,566,868.00 | 42.5x | -195.3x | 0.5x |
| Wed, 10 May 2023 | HK$149.5b | HK$271.6b | -HK$747,163,838.00 | 46.6x | -200x | 0.6x |
| Fri, 07 Apr 2023 | HK$149.3b | HK$274.6b | -HK$2,644,457,181.00 | 33.5x | -56.5x | 0.5x |
| Sun, 05 Mar 2023 | HK$153.4b | HK$267.5b | -HK$11,267,552,212.00 | 14.1x | -13.6x | 0.6x |
Price to Earnings Ratio
-13.6x
Current Industry PE
- Investors are optimistic on the Hong Kong Heavy Electrical Equipment industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 0.59x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have improved over the last three years.
- Revenues for these companies have grown 6.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Hong Kong Heavy Electrical Equipment compare with similar industries?
| HK Market | 0.50% | |
| Industrials | 2.36% | |
| Electrical | 6.60% | |
| Heavy Electrical Equipment | 5.85% | |
| Electrical Components | 8.46% | |
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 | |
|---|---|---|---|---|---|
| 1072 Dongfang Electric | HK$40.50 | 23.3% +HK$26.5b | 302.6% | PE37.5x | |
| 1133 Harbin Electric | HK$27.86 | 21.7% +HK$11.1b | 682.6% | PE24.6x | |
| 2727 Shanghai Electric Group | HK$4.79 | 7.2% +HK$5.0b | 59.7% | PE77.8x | |
| 658 China High Speed Transmission Equipment Group | HK$2.27 | 11.3% +HK$376.1m | 149.5% | PS0.1x | |
| 1608 VPower Group International Holdings | HK$0.13 | 4.2% +HK$33.3m | -31.3% | PS0.6x |
