Header cover image

Hong Kong (HSI) Utilities Sector Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies60
  • 7D0.9%
  • 3M-14.2%
  • 1Y-27.5%
  • YTD-35.5%

Over the last 7 days, the Utilities industry has remained flat, although notably CGN Power gained 5.7%. Unfortunately though, the industry is down 28% over the past 12 months. Looking forward, earnings are forecast to grow by 19% annually.

Sector Valuation and Performance

Has the Hong Kong Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022HK$1.6tHK$1.7tHK$59.3b8.1x26.3x0.9x
Fri, 28 Oct 2022HK$1.5tHK$1.7tHK$58.0b8.1x25.4x0.8x
Sun, 25 Sep 2022HK$1.7tHK$1.7tHK$54.3b8.3x30.5x1x
Tue, 23 Aug 2022HK$1.8tHK$1.7tHK$58.7b8x31x1.1x
Thu, 21 Jul 2022HK$1.8tHK$1.7tHK$73.4b8.6x25.1x1.1x
Sat, 18 Jun 2022HK$1.8tHK$1.7tHK$75.0b8.1x24.2x1.1x
Mon, 16 May 2022HK$1.8tHK$1.7tHK$75.4b8.7x24.5x1.1x
Wed, 13 Apr 2022HK$1.9tHK$1.7tHK$84.5b8.6x22.4x1.1x
Fri, 11 Mar 2022HK$2.1tHK$1.6tHK$125.9b8.8x16.4x1.3x
Sun, 06 Feb 2022HK$2.1tHK$1.6tHK$127.5b10.2x16.5x1.3x
Tue, 04 Jan 2022HK$2.3tHK$1.6tHK$127.6b10.2x18.3x1.4x
Thu, 02 Dec 2021HK$2.1tHK$1.6tHK$127.5b9.5x16.4x1.3x
Sat, 30 Oct 2021HK$2.2tHK$1.6tHK$130.3b9.6x16.6x1.4x
Mon, 27 Sep 2021HK$2.2tHK$1.6tHK$142.0b9.4x15.4x1.4x
Wed, 25 Aug 2021HK$2.1tHK$1.6tHK$141.0b9.8x14.8x1.3x
Thu, 01 Jul 2021HK$2.0tHK$1.6tHK$141.0b9.5x14.1x1.3x
Sun, 04 Apr 2021HK$2.0tHK$1.5tHK$138.0b8.5x14.2x1.3x
Wed, 06 Jan 2021HK$1.8tHK$1.4tHK$127.8b8.1x14.5x1.3x
Sat, 10 Oct 2020HK$1.7tHK$1.3tHK$124.2b7.5x13.3x1.2x
Fri, 03 Jul 2020HK$1.7tHK$1.3tHK$116.4b8.5x14.4x1.3x
Mon, 06 Apr 2020HK$1.7tHK$1.3tHK$113.5b9x14.8x1.3x
Thu, 09 Jan 2020HK$2.0tHK$1.3tHK$112.9b10x17.7x1.5x
Price to Earnings Ratio

16.3x


Total Market Cap: HK$2.0tTotal Earnings: HK$119.6bTotal Revenue: HK$1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Utilities Sector Price to Earnings3Y Average 17.8x202020212022
Current Industry PE
  • Investors are optimistic on the Hong Kong Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 26.3x which is higher than its 3-year average PE of 17.7x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.89x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Hong Kong Utilities sector?

HK Market-0.40%
Utilities0.93%
Other Utilities3.62%
Renewable Energy3.38%
Gas Utilities-0.35%
Electric Utilities-1.01%
Water Utilities-1.63%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 18.8x.
    • Analysts are expecting annual earnings growth of 7.6%, which is higher than its past year's earnings growth of 3.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings decline of 10% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings grow by 7.6% 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
384 China Gas HoldingsHK$9.259.1%
+HK$4.2b
-30.6%PE7.4x
135 Kunlun EnergyHK$5.737.5%
+HK$3.5b
-21.5%PE8.1x
2688 ENN Energy HoldingsHK$105.702.4%
+HK$2.8b
-29.3%PE15.5x
902 Huaneng Power InternationalHK$3.704.2%
+HK$2.4b
3.4%PS0.2x
1816 CGN PowerHK$1.852.2%
+HK$2.0b
-15.5%PE8.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

384

HK$9.25

China Gas Holdings

7D

9.1%

1Y

-30.6%

2688

HK$105.70

ENN Energy Holdings

7D

2.4%

1Y

-29.3%

2

HK$56.50

CLP Holdings

7D

-0.2%

1Y

-26.0%

916

HK$9.31

China Longyuan Power Group

7D

-2.7%

1Y

-43.0%

836

HK$14.38

China Resources Power Holdings

7D

-0.8%

1Y

-32.8%

371

HK$1.94

Beijing Enterprises Water Group

7D

3.2%

1Y

-32.4%

3

HK$6.60

Hong Kong and China Gas

7D

0.6%

1Y

-43.3%

270

HK$7.08

Guangdong Investment

7D

-2.5%

1Y

-32.2%

902

HK$3.70

Huaneng Power International

7D

4.2%

1Y

3.4%