Hong Kong (HSI) Electric Utilities Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Jul 2024	HK$445.7b	HK$111.9b	HK$24.2b	16.6x	18.4x	4x
Fri, 21 Jun 2024	HK$409.2b	HK$112.0b	HK$24.2b	14.4x	16.9x	3.7x
Sun, 19 May 2024	HK$431.7b	HK$112.0b	HK$24.2b	15.7x	17.8x	3.9x
Tue, 16 Apr 2024	HK$401.2b	HK$112.0b	HK$24.2b	14.6x	16.6x	3.6x
Thu, 14 Mar 2024	HK$424.3b	HK$112.2b	HK$23.4b	14.7x	18.2x	3.8x
Sat, 10 Feb 2024	HK$421.6b	HK$121.5b	HK$27.5b	14.4x	15.3x	3.5x
Mon, 08 Jan 2024	HK$410.5b	HK$121.5b	HK$27.5b	14.2x	14.9x	3.4x
Wed, 06 Dec 2023	HK$373.2b	HK$121.5b	HK$27.5b	12.8x	13.6x	3.1x
Fri, 03 Nov 2023	HK$363.8b	HK$121.4b	HK$27.5b	12.5x	13.2x	3x
Sun, 01 Oct 2023	HK$362.0b	HK$121.4b	HK$27.5b	12.7x	13.1x	3x
Tue, 29 Aug 2023	HK$373.9b	HK$121.0b	HK$27.5b	13x	13.6x	3.1x
Thu, 27 Jul 2023	HK$392.4b	HK$124.7b	HK$17.6b	13.8x	22.3x	3.1x
Sat, 24 Jun 2023	HK$389.0b	HK$124.7b	HK$17.6b	13.7x	22.1x	3.1x
Mon, 22 May 2023	HK$409.3b	HK$124.8b	HK$17.6b	14.9x	23.2x	3.3x
Wed, 19 Apr 2023	HK$396.3b	HK$124.9b	HK$17.6b	14.6x	22.5x	3.2x
Fri, 17 Mar 2023	HK$391.2b	HK$124.6b	HK$17.6b	15.1x	22.3x	3.1x
Sun, 12 Feb 2023	HK$399.2b	HK$115.0b	HK$17.7b	13.4x	22.6x	3.5x
Tue, 10 Jan 2023	HK$386.6b	HK$115.0b	HK$17.7b	12.8x	21.9x	3.4x
Thu, 08 Dec 2022	HK$380.2b	HK$114.9b	HK$17.7b	12.5x	21.5x	3.3x
Sat, 05 Nov 2022	HK$357.7b	HK$114.7b	HK$17.7b	11.4x	20.3x	3.1x
Mon, 03 Oct 2022	HK$385.1b	HK$114.8b	HK$17.7b	12.1x	21.8x	3.4x
Wed, 31 Aug 2022	HK$451.6b	HK$115.3b	HK$17.3b	15.5x	26.1x	3.9x
Fri, 29 Jul 2022	HK$463.7b	HK$109.1b	HK$25.0b	18.7x	18.5x	4.3x
Sun, 26 Jun 2022	HK$456.5b	HK$109.1b	HK$25.0b	18.1x	18.2x	4.2x
Tue, 24 May 2022	HK$512.1b	HK$109.1b	HK$25.0b	20.8x	20.5x	4.7x
Thu, 21 Apr 2022	HK$509.5b	HK$109.3b	HK$25.0b	20.4x	20.4x	4.7x
Sat, 19 Mar 2022	HK$499.8b	HK$109.3b	HK$25.1b	17.4x	19.9x	4.6x
Mon, 14 Feb 2022	HK$501.7b	HK$106.2b	HK$27.1b	16.5x	18.5x	4.7x
Wed, 12 Jan 2022	HK$486.0b	HK$106.2b	HK$27.1b	15.9x	18x	4.6x
Fri, 10 Dec 2021	HK$473.3b	HK$106.2b	HK$27.1b	15.5x	17.5x	4.5x
Sun, 07 Nov 2021	HK$479.1b	HK$106.2b	HK$27.1b	15.7x	17.7x	4.5x
Tue, 05 Oct 2021	HK$464.4b	HK$106.4b	HK$26.7b	14.9x	17.4x	4.4x
Thu, 02 Sep 2021	HK$489.1b	HK$106.4b	HK$26.7b	16x	18.4x	4.6x
Sat, 31 Jul 2021	HK$500.2b	HK$106.4b	HK$26.7b	16.3x	18.8x	4.7x

Current Industry PE

Investors are relatively neutral on the Hong Kong Electric Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 18.8x.

The industry is trading close to its 3-year average PS ratio of 3.8x.

Past Earnings Growth

The earnings for companies in the Electric Utilities industry have declined 3.2% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, 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 industry?


HK Market	-2.37%
Utilities	-1.16%
Electric Utilities	4.13%
Electric Utilities	4.13%

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
1038 CK Infrastructure Holdings	HK$51.45	7.1% +HK$8.6b	26.4%	PE16.1x
6 Power Assets Holdings	HK$47.75	6.2% +HK$6.0b	17.9%	PE17x
2 CLP Holdings	HK$65.55	1.2% +HK$2.0b	6.6%	PE24.9x
2638 HK Electric Investments and HK Electric Investments	HK$5.26	2.5% +HK$1.1b	9.1%	PE14.7x
1671 Tianjin Tianbao Energy	HK$0.41	2.5% +HK$1.6m	-13.7%	PE236.8x

Company

Last Price

Valuation

1038 CK Infrastructure Holdings

HK$51.45

7.1%
+HK$8.6b

26.4%

PE16.1x

6 Power Assets Holdings

HK$47.75

6.2%
+HK$6.0b

17.9%