CLP Holdings Limited's (HKG:2) Price In Tune With Earnings
Jan 28
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Electric Utilities Industry Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies6
- 7D-0.9%
- 3M-2.5%
- 1Y8.8%
- YTD-2.9%
The Electric Utilities industry has stayed flat over the last week. As for the the longer term, the industry is up 8.8% over the past 12 months. Looking forward, earnings are forecast to grow by 6.5% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 30 Jan 2025 | HK$453.0b | HK$112.6b | HK$25.2b | 17.1x | 18x | 4x |
| Sat, 28 Dec 2024 | HK$470.1b | HK$112.5b | HK$25.2b | 18.3x | 18.7x | 4.2x |
| Mon, 25 Nov 2024 | HK$458.6b | HK$112.6b | HK$25.2b | 17.2x | 18.2x | 4.1x |
| Wed, 23 Oct 2024 | HK$468.2b | HK$112.7b | HK$25.2b | 17.7x | 18.6x | 4.2x |
| Fri, 20 Sep 2024 | HK$487.0b | HK$112.7b | HK$25.2b | 18.3x | 19.3x | 4.3x |
| Sun, 18 Aug 2024 | HK$482.6b | HK$112.1b | HK$25.2b | 18.3x | 19.2x | 4.3x |
| Tue, 16 Jul 2024 | HK$431.3b | HK$112.0b | HK$24.2b | 15.7x | 17.8x | 3.9x |
| Thu, 13 Jun 2024 | HK$415.1b | HK$112.0b | HK$24.2b | 14.3x | 17.1x | 3.7x |
| Sat, 11 May 2024 | HK$427.8b | HK$112.0b | HK$24.2b | 15.7x | 17.7x | 3.8x |
| Mon, 08 Apr 2024 | HK$411.4b | HK$112.0b | HK$24.2b | 15.3x | 17x | 3.7x |
| Wed, 06 Mar 2024 | HK$421.9b | HK$112.2b | HK$23.4b | 14.5x | 18.1x | 3.8x |
| Fri, 02 Feb 2024 | HK$418.0b | HK$121.4b | HK$27.5b | 14.3x | 15.2x | 3.4x |
| Sun, 31 Dec 2023 | HK$411.6b | HK$121.5b | HK$27.5b | 14x | 14.9x | 3.4x |
| Tue, 28 Nov 2023 | HK$377.2b | HK$121.4b | HK$27.5b | 12.9x | 13.7x | 3.1x |
| Thu, 26 Oct 2023 | HK$353.2b | HK$121.4b | HK$27.5b | 12.3x | 12.8x | 2.9x |
| Sat, 23 Sep 2023 | HK$369.6b | HK$121.4b | HK$27.5b | 12.9x | 13.4x | 3x |
| Mon, 21 Aug 2023 | HK$370.6b | HK$121.0b | HK$27.5b | 13x | 13.5x | 3.1x |
| Wed, 19 Jul 2023 | HK$386.2b | HK$124.7b | HK$17.6b | 13.7x | 21.9x | 3.1x |
| Fri, 16 Jun 2023 | HK$378.7b | HK$124.7b | HK$17.6b | 13.8x | 21.5x | 3x |
| Sun, 14 May 2023 | HK$414.5b | HK$124.8b | HK$17.6b | 15.1x | 23.5x | 3.3x |
| Tue, 11 Apr 2023 | HK$390.0b | HK$124.9b | HK$17.6b | 14.3x | 22.1x | 3.1x |
| Thu, 09 Mar 2023 | HK$389.5b | HK$124.8b | HK$19.6b | 13.9x | 19.9x | 3.1x |
| Sat, 04 Feb 2023 | HK$404.7b | HK$115.1b | HK$17.7b | 13.6x | 22.9x | 3.5x |
| Mon, 02 Jan 2023 | HK$385.3b | HK$115.0b | HK$17.7b | 12.8x | 21.8x | 3.4x |
| Wed, 30 Nov 2022 | HK$376.7b | HK$114.8b | HK$17.7b | 12.1x | 21.3x | 3.3x |
| Fri, 28 Oct 2022 | HK$355.0b | HK$114.8b | HK$17.7b | 11.5x | 20.1x | 3.1x |
| Sun, 25 Sep 2022 | HK$414.7b | HK$115.1b | HK$17.3b | 13.1x | 24x | 3.6x |
| Tue, 23 Aug 2022 | HK$468.4b | HK$115.4b | HK$17.3b | 16.1x | 27x | 4.1x |
| Thu, 21 Jul 2022 | HK$462.7b | HK$109.1b | HK$25.0b | 18.7x | 18.5x | 4.2x |
| Sat, 18 Jun 2022 | HK$478.1b | HK$109.1b | HK$25.0b | 19.3x | 19.1x | 4.4x |
| Mon, 16 May 2022 | HK$518.2b | HK$109.1b | HK$25.0b | 20.8x | 20.7x | 4.8x |
| Wed, 13 Apr 2022 | HK$510.5b | HK$109.3b | HK$25.0b | 20.5x | 20.4x | 4.7x |
| Fri, 11 Mar 2022 | HK$505.4b | HK$108.9b | HK$25.1b | 17x | 20.1x | 4.6x |
| Sun, 06 Feb 2022 | HK$490.6b | HK$106.2b | HK$27.1b | 15.9x | 18.1x | 4.6x |
Price to Earnings Ratio
18.1x
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 18.9x.
- The industry is trading close to its 3-year average PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have declined 2.4% 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 | 1.94% | |
| Utilities | 0.017% | |
| Electric Utilities | -0.93% | |
| Electric Utilities | -0.93% | |
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 | |
|---|---|---|---|---|---|
| 2 CLP Holdings | HK$64.75 | 0.2% +HK$252.6m | 2.7% | PE21.7x | |
| 1713 Sichuan Energy Investment Development | HK$2.14 | 1.9% +HK$43.0m | 32.9% | PE6.1x |