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Hong Kong (HSI) Gas Utilities Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies15
  • 7D2.0%
  • 3M-6.2%
  • 1Y4.3%
  • YTD-1.2%

Over the last 7 days, the Gas Utilities industry has risen 4.8%, driven by gains from ENN Energy Holdings of 5.7%. This takes the industry's 12 month performance to a gain of 6.4%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021HK$734.0bHK$572.5bHK$52.7b11.8x
Mon, 25 Oct 2021HK$699.1bHK$571.8bHK$52.6b10.2x
Wed, 22 Sep 2021HK$776.4bHK$568.9bHK$52.4b11.6x
Fri, 20 Aug 2021HK$803.2bHK$570.5bHK$52.3b12.2x
Fri, 04 Jun 2021HK$810.4bHK$533.2bHK$47.4b15.4x
Mon, 08 Mar 2021HK$735.9bHK$494.1bHK$42.3b16.8x
Thu, 10 Dec 2020HK$690.4bHK$469.0bHK$41.4b13.3x
Wed, 02 Sep 2020HK$618.6bHK$456.0bHK$40.1b15.4x
Sat, 06 Jun 2020HK$675.8bHK$463.6bHK$42.3b13.8x
Tue, 10 Mar 2020HK$720.5bHK$464.9bHK$41.2b17.2x
Mon, 02 Dec 2019HK$747.3bHK$468.6bHK$44.0b17.2x
Thu, 05 Sep 2019HK$770.5bHK$473.5bHK$43.8b18.2x
Sun, 09 Jun 2019HK$749.0bHK$467.6bHK$42.7b14.9x
Sat, 02 Mar 2019HK$764.9bHK$450.6bHK$40.7b16.4x
Tue, 04 Dec 2018HK$711.7bHK$434.2bHK$39.9b17.7x
PE Ratio

17.7x

Total Market Cap: HK$711.7bTotal Earnings: HK$39.9bTotal Revenue: HK$434.2b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 15.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Gas Utilities industry have grown 9.7% per year over the last three years, and revenues for these companies have grown 9.6% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Gas Utilities industry?

Gas Utilities1.96%

Industry PE: Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 15.2x. However analysts are expecting annual earnings growth of 4.5%, which is lower than the prior year's growth of 44% per year. So the market might believe that analysts are underestimating future growth.

Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 4.5% over the next 5 years. However this is lower than its past earnings growth rate of 44% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
2688 ENN Energy Holdings5.6%+HK$9.0b44.7%PE18.8x
1193 China Resources Gas Group4.5%+HK$4.2b12.4%PE16x
3 Hong Kong and China Gas1.0%+HK$2.2b2.4%PE29.2x
135 Kunlun Energy3.6%+HK$2.2b18.2%PE9.5x
3633 Zhongyu Gas Holdings3.1%+HK$651.8m8.8%PE18.5x
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2688

HK$149.90

ENN Energy Holdings

7D

5.6%

1Y

44.7%