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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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | HK$734.0b | HK$572.5b | HK$52.7b | 11.8x |
| Mon, 25 Oct 2021 | HK$699.1b | HK$571.8b | HK$52.6b | 10.2x |
| Wed, 22 Sep 2021 | HK$776.4b | HK$568.9b | HK$52.4b | 11.6x |
| Fri, 20 Aug 2021 | HK$803.2b | HK$570.5b | HK$52.3b | 12.2x |
| Fri, 04 Jun 2021 | HK$810.4b | HK$533.2b | HK$47.4b | 15.4x |
| Mon, 08 Mar 2021 | HK$735.9b | HK$494.1b | HK$42.3b | 16.8x |
| Thu, 10 Dec 2020 | HK$690.4b | HK$469.0b | HK$41.4b | 13.3x |
| Wed, 02 Sep 2020 | HK$618.6b | HK$456.0b | HK$40.1b | 15.4x |
| Sat, 06 Jun 2020 | HK$675.8b | HK$463.6b | HK$42.3b | 13.8x |
| Tue, 10 Mar 2020 | HK$720.5b | HK$464.9b | HK$41.2b | 17.2x |
| Mon, 02 Dec 2019 | HK$747.3b | HK$468.6b | HK$44.0b | 17.2x |
| Thu, 05 Sep 2019 | HK$770.5b | HK$473.5b | HK$43.8b | 18.2x |
| Sun, 09 Jun 2019 | HK$749.0b | HK$467.6b | HK$42.7b | 14.9x |
| Sat, 02 Mar 2019 | HK$764.9b | HK$450.6b | HK$40.7b | 16.4x |
| Tue, 04 Dec 2018 | HK$711.7b | HK$434.2b | HK$39.9b | 17.7x |
PE Ratio
17.7x
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 Utilities | 1.96% | |
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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 2688 ENN Energy Holdings | 5.6%+HK$9.0b | 44.7% | PE18.8x | |
| 1193 China Resources Gas Group | 4.5%+HK$4.2b | 12.4% | PE16x | |
| 3 Hong Kong and China Gas | 1.0%+HK$2.2b | 2.4% | PE29.2x | |
| 135 Kunlun Energy | 3.6%+HK$2.2b | 18.2% | PE9.5x | |
| 3633 Zhongyu Gas Holdings | 3.1%+HK$651.8m | 8.8% | PE18.5x |
