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Hong Kong (HSI) Gas Utilities Industry Analysis

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies17
  • 7D3.8%
  • 3M9.9%
  • 1Y-16.1%
  • YTDn/a

Over the last 7 days, the Gas Utilities industry has risen 2.4%, driven by gains from China Resources Gas Group of 11%. In the past year, the industry is down 19%. As for the next few years, earnings are expected to grow by 9.7% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024HK$425.1bHK$717.1bHK$36.3b10.2x11.7x0.6x
Thu, 15 Feb 2024HK$379.4bHK$717.7bHK$36.4b9.3x10.4x0.5x
Sat, 13 Jan 2024HK$405.1bHK$718.6bHK$36.4b10.3x11.1x0.6x
Mon, 11 Dec 2023HK$380.0bHK$718.1bHK$36.4b10.3x10.4x0.5x
Wed, 08 Nov 2023HK$394.5bHK$720.2bHK$37.6b10x10.5x0.5x
Fri, 06 Oct 2023HK$399.4bHK$719.8bHK$37.6b9.6x10.6x0.6x
Sun, 03 Sep 2023HK$396.5bHK$722.4bHK$37.7b9.7x10.5x0.5x
Tue, 01 Aug 2023HK$475.5bHK$722.8bHK$37.0b11x12.9x0.7x
Thu, 29 Jun 2023HK$485.6bHK$720.0bHK$36.9b11.3x13.2x0.7x
Sat, 27 May 2023HK$501.9bHK$728.5bHK$39.7b11.4x12.6x0.7x
Mon, 24 Apr 2023HK$504.1bHK$737.4bHK$40.1b10.5x12.6x0.7x
Wed, 22 Mar 2023HK$507.3bHK$708.3bHK$45.5b9.4x11.2x0.7x
Fri, 17 Feb 2023HK$555.7bHK$706.0bHK$44.9b9.7x12.4x0.8x
Sun, 15 Jan 2023HK$555.7bHK$711.6bHK$45.2b9.5x12.3x0.8x
Tue, 13 Dec 2022HK$513.4bHK$697.6bHK$44.5b8.9x11.5x0.7x
Thu, 10 Nov 2022HK$406.2bHK$684.3bHK$44.9b7.8x9.1x0.6x
Sat, 08 Oct 2022HK$472.4bHK$689.9bHK$45.1b8.8x10.5x0.7x
Mon, 05 Sep 2022HK$528.0bHK$699.6bHK$45.6b8.7x11.6x0.8x
Wed, 03 Aug 2022HK$558.6bHK$633.8bHK$48.9b8.8x11.4x0.9x
Fri, 01 Jul 2022HK$587.5bHK$632.6bHK$49.1b9.3x12x0.9x
Sun, 29 May 2022HK$569.8bHK$626.3bHK$51.0b9.7x11.2x0.9x
Tue, 26 Apr 2022HK$521.9bHK$634.8bHK$51.5b9.3x10.1x0.8x
Thu, 24 Mar 2022HK$578.7bHK$620.1bHK$49.8b10.2x11.6x0.9x
Sat, 19 Feb 2022HK$692.4bHK$586.4bHK$51.8b11.7x13.4x1.2x
Mon, 17 Jan 2022HK$730.6bHK$585.3bHK$51.8b11.8x14.1x1.2x
Wed, 15 Dec 2021HK$714.2bHK$585.4bHK$51.8b12.2x13.8x1.2x
Fri, 12 Nov 2021HK$701.4bHK$572.1bHK$52.7b10.6x13.3x1.2x
Sun, 10 Oct 2021HK$710.0bHK$569.7bHK$52.5b11.1x13.5x1.2x
Tue, 07 Sep 2021HK$807.2bHK$568.5bHK$52.4b12.1x15.4x1.4x
Thu, 05 Aug 2021HK$818.7bHK$570.5bHK$52.3b13.2x15.6x1.4x
Sun, 09 May 2021HK$776.7bHK$533.2bHK$47.4b15x16.4x1.5x
Price to Earnings Ratio

16.4x


Total Market Cap: HK$776.9bTotal Earnings: HK$47.4bTotal Revenue: HK$533.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gas Utilities Industry Price to Earnings3Y Average 12.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Gas 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 12.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 8.5% 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 Comparison

How does Hong Kong Gas Utilities compare with similar industries?

HK Market1.02%
Utilities1.29%
Gas Utilities3.76%
Gas Utilities3.76%
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?

CompanyLast Price7D1YValuation
1193 China Resources Gas GroupHK$26.4011.4%
+HK$6.2b
-10.5%PE11.7x
2688 ENN Energy HoldingsHK$65.503.8%
+HK$2.7b
-36.6%PE11.2x
135 Kunlun EnergyHK$7.234.0%
+HK$2.4b
13.0%PE10.7x
384 China Gas HoldingsHK$7.805.8%
+HK$2.3b
-26.8%PE14.8x
392 Beijing Enterprises HoldingsHK$30.854.4%
+HK$1.6b
9.2%PE5.4x
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Latest News

2886

HK$1.41

Binhai Investment

7D

8.5%

1Y

-12.4%

603

HK$0.20

China Oil And Gas Group

7D

-4.2%

1Y

-22.6%

392

HK$30.85

Beijing Enterprises Holdings

7D

4.4%

1Y

9.2%

3633

HK$4.98

Zhongyu Energy Holdings

7D

-0.4%

1Y

-8.8%

2688

HK$65.50

ENN Energy Holdings

7D

3.8%

1Y

-36.6%

1193

HK$26.40

China Resources Gas Group

7D

11.4%

1Y

-10.5%

135

HK$7.23

Kunlun Energy

7D

4.0%

1Y

13.0%

1083

HK$2.91

Towngas Smart Energy

7D

1.7%

1Y

-13.4%

3

HK$5.97

Hong Kong and China Gas

7D

-0.5%

1Y

-15.9%