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Hong Kong (HSI) Renewable Energy Industry Analysis

UpdatedOct 22, 2025
DataAggregated Company Financials
Companies21
  • 7D-0.4%
  • 3M-6.4%
  • 1Y6.9%
  • YTD18.0%

Last week, the Renewable Energy industry hasn't moved much but Huaneng Power International is up 4.0% in that time. The past year has been better, since the industry has gained 6.9% in that time. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the Hong Kong Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Oct 2025HK$741.0bHK$768.2bHK$58.0b9.3x12.8x1x
Fri, 19 Sep 2025HK$851.4bHK$887.4bHK$63.8b9.7x13.3x1x
Sun, 17 Aug 2025HK$864.3bHK$893.1bHK$64.3b9.8x13.4x1x
Tue, 15 Jul 2025HK$860.5bHK$898.9bHK$63.1b9.8x13.6x1x
Thu, 12 Jun 2025HK$829.4bHK$897.0bHK$62.9b9.7x13.2x0.9x
Sat, 10 May 2025HK$777.6bHK$890.5bHK$63.2b9.2x12.3x0.9x
Mon, 07 Apr 2025HK$762.2bHK$900.6bHK$63.3b9x12x0.8x
Wed, 05 Mar 2025HK$729.4bHK$889.8bHK$54.1b8.5x13.5x0.8x
Fri, 31 Jan 2025HK$712.1bHK$893.8bHK$54.3b7.9x13.1x0.8x
Sun, 29 Dec 2024HK$763.9bHK$885.8bHK$53.9b8.2x14.2x0.9x
Tue, 26 Nov 2024HK$742.1bHK$892.9bHK$54.2b8x13.7x0.8x
Thu, 24 Oct 2024HK$767.7bHK$896.1bHK$58.2b8.9x13.2x0.9x
Sat, 21 Sep 2024HK$698.8bHK$906.4bHK$58.7b8x11.9x0.8x
Mon, 19 Aug 2024HK$804.2bHK$901.6bHK$56.1b9.5x14.3x0.9x
Wed, 17 Jul 2024HK$839.6bHK$900.5bHK$57.2b9.2x14.7x0.9x
Fri, 14 Jun 2024HK$869.2bHK$902.0bHK$57.9b9.7x15x1x
Sun, 12 May 2024HK$804.1bHK$905.3bHK$58.2b9.4x13.8x0.9x
Tue, 09 Apr 2024HK$784.2bHK$904.1bHK$53.2b9.1x14.8x0.9x
Thu, 07 Mar 2024HK$765.4bHK$914.3bHK$53.0b8.2x14.4x0.8x
Sat, 03 Feb 2024HK$702.7bHK$924.2bHK$53.4b8x13.2x0.8x
Mon, 01 Jan 2024HK$679.8bHK$923.5bHK$53.4b8x12.7x0.7x
Wed, 29 Nov 2023HK$658.3bHK$916.3bHK$53.0b7.9x12.4x0.7x
Fri, 27 Oct 2023HK$654.6bHK$897.4bHK$49.1b7.5x13.3x0.7x
Sun, 24 Sep 2023HK$679.5bHK$902.7bHK$41.2b8.3x16.5x0.8x
Tue, 22 Aug 2023HK$714.5bHK$888.1bHK$35.8b9x19.9x0.8x
Thu, 20 Jul 2023HK$754.5bHK$884.8bHK$29.9b8.1x25.2x0.9x
Sat, 17 Jun 2023HK$678.4bHK$897.3bHK$30.2b9.2x22.4x0.8x
Mon, 15 May 2023HK$737.9bHK$916.0bHK$30.7b9.4x24x0.8x
Wed, 12 Apr 2023HK$688.8bHK$921.7bHK$25.8b9x26.7x0.7x
Fri, 10 Mar 2023HK$686.0bHK$885.3b-HK$12,530,494,280.008.5x-54.7x0.8x
Sun, 05 Feb 2023HK$691.5bHK$906.2b-HK$12,820,344,567.008.9x-53.9x0.8x
Tue, 03 Jan 2023HK$656.9bHK$888.2b-HK$12,408,711,058.008.4x-52.9x0.7x
Thu, 01 Dec 2022HK$635.6bHK$861.6b-HK$11,800,348,511.008.5x-53.9x0.7x
Sat, 29 Oct 2022HK$582.9bHK$852.8b-HK$13,413,218,715.008.2x-43.5x0.7x
Price to Earnings Ratio

-43.5x


Total Market Cap: HK$582.9bTotal Earnings: -HK$13,413,218,715.00Total Revenue: HK$852.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Renewable Energy Industry Price to Earnings3Y Average 5.8x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 12.8x which is higher than its 3-year average PE of 5.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have gone up over the last three years and the industry is now profitable.
  • Revenues have declined 3.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Trends

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

HK Market2.55%
Utilities0.76%
Renewable Energy-0.40%
Independent Power Producers and Energy Traders2.13%
Renewable Energy-7.48%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 18.2x.
    • Analysts are expecting annual earnings growth of 12.3%, which is higher than its past year's earnings growth of 4.9% per year.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 4.9% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 9.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
902 Huaneng Power InternationalHK$5.964.0%
+HK$3.6b
32.2%PE9.5x
991 Datang International Power GenerationHK$2.473.8%
+HK$1.7b
59.4%PE7x
1816 CGN PowerHK$3.190.9%
+HK$1.5b
9.2%PE15.3x
2380 China Power International DevelopmentHK$3.370.6%
+HK$247.4m
-7.7%PE11.3x
527 China Ruifeng Renewable Energy HoldingsHK$0.764.1%
+HK$51.4m
11.8%PS3.5x

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