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Hong Kong (HSI) Renewable Energy Industry Analysis
UpdatedJan 20, 2022
DataAggregated Company Financials
Companies23
- 7D3.7%
- 3M5.8%
- 1Y43.8%
- YTD-12.9%
Over the last 7 days, the Renewable Energy industry has risen 3.7%, driven by gains from China Longyuan Power Group of 8.9%. This takes the industry's 12 month performance to a gain of 44%.
Industry Valuation and Performance
Has the Hong Kong Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 20 Jan 2022 | HK$851.4b | HK$832.9b | HK$34.7b | 10.5x |
| Sat, 18 Dec 2021 | HK$908.7b | HK$832.3b | HK$34.7b | 10.8x |
| Mon, 15 Nov 2021 | HK$741.1b | HK$830.0b | HK$34.6b | 9.6x |
| Wed, 13 Oct 2021 | HK$781.6b | HK$803.2b | HK$49.7b | 9.5x |
| Fri, 10 Sep 2021 | HK$788.3b | HK$801.4b | HK$49.6b | 11.9x |
| Sun, 08 Aug 2021 | HK$620.3b | HK$801.4b | HK$48.8b | 8.7x |
| Sat, 01 May 2021 | HK$558.3b | HK$761.4b | HK$50.5b | 8.4x |
| Tue, 02 Feb 2021 | HK$555.9b | HK$721.4b | HK$45.5b | 8.5x |
| Fri, 06 Nov 2020 | HK$477.1b | HK$687.2b | HK$43.1b | 7x |
| Mon, 10 Aug 2020 | HK$490.6b | HK$660.6b | HK$37.2b | 8.1x |
| Sun, 03 May 2020 | HK$439.7b | HK$658.2b | HK$32.9b | 7x |
| Wed, 05 Feb 2020 | HK$509.1b | HK$678.4b | HK$33.8b | 7.7x |
| Sat, 09 Nov 2019 | HK$534.4b | HK$655.5b | HK$37.6b | 8.8x |
| Fri, 02 Aug 2019 | HK$495.8b | HK$671.6b | HK$37.5b | 9.8x |
| Mon, 06 May 2019 | HK$503.4b | HK$685.4b | HK$35.7b | 9.5x |
| Thu, 07 Feb 2019 | HK$527.4b | HK$666.6b | HK$31.2b | 9.5x |
PE Ratio
9.5x
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 8.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Renewable Energy industry have grown 3.6% per year over the last three years, and revenues for these companies have grown 7.7% 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 Renewable Energy industry?
| Renewable Energy | 5.20% | |
| Independent Power Producers and Energy Traders | 3.18% | |
Industry PE: Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 10.0x. This is likely because analysts are expecting annual earnings growth of 21%, which is higher than its past year's earnings growth of 8.7% per year. Meanwhile, investors are most pessimistic about the Renewable Energy industry, which is trading close to its 3-year average of 8.6x.
Forecasted Growth: Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 21% over the next 5 years. This is better than it's past earnings growth rate of 8.7% per year. Meanwhile, the Renewable Energy industry is expected to see its earnings grow by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 916 China Longyuan Power Group | HK$17.90 | 8.9% +HK$11.7b | 40.5% | PE19.9x | |
| 836 China Resources Power Holdings | HK$22.05 | 5.0% +HK$5.1b | 145.5% | PE13x | |
| 1816 CGN Power | HK$2.32 | 4.0% +HK$4.5b | 24.1% | PE9.5x | |
| 902 Huaneng Power International | HK$4.39 | 3.5% +HK$2.4b | 43.5% | PS0.3x | |
| 2380 China Power International Development | HK$4.51 | 4.2% +HK$2.0b | 154.8% | PE21.9x |
