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Hong Kong (HSI) Renewable Energy Industry Analysis

UpdatedFeb 05, 2023
DataAggregated Company Financials
Companies24
  • 7D-0.1%
  • 3M20.5%
  • 1Y-16.6%
  • YTD-0.2%

Last week, the Renewable Energy industry hasn't moved much but Huaneng Power International is up 4.0% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Looking forward, earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Mon, 26 Sep 2022HK$661.1bHK$835.1b-HK$17,563,120,024.008.3x-37.6x0.8x
Wed, 24 Aug 2022HK$740.1bHK$858.4b-HK$17,418,187,149.008.5x-42.5x0.9x
Fri, 22 Jul 2022HK$699.9bHK$852.0b-HK$12,304,538,660.008.2x-56.9x0.8x
Sun, 19 Jun 2022HK$688.6bHK$857.4b-HK$12,479,635,783.008x-55.2x0.8x
Tue, 17 May 2022HK$682.9bHK$850.1b-HK$11,902,259,909.008.6x-57.4x0.8x
Thu, 14 Apr 2022HK$710.3bHK$873.0b-HK$3,895,648,541.008.4x-182.3x0.8x
Sat, 12 Mar 2022HK$791.2bHK$838.4bHK$34.9b9.5x22.7x0.9x
Mon, 07 Feb 2022HK$790.9bHK$831.8bHK$34.7b10.6x22.8x1x
Wed, 05 Jan 2022HK$908.3bHK$833.5bHK$34.7b11.1x26.1x1.1x
Fri, 03 Dec 2021HK$768.6bHK$831.2bHK$34.7b10x22.2x0.9x
Sun, 31 Oct 2021HK$823.9bHK$825.2bHK$37.7b9.7x21.8x1x
Tue, 28 Sep 2021HK$860.2bHK$802.2bHK$49.6b9.9x17.3x1.1x
Thu, 26 Aug 2021HK$685.9bHK$801.4bHK$48.8b10.7x14.1x0.9x
Fri, 02 Jul 2021HK$599.8bHK$801.4bHK$48.8b9.1x12.3x0.7x
Mon, 05 Apr 2021HK$569.4bHK$761.4bHK$50.5b8x11.3x0.7x
Thu, 07 Jan 2021HK$535.0bHK$721.4bHK$45.5b8.1x11.8x0.7x
Wed, 30 Sep 2020HK$484.6bHK$687.2bHK$43.1b6.8x11.2x0.7x
Sat, 04 Jul 2020HK$442.1bHK$660.6bHK$37.2b7x11.9x0.7x
Tue, 07 Apr 2020HK$438.0bHK$658.2bHK$32.9b7x13.3x0.7x
Price to Earnings Ratio

13.7x


Total Market Cap: HK$463.5bTotal Earnings: HK$33.8bTotal Revenue: HK$678.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Renewable Energy Industry Price to Earnings3Y Average -6.7x202120222023
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Renewable Energy 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 PS ratio of 0.79x.
Past Earnings Growth
  • Total earnings for the Renewable Energy industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues 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 Trends

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

HK Market-3.43%
Utilities-1.17%
Renewable Energy-0.098%
Independent Power Producers and Energy Traders0.42%
Renewable Energy-1.67%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 17.9x.
    • Analysts are expecting annual earnings growth of 17.4%, which is higher than its past year's earnings growth of 11.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 17% 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$3.924.0%
+HK$2.4b
-5.3%PS0.2x
991 Datang International Power GenerationHK$1.384.5%
+HK$1.1b
-6.8%PS0.2x
1816 CGN PowerHK$1.881.1%
+HK$1.0b
-15.3%PE8.4x
1381 Canvest Environmental Protection GroupHK$4.223.4%
+HK$341.5m
1.0%PE7x
1165 Shunfeng International Clean EnergyHK$0.0425.0%
+HK$10.2m
-26.3%PS0.4x
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Latest News

902

HK$3.92

Huaneng Power International

7D

4.0%

1Y

-5.3%

991

HK$1.38

Datang International Power Generation

7D

4.5%

1Y

-6.8%

1811

HK$2.95

CGN New Energy Holdings

7D

-3.0%

1Y

-50.8%

916

HK$10.80

China Longyuan Power Group

7D

-1.6%

1Y

-34.5%

1816

HK$1.88

CGN Power

7D

1.1%

1Y

-15.3%

527

HK$0.052

China Ruifeng Renewable Energy Holdings

7D

2.0%

1Y

-70.5%

1165

HK$0.042

Shunfeng International Clean Energy

7D

5.0%

1Y

-26.3%