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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?

DateMarket CapRevenueEarningsPE
Thu, 20 Jan 2022HK$851.4bHK$832.9bHK$34.7b10.5x
Sat, 18 Dec 2021HK$908.7bHK$832.3bHK$34.7b10.8x
Mon, 15 Nov 2021HK$741.1bHK$830.0bHK$34.6b9.6x
Wed, 13 Oct 2021HK$781.6bHK$803.2bHK$49.7b9.5x
Fri, 10 Sep 2021HK$788.3bHK$801.4bHK$49.6b11.9x
Sun, 08 Aug 2021HK$620.3bHK$801.4bHK$48.8b8.7x
Sat, 01 May 2021HK$558.3bHK$761.4bHK$50.5b8.4x
Tue, 02 Feb 2021HK$555.9bHK$721.4bHK$45.5b8.5x
Fri, 06 Nov 2020HK$477.1bHK$687.2bHK$43.1b7x
Mon, 10 Aug 2020HK$490.6bHK$660.6bHK$37.2b8.1x
Sun, 03 May 2020HK$439.7bHK$658.2bHK$32.9b7x
Wed, 05 Feb 2020HK$509.1bHK$678.4bHK$33.8b7.7x
Sat, 09 Nov 2019HK$534.4bHK$655.5bHK$37.6b8.8x
Fri, 02 Aug 2019HK$495.8bHK$671.6bHK$37.5b9.8x
Mon, 06 May 2019HK$503.4bHK$685.4bHK$35.7b9.5x
Thu, 07 Feb 2019HK$527.4bHK$666.6bHK$31.2b9.5x
PE Ratio

9.5x

Total Market Cap: HK$527.4bTotal Earnings: HK$31.2bTotal Revenue: HK$666.6b0%0%0%3 Year10 Year
202020212022

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 Energy5.20%
Independent Power Producers and Energy Traders3.18%

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?

CompanyLast Price7D1YValuation
916 China Longyuan Power GroupHK$17.908.9%
+HK$11.7b
40.5%PE19.9x
836 China Resources Power HoldingsHK$22.055.0%
+HK$5.1b
145.5%PE13x
1816 CGN PowerHK$2.324.0%
+HK$4.5b
24.1%PE9.5x
902 Huaneng Power InternationalHK$4.393.5%
+HK$2.4b
43.5%PS0.3x
2380 China Power International DevelopmentHK$4.514.2%
+HK$2.0b
154.8%PE21.9x
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