Hong Kong (HSI) Independent Power Producers and Energy Traders Industry Analysis

UpdatedNov 14, 2025

DataAggregated Company Financials

Companies8

7D-3.6%
3M1.9%
1Y22.3%
YTDn/a

Over the last 7 days, the Independent Power Producers and Energy Traders industry has dropped 3.6%, driven by CGN Power declining 4.4%. Meanwhile, Puxing Energy actually outperformed within the industry, gaining 25% in the last week. Over the past 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 8.2% annually.

Industry Valuation and Performance

Has the Hong Kong Independent Power Producers and Energy Traders Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 16 Nov 2025	HK$577.1b	HK$683.0b	HK$52.3b	7.8x	11x	0.8x
Tue, 14 Oct 2025	HK$546.9b	HK$688.8b	HK$48.7b	8.2x	11.2x	0.8x
Thu, 11 Sep 2025	HK$619.2b	HK$807.7b	HK$54.5b	9.3x	11.4x	0.8x
Sat, 09 Aug 2025	HK$606.0b	HK$815.2b	HK$55.8b	8.9x	10.9x	0.7x
Mon, 07 Jul 2025	HK$590.3b	HK$818.9b	HK$54.3b	6.9x	10.9x	0.7x
Wed, 04 Jun 2025	HK$587.8b	HK$816.2b	HK$54.2b	7.3x	10.9x	0.7x
Fri, 02 May 2025	HK$557.9b	HK$800.0b	HK$53.3b	6.7x	10.5x	0.7x
Sun, 30 Mar 2025	HK$547.4b	HK$812.3b	HK$53.7b	6.7x	10.2x	0.7x
Tue, 25 Feb 2025	HK$547.5b	HK$803.0b	HK$45.7b	8.3x	12x	0.7x
Thu, 23 Jan 2025	HK$515.2b	HK$803.0b	HK$45.7b	7.6x	11.3x	0.6x
Sat, 21 Dec 2024	HK$562.8b	HK$798.3b	HK$45.5b	8.4x	12.4x	0.7x
Mon, 18 Nov 2024	HK$567.0b	HK$806.0b	HK$45.8b	8.2x	12.4x	0.7x
Wed, 16 Oct 2024	HK$594.6b	HK$812.2b	HK$49.8b	8.7x	11.9x	0.7x
Fri, 13 Sep 2024	HK$541.1b	HK$814.4b	HK$50.0b	7.7x	10.8x	0.7x
Sun, 11 Aug 2024	HK$630.0b	HK$816.1b	HK$45.9b	9.6x	13.7x	0.8x
Tue, 09 Jul 2024	HK$711.7b	HK$815.0b	HK$46.8b	10.8x	15.2x	0.9x
Thu, 06 Jun 2024	HK$653.7b	HK$817.0b	HK$46.8b	10x	14x	0.8x
Sat, 04 May 2024	HK$613.6b	HK$818.5b	HK$46.9b	9x	13.1x	0.7x
Mon, 01 Apr 2024	HK$600.9b	HK$818.5b	HK$42.3b	10.1x	14.2x	0.7x
Wed, 28 Feb 2024	HK$560.5b	HK$823.6b	HK$40.8b	8.9x	13.7x	0.7x
Fri, 26 Jan 2024	HK$542.6b	HK$825.7b	HK$40.9b	9.4x	13.3x	0.7x
Sun, 24 Dec 2023	HK$492.2b	HK$828.9b	HK$41.0b	8.3x	12x	0.6x
Tue, 21 Nov 2023	HK$486.0b	HK$823.3b	HK$40.8b	8.1x	11.9x	0.6x
Thu, 19 Oct 2023	HK$473.8b	HK$813.8b	HK$29.0b	7.3x	16.3x	0.6x
Sat, 16 Sep 2023	HK$518.4b	HK$817.5b	HK$29.1b	7.9x	17.8x	0.6x
Mon, 14 Aug 2023	HK$520.2b	HK$803.5b	HK$24.8b	8.6x	21x	0.6x
Wed, 12 Jul 2023	HK$559.8b	HK$797.8b	HK$18.7b	8.4x	30x	0.7x
Fri, 09 Jun 2023	HK$562.5b	HK$805.3b	HK$18.8b	8.2x	29.9x	0.7x
Sun, 07 May 2023	HK$589.4b	HK$827.8b	HK$19.1b	9x	30.9x	0.7x
Tue, 04 Apr 2023	HK$523.6b	HK$827.4b	HK$13.8b	7.7x	38x	0.6x
Thu, 02 Mar 2023	HK$520.5b	HK$802.5b	-HK$22,151,109,891.00	8x	-23.5x	0.6x
Sat, 28 Jan 2023	HK$517.3b	HK$808.6b	-HK$22,369,415,473.00	8.3x	-23.1x	0.6x
Mon, 26 Dec 2022	HK$451.4b	HK$786.2b	-HK$21,597,764,187.00	7.4x	-20.9x	0.6x
Wed, 23 Nov 2022	HK$466.9b	HK$769.3b	-HK$21,013,186,942.00	7.4x	-22.2x	0.6x

Price to Earnings Ratio

-22.2x

Wed, 23 Nov 2022

Current Industry PE

Investors are optimistic on the Hong Kong Independent Power Producers and Energy Traders industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 11.0x which is higher than its 3-year average PE of 8.9x.

The industry is trading close to its 3-year average PS ratio of 0.69x.

Past Earnings Growth

Total earnings for the Independent Power Producers and Energy Traders industry have gone up over the last three years and the industry is now profitable.
Revenues have declined 4.1% per year.
This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.