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Hong Kong (HSI) Independent Power Producers and Energy Traders Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies9
- 7D-1.2%
- 3M23.1%
- 1Y17.9%
- YTDn/a
In the last week, the Independent Power Producers and Energy Traders industry is up 2.1%, with CGN Power up 5.3%. This means that the industry has gained 15% over the past year. Earnings are forecast to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | HK$627.2b | HK$817.3b | HK$42.2b | 11.4x | 14.9x | 0.8x |
| Sun, 17 Mar 2024 | HK$592.9b | HK$823.6b | HK$40.8b | 9.9x | 14.5x | 0.7x |
| Tue, 13 Feb 2024 | HK$547.3b | HK$823.6b | HK$40.8b | 8.4x | 13.4x | 0.7x |
| Thu, 11 Jan 2024 | HK$524.8b | HK$826.1b | HK$40.9b | 8.9x | 12.8x | 0.6x |
| Sat, 09 Dec 2023 | HK$488.2b | HK$826.1b | HK$40.9b | 7.9x | 11.9x | 0.6x |
| Mon, 06 Nov 2023 | HK$480.8b | HK$813.2b | HK$40.3b | 8x | 11.9x | 0.6x |
| Wed, 04 Oct 2023 | HK$490.9b | HK$815.6b | HK$29.1b | 7.4x | 16.9x | 0.6x |
| Fri, 01 Sep 2023 | HK$498.4b | HK$818.5b | HK$29.4b | 7.8x | 16.9x | 0.6x |
| Sun, 30 Jul 2023 | HK$523.6b | HK$809.6b | HK$25.0b | 8.3x | 21x | 0.6x |
| Tue, 27 Jun 2023 | HK$550.7b | HK$795.4b | HK$18.6b | 8.2x | 29.5x | 0.7x |
| Thu, 25 May 2023 | HK$559.5b | HK$812.4b | HK$18.9b | 8.6x | 29.6x | 0.7x |
| Sat, 22 Apr 2023 | HK$545.3b | HK$827.2b | HK$13.8b | 7.8x | 39.6x | 0.7x |
| Mon, 20 Mar 2023 | HK$548.2b | HK$803.2b | -HK$21,853,882,053.00 | 8.1x | -25.1x | 0.7x |
| Wed, 15 Feb 2023 | HK$539.6b | HK$807.3b | -HK$22,318,472,841.00 | 8.2x | -24.2x | 0.7x |
| Fri, 13 Jan 2023 | HK$508.8b | HK$810.5b | -HK$22,437,654,724.00 | 8.3x | -22.7x | 0.6x |
| Sun, 11 Dec 2022 | HK$474.6b | HK$787.5b | -HK$21,648,039,817.00 | 8.3x | -21.9x | 0.6x |
| Tue, 08 Nov 2022 | HK$446.6b | HK$771.7b | -HK$21,086,595,488.00 | 7.4x | -21.2x | 0.6x |
| Thu, 06 Oct 2022 | HK$474.7b | HK$745.2b | -HK$26,603,028,300.00 | 7.1x | -17.8x | 0.6x |
| Sat, 03 Sep 2022 | HK$535.4b | HK$764.1b | -HK$27,427,842,156.00 | 8.2x | -19.5x | 0.7x |
| Mon, 01 Aug 2022 | HK$495.1b | HK$762.1b | -HK$22,382,478,261.00 | 7.7x | -22.1x | 0.6x |
| Wed, 29 Jun 2022 | HK$508.3b | HK$766.9b | -HK$22,568,972,715.00 | 8.1x | -22.5x | 0.7x |
| Fri, 27 May 2022 | HK$498.6b | HK$771.0b | -HK$22,763,803,683.00 | 8.7x | -21.9x | 0.6x |
| Sun, 24 Apr 2022 | HK$497.5b | HK$763.6b | -HK$14,575,998,010.00 | 8.6x | -34.1x | 0.7x |
| Tue, 22 Mar 2022 | HK$511.5b | HK$755.3b | HK$12.7b | 8.8x | 40.3x | 0.7x |
| Thu, 17 Feb 2022 | HK$556.3b | HK$742.0b | HK$22.7b | 11.4x | 24.5x | 0.7x |
| Sat, 15 Jan 2022 | HK$582.2b | HK$738.6b | HK$22.7b | 14.2x | 25.7x | 0.8x |
| Mon, 13 Dec 2021 | HK$622.1b | HK$738.6b | HK$22.7b | 16.2x | 27.4x | 0.8x |
| Wed, 10 Nov 2021 | HK$526.6b | HK$734.4b | HK$22.6b | 14x | 23.3x | 0.7x |
| Fri, 08 Oct 2021 | HK$638.8b | HK$715.1b | HK$38.1b | 10.6x | 16.8x | 0.9x |
| Sun, 05 Sep 2021 | HK$541.5b | HK$711.9b | HK$37.9b | 12.5x | 14.3x | 0.8x |
| Tue, 03 Aug 2021 | HK$409.3b | HK$711.9b | HK$37.9b | 8.6x | 10.8x | 0.6x |
| Fri, 07 May 2021 | HK$387.4b | HK$675.9b | HK$40.2b | 7.5x | 9.6x | 0.6x |
Price to Earnings Ratio
9.6x
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 15.2x which is higher than its 3-year average PE of 3.0x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Independent Power Producers and Energy Traders industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.5% 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 and as a result, profits have held steady.
Industry Comparison
How does Hong Kong Independent Power Producers and Energy Traders compare with similar industries?
| HK Market | -1.99% | |
| Utilities | -3.58% | |
| Renewable Energy | -1.61% | |
| Independent Power Producers and Energy Traders | -1.16% | |
| Renewable Energy | -3.28% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1816 CGN Power | HK$2.61 | 4.8% +HK$6.1b | 32.5% | PE11.4x | |
| 1811 CGN New Energy Holdings | HK$2.31 | 0.4% +HK$42.9m | -8.0% | PE4.7x |
