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Hong Kong (HSI) Independent Power Producers and Energy Traders Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies9
- 7D-0.5%
- 3M-15.4%
- 1Y22.5%
- YTDn/a
The Independent Power Producers and Energy Traders industry is up 3.2% in the last week, with CGN Power up 1.1%. This takes the industry's 12 month performance to a gain of 24%. Looking forward, earnings are forecast to grow by 17% 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, 24 Nov 2024 | HK$558.2b | HK$804.4b | HK$45.8b | 8x | 12.2x | 0.7x |
| Tue, 22 Oct 2024 | HK$591.3b | HK$812.7b | HK$49.8b | 8.7x | 11.9x | 0.7x |
| Thu, 19 Sep 2024 | HK$550.2b | HK$816.4b | HK$50.0b | 7.8x | 11x | 0.7x |
| Sat, 17 Aug 2024 | HK$639.2b | HK$815.9b | HK$45.8b | 9.8x | 13.9x | 0.8x |
| Mon, 15 Jul 2024 | HK$663.7b | HK$816.6b | HK$46.8b | 9.6x | 14.2x | 0.8x |
| Wed, 12 Jun 2024 | HK$680.7b | HK$816.3b | HK$46.8b | 10x | 14.5x | 0.8x |
| Fri, 10 May 2024 | HK$618.0b | HK$819.7b | HK$47.0b | 9x | 13.2x | 0.8x |
| Sun, 07 Apr 2024 | HK$597.4b | HK$817.5b | HK$42.2b | 10.2x | 14.1x | 0.7x |
| Tue, 05 Mar 2024 | HK$579.0b | HK$823.4b | HK$40.8b | 9.2x | 14.2x | 0.7x |
| Thu, 01 Feb 2024 | HK$549.6b | HK$832.8b | HK$41.2b | 9.1x | 13.3x | 0.7x |
| Sat, 30 Dec 2023 | HK$498.3b | HK$832.6b | HK$41.2b | 8.5x | 12.1x | 0.6x |
| Mon, 27 Nov 2023 | HK$478.5b | HK$825.4b | HK$40.9b | 7.9x | 11.7x | 0.6x |
| Wed, 25 Oct 2023 | HK$458.8b | HK$813.7b | HK$29.0b | 7.2x | 15.8x | 0.6x |
| Fri, 22 Sep 2023 | HK$500.7b | HK$814.3b | HK$29.1b | 7.7x | 17.2x | 0.6x |
| Sun, 20 Aug 2023 | HK$523.9b | HK$800.3b | HK$24.7b | 8.7x | 21.2x | 0.7x |
| Tue, 18 Jul 2023 | HK$556.8b | HK$800.2b | HK$18.7b | 8.5x | 29.7x | 0.7x |
| Thu, 15 Jun 2023 | HK$541.0b | HK$802.2b | HK$18.8b | 8.1x | 28.9x | 0.7x |
| Sat, 13 May 2023 | HK$594.1b | HK$823.6b | HK$19.1b | 9x | 31.1x | 0.7x |
| Mon, 10 Apr 2023 | HK$526.0b | HK$829.4b | HK$13.8b | 7.6x | 38.2x | 0.6x |
| Wed, 08 Mar 2023 | HK$546.6b | HK$795.1b | -HK$21,896,009,238.00 | 8.6x | -25x | 0.7x |
| Fri, 03 Feb 2023 | HK$525.7b | HK$816.1b | -HK$22,624,358,534.00 | 8.4x | -23.2x | 0.6x |
| Sun, 01 Jan 2023 | HK$503.6b | HK$795.1b | -HK$21,906,152,657.00 | 8.4x | -23x | 0.6x |
| Tue, 29 Nov 2022 | HK$497.7b | HK$770.0b | -HK$21,035,014,751.00 | 8.1x | -23.7x | 0.6x |
| Thu, 27 Oct 2022 | HK$488.1b | HK$750.3b | -HK$23,227,558,620.00 | 7.3x | -21x | 0.7x |
| Sat, 24 Sep 2022 | HK$504.6b | HK$748.4b | -HK$26,745,593,795.00 | 7.8x | -18.9x | 0.7x |
| Mon, 22 Aug 2022 | HK$539.5b | HK$769.6b | -HK$27,174,460,989.00 | 8.3x | -19.9x | 0.7x |
| Wed, 20 Jul 2022 | HK$515.9b | HK$760.8b | -HK$22,334,843,851.00 | 8.4x | -23.1x | 0.7x |
| Fri, 17 Jun 2022 | HK$475.8b | HK$765.0b | -HK$22,531,335,696.00 | 7.9x | -21.1x | 0.6x |
| Sun, 15 May 2022 | HK$479.3b | HK$757.8b | -HK$22,254,477,909.00 | 8.7x | -21.5x | 0.6x |
| Tue, 12 Apr 2022 | HK$484.7b | HK$777.2b | -HK$15,530,507,675.00 | 8.7x | -31.2x | 0.6x |
| Thu, 10 Mar 2022 | HK$572.3b | HK$745.6b | HK$22.8b | 10.5x | 25.1x | 0.8x |
| Sat, 05 Feb 2022 | HK$561.4b | HK$739.0b | HK$22.7b | 13.3x | 24.8x | 0.8x |
| Mon, 03 Jan 2022 | HK$691.0b | HK$740.2b | HK$22.7b | 17.9x | 30.4x | 0.9x |
| Wed, 01 Dec 2021 | HK$533.9b | HK$736.8b | HK$22.6b | 14.2x | 23.6x | 0.7x |
Price to Earnings Ratio
23.6x
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 12.5x which is higher than its 3-year average PE of 3.2x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- The earnings for companies in the Independent Power Producers and Energy Traders industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 3.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Independent Power Producers and Energy Traders compare with similar industries?
| HK Market | -0.64% | |
| Utilities | -0.35% | |
| Renewable Energy | -0.92% | |
| Independent Power Producers and Energy Traders | -0.50% | |
| Renewable Energy | -2.10% | |
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$2.77 | 1.1% +HK$1.5b | 48.1% | PE11.8x | |
| 836 China Resources Power Holdings | HK$18.02 | 0.2% +HK$200.4m | 16.4% | PE6.6x | |
| 90 Puxing Energy | HK$0.66 | 33.3% +HK$75.7m | 69.2% | PE3.7x |
