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Hong Kong (HSI) Renewable Energy Industry Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
  • 7D-8.6%
  • 3M-10.7%
  • 1Y-35.5%
  • YTD-42.3%

Over the last 7 days, the Renewable Energy industry has dropped 8.6%, driven by a pullback from China Longyuan Power Group of 9.8%. However, the industry is down 36% over the past year. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023HK$175.7bHK$91.2bHK$12.2b7.4x14.4x1.9x
Tue, 31 Oct 2023HK$187.0bHK$87.4bHK$12.4b7.7x15.1x2.1x
Thu, 28 Sep 2023HK$182.4bHK$87.7bHK$12.2b8.1x15x2.1x
Sat, 26 Aug 2023HK$184.0bHK$88.9bHK$11.0b9.3x16.7x2.1x
Mon, 24 Jul 2023HK$208.1bHK$90.9bHK$11.3b8x18.3x2.3x
Wed, 21 Jun 2023HK$140.5bHK$90.8bHK$11.4b9.5x12.4x1.5x
Fri, 19 May 2023HK$143.1bHK$92.2bHK$11.5b9.7x12.4x1.6x
Sun, 16 Apr 2023HK$147.2bHK$94.1bHK$12.1b9x12.2x1.6x
Tue, 14 Mar 2023HK$153.6bHK$94.1bHK$9.3b9.6x16.4x1.6x
Thu, 09 Feb 2023HK$165.8bHK$94.9bHK$9.6b9.2x17.2x1.7x
Sat, 07 Jan 2023HK$174.4bHK$94.0bHK$9.5b9.6x18.3x1.9x
Mon, 05 Dec 2022HK$144.6bHK$92.0bHK$9.4b8.7x15.4x1.6x
Wed, 02 Nov 2022HK$142.2bHK$89.9bHK$9.2b8.6x15.5x1.6x
Fri, 30 Sep 2022HK$147.2bHK$90.4bHK$8.9b9.9x16.5x1.6x
Sun, 28 Aug 2022HK$189.2bHK$95.4bHK$9.3b12x20.4x2x
Tue, 26 Jul 2022HK$187.1bHK$92.3bHK$10.0b8x18.7x2x
Thu, 23 Jun 2022HK$212.2bHK$92.9bHK$10.1b8x21.1x2.3x
Sat, 21 May 2022HK$217.3bHK$92.7bHK$10.0b8.5x21.6x2.3x
Mon, 18 Apr 2022HK$233.0bHK$96.1bHK$11.6b8.2x20x2.4x
Wed, 16 Mar 2022HK$201.6bHK$92.6bHK$12.0b7.9x16.8x2.2x
Fri, 11 Feb 2022HK$234.6bHK$93.2bHK$12.0b9.4x19.5x2.5x
Sun, 09 Jan 2022HK$219.5bHK$93.1bHK$12.0b9.7x18.3x2.4x
Tue, 07 Dec 2021HK$221.2bHK$93.0bHK$12.0b8.9x18.4x2.4x
Thu, 04 Nov 2021HK$239.8bHK$92.7bHK$12.0b9.4x20x2.6x
Sat, 02 Oct 2021HK$259.6bHK$89.5bHK$11.7b10.3x22.2x2.9x
Mon, 30 Aug 2021HK$226.2bHK$89.5bHK$10.9b9.2x20.8x2.5x
Tue, 06 Jul 2021HK$201.4bHK$89.5bHK$10.9b9.8x18.5x2.3x
Fri, 09 Apr 2021HK$165.2bHK$85.6bHK$10.4b10x16x1.9x
Thu, 31 Dec 2020HK$152.4bHK$81.7bHK$8.5b9.6x17.8x1.9x
Price to Earnings Ratio


Total Market Cap: HK$125.5bTotal Earnings: HK$7.3bTotal Revenue: HK$78.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Renewable Energy Industry Price to Earnings3Y Average 17.7x202120222023
Current Industry PE
  • Investors are pessimistic on the Hong Kong Renewable Electricity industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 14.4x which is lower than its 3-year average PE of 17.7x.
  • The industry is trading close to its 3-year average PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Renewable Electricity industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 Renewable Energy compare with similar industries?

HK Market-2.96%
Renewable Energy-2.22%
Renewable Energy-8.60%
Independent Power Producers and Energy Traders0.32%
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?

CompanyLast Price7D1YValuation
1381 Canvest Environmental Protection GroupHK$3.760.3%
1185 China Energine International (Holdings)HK$0.0646.7%
1004 China Smarter Energy Group HoldingsHK$0.025.3%
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