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Hong Kong (HSI) Renewable Energy Industry Analysis
UpdatedAug 13, 2022
DataAggregated Company Financials
Companies14
- 7D-0.4%
- 3M-17.6%
- 1Y-18.5%
- YTD-35.0%
Over the last 7 days, the Renewable Energy industry has remained flat, although notably Canvest Environmental Protection Group gained 6.2%. Unfortunately though, the industry is down 22% over the past 12 months. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Aug 2022 | HK$177.1b | HK$92.8b | HK$9.7b | 7.9x | 18.2x | 1.9x |
| Mon, 11 Jul 2022 | HK$220.8b | HK$92.8b | HK$10.1b | 8.2x | 21.9x | 2.4x |
| Wed, 08 Jun 2022 | HK$223.4b | HK$93.2b | HK$10.1b | 8.3x | 22.1x | 2.4x |
| Fri, 06 May 2022 | HK$215.5b | HK$94.1b | HK$10.5b | 8.7x | 20.4x | 2.3x |
| Sun, 03 Apr 2022 | HK$249.3b | HK$96.4b | HK$12.1b | 8.2x | 20.7x | 2.6x |
| Tue, 01 Mar 2022 | HK$223.3b | HK$93.9b | HK$12.1b | 8.9x | 18.4x | 2.4x |
| Thu, 27 Jan 2022 | HK$230.0b | HK$93.5b | HK$12.1b | 9x | 19.1x | 2.5x |
| Sat, 25 Dec 2021 | HK$252.3b | HK$93.1b | HK$12.0b | 9.9x | 21x | 2.7x |
| Mon, 22 Nov 2021 | HK$219.3b | HK$92.9b | HK$12.0b | 9.1x | 18.3x | 2.4x |
| Wed, 20 Oct 2021 | HK$250.6b | HK$89.6b | HK$11.7b | 10.2x | 21.4x | 2.8x |
| Fri, 17 Sep 2021 | HK$222.0b | HK$89.6b | HK$11.7b | 10.1x | 19x | 2.5x |
| Sun, 15 Aug 2021 | HK$206.3b | HK$89.5b | HK$10.9b | 9.5x | 18.9x | 2.3x |
| Thu, 10 Jun 2021 | HK$168.6b | HK$85.6b | HK$10.4b | 9.6x | 16.3x | 2x |
| Wed, 03 Mar 2021 | HK$180.3b | HK$81.7b | HK$8.5b | 11.2x | 21.1x | 2.2x |
| Sat, 05 Dec 2020 | HK$125.5b | HK$78.1b | HK$7.3b | 8x | 17.2x | 1.6x |
| Tue, 08 Sep 2020 | HK$97.1b | HK$75.0b | HK$5.4b | 7.6x | 17.9x | 1.3x |
| Mon, 01 Jun 2020 | HK$74.4b | HK$75.3b | HK$5.6b | 6.1x | 13.4x | 1x |
| Thu, 05 Mar 2020 | HK$88.4b | HK$76.8b | HK$5.8b | 6.8x | 15.1x | 1.2x |
| Sun, 08 Dec 2019 | HK$88.3b | HK$74.2b | HK$7.0b | 7.3x | 12.6x | 1.2x |
| Sat, 31 Aug 2019 | HK$97.8b | HK$76.3b | HK$10.5b | 8.3x | 9.3x | 1.3x |
Price to Earnings Ratio
9.3x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Renewable Electricity industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 17.2x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 6.8% 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 Renewable Energy compare with similar industries?
| HK Market | 0.30% | |
| Utilities | 0.90% | |
| Renewable Energy | 1.57% | |
| Renewable Energy | -0.44% | |
| Independent Power Producers and Energy Traders | 2.32% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 916 China Longyuan Power Group | HK$11.98 | 0.7% +HK$670.6m | -13.3% | PE15.7x | |
| 1381 Canvest Environmental Protection Group | HK$4.23 | 4.7% +HK$463.5m | 6.8% | PE7.8x | |
| 1250 Shandong Hi-Speed New Energy Group | HK$0.079 | 3.9% +HK$337.0m | -13.2% | PS1.5x | |
| 686 Beijing Energy International Holding | HK$0.23 | 3.1% +HK$157.0m | -11.5% | PE7.9x | |
| 295 Kong Sun Holdings | HK$0.043 | 7.5% +HK$44.9m | -36.8% | PS0.6x |
