Returns On Capital At CGN Power (HKG:1816) Have Hit The Brakes
Jul 28
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Renewable Energy Industry Analysis
UpdatedAug 11, 2025
DataAggregated Company Financials
Companies22
- 7D4.0%
- 3M18.6%
- 1Y12.3%
- YTD26.6%
In the last week, the Renewable Energy industry is up 4.0%, with CGN Power up 5.2%. During this same period, the Beijing Energy International Holding underperformed, falling 5.5%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Mon, 11 Aug 2025 | HK$871.1b | HK$895.3b | HK$64.4b | 9.8x | 13.5x | 1x |
| Wed, 09 Jul 2025 | HK$857.9b | HK$898.3b | HK$63.0b | 9.2x | 13.6x | 1x |
| Fri, 06 Jun 2025 | HK$826.4b | HK$897.6b | HK$63.0b | 9.1x | 13.1x | 0.9x |
| Sun, 04 May 2025 | HK$756.9b | HK$884.5b | HK$62.8b | 9x | 12x | 0.9x |
| Tue, 01 Apr 2025 | HK$745.8b | HK$904.1b | HK$63.6b | 9.2x | 11.7x | 0.8x |
| Thu, 27 Feb 2025 | HK$740.1b | HK$891.0b | HK$54.2b | 8.5x | 13.7x | 0.8x |
| Sat, 25 Jan 2025 | HK$700.2b | HK$893.9b | HK$54.3b | 7.8x | 12.9x | 0.8x |
| Mon, 23 Dec 2024 | HK$761.8b | HK$887.4b | HK$54.0b | 8.2x | 14.1x | 0.9x |
| Wed, 20 Nov 2024 | HK$767.0b | HK$893.6b | HK$54.3b | 8.1x | 14.1x | 0.9x |
| Fri, 18 Oct 2024 | HK$742.5b | HK$897.2b | HK$58.2b | 8.3x | 12.8x | 0.8x |
| Sun, 15 Sep 2024 | HK$686.1b | HK$902.4b | HK$58.5b | 7.4x | 11.7x | 0.8x |
| Tue, 13 Aug 2024 | HK$792.3b | HK$900.7b | HK$56.1b | 8.9x | 14.1x | 0.9x |
| Thu, 11 Jul 2024 | HK$852.2b | HK$900.1b | HK$57.1b | 9.5x | 14.9x | 0.9x |
| Sat, 08 Jun 2024 | HK$862.3b | HK$902.8b | HK$57.9b | 10x | 14.9x | 1x |
| Mon, 06 May 2024 | HK$777.8b | HK$903.9b | HK$58.1b | 9x | 13.4x | 0.9x |
| Wed, 03 Apr 2024 | HK$766.7b | HK$903.4b | HK$53.1b | 9.1x | 14.4x | 0.8x |
| Fri, 01 Mar 2024 | HK$738.4b | HK$915.0b | HK$53.0b | 8.6x | 13.9x | 0.8x |
| Sun, 28 Jan 2024 | HK$711.0b | HK$918.7b | HK$53.1b | 8.1x | 13.4x | 0.8x |
| Tue, 26 Dec 2023 | HK$673.6b | HK$919.6b | HK$53.2b | 8x | 12.7x | 0.7x |
| Thu, 23 Nov 2023 | HK$664.4b | HK$914.2b | HK$53.3b | 8x | 12.5x | 0.7x |
| Sat, 21 Oct 2023 | HK$651.7b | HK$901.0b | HK$41.2b | 7.4x | 15.8x | 0.7x |
| Mon, 18 Sep 2023 | HK$692.3b | HK$905.6b | HK$41.3b | 8.5x | 16.7x | 0.8x |
| Wed, 16 Aug 2023 | HK$728.0b | HK$889.3b | HK$35.9b | 9.6x | 20.3x | 0.8x |
| Fri, 14 Jul 2023 | HK$772.1b | HK$892.1b | HK$30.1b | 8.2x | 25.6x | 0.9x |
| Sun, 11 Jun 2023 | HK$715.4b | HK$897.0b | HK$30.2b | 9.4x | 23.7x | 0.8x |
| Tue, 09 May 2023 | HK$738.4b | HK$920.1b | HK$30.5b | 9.8x | 24.3x | 0.8x |
| Thu, 06 Apr 2023 | HK$664.9b | HK$922.2b | HK$24.9b | 9.8x | 26.7x | 0.7x |
| Sat, 04 Mar 2023 | HK$693.0b | HK$892.0b | -HK$12,684,198,805.00 | 8.6x | -54.6x | 0.8x |
| Mon, 30 Jan 2023 | HK$688.0b | HK$903.3b | -HK$12,757,683,984.00 | 9.1x | -53.9x | 0.8x |
| Wed, 28 Dec 2022 | HK$595.2b | HK$881.6b | -HK$12,263,587,607.00 | 7.9x | -48.5x | 0.7x |
| Fri, 25 Nov 2022 | HK$638.6b | HK$861.9b | -HK$11,806,280,157.00 | 8.7x | -54.1x | 0.7x |
| Sun, 23 Oct 2022 | HK$663.0b | HK$824.3b | -HK$17,287,776,140.00 | 8.5x | -38.3x | 0.8x |
| Tue, 20 Sep 2022 | HK$690.7b | HK$848.7b | -HK$17,984,519,323.00 | 8.4x | -38.4x | 0.8x |
| Thu, 18 Aug 2022 | HK$707.3b | HK$856.7b | -HK$16,336,346,593.00 | 8x | -43.3x | 0.8x |
Price to Earnings Ratio
-43.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.5x which is higher than its 3-year average PE of 2.4x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- Total earnings for the Renewable Energy industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Hong Kong Utilities industry?
| HK Market | 2.90% | |
| Utilities | 2.62% | |
| Renewable Energy | 3.95% | |
| Independent Power Producers and Energy Traders | 4.77% | |
| Renewable Energy | 2.15% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 17.8x.
- Analysts are expecting annual earnings growth of 28.9%, which is higher than its past year's earnings decline of 13.6% per year.
- Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.2x.
Forecasted Growth
- Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 14% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 8.0% per year over the next few years.
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$3.05 | 5.2% +HK$7.6b | -7.3% | PE13.8x | |
| 902 Huaneng Power International | HK$5.61 | 6.0% +HK$5.0b | 21.7% | PE8.9x | |
| 412 Shandong Hi-Speed Holdings Group | HK$17.75 | 3.7% +HK$3.8b | 213.6% | PE1813.8x | |
| 836 China Resources Power Holdings | HK$19.79 | 3.4% +HK$3.4b | -9.6% | PE7.1x | |
| 1071 Huadian Power International | HK$4.42 | 5.2% +HK$2.4b | 9.1% | PE9.2x |
