Calculating The Fair Value Of Jilin Province Chuncheng Heating Company Limited (HKG:1853)
Jan 13
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Hong Kong (HSI) Water Industry Analysis
UpdatedJan 17, 2026
DataAggregated Company Financials
Companies12
- 7D-1.1%
- 3M-3.6%
- 1Y13.3%
- YTDn/a
The Water industry has been flat over the last week, but Guangdong Investment has lost 3.4%. As for the the longer term, the industry is up 13% over the past 12 months. As for the next few years, earnings are expected to grow by 4.8% per annum.
Industry Valuation and Performance
Has the Hong Kong Water Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 17 Jan 2026 | HK$83.9b | HK$68.1b | HK$5.1b | 9.9x | 16.5x | 1.2x |
| Mon, 15 Dec 2025 | HK$84.0b | HK$67.6b | HK$5.1b | 10x | 16.5x | 1.2x |
| Wed, 12 Nov 2025 | HK$91.6b | HK$67.9b | HK$5.3b | 10.3x | 17.4x | 1.3x |
| Fri, 10 Oct 2025 | HK$84.6b | HK$67.7b | HK$5.1b | 10x | 16.8x | 1.2x |
| Sun, 07 Sep 2025 | HK$89.7b | HK$67.8b | HK$5.1b | 10.2x | 17.6x | 1.3x |
| Tue, 05 Aug 2025 | HK$86.9b | HK$69.0b | HK$5.3b | 6.9x | 16.4x | 1.3x |
| Thu, 03 Jul 2025 | HK$81.5b | HK$69.1b | HK$5.3b | 5.8x | 15.4x | 1.2x |
| Sat, 31 May 2025 | HK$82.0b | HK$69.2b | HK$5.7b | 6x | 14.5x | 1.2x |
| Mon, 28 Apr 2025 | HK$78.6b | HK$68.4b | HK$5.6b | 6.5x | 14x | 1.2x |
| Wed, 26 Mar 2025 | HK$75.2b | HK$64.9b | HK$8.1b | 4.3x | 9.2x | 1.2x |
| Fri, 21 Feb 2025 | HK$74.4b | HK$72.4b | HK$6.4b | 4.8x | 11.7x | 1x |
| Sun, 19 Jan 2025 | HK$73.7b | HK$72.2b | HK$6.3b | 5x | 11.6x | 1x |
| Tue, 17 Dec 2024 | HK$78.4b | HK$72.3b | HK$6.4b | 4.2x | 12.3x | 1.1x |
| Thu, 14 Nov 2024 | HK$65.9b | HK$73.6b | HK$6.5b | 4.4x | 10.2x | 0.9x |
| Sat, 12 Oct 2024 | HK$70.6b | HK$73.4b | HK$6.6b | 4.7x | 10.7x | 1x |
| Mon, 09 Sep 2024 | HK$63.6b | HK$73.4b | HK$6.6b | 4x | 9.6x | 0.9x |
| Wed, 07 Aug 2024 | HK$61.6b | HK$77.8b | HK$6.2b | 5.1x | 9.9x | 0.8x |
| Fri, 05 Jul 2024 | HK$66.2b | HK$77.1b | HK$6.2b | 5x | 10.6x | 0.9x |
| Sun, 02 Jun 2024 | HK$67.6b | HK$78.7b | HK$6.4b | 5.4x | 10.6x | 0.9x |
| Tue, 30 Apr 2024 | HK$58.7b | HK$78.8b | HK$6.4b | 4.7x | 9.2x | 0.7x |
| Thu, 28 Mar 2024 | HK$52.5b | HK$78.4b | HK$6.5b | 4.5x | 8x | 0.7x |
| Sat, 24 Feb 2024 | HK$62.0b | HK$77.6b | HK$7.5b | 4.6x | 8.2x | 0.8x |
| Mon, 22 Jan 2024 | HK$67.0b | HK$77.7b | HK$7.5b | 3.9x | 8.9x | 0.9x |
| Wed, 20 Dec 2023 | HK$61.3b | HK$77.7b | HK$7.5b | 4.6x | 8.1x | 0.8x |
| Fri, 17 Nov 2023 | HK$66.6b | HK$77.4b | HK$7.7b | 4.5x | 8.7x | 0.9x |
| Sun, 15 Oct 2023 | HK$66.5b | HK$78.2b | HK$8.1b | 4.5x | 8.2x | 0.9x |
| Tue, 12 Sep 2023 | HK$71.6b | HK$79.9b | HK$8.3b | 5x | 8.6x | 0.9x |
| Thu, 10 Aug 2023 | HK$75.4b | HK$78.9b | HK$7.5b | 7.1x | 10x | 1x |
| Sat, 08 Jul 2023 | HK$77.5b | HK$78.9b | HK$7.5b | 5.9x | 10.3x | 1x |
| Mon, 05 Jun 2023 | HK$81.4b | HK$76.7b | HK$7.4b | 6.1x | 11x | 1.1x |
| Wed, 03 May 2023 | HK$85.2b | HK$77.0b | HK$7.4b | 6.3x | 11.5x | 1.1x |
| Fri, 31 Mar 2023 | HK$85.7b | HK$80.5b | HK$8.6b | 5.7x | 9.9x | 1.1x |
| Sun, 26 Feb 2023 | HK$92.6b | HK$80.6b | HK$8.7b | 6.3x | 10.7x | 1.1x |
| Tue, 24 Jan 2023 | HK$97.3b | HK$81.0b | HK$8.7b | 6.1x | 11.2x | 1.2x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are optimistic on the Hong Kong Water Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.5x which is higher than its 3-year average PE of 11.6x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Water Utilities industry have declined 16% per year over the last three years,
- Revenues have also declined 5.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Water compare with similar industries?
| HK Market | 1.58% | |
| Utilities | 0.72% | |
| Water Utilities | -1.08% | |
| Water | -1.08% | |
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 | |
|---|---|---|---|---|---|
| 6136 Kangda International Environmental | HK$0.52 | 2.0% +HK$23.1m | 73.3% | PE6.6x | |
| 2281 Luzhou Xinglu Water (Group) | HK$0.75 | 2.7% +HK$17.2m | 25.0% | PE3.1x | |
| 1542 Taizhou Water Group | HK$1.18 | 1.7% +HK$4.0m | -27.2% | PS0.4x | |
| 1395 ELL Environmental Holdings | HK$0.17 | 1.8% +HK$3.3m | 10.9% | PE15.8x |