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 14, 2026
DataAggregated Company Financials
Companies12
- 7D0.7%
- 3M-2.7%
- 1Y13.5%
- YTDn/a
Over the last 7 days, the Water industry has risen 2.3%, driven by gains from China Water Affairs Group of 6.6%. This takes the industry's 12 month performance to a gain of 13%. Looking forward, earnings are forecast to grow by 4.7% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 14 Jan 2026 | HK$84.4b | HK$68.1b | HK$5.1b | 10.1x | 16.6x | 1.2x |
| Fri, 12 Dec 2025 | HK$82.6b | HK$67.5b | HK$5.1b | 9.8x | 16.2x | 1.2x |
| Sun, 09 Nov 2025 | HK$90.6b | HK$67.9b | HK$5.3b | 10.2x | 17.2x | 1.3x |
| Tue, 07 Oct 2025 | HK$85.7b | HK$67.8b | HK$5.1b | 10x | 17x | 1.3x |
| Thu, 04 Sep 2025 | HK$89.1b | HK$67.8b | HK$5.1b | 10.1x | 17.5x | 1.3x |
| Sat, 02 Aug 2025 | HK$86.5b | HK$68.8b | HK$5.3b | 6.8x | 16.4x | 1.3x |
| Mon, 30 Jun 2025 | HK$80.5b | HK$69.4b | HK$5.7b | 5.8x | 14.2x | 1.2x |
| Wed, 28 May 2025 | HK$82.5b | HK$69.2b | HK$5.7b | 6x | 14.6x | 1.2x |
| Fri, 25 Apr 2025 | HK$79.8b | HK$68.4b | HK$5.6b | 6.5x | 14.2x | 1.2x |
| Sun, 23 Mar 2025 | HK$77.0b | HK$72.4b | HK$6.4b | 4.1x | 12x | 1.1x |
| Tue, 18 Feb 2025 | HK$74.0b | HK$72.4b | HK$6.4b | 4.2x | 11.6x | 1x |
| Thu, 16 Jan 2025 | HK$74.1b | HK$72.1b | HK$6.3b | 4.9x | 11.7x | 1x |
| Sat, 14 Dec 2024 | HK$77.4b | HK$72.3b | HK$6.4b | 4.1x | 12.2x | 1.1x |
| Mon, 11 Nov 2024 | HK$67.9b | HK$73.7b | HK$6.5b | 4.2x | 10.5x | 0.9x |
| Wed, 09 Oct 2024 | HK$74.0b | HK$73.5b | HK$6.6b | 4.7x | 11.2x | 1x |
| Fri, 06 Sep 2024 | HK$63.6b | HK$73.4b | HK$6.6b | 4x | 9.6x | 0.9x |
| Sun, 04 Aug 2024 | HK$61.9b | HK$77.7b | HK$6.2b | 5.1x | 9.9x | 0.8x |
| Tue, 02 Jul 2024 | HK$66.6b | HK$77.2b | HK$6.2b | 5x | 10.7x | 0.9x |
| Thu, 30 May 2024 | HK$69.1b | HK$78.7b | HK$6.4b | 5.4x | 10.8x | 0.9x |
| Sat, 27 Apr 2024 | HK$57.0b | HK$78.8b | HK$6.4b | 4.7x | 8.9x | 0.7x |
| Mon, 25 Mar 2024 | HK$62.9b | HK$77.6b | HK$7.5b | 4.6x | 8.4x | 0.8x |
| Wed, 21 Feb 2024 | HK$61.9b | HK$77.6b | HK$7.5b | 4.5x | 8.2x | 0.8x |
| Fri, 19 Jan 2024 | HK$68.0b | HK$77.6b | HK$7.5b | 4x | 9x | 0.9x |
| Sun, 17 Dec 2023 | HK$62.0b | HK$77.7b | HK$7.5b | 4.1x | 8.2x | 0.8x |
| Tue, 14 Nov 2023 | HK$65.2b | HK$77.4b | HK$7.7b | 4.5x | 8.5x | 0.8x |
| Thu, 12 Oct 2023 | HK$67.3b | HK$78.2b | HK$8.1b | 4.6x | 8.3x | 0.9x |
| Sat, 09 Sep 2023 | HK$72.7b | HK$79.8b | HK$8.3b | 5.1x | 8.8x | 0.9x |
| Mon, 07 Aug 2023 | HK$77.5b | HK$78.9b | HK$7.5b | 6.9x | 10.3x | 1x |
| Wed, 05 Jul 2023 | HK$78.8b | HK$77.3b | HK$7.4b | 6x | 10.6x | 1x |
| Fri, 02 Jun 2023 | HK$80.1b | HK$76.6b | HK$7.4b | 6x | 10.8x | 1x |
| Sun, 30 Apr 2023 | HK$85.2b | HK$77.0b | HK$7.4b | 6.3x | 11.5x | 1.1x |
| Tue, 28 Mar 2023 | HK$86.6b | HK$80.5b | HK$8.6b | 5.7x | 10x | 1.1x |
| Thu, 23 Feb 2023 | HK$93.3b | HK$80.7b | HK$8.7b | 6.3x | 10.7x | 1.2x |
| Sat, 21 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 16.7x 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 | 1.01% | |
| Utilities | 1.43% | |
| Water Utilities | 0.72% | |
| Water | 0.72% | |
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 | |
|---|---|---|---|---|---|
| 371 Beijing Enterprises Water Group | HK$2.56 | 2.0% +HK$502.3m | 9.4% | PE17.2x | |
| 855 China Water Affairs Group | HK$5.54 | 3.9% +HK$342.6m | 19.1% | PE10.2x | |
| 1853 Jilin Province Chuncheng Heating | HK$1.75 | 10.8% +HK$79.3m | 9.4% | PE12.4x | |
| 6136 Kangda International Environmental | HK$0.51 | 4.1% +HK$46.1m | 70.0% | PE6.5x | |
| 646 China Environmental Technology Holdings | HK$0.16 | 2.5% +HK$1.4m | -25.1% | PS2x |
