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Chinese (SSE) Energy Sector Analysis

UpdatedMay 30, 2024
DataAggregated Company Financials
Companies73
  • 7D1.0%
  • 3M6.4%
  • 1Y24.8%
  • YTD13.9%

Over the last 7 days, the Energy industry has risen 1.0%, and Jinneng Holding Shanxi Coal Industryltd contributed the most with a gain of 5.4%. In the same time, Pingdingshan Tianan Coal. Mining was down 5.2%. This takes the industry's 12 month performance to a gain of 25%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Chinese Energy Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 May 2024CN¥1.3tCN¥1.0tCN¥88.2b17x14.4x1.2x
Sat, 27 Apr 2024CN¥1.2tCN¥1.0tCN¥92.7b15.9x12.8x1.2x
Mon, 25 Mar 2024CN¥1.2tCN¥1.1tCN¥106.1b15.3x11.1x1.1x
Wed, 21 Feb 2024CN¥1.2tCN¥1.1tCN¥111.1b13x10.4x1.1x
Fri, 19 Jan 2024CN¥1.1tCN¥1.1tCN¥110.0b12.7x10.1x1x
Sun, 17 Dec 2023CN¥1.1tCN¥1.1tCN¥110.0b13.8x9.8x1x
Tue, 14 Nov 2023CN¥1.1tCN¥1.1tCN¥109.8b14.3x9.6x1x
Thu, 12 Oct 2023CN¥1.1tCN¥1.1tCN¥117.7b14x8.9x0.9x
Sat, 09 Sep 2023CN¥1.0tCN¥1.1tCN¥118.2b14.4x8.8x0.9x
Mon, 07 Aug 2023CN¥1.0tCN¥1.1tCN¥145.3b14.4x7x0.9x
Wed, 05 Jul 2023CN¥1.0tCN¥1.1tCN¥144.9b14.4x7.1x0.9x
Fri, 02 Jun 2023CN¥1.0tCN¥1.1tCN¥145.0b14.3x7x0.9x
Sun, 30 Apr 2023CN¥1.1tCN¥1.2tCN¥146.9b15.1x7.6x1x
Tue, 28 Mar 2023CN¥1.1tCN¥1.1tCN¥133.9b16.3x7.9x1x
Thu, 23 Feb 2023CN¥1.1tCN¥1.1tCN¥130.2b17x8.7x1x
Sat, 21 Jan 2023CN¥1.1tCN¥1.1tCN¥130.2b16.7x8.4x1x
Mon, 19 Dec 2022CN¥1.0tCN¥1.1tCN¥130.4b17x8x0.9x
Wed, 16 Nov 2022CN¥1.1tCN¥1.1tCN¥130.3b17.7x8.3x1x
Fri, 14 Oct 2022CN¥1.1tCN¥1.1tCN¥123.3b18.4x9x1x
Sun, 11 Sep 2022CN¥1.2tCN¥1.1tCN¥123.3b19.9x9.9x1.1x
Tue, 09 Aug 2022CN¥1.0tCN¥1.0tCN¥93.5b24.9x11.1x1x
Thu, 07 Jul 2022CN¥1.1tCN¥1.0tCN¥93.4b23.2x11.4x1.1x
Sat, 04 Jun 2022CN¥1.1tCN¥1.0tCN¥93.4b20.9x11.3x1x
Mon, 02 May 2022CN¥946.6bCN¥992.2bCN¥88.1b17.7x10.7x1x
Wed, 30 Mar 2022CN¥995.3bCN¥920.4bCN¥70.5b19.7x14.1x1.1x
Fri, 25 Feb 2022CN¥1.0tCN¥878.5bCN¥69.4b20.7x14.7x1.2x
Sun, 23 Jan 2022CN¥955.1bCN¥872.5bCN¥65.4b19.2x14.6x1.1x
Tue, 21 Dec 2021CN¥929.2bCN¥841.9bCN¥64.8b20x14.3x1.1x
Thu, 18 Nov 2021CN¥869.5bCN¥841.9bCN¥64.8b20.1x13.4x1x
Sat, 16 Oct 2021CN¥1.0tCN¥785.3bCN¥57.1b21.9x18.3x1.3x
Mon, 13 Sep 2021CN¥1.2tCN¥785.0bCN¥57.1b24.4x21.1x1.5x
Wed, 11 Aug 2021CN¥911.3bCN¥785.0bCN¥57.1b18.1x16x1.2x
Sun, 06 Jun 2021CN¥812.6bCN¥734.2bCN¥48.1b19.2x16.9x1.1x
Price to Earnings Ratio

16.9x


Total Market Cap: CN¥812.6bTotal Earnings: CN¥48.1bTotal Revenue: CN¥734.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Energy Sector Price to Earnings3Y Average 11.3x202220232024
Current Industry PE
  • Investors are optimistic on the Chinese Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.4x which is higher than its 3-year average PE of 11.3x.
  • 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 Energy industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Chinese Energy sector?

CN Market-2.62%
Energy1.03%
Energy Services1.24%
Oil and Gas0.99%
Industry PE
  • Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 30.5x.
    • Analysts are expecting annual earnings growth of 18.2%, which is higher than its past year's earnings growth of 8.0% per year.
  • Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.7x.
Forecasted Growth
  • Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 8.0% per year.
  • In contrast, the Oil and Gas industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
601001 Jinneng Holding Shanxi Coal IndustryltdCN¥18.435.4%
+CN¥1.6b
100.5%PE9.2x
605090 Jiangxi Jovo EnergyCN¥27.528.7%
+CN¥1.4b
29.5%PE12.8x
601918 China Coal Xinji EnergyLtdCN¥10.335.1%
+CN¥1.3b
152.6%PE12.7x
600348 Shan Xi Hua Yang Group New EnergyLtdCN¥10.992.3%
+CN¥901.9m
33.4%PE9.4x
2353 Yantai Jereh Oilfield Services GroupCN¥34.982.3%
+CN¥816.8m
51.4%PE14.4x
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Latest News

600348

CN¥10.99

Shan Xi Hua Yang Group New EnergyLtd

7D

2.3%

1Y

33.4%

600777

CN¥1.89

Shandong Xinchao Energy

7D

5.6%

1Y

-23.2%

601666

CN¥13.05

Pingdingshan Tianan Coal. Mining

7D

-5.2%

1Y

66.7%

603071

CN¥13.90

ZJMI Environmental Energy

7D

-5.8%

1Y

-15.2%