Earnings Troubles May Signal Larger Issues for Shan Xi Hua Yang Group New EnergyLtd (SHSE:600348) Shareholders
May 06
Chinese (SSE) Coal and Fuels Industry Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies23
- 7D-2.0%
- 3M5.3%
- 1Y13.9%
- YTDn/a
Over the last 7 days, the Coal and Fuels industry has dropped 2.0%, driven by a pullback from Shaanxi Coal Industry of 2.2%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 9.8% annually.
Industry Valuation and Performance
Has the Chinese Coal and Fuels Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | CN¥720.4b | CN¥526.1b | CN¥59.4b | 11.7x | 12.1x | 1.4x |
| Sun, 14 Apr 2024 | CN¥737.9b | CN¥554.9b | CN¥73.8b | 10.3x | 10x | 1.3x |
| Tue, 12 Mar 2024 | CN¥744.3b | CN¥559.2b | CN¥79.4b | 9.5x | 9.4x | 1.3x |
| Thu, 08 Feb 2024 | CN¥678.7b | CN¥559.9b | CN¥79.7b | 8.5x | 8.5x | 1.2x |
| Sat, 06 Jan 2024 | CN¥671.2b | CN¥559.9b | CN¥79.7b | 8.6x | 8.4x | 1.2x |
| Mon, 04 Dec 2023 | CN¥623.9b | CN¥559.9b | CN¥79.7b | 7.9x | 7.8x | 1.1x |
| Wed, 01 Nov 2023 | CN¥570.6b | CN¥573.8b | CN¥80.5b | 7.3x | 7.1x | 1x |
| Fri, 29 Sep 2023 | CN¥591.3b | CN¥589.5b | CN¥85.4b | 7.4x | 6.9x | 1x |
| Sun, 27 Aug 2023 | CN¥523.4b | CN¥593.1b | CN¥103.7b | 6x | 5x | 0.9x |
| Tue, 25 Jul 2023 | CN¥536.0b | CN¥618.8b | CN¥111.0b | 5.3x | 4.8x | 0.9x |
| Thu, 22 Jun 2023 | CN¥547.5b | CN¥618.6b | CN¥110.1b | 5.2x | 5x | 0.9x |
| Sat, 20 May 2023 | CN¥628.3b | CN¥618.9b | CN¥110.2b | 6.1x | 5.7x | 1x |
| Mon, 17 Apr 2023 | CN¥601.2b | CN¥620.9b | CN¥106.8b | 5.8x | 5.6x | 1x |
| Wed, 15 Mar 2023 | CN¥575.3b | CN¥612.4b | CN¥101.3b | 5.6x | 5.7x | 0.9x |
| Fri, 10 Feb 2023 | CN¥569.9b | CN¥605.4b | CN¥102.3b | 5.6x | 5.6x | 0.9x |
| Sun, 08 Jan 2023 | CN¥528.9b | CN¥606.0b | CN¥102.5b | 5.1x | 5.2x | 0.9x |
| Tue, 06 Dec 2022 | CN¥579.8b | CN¥605.8b | CN¥102.5b | 5.6x | 5.7x | 1x |
| Thu, 03 Nov 2022 | CN¥553.7b | CN¥605.5b | CN¥102.4b | 5.1x | 5.4x | 0.9x |
| Sat, 01 Oct 2022 | CN¥623.3b | CN¥597.5b | CN¥99.6b | 6.1x | 6.3x | 1x |
| Mon, 29 Aug 2022 | CN¥654.1b | CN¥593.4b | CN¥82.3b | 7.3x | 8x | 1.1x |
| Wed, 27 Jul 2022 | CN¥567.1b | CN¥575.4b | CN¥74.8b | 7.4x | 7.6x | 1x |
| Fri, 24 Jun 2022 | CN¥577.8b | CN¥572.3b | CN¥74.8b | 7.7x | 7.7x | 1x |
| Sun, 22 May 2022 | CN¥557.6b | CN¥572.3b | CN¥74.8b | 7.3x | 7.5x | 1x |
| Tue, 19 Apr 2022 | CN¥565.9b | CN¥534.2b | CN¥60.5b | 9.9x | 9.4x | 1.1x |
| Thu, 17 Mar 2022 | CN¥525.5b | CN¥572.6b | CN¥60.4b | 9x | 8.7x | 0.9x |
| Sat, 12 Feb 2022 | CN¥545.0b | CN¥528.7b | CN¥54.5b | 9.7x | 10x | 1x |
| Mon, 10 Jan 2022 | CN¥481.7b | CN¥496.9b | CN¥53.9b | 9.2x | 8.9x | 1x |
| Wed, 08 Dec 2021 | CN¥490.0b | CN¥496.9b | CN¥53.9b | 9.3x | 9.1x | 1x |
| Fri, 05 Nov 2021 | CN¥489.2b | CN¥496.9b | CN¥53.9b | 9.4x | 9.1x | 1x |
| Sun, 03 Oct 2021 | CN¥637.1b | CN¥457.3b | CN¥46.8b | 15x | 13.6x | 1.4x |
| Tue, 31 Aug 2021 | CN¥614.1b | CN¥457.0b | CN¥46.8b | 13.6x | 13.1x | 1.3x |
| Wed, 07 Jul 2021 | CN¥454.9b | CN¥457.0b | CN¥46.8b | 10.4x | 9.7x | 1x |
Price to Earnings Ratio
11.5x
Current Industry PE
- Investors are optimistic on the Chinese Coal and Consumable Fuels industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 12.1x which is higher than its 3-year average PE of 8.0x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Coal and Consumable Fuels industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Coal and Fuels compare with similar industries?
| CN Market | -1.53% | |
| Energy | -1.33% | |
| Oil and Gas | -1.47% | |
| Coal and Fuels | -1.98% | |
| Oil and Gas Exploration and Production | 3.80% | |
| Integrated Oil and Gas | 1.30% | |
| Oil and Gas Storage and Transportation | -0.66% | |
| Oil and Gas Refining and Marketing | -3.25% | |
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 | |
|---|---|---|---|---|---|
| 600348 Shan Xi Hua Yang Group New EnergyLtd | CN¥10.54 | 3.6% +CN¥1.3b | 12.7% | PE9x | |
| 600395 Guizhou Panjiang Refined CoalLtd | CN¥6.51 | 4.2% +CN¥558.1m | -3.7% | PE34.6x | |
| 552 Gansu Energy Chemical | CN¥3.55 | 2.0% +CN¥370.8m | 2.3% | PE14.3x | |
| 601101 Beijing Haohua Energy Resource | CN¥9.78 | 1.5% +CN¥201.6m | 53.3% | PE13.3x | |
| 600714 Qinghai Jinrui Mineral Development | CN¥8.42 | 6.7% +CN¥152.7m | -4.3% | PE367.2x |
