Leshan Electric Power Co.,Ltd (SHSE:600644) Looks Just Right With A 26% Price Jump
May 13
Chinese (SSE) Electric Utilities Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies15
- 7D0.4%
- 3M56.2%
- 1Y-1.8%
- YTD8.3%
Last week, the Electric Utilities industry hasn't moved much but China Southern Power Grid Energy Storage is up 7.2% in that time. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 27% annually.
Industry Valuation and Performance
Has the Chinese Electric Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | CN¥156.5b | CN¥108.5b | CN¥5.4b | 32.1x | 29.1x | 1.4x |
| Tue, 16 Apr 2024 | CN¥144.8b | CN¥111.1b | CN¥3.8b | 30.1x | 37.9x | 1.3x |
| Thu, 14 Mar 2024 | CN¥138.2b | CN¥112.6b | CN¥3.9b | 26.8x | 35.7x | 1.2x |
| Sat, 10 Feb 2024 | CN¥126.0b | CN¥111.0b | CN¥3.4b | 23.5x | 36.8x | 1.1x |
| Mon, 08 Jan 2024 | CN¥141.7b | CN¥111.0b | CN¥3.4b | 29.2x | 41.2x | 1.3x |
| Wed, 06 Dec 2023 | CN¥138.5b | CN¥111.0b | CN¥3.4b | 28x | 40.3x | 1.2x |
| Fri, 03 Nov 2023 | CN¥138.8b | CN¥109.7b | CN¥3.1b | 32.4x | 44.7x | 1.3x |
| Sun, 01 Oct 2023 | CN¥140.7b | CN¥115.9b | CN¥1.8b | 30.5x | 77.2x | 1.2x |
| Tue, 29 Aug 2023 | CN¥144.3b | CN¥115.8b | CN¥1.4b | 30.5x | 104.7x | 1.2x |
| Thu, 27 Jul 2023 | CN¥162.8b | CN¥114.6b | CN¥1.1b | 44.3x | 148.1x | 1.4x |
| Sat, 24 Jun 2023 | CN¥167.2b | CN¥114.5b | CN¥1.1b | 43.4x | 153x | 1.5x |
| Mon, 22 May 2023 | CN¥160.8b | CN¥115.2b | CN¥1.1b | 39.7x | 143.9x | 1.4x |
| Wed, 19 Apr 2023 | CN¥156.3b | CN¥112.5b | CN¥1.2b | 28.4x | 125.2x | 1.4x |
| Fri, 17 Mar 2023 | CN¥156.4b | CN¥104.7b | CN¥563.6m | 32.5x | 277.6x | 1.5x |
| Sun, 12 Feb 2023 | CN¥161.2b | CN¥105.3b | -CN¥296,120,952.00 | 34x | -544.4x | 1.5x |
| Tue, 10 Jan 2023 | CN¥153.1b | CN¥105.1b | -CN¥299,659,611.00 | 31.2x | -510.8x | 1.5x |
| Thu, 08 Dec 2022 | CN¥144.3b | CN¥95.0b | CN¥779.1m | 31.9x | 185.3x | 1.5x |
| Sat, 05 Nov 2022 | CN¥140.5b | CN¥108.2b | -CN¥1,848,468,547.00 | 30.6x | -76x | 1.3x |
| Mon, 03 Oct 2022 | CN¥135.4b | CN¥85.3b | CN¥302.5m | 26.9x | 447.7x | 1.6x |
| Wed, 31 Aug 2022 | CN¥124.2b | CN¥95.4b | -CN¥453,501,251.00 | 32.5x | -273.8x | 1.3x |
| Fri, 29 Jul 2022 | CN¥122.5b | CN¥98.9b | -CN¥961,251,633.00 | 31.1x | -127.4x | 1.2x |
| Sun, 26 Jun 2022 | CN¥115.3b | CN¥98.2b | -CN¥1,031,877,622.00 | 30.2x | -111.7x | 1.2x |
| Tue, 24 May 2022 | CN¥106.6b | CN¥98.2b | -CN¥1,031,541,608.00 | 29.8x | -103.3x | 1.1x |
| Thu, 21 Apr 2022 | CN¥108.5b | CN¥96.1b | -CN¥612,077,744.00 | 27.7x | -177.3x | 1.1x |
| Sat, 19 Mar 2022 | CN¥114.1b | CN¥87.4b | CN¥1.2b | 32.9x | 97.6x | 1.3x |
| Mon, 14 Feb 2022 | CN¥116.4b | CN¥84.7b | CN¥3.2b | 34.1x | 36.6x | 1.4x |
| Wed, 12 Jan 2022 | CN¥128.4b | CN¥84.6b | CN¥3.2b | 37x | 40.4x | 1.5x |
| Fri, 10 Dec 2021 | CN¥127.7b | CN¥84.7b | CN¥3.2b | 38.1x | 40.2x | 1.5x |
| Sun, 07 Nov 2021 | CN¥119.9b | CN¥84.6b | CN¥3.2b | 40x | 37.7x | 1.4x |
| Tue, 05 Oct 2021 | CN¥128.5b | CN¥95.3b | CN¥4.8b | 45.4x | 26.9x | 1.3x |
| Thu, 02 Sep 2021 | CN¥120.0b | CN¥96.0b | CN¥4.9b | 31.6x | 24.4x | 1.3x |
| Sat, 31 Jul 2021 | CN¥102.7b | CN¥95.3b | CN¥4.8b | 29.2x | 21.5x | 1.1x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are pessimistic on the Chinese Electric Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 29.1x which is lower than its 3-year average PE of 67.2x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Electric Utilities industry have grown 5.5% per year over the last three years.
- Revenues for these companies have grown 7.0% 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 Utilities industry?
| CN Market | 0.029% | |
| Utilities | -0.32% | |
| Electric Utilities | 0.42% | |
| Electric Utilities | 0.42% | |
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 | |
|---|---|---|---|---|---|
| 600995 China Southern Power Grid Energy Storage | CN¥11.08 | 7.2% +CN¥2.4b | -13.2% | PE38.5x | |
| 600101 Sichuan Mingxing Electric Power | CN¥12.11 | 19.7% +CN¥1.1b | 32.5% | PE34.7x | |
| 600452 Chongqing Fuling Electric Power Industrial | CN¥15.13 | 1.9% +CN¥307.3m | -5.9% | PE32.1x | |
| 600396 Huadian Liaoning Energy DevelopmentLtd | CN¥3.16 | 5.0% +CN¥220.9m | 37.4% | PE1.8x | |
| 600505 Sichuan Xichang Electric PowerLtd | CN¥11.90 | 4.2% +CN¥175.0m | 45.3% | PS3x |
