We Think You Should Be Aware Of Some Concerning Factors In Yanchang Petroleum International's (HKG:346) Earnings
May 01
Hong Kong (HSI) Oil and Gas Refining and Marketing Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies6
- 7D2.4%
- 3M19.9%
- 1Y-7.2%
- YTDn/a
Over the last 7 days, the Oil and Gas Refining and Marketing industry has risen 2.4%, driven by gains from Strong Petrochemical Holdings of 12%. However, the industry is down 7.2% over the past year.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Refining and Marketing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$2.0b | HK$30.9b | HK$150.7m | 2.8x | 13.5x | 0.07x |
| Tue, 16 Apr 2024 | HK$2.0b | HK$30.9b | HK$150.7m | 2.6x | 13.2x | 0.06x |
| Thu, 14 Mar 2024 | HK$2.0b | HK$35.6b | -HK$155,812,536.86 | 12.8x | -13x | 0.06x |
| Sat, 10 Feb 2024 | HK$1.7b | HK$35.5b | -HK$215,698,762.34 | 20.2x | -7.7x | 0.05x |
| Mon, 08 Jan 2024 | HK$2.0b | HK$48.0b | -HK$2,698,118,519.00 | 20.9x | -0.7x | 0.04x |
| Wed, 06 Dec 2023 | HK$1.7b | HK$48.0b | -HK$2,698,110,974.00 | 18.4x | -0.6x | 0.04x |
| Fri, 03 Nov 2023 | HK$1.7b | HK$48.0b | -HK$2,696,745,275.00 | 19.7x | -0.6x | 0.04x |
| Sun, 01 Oct 2023 | HK$1.8b | HK$48.1b | -HK$2,705,962,931.00 | 27.2x | -0.7x | 0.04x |
| Tue, 29 Aug 2023 | HK$2.0b | HK$48.3b | -HK$2,725,126,962.00 | 28.3x | -0.7x | 0.04x |
| Thu, 27 Jul 2023 | HK$2.0b | HK$45.9b | -HK$2,686,045,059.00 | 35.7x | -0.7x | 0.04x |
| Sat, 24 Jun 2023 | HK$2.1b | HK$45.9b | -HK$2,704,955,494.00 | 35.3x | -0.8x | 0.05x |
| Mon, 22 May 2023 | HK$2.2b | HK$46.0b | -HK$2,704,032,319.00 | 38.2x | -0.8x | 0.05x |
| Wed, 19 Apr 2023 | HK$2.3b | HK$45.9b | -HK$2,710,532,226.00 | 35.9x | -0.8x | 0.05x |
| Fri, 17 Mar 2023 | HK$2.5b | HK$34.9b | -HK$2,135,835,414.00 | 13.7x | -1.2x | 0.07x |
| Sun, 12 Feb 2023 | HK$2.6b | HK$35.1b | -HK$2,183,931,154.00 | 13.4x | -1.2x | 0.08x |
| Tue, 10 Jan 2023 | HK$2.5b | HK$35.1b | -HK$2,183,971,349.00 | 13x | -1.2x | 0.07x |
| Thu, 08 Dec 2022 | HK$2.4b | HK$35.0b | -HK$2,184,909,830.00 | 12.7x | -1.1x | 0.07x |
| Sat, 05 Nov 2022 | HK$2.3b | HK$34.8b | -HK$2,205,546,894.00 | 13.5x | -1x | 0.07x |
| Mon, 03 Oct 2022 | HK$2.1b | HK$34.8b | -HK$2,204,592,991.00 | 12.8x | -1x | 0.06x |
| Wed, 31 Aug 2022 | HK$2.3b | HK$34.8b | -HK$2,209,622,566.00 | 14.6x | -1.1x | 0.07x |
| Fri, 29 Jul 2022 | HK$2.5b | HK$36.1b | -HK$2,214,419,942.00 | 16.4x | -1.1x | 0.07x |
| Sun, 26 Jun 2022 | HK$2.6b | HK$36.1b | -HK$2,187,391,343.00 | 16.5x | -1.2x | 0.07x |
| Tue, 24 May 2022 | HK$2.3b | HK$36.1b | -HK$2,187,411,815.00 | 14.3x | -1.1x | 0.06x |
| Thu, 21 Apr 2022 | HK$2.6b | HK$36.4b | -HK$2,175,162,474.00 | 12.1x | -1.2x | 0.07x |
| Sat, 19 Mar 2022 | HK$2.8b | HK$47.2b | -HK$3,257,842,516.00 | 1134.1x | -0.9x | 0.06x |
| Mon, 14 Feb 2022 | HK$2.8b | HK$46.7b | -HK$3,254,227,533.00 | 1351x | -0.9x | 0.06x |
| Wed, 12 Jan 2022 | HK$2.6b | HK$46.7b | -HK$3,248,076,515.00 | 1196.1x | -0.8x | 0.06x |
| Fri, 10 Dec 2021 | HK$2.7b | HK$46.7b | -HK$3,247,846,786.00 | 1257x | -0.8x | 0.06x |
| Sun, 07 Nov 2021 | HK$2.9b | HK$46.7b | -HK$3,225,416,847.00 | 18.9x | -0.9x | 0.06x |
| Tue, 05 Oct 2021 | HK$3.6b | HK$46.7b | -HK$3,225,830,991.00 | 32.1x | -1.1x | 0.08x |
| Thu, 02 Sep 2021 | HK$3.3b | HK$46.7b | -HK$3,243,403,728.25 | 35.2x | -1x | 0.07x |
| Sat, 31 Jul 2021 | HK$3.3b | HK$46.7b | -HK$3,243,403,728.25 | 26.7x | -1x | 0.07x |
Price to Earnings Ratio
-1x
Current Industry PE
- Investors are pessimistic on the Hong Kong Oil and Gas Refining and Marketing 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 13.5x which is higher than its 3-year average PE of -0.73x.
- The industry is trading close to its 3-year average PS ratio of 0.06x.
Past Earnings Growth
- Total earnings for the Oil and Gas Refining and Marketing industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 15% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Oil and Gas Refining and Marketing compare with similar industries?
| HK Market | 2.56% | |
| Energy | -1.57% | |
| Oil and Gas | -1.65% | |
| Oil and Gas Refining and Marketing | 2.44% | |
| Oil and Gas Storage and Transportation | 2.91% | |
| Integrated Oil and Gas | -0.34% | |
| Coal and Fuels | -1.80% | |
| Oil and Gas Exploration and Production | -5.45% | |
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 | |
|---|---|---|---|---|---|
| 852 Strong Petrochemical Holdings | HK$0.28 | 11.8% +HK$63.7m | 57.5% | PS0.5x | |
| 346 Yanchang Petroleum International | HK$0.41 | 3.8% +HK$16.5m | -39.9% | PE2.1x |