Optimistic Investors Push Hans Energy Company Limited (HKG:554) Shares Up 35% But Growth Is Lacking
May 07
Hong Kong (HSI) Oil and Gas Storage and Transportation Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies10
- 7D9.6%
- 3M52.2%
- 1Y38.1%
- YTDn/a
Over the last 7 days, the Oil and Gas Storage and Transportation industry has risen 9.6%, driven by gains from COSCO SHIPPING Energy Transportation of 10.0%. In the last 12 months, the industry was up 38%. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Hong Kong Oil and Gas Storage and Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | HK$126.1b | HK$55.9b | HK$6.9b | 7.1x | 18.2x | 2.3x |
| Sat, 13 Apr 2024 | HK$114.7b | HK$54.3b | HK$6.8b | 6.6x | 16.9x | 2.1x |
| Mon, 11 Mar 2024 | HK$105.6b | HK$52.3b | HK$7.9b | 6.8x | 13.4x | 2x |
| Wed, 07 Feb 2024 | HK$92.3b | HK$52.8b | HK$7.9b | 6.2x | 11.6x | 1.7x |
| Fri, 05 Jan 2024 | HK$98.9b | HK$52.4b | HK$7.9b | 6.9x | 12.5x | 1.9x |
| Sun, 03 Dec 2023 | HK$96.4b | HK$52.6b | HK$7.9b | 6.8x | 12.2x | 1.8x |
| Tue, 31 Oct 2023 | HK$101.5b | HK$52.0b | HK$7.8b | 8.2x | 13.1x | 2x |
| Thu, 28 Sep 2023 | HK$100.3b | HK$51.6b | HK$7.3b | 9.1x | 13.7x | 1.9x |
| Sat, 26 Aug 2023 | HK$96.4b | HK$50.6b | HK$5.7b | 9.4x | 16.9x | 1.9x |
| Mon, 24 Jul 2023 | HK$101.7b | HK$51.1b | HK$5.4b | 14.4x | 18.9x | 2x |
| Wed, 21 Jun 2023 | HK$96.8b | HK$52.2b | HK$5.5b | 12x | 17.7x | 1.9x |
| Fri, 19 May 2023 | HK$97.3b | HK$53.3b | HK$5.6b | 12.1x | 17.4x | 1.8x |
| Sun, 16 Apr 2023 | HK$108.4b | HK$51.9b | HK$4.6b | 13.2x | 23.5x | 2.1x |
| Tue, 14 Mar 2023 | HK$119.4b | HK$49.8b | -HK$2,326,567,287.00 | 7.9x | -51.3x | 2.4x |
| Thu, 09 Feb 2023 | HK$119.1b | HK$50.5b | -HK$2,364,416,720.00 | 7.9x | -50.4x | 2.4x |
| Sat, 07 Jan 2023 | HK$99.4b | HK$49.9b | -HK$2,326,180,967.00 | 8x | -42.7x | 2x |
| Mon, 05 Dec 2022 | HK$108.4b | HK$48.6b | -HK$2,243,174,086.00 | 10.7x | -48.3x | 2.2x |
| Wed, 02 Nov 2022 | HK$112.4b | HK$47.3b | -HK$2,227,090,792.00 | 9x | -50.5x | 2.4x |
| Fri, 30 Sep 2022 | HK$116.2b | HK$45.5b | -HK$3,008,278,596.00 | 9.2x | -38.6x | 2.6x |
| Sun, 28 Aug 2022 | HK$121.0b | HK$56.6b | -HK$2,572,592,339.00 | 6.2x | -47.1x | 2.1x |
| Tue, 26 Jul 2022 | HK$113.1b | HK$56.5b | -HK$2,631,857,311.00 | 6.4x | -43x | 2x |
| Thu, 23 Jun 2022 | HK$97.9b | HK$54.1b | -HK$2,676,511,147.00 | 6.6x | -36.6x | 1.8x |
| Sat, 21 May 2022 | HK$90.5b | HK$54.0b | -HK$2,662,815,255.00 | 6.8x | -34x | 1.7x |
| Mon, 18 Apr 2022 | HK$91.2b | HK$54.4b | -HK$2,374,158,096.00 | 7.1x | -38.4x | 1.7x |
| Wed, 16 Mar 2022 | HK$79.4b | HK$59.7b | HK$2.6b | 5.4x | 30x | 1.3x |
| Fri, 11 Feb 2022 | HK$93.9b | HK$62.9b | HK$3.7b | 6.8x | 25.4x | 1.5x |
| Sun, 09 Jan 2022 | HK$92.0b | HK$62.8b | HK$3.7b | 7.1x | 24.9x | 1.5x |
| Tue, 07 Dec 2021 | HK$93.1b | HK$62.8b | HK$3.7b | 6.8x | 25.2x | 1.5x |
| Thu, 04 Nov 2021 | HK$96.0b | HK$64.5b | HK$3.7b | 6.2x | 25.6x | 1.5x |
| Sat, 02 Oct 2021 | HK$114.4b | HK$64.0b | HK$4.5b | 7.4x | 25.6x | 1.8x |
| Mon, 30 Aug 2021 | HK$85.1b | HK$63.8b | HK$4.5b | 7.9x | 19.1x | 1.3x |
| Tue, 06 Jul 2021 | HK$80.8b | HK$63.8b | HK$4.5b | 7.9x | 18.1x | 1.3x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are pessimistic on the Hong Kong Oil and Gas Storage and Transportation 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 18.2x which is higher than its 3-year average PE of -2.2x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 2.9% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.2% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Hong Kong Oil and Gas Storage and Transportation compare with similar industries?
| HK Market | 4.79% | |
| Energy | 2.57% | |
| Oil and Gas | 2.50% | |
| Oil and Gas Storage and Transportation | 9.60% | |
| Oil and Gas Refining and Marketing | 6.00% | |
| Integrated Oil and Gas | 3.86% | |
| Coal and Fuels | 2.04% | |
| Oil and Gas Exploration and Production | -1.32% | |
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 | |
|---|---|---|---|---|---|
| 1138 COSCO SHIPPING Energy Transportation | HK$10.58 | 4.1% +HK$2.0b | 48.6% | PE13.4x | |
| 956 China Suntien Green Energy | HK$3.65 | 7.0% +HK$1.0b | 16.2% | PE6.6x | |
| 934 Sinopec Kantons Holdings | HK$3.93 | 2.6% +HK$248.6m | 27.6% | PE7.5x | |
| 554 Hans Energy | HK$0.30 | 3.4% +HK$38.8m | 39.5% | PS1.2x | |
| 681 Chinese People Holdings | HK$0.024 | 4.3% +HK$8.9m | -27.3% | PS0.08x |