Slowing Rates Of Return At Yuan Heng Gas Holdings (HKG:332) Leave Little Room For Excitement
Oct 25
Hong Kong (HSI) Oil and Gas Storage and Transportation Industry Analysis
UpdatedOct 28, 2023
DataAggregated Company Financials
Companies10
- 7D2.8%
- 3M-1.2%
- 1Y13.7%
- YTD9.5%
Over the last 7 days, the Oil and Gas Storage and Transportation industry has risen 2.8%, driven by gains from COSCO SHIPPING Energy Transportation of 3.6%. During this same period, the Yuan Heng Gas Holdings underperformed, falling 8.2%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Sun, 29 Oct 2023 | HK$98.8b | HK$51.7b | HK$7.7b | 8x | 12.7x | 1.9x |
| Tue, 26 Sep 2023 | HK$102.3b | HK$51.6b | HK$7.3b | 9.6x | 14x | 2x |
| Thu, 24 Aug 2023 | HK$96.7b | HK$50.6b | HK$5.7b | 9.5x | 16.9x | 1.9x |
| Sat, 22 Jul 2023 | HK$101.8b | HK$51.1b | HK$5.4b | 14.4x | 18.9x | 2x |
| Mon, 19 Jun 2023 | HK$101.1b | HK$52.5b | HK$5.5b | 12x | 18.4x | 1.9x |
| Wed, 17 May 2023 | HK$98.2b | HK$53.8b | HK$5.6b | 12x | 17.4x | 1.8x |
| Fri, 14 Apr 2023 | HK$107.1b | HK$51.8b | HK$4.6b | 13.2x | 23.2x | 2.1x |
| Sun, 12 Mar 2023 | HK$117.6b | HK$49.6b | -HK$2,312,231,358.00 | 7.8x | -50.8x | 2.4x |
| Tue, 07 Feb 2023 | HK$115.7b | HK$50.5b | -HK$2,364,153,089.00 | 7.9x | -48.9x | 2.3x |
| Thu, 05 Jan 2023 | HK$98.8b | HK$49.6b | -HK$2,312,112,008.00 | 7.8x | -42.7x | 2x |
| Sat, 03 Dec 2022 | HK$108.1b | HK$48.4b | -HK$2,231,856,374.00 | 10.7x | -48.4x | 2.2x |
| Mon, 31 Oct 2022 | HK$115.3b | HK$47.6b | -HK$2,243,948,023.00 | 8.7x | -51.4x | 2.4x |
| Wed, 28 Sep 2022 | HK$123.2b | HK$45.8b | -HK$3,037,972,670.00 | 9.8x | -40.5x | 2.7x |
| Fri, 26 Aug 2022 | HK$128.5b | HK$55.8b | -HK$2,575,582,733.00 | 6.1x | -49.9x | 2.3x |
| Sun, 24 Jul 2022 | HK$113.5b | HK$56.5b | -HK$2,631,857,311.00 | 6.5x | -43.1x | 2x |
| Tue, 21 Jun 2022 | HK$96.3b | HK$54.0b | -HK$2,661,538,175.00 | 6.8x | -36.2x | 1.8x |
| Thu, 19 May 2022 | HK$87.7b | HK$53.9b | -HK$2,649,966,438.00 | 6.8x | -33.1x | 1.6x |
| Sat, 16 Apr 2022 | HK$92.3b | HK$54.4b | -HK$2,370,644,252.00 | 7.2x | -38.9x | 1.7x |
| Mon, 14 Mar 2022 | HK$89.9b | HK$59.8b | HK$2.6b | 6.2x | 34x | 1.5x |
| Wed, 09 Feb 2022 | HK$92.4b | HK$62.9b | HK$3.7b | 6.7x | 25x | 1.5x |
| Fri, 07 Jan 2022 | HK$94.4b | HK$62.9b | HK$3.7b | n/a | 25.5x | 1.5x |
| Sun, 05 Dec 2021 | HK$94.9b | HK$62.8b | HK$3.7b | 7x | 25.7x | 1.5x |
| Tue, 02 Nov 2021 | HK$100.0b | HK$64.4b | HK$3.7b | 6.3x | 26.7x | 1.6x |
| Thu, 30 Sep 2021 | HK$109.1b | HK$63.9b | HK$4.5b | 7.4x | 24.4x | 1.7x |
| Sat, 28 Aug 2021 | HK$82.7b | HK$63.8b | HK$4.5b | 7.9x | 18.5x | 1.3x |
| Sun, 04 Jul 2021 | HK$80.8b | HK$63.8b | HK$4.5b | 7.9x | 18.1x | 1.3x |
| Wed, 07 Apr 2021 | HK$88.3b | HK$61.7b | HK$6.3b | 5.7x | 13.9x | 1.4x |
| Sat, 09 Jan 2021 | HK$74.2b | HK$58.8b | HK$6.1b | 5.7x | 12.1x | 1.3x |
Price to Earnings Ratio
11.3x
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 12.7x which is higher than its 3-year average PE of -2.3x.
- The industry is trading close to its 3-year average PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Storage and Transportation industry have grown 7.9% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Comparison
How does Hong Kong Oil and Gas Storage and Transportation compare with similar industries?
| HK Market | 0.88% | |
| Energy | -1.37% | |
| Oil and Gas | -1.46% | |
| Oil and Gas Storage and Transportation | 2.85% | |
| Coal and Fuels | 0.97% | |
| Oil and Gas Exploration and Production | -0.43% | |
| Oil and Gas Refining and Marketing | -1.42% | |
| Integrated Oil and Gas | -2.98% | |
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$8.12 | 3.6% +HK$1.3b | 30.5% | PE8x | |
| 956 China Suntien Green Energy | HK$2.70 | 1.9% +HK$209.4m | -12.1% | PE5.1x | |
| 934 Sinopec Kantons Holdings | HK$3.13 | 1.6% +HK$124.3m | 42.9% | PE9.5x | |
| 931 China LNG Group | HK$0.48 | 2.1% +HK$57.4m | 76.4% | PS13.1x | |
| 554 Hans Energy | HK$0.21 | 1.9% +HK$15.5m | 88.4% | PE84.1x |