Chinese (SSE) Materials Sector Analysis

Sector Valuation and Performance

Has the Chinese Materials Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 22 Jul 2026	CN¥12.6t	CN¥9.5t	CN¥426.3b	35.8x	29.5x	1.3x
Fri, 19 Jun 2026	CN¥15.6t	CN¥9.5t	CN¥427.8b	45.1x	36.4x	1.6x
Sun, 17 May 2026	CN¥15.4t	CN¥9.5t	CN¥427.3b	49x	36x	1.6x
Tue, 14 Apr 2026	CN¥15.1t	CN¥9.3t	CN¥376.5b	45.2x	40x	1.6x
Thu, 12 Mar 2026	CN¥15.5t	CN¥9.1t	CN¥333.5b	48.7x	46.5x	1.7x
Sat, 07 Feb 2026	CN¥14.5t	CN¥9.0t	CN¥331.8b	46.3x	43.8x	1.6x
Mon, 05 Jan 2026	CN¥13.1t	CN¥9.0t	CN¥330.8b	41.9x	39.6x	1.5x
Wed, 03 Dec 2025	CN¥12.2t	CN¥9.0t	CN¥329.9b	40.9x	36.9x	1.3x
Fri, 31 Oct 2025	CN¥12.2t	CN¥9.0t	CN¥328.5b	40.7x	37x	1.3x
Sun, 28 Sep 2025	CN¥10.4t	CN¥8.4t	CN¥238.8b	39.9x	43.5x	1.2x
Tue, 26 Aug 2025	CN¥10.2t	CN¥8.3t	CN¥227.6b	41.4x	44.7x	1.2x
Thu, 24 Jul 2025	CN¥9.2t	CN¥8.3t	CN¥226.9b	38.5x	40.7x	1.1x
Sat, 21 Jun 2025	CN¥8.2t	CN¥8.3t	CN¥226.0b	35x	36.1x	1x
Mon, 19 May 2025	CN¥8.2t	CN¥8.3t	CN¥225.5b	34.5x	36.5x	1x
Wed, 16 Apr 2025	CN¥7.9t	CN¥8.2t	CN¥210.8b	33.6x	37.6x	1x
Fri, 14 Mar 2025	CN¥8.4t	CN¥8.2t	CN¥226.5b	34.2x	37.2x	1x
Sun, 09 Feb 2025	CN¥8.0t	CN¥8.2t	CN¥226.9b	32.3x	35.3x	1x
Tue, 07 Jan 2025	CN¥7.6t	CN¥8.2t	CN¥226.9b	30.1x	33.5x	0.9x
Thu, 05 Dec 2024	CN¥8.2t	CN¥8.2t	CN¥226.6b	33.8x	36.3x	1x
Sat, 02 Nov 2024	CN¥8.2t	CN¥8.3t	CN¥236.5b	31.1x	34.5x	1x
Mon, 30 Sep 2024	CN¥7.5t	CN¥8.4t	CN¥265.3b	27.9x	28.2x	0.9x
Wed, 28 Aug 2024	CN¥6.6t	CN¥8.4t	CN¥281.7b	24.9x	23.4x	0.8x
Fri, 26 Jul 2024	CN¥6.8t	CN¥8.4t	CN¥277.3b	25.9x	24.5x	0.8x
Sun, 23 Jun 2024	CN¥7.4t	CN¥8.4t	CN¥275.7b	28.2x	26.9x	0.9x
Tue, 21 May 2024	CN¥8.3t	CN¥8.4t	CN¥270.4b	32x	30.8x	1x
Thu, 18 Apr 2024	CN¥7.9t	CN¥8.4t	CN¥301.9b	27.5x	26.3x	0.9x
Sat, 16 Mar 2024	CN¥7.8t	CN¥8.4t	CN¥312.4b	29.6x	25x	0.9x
Mon, 12 Feb 2024	CN¥7.1t	CN¥8.4t	CN¥308.9b	24.7x	22.9x	0.8x
Wed, 10 Jan 2024	CN¥7.8t	CN¥8.4t	CN¥302.9b	32.6x	25.8x	0.9x
Fri, 08 Dec 2023	CN¥8.0t	CN¥8.3t	CN¥300.5b	33.9x	26.8x	1x
Sun, 05 Nov 2023	CN¥8.3t	CN¥8.3t	CN¥300.2b	33.7x	27.5x	1x
Tue, 03 Oct 2023	CN¥8.4t	CN¥8.3t	CN¥312.8b	32.9x	27x	1x
Thu, 31 Aug 2023	CN¥8.6t	CN¥8.4t	CN¥339.8b	32.7x	25.2x	1x
Sat, 29 Jul 2023	CN¥9.0t	CN¥8.5t	CN¥398.6b	30.2x	22.6x	1.1x

Current Industry PE

Investors are pessimistic on the Chinese Materials 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 29.5x which is lower than its 3-year average PE of 33.2x.

The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.

Past Earnings Growth

The earnings for companies in the Materials industry have grown 2.2% per year over the last three years.
Revenues for these companies have grown 4.0% 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 Materials sector?


CN Market	-6.17%
Materials	-5.98%
Paper and Forestry Products	-1.67%
Metals and Mining	-2.36%
Basic Materials	-8.33%
Chemicals	-8.58%
Packaging	-9.48%

Industry PE

Investors are most optimistic about the Basic Materials industry, which is trading close to its 3-year average PE ratio of 64.7x.

Analysts are expecting annual earnings growth of 31.9%, which is higher than its past year's earnings decline of 9.2% per year.

Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 27.5x.

Forecasted Growth

Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 32% over the next 5 years.
This is better than its past earnings decline of 9.2% per year.

In contrast, the Metals and Mining industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
601899 Zijin Mining Group	CN¥30.21	4.0% +CN¥30.4b	49.2%	PE12.9x
603993 CMOC Group	CN¥18.68	2.6% +CN¥10.1b	106.2%	PE16.5x
002379 Shandong Hongqiao Aluminum Industry Holding	CN¥18.04	3.1% +CN¥7.2b	27.5%	PE11.9x
600309 Wanhua Chemical Group	CN¥71.75	3.1% +CN¥6.7b	13.8%	PE17.1x
603823 Lily Group	CN¥81.93	23.2% +CN¥6.4b	483.1%	PE207.9x

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

Zijin Mining Group Company Limited provided earnings guidance for the six months ended 30 June 2026. For the period, the company expects net profit attributable to owners of approximately RMB 39.1 billion representing an increase of approximately RMB15.8 billion, or an increase of approximately 68% compared with the same period last year. It is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year. Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026. Based on the preliminary estimation by the Finance Department, it is estimated that the Company realised a net profit attributable to owners of the listed company of approximately RMB39.1 billion for the first half of 2026, representing an increase of approximately RMB 15.8 billion, or an increase of approximately 68% compared with the same period last year (same period last year: RMB 23.3 billion). It is estimated that the Company realised a net profit attributable to owners of the listed company after non- recurring profit or loss of approximately RMB 37.9 billion for the first half of 2026, representing an increase of approximately RMB16.3 billion, or an increase of approximately 75% compared with the same period last year (same period last year: RMB 21.6 billion). Among which, it is estimated that the Company realised a net profit attributable to owners of the listed company after non-recurring profit or loss of approximately RMB 19.4 billion for the second quarter of 2026, representing an increase of approximately RMB 0.9 billion, or an increase of approximately 5% compared with the first quarter of 2026 (first quarter of 2026: RMB 18.5 billion).

Chinese (SSE) Materials Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment deteriorates as stock falls 26%

Investor sentiment deteriorates as stock falls 19%

Now 21% undervalued

Investor sentiment deteriorates as stock falls 25%

Investor sentiment improves as stock rises 21%

CMOC Group Limited Provides Preliminary Unaudited Group Earnings Guidance for the First Half Ended 30 June 2026

New major risk - Share price stability

Zijin Mining Group Company Limited Provides Earnings Guidance for the Six Months Ended 30 June 2026

Dividend of CN¥0.25 announced

Now 23% undervalued

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Wanhua Chemical Group Co., Ltd. to Report First Half, 2026 Results on Aug 11, 2026

Baoshan Iron & Steel Co., Ltd. to Report First Half, 2026 Results on Aug 22, 2026

Guangdong HEC Technology Holding Co., Ltd to Report First Half, 2026 Results on Aug 18, 2026

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