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Chinese (SSE) Chemicals Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies484
  • 7D-5.3%
  • 3M-9.7%
  • 1Y-27.4%
  • YTD-9.9%

Over the last 7 days, the Chemicals industry has dropped 2.4%, driven by pullbacks in Tianqi Lithium and Ganfeng Lithium Group of 9.1% and 9.7%, respectively. Overall the industry is down 26% in 12 months. Earnings are forecast to grow by 35% annually.

Industry Valuation and Performance

Has the Chinese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024CN¥4.2tCN¥3.5tCN¥177.0b28.3x23.9x1.2x
Sat, 24 Feb 2024CN¥4.2tCN¥3.5tCN¥175.1b28.5x23.9x1.2x
Mon, 22 Jan 2024CN¥4.3tCN¥3.5tCN¥171.3b32.4x25.2x1.2x
Wed, 20 Dec 2023CN¥4.5tCN¥3.5tCN¥170.4b35x26.4x1.3x
Fri, 17 Nov 2023CN¥4.9tCN¥3.5tCN¥170.4b37x28.8x1.4x
Sun, 15 Oct 2023CN¥4.8tCN¥3.5tCN¥193.3b33.8x25x1.4x
Tue, 12 Sep 2023CN¥5.0tCN¥3.5tCN¥192.7b35.3x26.2x1.4x
Thu, 10 Aug 2023CN¥5.2tCN¥3.5tCN¥253.2b28.5x20.6x1.5x
Sat, 08 Jul 2023CN¥5.1tCN¥3.5tCN¥254.5b29.1x20x1.4x
Mon, 05 Jun 2023CN¥5.2tCN¥3.5tCN¥253.9b29.5x20.4x1.5x
Wed, 03 May 2023CN¥5.3tCN¥3.5tCN¥264.1b29.1x20.2x1.5x
Fri, 31 Mar 2023CN¥5.7tCN¥3.5tCN¥326.7b28.2x17.4x1.6x
Sun, 26 Feb 2023CN¥6.0tCN¥3.5tCN¥323.1b29.6x18.6x1.7x
Tue, 24 Jan 2023CN¥5.8tCN¥3.4tCN¥309.0b28.6x18.7x1.7x
Thu, 22 Dec 2022CN¥5.5tCN¥3.4tCN¥309.1b27.4x17.7x1.6x
Sat, 19 Nov 2022CN¥5.6tCN¥3.4tCN¥308.6b27.9x18.2x1.6x
Mon, 17 Oct 2022CN¥5.7tCN¥3.3tCN¥333.3b26.1x17x1.7x
Wed, 14 Sep 2022CN¥6.2tCN¥3.3tCN¥330.9b28.5x18.8x1.9x
Fri, 12 Aug 2022CN¥6.5tCN¥3.1tCN¥314.7b30.3x20.6x2.1x
Sun, 10 Jul 2022CN¥6.4tCN¥3.1tCN¥312.3b28x20.4x2.1x
Tue, 07 Jun 2022CN¥6.0tCN¥3.1tCN¥312.9b27x19.3x2x
Thu, 05 May 2022CN¥5.2tCN¥3.1tCN¥311.3b23.3x16.7x1.7x
Sat, 02 Apr 2022CN¥5.9tCN¥2.8tCN¥278.0b28.9x21.1x2.1x
Mon, 28 Feb 2022CN¥6.4tCN¥2.7tCN¥256.3b32.8x25.1x2.4x
Wed, 26 Jan 2022CN¥5.8tCN¥2.7tCN¥253.5b31.3x22.8x2.2x
Fri, 24 Dec 2021CN¥6.4tCN¥2.7tCN¥252.2b34.5x25.3x2.4x
Sun, 21 Nov 2021CN¥6.3tCN¥2.6tCN¥251.7b33.7x25x2.4x
Tue, 19 Oct 2021CN¥6.3tCN¥2.4tCN¥217.9b30.6x28.7x2.6x
Thu, 16 Sep 2021CN¥7.2tCN¥2.4tCN¥214.2b35.3x33.4x2.9x
Sat, 14 Aug 2021CN¥6.4tCN¥2.4tCN¥213.9b34.4x29.7x2.6x
Wed, 09 Jun 2021CN¥4.8tCN¥2.2tCN¥167.9b31.1x28.7x2.2x
Price to Earnings Ratio

25.8x


Total Market Cap: CN¥4.3tTotal Earnings: CN¥167.0bTotal Revenue: CN¥2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Chemicals Industry Price to Earnings3Y Average 22.7x202220232024
Current Industry PE
  • Investors are relatively neutral on the Chinese Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 22.7x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 2.1% per year over the last three years.
  • Revenues for these companies have grown 17% 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 industry?

CN Market-4.90%
Materials-4.66%
Chemicals-5.30%
Diversified Chemicals-2.74%
Fertilizers and Agricultural Chemicals-4.67%
Commodity Chemicals-5.16%
Specialty Chemicals-5.86%
Industrial Gases-8.06%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry, which is trading close to its 3-year average PE ratio of 43.8x.
    • Analysts are expecting annual earnings growth of 30.1%, which is higher than its past year's earnings decline of 4.5% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 19.4x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
600309 Wanhua Chemical GroupCN¥79.742.4%
+CN¥5.8b
-16.0%PE14.9x
600160 Zhejiang JuhuaCN¥23.243.1%
+CN¥1.9b
36.5%PE43.9x
605180 ZheJiang HuaSheng TechnologyLtdCN¥17.0361.1%
+CN¥1.1b
38.3%PE84.4x
600165 Ningxia Zhongke BiotechnologyCN¥4.0060.6%
+CN¥1.0b
-29.6%PS11.2x
300343 Lecron Industrial Development GroupCN¥6.5616.1%
+CN¥987.0m
-32.9%PS7x
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Latest News

2466

CN¥47.50

Tianqi Lithium

7D

-9.1%

1Y

-36.9%

893

CN¥19.08

Asia-potash International Investment (Guangzhou)Co.Ltd

7D

-15.8%

1Y

-30.0%

300343

CN¥6.56

Lecron Industrial Development Group

7D

16.1%

1Y

-32.9%

300777

CN¥27.37

Sinofibers TechnologyLtd

7D

7.7%

1Y

-45.1%

605180

CN¥17.03

ZheJiang HuaSheng TechnologyLtd

7D

61.1%

1Y

38.3%

600160

CN¥23.24

Zhejiang Juhua

7D

3.1%

1Y

36.5%

2460

CN¥35.76

Ganfeng Lithium Group

7D

-9.7%

1Y

-46.7%