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- 7D6.4%
- 3M6.4%
- 1Y61.1%
- YTD10.4%
Over the last 7 days, the Chemicals industry has risen 6.4%, driven by gains from Wanhua Chemical Group of 8.1%. Meanwhile, Hangjin Technology actually underperformed within the industry, shrinking 24% in the last week. In the last 12 months, the industry was up 61%. Earnings are forecast to grow by 34% annually.
Industry Valuation and Performance
Has the Chinese Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 13 Apr 2026 | CN¥7.3t | CN¥3.6t | CN¥146.9b | 46.8x | 49.9x | 2x |
| Wed, 11 Mar 2026 | CN¥7.5t | CN¥3.6t | CN¥138.2b | 50.4x | 54x | 2.1x |
| Fri, 06 Feb 2026 | CN¥6.9t | CN¥3.6t | CN¥136.7b | 48.2x | 50.6x | 1.9x |
| Sun, 04 Jan 2026 | CN¥6.4t | CN¥3.5t | CN¥136.0b | 42.7x | 47.3x | 1.8x |
| Tue, 02 Dec 2025 | CN¥6.1t | CN¥3.5t | CN¥135.2b | 42.8x | 45x | 1.7x |
| Thu, 30 Oct 2025 | CN¥6.0t | CN¥3.6t | CN¥130.4b | 45x | 45.9x | 1.7x |
| Sat, 27 Sep 2025 | CN¥5.7t | CN¥3.5t | CN¥121.6b | 42.4x | 47.1x | 1.6x |
| Mon, 25 Aug 2025 | CN¥5.6t | CN¥3.5t | CN¥120.8b | 43.2x | 46.4x | 1.6x |
| Wed, 23 Jul 2025 | CN¥5.2t | CN¥3.6t | CN¥121.0b | 40.6x | 42.7x | 1.5x |
| Fri, 20 Jun 2025 | CN¥4.6t | CN¥3.6t | CN¥120.9b | 35.9x | 38.1x | 1.3x |
| Sun, 18 May 2025 | CN¥4.7t | CN¥3.6t | CN¥120.4b | 37.3x | 38.7x | 1.3x |
| Tue, 15 Apr 2025 | CN¥4.5t | CN¥3.5t | CN¥112.1b | 35.6x | 39.8x | 1.3x |
| Thu, 13 Mar 2025 | CN¥4.8t | CN¥3.5t | CN¥117.3b | 37.7x | 40.7x | 1.4x |
| Sat, 08 Feb 2025 | CN¥4.5t | CN¥3.5t | CN¥117.5b | 34.5x | 38.6x | 1.3x |
| Mon, 06 Jan 2025 | CN¥4.3t | CN¥3.5t | CN¥117.5b | 33.2x | 36.7x | 1.2x |
| Wed, 04 Dec 2024 | CN¥4.8t | CN¥3.5t | CN¥117.3b | 37.1x | 40.9x | 1.4x |
| Fri, 01 Nov 2024 | CN¥4.6t | CN¥3.6t | CN¥120.0b | 34.5x | 38.1x | 1.3x |
| Sun, 29 Sep 2024 | CN¥4.2t | CN¥3.6t | CN¥134.7b | 29.9x | 31.3x | 1.2x |
| Tue, 27 Aug 2024 | CN¥3.7t | CN¥3.6t | CN¥148.1b | 26x | 25.1x | 1x |
| Thu, 25 Jul 2024 | CN¥3.8t | CN¥3.6t | CN¥143.9b | 26.5x | 26.5x | 1.1x |
| Sat, 22 Jun 2024 | CN¥4.2t | CN¥3.6t | CN¥143.0b | 29.5x | 29.3x | 1.2x |
| Mon, 20 May 2024 | CN¥4.6t | CN¥3.5t | CN¥136.4b | 33.6x | 33.6x | 1.3x |
| Wed, 17 Apr 2024 | CN¥4.4t | CN¥3.5t | CN¥159.6b | 26.4x | 27.5x | 1.3x |
| Fri, 15 Mar 2024 | CN¥4.3t | CN¥3.5t | CN¥175.3b | 29.4x | 24.7x | 1.2x |
| Sun, 11 Feb 2024 | CN¥4.0t | CN¥3.5t | CN¥174.4b | 25x | 23x | 1.1x |
| Tue, 09 Jan 2024 | CN¥4.5t | CN¥3.5t | CN¥170.7b | 35x | 26.2x | 1.3x |
| Thu, 07 Dec 2023 | CN¥4.7t | CN¥3.5t | CN¥170.4b | 35.7x | 27.4x | 1.3x |
| Sat, 04 Nov 2023 | CN¥4.8t | CN¥3.5t | CN¥170.5b | 35.9x | 28.1x | 1.4x |
| Mon, 02 Oct 2023 | CN¥4.9t | CN¥3.5t | CN¥192.3b | 34.8x | 25.3x | 1.4x |
| Wed, 30 Aug 2023 | CN¥5.0t | CN¥3.5t | CN¥224.5b | 32.3x | 22.1x | 1.4x |
| Fri, 28 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.5b | 28.6x | 20.4x | 1.5x |
| Sun, 25 Jun 2023 | CN¥5.0t | CN¥3.5t | CN¥253.9b | 28.7x | 19.6x | 1.4x |
| Tue, 23 May 2023 | CN¥5.1t | CN¥3.5t | CN¥255.1b | 29.8x | 19.8x | 1.4x |
| Thu, 20 Apr 2023 | CN¥5.6t | CN¥3.5t | CN¥321.2b | 27.6x | 17.6x | 1.6x |
Price to Earnings Ratio
17.6x
Current Industry PE
- Investors are optimistic on the Chinese Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.9x which is higher than its 3-year average PE of 34.4x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 23% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Materials industry?
| CN Market | 4.93% | |
| Materials | 5.71% | |
| Chemicals | 6.41% | |
| Commodity Chemicals | 6.88% | |
| Specialty Chemicals | 6.62% | |
| Industrial Gases | 5.95% | |
| Diversified Chemicals | 5.10% | |
| Fertilizers and Agricultural Chemicals | 4.65% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 44.1x.
- Analysts are expecting annual earnings growth of 34.7%, which is higher than its past year's earnings decline of 2.7% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading close to its 3-year average of 20.2x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 42% over the next 5 years.
- This is better than its past earnings growth rate of 0.1% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| 600309 Wanhua Chemical Group | CN¥89.07 | 8.1% +CN¥20.9b | 48.0% | PE22.3x | |
| 603256 Grace Fabric TechnologyLtd | CN¥81.18 | 19.4% +CN¥11.9b | 943.4% | PE363.7x | |
| 600346 Hengli PetrochemicalLtd | CN¥23.16 | 7.4% +CN¥11.3b | 53.0% | PE23.4x | |
| 000703 Hengyi Petrochemical | CN¥15.90 | 23.5% +CN¥10.7b | 170.4% | PE239x | |
| 002080 Sinoma Science & TechnologyLtd | CN¥45.58 | 14.8% +CN¥9.8b | 228.1% | PE42.1x |