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Chinese (SSE) Chemicals Industry Analysis

UpdatedDec 02, 2024
DataAggregated Company Financials
Companies489
  • 7D1.8%
  • 3M26.2%
  • 1Y-1.8%
  • YTD-1.9%

The Chemicals industry has gained 1.8% in the last week and Sichuan Development LomonLtd up 19%. In the same time, FSPG Hi-Tech was down 31%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 40% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 02 Dec 2024CN¥4.7tCN¥3.5tCN¥117.3b36.9x40.3x1.3x
Wed, 30 Oct 2024CN¥4.6tCN¥3.6tCN¥130.2b34.1x35.3x1.3x
Fri, 27 Sep 2024CN¥4.0tCN¥3.6tCN¥134.6b28.8x29.7x1.1x
Sun, 25 Aug 2024CN¥3.7tCN¥3.6tCN¥147.8b25.6x24.9x1x
Tue, 23 Jul 2024CN¥4.0tCN¥3.6tCN¥143.9b27.8x27.8x1.1x
Thu, 20 Jun 2024CN¥4.3tCN¥3.6tCN¥143.0b30.4x29.8x1.2x
Sat, 18 May 2024CN¥4.6tCN¥3.5tCN¥136.4b34.1x33.6x1.3x
Mon, 15 Apr 2024CN¥4.4tCN¥3.5tCN¥159.8b28.9x27.7x1.3x
Wed, 13 Mar 2024CN¥4.4tCN¥3.5tCN¥175.3b29.6x25x1.2x
Fri, 09 Feb 2024CN¥4.0tCN¥3.5tCN¥174.4b25x23x1.1x
Sun, 07 Jan 2024CN¥4.6tCN¥3.5tCN¥170.7b35.3x26.7x1.3x
Tue, 05 Dec 2023CN¥4.7tCN¥3.5tCN¥170.5b36.2x27.5x1.3x
Thu, 02 Nov 2023CN¥4.8tCN¥3.5tCN¥173.0b36.5x27.8x1.4x
Sat, 30 Sep 2023CN¥4.9tCN¥3.5tCN¥192.3b34.8x25.3x1.4x
Mon, 28 Aug 2023CN¥4.8tCN¥3.5tCN¥228.1b29.8x21.2x1.4x
Wed, 26 Jul 2023CN¥5.2tCN¥3.5tCN¥254.5b29x20.5x1.5x
Fri, 23 Jun 2023CN¥5.0tCN¥3.5tCN¥253.9b28.7x19.6x1.4x
Sun, 21 May 2023CN¥5.2tCN¥3.5tCN¥258.3b29.7x20.3x1.5x
Tue, 18 Apr 2023CN¥5.7tCN¥3.5tCN¥325.4b28.2x17.5x1.6x
Thu, 16 Mar 2023CN¥5.8tCN¥3.5tCN¥328.9b29.3x17.5x1.7x
Sat, 11 Feb 2023CN¥6.1tCN¥3.5tCN¥327.2b29.7x18.6x1.8x
Mon, 09 Jan 2023CN¥5.6tCN¥3.4tCN¥309.1b27.9x18x1.6x
Wed, 07 Dec 2022CN¥5.8tCN¥3.4tCN¥309.1b28.5x18.7x1.7x
Fri, 04 Nov 2022CN¥5.5tCN¥3.4tCN¥309.2b26.9x17.7x1.6x
Sun, 02 Oct 2022CN¥5.5tCN¥3.3tCN¥332.7b25.1x16.7x1.7x
Tue, 30 Aug 2022CN¥6.3tCN¥3.3tCN¥321.3b29.1x19.7x1.9x
Thu, 28 Jul 2022CN¥6.2tCN¥3.1tCN¥314.5b29.2x19.8x2x
Sat, 25 Jun 2022CN¥6.4tCN¥3.1tCN¥313.1b28.1x20.4x2.1x
Mon, 23 May 2022CN¥5.7tCN¥3.1tCN¥312.8b25.2x18.2x1.8x
Wed, 20 Apr 2022CN¥5.6tCN¥2.9tCN¥282.0b27.7x20x2x
Fri, 18 Mar 2022CN¥5.9tCN¥2.8tCN¥269.4b29.1x21.8x2.1x
Sun, 13 Feb 2022CN¥6.1tCN¥2.7tCN¥256.1b31.6x23.8x2.3x
Tue, 11 Jan 2022CN¥6.2tCN¥2.7tCN¥252.6b33.8x24.6x2.3x
Thu, 09 Dec 2021CN¥6.5tCN¥2.7tCN¥251.7b34x25.7x2.4x
Price to Earnings Ratio

25.7x


Total Market Cap: CN¥6.5tTotal Earnings: CN¥251.7bTotal Revenue: CN¥2.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Chemicals Industry Price to Earnings3Y Average 23.4x202220232024
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 40.3x which is higher than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 10.0% per year.
  • This means that although more sales are being generated, 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 Market2.26%
Materials1.36%
Chemicals1.85%
Commodity Chemicals2.54%
Fertilizers and Agricultural Chemicals2.05%
Diversified Chemicals1.29%
Industrial Gases1.01%
Specialty Chemicals0.83%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 25.2x.
    • Analysts are expecting annual earnings growth of 39.0%, which is higher than its past year's earnings decline of 9.1% per year.
  • Investors are most pessimistic about the Diversified Chemicals industry, which is trading close to its 3-year average of 19.3x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 26% 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¥75.393.3%
+CN¥7.5b
-4.9%PE15.6x
002312 Sichuan Development LomonLtdCN¥21.0822.4%
+CN¥7.1b
196.1%PE75.4x
600160 Zhejiang JuhuaCN¥22.8411.2%
+CN¥6.2b
42.2%PE42.4x
000301 Jiangsu Eastern ShenghongLtdCN¥9.497.6%
+CN¥4.4b
-3.7%PS0.4x
601118 China Hainan Rubber Industry GroupLtdCN¥6.3015.8%
+CN¥3.7b
44.8%PE72.5x
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Latest News

601118

CN¥6.30

China Hainan Rubber Industry GroupLtd

7D

15.8%

1Y

44.8%

000973

CN¥7.13

FSPG Hi-Tech

7D

-21.6%

1Y

47.3%

600889

CN¥19.99

Nanjing Chemical Fiber

7D

61.1%

1Y

240.5%

002312

CN¥21.08

Sichuan Development LomonLtd

7D

22.4%

1Y

196.1%

002466

CN¥38.19

Tianqi Lithium

7D

-5.4%

1Y

-24.6%

300037

CN¥40.80

Shenzhen Capchem Technology

7D

-9.3%

1Y

-8.6%