Chinese (SSE) Chemicals Industry Analysis

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
Thu, 27 Aug 2026	CN¥6.9t	CN¥3.7t	CN¥206.8b	41.6x	33.5x	1.9x
Sat, 25 Jul 2026	CN¥6.5t	CN¥3.6t	CN¥170.2b	39.3x	38.2x	1.8x
Mon, 22 Jun 2026	CN¥8.0t	CN¥3.6t	CN¥171.2b	48.8x	46.8x	2.2x
Wed, 20 May 2026	CN¥7.7t	CN¥3.7t	CN¥172.5b	51.8x	44.7x	2.1x
Fri, 17 Apr 2026	CN¥7.5t	CN¥3.6t	CN¥149.7b	47.1x	49.9x	2.1x
Sun, 15 Mar 2026	CN¥7.6t	CN¥3.6t	CN¥138.9b	50.5x	54.9x	2.1x
Tue, 10 Feb 2026	CN¥7.2t	CN¥3.6t	CN¥136.5b	50x	52.4x	2x
Thu, 08 Jan 2026	CN¥6.7t	CN¥3.5t	CN¥136.0b	45x	49.5x	1.9x
Sat, 06 Dec 2025	CN¥6.0t	CN¥3.5t	CN¥135.3b	42.4x	44.6x	1.7x
Mon, 03 Nov 2025	CN¥6.0t	CN¥3.5t	CN¥134.7b	44.2x	44.3x	1.7x
Wed, 01 Oct 2025	CN¥5.9t	CN¥3.5t	CN¥121.5b	44.4x	48.6x	1.7x
Fri, 29 Aug 2025	CN¥5.7t	CN¥3.5t	CN¥122.5b	41.9x	46.2x	1.6x
Sun, 27 Jul 2025	CN¥5.2t	CN¥3.6t	CN¥120.5b	41.9x	43.2x	1.5x
Tue, 24 Jun 2025	CN¥4.7t	CN¥3.6t	CN¥120.9b	36.8x	38.5x	1.3x
Thu, 22 May 2025	CN¥4.7t	CN¥3.6t	CN¥120.9b	37.3x	38.8x	1.3x
Sat, 19 Apr 2025	CN¥4.4t	CN¥3.5t	CN¥112.0b	35.8x	39.5x	1.3x
Mon, 17 Mar 2025	CN¥4.8t	CN¥3.5t	CN¥117.4b	38.7x	40.9x	1.4x
Wed, 12 Feb 2025	CN¥4.6t	CN¥3.5t	CN¥117.5b	34.8x	38.9x	1.3x
Fri, 10 Jan 2025	CN¥4.3t	CN¥3.5t	CN¥117.5b	34.3x	37x	1.2x
Sun, 08 Dec 2024	CN¥4.8t	CN¥3.5t	CN¥117.3b	36.9x	40.9x	1.4x
Tue, 05 Nov 2024	CN¥4.6t	CN¥3.5t	CN¥117.6b	34.3x	39.1x	1.3x
Thu, 03 Oct 2024	CN¥4.7t	CN¥3.6t	CN¥134.7b	33.6x	34.5x	1.3x
Sat, 31 Aug 2024	CN¥3.8t	CN¥3.6t	CN¥141.0b	27.9x	27.1x	1.1x
Mon, 29 Jul 2024	CN¥3.9t	CN¥3.6t	CN¥143.9b	27.3x	26.9x	1.1x
Wed, 26 Jun 2024	CN¥4.1t	CN¥3.6t	CN¥143.0b	29x	28.8x	1.2x
Fri, 24 May 2024	CN¥4.4t	CN¥3.5t	CN¥136.6b	32.7x	32.5x	1.3x
Sun, 21 Apr 2024	CN¥4.4t	CN¥3.5t	CN¥160.6b	28x	27.2x	1.2x
Tue, 19 Mar 2024	CN¥4.5t	CN¥3.5t	CN¥175.4b	30.7x	25.4x	1.3x
Thu, 15 Feb 2024	CN¥4.0t	CN¥3.5t	CN¥174.7b	25.1x	22.9x	1.1x
Sat, 13 Jan 2024	CN¥4.5t	CN¥3.5t	CN¥170.8b	34.7x	26.4x	1.3x
Mon, 11 Dec 2023	CN¥4.6t	CN¥3.5t	CN¥170.5b	35.1x	27x	1.3x
Wed, 08 Nov 2023	CN¥4.9t	CN¥3.5t	CN¥170.5b	37.1x	28.7x	1.4x
Fri, 06 Oct 2023	CN¥4.9t	CN¥3.5t	CN¥192.3b	34.8x	25.3x	1.4x
Sun, 03 Sep 2023	CN¥5.0t	CN¥3.5t	CN¥193.7b	33.7x	25.7x	1.4x

Current Industry PE

Investors are pessimistic on the Chinese Chemicals 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 33.5x which is lower than its 3-year average PE of 37.4x.

The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.9x.

Past Earnings Growth

The earnings for companies in the Chemicals industry have grown 2.2% per year over the last three years.
Revenues for these companies have grown 2.4% 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	0.044%
Materials	0.78%
Chemicals	-1.20%
Fertilizers and Agricultural Chemicals	1.35%
Specialty Chemicals	-1.15%
Commodity Chemicals	-1.31%
Diversified Chemicals	-2.11%
Industrial Gases	-7.13%

Industry PE

Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 53.4x.

Analysts are expecting annual earnings growth of 33.5%, which is higher than its past year's earnings decline of 0.03% per year.

Investors are most pessimistic about the Diversified Chemicals industry, which is trading below its 3-year average of 20.0x.

Forecasted Growth

Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 33% over the next 5 years.
This is better than its past earnings decline of 0.03% per year.

In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 15% 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
688300 Novoray	CN¥186.24	30.6% +CN¥10.5b	211.5%	PE148.4x
688585 Swancor Advanced Materials	CN¥159.93	12.7% +CN¥7.3b	82.5%	PS35.5x
002493 Rongsheng Petrochemical	CN¥14.26	5.4% +CN¥7.0b	42.6%	PE25.5x
300285 Shandong Sinocera Functional Material	CN¥68.69	9.2% +CN¥5.7b	212.8%	PE105.8x
601233 Tongkun Group	CN¥26.00	10.1% +CN¥5.6b	80.3%	PE11.9x

Ganfeng Lithium Group Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2026

Ganfeng Lithium Group Co., Ltd. provided earnings guidance for the six months ended June 30, 2026. For the period, the company expects the net profit attributable to the shareholders of the Company would be in the range from RMB 3,650,000,000 to RMB 4,600,000,000, representing an increase of approximately 787.07% to 965.90% as compared with the net loss attributable to the shareholders of the Company being RMB 531,239,300 for the corresponding period in 2025; (ii) the net profit after deducting the non-recurring profit or loss would be in the range from RMB 3,000,000,000 to RMB 4,200,000,000, representing an increase of approximately 428.64% to 560.10% as compared with the net loss after deducting the non-recurring profit or loss being RMB 912,845,400 for the corresponding period in 2025; and (iii) the basic earnings per share would be in the range from RMB 1.75 per share to RMB 2.20 per share, as compared with the basic loss per share of RMB 0.27 for the corresponding period in 2025. Based on the information currently available, the unaudited results of the Group under the Chinese Accounting Standards for Business Enterprises for the Reporting Period are expected to increase significantly as compared to the corresponding period in 2025, primarily because during the Reporting Period, (1) benefiting from the rapid development of the global new energy industry and rising demand for lithium salts from downstream customers, the selling prices of the Company's lithium salt products increased significantly year on year. Meanwhile, the gradual capacity ramp-up of lithium resource projects effectively optimized the Company's cost structure. Supported by sustained demand growth in energy storage markets, output and sales volumes of the lithium battery segment registered a notable rise. All the above factors jointly drove a year-on-year increase in the Company's operating performance; (2) to optimize the asset structure and strengthen cash management, the Company disposed of part of its shareholding in PLS Group Ltd. ("PLS") and recognized corresponding investment income. In addition, investment income from associates and joint ventures increased, further boosting the Company's profit for the current period.

Chinese (SSE) Chemicals Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Second quarter 2026 earnings released: EPS: CN¥0.46 (vs CN¥0.36 in 2Q 2025)

Second quarter 2026 earnings released: EPS: CN¥0.17 (vs CN¥0.085 in 2Q 2025)

Second quarter 2026 earnings released: EPS: CN¥0.98 (vs CN¥0.20 in 2Q 2025)

Second quarter 2026 earnings released: EPS: CN¥0.24 (vs CN¥0.001 in 2Q 2025)

Second quarter 2026 earnings released: EPS: CN¥0.18 (vs CN¥0.13 in 2Q 2025)

Investor sentiment deteriorates as stock falls 20%

Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2026 earnings released: EPS: CN¥0.098 (vs CN¥0.047 in 2Q 2025)

Second quarter 2026 earnings released: EPS: CN¥0.71 (vs CN¥0.56 in 2Q 2025)

Investor sentiment improves as stock rises 19%

Second quarter 2026 earnings released: EPS: CN¥0.32 (vs CN¥0.31 in 2Q 2025)

First half dividend of CN¥0.05 announced

Second quarter 2026 earnings released: CN¥0.31 loss per share (vs CN¥0.015 profit in 2Q 2025)

Second quarter 2026 earnings: EPS and revenues exceed analyst expectations

Ganfeng Lithium Group Co., Ltd. Provides Earnings Guidance for the Six Months Ended June 30, 2026

Guangzhou Guanggang Gases & Energy Co.,Ltd. to Report First Half, 2026 Results on Aug 31, 2026