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- 7D-9.7%
- 3M-0.7%
- 1Y45.5%
- YTD9.5%
Over the last 7 days, the Chemicals industry has dropped 9.7%, driven by Chongqing Polycomp International declining 20%. Meanwhile, Shandong Dongyue Organosilicon Materials actually outperformed within the industry, gaining 38% in the last week. Over the past 12 months, the industry was up 46%. As for the next few years, earnings are expected to grow by 29% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 12 Jul 2026 | CN¥7.3t | CN¥3.6t | CN¥169.9b | 45.7x | 42.9x | 2x |
| Tue, 09 Jun 2026 | CN¥7.2t | CN¥3.6t | CN¥171.3b | 45.2x | 41.8x | 2x |
| Thu, 07 May 2026 | CN¥8.0t | CN¥3.7t | CN¥171.5b | 50x | 46.7x | 2.2x |
| Sat, 04 Apr 2026 | CN¥6.9t | CN¥3.6t | CN¥147.0b | 44.8x | 46.8x | 1.9x |
| Mon, 02 Mar 2026 | CN¥7.7t | CN¥3.6t | CN¥136.9b | 51.7x | 56x | 2.2x |
| Wed, 28 Jan 2026 | CN¥7.2t | CN¥3.5t | CN¥135.8b | 50x | 53x | 2x |
| Fri, 26 Dec 2025 | CN¥6.3t | CN¥3.5t | CN¥135.5b | 42.9x | 46.9x | 1.8x |
| Sun, 23 Nov 2025 | CN¥5.9t | CN¥3.5t | CN¥135.2b | 41.2x | 43.4x | 1.7x |
| Tue, 21 Oct 2025 | CN¥5.6t | CN¥3.5t | CN¥122.5b | 42.2x | 46x | 1.6x |
| Thu, 18 Sep 2025 | CN¥5.8t | CN¥3.5t | CN¥121.4b | 43.5x | 47.6x | 1.6x |
| Sat, 16 Aug 2025 | CN¥5.4t | CN¥3.6t | CN¥119.2b | 44x | 45.6x | 1.5x |
| Mon, 14 Jul 2025 | CN¥4.9t | CN¥3.6t | CN¥121.0b | 39.2x | 40.4x | 1.4x |
| Wed, 11 Jun 2025 | CN¥4.7t | CN¥3.6t | CN¥120.8b | 37.6x | 38.9x | 1.3x |
| Fri, 09 May 2025 | CN¥4.7t | CN¥3.6t | CN¥121.7b | 37x | 38.3x | 1.3x |
| Sun, 06 Apr 2025 | CN¥4.6t | CN¥3.5t | CN¥111.7b | 36.6x | 41.6x | 1.3x |
| Tue, 04 Mar 2025 | CN¥4.7t | CN¥3.5t | CN¥118.0b | 35.8x | 39.9x | 1.3x |
| Thu, 30 Jan 2025 | CN¥4.4t | CN¥3.5t | CN¥117.8b | 33.7x | 37.7x | 1.3x |
| Sat, 28 Dec 2024 | CN¥4.6t | CN¥3.5t | CN¥117.5b | 35.6x | 39.3x | 1.3x |
| Mon, 25 Nov 2024 | CN¥4.6t | CN¥3.5t | CN¥117.1b | 35.2x | 39.5x | 1.3x |
| Wed, 23 Oct 2024 | CN¥4.5t | CN¥3.6t | CN¥134.3b | 33.7x | 33.6x | 1.3x |
| Fri, 20 Sep 2024 | CN¥3.7t | CN¥3.6t | CN¥134.6b | 27.2x | 27.4x | 1x |
| Sun, 18 Aug 2024 | CN¥3.8t | CN¥3.6t | CN¥146.1b | 27x | 25.9x | 1.1x |
| Tue, 16 Jul 2024 | CN¥4.1t | CN¥3.6t | CN¥143.2b | 28x | 28.3x | 1.1x |
| Thu, 13 Jun 2024 | CN¥4.3t | CN¥3.6t | CN¥143.0b | 30.5x | 30.3x | 1.2x |
| Sat, 11 May 2024 | CN¥4.6t | CN¥3.5t | CN¥137.3b | 34.4x | 33.6x | 1.3x |
| Mon, 08 Apr 2024 | CN¥4.5t | CN¥3.5t | CN¥156.4b | 30x | 28.9x | 1.3x |
| Wed, 06 Mar 2024 | CN¥4.2t | CN¥3.5t | CN¥173.2b | 28.1x | 24.5x | 1.2x |
| Fri, 02 Feb 2024 | CN¥3.9t | CN¥3.5t | CN¥171.2b | 27.8x | 22.6x | 1.1x |
| Sun, 31 Dec 2023 | CN¥4.7t | CN¥3.5t | CN¥170.8b | 36.1x | 27.4x | 1.3x |
| Tue, 28 Nov 2023 | CN¥4.8t | CN¥3.5t | CN¥171.0b | 36x | 27.9x | 1.4x |
| Thu, 26 Oct 2023 | CN¥4.6t | CN¥3.5t | CN¥191.2b | 32.2x | 24.2x | 1.3x |
| Sat, 23 Sep 2023 | CN¥4.9t | CN¥3.5t | CN¥192.4b | 34.6x | 25.6x | 1.4x |
| Mon, 21 Aug 2023 | CN¥5.0t | CN¥3.6t | CN¥247.5b | 29.2x | 20.3x | 1.4x |
| Wed, 19 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.8b | 29.2x | 20.5x | 1.5x |
Price to Earnings Ratio
20.5x
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 42.9x which is higher than its 3-year average PE of 36.6x.
- The 3-year average PS ratio of 1.5x 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 13% 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 | -3.19% | |
| Materials | -8.36% | |
| Chemicals | -9.74% | |
| Diversified Chemicals | -1.75% | |
| Fertilizers and Agricultural Chemicals | -7.10% | |
| Specialty Chemicals | -9.77% | |
| Commodity Chemicals | -10.49% | |
| Industrial Gases | -10.72% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 50.0x.
- Analysts are expecting annual earnings growth of 35.8%, which is higher than its past year's earnings decline of 7.3% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading below its 3-year average of 20.2x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 36% over the next 5 years.
- This is better than its past earnings decline of 7.3% 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 | |
|---|---|---|---|---|---|
| 300821 Shandong Dongyue Organosilicon Materials | CN¥26.96 | 38.3% +CN¥9.0b | 162.3% | PE234.6x | |
| 002409 Jiangsu Yoke Technology | CN¥207.17 | 3.8% +CN¥3.7b | 282.2% | PE97.9x | |
| 300487 Sunresin New MaterialsLtd | CN¥80.89 | 8.5% +CN¥3.2b | 58.7% | PE46.4x | |
| 603823 Lily Group | CN¥66.16 | 10.5% +CN¥2.6b | 374.9% | PE167.9x | |
| 688371 Jiangsu Favored Nanotechnology | CN¥45.05 | 17.3% +CN¥2.2b | 184.2% | PE5464.8x |