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Chinese (SSE) Chemicals Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies487
- 7D-5.0%
- 3M-14.3%
- 1Y-29.1%
- YTD-20.1%
Over the last 7 days, the Chemicals industry has dropped 5.0%, driven by Ningxia Baofeng Energy Group declining 13%. In contrast, Yingkou Fengguang Advanced MaterialLtd has gained 27%. The industry has fallen 29% in the last year. Looking forward, earnings are forecast to grow by 30% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥3.8t | CN¥3.6t | CN¥144.0b | 26.8x | 26.5x | 1.1x |
| Sun, 23 Jun 2024 | CN¥4.2t | CN¥3.6t | CN¥143.0b | 29.5x | 29.3x | 1.2x |
| Tue, 21 May 2024 | CN¥4.6t | CN¥3.5t | CN¥136.4b | 33.9x | 33.7x | 1.3x |
| Thu, 18 Apr 2024 | CN¥4.3t | CN¥3.5t | CN¥159.4b | 27.8x | 27.3x | 1.2x |
| Sat, 16 Mar 2024 | CN¥4.4t | CN¥3.5t | CN¥175.3b | 29.6x | 25x | 1.2x |
| Mon, 12 Feb 2024 | CN¥4.0t | CN¥3.5t | CN¥174.5b | 25x | 23x | 1.1x |
| Wed, 10 Jan 2024 | CN¥4.5t | CN¥3.5t | CN¥170.7b | 35.3x | 26.2x | 1.3x |
| Fri, 08 Dec 2023 | CN¥4.6t | CN¥3.5t | CN¥170.4b | 35.6x | 27.2x | 1.3x |
| Sun, 05 Nov 2023 | CN¥4.8t | CN¥3.5t | CN¥170.5b | 35.9x | 28.1x | 1.4x |
| Tue, 03 Oct 2023 | CN¥4.9t | CN¥3.5t | CN¥192.3b | 34.8x | 25.3x | 1.4x |
| Thu, 31 Aug 2023 | CN¥5.0t | CN¥3.5t | CN¥212.5b | 32.8x | 23.4x | 1.4x |
| Sat, 29 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.1b | 28.8x | 20.6x | 1.5x |
| Mon, 26 Jun 2023 | CN¥5.0t | CN¥3.5t | CN¥253.9b | 28.7x | 19.6x | 1.4x |
| Wed, 24 May 2023 | CN¥5.3t | CN¥3.5t | CN¥255.1b | 29.9x | 20.6x | 1.5x |
| Fri, 21 Apr 2023 | CN¥5.6t | CN¥3.5t | CN¥321.8b | 27.4x | 17.3x | 1.6x |
| Sun, 19 Mar 2023 | CN¥5.7t | CN¥3.5t | CN¥331.3b | 29x | 17.1x | 1.6x |
| Tue, 14 Feb 2023 | CN¥6.1t | CN¥3.5t | CN¥327.2b | 29.8x | 18.8x | 1.8x |
| Thu, 12 Jan 2023 | CN¥5.5t | CN¥3.4t | CN¥309.1b | 27.6x | 17.9x | 1.6x |
| Sat, 10 Dec 2022 | CN¥5.8t | CN¥3.4t | CN¥309.0b | 28.7x | 18.8x | 1.7x |
| Mon, 07 Nov 2022 | CN¥5.7t | CN¥3.4t | CN¥308.5b | 28.4x | 18.4x | 1.7x |
| Wed, 05 Oct 2022 | CN¥5.5t | CN¥3.3t | CN¥332.7b | 25.1x | 16.7x | 1.7x |
| Fri, 02 Sep 2022 | CN¥6.0t | CN¥3.3t | CN¥330.5b | 27.7x | 18.1x | 1.8x |
| Sun, 31 Jul 2022 | CN¥6.2t | CN¥3.1t | CN¥315.8b | 29.3x | 19.6x | 2x |
| Tue, 28 Jun 2022 | CN¥6.5t | CN¥3.1t | CN¥313.7b | 28.5x | 20.6x | 2.1x |
| Thu, 26 May 2022 | CN¥5.6t | CN¥3.1t | CN¥312.9b | 24.9x | 17.9x | 1.8x |
| Sat, 23 Apr 2022 | CN¥5.2t | CN¥2.9t | CN¥282.5b | 25.8x | 18.6x | 1.8x |
| Mon, 21 Mar 2022 | CN¥5.9t | CN¥2.8t | CN¥270.1b | 29.5x | 21.8x | 2.1x |
| Wed, 16 Feb 2022 | CN¥6.1t | CN¥2.7t | CN¥256.3b | 31.4x | 24x | 2.3x |
| Fri, 14 Jan 2022 | CN¥6.2t | CN¥2.7t | CN¥252.9b | 34.2x | 24.4x | 2.3x |
| Sun, 12 Dec 2021 | CN¥6.5t | CN¥2.7t | CN¥251.9b | 33.9x | 25.9x | 2.5x |
| Tue, 09 Nov 2021 | CN¥6.1t | CN¥2.6t | CN¥251.0b | 31.3x | 24.3x | 2.3x |
| Thu, 07 Oct 2021 | CN¥6.3t | CN¥2.4t | CN¥214.5b | 31x | 29.4x | 2.6x |
| Sat, 04 Sep 2021 | CN¥6.5t | CN¥2.4t | CN¥214.0b | 33.2x | 30.6x | 2.7x |
| Mon, 02 Aug 2021 | CN¥5.8t | CN¥2.4t | CN¥212.8b | 30.7x | 27.3x | 2.4x |
Price to Earnings Ratio
27.3x
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 26.5x which is higher than its 3-year average PE of 23.0x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 14% 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 Market | -3.39% | |
| Materials | -5.63% | |
| Chemicals | -4.98% | |
| Industrial Gases | -3.33% | |
| Specialty Chemicals | -3.78% | |
| Commodity Chemicals | -4.99% | |
| Fertilizers and Agricultural Chemicals | -6.06% | |
| Diversified Chemicals | -12.41% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 24.6x.
- Analysts are expecting annual earnings growth of 30.3%, which is higher than its past year's earnings decline of 16.4% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average of 18.5x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 33% over the next 5 years.
- This is better than its past earnings decline of 61% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 301100 Yingkou Fengguang Advanced MaterialLtd | CN¥15.20 | 27.0% +CN¥646.0m | -27.4% | PS3.7x | |
| 300072 Beijing Haixin Energy TechnologyLtd | CN¥2.07 | 11.9% +CN¥516.9m | -42.5% | PS0.8x | |
| 600328 CNSIG Inner Mongolia Chemical IndustryLtd | CN¥7.40 | 5.0% +CN¥515.3m | -21.6% | PE12.8x | |
| 000819 Yueyang Xingchang Petro-Chemical | CN¥16.09 | 9.4% +CN¥510.2m | -17.9% | PE56x | |
| 600378 Haohua Chemical Science & Technology | CN¥26.95 | 2.1% +CN¥501.3m | -26.2% | PE30.4x |
