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Chinese (SSE) Chemicals Industry Analysis
UpdatedJan 23, 2025
DataAggregated Company Financials
Companies493
- 7D0.4%
- 3M-1.7%
- 1Y3.7%
- YTD0.6%
Over the last 7 days, the Chemicals industry has remained flat, although notably Cathay Biotech gained 14%. The past year has been better, since the industry has gained 3.7% in that time. As for the next few years, earnings are expected to grow by 38% 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 |
|---|---|---|---|---|---|---|
| Thu, 23 Jan 2025 | CN¥4.4t | CN¥3.5t | CN¥117.7b | 33.8x | 37.6x | 1.3x |
| Sat, 21 Dec 2024 | CN¥4.7t | CN¥3.5t | CN¥117.5b | 36.8x | 39.9x | 1.3x |
| Mon, 18 Nov 2024 | CN¥4.7t | CN¥3.5t | CN¥117.1b | 35.7x | 39.9x | 1.3x |
| Wed, 16 Oct 2024 | CN¥4.3t | CN¥3.6t | CN¥135.2b | 31.7x | 32.1x | 1.2x |
| Fri, 13 Sep 2024 | CN¥3.7t | CN¥3.6t | CN¥134.6b | 26.8x | 27.3x | 1x |
| Sun, 11 Aug 2024 | CN¥3.9t | CN¥3.6t | CN¥144.2b | 27.7x | 26.8x | 1.1x |
| Tue, 09 Jul 2024 | CN¥4.0t | CN¥3.6t | CN¥143.2b | 27.8x | 27.7x | 1.1x |
| Thu, 06 Jun 2024 | CN¥4.4t | CN¥3.6t | CN¥142.9b | 30.6x | 30.5x | 1.2x |
| Sat, 04 May 2024 | CN¥4.5t | CN¥3.5t | CN¥137.2b | 33.2x | 32.5x | 1.3x |
| Mon, 01 Apr 2024 | CN¥4.4t | CN¥3.5t | CN¥159.0b | 29x | 27.4x | 1.2x |
| Wed, 28 Feb 2024 | CN¥4.3t | CN¥3.5t | CN¥175.0b | 29.2x | 24.4x | 1.2x |
| Fri, 26 Jan 2024 | CN¥4.3t | CN¥3.5t | CN¥171.3b | 31.6x | 25.1x | 1.2x |
| Sun, 24 Dec 2023 | CN¥4.5t | CN¥3.5t | CN¥170.6b | 34.8x | 26.5x | 1.3x |
| Tue, 21 Nov 2023 | CN¥4.9t | CN¥3.5t | CN¥170.7b | 37.6x | 28.7x | 1.4x |
| Thu, 19 Oct 2023 | CN¥4.7t | CN¥3.5t | CN¥193.2b | 32.8x | 24.5x | 1.4x |
| Sat, 16 Sep 2023 | CN¥5.0t | CN¥3.5t | CN¥192.7b | 34.2x | 25.8x | 1.4x |
| Mon, 14 Aug 2023 | CN¥5.1t | CN¥3.6t | CN¥251.7b | 28.9x | 20.4x | 1.4x |
| Wed, 12 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.8b | 29.6x | 20.4x | 1.5x |
| Fri, 09 Jun 2023 | CN¥5.0t | CN¥3.5t | CN¥253.9b | 27.9x | 19.9x | 1.4x |
| Sun, 07 May 2023 | CN¥5.2t | CN¥3.5t | CN¥264.0b | 28.9x | 19.9x | 1.5x |
| Tue, 04 Apr 2023 | CN¥5.7t | CN¥3.5t | CN¥322.5b | 28.7x | 17.8x | 1.6x |
| Thu, 02 Mar 2023 | CN¥6.0t | CN¥3.5t | CN¥322.9b | 30.3x | 18.7x | 1.7x |
| Sat, 28 Jan 2023 | CN¥5.8t | CN¥3.4t | CN¥309.1b | 28.6x | 18.7x | 1.7x |
| Mon, 26 Dec 2022 | CN¥5.3t | CN¥3.4t | CN¥309.1b | 26.5x | 17.1x | 1.5x |
| Wed, 23 Nov 2022 | CN¥5.6t | CN¥3.4t | CN¥308.6b | 28x | 18.1x | 1.6x |
| Fri, 21 Oct 2022 | CN¥5.6t | CN¥3.3t | CN¥334.7b | 26.4x | 16.7x | 1.7x |
| Sun, 18 Sep 2022 | CN¥5.8t | CN¥3.3t | CN¥331.0b | 26.8x | 17.5x | 1.8x |
| Tue, 16 Aug 2022 | CN¥6.5t | CN¥3.1t | CN¥314.3b | 30.3x | 20.8x | 2.1x |
| Thu, 14 Jul 2022 | CN¥6.2t | CN¥3.1t | CN¥312.8b | 27.3x | 19.8x | 2x |
| Sat, 11 Jun 2022 | CN¥6.2t | CN¥3.1t | CN¥312.9b | 26.9x | 19.7x | 2x |
| Mon, 09 May 2022 | CN¥5.2t | CN¥3.1t | CN¥307.9b | 23.7x | 17.1x | 1.7x |
| Wed, 06 Apr 2022 | CN¥5.9t | CN¥2.8t | CN¥278.3b | 29.1x | 21.2x | 2.1x |
| Fri, 04 Mar 2022 | CN¥6.3t | CN¥2.7t | CN¥258.1b | 32.2x | 24.4x | 2.4x |
| Sun, 30 Jan 2022 | CN¥5.7t | CN¥2.7t | CN¥253.5b | 31.1x | 22.6x | 2.2x |
Price to Earnings Ratio
22.6x
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 37.6x which is higher than its 3-year average PE of 24.1x.
- The 3-year average PS ratio of 1.5x 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 23% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.9% 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 | 0.60% | |
| Materials | 0.34% | |
| Chemicals | 0.44% | |
| Industrial Gases | 1.41% | |
| Specialty Chemicals | 0.57% | |
| Commodity Chemicals | 0.54% | |
| Diversified Chemicals | 0.37% | |
| Fertilizers and Agricultural Chemicals | -0.39% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 26.2x.
- Analysts are expecting annual earnings growth of 36.8%, which is higher than its past year's earnings decline of 8.9% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading close to its 3-year average of 19.2x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 2.9% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 688065 Cathay Biotech | CN¥43.61 | 14.5% +CN¥3.2b | -7.3% | PE63.7x | |
| 002001 Zhejiang NHU | CN¥22.40 | 3.8% +CN¥2.5b | 32.5% | PE15x | |
| 605488 Zhejiang Fulai New MaterialLtd | CN¥34.00 | 42.7% +CN¥1.9b | 141.1% | PE76.9x | |
| 002409 Jiangsu Yoke Technology | CN¥61.10 | 6.5% +CN¥1.8b | 35.2% | PE34.3x | |
| 603737 SKSHU PaintLtd | CN¥42.54 | 8.3% +CN¥1.7b | 4.7% | PE764.3x |
