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Chinese (SSE) Chemicals Industry Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies491
- 7D-3.2%
- 3M20.0%
- 1Y-1.2%
- YTD-5.0%
Over the last 7 days, the Chemicals industry has dropped 3.2%, driven by Inner Mongolia Junzheng Energy & Chemical GroupLtd declining 16%. Meanwhile, Zhejiang Juhua actually outperformed within the industry, gaining 12% in the last week. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 39% 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 |
|---|---|---|---|---|---|---|
| Tue, 24 Dec 2024 | CN¥4.6t | CN¥3.5t | CN¥117.5b | 35.6x | 39.1x | 1.3x |
| Thu, 21 Nov 2024 | CN¥4.8t | CN¥3.5t | CN¥117.1b | 36.3x | 41x | 1.4x |
| Sat, 19 Oct 2024 | CN¥4.4t | CN¥3.6t | CN¥134.4b | 32.6x | 32.8x | 1.2x |
| Mon, 16 Sep 2024 | CN¥3.6t | CN¥3.6t | CN¥134.7b | 26.6x | 26.9x | 1x |
| Wed, 14 Aug 2024 | CN¥3.9t | CN¥3.6t | CN¥145.3b | 27.7x | 26.6x | 1.1x |
| Fri, 12 Jul 2024 | CN¥4.1t | CN¥3.6t | CN¥143.2b | 28.9x | 28.7x | 1.1x |
| Sun, 09 Jun 2024 | CN¥4.3t | CN¥3.6t | CN¥143.0b | 30.3x | 30.1x | 1.2x |
| Tue, 07 May 2024 | CN¥4.6t | CN¥3.5t | CN¥137.1b | 34x | 33.7x | 1.3x |
| Thu, 04 Apr 2024 | CN¥4.5t | CN¥3.5t | CN¥157.9b | 30x | 28.7x | 1.3x |
| Sat, 02 Mar 2024 | CN¥4.3t | CN¥3.5t | CN¥173.2b | 28.5x | 24.9x | 1.2x |
| Mon, 29 Jan 2024 | CN¥4.3t | CN¥3.5t | CN¥171.4b | 31.7x | 24.9x | 1.2x |
| Wed, 27 Dec 2023 | CN¥4.5t | CN¥3.5t | CN¥170.8b | 34.7x | 26.4x | 1.3x |
| Fri, 24 Nov 2023 | CN¥4.8t | CN¥3.5t | CN¥170.7b | 36.7x | 28.4x | 1.4x |
| Sun, 22 Oct 2023 | CN¥4.6t | CN¥3.5t | CN¥191.9b | 32.2x | 24.2x | 1.3x |
| Tue, 19 Sep 2023 | CN¥5.0t | CN¥3.5t | CN¥192.5b | 34.7x | 25.8x | 1.4x |
| Thu, 17 Aug 2023 | CN¥5.0t | CN¥3.6t | CN¥250.2b | 28.7x | 20.2x | 1.4x |
| Sat, 15 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.9b | 29.6x | 20.6x | 1.5x |
| Mon, 12 Jun 2023 | CN¥5.0t | CN¥3.5t | CN¥253.9b | 27.9x | 19.8x | 1.4x |
| Wed, 10 May 2023 | CN¥5.2t | CN¥3.5t | CN¥261.1b | 28.6x | 19.9x | 1.5x |
| Fri, 07 Apr 2023 | CN¥5.6t | CN¥3.5t | CN¥321.3b | 28.6x | 17.5x | 1.6x |
| Sun, 05 Mar 2023 | CN¥6.0t | CN¥3.5t | CN¥326.4b | 30.4x | 18.5x | 1.7x |
| Tue, 31 Jan 2023 | CN¥5.8t | CN¥3.4t | CN¥310.0b | 29.1x | 18.9x | 1.7x |
| Thu, 29 Dec 2022 | CN¥5.4t | CN¥3.4t | CN¥309.1b | 26.9x | 17.4x | 1.6x |
| Sat, 26 Nov 2022 | CN¥5.6t | CN¥3.4t | CN¥308.6b | 27.4x | 18x | 1.6x |
| Mon, 24 Oct 2022 | CN¥5.5t | CN¥3.3t | CN¥336.9b | 26.2x | 16.5x | 1.7x |
| Wed, 21 Sep 2022 | CN¥5.9t | CN¥3.3t | CN¥331.0b | 26.8x | 17.8x | 1.8x |
| Fri, 19 Aug 2022 | CN¥6.4t | CN¥3.2t | CN¥312.7b | 30.1x | 20.5x | 2x |
| Sun, 17 Jul 2022 | CN¥6.2t | CN¥3.1t | CN¥312.8b | 27.6x | 19.7x | 2x |
| Tue, 14 Jun 2022 | CN¥6.3t | CN¥3.1t | CN¥312.9b | 27.2x | 20x | 2x |
| Thu, 12 May 2022 | CN¥5.4t | CN¥3.1t | CN¥312.0b | 24.5x | 17.4x | 1.8x |
| Sat, 09 Apr 2022 | CN¥5.9t | CN¥2.8t | CN¥277.8b | 29.3x | 21.2x | 2.1x |
| Mon, 07 Mar 2022 | CN¥6.2t | CN¥2.7t | CN¥260.8b | 31.9x | 23.8x | 2.3x |
| Wed, 02 Feb 2022 | CN¥5.7t | CN¥2.7t | CN¥253.3b | 31.1x | 22.6x | 2.2x |
| Fri, 31 Dec 2021 | CN¥6.4t | CN¥2.7t | CN¥252.9b | 34.7x | 25.3x | 2.4x |
Price to Earnings Ratio
25.3x
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 39.1x which is higher than its 3-year average PE of 23.7x.
- 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 23% 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 Market | -2.11% | |
| Materials | -3.56% | |
| Chemicals | -3.24% | |
| Diversified Chemicals | -1.12% | |
| Industrial Gases | -2.54% | |
| Specialty Chemicals | -3.07% | |
| Commodity Chemicals | -3.35% | |
| Fertilizers and Agricultural Chemicals | -3.80% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 25.6x.
- Analysts are expecting annual earnings growth of 38.0%, 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 19.3x.
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 2.0% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 27% 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 | |
|---|---|---|---|---|---|
| 600160 Zhejiang Juhua | CN¥24.15 | 12.4% +CN¥7.2b | 50.7% | PE44.8x | |
| 600989 Ningxia Baofeng Energy Group | CN¥16.17 | 3.3% +CN¥3.7b | 12.2% | PE18.8x | |
| 603379 Zhejiang Sanmei Chemical IndustryLtd | CN¥38.35 | 18.5% +CN¥3.7b | 20.6% | PE38.9x | |
| 002001 Zhejiang NHU | CN¥22.24 | 3.5% +CN¥2.3b | 31.1% | PE14.9x | |
| 000818 Hangjin Technology | CN¥21.00 | 17.4% +CN¥2.1b | -29.9% | PE181.4x |
