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Chinese (SSE) Chemicals Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies482
  • 7D4.4%
  • 3M-13.3%
  • 1Y-32.8%
  • YTD-10.6%

The Chemicals industry is up 3.4% in the last week, with Wanhua Chemical Group up 4.1%. During this same period, the Fujian Kuncai Material Technology underperformed, falling 10%. However, the industry is down 34% over the past year. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Chinese Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024CN¥4.2tCN¥3.5tCN¥175.1b28.5x23.9x1.2x
Mon, 22 Jan 2024CN¥4.3tCN¥3.5tCN¥171.3b32.4x25.2x1.2x
Wed, 20 Dec 2023CN¥4.5tCN¥3.5tCN¥170.4b35x26.4x1.3x
Fri, 17 Nov 2023CN¥4.9tCN¥3.5tCN¥170.4b37x28.8x1.4x
Sun, 15 Oct 2023CN¥4.8tCN¥3.5tCN¥193.3b33.8x25x1.4x
Tue, 12 Sep 2023CN¥5.0tCN¥3.5tCN¥192.7b35.3x26.2x1.4x
Thu, 10 Aug 2023CN¥5.2tCN¥3.5tCN¥253.2b28.5x20.6x1.5x
Sat, 08 Jul 2023CN¥5.1tCN¥3.5tCN¥254.5b29.1x20x1.4x
Mon, 05 Jun 2023CN¥5.2tCN¥3.5tCN¥253.9b29.5x20.4x1.5x
Wed, 03 May 2023CN¥5.3tCN¥3.5tCN¥264.1b29.1x20.2x1.5x
Fri, 31 Mar 2023CN¥5.7tCN¥3.5tCN¥326.7b28.2x17.4x1.6x
Sun, 26 Feb 2023CN¥6.0tCN¥3.5tCN¥323.1b29.6x18.6x1.7x
Tue, 24 Jan 2023CN¥5.8tCN¥3.4tCN¥309.0b28.6x18.7x1.7x
Thu, 22 Dec 2022CN¥5.5tCN¥3.4tCN¥309.1b27.4x17.7x1.6x
Sat, 19 Nov 2022CN¥5.6tCN¥3.4tCN¥308.6b27.9x18.2x1.6x
Mon, 17 Oct 2022CN¥5.7tCN¥3.3tCN¥333.3b26.1x17x1.7x
Wed, 14 Sep 2022CN¥6.2tCN¥3.3tCN¥330.9b28.5x18.8x1.9x
Fri, 12 Aug 2022CN¥6.5tCN¥3.1tCN¥314.7b30.3x20.6x2.1x
Sun, 10 Jul 2022CN¥6.4tCN¥3.1tCN¥312.3b28x20.4x2.1x
Tue, 07 Jun 2022CN¥6.0tCN¥3.1tCN¥312.9b27x19.3x2x
Thu, 05 May 2022CN¥5.2tCN¥3.1tCN¥311.3b23.3x16.7x1.7x
Sat, 02 Apr 2022CN¥5.9tCN¥2.8tCN¥278.0b28.9x21.1x2.1x
Mon, 28 Feb 2022CN¥6.4tCN¥2.7tCN¥256.3b32.8x25.1x2.4x
Wed, 26 Jan 2022CN¥5.8tCN¥2.7tCN¥253.5b31.3x22.8x2.2x
Fri, 24 Dec 2021CN¥6.4tCN¥2.7tCN¥252.2b34.5x25.3x2.4x
Sun, 21 Nov 2021CN¥6.3tCN¥2.6tCN¥251.7b33.7x25x2.4x
Tue, 19 Oct 2021CN¥6.3tCN¥2.4tCN¥217.9b30.6x28.7x2.6x
Thu, 16 Sep 2021CN¥7.2tCN¥2.4tCN¥214.2b35.3x33.4x2.9x
Sat, 14 Aug 2021CN¥6.4tCN¥2.4tCN¥213.9b34.4x29.7x2.6x
Wed, 09 Jun 2021CN¥4.8tCN¥2.2tCN¥167.9b31.1x28.7x2.2x
Tue, 02 Mar 2021CN¥4.6tCN¥2.0tCN¥124.8b36x36.8x2.3x
Price to Earnings Ratio

36.8x


Total Market Cap: CN¥4.6tTotal Earnings: CN¥124.8bTotal Revenue: CN¥2.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Chemicals Industry Price to Earnings3Y Average 23x202220232024
Current Industry PE
  • Investors are relatively neutral on the Chinese Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 23.0x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market5.15%
Materials4.23%
Chemicals4.43%
Commodity Chemicals4.85%
Specialty Chemicals4.46%
Diversified Chemicals3.74%
Fertilizers and Agricultural Chemicals3.70%
Industrial Gases-0.22%
Industry PE
  • Investors are most optimistic about the Industrial Gases industry even though it's trading below its 3-year average PE ratio of 44.1x.
    • Analysts are expecting annual earnings growth of 29.5%, which is higher than its past year's earnings decline of 0.6% per year.
  • Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 20.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Chemicals industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings decline of 48% per year.
  • In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 24% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
600309 Wanhua Chemical GroupCN¥77.624.1%
+CN¥9.7b
-23.7%PE14.5x
600160 Zhejiang JuhuaCN¥20.0612.4%
+CN¥6.0b
9.7%PE37.9x
600989 Ningxia Baofeng Energy GroupCN¥14.804.9%
+CN¥5.0b
-4.3%PE22.5x
603379 Zhejiang Sanmei Chemical IndustryLtdCN¥45.0118.4%
+CN¥4.2b
45.9%PE104x
2648 Satellite ChemicalLtdCN¥16.158.0%
+CN¥4.0b
-9.3%PE15.9x
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