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- 7D-5.2%
- 3M7.1%
- 1Y40.0%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 11%, driven by pullbacks in Rongsheng Petrochemical and Hengli PetrochemicalLtd of 11% and 8.0%, respectively. Over the past 12 months, the industry was up 36%. Earnings are forecast to grow by 43% annually.
Industry Valuation and Performance
Has the Chinese Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 26 Mar 2026 | CN¥3.5t | CN¥2.3t | CN¥54.5b | 44.4x | 64.8x | 1.5x |
| Sat, 21 Feb 2026 | CN¥3.7t | CN¥2.3t | CN¥56.0b | 47.7x | 66.3x | 1.6x |
| Mon, 19 Jan 2026 | CN¥3.4t | CN¥2.3t | CN¥55.3b | 47x | 62.3x | 1.5x |
| Wed, 17 Dec 2025 | CN¥2.9t | CN¥2.3t | CN¥54.7b | 40x | 53.9x | 1.3x |
| Fri, 14 Nov 2025 | CN¥3.2t | CN¥2.3t | CN¥54.7b | 43.2x | 59.4x | 1.4x |
| Sun, 12 Oct 2025 | CN¥3.0t | CN¥2.3t | CN¥49.5b | 42.3x | 61.4x | 1.3x |
| Tue, 09 Sep 2025 | CN¥2.9t | CN¥2.3t | CN¥49.5b | 43.4x | 59.3x | 1.3x |
| Thu, 07 Aug 2025 | CN¥2.6t | CN¥2.3t | CN¥50.9b | 39.9x | 51.7x | 1.1x |
| Sat, 05 Jul 2025 | CN¥2.4t | CN¥2.3t | CN¥51.3b | 36.7x | 46.8x | 1x |
| Mon, 02 Jun 2025 | CN¥2.3t | CN¥2.3t | CN¥51.3b | 36x | 44.6x | 1x |
| Wed, 30 Apr 2025 | CN¥2.3t | CN¥2.3t | CN¥51.7b | 34.7x | 43.8x | 1x |
| Fri, 28 Mar 2025 | CN¥2.4t | CN¥2.3t | CN¥54.2b | 36.4x | 44.5x | 1x |
| Sun, 23 Feb 2025 | CN¥2.4t | CN¥2.3t | CN¥54.4b | 35.8x | 43.6x | 1x |
| Tue, 21 Jan 2025 | CN¥2.3t | CN¥2.3t | CN¥54.2b | 33.4x | 41.6x | 1x |
| Thu, 19 Dec 2024 | CN¥2.3t | CN¥2.3t | CN¥54.1b | 35.5x | 43.3x | 1x |
| Sat, 16 Nov 2024 | CN¥2.3t | CN¥2.3t | CN¥54.1b | 35x | 42.9x | 1x |
| Mon, 14 Oct 2024 | CN¥2.1t | CN¥2.3t | CN¥66.5b | 29.9x | 31.8x | 0.9x |
| Wed, 11 Sep 2024 | CN¥1.8t | CN¥2.3t | CN¥66.4b | 26.1x | 26.9x | 0.8x |
| Fri, 09 Aug 2024 | CN¥1.9t | CN¥2.3t | CN¥68.3b | 27.4x | 28.1x | 0.8x |
| Sun, 07 Jul 2024 | CN¥2.0t | CN¥2.3t | CN¥68.0b | 27.9x | 29.5x | 0.9x |
| Tue, 04 Jun 2024 | CN¥2.2t | CN¥2.3t | CN¥68.0b | 31x | 32.2x | 0.9x |
| Thu, 02 May 2024 | CN¥2.3t | CN¥2.3t | CN¥66.9b | 33.3x | 33.9x | 1x |
| Sat, 30 Mar 2024 | CN¥2.2t | CN¥2.2t | CN¥62.4b | 29.3x | 35.5x | 1x |
| Mon, 26 Feb 2024 | CN¥2.1t | CN¥2.2t | CN¥59.3b | 29.2x | 35.6x | 0.9x |
| Wed, 24 Jan 2024 | CN¥2.1t | CN¥2.2t | CN¥58.9b | 32x | 35.4x | 0.9x |
| Fri, 22 Dec 2023 | CN¥2.3t | CN¥2.2t | CN¥58.2b | 37.5x | 38.8x | 1x |
| Sun, 19 Nov 2023 | CN¥2.5t | CN¥2.2t | CN¥58.5b | 38.9x | 42.1x | 1.1x |
| Tue, 17 Oct 2023 | CN¥2.4t | CN¥2.2t | CN¥56.8b | 36.1x | 42.5x | 1.1x |
| Thu, 14 Sep 2023 | CN¥2.5t | CN¥2.2t | CN¥56.9b | 35.9x | 44x | 1.1x |
| Sat, 12 Aug 2023 | CN¥2.6t | CN¥2.2t | CN¥86.7b | 29x | 29.6x | 1.2x |
| Mon, 10 Jul 2023 | CN¥2.6t | CN¥2.2t | CN¥88.1b | 30.2x | 29x | 1.2x |
| Wed, 07 Jun 2023 | CN¥2.5t | CN¥2.2t | CN¥87.3b | 29.4x | 28.9x | 1.1x |
| Fri, 05 May 2023 | CN¥2.6t | CN¥2.2t | CN¥95.2b | 30.2x | 27.7x | 1.2x |
| Sun, 02 Apr 2023 | CN¥2.9t | CN¥2.2t | CN¥145.8b | 27.5x | 19.6x | 1.3x |
Price to Earnings Ratio
19.6x
Current Industry PE
- Investors are optimistic on the Chinese Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 60.1x which is higher than its 3-year average PE of 41.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 28% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.5% 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 Comparison
How does Chinese Commodity Chemicals compare with similar industries?
| CN Market | -3.61% | |
| Materials | -5.50% | |
| Chemicals | -4.65% | |
| Commodity Chemicals | -5.22% | |
| Industrial Gases | 0.30% | |
| Specialty Chemicals | -4.12% | |
| Fertilizers and Agricultural Chemicals | -4.21% | |
| Diversified Chemicals | -5.14% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 000973 FSPG Hi-Tech | CN¥18.46 | 23.2% +CN¥8.6b | 162.2% | PE377.1x | |
| 300390 Canmax Technologies | CN¥56.65 | 18.6% +CN¥7.4b | 155.2% | PE117x | |
| 000703 Hengyi Petrochemical | CN¥12.59 | 19.3% +CN¥6.7b | 105.0% | PE177.5x | |
| 002709 Guangzhou Tinci Materials Technology | CN¥44.49 | 7.6% +CN¥6.3b | 132.0% | PE66.1x | |
| 002812 Yunnan Energy New Material (Group) | CN¥70.19 | 8.6% +CN¥5.4b | 120.7% | PS5.6x |