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Chinese (SSE) Commodity Chemicals Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies264
  • 7D-2.3%
  • 3M31.6%
  • 1Y2.6%
  • YTDn/a

Over the last 7 days, the Commodity Chemicals industry has dropped 2.3%, driven by Jiangsu Eastern ShenghongLtd declining 7.7%. Meanwhile, Novoray actually outperformed within the industry, gaining 20% in the last week. Over the last year, the industry has been flat overall. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024CN¥2.3tCN¥2.3tCN¥54.1b36.6x43.3x1x
Tue, 19 Nov 2024CN¥2.3tCN¥2.3tCN¥54.1b34.1x42.1x1x
Thu, 17 Oct 2024CN¥2.1tCN¥2.3tCN¥65.1b29.7x32.5x0.9x
Sat, 14 Sep 2024CN¥1.8tCN¥2.3tCN¥66.6b24.6x26.4x0.8x
Mon, 12 Aug 2024CN¥1.9tCN¥2.3tCN¥68.7b27.3x27.7x0.8x
Wed, 10 Jul 2024CN¥2.0tCN¥2.3tCN¥68.0b28.1x29.2x0.9x
Fri, 07 Jun 2024CN¥2.1tCN¥2.3tCN¥68.0b29.4x31.2x0.9x
Sun, 05 May 2024CN¥2.3tCN¥2.3tCN¥66.8b33x34x1x
Tue, 02 Apr 2024CN¥2.3tCN¥2.2tCN¥62.3b30.1x36.4x1x
Thu, 29 Feb 2024CN¥2.1tCN¥2.2tCN¥57.8b28.8x36x0.9x
Sat, 27 Jan 2024CN¥2.2tCN¥2.2tCN¥58.9b33.3x36.7x1x
Mon, 25 Dec 2023CN¥2.3tCN¥2.2tCN¥58.3b37.1x38.8x1x
Wed, 22 Nov 2023CN¥2.5tCN¥2.2tCN¥58.5b39.1x42.3x1.1x
Fri, 20 Oct 2023CN¥2.3tCN¥2.2tCN¥56.7b33.9x41.1x1.1x
Sun, 17 Sep 2023CN¥2.5tCN¥2.2tCN¥56.8b35.6x43.5x1.1x
Tue, 15 Aug 2023CN¥2.6tCN¥2.2tCN¥86.4b29.1x29.6x1.2x
Thu, 13 Jul 2023CN¥2.6tCN¥2.2tCN¥88.1b30.8x29.5x1.2x
Sat, 10 Jun 2023CN¥2.5tCN¥2.2tCN¥87.3b28.8x28.5x1.1x
Mon, 08 May 2023CN¥2.6tCN¥2.2tCN¥94.1b29.9x27.7x1.2x
Wed, 05 Apr 2023CN¥2.8tCN¥2.1tCN¥145.1b27.2x19.3x1.3x
Fri, 03 Mar 2023CN¥3.0tCN¥2.2tCN¥152.2b30x19.8x1.4x
Sun, 29 Jan 2023CN¥3.0tCN¥2.2tCN¥153.2b28.8x19.4x1.4x
Tue, 27 Dec 2022CN¥2.7tCN¥2.2tCN¥153.2b26.6x17.7x1.3x
Thu, 24 Nov 2022CN¥2.9tCN¥2.2tCN¥153.2b27.6x18.7x1.3x
Sat, 22 Oct 2022CN¥2.8tCN¥2.1tCN¥177.2b26.3x16x1.4x
Mon, 19 Sep 2022CN¥3.0tCN¥2.1tCN¥174.8b26.9x17x1.4x
Wed, 17 Aug 2022CN¥3.4tCN¥1.9tCN¥174.1b31.8x19.6x1.8x
Fri, 15 Jul 2022CN¥3.2tCN¥1.9tCN¥173.3b28.3x18.5x1.7x
Sun, 12 Jun 2022CN¥3.2tCN¥1.9tCN¥173.9b27.1x18.1x1.6x
Tue, 10 May 2022CN¥2.7tCN¥1.9tCN¥174.3b23.8x15.4x1.4x
Thu, 07 Apr 2022CN¥3.0tCN¥1.8tCN¥165.2b29.4x18.5x1.7x
Sat, 05 Mar 2022CN¥3.2tCN¥1.7tCN¥147.9b32.2x21.4x1.9x
Mon, 31 Jan 2022CN¥2.8tCN¥1.7tCN¥145.2b30.9x19.6x1.7x
Wed, 29 Dec 2021CN¥3.1tCN¥1.6tCN¥144.8b34.8x21.6x1.9x
Price to Earnings Ratio

21.6x


Total Market Cap: CN¥3.1tTotal Earnings: CN¥144.8bTotal Revenue: CN¥1.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Commodity Chemicals Industry Price to Earnings3Y Average 27.5x202220232024
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 43.3x which is higher than its 3-year average PE of 27.5x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
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 12% 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-1.18%
Materials-2.66%
Chemicals-2.27%
Commodity Chemicals-2.25%
Fertilizers and Agricultural Chemicals-2.09%
Specialty Chemicals-2.28%
Diversified Chemicals-2.59%
Industrial Gases-3.23%
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?

CompanyLast Price7D1YValuation
688300 NovorayCN¥69.7620.4%
+CN¥2.2b		36.3%PE55.4x
600160 Zhejiang JuhuaCN¥22.913.5%
+CN¥2.1b		40.0%PE42.5x
603379 Zhejiang Sanmei Chemical IndustryLtdCN¥35.858.8%
+CN¥1.8b		9.2%PE36.3x
603650 Red Avenue New Materials GroupCN¥36.095.5%
+CN¥1.1b		11.5%PE43.7x
603360 Dalian BIO-CHEMCN¥23.228.8%
+CN¥924.3m		196.6%PE38.3x
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Latest News

000301

CN¥8.55

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-7.7%

1Y

-2.3%

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688300

CN¥69.76

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1Y

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600160

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300180

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-8.3%

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002709

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002812

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600589

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002632

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Daoming Optics&ChemicalLtd

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10.5%

1Y

32.8%

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603737

CN¥44.30

SKSHU PaintLtd

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-7.6%

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-4.8%

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002493

CN¥9.10

Rongsheng Petrochemical

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-4.2%

1Y

-10.0%

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000818

CN¥20.38

Hangjin Technology

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7.3%

1Y

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603360

CN¥23.22

Dalian BIO-CHEM

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8.8%

1Y

196.6%

600143

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Kingfa Sci. & Tech

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603379

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8.8%

1Y

9.2%

605006

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Shandong Fiberglass Group

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