Investors Could Be Concerned With Peric Special Gases' (SHSE:688146) Returns On Capital
Jul 13
Chinese (SSE) Industrial Gases Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-3.3%
- 3M-16.6%
- 1Y-32.7%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 1.1%, driven by Peric Special Gases declining 6.8%. However, the industry is down 34% over the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Chinese Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | CN¥77.1b | CN¥24.0b | CN¥2.5b | 36.7x | 31.1x | 3.2x |
| Sun, 23 Jun 2024 | CN¥86.5b | CN¥24.0b | CN¥2.5b | 41.9x | 34.9x | 3.6x |
| Tue, 21 May 2024 | CN¥91.6b | CN¥24.0b | CN¥2.5b | 41.6x | 37x | 3.8x |
| Thu, 18 Apr 2024 | CN¥93.0b | CN¥23.8b | CN¥2.6b | 38.9x | 35.5x | 3.9x |
| Sat, 16 Mar 2024 | CN¥94.4b | CN¥23.4b | CN¥2.2b | 43.6x | 42.5x | 4x |
| Mon, 12 Feb 2024 | CN¥89.9b | CN¥23.4b | CN¥2.2b | 40.8x | 40x | 3.8x |
| Wed, 10 Jan 2024 | CN¥96.8b | CN¥23.4b | CN¥2.2b | 46.8x | 43.1x | 4.1x |
| Fri, 08 Dec 2023 | CN¥107.9b | CN¥23.4b | CN¥2.2b | 51.3x | 48x | 4.6x |
| Sun, 05 Nov 2023 | CN¥111.8b | CN¥23.5b | CN¥2.2b | 52.5x | 50x | 4.8x |
| Tue, 03 Oct 2023 | CN¥109.1b | CN¥23.6b | CN¥2.4b | 49.8x | 44.9x | 4.6x |
| Thu, 31 Aug 2023 | CN¥108.0b | CN¥23.6b | CN¥2.4b | 49.2x | 44.4x | 4.6x |
| Sat, 29 Jul 2023 | CN¥97.3b | CN¥22.3b | CN¥2.3b | 51x | 41.9x | 4.4x |
| Mon, 26 Jun 2023 | CN¥100.0b | CN¥22.3b | CN¥2.3b | 49.8x | 43x | 4.5x |
| Wed, 24 May 2023 | CN¥103.9b | CN¥22.1b | CN¥2.3b | 51.3x | 45.2x | 4.7x |
| Fri, 21 Apr 2023 | CN¥103.3b | CN¥21.3b | CN¥2.3b | 58.7x | 44x | 4.9x |
| Sun, 19 Mar 2023 | CN¥77.9b | CN¥19.4b | CN¥2.2b | 50.6x | 35.5x | 4x |
| Tue, 14 Feb 2023 | CN¥81.3b | CN¥19.2b | CN¥2.2b | 48.1x | 37x | 4.2x |
| Thu, 12 Jan 2023 | CN¥81.0b | CN¥19.2b | CN¥2.2b | 44.7x | 36.8x | 4.2x |
| Sat, 10 Dec 2022 | CN¥83.1b | CN¥19.2b | CN¥2.2b | 45.5x | 37.8x | 4.3x |
| Mon, 07 Nov 2022 | CN¥87.3b | CN¥19.2b | CN¥2.2b | 53.7x | 39.7x | 4.5x |
| Wed, 05 Oct 2022 | CN¥78.8b | CN¥18.7b | CN¥2.0b | 54.3x | 39.6x | 4.2x |
| Fri, 02 Sep 2022 | CN¥79.1b | CN¥18.7b | CN¥2.0b | 59.9x | 39.8x | 4.2x |
| Sun, 31 Jul 2022 | CN¥80.9b | CN¥18.1b | CN¥2.0b | 52.7x | 41.2x | 4.5x |
| Tue, 28 Jun 2022 | CN¥73.3b | CN¥18.1b | CN¥2.0b | 54.3x | 37x | 4x |
| Thu, 26 May 2022 | CN¥55.6b | CN¥17.3b | CN¥1.8b | 50.8x | 30.9x | 3.2x |
| Sat, 23 Apr 2022 | CN¥51.4b | CN¥16.6b | CN¥1.7b | 48.6x | 29.9x | 3.1x |
| Mon, 21 Mar 2022 | CN¥60.5b | CN¥16.5b | CN¥1.8b | 61.1x | 34.2x | 3.7x |
| Wed, 16 Feb 2022 | CN¥59.9b | CN¥16.2b | CN¥1.8b | 63.2x | 34.1x | 3.7x |
| Fri, 14 Jan 2022 | CN¥64.7b | CN¥16.2b | CN¥1.8b | 70.2x | 36.8x | 4x |
| Sun, 12 Dec 2021 | CN¥64.1b | CN¥16.2b | CN¥1.8b | 67.1x | 36.4x | 4x |
| Tue, 09 Nov 2021 | CN¥55.2b | CN¥16.2b | CN¥1.8b | 65.5x | 31.4x | 3.4x |
| Thu, 07 Oct 2021 | CN¥32.8b | CN¥4.2b | CN¥523.4m | 66.1x | 62.7x | 7.7x |
| Sat, 04 Sep 2021 | CN¥33.9b | CN¥4.2b | CN¥523.4m | 68x | 64.7x | 8x |
| Mon, 02 Aug 2021 | CN¥37.4b | CN¥4.2b | CN¥523.4m | 74.5x | 71.5x | 8.8x |
Price to Earnings Ratio
71.5x
Current Industry PE
- Investors are pessimistic on the Chinese Industrial Gases industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.1x which is lower than its 3-year average PE of 41.6x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 68% per year over the last three years.
- Revenues for these companies have grown 78% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Industrial Gases compare with similar industries?
| CN Market | -3.39% | |
| Materials | -5.63% | |
| Chemicals | -4.98% | |
| Industrial Gases | -3.33% | |
| Specialty Chemicals | -3.78% | |
| Commodity Chemicals | -4.99% | |
| Fertilizers and Agricultural Chemicals | -6.06% | |
| Diversified Chemicals | -12.41% | |
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 | |
|---|---|---|---|---|---|
| 301286 Sichuan Qiaoyuan GasLtd | CN¥27.95 | 1.4% +CN¥151.7m | -5.3% | PE61.1x | |
| 002971 Hubei Heyuan GasLtd | CN¥17.50 | 0.1% +CN¥4.2m | -11.6% | PE43.7x |
