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- 7D7.3%
- 3M-24.6%
- 1Y138.5%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 1.7%, driven by Hangzhou Oxygen Plant Group declining 5.1%. This takes the industry's 12 month performance to a gain of 135%. As for the next few years, earnings are expected to grow by 32% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 19 Sep 2026 | CN¥264.9b | CN¥30.3b | CN¥2.6b | 121.4x | 102.9x | 8.8x |
| Mon, 17 Aug 2026 | CN¥305.4b | CN¥28.8b | CN¥2.4b | 165x | 129x | 10.6x |
| Wed, 15 Jul 2026 | CN¥300.3b | CN¥28.1b | CN¥2.2b | 202.4x | 134.9x | 10.7x |
| Fri, 12 Jun 2026 | CN¥351.1b | CN¥28.1b | CN¥2.2b | 199.7x | 157.8x | 12.5x |
| Sun, 10 May 2026 | CN¥187.4b | CN¥28.1b | CN¥2.2b | 120.7x | 84.2x | 6.7x |
| Tue, 07 Apr 2026 | CN¥147.7b | CN¥26.9b | CN¥2.2b | 87.9x | 66.7x | 5.5x |
| Thu, 05 Mar 2026 | CN¥156.0b | CN¥26.8b | CN¥2.2b | 104.2x | 71.3x | 5.8x |
| Sat, 31 Jan 2026 | CN¥143.3b | CN¥26.6b | CN¥2.2b | 95.5x | 65.3x | 5.4x |
| Mon, 29 Dec 2025 | CN¥126.5b | CN¥26.6b | CN¥2.2b | 78.1x | 57.6x | 4.7x |
| Wed, 26 Nov 2025 | CN¥117.7b | CN¥26.6b | CN¥2.2b | 69.1x | 53.6x | 4.4x |
| Fri, 24 Oct 2025 | CN¥113.6b | CN¥25.8b | CN¥2.1b | 70.2x | 53.5x | 4.4x |
| Sun, 21 Sep 2025 | CN¥109.7b | CN¥25.8b | CN¥2.1b | 70x | 51.8x | 4.3x |
| Tue, 19 Aug 2025 | CN¥105.0b | CN¥25.4b | CN¥2.1b | 64x | 49.2x | 4.1x |
| Thu, 17 Jul 2025 | CN¥88.4b | CN¥25.3b | CN¥2.1b | 53.7x | 41.4x | 3.5x |
| Sat, 14 Jun 2025 | CN¥82.0b | CN¥25.3b | CN¥2.1b | 51.8x | 38.4x | 3.2x |
| Mon, 12 May 2025 | CN¥85.6b | CN¥25.3b | CN¥2.0b | 52x | 42x | 3.4x |
| Wed, 09 Apr 2025 | CN¥82.5b | CN¥25.0b | CN¥2.1b | 45.1x | 39.8x | 3.3x |
| Fri, 07 Mar 2025 | CN¥85.9b | CN¥25.2b | CN¥2.2b | 48x | 39.4x | 3.4x |
| Sun, 02 Feb 2025 | CN¥82.6b | CN¥24.9b | CN¥2.3b | 46.7x | 35.9x | 3.3x |
| Tue, 31 Dec 2024 | CN¥87.5b | CN¥24.9b | CN¥2.3b | 49x | 38.1x | 3.5x |
| Thu, 28 Nov 2024 | CN¥91.3b | CN¥24.9b | CN¥2.3b | 45.7x | 39.7x | 3.7x |
| Sat, 26 Oct 2024 | CN¥92.1b | CN¥24.5b | CN¥2.4b | 42.2x | 37.7x | 3.8x |
| Mon, 23 Sep 2024 | CN¥69.3b | CN¥24.5b | CN¥2.4b | 31.6x | 28.3x | 2.8x |
| Wed, 21 Aug 2024 | CN¥71.3b | CN¥24.2b | CN¥2.5b | 32.8x | 28.9x | 3x |
| Fri, 19 Jul 2024 | CN¥79.7b | CN¥24.0b | CN¥2.5b | 37.7x | 32.2x | 3.3x |
| Sun, 16 Jun 2024 | CN¥88.7b | CN¥24.0b | CN¥2.5b | 40.3x | 35.8x | 3.7x |
| Tue, 14 May 2024 | CN¥91.4b | CN¥24.0b | CN¥2.5b | 41.5x | 36.9x | 3.8x |
| Thu, 11 Apr 2024 | CN¥95.4b | CN¥23.7b | CN¥2.6b | 40.4x | 37x | 4x |
| Sat, 09 Mar 2024 | CN¥92.7b | CN¥23.4b | CN¥2.2b | 43x | 41.8x | 4x |
| Mon, 05 Feb 2024 | CN¥81.4b | CN¥23.4b | CN¥2.2b | 38x | 36.2x | 3.5x |
| Wed, 03 Jan 2024 | CN¥105.3b | CN¥23.4b | CN¥2.2b | 50.6x | 46.9x | 4.5x |
| Fri, 01 Dec 2023 | CN¥110.5b | CN¥23.4b | CN¥2.2b | 51.2x | 49.2x | 4.7x |
| Sun, 29 Oct 2023 | CN¥109.0b | CN¥23.6b | CN¥2.3b | 50.4x | 47.5x | 4.6x |
| Tue, 26 Sep 2023 | CN¥110.0b | CN¥23.6b | CN¥2.4b | 49.7x | 45.2x | 4.7x |
Price to Earnings Ratio
45.2x
Current Industry PE
- Investors are optimistic on the Chinese Industrial Gases industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 96.3x which is higher than its 3-year average PE of 54.4x.
- The 3-year average PS ratio of 4.8x is lower than the industry's current PS ratio of 8.2x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 8.7% 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 and as a result, profits have held steady.
Industry Comparison
How does Chinese Industrial Gases compare with similar industries?
| CN Market | 1.66% | |
| Materials | 0.93% | |
| Chemicals | 2.30% | |
| Industrial Gases | 7.28% | |
| Specialty Chemicals | 2.95% | |
| Commodity Chemicals | 2.91% | |
| Diversified Chemicals | -1.51% | |
| Fertilizers and Agricultural Chemicals | -2.40% | |
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 | |
|---|---|---|---|---|---|
| 688146 Peric Special Gases | CN¥239.20 | 5.7% +CN¥6.8b | 455.5% | PE245.6x | |
| 688548 Guangzhou Guanggang Gases & EnergyLtd | CN¥32.90 | 18.3% +CN¥6.7b | 179.8% | PE102.3x | |
| 688268 Guangdong Huate Gas | CN¥138.21 | 8.4% +CN¥1.4b | 136.0% | PE117.1x | |
| 301286 Sichuan Qiaoyuan Gas | CN¥46.81 | 7.3% +CN¥1.3b | 81.5% | PE73.4x | |
| 002971 Hubei Heyuan GasLtd | CN¥42.68 | 13.9% +CN¥1.1b | 34.3% | PE190.7x |