Some Confidence Is Lacking In Guangzhou Guanggang Gases & Energy Co.,Ltd.'s (SHSE:688548) P/E
Dec 18
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Chinese (SSE) Industrial Gases Industry Analysis
UpdatedDec 24, 2024
DataAggregated Company Financials
Companies8
- 7D-2.5%
- 3M23.8%
- 1Y-14.0%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 2.5%, driven by Hangzhou Oxygen Plant GroupLtd declining 3.9%. The industry has fallen 14% in the last year. Earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Wed, 25 Dec 2024 | CN¥89.6b | CN¥24.9b | CN¥2.3b | 49.3x | 39x | 3.6x |
| Fri, 22 Nov 2024 | CN¥94.1b | CN¥24.9b | CN¥2.3b | 47.8x | 40.9x | 3.8x |
| Sun, 20 Oct 2024 | CN¥89.9b | CN¥24.5b | CN¥2.4b | 40.7x | 36.8x | 3.7x |
| Tue, 17 Sep 2024 | CN¥69.2b | CN¥24.5b | CN¥2.4b | 31.6x | 28.3x | 2.8x |
| Thu, 15 Aug 2024 | CN¥73.5b | CN¥24.1b | CN¥2.5b | 33x | 29.9x | 3.1x |
| Sat, 13 Jul 2024 | CN¥78.6b | CN¥24.0b | CN¥2.5b | 37.4x | 31.8x | 3.3x |
| Mon, 10 Jun 2024 | CN¥86.7b | CN¥24.0b | CN¥2.5b | 40x | 35x | 3.6x |
| Wed, 08 May 2024 | CN¥96.5b | CN¥24.0b | CN¥2.5b | 43.8x | 39x | 4x |
| Fri, 05 Apr 2024 | CN¥93.4b | CN¥23.7b | CN¥2.6b | 41.3x | 36.2x | 3.9x |
| Sun, 03 Mar 2024 | CN¥94.0b | CN¥23.4b | CN¥2.2b | 45.5x | 42.3x | 4x |
| Tue, 30 Jan 2024 | CN¥91.9b | CN¥23.4b | CN¥2.2b | 46.8x | 40.9x | 3.9x |
| Thu, 28 Dec 2023 | CN¥103.7b | CN¥23.4b | CN¥2.2b | 48.6x | 46.2x | 4.4x |
| Sat, 25 Nov 2023 | CN¥110.5b | CN¥23.5b | CN¥2.2b | 51.7x | 49.4x | 4.7x |
| Mon, 23 Oct 2023 | CN¥105.7b | CN¥23.6b | CN¥2.5b | 48.6x | 43.1x | 4.5x |
| Wed, 20 Sep 2023 | CN¥111.0b | CN¥23.6b | CN¥2.4b | 49.5x | 45.7x | 4.7x |
| Fri, 18 Aug 2023 | CN¥107.8b | CN¥23.9b | CN¥2.6b | 48.7x | 41.4x | 4.5x |
| Sun, 16 Jul 2023 | CN¥99.3b | CN¥22.3b | CN¥2.3b | 53.2x | 42.8x | 4.5x |
| Tue, 13 Jun 2023 | CN¥100.4b | CN¥22.3b | CN¥2.3b | 51.4x | 43.2x | 4.5x |
| Thu, 11 May 2023 | CN¥103.2b | CN¥22.1b | CN¥2.3b | 51.8x | 44.9x | 4.7x |
| Sat, 08 Apr 2023 | CN¥87.3b | CN¥19.5b | CN¥2.0b | 58.8x | 43.8x | 4.5x |
| Mon, 06 Mar 2023 | CN¥78.3b | CN¥19.4b | CN¥2.2b | 48.2x | 35.5x | 4x |
| Wed, 01 Feb 2023 | CN¥80.6b | CN¥19.2b | CN¥2.2b | 46.6x | 36.6x | 4.2x |
| Fri, 30 Dec 2022 | CN¥79.2b | CN¥19.2b | CN¥2.2b | 43.4x | 36x | 4.1x |
| Sun, 27 Nov 2022 | CN¥88.7b | CN¥19.2b | CN¥2.2b | 47.9x | 40.3x | 4.6x |
| Tue, 25 Oct 2022 | CN¥84.3b | CN¥18.9b | CN¥2.0b | 54.4x | 41.7x | 4.5x |
| Thu, 22 Sep 2022 | CN¥83.8b | CN¥18.7b | CN¥2.0b | 61.2x | 42.1x | 4.5x |
| Sat, 20 Aug 2022 | CN¥81.9b | CN¥18.3b | CN¥2.0b | 53.5x | 41.8x | 4.5x |
| Mon, 18 Jul 2022 | CN¥75.9b | CN¥18.1b | CN¥2.0b | 49.7x | 38.3x | 4.2x |
| Wed, 15 Jun 2022 | CN¥64.0b | CN¥17.3b | CN¥1.8b | 55.7x | 35.6x | 3.7x |
| Fri, 13 May 2022 | CN¥55.8b | CN¥17.3b | CN¥1.8b | 48.8x | 31x | 3.2x |
| Sun, 10 Apr 2022 | CN¥57.5b | CN¥16.6b | CN¥1.7b | 58.8x | 33.4x | 3.5x |
| Tue, 08 Mar 2022 | CN¥59.1b | CN¥16.5b | CN¥1.7b | 68.7x | 33.9x | 3.6x |
| Thu, 03 Feb 2022 | CN¥63.0b | CN¥16.2b | CN¥1.8b | 64.9x | 35.8x | 3.9x |
| Sat, 01 Jan 2022 | CN¥67.5b | CN¥16.2b | CN¥1.8b | 73.8x | 38.4x | 4.2x |
Price to Earnings Ratio
38.4x
Current Industry PE
- Investors are relatively neutral on the Chinese Industrial Gases 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 38.8x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have grown 9.3% per year over the last three years.
- Revenues for these companies have grown 15% 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 | -2.11% | |
| Materials | -3.56% | |
| Chemicals | -3.24% | |
| Industrial Gases | -2.54% | |
| Diversified Chemicals | -1.12% | |
| Specialty Chemicals | -3.07% | |
| Commodity Chemicals | -3.35% | |
| Fertilizers and Agricultural Chemicals | -3.80% | |
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¥35.59 | 8.3% +CN¥1.1b | 25.1% | PE79.4x |
