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- 7D-2.6%
- 3M35.5%
- 1Y126.3%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 2.6%, driven by a pullback from Jinhong GasLtd of 15%. Meanwhile, Peric Special Gases actually outperformed within the industry, gaining 8.6% in the last week. In the past year, the industry has gained 126%. Looking forward, earnings are forecast to grow by 29% 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, 06 May 2026 | CN¥194.6b | CN¥28.0b | CN¥2.2b | 125x | 87.2x | 7x |
| Fri, 03 Apr 2026 | CN¥140.3b | CN¥26.9b | CN¥2.2b | 86.1x | 63.4x | 5.2x |
| Sun, 01 Mar 2026 | CN¥156.6b | CN¥26.7b | CN¥2.2b | 102.3x | 70.7x | 5.9x |
| Tue, 27 Jan 2026 | CN¥150.5b | CN¥26.6b | CN¥2.2b | 99.7x | 68.5x | 5.6x |
| Thu, 25 Dec 2025 | CN¥127.6b | CN¥26.6b | CN¥2.2b | 80.4x | 58.1x | 4.8x |
| Sat, 22 Nov 2025 | CN¥114.9b | CN¥26.6b | CN¥2.2b | 66x | 52.3x | 4.3x |
| Mon, 20 Oct 2025 | CN¥113.5b | CN¥25.8b | CN¥2.1b | 69.9x | 53.6x | 4.4x |
| Wed, 17 Sep 2025 | CN¥104.3b | CN¥25.8b | CN¥2.1b | 68.3x | 49.3x | 4x |
| Fri, 15 Aug 2025 | CN¥103.2b | CN¥25.4b | CN¥2.1b | 64.2x | 48.3x | 4.1x |
| Sun, 13 Jul 2025 | CN¥87.1b | CN¥25.3b | CN¥2.1b | 53.9x | 40.7x | 3.4x |
| Tue, 10 Jun 2025 | CN¥85.0b | CN¥25.3b | CN¥2.1b | 53.6x | 39.8x | 3.4x |
| Thu, 08 May 2025 | CN¥85.2b | CN¥25.3b | CN¥2.0b | 50.3x | 41.8x | 3.4x |
| Sat, 05 Apr 2025 | CN¥87.8b | CN¥25.0b | CN¥2.1b | 50.6x | 42.4x | 3.5x |
| Mon, 03 Mar 2025 | CN¥83.7b | CN¥25.2b | CN¥2.2b | 46.7x | 38.4x | 3.3x |
| Wed, 29 Jan 2025 | CN¥82.6b | CN¥24.9b | CN¥2.3b | 46.7x | 35.9x | 3.3x |
| Fri, 27 Dec 2024 | CN¥89.0b | CN¥24.9b | CN¥2.3b | 48.3x | 38.7x | 3.6x |
| Sun, 24 Nov 2024 | CN¥91.1b | CN¥24.9b | CN¥2.3b | 45.9x | 39.6x | 3.7x |
| Tue, 22 Oct 2024 | CN¥91.8b | CN¥24.5b | CN¥2.4b | 41.3x | 37.5x | 3.7x |
| Thu, 19 Sep 2024 | CN¥69.7b | CN¥24.5b | CN¥2.4b | 31.6x | 28.5x | 2.8x |
| Sat, 17 Aug 2024 | CN¥72.9b | CN¥24.2b | CN¥2.5b | 33.8x | 29.6x | 3x |
| Mon, 15 Jul 2024 | CN¥78.6b | CN¥24.0b | CN¥2.5b | 37.4x | 31.8x | 3.3x |
| Wed, 12 Jun 2024 | CN¥86.7b | CN¥24.0b | CN¥2.5b | 41.6x | 35x | 3.6x |
| Fri, 10 May 2024 | CN¥95.4b | CN¥24.0b | CN¥2.5b | 43x | 38.5x | 4x |
| Sun, 07 Apr 2024 | CN¥93.4b | CN¥23.7b | CN¥2.6b | 41.3x | 36.3x | 3.9x |
| Tue, 05 Mar 2024 | CN¥93.2b | CN¥23.4b | CN¥2.2b | 44.9x | 41.9x | 4x |
| Thu, 01 Feb 2024 | CN¥84.4b | CN¥23.4b | CN¥2.2b | 39.6x | 37.6x | 3.6x |
| Sat, 30 Dec 2023 | CN¥106.6b | CN¥23.4b | CN¥2.2b | 51x | 47.4x | 4.5x |
| Mon, 27 Nov 2023 | CN¥110.5b | CN¥23.5b | CN¥2.2b | 51.7x | 49.4x | 4.7x |
| Wed, 25 Oct 2023 | CN¥104.6b | CN¥23.6b | CN¥2.5b | 49.4x | 42.6x | 4.4x |
| Fri, 22 Sep 2023 | CN¥108.9b | CN¥23.6b | CN¥2.4b | 48.8x | 44.8x | 4.6x |
| Sun, 20 Aug 2023 | CN¥109.4b | CN¥24.1b | CN¥2.6b | 50.2x | 41.4x | 4.5x |
| Tue, 18 Jul 2023 | CN¥99.2b | CN¥22.3b | CN¥2.3b | 53x | 42.7x | 4.5x |
| Thu, 15 Jun 2023 | CN¥101.5b | CN¥22.3b | CN¥2.3b | 49.8x | 43.7x | 4.6x |
| Sat, 13 May 2023 | CN¥100.6b | CN¥22.1b | CN¥2.3b | 50.6x | 43.7x | 4.6x |
Price to Earnings Ratio
43.7x
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 87.2x which is higher than its 3-year average PE of 44.8x.
- The 3-year average PS ratio of 4.1x is lower than the industry's current PS ratio of 7.0x.
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 8.2% 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 | 1.52% | |
| Materials | 2.39% | |
| Chemicals | 2.39% | |
| Industrial Gases | -2.59% | |
| Commodity Chemicals | 3.25% | |
| Specialty Chemicals | 2.15% | |
| Fertilizers and Agricultural Chemicals | 1.36% | |
| Diversified Chemicals | -0.64% | |
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¥57.22 | 21.0% +CN¥3.9b | 115.8% | PE95.4x | |
| 688146 Peric Special Gases | CN¥77.25 | 1.5% +CN¥603.5m | 172.3% | PE113.6x | |
| 688268 Guangdong Huate Gas | CN¥193.60 | 1.8% +CN¥403.1m | 257.9% | PE185.5x | |
| 002549 Hunan Kaimeite Gases | CN¥20.39 | 0.2% +CN¥34.8m | 116.9% | PE206.8x |