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Chinese (SSE) Industrial Gases Industry Analysis

UpdatedApr 12, 2024
DataAggregated Company Financials
Companies8
  • 7D0.7%
  • 3M-1.3%
  • 1Y-22.2%
  • YTDn/a

Over the last 7 days, the Industrial Gases industry has dropped 2.4%, driven by declines in Hangzhou Oxygen Plant GroupLtd and Guangdong Huate Gas of 1.0% and 5.4%, respectively. In contrast, Peric Special Gases has gained 13%. The industry has fallen 25% in the last year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

Has the Chinese Industrial Gases Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Apr 2024CN¥94.7bCN¥23.8bCN¥2.6b40.4x36.2x4x
Mon, 11 Mar 2024CN¥92.7bCN¥23.4bCN¥2.2b43x41.8x4x
Wed, 07 Feb 2024CN¥82.9bCN¥23.4bCN¥2.2b38.1x36.9x3.5x
Fri, 05 Jan 2024CN¥102.6bCN¥23.4bCN¥2.2b49.9x45.7x4.4x
Sun, 03 Dec 2023CN¥110.2bCN¥23.4bCN¥2.2b51.8x49x4.7x
Tue, 31 Oct 2023CN¥111.6bCN¥23.6bCN¥2.3b51.9x48.6x4.7x
Thu, 28 Sep 2023CN¥108.4bCN¥23.6bCN¥2.4b49x44.6x4.6x
Sat, 26 Aug 2023CN¥100.9bCN¥23.7bCN¥2.5b44.7x40.9x4.3x
Mon, 24 Jul 2023CN¥96.6bCN¥22.3bCN¥2.3b51.5x41.6x4.3x
Wed, 21 Jun 2023CN¥101.9bCN¥22.3bCN¥2.3b50.5x43.9x4.6x
Fri, 19 May 2023CN¥102.2bCN¥22.1bCN¥2.3b52.1x44.4x4.6x
Sun, 16 Apr 2023CN¥86.7bCN¥19.5bCN¥2.0b58.7x43.6x4.4x
Tue, 14 Mar 2023CN¥78.7bCN¥19.4bCN¥2.2b48.7x35.6x4.1x
Thu, 09 Feb 2023CN¥80.7bCN¥19.2bCN¥2.2b46.7x36.7x4.2x
Sat, 07 Jan 2023CN¥82.7bCN¥19.2bCN¥2.2b44.8x37.6x4.3x
Mon, 05 Dec 2022CN¥85.4bCN¥19.2bCN¥2.2b47.4x38.8x4.4x
Wed, 02 Nov 2022CN¥84.8bCN¥19.2bCN¥2.2b50.4x38.6x4.4x
Fri, 30 Sep 2022CN¥81.1bCN¥18.7bCN¥2.0b56.6x40.8x4.3x
Sun, 28 Aug 2022CN¥80.1bCN¥18.5bCN¥1.9b63.3x41.4x4.3x
Tue, 26 Jul 2022CN¥75.4bCN¥18.1bCN¥2.0b52x38.1x4.2x
Thu, 23 Jun 2022CN¥70.8bCN¥18.1bCN¥2.0b52.2x35.8x3.9x
Sat, 21 May 2022CN¥57.2bCN¥17.3bCN¥1.8b50.8x31.8x3.3x
Mon, 18 Apr 2022CN¥54.1bCN¥16.6bCN¥1.7b53.2x31.5x3.3x
Wed, 16 Mar 2022CN¥56.1bCN¥16.5bCN¥1.7b60x32.2x3.4x
Fri, 11 Feb 2022CN¥63.4bCN¥16.2bCN¥1.8b64.5x36.1x3.9x
Sun, 09 Jan 2022CN¥65.5bCN¥16.2bCN¥1.8b68.6x37.2x4x
Tue, 07 Dec 2021CN¥66.4bCN¥16.2bCN¥1.8b70.6x37.7x4.1x
Thu, 04 Nov 2021CN¥55.5bCN¥16.2bCN¥1.8b62x31.6x3.4x
Sat, 02 Oct 2021CN¥32.8bCN¥4.2bCN¥523.4m66.1x62.7x7.7x
Mon, 30 Aug 2021CN¥36.7bCN¥4.2bCN¥523.4m76.4x70.2x8.7x
Tue, 06 Jul 2021CN¥30.0bCN¥4.2bCN¥523.4m58.2x57.4x7.1x
Price to Earnings Ratio

53.4x


Total Market Cap: CN¥27.5bTotal Earnings: CN¥514.6mTotal Revenue: CN¥3.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Chinese Industrial Gases Industry Price to Earnings3Y Average 43.4x202220232024
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 36.0x which is lower than its 3-year average PE of 43.4x.
  • The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Industrial Gases industry have grown 71% per year over the last three years.
  • Revenues for these companies have grown 82% 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-2.07%
Materials-0.77%
Chemicals-1.34%
Industrial Gases0.68%
Diversified Chemicals0.091%
Commodity Chemicals-1.32%
Specialty Chemicals-1.54%
Fertilizers and Agricultural Chemicals-1.58%
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
688146 Peric Special GasesCN¥28.414.5%
+CN¥651.2m
n/aPE44.9x
301286 Sichuan Qiaoyuan GasLtdCN¥30.600.7%
+CN¥80.0m
18.4%PE60.4x
2971 Hubei Heyuan GasLtdCN¥28.320.9%
+CN¥40.0m
15.5%PE52.9x
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Latest News

688268

CN¥44.58

Guangdong Huate Gas

7D

-5.0%

1Y

-56.3%

301286

CN¥30.60

Sichuan Qiaoyuan GasLtd

7D

0.7%

1Y

18.4%

688146

CN¥28.41

Peric Special Gases

7D

4.5%

1Y

n/a

2549

CN¥6.98

Hunan Kaimeite Gases

7D

-7.8%

1Y

-53.0%

2430

CN¥30.06

Hangzhou Oxygen Plant GroupLtd

7D

-0.2%

1Y

-24.0%

2971

CN¥28.32

Hubei Heyuan GasLtd

7D

0.9%

1Y

15.5%

688548

CN¥9.75

Guangzhou Guanggang Gases & EnergyLtd

7D

-2.5%

1Y

n/a