Market Participants Recognise Hunan Kaimeite Gases Co., Ltd.'s (SZSE:002549) Revenues Pushing Shares 29% Higher
Nov 11
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Chinese (SSE) Industrial Gases Industry Analysis
UpdatedNov 23, 2024
DataAggregated Company Financials
Companies8
- 7D-1.3%
- 3M29.7%
- 1Y-17.3%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has dropped 4.1%, driven by a pullback from Hangzhou Oxygen Plant GroupLtd of 3.7%. On the other hand Sichuan Qiaoyuan GasLtd is actually up 7.6%. 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 |
|---|---|---|---|---|---|---|
| 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 |
| Mon, 10 Apr 2023 | CN¥87.3b | CN¥19.5b | CN¥2.0b | 58.8x | 43.8x | 4.5x |
| Wed, 08 Mar 2023 | CN¥80.1b | CN¥19.4b | CN¥2.2b | 48.4x | 36.3x | 4.1x |
| Fri, 03 Feb 2023 | CN¥82.8b | CN¥19.2b | CN¥2.2b | 47.7x | 37.6x | 4.3x |
| Sun, 01 Jan 2023 | CN¥79.1b | CN¥19.2b | CN¥2.2b | 42.4x | 36x | 4.1x |
| Tue, 29 Nov 2022 | CN¥87.4b | CN¥19.2b | CN¥2.2b | 47.4x | 39.7x | 4.6x |
| Thu, 27 Oct 2022 | CN¥89.7b | CN¥19.1b | CN¥2.2b | 55.6x | 41.2x | 4.7x |
| Sat, 24 Sep 2022 | CN¥82.0b | CN¥18.7b | CN¥2.0b | 60.8x | 41.3x | 4.4x |
| Mon, 22 Aug 2022 | CN¥81.9b | CN¥18.3b | CN¥2.0b | 53.5x | 41.8x | 4.5x |
| Wed, 20 Jul 2022 | CN¥75.9b | CN¥18.1b | CN¥2.0b | 49.7x | 38.3x | 4.2x |
| Fri, 17 Jun 2022 | CN¥73.7b | CN¥18.1b | CN¥2.0b | 54.9x | 37.2x | 4.1x |
| Sun, 15 May 2022 | CN¥56.4b | CN¥17.3b | CN¥1.8b | 49x | 31.3x | 3.3x |
| Tue, 12 Apr 2022 | CN¥55.2b | CN¥16.6b | CN¥1.7b | 55.3x | 32.1x | 3.3x |
| Thu, 10 Mar 2022 | CN¥58.6b | CN¥16.5b | CN¥1.7b | 67.5x | 33.6x | 3.6x |
| Sat, 05 Feb 2022 | CN¥63.0b | CN¥16.2b | CN¥1.8b | 64.9x | 35.8x | 3.9x |
| Mon, 03 Jan 2022 | CN¥67.5b | CN¥16.2b | CN¥1.8b | 73.8x | 38.4x | 4.2x |
| Wed, 01 Dec 2021 | CN¥62.0b | CN¥16.2b | CN¥1.8b | 75.5x | 35.3x | 3.8x |
Price to Earnings Ratio
35.3x
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 38.7x.
- The industry is trading close to its 3-year average PS ratio of 4.0x.
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 | -2.14% | |
| Materials | -0.89% | |
| Chemicals | -0.90% | |
| Industrial Gases | -1.30% | |
| Diversified Chemicals | 0.90% | |
| Fertilizers and Agricultural Chemicals | -0.066% | |
| Specialty Chemicals | -0.74% | |
| Commodity Chemicals | -1.32% | |
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¥34.33 | 5.0% +CN¥650.3m | 21.0% | PE76.6x |
