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- 7D-0.9%
- 3M2.5%
- 1Y60.9%
- YTD15.1%
Over the last 7 days, the Chemicals industry has dropped 1.3%, driven by a pullback from Ningxia Baofeng Energy Group of 15%. On the other hand Grace Fabric TechnologyLtd is actually up 33%. Over the past 12 months, the industry was up 62%. Looking forward, earnings are forecast to grow by 31% annually.
Industry Valuation and Performance
Has the Chinese Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 May 2026 | CN¥7.7t | CN¥3.7t | CN¥172.1b | 51.3x | 44.7x | 2.1x |
| Thu, 23 Apr 2026 | CN¥7.6t | CN¥3.6t | CN¥148.0b | 48.2x | 51.2x | 2.1x |
| Sat, 21 Mar 2026 | CN¥6.9t | CN¥3.6t | CN¥141.0b | 45.3x | 48.8x | 1.9x |
| Mon, 16 Feb 2026 | CN¥7.2t | CN¥3.6t | CN¥136.6b | 48.9x | 52.6x | 2x |
| Wed, 14 Jan 2026 | CN¥6.8t | CN¥3.5t | CN¥136.0b | 46.6x | 49.7x | 1.9x |
| Fri, 12 Dec 2025 | CN¥6.0t | CN¥3.5t | CN¥135.3b | 42.1x | 44.1x | 1.7x |
| Sun, 09 Nov 2025 | CN¥6.2t | CN¥3.5t | CN¥135.1b | 44.1x | 45.6x | 1.7x |
| Tue, 07 Oct 2025 | CN¥5.9t | CN¥3.5t | CN¥121.5b | 44.4x | 48.7x | 1.7x |
| Thu, 04 Sep 2025 | CN¥5.6t | CN¥3.5t | CN¥121.7b | 40.9x | 45.7x | 1.6x |
| Sat, 02 Aug 2025 | CN¥5.1t | CN¥3.6t | CN¥120.5b | 40.3x | 42.5x | 1.4x |
| Mon, 30 Jun 2025 | CN¥4.8t | CN¥3.6t | CN¥120.9b | 37.5x | 39.5x | 1.3x |
| Wed, 28 May 2025 | CN¥4.6t | CN¥3.6t | CN¥120.8b | 37.5x | 38.4x | 1.3x |
| Fri, 25 Apr 2025 | CN¥4.5t | CN¥3.5t | CN¥111.2b | 36.6x | 40.7x | 1.3x |
| Sun, 23 Mar 2025 | CN¥4.7t | CN¥3.5t | CN¥114.7b | 37.9x | 41.2x | 1.3x |
| Tue, 18 Feb 2025 | CN¥4.6t | CN¥3.5t | CN¥117.5b | 36x | 39.2x | 1.3x |
| Thu, 16 Jan 2025 | CN¥4.4t | CN¥3.5t | CN¥117.6b | 34x | 37.5x | 1.2x |
| Sat, 14 Dec 2024 | CN¥4.8t | CN¥3.5t | CN¥117.5b | 37x | 40.7x | 1.4x |
| Mon, 11 Nov 2024 | CN¥4.8t | CN¥3.5t | CN¥117.2b | 37.1x | 41.2x | 1.4x |
| Wed, 09 Oct 2024 | CN¥5.0t | CN¥3.6t | CN¥134.7b | 36x | 36.8x | 1.4x |
| Fri, 06 Sep 2024 | CN¥3.8t | CN¥3.6t | CN¥134.3b | 27.7x | 28.1x | 1.1x |
| Sun, 04 Aug 2024 | CN¥3.9t | CN¥3.6t | CN¥144.2b | 28.5x | 27.1x | 1.1x |
| Tue, 02 Jul 2024 | CN¥4.2t | CN¥3.6t | CN¥143.0b | 29.3x | 29.1x | 1.2x |
| Thu, 30 May 2024 | CN¥4.4t | CN¥3.5t | CN¥136.9b | 32.4x | 32.3x | 1.3x |
| Sat, 27 Apr 2024 | CN¥4.4t | CN¥3.6t | CN¥159.5b | 30.5x | 27.4x | 1.2x |
| Mon, 25 Mar 2024 | CN¥4.4t | CN¥3.5t | CN¥176.8b | 29.9x | 24.7x | 1.2x |
| Wed, 21 Feb 2024 | CN¥4.1t | CN¥3.5t | CN¥174.7b | 26.9x | 23.2x | 1.2x |
| Fri, 19 Jan 2024 | CN¥4.4t | CN¥3.5t | CN¥171.3b | 33.1x | 25.4x | 1.2x |
| Sun, 17 Dec 2023 | CN¥4.6t | CN¥3.5t | CN¥170.4b | 35.5x | 26.8x | 1.3x |
| Tue, 14 Nov 2023 | CN¥4.8t | CN¥3.5t | CN¥170.5b | 36.8x | 28.4x | 1.4x |
| Thu, 12 Oct 2023 | CN¥4.8t | CN¥3.5t | CN¥192.3b | 34.2x | 25x | 1.4x |
| Sat, 09 Sep 2023 | CN¥5.0t | CN¥3.5t | CN¥193.2b | 34.4x | 26x | 1.4x |
| Mon, 07 Aug 2023 | CN¥5.3t | CN¥3.5t | CN¥253.7b | 28.5x | 20.7x | 1.5x |
| Wed, 05 Jul 2023 | CN¥5.2t | CN¥3.5t | CN¥254.8b | 29.8x | 20.3x | 1.5x |
| Fri, 02 Jun 2023 | CN¥5.1t | CN¥3.5t | CN¥253.9b | 29.1x | 20x | 1.4x |
Price to Earnings Ratio
20x
Current Industry PE
- Investors are optimistic on the Chinese Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 35.5x.
- The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 12% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Chinese Materials industry?
| CN Market | 1.01% | |
| Materials | -0.18% | |
| Chemicals | -0.86% | |
| Commodity Chemicals | 0.33% | |
| Specialty Chemicals | 0.23% | |
| Fertilizers and Agricultural Chemicals | -4.24% | |
| Industrial Gases | -6.98% | |
| Diversified Chemicals | -12.85% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 45.8x.
- Analysts are expecting annual earnings growth of 31.1%, which is higher than its past year's earnings decline of 7.3% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading below its 3-year average of 20.2x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 35% over the next 5 years.
- This is better than its past earnings growth rate of 2.8% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603256 Grace Fabric TechnologyLtd | CN¥175.31 | 33.3% +CN¥39.6b | 1,714.8% | PE509.5x | |
| 688585 Swancor Advanced Materials | CN¥187.00 | 30.6% +CN¥17.7b | 2,440.8% | PS40.9x | |
| 002080 Sinoma Science & TechnologyLtd | CN¥74.88 | 14.1% +CN¥15.5b | 350.3% | PE64x | |
| 300285 Shandong Sinocera Functional Material | CN¥51.15 | 31.5% +CN¥12.1b | 212.3% | PE82.2x | |
| 301526 Chongqing Polycomp International | CN¥21.56 | 15.3% +CN¥10.8b | 481.1% | PE165.9x |