We Ran A Stock Scan For Earnings Growth And China Sanjiang Fine Chemicals (HKG:2198) Passed With Ease
Feb 12
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- 7D-1.1%
- 3M12.2%
- 1Y48.0%
- YTD12.2%
The Chemicals industry is down 1.1% over the last week with Huabao International Holdings the worst performer, down 6.0%. Meanwhile, China BlueChemical actually outperformed within the industry, gaining 10% in the last week. Over the past 12 months, the industry was up 48%. Looking forward, earnings are forecast to grow by 46% annually.
Industry Valuation and Performance
Has the Hong Kong Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Mar 2026 | HK$193.2b | HK$327.5b | HK$10.8b | 10.3x | 17.9x | 0.6x |
| Mon, 02 Feb 2026 | HK$189.5b | HK$324.8b | HK$10.7b | 10.5x | 17.7x | 0.6x |
| Wed, 31 Dec 2025 | HK$168.4b | HK$321.9b | HK$10.6b | 8.5x | 15.9x | 0.5x |
| Fri, 28 Nov 2025 | HK$159.1b | HK$317.3b | HK$10.5b | 9.4x | 15.2x | 0.5x |
| Sun, 26 Oct 2025 | HK$156.2b | HK$315.4b | HK$10.4b | 9x | 15x | 0.5x |
| Tue, 23 Sep 2025 | HK$159.0b | HK$319.1b | HK$10.4b | 8x | 15.3x | 0.5x |
| Thu, 21 Aug 2025 | HK$161.2b | HK$327.2b | HK$8.9b | 10.5x | 18.1x | 0.5x |
| Sat, 19 Jul 2025 | HK$146.6b | HK$328.0b | HK$8.9b | 9.8x | 16.5x | 0.4x |
| Mon, 16 Jun 2025 | HK$142.1b | HK$327.9b | HK$8.8b | 9.5x | 16.2x | 0.4x |
| Wed, 14 May 2025 | HK$131.6b | HK$324.1b | HK$8.6b | 9.3x | 15.3x | 0.4x |
| Fri, 11 Apr 2025 | HK$125.0b | HK$319.1b | HK$8.6b | 9x | 14.5x | 0.4x |
| Sun, 09 Mar 2025 | HK$131.8b | HK$329.8b | HK$8.5b | 9.7x | 15.4x | 0.4x |
| Tue, 04 Feb 2025 | HK$125.9b | HK$330.2b | HK$8.6b | 9.6x | 14.7x | 0.4x |
| Thu, 02 Jan 2025 | HK$129.9b | HK$326.9b | HK$8.5b | 9.4x | 15.3x | 0.4x |
| Sat, 30 Nov 2024 | HK$125.6b | HK$330.3b | HK$8.3b | 9.2x | 15.2x | 0.4x |
| Mon, 28 Oct 2024 | HK$127.8b | HK$334.2b | HK$8.4b | 9.2x | 15.3x | 0.4x |
| Wed, 25 Sep 2024 | HK$119.7b | HK$341.5b | HK$8.8b | 8.9x | 13.7x | 0.4x |
| Fri, 23 Aug 2024 | HK$116.9b | HK$327.0b | HK$9.1b | 9.6x | 12.9x | 0.4x |
| Sun, 21 Jul 2024 | HK$123.1b | HK$322.0b | HK$9.9b | 10.2x | 12.4x | 0.4x |
| Tue, 18 Jun 2024 | HK$128.2b | HK$323.7b | HK$10.1b | 9.6x | 12.7x | 0.4x |
| Thu, 16 May 2024 | HK$135.4b | HK$322.2b | HK$10.1b | 10.4x | 13.4x | 0.4x |
| Sat, 13 Apr 2024 | HK$119.2b | HK$323.5b | HK$10.1b | 8.7x | 11.8x | 0.4x |
| Mon, 11 Mar 2024 | HK$114.4b | HK$315.8b | HK$11.2b | 5.2x | 10.2x | 0.4x |
| Wed, 07 Feb 2024 | HK$108.0b | HK$319.2b | HK$11.0b | 5.5x | 9.8x | 0.3x |
| Fri, 05 Jan 2024 | HK$118.4b | HK$320.1b | HK$11.3b | 5.7x | 10.4x | 0.4x |
| Sun, 03 Dec 2023 | HK$115.4b | HK$318.6b | HK$11.3b | 5.1x | 10.3x | 0.4x |
| Tue, 31 Oct 2023 | HK$117.0b | HK$311.5b | HK$11.0b | 5.4x | 10.6x | 0.4x |
| Thu, 28 Sep 2023 | HK$118.5b | HK$298.0b | HK$9.0b | 5.7x | 13.1x | 0.4x |
| Sat, 26 Aug 2023 | HK$123.8b | HK$308.5b | HK$12.3b | 5.6x | 10.1x | 0.4x |
| Mon, 24 Jul 2023 | HK$131.5b | HK$311.4b | HK$13.0b | 5.1x | 10.1x | 0.4x |
| Wed, 21 Jun 2023 | HK$124.1b | HK$312.0b | HK$13.1b | 4.9x | 9.5x | 0.4x |
| Fri, 19 May 2023 | HK$140.6b | HK$318.0b | HK$13.3b | 5.2x | 10.5x | 0.4x |
| Sun, 16 Apr 2023 | HK$146.9b | HK$330.4b | HK$14.1b | 5x | 10.4x | 0.4x |
| Tue, 14 Mar 2023 | HK$148.2b | HK$343.4b | HK$15.3b | 5.4x | 9.7x | 0.4x |
Price to Earnings Ratio
9.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.9x which is higher than its 3-year average PE of 13.4x.
- The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 11% 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 Hong Kong Materials industry?
| HK Market | -1.89% | |
| Materials | -5.60% | |
| Chemicals | -1.08% | |
| Fertilizers and Agricultural Chemicals | 2.30% | |
| Diversified Chemicals | 0.28% | |
| Industrial Gases | 0% | 0 |
| Commodity Chemicals | -2.82% | |
| Specialty Chemicals | -2.85% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 28.0x.
- Analysts are expecting annual earnings growth of 31.3%, which is higher than its past year's earnings growth of 15.9% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.9x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 103% over the next 5 years.
- This is better than its past earnings growth rate of 23% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| 3983 China BlueChemical | HK$3.22 | 10.3% +HK$1.4b | 56.3% | PE12.8x | |
| 1866 China XLX Fertiliser | HK$12.18 | 2.8% +HK$478.7m | 207.6% | PE11.4x | |
| 9879 Migao Group Holdings | HK$8.02 | 3.0% +HK$209.1m | 57.3% | PE20x | |
| 1907 China Risun Group | HK$2.57 | 1.6% +HK$171.0m | -5.5% | PS0.2x | |
| 3318 China Boton Group | HK$1.85 | 8.2% +HK$151.2m | 33.1% | PS1.1x |
