Huabao International Holdings (HKG:336) Will Be Looking To Turn Around Its Returns
Jul 25
Hong Kong (HSI) Chemicals Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies40
- 7D-4.0%
- 3M-4.2%
- 1Y-9.8%
- YTD2.6%
Over the last 7 days, the Chemicals industry has dropped 4.0%, driven by declines in Dongyue Group and China BlueChemical of 10% and 13%, respectively. On the other hand Migao Group Holdings is actually up 17%. However, the industry is down 9.8% over the past year. As for the next few years, earnings are expected to grow by 44% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | HK$120.8b | HK$323.5b | HK$10.0b | 9.9x | 12.1x | 0.4x |
| Sun, 23 Jun 2024 | HK$127.9b | HK$322.2b | HK$9.9b | 9.7x | 12.9x | 0.4x |
| Tue, 21 May 2024 | HK$136.1b | HK$321.4b | HK$10.1b | 10.6x | 13.5x | 0.4x |
| Thu, 18 Apr 2024 | HK$119.0b | HK$323.3b | HK$10.1b | 8.4x | 11.8x | 0.4x |
| Sat, 16 Mar 2024 | HK$115.3b | HK$315.4b | HK$11.2b | 5.2x | 10.3x | 0.4x |
| Mon, 12 Feb 2024 | HK$110.5b | HK$317.0b | HK$10.9b | 5.8x | 10.1x | 0.3x |
| Wed, 10 Jan 2024 | HK$117.2b | HK$321.1b | HK$11.4b | 5.8x | 10.3x | 0.4x |
| Fri, 08 Dec 2023 | HK$114.8b | HK$318.4b | HK$11.3b | 5.1x | 10.2x | 0.4x |
| Sun, 05 Nov 2023 | HK$116.6b | HK$312.0b | HK$11.0b | 5.3x | 10.6x | 0.4x |
| Tue, 03 Oct 2023 | HK$120.7b | HK$298.5b | HK$9.0b | 5.7x | 13.4x | 0.4x |
| Thu, 31 Aug 2023 | HK$124.1b | HK$302.9b | HK$10.4b | 5.7x | 12x | 0.4x |
| Sat, 29 Jul 2023 | HK$132.8b | HK$311.9b | HK$13.1b | 5.1x | 10.2x | 0.4x |
| Mon, 26 Jun 2023 | HK$119.5b | HK$312.3b | HK$13.1b | 4.8x | 9.1x | 0.4x |
| Wed, 24 May 2023 | HK$138.4b | HK$317.3b | HK$13.3b | 5.1x | 10.4x | 0.4x |
| Fri, 21 Apr 2023 | HK$146.8b | HK$329.7b | HK$14.0b | 5.1x | 10.5x | 0.4x |
| Sun, 19 Mar 2023 | HK$146.7b | HK$342.8b | HK$15.2b | 5.3x | 9.6x | 0.4x |
| Tue, 14 Feb 2023 | HK$157.3b | HK$346.2b | HK$15.9b | 5.4x | 9.9x | 0.5x |
| Thu, 12 Jan 2023 | HK$148.3b | HK$347.3b | HK$15.9b | 5x | 9.3x | 0.4x |
| Sat, 10 Dec 2022 | HK$148.4b | HK$337.2b | HK$15.4b | 5.3x | 9.6x | 0.4x |
| Mon, 07 Nov 2022 | HK$134.4b | HK$330.6b | HK$15.1b | 5.1x | 8.9x | 0.4x |
| Wed, 05 Oct 2022 | HK$133.9b | HK$347.4b | HK$17.7b | 5x | 7.6x | 0.4x |
| Fri, 02 Sep 2022 | HK$146.4b | HK$356.2b | HK$18.3b | 5.4x | 8x | 0.4x |
| Sun, 31 Jul 2022 | HK$149.9b | HK$335.0b | HK$16.8b | 5.8x | 8.9x | 0.4x |
| Tue, 28 Jun 2022 | HK$162.3b | HK$337.4b | HK$16.9b | 6x | 9.6x | 0.5x |
| Thu, 26 May 2022 | HK$157.9b | HK$339.0b | HK$17.0b | 7x | 9.3x | 0.5x |
| Sat, 23 Apr 2022 | HK$161.1b | HK$341.7b | HK$18.7b | 6.3x | 8.6x | 0.5x |
| Mon, 21 Mar 2022 | HK$162.5b | HK$297.9b | HK$18.7b | 7.1x | 8.7x | 0.5x |
| Wed, 16 Feb 2022 | HK$168.4b | HK$296.1b | HK$18.3b | 7.3x | 9.2x | 0.6x |
| Fri, 14 Jan 2022 | HK$212.7b | HK$295.8b | HK$18.3b | 7.5x | 11.6x | 0.7x |
| Sun, 12 Dec 2021 | HK$223.1b | HK$295.5b | HK$18.3b | 7.3x | 12.2x | 0.8x |
| Tue, 09 Nov 2021 | HK$203.5b | HK$293.7b | HK$18.2b | 7.2x | 11.2x | 0.7x |
| Thu, 07 Oct 2021 | HK$239.4b | HK$285.2b | HK$18.5b | 7.9x | 12.9x | 0.8x |
| Sat, 04 Sep 2021 | HK$254.5b | HK$284.8b | HK$18.5b | 9x | 13.8x | 0.9x |
| Mon, 02 Aug 2021 | HK$225.1b | HK$284.8b | HK$18.5b | 8.6x | 12.2x | 0.8x |
Price to Earnings Ratio
12.2x
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 12.1x which is higher than its 3-year average PE of 10.5x.
- The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 19% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.3% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | -3.89% | |
| Materials | -10.54% | |
| Chemicals | -4.03% | |
| Industrial Gases | 2.06% | |
| Diversified Chemicals | -1.25% | |
| Fertilizers and Agricultural Chemicals | -3.30% | |
| Commodity Chemicals | -4.31% | |
| Specialty Chemicals | -5.54% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 61.7%, which is higher than its past year's earnings decline of 53.6% per year.
- Investors are most pessimistic about the Diversified Chemicals industry, which is trading below its 3-year average of 4.6x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings decline of 54% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 5.4% 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 | |
|---|---|---|---|---|---|
| 9879 Migao Group Holdings | HK$8.15 | 17.1% +HK$1.1b | n/a | PE27.3x | |
| 6616 Global New Material International Holdings | HK$4.64 | 3.3% +HK$185.8m | -2.5% | PE29.4x | |
| 9933 GHW International | HK$1.86 | 10.1% +HK$161.3m | 244.4% | PE602.2x | |
| 1084 Green Future Food Hydrocolloid Marine Science | HK$0.80 | 5.3% +HK$33.4m | -14.9% | PS0.5x | |
| 1940 China Gas Industry Investment Holdings | HK$0.50 | 3.1% +HK$18.0m | 28.2% | PE4.4x |
