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Hong Kong (HSI) Chemicals Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies37
  • 7D2.2%
  • 3M-2.6%
  • 1Y71.1%
  • YTD63.3%

Over the last 7 days, the Chemicals industry has risen 7.4%, driven by gains from Huabao International Holdings of 11%. This takes the industry's 12 month performance to a gain of 70%.

Industry Valuation and Performance

Has the Hong Kong Chemicals Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021HK$245.8bHK$294.7bHK$18.3b7.2x
Mon, 25 Oct 2021HK$225.2bHK$287.3bHK$18.6b7.6x
Wed, 22 Sep 2021HK$249.8bHK$284.1bHK$18.4b8.1x
Fri, 20 Aug 2021HK$220.2bHK$284.8bHK$18.5b8.4x
Fri, 04 Jun 2021HK$179.1bHK$267.3bHK$14.7b9.3x
Mon, 08 Mar 2021HK$162.1bHK$250.0bHK$9.2b10.7x
Thu, 10 Dec 2020HK$131.5bHK$244.9bHK$7.9b8.4x
Wed, 02 Sep 2020HK$112.9bHK$239.9bHK$7.2b9.2x
Sat, 06 Jun 2020HK$98.0bHK$253.8bHK$9.9b7.4x
Tue, 10 Mar 2020HK$114.4bHK$273.4bHK$12.9b7.7x
Mon, 02 Dec 2019HK$113.2bHK$269.1bHK$14.3b5.9x
Thu, 05 Sep 2019HK$121.9bHK$284.7bHK$16.9b7x
Sun, 09 Jun 2019HK$143.4bHK$291.4bHK$18.5b7.6x
Sat, 02 Mar 2019HK$140.1bHK$262.4bHK$16.9b8.4x
Tue, 04 Dec 2018HK$130.5bHK$254.3bHK$16.7b8.2x
PE Ratio

8.2x

Total Market Cap: HK$130.5bTotal Earnings: HK$16.7bTotal Revenue: HK$254.3b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 8.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Chemicals industry have grown 3.0% per year over the last three years, and revenues for these companies have grown 5.0% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Hong Kong Chemicals industry?

Diversified Chemicals8.18%
Specialty Chemicals6.36%
Commodity Chemicals-1.67%
Fertilizers and Agricultural Chemicals-5.18%

Industry PE: Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 10.3x. However analysts expect its future annual earnings growth (36%) to be largely in line with prior year's earnings growth, so the market might believe analysts are underestimating its future growth since investors are willing to pay a bigger premium today. Meanwhile, investors are most pessimistic about the Commodity Chemicals industry, which is trading below its 3-year average of 7.1x.

Forecasted Growth: Analysts are most optimistic on the Specialty Chemicals industry, expecting annual earnings growth of 36% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 2.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
189 Dongyue Group10.7%+HK$3.7b301.4%PE31.8x
336 Huabao International Holdings3.0%+HK$2.0b109.5%PE59.3x
3318 China Boton Group53.7%+HK$1.7b161.3%PE25.8x
546 Fufeng Group9.0%+HK$582.7m-5.1%PE6.9x
609 Tiande Chemical Holdings13.5%+HK$119.3m78.8%PE5.5x
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