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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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | HK$245.8b | HK$294.7b | HK$18.3b | 7.2x |
| Mon, 25 Oct 2021 | HK$225.2b | HK$287.3b | HK$18.6b | 7.6x |
| Wed, 22 Sep 2021 | HK$249.8b | HK$284.1b | HK$18.4b | 8.1x |
| Fri, 20 Aug 2021 | HK$220.2b | HK$284.8b | HK$18.5b | 8.4x |
| Fri, 04 Jun 2021 | HK$179.1b | HK$267.3b | HK$14.7b | 9.3x |
| Mon, 08 Mar 2021 | HK$162.1b | HK$250.0b | HK$9.2b | 10.7x |
| Thu, 10 Dec 2020 | HK$131.5b | HK$244.9b | HK$7.9b | 8.4x |
| Wed, 02 Sep 2020 | HK$112.9b | HK$239.9b | HK$7.2b | 9.2x |
| Sat, 06 Jun 2020 | HK$98.0b | HK$253.8b | HK$9.9b | 7.4x |
| Tue, 10 Mar 2020 | HK$114.4b | HK$273.4b | HK$12.9b | 7.7x |
| Mon, 02 Dec 2019 | HK$113.2b | HK$269.1b | HK$14.3b | 5.9x |
| Thu, 05 Sep 2019 | HK$121.9b | HK$284.7b | HK$16.9b | 7x |
| Sun, 09 Jun 2019 | HK$143.4b | HK$291.4b | HK$18.5b | 7.6x |
| Sat, 02 Mar 2019 | HK$140.1b | HK$262.4b | HK$16.9b | 8.4x |
| Tue, 04 Dec 2018 | HK$130.5b | HK$254.3b | HK$16.7b | 8.2x |
PE Ratio
8.2x
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 Chemicals | 8.18% | |
| Specialty Chemicals | 6.36% | |
| 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 189 Dongyue Group | 10.7%+HK$3.7b | 301.4% | PE31.8x | |
| 336 Huabao International Holdings | 3.0%+HK$2.0b | 109.5% | PE59.3x | |
| 3318 China Boton Group | 53.7%+HK$1.7b | 161.3% | PE25.8x | |
| 546 Fufeng Group | 9.0%+HK$582.7m | -5.1% | PE6.9x | |
| 609 Tiande Chemical Holdings | 13.5%+HK$119.3m | 78.8% | PE5.5x |
