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Hong Kong (HSI) Chemicals Industry Analysis
UpdatedJan 26, 2026
DataAggregated Company Financials
Companies38
- 7D4.2%
- 3M13.9%
- 1Y46.2%
- YTD6.5%
In the last week, the Chemicals industry is up 4.2%, with Dongyue Group up 7.4%. In the last 12 months, the industry was up 46%. Earnings are forecast to grow by 45% 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 |
|---|---|---|---|---|---|---|
| Mon, 26 Jan 2026 | HK$179.6b | HK$323.6b | HK$10.7b | 9.4x | 16.8x | 0.6x |
| Wed, 24 Dec 2025 | HK$164.0b | HK$320.0b | HK$10.6b | 8.5x | 15.5x | 0.5x |
| Fri, 21 Nov 2025 | HK$160.3b | HK$316.3b | HK$10.4b | 9.5x | 15.4x | 0.5x |
| Sun, 19 Oct 2025 | HK$156.0b | HK$318.5b | HK$10.4b | 9.2x | 15x | 0.5x |
| Tue, 16 Sep 2025 | HK$163.3b | HK$319.0b | HK$10.4b | 8.5x | 15.7x | 0.5x |
| Thu, 14 Aug 2025 | HK$160.4b | HK$328.9b | HK$8.9b | 10.1x | 18x | 0.5x |
| Sat, 12 Jul 2025 | HK$143.3b | HK$328.2b | HK$8.9b | 9.5x | 16.1x | 0.4x |
| Mon, 09 Jun 2025 | HK$135.3b | HK$326.9b | HK$8.7b | 9.6x | 15.6x | 0.4x |
| Wed, 07 May 2025 | HK$129.6b | HK$321.7b | HK$8.5b | 9.2x | 15.2x | 0.4x |
| Fri, 04 Apr 2025 | HK$134.8b | HK$321.7b | HK$8.7b | 9.2x | 15.5x | 0.4x |
| Sun, 02 Mar 2025 | HK$127.1b | HK$328.0b | HK$8.5b | 9.6x | 14.9x | 0.4x |
| Tue, 28 Jan 2025 | HK$127.3b | HK$329.7b | HK$8.6b | 10x | 14.9x | 0.4x |
| Thu, 26 Dec 2024 | HK$127.5b | HK$326.9b | HK$8.5b | 9.4x | 15x | 0.4x |
| Sat, 23 Nov 2024 | HK$123.2b | HK$329.1b | HK$8.2b | 9.2x | 14.9x | 0.4x |
| Mon, 21 Oct 2024 | HK$131.4b | HK$337.8b | HK$8.7b | 9.3x | 15.1x | 0.4x |
| Wed, 18 Sep 2024 | HK$113.8b | HK$337.7b | HK$8.7b | 8.7x | 13x | 0.3x |
| Fri, 16 Aug 2024 | HK$117.8b | HK$326.2b | HK$10.2b | 9.6x | 11.5x | 0.4x |
| Sun, 14 Jul 2024 | HK$126.1b | HK$322.7b | HK$10.0b | 10.3x | 12.7x | 0.4x |
| Tue, 11 Jun 2024 | HK$130.3b | HK$321.2b | HK$10.1b | 10.5x | 12.9x | 0.4x |
| Thu, 09 May 2024 | HK$131.3b | HK$322.2b | HK$10.1b | 10x | 13.1x | 0.4x |
| Sat, 06 Apr 2024 | HK$116.6b | HK$323.4b | HK$9.5b | 8.4x | 12.3x | 0.4x |
| Mon, 04 Mar 2024 | HK$117.1b | HK$315.6b | HK$10.9b | 5.8x | 10.8x | 0.4x |
| Wed, 31 Jan 2024 | HK$111.1b | HK$322.6b | HK$11.4b | 5.6x | 9.7x | 0.3x |
| Fri, 29 Dec 2023 | HK$116.8b | HK$322.7b | HK$11.4b | 5.6x | 10.2x | 0.4x |
| Sun, 26 Nov 2023 | HK$116.6b | HK$317.3b | HK$11.2b | 5.1x | 10.4x | 0.4x |
| Tue, 24 Oct 2023 | HK$112.5b | HK$297.7b | HK$9.0b | 5.2x | 12.5x | 0.4x |
| Thu, 21 Sep 2023 | HK$121.0b | HK$298.6b | HK$9.1b | 5.6x | 13.3x | 0.4x |
| Sat, 19 Aug 2023 | HK$123.1b | HK$306.3b | HK$12.2b | 5.4x | 10.1x | 0.4x |
| Mon, 17 Jul 2023 | HK$131.8b | HK$313.2b | HK$13.1b | 5.2x | 10.1x | 0.4x |
| Wed, 14 Jun 2023 | HK$131.3b | HK$313.5b | HK$13.1b | 5x | 10x | 0.4x |
| Fri, 12 May 2023 | HK$143.6b | HK$322.3b | HK$13.5b | 4.8x | 10.6x | 0.4x |
| Sun, 09 Apr 2023 | HK$142.9b | HK$330.2b | HK$14.1b | 5x | 10.2x | 0.4x |
| Tue, 07 Mar 2023 | HK$154.7b | HK$340.7b | HK$15.1b | 5.7x | 10.2x | 0.5x |
| Thu, 02 Feb 2023 | HK$160.5b | HK$349.8b | HK$16.1b | 5.6x | 10x | 0.5x |
Price to Earnings Ratio
10x
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 16.8x which is higher than its 3-year average PE of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 0.41x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 13% per year over the last three years,
- Revenues have also declined 2.6% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | -0.21% | |
| Materials | 7.65% | |
| Chemicals | 4.16% | |
| Industrial Gases | 23.71% | |
| Specialty Chemicals | 5.08% | |
| Commodity Chemicals | 4.88% | |
| Fertilizers and Agricultural Chemicals | 2.64% | |
| Diversified Chemicals | 2.56% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 26.7x.
- Analysts are expecting annual earnings growth of 31.8%, 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 4.8x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 100% 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 grow by 3.8% 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 | |
|---|---|---|---|---|---|
| 6616 Global New Material International Holdings | HK$9.27 | 15.4% +HK$1.6b | 162.6% | PE52.3x | |
| 1866 China XLX Fertiliser | HK$11.24 | 9.4% +HK$1.4b | 170.2% | PE10.6x | |
| 2198 China Sanjiang Fine Chemicals | HK$4.67 | 23.9% +HK$1.1b | 143.2% | PE7.3x | |
| 297 Sinofert Holdings | HK$1.71 | 9.6% +HK$1.1b | 52.7% | PE9.6x | |
| 1907 China Risun Group | HK$2.39 | 5.8% +HK$555.6m | -12.8% | PS0.2x |
