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Hong Kong (HSI) Chemicals Industry Analysis

UpdatedMar 04, 2024
DataAggregated Company Financials
Companies37
  • 7D1.5%
  • 3M4.4%
  • 1Y-22.8%
  • YTD1.2%

In the last week, the Chemicals industry is up 1.5%, with Dongyue Group leading the way with a 2.9% gain. Meanwhile, China Boton Group actually underperformed within the industry, shrinking 16% in the last week. However, the industry is down 23% over the past year. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Mar 2024HK$117.1bHK$315.6bHK$10.9b5.8x10.8x0.4x
Wed, 31 Jan 2024HK$111.1bHK$322.6bHK$11.4b5.6x9.7x0.3x
Fri, 29 Dec 2023HK$116.8bHK$322.7bHK$11.4b5.6x10.2x0.4x
Sun, 26 Nov 2023HK$116.6bHK$317.3bHK$11.2b5.1x10.4x0.4x
Tue, 24 Oct 2023HK$112.5bHK$297.7bHK$9.0b5.2x12.5x0.4x
Thu, 21 Sep 2023HK$121.0bHK$298.6bHK$9.1b5.6x13.3x0.4x
Sat, 19 Aug 2023HK$123.1bHK$306.3bHK$12.2b5.4x10.1x0.4x
Mon, 17 Jul 2023HK$131.8bHK$313.2bHK$13.1b5.2x10.1x0.4x
Wed, 14 Jun 2023HK$131.3bHK$313.5bHK$13.1b5x10x0.4x
Fri, 12 May 2023HK$143.6bHK$322.3bHK$13.5b4.8x10.6x0.4x
Sun, 09 Apr 2023HK$142.9bHK$330.2bHK$14.1b5x10.2x0.4x
Tue, 07 Mar 2023HK$154.7bHK$340.7bHK$15.1b5.7x10.2x0.5x
Thu, 02 Feb 2023HK$160.5bHK$349.8bHK$16.1b5.6x10x0.5x
Sat, 31 Dec 2022HK$143.0bHK$340.7bHK$15.6b5x9.2x0.4x
Mon, 28 Nov 2022HK$139.6bHK$329.8bHK$15.1b5.1x9.3x0.4x
Wed, 26 Oct 2022HK$130.5bHK$341.6bHK$17.5b4.8x7.5x0.4x
Fri, 23 Sep 2022HK$142.3bHK$350.6bHK$17.9b5.2x8x0.4x
Sun, 21 Aug 2022HK$150.2bHK$337.5bHK$17.1b5.9x8.8x0.4x
Tue, 19 Jul 2022HK$155.5bHK$334.4bHK$16.7b6.4x9.3x0.5x
Thu, 16 Jun 2022HK$164.4bHK$335.1bHK$16.8b5.9x9.8x0.5x
Sat, 14 May 2022HK$156.6bHK$333.1bHK$16.7b6.4x9.4x0.5x
Mon, 11 Apr 2022HK$172.0bHK$345.7bHK$18.9b6.6x9.1x0.5x
Wed, 09 Mar 2022HK$170.3bHK$299.4bHK$18.8b6.7x9x0.6x
Fri, 04 Feb 2022HK$163.3bHK$295.7bHK$18.3b7.2x8.9x0.6x
Sun, 02 Jan 2022HK$215.5bHK$296.2bHK$18.3b7.5x11.7x0.7x
Tue, 30 Nov 2021HK$248.3bHK$294.5bHK$18.3b7.2x13.6x0.8x
Thu, 28 Oct 2021HK$227.1bHK$287.4bHK$18.6b7.8x12.2x0.8x
Sat, 25 Sep 2021HK$235.6bHK$284.3bHK$18.4b8.3x12.8x0.8x
Mon, 23 Aug 2021HK$231.5bHK$284.8bHK$18.5b8.5x12.5x0.8x
Sat, 10 Jul 2021HK$197.3bHK$284.1bHK$18.2b7.6x10.8x0.7x
Fri, 02 Apr 2021HK$152.0bHK$267.3bHK$14.7b8.3x10.4x0.6x
Price to Earnings Ratio

10.4x


Total Market Cap: HK$152.0bTotal Earnings: HK$14.7bTotal Revenue: HK$267.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Chemicals Industry Price to Earnings3Y Average 10.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Hong Kong Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 10.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.51x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 9.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.7% 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-1.65%
Materials-1.43%
Chemicals1.50%
Industrial Gases25.49%
Diversified Chemicals2.95%
Specialty Chemicals1.66%
Commodity Chemicals0.94%
Fertilizers and Agricultural Chemicals0.94%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry even though it's trading below its 3-year average PE ratio of 16.7x.
    • Analysts are expecting annual earnings growth of 3.9%, which is higher than its past year's earnings decline of 12.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 3.9% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
189 Dongyue GroupHK$7.122.9%
+HK$450.7m
-20.8%PE6x
336 Huabao International HoldingsHK$2.375.8%
+HK$419.9m
-40.2%PS2x
546 Fufeng GroupHK$4.783.0%
+HK$352.8m
-9.0%PE3.3x
746 Lee & Man ChemicalHK$3.1612.5%
+HK$288.8m
-44.9%PE7x
1940 China Gas Industry Investment HoldingsHK$0.6418.5%
+HK$120.0m
28.0%PE5x
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Latest News

1907

HK$3.04

China Risun Group

7D

-0.3%

1Y

-20.8%

189

HK$7.12

Dongyue Group

7D

2.9%

1Y

-20.8%

1702

HK$1.97

Dongguang Chemical

7D

-1.5%

1Y

-29.6%

3983

HK$2.31

China BlueChemical

7D

0.9%

1Y

23.5%

746

HK$3.16

Lee & Man Chemical

7D

12.5%

1Y

-44.9%

3318

HK$0.86

China Boton Group

7D

-15.7%

1Y

-74.2%

338

HK$1.12

Sinopec Shanghai Petrochemical

7D

0.9%

1Y

-20.0%

954

HK$0.41

Changmao Biochemical Engineering

7D

-22.1%

1Y

-48.7%

96

HK$0.42

Yusei Holdings

7D

-17.6%

1Y

-28.8%

6616

HK$3.84

Global New Material International Holdings

7D

-1.0%

1Y

-20.3%