The Price Is Right For Dongyue Group Limited (HKG:189)
Jan 22
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Hong Kong (HSI) Chemicals Industry Analysis
UpdatedJan 23, 2026
DataAggregated Company Financials
Companies38
- 7D3.4%
- 3M13.8%
- 1Y46.6%
- YTD5.8%
In the last week, the Chemicals industry is up 3.4%, with Global New Material International Holdings leading the way, up 13%. This means that the industry has gained 47% over the past year. Earnings are forecast to grow by 44% 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 |
|---|---|---|---|---|---|---|
| Sat, 24 Jan 2026 | HK$178.1b | HK$323.1b | HK$10.7b | 9.3x | 16.7x | 0.6x |
| Mon, 22 Dec 2025 | HK$163.2b | HK$319.6b | HK$10.5b | 8.9x | 15.5x | 0.5x |
| Wed, 19 Nov 2025 | HK$159.4b | HK$316.5b | HK$10.4b | 9.4x | 15.3x | 0.5x |
| Fri, 17 Oct 2025 | HK$159.6b | HK$318.7b | HK$10.4b | 9.5x | 15.4x | 0.5x |
| Sun, 14 Sep 2025 | HK$164.6b | HK$319.0b | HK$10.4b | 8.5x | 15.9x | 0.5x |
| Tue, 12 Aug 2025 | HK$157.0b | HK$328.5b | HK$8.9b | 9x | 17.7x | 0.5x |
| Thu, 10 Jul 2025 | HK$141.8b | HK$328.0b | HK$8.9b | 9.6x | 16x | 0.4x |
| Sat, 07 Jun 2025 | HK$135.4b | HK$327.2b | HK$8.7b | 9.6x | 15.6x | 0.4x |
| Mon, 05 May 2025 | HK$128.5b | HK$319.3b | HK$8.5b | 9.1x | 15.1x | 0.4x |
| Wed, 02 Apr 2025 | HK$134.6b | HK$322.6b | HK$8.6b | 8.8x | 15.7x | 0.4x |
| Fri, 28 Feb 2025 | HK$129.3b | HK$328.5b | HK$8.5b | 9.7x | 15.1x | 0.4x |
| Sun, 26 Jan 2025 | HK$126.0b | HK$330.0b | HK$8.6b | 10.1x | 14.7x | 0.4x |
| Tue, 24 Dec 2024 | HK$126.2b | HK$326.9b | HK$8.5b | 9.3x | 14.8x | 0.4x |
| Thu, 21 Nov 2024 | HK$126.2b | HK$329.2b | HK$8.3b | 9.4x | 15.3x | 0.4x |
| Sat, 19 Oct 2024 | HK$131.4b | HK$337.7b | HK$8.7b | 9.3x | 15.1x | 0.4x |
| Mon, 16 Sep 2024 | HK$113.1b | HK$339.2b | HK$8.7b | 8.4x | 13x | 0.3x |
| Wed, 14 Aug 2024 | HK$118.4b | HK$325.7b | HK$10.2b | 9.4x | 11.6x | 0.4x |
| Fri, 12 Jul 2024 | HK$125.8b | HK$322.2b | HK$9.9b | 10.3x | 12.6x | 0.4x |
| Sun, 09 Jun 2024 | HK$130.3b | HK$321.2b | HK$10.1b | 10.5x | 12.9x | 0.4x |
| Tue, 07 May 2024 | HK$131.9b | HK$322.6b | HK$10.1b | 10.3x | 13.1x | 0.4x |
| Thu, 04 Apr 2024 | HK$119.0b | HK$323.3b | HK$9.5b | 8.5x | 12.5x | 0.4x |
| Sat, 02 Mar 2024 | HK$117.2b | HK$315.6b | HK$10.9b | 5.8x | 10.8x | 0.4x |
| Mon, 29 Jan 2024 | HK$114.0b | HK$320.5b | HK$11.3b | 5.6x | 10x | 0.4x |
| Wed, 27 Dec 2023 | HK$113.7b | HK$321.0b | HK$11.4b | 5.3x | 10x | 0.4x |
| Fri, 24 Nov 2023 | HK$116.6b | HK$317.8b | HK$11.2b | 5.2x | 10.4x | 0.4x |
| Sun, 22 Oct 2023 | HK$113.2b | HK$297.7b | HK$9.0b | 5.2x | 12.5x | 0.4x |
| Tue, 19 Sep 2023 | HK$120.9b | HK$298.5b | HK$9.1b | 5.6x | 13.3x | 0.4x |
| Thu, 17 Aug 2023 | HK$123.3b | HK$306.2b | HK$12.1b | 5.2x | 10.2x | 0.4x |
| Sat, 15 Jul 2023 | HK$131.8b | HK$313.4b | HK$13.1b | 5.2x | 10x | 0.4x |
| Mon, 12 Jun 2023 | HK$131.4b | HK$314.6b | HK$13.2b | 5.1x | 10x | 0.4x |
| Wed, 10 May 2023 | HK$145.6b | HK$323.2b | HK$13.6b | 5.5x | 10.7x | 0.5x |
| Fri, 07 Apr 2023 | HK$142.6b | HK$329.6b | HK$14.0b | 4.9x | 10.2x | 0.4x |
| Sun, 05 Mar 2023 | HK$152.5b | HK$341.9b | HK$15.2b | 5.6x | 10x | 0.4x |
| Tue, 31 Jan 2023 | HK$155.4b | HK$349.1b | HK$16.0b | 5.3x | 9.7x | 0.4x |
Price to Earnings Ratio
9.7x
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 16.7x 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 2.4% 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 | -0.61% | |
| Materials | 3.42% | |
| Chemicals | 3.45% | |
| Industrial Gases | 11.46% | |
| Specialty Chemicals | 5.24% | |
| Diversified Chemicals | 3.67% | |
| Commodity Chemicals | 2.56% | |
| Fertilizers and Agricultural Chemicals | 2.19% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 26.6x.
- 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 | |
|---|---|---|---|---|---|
| 189 Dongyue Group | HK$12.24 | 7.4% +HK$1.5b | 51.1% | PE14.8x | |
| 2198 China Sanjiang Fine Chemicals | HK$4.69 | 26.4% +HK$1.2b | 141.8% | PE7.3x | |
| 6616 Global New Material International Holdings | HK$8.60 | 11.3% +HK$1.2b | 146.4% | PE48.6x | |
| 297 Sinofert Holdings | HK$1.64 | 7.9% +HK$842.9m | 47.7% | PE9.2x | |
| 546 Fufeng Group | HK$8.51 | 2.9% +HK$601.7m | 59.4% | PE6.2x |
