Header cover image

Hong Kong (HSI) Chemicals Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies38
  • 7D5.4%
  • 3M17.2%
  • 1Y47.4%
  • YTD14.4%

In the last week, the Chemicals industry is up 5.4%, with Fufeng Group leading the way, up 20%. During this same period, the Global New Material International Holdings underperformed, falling 5.9%. This means that the industry has gained 47% over the past year. Looking forward, 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026HK$196.6bHK$328.9bHK$10.9b11x18.1x0.6x
Sun, 08 Feb 2026HK$186.2bHK$325.4bHK$10.7b9.7x17.3x0.6x
Tue, 06 Jan 2026HK$164.9bHK$322.4bHK$10.6b8.5x15.5x0.5x
Thu, 04 Dec 2025HK$166.8bHK$318.7bHK$10.5b9.1x15.9x0.5x
Sat, 01 Nov 2025HK$153.6bHK$315.7bHK$10.4b9x14.7x0.5x
Mon, 29 Sep 2025HK$156.0bHK$318.5bHK$10.4b8.1x15x0.5x
Wed, 27 Aug 2025HK$167.3bHK$325.4bHK$8.6b9x19.5x0.5x
Fri, 25 Jul 2025HK$156.5bHK$329.1bHK$8.9b9.8x17.5x0.5x
Sun, 22 Jun 2025HK$140.0bHK$328.0bHK$8.8b9.1x16x0.4x
Tue, 20 May 2025HK$131.9bHK$324.7bHK$8.6b9.3x15.3x0.4x
Thu, 17 Apr 2025HK$126.6bHK$320.2bHK$8.6b8.9x14.6x0.4x
Sat, 15 Mar 2025HK$135.6bHK$329.9bHK$8.5b9.3x15.9x0.4x
Mon, 10 Feb 2025HK$126.1bHK$328.3bHK$8.5b10x14.8x0.4x
Wed, 08 Jan 2025HK$125.6bHK$326.1bHK$8.5b9.1x14.8x0.4x
Fri, 06 Dec 2024HK$127.3bHK$328.8bHK$8.5b9.2x14.9x0.4x
Sun, 03 Nov 2024HK$127.2bHK$334.5bHK$8.4b9.4x15.2x0.4x
Tue, 01 Oct 2024HK$135.1bHK$341.8bHK$8.8b8.5x15.4x0.4x
Thu, 29 Aug 2024HK$117.6bHK$332.5bHK$9.4b9.8x12.6x0.4x
Sat, 27 Jul 2024HK$120.8bHK$322.6bHK$10.0b9.9x12.1x0.4x
Mon, 24 Jun 2024HK$127.9bHK$322.2bHK$9.9b9.7x12.9x0.4x
Wed, 22 May 2024HK$135.2bHK$321.4bHK$10.1b10.6x13.5x0.4x
Fri, 19 Apr 2024HK$122.6bHK$323.3bHK$10.1b9.2x12.1x0.4x
Sun, 17 Mar 2024HK$115.3bHK$320.5bHK$11.2b5.2x10.3x0.4x
Tue, 13 Feb 2024HK$110.5bHK$315.4bHK$10.9b5.8x10.2x0.4x
Thu, 11 Jan 2024HK$116.3bHK$319.8bHK$11.3b5.8x10.3x0.4x
Sat, 09 Dec 2023HK$114.9bHK$317.5bHK$11.2b5x10.2x0.4x
Mon, 06 Nov 2023HK$116.6bHK$312.0bHK$11.0b5.3x10.6x0.4x
Wed, 04 Oct 2023HK$120.7bHK$298.5bHK$9.0b5.7x13.4x0.4x
Fri, 01 Sep 2023HK$123.7bHK$303.3bHK$10.3b5.6x12x0.4x
Sun, 30 Jul 2023HK$132.8bHK$312.1bHK$13.1b5.1x10.2x0.4x
Tue, 27 Jun 2023HK$120.4bHK$310.2bHK$13.0b4.9x9.3x0.4x
Thu, 25 May 2023HK$136.9bHK$317.3bHK$13.3b5.1x10.3x0.4x
Sat, 22 Apr 2023HK$145.7bHK$329.3bHK$14.0b5.1x10.4x0.4x
Mon, 20 Mar 2023HK$146.7bHK$342.8bHK$15.2b5.3x9.6x0.4x
Price to Earnings Ratio

9.6x


Total Market Cap: HK$146.7bTotal Earnings: HK$15.2bTotal Revenue: HK$342.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Chemicals Industry Price to Earnings3Y Average 13.4x202420252026
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 18.1x which is higher than its 3-year average PE of 13.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 11% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 Market1.72%
Materials-0.28%
Chemicals5.42%
Diversified Chemicals18.51%
Fertilizers and Agricultural Chemicals8.63%
Commodity Chemicals5.31%
Industrial Gases0%0
Specialty Chemicals-2.28%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 28.2x.
    • Analysts are expecting annual earnings growth of 32.4%, 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 4.9x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 101% 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 2.3% 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
1907 China Risun GroupHK$3.6040.1%
+HK$4.4b
31.9%PS0.3x
546 Fufeng GroupHK$9.0310.4%
+HK$2.1b
46.4%PE6.5x
3983 China BlueChemicalHK$3.467.5%
+HK$1.1b
64.8%PE13.7x
297 Sinofert HoldingsHK$1.898.6%
+HK$1.1b
75.0%PE10.5x
2502 Henan Jinyuan Hydrogenated ChemicalsHK$0.6450.6%
+HK$205.5m
77.8%PS0.2x

Latest News