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Hong Kong (HSI) Chemicals Industry Analysis

UpdatedJul 14, 2025
DataAggregated Company Financials
Companies39
  • 7D0.5%
  • 3M14.4%
  • 1Y13.9%
  • YTD12.3%

Over the last 7 days, the Chemicals industry has remained flat, although notably Migao Group Holdings gained 11%. The past year has been better, since the industry has gained 14% in that time. As for the next few years, earnings are expected to grow by 38% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 14 Jul 2025HK$143.2bHK$328.5bHK$8.9b9.6x16.1x0.4x
Wed, 11 Jun 2025HK$139.9bHK$327.7bHK$8.8b9.7x16x0.4x
Fri, 09 May 2025HK$130.9bHK$321.7bHK$8.5b9.1x15.3x0.4x
Sun, 06 Apr 2025HK$134.7bHK$321.7bHK$8.7b9.2x15.5x0.4x
Tue, 04 Mar 2025HK$127.5bHK$327.6bHK$8.5b9.6x15x0.4x
Thu, 30 Jan 2025HK$127.1bHK$330.1bHK$8.6b9.7x14.8x0.4x
Sat, 28 Dec 2024HK$128.3bHK$326.6bHK$8.5b9.3x15.1x0.4x
Mon, 25 Nov 2024HK$123.2bHK$329.2bHK$8.3b9.2x14.9x0.4x
Wed, 23 Oct 2024HK$130.8bHK$337.0bHK$8.7b10.1x15.1x0.4x
Fri, 20 Sep 2024HK$115.8bHK$340.3bHK$8.7b8.8x13.3x0.3x
Sun, 18 Aug 2024HK$117.6bHK$325.9bHK$10.2b9.4x11.6x0.4x
Tue, 16 Jul 2024HK$125.2bHK$322.2bHK$9.9b10.3x12.6x0.4x
Thu, 13 Jun 2024HK$127.5bHK$320.9bHK$10.1b10x12.7x0.4x
Sat, 11 May 2024HK$135.5bHK$322.1bHK$10.1b10.2x13.5x0.4x
Mon, 08 Apr 2024HK$116.6bHK$323.4bHK$10.1b8.4x11.5x0.4x
Wed, 06 Mar 2024HK$114.8bHK$315.3bHK$10.9b5.6x10.6x0.4x
Fri, 02 Feb 2024HK$109.3bHK$319.3bHK$11.3b5.8x9.7x0.3x
Sun, 31 Dec 2023HK$117.6bHK$322.4bHK$11.4b5.7x10.3x0.4x
Tue, 28 Nov 2023HK$116.3bHK$317.0bHK$11.2b5.1x10.4x0.4x
Thu, 26 Oct 2023HK$114.8bHK$297.6bHK$9.0b5.3x12.7x0.4x
Sat, 23 Sep 2023HK$120.8bHK$298.2bHK$9.1b5.7x13.3x0.4x
Mon, 21 Aug 2023HK$123.1bHK$306.5bHK$11.7b5.7x10.5x0.4x
Wed, 19 Jul 2023HK$130.6bHK$311.7bHK$13.0b5.2x10x0.4x
Fri, 16 Jun 2023HK$127.5bHK$312.3bHK$13.1b5.1x9.8x0.4x
Sun, 14 May 2023HK$141.7bHK$321.7bHK$13.5b5.2x10.5x0.4x
Tue, 11 Apr 2023HK$142.9bHK$330.0bHK$14.1b5x10.2x0.4x
Thu, 09 Mar 2023HK$152.8bHK$339.5bHK$15.1b5.6x10.1x0.4x
Sat, 04 Feb 2023HK$159.2bHK$350.1bHK$16.1b5.5x9.9x0.5x
Mon, 02 Jan 2023HK$143.2bHK$341.3bHK$15.6b5x9.2x0.4x
Wed, 30 Nov 2022HK$140.8bHK$328.4bHK$15.0b5.2x9.4x0.4x
Fri, 28 Oct 2022HK$132.3bHK$331.0bHK$15.1b4.6x8.7x0.4x
Sun, 25 Sep 2022HK$140.1bHK$347.0bHK$17.7b5.2x7.9x0.4x
Tue, 23 Aug 2022HK$149.7bHK$337.5bHK$17.1b5.7x8.7x0.4x
Thu, 21 Jul 2022HK$163.7bHK$335.0bHK$16.8b6.4x9.8x0.5x
Price to Earnings Ratio

9.8x


Total Market Cap: HK$163.7bTotal Earnings: HK$16.8bTotal Revenue: HK$335.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Chemicals Industry Price to Earnings3Y Average 11.8x202320242025
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 16.1x which is higher than its 3-year average PE of 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
  • The earnings for companies in the Chemicals industry have declined 19% 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 Market1.04%
Materials-1.73%
Chemicals0.46%
Industrial Gases3.23%
Fertilizers and Agricultural Chemicals2.05%
Commodity Chemicals1.70%
Specialty Chemicals-1.20%
Diversified Chemicals-2.02%
Industry PE
  • Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings growth of 32.1%, which is higher than its past year's earnings decline of 40.1% per year.
  • Investors are most pessimistic about the Industrial Gases industry, which is trading below its 3-year average of 5.1x.
Forecasted Growth
  • Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 61% over the next 5 years.
  • This is better than its past earnings growth rate of 20% per year.
  • In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 10% 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
9879 Migao Group HoldingsHK$5.3711.2%
+HK$490.8m
-14.5%PE14.5x
297 Sinofert HoldingsHK$1.374.6%
+HK$421.5m
23.4%PE8.3x
1907 China Risun GroupHK$2.592.8%
+HK$290.9m
-13.7%PE503.2x
8189 Tianjin TEDA Biomedical EngineeringHK$0.5025.0%
+HK$213.4m
604.2%PS2.5x
338 Sinopec Shanghai PetrochemicalHK$1.331.5%
+HK$210.9m
15.7%PE89.8x

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