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Hong Kong (HSI) Chemicals Industry Analysis
UpdatedDec 29, 2025
DataAggregated Company Financials
Companies38
- 7D1.2%
- 3M2.9%
- 1Y32.7%
- YTD31.8%
Over the last 7 days, the Chemicals industry has risen 1.2%, driven by gains from Global New Material International Holdings of 10%. This means that the industry has gained 33% over the past year. As for the next few years, earnings are expected to grow by 44% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 30 Dec 2025 | HK$166.0b | HK$320.7b | HK$10.6b | 8.6x | 15.7x | 0.5x |
| Thu, 27 Nov 2025 | HK$157.9b | HK$317.5b | HK$10.5b | 9.3x | 15.1x | 0.5x |
| Sat, 25 Oct 2025 | HK$156.2b | HK$315.3b | HK$10.4b | 9x | 15x | 0.5x |
| Mon, 22 Sep 2025 | HK$161.4b | HK$319.2b | HK$10.4b | 8.1x | 15.5x | 0.5x |
| Wed, 20 Aug 2025 | HK$160.7b | HK$326.7b | HK$8.9b | 9.3x | 18x | 0.5x |
| Fri, 18 Jul 2025 | HK$152.9b | HK$328.6b | HK$8.7b | 9.9x | 17.5x | 0.5x |
| Sun, 15 Jun 2025 | HK$142.1b | HK$327.9b | HK$8.8b | 9.5x | 16.2x | 0.4x |
| Tue, 13 May 2025 | HK$131.1b | HK$323.6b | HK$8.6b | 9.3x | 15.2x | 0.4x |
| Thu, 10 Apr 2025 | HK$125.3b | HK$318.3b | HK$8.6b | 8.7x | 14.6x | 0.4x |
| Sat, 08 Mar 2025 | HK$131.7b | HK$329.8b | HK$8.5b | 9.7x | 15.4x | 0.4x |
| Mon, 03 Feb 2025 | HK$127.1b | HK$330.0b | HK$8.6b | 9.7x | 14.8x | 0.4x |
| Wed, 01 Jan 2025 | HK$128.6b | HK$326.7b | HK$8.5b | 9.4x | 15.1x | 0.4x |
| Fri, 29 Nov 2024 | HK$125.6b | HK$329.0b | HK$8.2b | 9.4x | 15.2x | 0.4x |
| Sun, 27 Oct 2024 | HK$127.8b | HK$334.2b | HK$8.4b | 9.2x | 15.3x | 0.4x |
| Tue, 24 Sep 2024 | HK$116.9b | HK$340.9b | HK$8.8b | 8.9x | 13.4x | 0.3x |
| Thu, 22 Aug 2024 | HK$117.7b | HK$327.2b | HK$9.1b | 9.5x | 13x | 0.4x |
| Sat, 20 Jul 2024 | HK$123.1b | HK$322.0b | HK$9.9b | 10.2x | 12.4x | 0.4x |
| Mon, 17 Jun 2024 | HK$129.4b | HK$320.8b | HK$10.1b | 9.7x | 12.9x | 0.4x |
| Wed, 15 May 2024 | HK$135.4b | HK$321.7b | HK$10.1b | 10.4x | 13.4x | 0.4x |
| Fri, 12 Apr 2024 | HK$119.9b | HK$323.5b | HK$10.1b | 9x | 11.8x | 0.4x |
| Sun, 10 Mar 2024 | HK$114.4b | HK$315.8b | HK$11.2b | 5.2x | 10.2x | 0.4x |
| Tue, 06 Feb 2024 | HK$104.5b | HK$318.7b | HK$11.0b | 5.7x | 9.5x | 0.3x |
| Thu, 04 Jan 2024 | HK$118.2b | HK$320.3b | HK$11.3b | 5.7x | 10.4x | 0.4x |
| Sat, 02 Dec 2023 | HK$115.4b | HK$318.4b | HK$11.3b | 5.1x | 10.3x | 0.4x |
| Mon, 30 Oct 2023 | HK$115.6b | HK$311.4b | HK$11.0b | 5.3x | 10.5x | 0.4x |
| Wed, 27 Sep 2023 | HK$118.4b | HK$298.1b | HK$9.0b | 5.7x | 13.1x | 0.4x |
| Fri, 25 Aug 2023 | HK$123.8b | HK$308.9b | HK$12.3b | 5.7x | 10x | 0.4x |
| Sun, 23 Jul 2023 | HK$131.5b | HK$311.4b | HK$13.0b | 5.1x | 10.1x | 0.4x |
| Tue, 20 Jun 2023 | HK$126.4b | HK$312.5b | HK$13.1b | 5x | 9.7x | 0.4x |
| Thu, 18 May 2023 | HK$142.6b | HK$319.5b | HK$13.4b | 5.1x | 10.6x | 0.4x |
| Sat, 15 Apr 2023 | HK$146.9b | HK$331.1b | HK$14.1b | 5x | 10.4x | 0.4x |
| Mon, 13 Mar 2023 | HK$148.2b | HK$341.8b | HK$15.2b | 5.4x | 9.8x | 0.4x |
| Wed, 08 Feb 2023 | HK$156.1b | HK$347.7b | HK$16.0b | 5.4x | 9.8x | 0.4x |
| Fri, 06 Jan 2023 | HK$147.7b | HK$342.6b | HK$15.7b | 5.1x | 9.4x | 0.4x |
Price to Earnings Ratio
9.4x
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 15.7x which is higher than its 3-year average PE of 12.9x.
- 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 12% per year over the last three years,
- Revenues have also declined 2.2% 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 | -0.12% | |
| Materials | 0.78% | |
| Chemicals | 1.22% | |
| Fertilizers and Agricultural Chemicals | 2.70% | |
| Specialty Chemicals | 2.44% | |
| Diversified Chemicals | -0.28% | |
| Commodity Chemicals | -0.58% | |
| Industrial Gases | -1.11% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 25.8x.
- Analysts are expecting annual earnings growth of 33.2%, which is higher than its past year's earnings growth of 15.9% per year.
- Investors are most pessimistic about the Industrial Gases industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.7x.
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 34% 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$10.96 | 10.4% +HK$1.3b | 201.9% | PE62x | |
| 1866 China XLX Fertiliser | HK$9.02 | 7.4% +HK$902.1m | 123.8% | PE8.6x | |
| 189 Dongyue Group | HK$10.43 | 2.0% +HK$346.5m | 30.5% | PE12.7x | |
| 9879 Migao Group Holdings | HK$7.74 | 3.9% +HK$263.6m | 19.4% | PE19.7x | |
| 1702 Dongguang Chemical | HK$1.80 | 26.8% +HK$236.0m | -9.1% | PE15.1x |
