Capital Allocation Trends At Yusei Holdings (HKG:96) Aren't Ideal
Apr 17
Hong Kong (HSI) Commodity Chemicals Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies14
- 7D-2.3%
- 3M1.5%
- 1Y-24.3%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 2.9%, driven by Sinopec Shanghai Petrochemical declining 3.7%. However, the industry is down 26% over the past year. Earnings are forecast to grow by 67% annually.
Industry Valuation and Performance
Has the Hong Kong Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | HK$47.5b | HK$179.9b | HK$161.2m | 8.6x | 294.4x | 0.3x |
| Sun, 17 Mar 2024 | HK$46.7b | HK$177.6b | -HK$209,611,897.94 | 6.8x | -222.6x | 0.3x |
| Tue, 13 Feb 2024 | HK$46.2b | HK$173.1b | -HK$285,255,528.83 | 6.2x | -161.8x | 0.3x |
| Thu, 11 Jan 2024 | HK$48.3b | HK$173.7b | -HK$290,072,964.00 | 6.4x | -166.4x | 0.3x |
| Sat, 09 Dec 2023 | HK$48.6b | HK$171.5b | -HK$394,083,006.00 | 8.6x | -123.3x | 0.3x |
| Mon, 06 Nov 2023 | HK$48.1b | HK$168.5b | -HK$383,514,004.00 | 6.3x | -125.4x | 0.3x |
| Wed, 04 Oct 2023 | HK$49.5b | HK$154.7b | -HK$2,383,482,654.00 | 6.6x | -20.8x | 0.3x |
| Fri, 01 Sep 2023 | HK$49.9b | HK$155.8b | -HK$2,448,329,968.00 | 6.7x | -20.4x | 0.3x |
| Sun, 30 Jul 2023 | HK$53.5b | HK$157.8b | -HK$512,507,497.00 | 5.7x | -104.3x | 0.3x |
| Tue, 27 Jun 2023 | HK$51.8b | HK$156.9b | -HK$501,041,345.00 | 5.4x | -103.3x | 0.3x |
| Thu, 25 May 2023 | HK$54.9b | HK$160.2b | -HK$530,658,724.00 | 5.5x | -103.5x | 0.3x |
| Sat, 22 Apr 2023 | HK$60.5b | HK$168.6b | -HK$146,944,460.00 | 6.4x | -411.5x | 0.4x |
| Mon, 20 Mar 2023 | HK$60.0b | HK$185.2b | HK$2.3b | 5.4x | 25.7x | 0.3x |
| Wed, 15 Feb 2023 | HK$60.5b | HK$187.5b | HK$2.8b | 4.9x | 21.3x | 0.3x |
| Fri, 13 Jan 2023 | HK$57.6b | HK$188.3b | HK$2.8b | 4.5x | 20.2x | 0.3x |
| Sun, 11 Dec 2022 | HK$56.6b | HK$182.8b | HK$2.8b | 5.3x | 20.3x | 0.3x |
| Tue, 08 Nov 2022 | HK$53.3b | HK$179.2b | HK$2.8b | 5.2x | 19.3x | 0.3x |
| Thu, 06 Oct 2022 | HK$52.7b | HK$194.8b | HK$5.3b | 5.7x | 9.9x | 0.3x |
| Sat, 03 Sep 2022 | HK$55.9b | HK$200.0b | HK$5.4b | 5.7x | 10.3x | 0.3x |
| Mon, 01 Aug 2022 | HK$57.0b | HK$195.5b | HK$6.7b | 5.1x | 8.6x | 0.3x |
| Wed, 29 Jun 2022 | HK$61.0b | HK$196.7b | HK$6.7b | 5.3x | 9.1x | 0.3x |
| Fri, 27 May 2022 | HK$61.7b | HK$197.7b | HK$6.7b | 5.4x | 9.2x | 0.3x |
| Sun, 24 Apr 2022 | HK$65.0b | HK$194.9b | HK$8.0b | 5.7x | 8.1x | 0.3x |
| Tue, 22 Mar 2022 | HK$70.3b | HK$174.4b | HK$11.2b | 4.7x | 6.3x | 0.4x |
| Thu, 17 Feb 2022 | HK$77.3b | HK$173.3b | HK$10.9b | 5.8x | 7.1x | 0.4x |
| Sat, 15 Jan 2022 | HK$80.1b | HK$172.6b | HK$10.8b | 6.3x | 7.4x | 0.5x |
| Mon, 13 Dec 2021 | HK$80.6b | HK$172.5b | HK$10.8b | 5.6x | 7.4x | 0.5x |
| Wed, 10 Nov 2021 | HK$74.6b | HK$171.5b | HK$10.8b | 5.7x | 6.9x | 0.4x |
| Fri, 08 Oct 2021 | HK$84.6b | HK$163.9b | HK$11.1b | 6x | 7.6x | 0.5x |
| Sun, 05 Sep 2021 | HK$80.1b | HK$162.7b | HK$11.0b | 6.8x | 7.3x | 0.5x |
| Tue, 03 Aug 2021 | HK$70.9b | HK$162.7b | HK$11.0b | 6.2x | 6.4x | 0.4x |
| Fri, 07 May 2021 | HK$73.3b | HK$153.0b | HK$9.1b | 7.4x | 8.1x | 0.5x |
Price to Earnings Ratio
8.1x
Current Industry PE
- Investors are optimistic on the Hong Kong Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 293x which is higher than its 3-year average PE of -20.6x.
- The industry is trading close to its 3-year average PS ratio of 0.36x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 74% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.6% 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 Comparison
How does Hong Kong Commodity Chemicals compare with similar industries?
| HK Market | -1.99% | |
| Materials | -0.85% | |
| Chemicals | 1.75% | |
| Commodity Chemicals | -2.29% | |
| Specialty Chemicals | 5.78% | |
| Diversified Chemicals | 4.57% | |
| Fertilizers and Agricultural Chemicals | 3.15% | |
| Industrial Gases | -1.00% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2198 China Sanjiang Fine Chemicals | HK$1.94 | 2.1% +HK$47.6m | 5.4% | PE23.3x | |
| 96 Yusei Holdings | HK$0.52 | 15.6% +HK$44.6m | -1.9% | PE5.5x | |
| 746 Lee & Man Chemical | HK$3.17 | 0.6% +HK$16.5m | -37.6% | PE6.5x | |
| 8073 China Singyes New Materials Holdings | HK$0.078 | 11.4% +HK$4.2m | -66.1% | PS0.4x | |
| 2182 Tian Chang Group Holdings | HK$0.47 | 1.1% +HK$3.1m | 0% | PE12.3x |
