Yip's Chemical Holdings' (HKG:408) Solid Earnings May Rest On Weak Foundations
Apr 02
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- 7D3.8%
- 3M3.6%
- 1Y26.4%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has risen 3.8%, driven by gains from China Risun Group of 9.3%. In the last 12 months, the industry was up 26%. Earnings are forecast to grow by 73% 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 |
|---|---|---|---|---|---|---|
| Sun, 12 Apr 2026 | HK$59.0b | HK$171.9b | -HK$125,823,865.14 | 9.3x | -469.1x | 0.3x |
| Tue, 10 Mar 2026 | HK$61.3b | HK$180.7b | HK$1.5b | 8.1x | 39.6x | 0.3x |
| Thu, 05 Feb 2026 | HK$57.4b | HK$180.0b | HK$1.5b | 7.5x | 37.4x | 0.3x |
| Sat, 03 Jan 2026 | HK$49.7b | HK$178.4b | HK$1.5b | 7.1x | 32.5x | 0.3x |
| Mon, 01 Dec 2025 | HK$48.4b | HK$176.2b | HK$1.5b | 7.3x | 32x | 0.3x |
| Wed, 29 Oct 2025 | HK$48.2b | HK$175.3b | HK$1.5b | 6.8x | 32x | 0.3x |
| Fri, 26 Sep 2025 | HK$47.7b | HK$178.2b | HK$1.5b | 6.5x | 32.3x | 0.3x |
| Sun, 24 Aug 2025 | HK$49.9b | HK$183.4b | HK$1.5b | 7.1x | 34x | 0.3x |
| Tue, 22 Jul 2025 | HK$49.6b | HK$186.8b | HK$1.7b | 7.3x | 29x | 0.3x |
| Thu, 19 Jun 2025 | HK$47.8b | HK$186.5b | HK$1.7b | 7x | 28x | 0.3x |
| Sat, 17 May 2025 | HK$47.1b | HK$185.2b | HK$1.7b | 6x | 28x | 0.3x |
| Mon, 14 Apr 2025 | HK$48.7b | HK$183.9b | HK$1.8b | 6.1x | 26.4x | 0.3x |
| Wed, 12 Mar 2025 | HK$51.9b | HK$188.3b | HK$687.5m | 7.4x | 75.5x | 0.3x |
| Fri, 07 Feb 2025 | HK$48.7b | HK$187.3b | HK$729.7m | 7.9x | 66.7x | 0.3x |
| Sun, 05 Jan 2025 | HK$47.1b | HK$186.4b | HK$729.7m | 8.1x | 64.6x | 0.3x |
| Tue, 03 Dec 2024 | HK$50.9b | HK$187.5b | HK$709.8m | 8.1x | 71.7x | 0.3x |
| Thu, 31 Oct 2024 | HK$50.4b | HK$191.0b | HK$710.1m | 8.5x | 71x | 0.3x |
| Sat, 28 Sep 2024 | HK$48.5b | HK$196.6b | HK$982.7m | 7.3x | 49.4x | 0.2x |
| Mon, 26 Aug 2024 | HK$44.3b | HK$184.6b | HK$713.5m | 8x | 62.2x | 0.2x |
| Wed, 24 Jul 2024 | HK$46.0b | HK$180.8b | HK$546.8m | 7.8x | 84.2x | 0.3x |
| Fri, 21 Jun 2024 | HK$46.7b | HK$181.1b | HK$546.8m | 8.1x | 85.4x | 0.3x |
| Sun, 19 May 2024 | HK$49.0b | HK$179.1b | HK$454.5m | 9.2x | 107.9x | 0.3x |
| Tue, 16 Apr 2024 | HK$48.1b | HK$179.8b | HK$161.4m | 8.8x | 298.2x | 0.3x |
| Thu, 14 Mar 2024 | HK$46.3b | HK$172.6b | -HK$239,312,156.81 | 6.7x | -193.4x | 0.3x |
| Sat, 10 Feb 2024 | HK$46.2b | HK$173.0b | -HK$284,347,149.73 | 6.2x | -162.5x | 0.3x |
| Mon, 08 Jan 2024 | HK$49.0b | HK$174.2b | -HK$292,563,026.00 | 6.6x | -167.4x | 0.3x |
| Wed, 06 Dec 2023 | HK$47.9b | HK$172.0b | -HK$397,187,910.00 | 6x | -120.7x | 0.3x |
| Fri, 03 Nov 2023 | HK$48.1b | HK$168.3b | -HK$382,199,387.00 | 6.4x | -125.8x | 0.3x |
| Sun, 01 Oct 2023 | HK$49.5b | HK$154.7b | -HK$2,382,854,427.00 | 6.6x | -20.8x | 0.3x |
| Tue, 29 Aug 2023 | HK$50.4b | HK$155.8b | -HK$2,421,317,711.00 | 6.7x | -20.8x | 0.3x |
| Thu, 27 Jul 2023 | HK$53.3b | HK$157.9b | -HK$514,172,224.00 | 5.7x | -103.7x | 0.3x |
| Sat, 24 Jun 2023 | HK$51.8b | HK$157.8b | -HK$512,916,391.00 | 5.4x | -101x | 0.3x |
| Mon, 22 May 2023 | HK$55.9b | HK$160.7b | -HK$536,858,329.00 | 5.7x | -104.1x | 0.3x |
| Wed, 19 Apr 2023 | HK$61.7b | HK$168.9b | -HK$149,787,127.00 | 5.8x | -412.1x | 0.4x |
Price to Earnings Ratio
-412.1x
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 close to its 3-year average PS ratio of 0.28x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have improved over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since losses are shrinking while sales have been flat.
Industry Comparison
How does Hong Kong Commodity Chemicals compare with similar industries?
| HK Market | 2.27% | |
| Materials | 4.19% | |
| Chemicals | 2.26% | |
| Commodity Chemicals | 3.83% | |
| Specialty Chemicals | 3.63% | |
| Diversified Chemicals | 3.14% | |
| Fertilizers and Agricultural Chemicals | -0.91% | |
| Industrial Gases | -6.38% | |
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 | |
|---|---|---|---|---|---|
| 1907 China Risun Group | HK$3.41 | 9.3% +HK$1.2b | 32.2% | PE219.1x | |
| 2198 China Sanjiang Fine Chemicals | HK$5.74 | 11.9% +HK$724.1m | 280.1% | PE14.6x | |
| 338 Sinopec Shanghai Petrochemical | HK$1.26 | 0.8% +HK$105.4m | 7.7% | PS0.2x | |
| 408 Yip's Chemical Holdings | HK$2.30 | 2.7% +HK$33.5m | 58.6% | PE9.3x | |
| 2116 Jiangsu Innovative Ecological New Materials | HK$0.73 | 2.8% +HK$9.6m | 50.5% | PE19.5x |