Here's Why China Sanjiang Fine Chemicals (HKG:2198) Is Weighed Down By Its Debt Load
Nov 05
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Hong Kong (HSI) Commodity Chemicals Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies15
- 7D-3.1%
- 3M7.8%
- 1Y4.1%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 3.5%, driven by a pullback from China Risun Group of 11%. On the other hand Yunhong Guixin Group Holdings is actually up 5.6%. In the past year, the industry has gained 5.2%. As for the next few years, earnings are expected to grow by 93% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | HK$48.5b | HK$186.8b | HK$729.7m | 8.1x | 66.5x | 0.3x |
| Mon, 18 Nov 2024 | HK$50.1b | HK$188.7b | HK$709.9m | 8.3x | 70.5x | 0.3x |
| Wed, 16 Oct 2024 | HK$49.5b | HK$193.8b | HK$996.3m | 8x | 49.7x | 0.3x |
| Fri, 13 Sep 2024 | HK$44.1b | HK$194.3b | HK$969.9m | 7.1x | 45.5x | 0.2x |
| Sun, 11 Aug 2024 | HK$47.2b | HK$183.2b | HK$692.8m | 7.5x | 68.2x | 0.3x |
| Tue, 09 Jul 2024 | HK$45.8b | HK$181.0b | HK$546.8m | 7.6x | 83.8x | 0.3x |
| Thu, 06 Jun 2024 | HK$46.9b | HK$178.6b | HK$468.2m | 9.2x | 100.1x | 0.3x |
| Sat, 04 May 2024 | HK$48.7b | HK$178.8b | HK$428.9m | 8.7x | 113.5x | 0.3x |
| Mon, 01 Apr 2024 | HK$46.4b | HK$180.2b | HK$160.6m | 9.5x | 289x | 0.3x |
| Wed, 28 Feb 2024 | HK$46.0b | HK$173.1b | -HK$285,177,795.37 | 6.6x | -161.3x | 0.3x |
| Fri, 26 Jan 2024 | HK$47.0b | HK$173.6b | -HK$289,631,488.00 | 6.3x | -162.2x | 0.3x |
| Sun, 24 Dec 2023 | HK$47.7b | HK$174.6b | -HK$285,631,658.00 | 6.5x | -167.1x | 0.3x |
| Tue, 21 Nov 2023 | HK$48.6b | HK$170.8b | -HK$390,451,777.00 | 6.1x | -124.4x | 0.3x |
| Thu, 19 Oct 2023 | HK$47.8b | HK$154.4b | -HK$2,345,616,069.00 | 6.6x | -20.4x | 0.3x |
| Sat, 16 Sep 2023 | HK$50.3b | HK$155.4b | -HK$2,350,838,164.00 | 7x | -21.4x | 0.3x |
| Mon, 14 Aug 2023 | HK$52.3b | HK$155.2b | -HK$1,282,618,544.00 | 6.7x | -40.8x | 0.3x |
| Wed, 12 Jul 2023 | HK$53.1b | HK$157.4b | -HK$507,540,624.00 | 5.7x | -104.6x | 0.3x |
| Fri, 09 Jun 2023 | HK$55.0b | HK$159.0b | -HK$527,419,507.00 | 6.1x | -104.2x | 0.3x |
| Sun, 07 May 2023 | HK$59.1b | HK$163.5b | -HK$570,314,128.00 | 5.9x | -103.6x | 0.4x |
| Tue, 04 Apr 2023 | HK$58.9b | HK$168.5b | -HK$185,193,165.00 | 5.2x | -318x | 0.3x |
| Thu, 02 Mar 2023 | HK$59.8b | HK$186.1b | HK$2.8b | 5.7x | 21.6x | 0.3x |
| Sat, 28 Jan 2023 | HK$61.1b | HK$187.9b | HK$2.8b | 4.7x | 21.5x | 0.3x |
| Mon, 26 Dec 2022 | HK$54.5b | HK$182.7b | HK$2.8b | 4.2x | 19.3x | 0.3x |
| Wed, 23 Nov 2022 | HK$53.3b | HK$178.6b | HK$2.8b | 5.2x | 19.3x | 0.3x |
| Fri, 21 Oct 2022 | HK$53.8b | HK$192.2b | HK$5.3b | 5.7x | 10.2x | 0.3x |
| Sun, 18 Sep 2022 | HK$48.7b | HK$198.0b | HK$5.4b | 6.1x | 9x | 0.2x |
| Tue, 16 Aug 2022 | HK$58.4b | HK$196.2b | HK$7.0b | 5.3x | 8.4x | 0.3x |
| Thu, 14 Jul 2022 | HK$58.1b | HK$196.0b | HK$6.7b | 5.3x | 8.7x | 0.3x |
| Sat, 11 Jun 2022 | HK$63.8b | HK$196.8b | HK$6.7b | 5.6x | 9.5x | 0.3x |
| Mon, 09 May 2022 | HK$61.1b | HK$197.4b | HK$6.7b | 5.6x | 9.1x | 0.3x |
| Wed, 06 Apr 2022 | HK$70.7b | HK$198.3b | HK$8.1b | 6x | 8.7x | 0.4x |
| Fri, 04 Mar 2022 | HK$78.6b | HK$173.9b | HK$10.9b | 6x | 7.2x | 0.5x |
| Sun, 30 Jan 2022 | HK$73.7b | HK$172.5b | HK$10.8b | 5.6x | 6.8x | 0.4x |
| Tue, 28 Dec 2021 | HK$79.8b | HK$172.5b | HK$10.8b | 5.7x | 7.4x | 0.5x |
Price to Earnings Ratio
7.4x
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 67.2x which is higher than its 3-year average PE of -3.6x.
- The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 59% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.7% 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 | -0.53% | |
| Materials | -4.46% | |
| Chemicals | -1.99% | |
| Commodity Chemicals | -3.08% | |
| Diversified Chemicals | 0.42% | |
| Specialty Chemicals | -0.44% | |
| Industrial Gases | -1.04% | |
| Fertilizers and Agricultural Chemicals | -2.98% | |
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 | |
|---|---|---|---|---|---|
| 8349 Yunhong Guixin Group Holdings | HK$1.32 | 5.6% +HK$28.0m | n/a | PS13x | |
| 2881 Wuhan Youji Holdings | HK$5.48 | 5.6% +HK$27.1m | n/a | PE6.3x | |
| 2198 China Sanjiang Fine Chemicals | HK$1.69 | 1.2% +HK$23.8m | 45.7% | PE8.6x | |
| 640 Infinity Development Holdings | HK$0.98 | 2.1% +HK$11.3m | 55.6% | PE5.5x | |
| 2502 Henan Jinyuan Hydrogenated Chemicals | HK$0.49 | 1.0% +HK$4.8m | -45.0% | PE13x |
