Here's Why We Think Changhae Ethanol (KOSDAQ:004650) Might Deserve Your Attention Today
Apr 09
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- 7D5.8%
- 3M15.5%
- 1Y54.3%
- YTD20.5%
In the last week, the Chemicals industry is up 5.8%, with LG Chem up 5.6%. During this same period, the OCI Holdings underperformed, falling 5.9%. This takes the industry's 12 month performance to a gain of 54%. Looking forward, earnings are forecast to grow by 69% annually.
Industry Valuation and Performance
Has the South Korean Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Apr 2026 | ₩102.8t | ₩168.5t | -₩3,083,230,285,300.00 | 15.4x | -33.3x | 0.6x |
| Fri, 13 Mar 2026 | ₩101.2t | ₩171.2t | -₩2,762,525,308,374.00 | 13.5x | -36.6x | 0.6x |
| Sun, 08 Feb 2026 | ₩97.5t | ₩171.3t | -₩1,051,573,023,674.00 | 12.7x | -92.7x | 0.6x |
| Tue, 06 Jan 2026 | ₩86.4t | ₩172.6t | -₩1,780,086,023,674.00 | 11.6x | -48.5x | 0.5x |
| Thu, 04 Dec 2025 | ₩91.8t | ₩172.6t | -₩1,778,060,724,534.00 | 11.8x | -51.6x | 0.5x |
| Sat, 01 Nov 2025 | ₩94.0t | ₩173.2t | -₩3,319,387,692,376.00 | 13.4x | -28.3x | 0.5x |
| Mon, 29 Sep 2025 | ₩80.0t | ₩173.2t | -₩3,313,213,328,056.00 | 13.5x | -24.1x | 0.5x |
| Wed, 27 Aug 2025 | ₩79.8t | ₩173.2t | -₩2,939,879,520,768.00 | 12.7x | -27.2x | 0.5x |
| Fri, 25 Jul 2025 | ₩83.7t | ₩174.9t | -₩3,035,850,968,378.00 | 12.1x | -27.6x | 0.5x |
| Sun, 22 Jun 2025 | ₩73.6t | ₩180.6t | -₩2,860,580,132,628.00 | 11.7x | -25.7x | 0.4x |
| Tue, 20 May 2025 | ₩70.2t | ₩178.2t | -₩2,630,349,115,510.00 | 10.9x | -26.7x | 0.4x |
| Thu, 17 Apr 2025 | ₩66.9t | ₩178.2t | -₩2,603,983,752,744.00 | 10.4x | -25.7x | 0.4x |
| Sat, 15 Mar 2025 | ₩73.4t | ₩177.1t | -₩1,771,238,185,571.00 | 11.3x | -41.5x | 0.4x |
| Mon, 10 Feb 2025 | ₩69.9t | ₩176.5t | -₩442,072,733,421.00 | 10.5x | -158.1x | 0.4x |
| Wed, 08 Jan 2025 | ₩71.4t | ₩176.5t | -₩444,188,434,371.00 | 10.5x | -160.8x | 0.4x |
| Fri, 06 Dec 2024 | ₩69.8t | ₩176.5t | -₩374,908,509,950.00 | 9.6x | -186.1x | 0.4x |
| Sun, 03 Nov 2024 | ₩85.7t | ₩175.9t | ₩1.3t | 10.7x | 66.3x | 0.5x |
| Tue, 01 Oct 2024 | ₩94.3t | ₩175.9t | ₩1.3t | 11.6x | 73.4x | 0.5x |
| Thu, 29 Aug 2024 | ₩88.4t | ₩175.9t | ₩1.3t | 11.6x | 68.7x | 0.5x |
| Sat, 27 Jul 2024 | ₩92.0t | ₩176.7t | ₩2.2t | 13x | 41.5x | 0.5x |
| Mon, 24 Jun 2024 | ₩105.7t | ₩176.9t | ₩2.2t | 14x | 47.7x | 0.6x |
| Wed, 22 May 2024 | ₩107.5t | ₩175.8t | ₩3.0t | 16.1x | 35.7x | 0.6x |
| Fri, 19 Apr 2024 | ₩102.8t | ₩178.4t | ₩3.4t | 13.9x | 30x | 0.6x |
| Sun, 17 Mar 2024 | ₩110.1t | ₩180.2t | ₩3.9t | 15.8x | 28x | 0.6x |
| Tue, 13 Feb 2024 | ₩108.1t | ₩184.9t | ₩4.1t | 16.3x | 26.1x | 0.6x |
| Thu, 11 Jan 2024 | ₩117.7t | ₩195.0t | ₩4.4t | 16.4x | 27x | 0.6x |
| Sat, 09 Dec 2023 | ₩136.2t | ₩203.4t | ₩4.5t | 16.3x | 30.3x | 0.7x |
| Mon, 06 Nov 2023 | ₩127.5t | ₩205.9t | ₩4.9t | 13.7x | 26.1x | 0.6x |
| Wed, 04 Oct 2023 | ₩138.8t | ₩205.8t | ₩4.9t | 13.9x | 28.4x | 0.7x |
| Fri, 01 Sep 2023 | ₩160.8t | ₩206.9t | ₩5.2t | 13.2x | 31.1x | 0.8x |
| Sun, 30 Jul 2023 | ₩165.4t | ₩206.7t | ₩6.5t | 14.8x | 25.5x | 0.8x |
| Tue, 27 Jun 2023 | ₩160.8t | ₩206.7t | ₩6.5t | 15.2x | 24.7x | 0.8x |
| Thu, 25 May 2023 | ₩153.7t | ₩206.4t | ₩6.5t | 14.9x | 23.5x | 0.7x |
| Sat, 22 Apr 2023 | ₩160.4t | ₩198.2t | ₩7.1t | 14.5x | 22.6x | 0.8x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are relatively neutral on the South Korean Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 5.3% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the South Korean Materials industry?
| KR Market | 6.33% | |
| Materials | 6.31% | |
| Chemicals | 5.81% | |
| Fertilizers and Agricultural Chemicals | 7.01% | |
| Commodity Chemicals | 6.65% | |
| Specialty Chemicals | 6.03% | |
| Industrial Gases | 2.51% | |
| Diversified Chemicals | -0.16% | |
Industry PE
- Investors are most optimistic about the Specialty Chemicals industry which is trading above its 3-year average PE ratio of 25.5x.
- Analysts are expecting annual earnings growth of 39.2%, which is higher than its past year's earnings decline of 11.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 86% over the next 5 years.
- This is better than its past earnings decline of 6.2% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 2.3% 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 | |
|---|---|---|---|---|---|
| A051910 LG Chem | ₩341.50k | 5.6% +₩1.4t | 51.8% | PS0.6x | |
| A009830 Hanwha Solutions | ₩42.15k | 13.5% +₩859.5b | 109.7% | PS0.5x | |
| A002380 KCC | ₩542.00k | 17.6% +₩595.7b | 123.0% | PE2.6x | |
| A298020 Hyosung TNC | ₩496.00k | 27.3% +₩457.1b | 134.5% | PE196.8x | |
| A120110 Kolon Industries | ₩91.00k | 17.6% +₩411.8b | 217.1% | PE385.9x |
