Yusei Holdings Limited's (HKG:96) Share Price Boosted 64% But Its Business Prospects Need A Lift Too
May 13
Hong Kong (HSI) Chemicals Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies39
- 7D0.7%
- 3M21.4%
- 1Y-1.9%
- YTD17.2%
The Chemicals is pretty flat in the last 7 days, but Dongyue Group has stood out, gaining 4.3%. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 38% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | HK$136.3b | HK$321.9b | HK$10.1b | 10.6x | 13.5x | 0.4x |
| Tue, 16 Apr 2024 | HK$119.6b | HK$323.2b | HK$10.1b | 8.5x | 11.8x | 0.4x |
| Thu, 14 Mar 2024 | HK$113.2b | HK$315.6b | HK$11.2b | 5.1x | 10.1x | 0.4x |
| Sat, 10 Feb 2024 | HK$110.8b | HK$315.4b | HK$10.9b | 5.8x | 10.2x | 0.4x |
| Mon, 08 Jan 2024 | HK$118.5b | HK$320.7b | HK$11.4b | 5.8x | 10.4x | 0.4x |
| Wed, 06 Dec 2023 | HK$114.0b | HK$318.5b | HK$11.3b | 5.1x | 10.1x | 0.4x |
| Fri, 03 Nov 2023 | HK$115.9b | HK$311.6b | HK$11.0b | 5.3x | 10.5x | 0.4x |
| Sun, 01 Oct 2023 | HK$120.7b | HK$298.4b | HK$9.0b | 5.7x | 13.4x | 0.4x |
| Tue, 29 Aug 2023 | HK$123.8b | HK$305.9b | HK$10.8b | 5.7x | 11.4x | 0.4x |
| Thu, 27 Jul 2023 | HK$132.5b | HK$312.4b | HK$13.1b | 5.1x | 10.1x | 0.4x |
| Sat, 24 Jun 2023 | HK$119.5b | HK$312.1b | HK$13.1b | 4.8x | 9.1x | 0.4x |
| Mon, 22 May 2023 | HK$139.1b | HK$318.3b | HK$13.4b | 5.1x | 10.4x | 0.4x |
| Wed, 19 Apr 2023 | HK$148.3b | HK$329.9b | HK$14.1b | 5.1x | 10.6x | 0.4x |
| Fri, 17 Mar 2023 | HK$144.3b | HK$342.3b | HK$15.2b | 5.3x | 9.5x | 0.4x |
| Sun, 12 Feb 2023 | HK$156.4b | HK$347.0b | HK$15.9b | 5.4x | 9.8x | 0.5x |
| Tue, 10 Jan 2023 | HK$148.7b | HK$346.6b | HK$15.9b | 5x | 9.4x | 0.4x |
| Thu, 08 Dec 2022 | HK$143.5b | HK$335.7b | HK$15.4b | 5.1x | 9.3x | 0.4x |
| Sat, 05 Nov 2022 | HK$134.0b | HK$325.9b | HK$14.9b | 5.2x | 9x | 0.4x |
| Mon, 03 Oct 2022 | HK$133.2b | HK$347.4b | HK$17.7b | 5x | 7.5x | 0.4x |
| Wed, 31 Aug 2022 | HK$149.1b | HK$351.2b | HK$17.0b | 5.6x | 8.7x | 0.4x |
| Fri, 29 Jul 2022 | HK$152.5b | HK$334.1b | HK$16.7b | 6x | 9.1x | 0.5x |
| Sun, 26 Jun 2022 | HK$159.1b | HK$337.4b | HK$16.9b | 5.9x | 9.4x | 0.5x |
| Tue, 24 May 2022 | HK$160.8b | HK$337.2b | HK$16.9b | 6.7x | 9.5x | 0.5x |
| Thu, 21 Apr 2022 | HK$163.8b | HK$344.3b | HK$18.8b | 6.4x | 8.7x | 0.5x |
| Sat, 19 Mar 2022 | HK$162.6b | HK$298.3b | HK$18.8b | 7.1x | 8.7x | 0.5x |
| Mon, 14 Feb 2022 | HK$171.9b | HK$296.1b | HK$18.3b | 7.5x | 9.4x | 0.6x |
| Wed, 12 Jan 2022 | HK$209.9b | HK$295.2b | HK$18.3b | 7.4x | 11.5x | 0.7x |
| Fri, 10 Dec 2021 | HK$225.9b | HK$296.4b | HK$18.4b | 7.4x | 12.3x | 0.8x |
| Sun, 07 Nov 2021 | HK$204.8b | HK$293.7b | HK$18.2b | 7.2x | 11.3x | 0.7x |
| Tue, 05 Oct 2021 | HK$234.9b | HK$285.2b | HK$18.5b | 7.9x | 12.7x | 0.8x |
| Thu, 02 Sep 2021 | HK$251.0b | HK$284.8b | HK$18.5b | 8.4x | 13.6x | 0.9x |
| Sat, 31 Jul 2021 | HK$219.1b | HK$284.8b | HK$18.5b | 8.7x | 11.9x | 0.8x |
Price to Earnings Ratio
12.2x
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 13.5x which is higher than its 3-year average PE of 10.5x.
- The industry is trading close to its 3-year average PS ratio of 0.50x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.4% 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 Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | 2.56% | |
| Materials | 3.14% | |
| Chemicals | 0.71% | |
| Industrial Gases | 6.38% | |
| Fertilizers and Agricultural Chemicals | 2.19% | |
| Specialty Chemicals | 1.57% | |
| Diversified Chemicals | 0.99% | |
| Commodity Chemicals | -1.05% | |
Industry PE
- Investors are most optimistic about the Commodity Chemicals industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 55.2%, which is higher than its past year's earnings decline of 43.7% per year.
- Investors are most pessimistic about the Industrial Gases industry, which is trading below its 3-year average of 20.1x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 44% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 5.4% 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 | |
|---|---|---|---|---|---|
| 189 Dongyue Group | HK$9.18 | 4.3% +HK$658.4m | 20.2% | PE20.8x | |
| 1866 China XLX Fertiliser | HK$4.15 | 7.2% +HK$386.0m | -5.7% | PE4.5x | |
| 297 Sinofert Holdings | HK$1.02 | 4.1% +HK$281.0m | -4.7% | PE10.6x | |
| 1986 Tsaker New Energy Tech | HK$1.01 | 13.5% +HK$119.0m | -24.1% | PE31.9x | |
| 746 Lee & Man Chemical | HK$3.96 | 3.7% +HK$115.5m | -19.2% | PE8.2x |
