Here's Why It's Unlikely That China Risun Group Limited's (HKG:1907) CEO Will See A Pay Rise This Year
May 23
Hong Kong (HSI) Commodity Chemicals Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies14
- 7D-0.07%
- 3M6.4%
- 1Y-7.8%
- YTDn/a
The Commodity Chemicals is pretty flat in the last 7 days, but China Singyes New Materials Holdings has stood out, gaining 164%. As for the longer term, the industry has declined 7.8% in the last year. Earnings are forecast to grow by 69% 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 |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$47.9b | HK$178.7b | HK$454.7m | 9.2x | 105.3x | 0.3x |
| Sat, 27 Apr 2024 | HK$48.0b | HK$178.9b | HK$428.9m | 8.6x | 111.9x | 0.3x |
| Mon, 25 Mar 2024 | HK$46.5b | HK$175.2b | -HK$33,307,536.20 | 6.9x | -1394.6x | 0.3x |
| Wed, 21 Feb 2024 | HK$46.0b | HK$173.0b | -HK$285,003,564.37 | 6.2x | -161.5x | 0.3x |
| Fri, 19 Jan 2024 | HK$45.7b | HK$173.2b | -HK$287,375,972.00 | 6.3x | -158.9x | 0.3x |
| Sun, 17 Dec 2023 | HK$47.7b | HK$172.3b | -HK$398,793,251.00 | 5.9x | -119.6x | 0.3x |
| Tue, 14 Nov 2023 | HK$48.3b | HK$168.5b | -HK$383,535,461.00 | 6.2x | -125.9x | 0.3x |
| Thu, 12 Oct 2023 | HK$47.9b | HK$154.5b | -HK$2,347,841,784.00 | 6.6x | -20.4x | 0.3x |
| Sat, 09 Sep 2023 | HK$49.6b | HK$154.3b | -HK$2,328,834,423.00 | 7x | -21.3x | 0.3x |
| Mon, 07 Aug 2023 | HK$53.5b | HK$156.4b | -HK$1,297,726,843.00 | 7.6x | -41.3x | 0.3x |
| Wed, 05 Jul 2023 | HK$53.9b | HK$157.1b | -HK$503,644,035.00 | 5.4x | -107x | 0.3x |
| Fri, 02 Jun 2023 | HK$54.3b | HK$159.0b | -HK$542,567,309.00 | 5.7x | -100.1x | 0.3x |
| Sun, 30 Apr 2023 | HK$60.1b | HK$163.5b | -HK$570,075,727.00 | 5.9x | -105.5x | 0.4x |
| Tue, 28 Mar 2023 | HK$58.7b | HK$168.6b | HK$1.0b | 4.6x | 56.7x | 0.3x |
| Thu, 23 Feb 2023 | HK$60.4b | HK$185.6b | HK$2.8b | 5x | 21.3x | 0.3x |
| Sat, 21 Jan 2023 | HK$61.1b | HK$187.9b | HK$2.8b | 4.8x | 21.5x | 0.3x |
| Mon, 19 Dec 2022 | HK$56.2b | HK$182.4b | HK$2.8b | 5.3x | 20.2x | 0.3x |
| Wed, 16 Nov 2022 | HK$54.3b | HK$181.3b | HK$2.8b | 5.2x | 19.6x | 0.3x |
| Fri, 14 Oct 2022 | HK$52.7b | HK$193.4b | HK$5.3b | 5.6x | 10x | 0.3x |
| Sun, 11 Sep 2022 | HK$56.1b | HK$199.6b | HK$5.4b | 5.7x | 10.3x | 0.3x |
| Tue, 09 Aug 2022 | HK$56.9b | HK$195.0b | HK$6.7b | 5.2x | 8.5x | 0.3x |
| Thu, 07 Jul 2022 | HK$57.6b | HK$196.1b | HK$6.7b | 5.1x | 8.6x | 0.3x |
| Sat, 04 Jun 2022 | HK$63.0b | HK$197.5b | HK$6.7b | 5.5x | 9.4x | 0.3x |
| Mon, 02 May 2022 | HK$62.7b | HK$198.9b | HK$6.7b | 5.7x | 9.3x | 0.3x |
| Wed, 30 Mar 2022 | HK$68.5b | HK$197.5b | HK$9.0b | 5.6x | 7.6x | 0.3x |
| Fri, 25 Feb 2022 | HK$78.6b | HK$174.0b | HK$10.9b | 6.1x | 7.2x | 0.5x |
| Sun, 23 Jan 2022 | HK$79.4b | HK$173.0b | HK$10.8b | 6.2x | 7.3x | 0.5x |
| Tue, 21 Dec 2021 | HK$77.9b | HK$172.4b | HK$10.8b | 5.6x | 7.2x | 0.5x |
| Thu, 18 Nov 2021 | HK$81.4b | HK$171.7b | HK$10.8b | 5.7x | 7.5x | 0.5x |
| Sat, 16 Oct 2021 | HK$80.9b | HK$163.9b | HK$11.1b | 5.8x | 7.3x | 0.5x |
| Mon, 13 Sep 2021 | HK$89.3b | HK$162.9b | HK$11.0b | 7.8x | 8.1x | 0.5x |
| Wed, 11 Aug 2021 | HK$73.6b | HK$162.7b | HK$11.0b | 6.6x | 6.7x | 0.5x |
| Sun, 06 Jun 2021 | HK$76.4b | HK$153.0b | HK$9.1b | 7.7x | 8.4x | 0.5x |
Price to Earnings Ratio
8.4x
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 105x which is higher than its 3-year average PE of -15.4x.
- The industry is trading close to its 3-year average PS ratio of 0.35x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 63% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.3% 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 | -2.07% | |
| Materials | 0.66% | |
| Chemicals | -0.62% | |
| Commodity Chemicals | -0.074% | |
| Industrial Gases | 1.05% | |
| Specialty Chemicals | 0.15% | |
| Diversified Chemicals | -0.18% | |
| Fertilizers and Agricultural Chemicals | -2.57% | |
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 | |
|---|---|---|---|---|---|
| 8073 China Singyes New Materials Holdings | HK$0.29 | 163.6% +HK$93.6m | 61.1% | PS1.6x | |
| 2198 China Sanjiang Fine Chemicals | HK$1.66 | 3.8% +HK$71.4m | 16.1% | PE20x | |
| 2182 Tian Chang Group Holdings | HK$0.50 | 8.7% +HK$24.8m | 13.6% | PE13.2x |
