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Hong Kong (HSI) Materials Sector Analysis
UpdatedMar 13, 2025
DataAggregated Company Financials
Companies138
- 7D4.7%
- 3M7.9%
- 1Y19.3%
- YTD16.6%
Over the last 7 days, the Materials industry has risen 6.2%, driven by gains in Zijin Mining Group and CMOC Group of 4.7% and 14%, respectively. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are expected to grow by 22% per annum.
Sector Valuation and Performance
Has the Hong Kong Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 13 Mar 2025 | HK$1.7t | HK$3.2t | HK$104.6b | 11.8x | 16.3x | 0.5x |
| Sat, 08 Feb 2025 | HK$1.6t | HK$3.2t | HK$104.0b | 11.4x | 15.5x | 0.5x |
| Mon, 06 Jan 2025 | HK$1.5t | HK$3.1t | HK$103.8b | 11.9x | 14.6x | 0.5x |
| Wed, 04 Dec 2024 | HK$1.6t | HK$3.2t | HK$105.1b | 11.6x | 15x | 0.5x |
| Fri, 01 Nov 2024 | HK$1.7t | HK$3.2t | HK$108.7b | 10.3x | 15.4x | 0.5x |
| Sun, 29 Sep 2024 | HK$1.7t | HK$3.3t | HK$107.1b | 10.8x | 15.9x | 0.5x |
| Tue, 27 Aug 2024 | HK$1.5t | HK$3.2t | HK$105.0b | 9.5x | 14.5x | 0.5x |
| Thu, 25 Jul 2024 | HK$1.5t | HK$3.2t | HK$88.4b | 10.3x | 17.2x | 0.5x |
| Sat, 22 Jun 2024 | HK$1.6t | HK$3.2t | HK$87.8b | 11.1x | 18.6x | 0.5x |
| Mon, 20 May 2024 | HK$1.8t | HK$3.2t | HK$88.1b | 12x | 20x | 0.6x |
| Wed, 17 Apr 2024 | HK$1.7t | HK$3.3t | HK$89.8b | 11.3x | 18.6x | 0.5x |
| Fri, 15 Mar 2024 | HK$1.5t | HK$3.3t | HK$80.6b | 9.3x | 18.2x | 0.5x |
| Sun, 11 Feb 2024 | HK$1.3t | HK$3.3t | HK$72.8b | 8.9x | 17.6x | 0.4x |
| Tue, 09 Jan 2024 | HK$1.3t | HK$3.3t | HK$68.9b | 9.4x | 18.8x | 0.4x |
| Thu, 07 Dec 2023 | HK$1.3t | HK$3.3t | HK$68.7b | 9x | 18.6x | 0.4x |
| Sat, 04 Nov 2023 | HK$1.3t | HK$3.2t | HK$67.6b | 9.6x | 19.7x | 0.4x |
| Mon, 02 Oct 2023 | HK$1.4t | HK$3.2t | HK$60.9b | 9.6x | 22.7x | 0.4x |
| Wed, 30 Aug 2023 | HK$1.4t | HK$3.2t | HK$71.0b | 8.9x | 19.4x | 0.4x |
| Fri, 28 Jul 2023 | HK$1.5t | HK$3.3t | HK$102.8b | 7.9x | 14.2x | 0.4x |
| Sun, 25 Jun 2023 | HK$1.3t | HK$3.3t | HK$102.8b | 7.4x | 13.1x | 0.4x |
| Tue, 23 May 2023 | HK$1.2t | HK$3.4t | HK$104.5b | 8x | 11.8x | 0.4x |
| Thu, 20 Apr 2023 | HK$1.7t | HK$3.4t | HK$120.6b | 8x | 13.8x | 0.5x |
| Sat, 18 Mar 2023 | HK$1.5t | HK$3.5t | HK$160.1b | 7x | 9.5x | 0.4x |
| Mon, 13 Feb 2023 | HK$1.6t | HK$3.5t | HK$171.4b | 7.1x | 9.1x | 0.4x |
| Wed, 11 Jan 2023 | HK$1.5t | HK$3.5t | HK$171.0b | 6.8x | 8.9x | 0.4x |
| Fri, 09 Dec 2022 | HK$1.4t | HK$3.5t | HK$170.1b | 6.6x | 8.4x | 0.4x |
| Sun, 06 Nov 2022 | HK$1.2t | HK$3.3t | HK$163.5b | 5.4x | 7.3x | 0.4x |
| Tue, 04 Oct 2022 | HK$1.2t | HK$3.5t | HK$192.0b | 5.7x | 6.4x | 0.4x |
| Thu, 01 Sep 2022 | HK$1.4t | HK$3.6t | HK$205.6b | 5.7x | 6.8x | 0.4x |
| Sat, 30 Jul 2022 | HK$1.4t | HK$3.6t | HK$224.8b | 5.8x | 6.4x | 0.4x |
| Mon, 27 Jun 2022 | HK$1.5t | HK$3.6t | HK$226.0b | 6x | 6.8x | 0.4x |
| Wed, 25 May 2022 | HK$1.6t | HK$3.7t | HK$227.0b | 6x | 7x | 0.4x |
| Fri, 22 Apr 2022 | HK$1.7t | HK$3.7t | HK$234.2b | 6.2x | 7.3x | 0.5x |
| Sun, 20 Mar 2022 | HK$1.8t | HK$3.6t | HK$227.0b | 6.7x | 7.7x | 0.5x |
Price to Earnings Ratio
7.7x
Current Industry PE
- Investors are optimistic on the Hong Kong Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.1x which is higher than its 3-year average PE of 13.7x.
- The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 23% per year over the last three years,
- Revenues have also declined 3.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials sector?
| HK Market | 1.05% | |
| Materials | 4.66% | |
| Metals and Mining | 6.28% | |
| Chemicals | 3.40% | |
| Paper and Forestry Products | 0.71% | |
| Packaging | -2.23% | |
| Basic Materials | -2.83% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 14.0x.
- Analysts are expecting annual earnings growth of 30.4%, which is higher than its past year's earnings decline of 73.7% per year.
- Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 89.6x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Packaging industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| 3993 CMOC Group | HK$6.33 | 9.7% +HK$11.9b | 3.6% | PE8.9x | |
| 2899 Zijin Mining Group | HK$16.28 | 2.3% +HK$9.6b | 5.3% | PE13.7x | |
| 1378 China Hongqiao Group | HK$14.78 | 2.6% +HK$3.6b | 107.9% | PE7.2x | |
| 2245 Lygend Resources & Technology | HK$9.25 | 31.0% +HK$3.4b | 57.3% | PE10.3x | |
| 1208 MMG | HK$2.83 | 9.7% +HK$3.0b | -4.7% | PE27.3x |
