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Hong Kong (HSI) Materials Sector Analysis
UpdatedJul 14, 2025
DataAggregated Company Financials
Companies140
- 7D-1.7%
- 3M20.4%
- 1Y20.2%
- YTD37.0%
Over the last 7 days, the Materials industry has dropped 1.7%, driven by CMOC Group declining 2.9%. On the other hand Anhui Conch Cement is actually up 13%. Over the past 12 months, the industry was up 20%. Looking forward, earnings are forecast to grow by 17% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 14 Jul 2025 | HK$1.9t | HK$3.3t | HK$154.8b | 9.8x | 12.4x | 0.6x |
| Wed, 11 Jun 2025 | HK$1.8t | HK$3.3t | HK$153.2b | 10.5x | 11.9x | 0.6x |
| Fri, 09 May 2025 | HK$1.7t | HK$3.2t | HK$132.6b | 9.6x | 12.9x | 0.5x |
| Sun, 06 Apr 2025 | HK$1.7t | HK$3.2t | HK$119.8b | 10.4x | 14.2x | 0.5x |
| Tue, 04 Mar 2025 | HK$1.6t | HK$3.2t | HK$103.8b | 11.7x | 15.2x | 0.5x |
| Thu, 30 Jan 2025 | HK$1.6t | HK$3.2t | HK$104.6b | 12.2x | 15.2x | 0.5x |
| Sat, 28 Dec 2024 | HK$1.5t | HK$3.1t | HK$103.9b | 12.2x | 14.7x | 0.5x |
| Mon, 25 Nov 2024 | HK$1.6t | HK$3.2t | HK$105.4b | 11x | 14.9x | 0.5x |
| Wed, 23 Oct 2024 | HK$1.7t | HK$3.2t | HK$109.6b | 10.8x | 15.8x | 0.5x |
| Fri, 20 Sep 2024 | HK$1.5t | HK$3.3t | HK$105.0b | 9.7x | 13.9x | 0.4x |
| Sun, 18 Aug 2024 | HK$1.5t | HK$3.2t | HK$96.5b | 9.6x | 15.5x | 0.5x |
| Tue, 16 Jul 2024 | HK$1.7t | HK$3.2t | HK$88.5b | 11.2x | 19.2x | 0.5x |
| Thu, 13 Jun 2024 | HK$1.6t | HK$3.2t | HK$87.9b | 11x | 18.6x | 0.5x |
| Sat, 11 May 2024 | HK$1.7t | HK$3.2t | HK$88.2b | 12.2x | 19.7x | 0.5x |
| Mon, 08 Apr 2024 | HK$1.6t | HK$3.3t | HK$89.7b | 11.4x | 18x | 0.5x |
| Wed, 06 Mar 2024 | HK$1.4t | HK$3.2t | HK$74.5b | 9.7x | 18.4x | 0.4x |
| Fri, 02 Feb 2024 | HK$1.3t | HK$3.3t | HK$68.8b | 8.5x | 18.3x | 0.4x |
| Sun, 31 Dec 2023 | HK$1.3t | HK$3.3t | HK$69.4b | 9.7x | 19.1x | 0.4x |
| Tue, 28 Nov 2023 | HK$1.3t | HK$3.3t | HK$68.6b | 9.5x | 19x | 0.4x |
| Thu, 26 Oct 2023 | HK$1.3t | HK$3.2t | HK$60.7b | 8.9x | 21.8x | 0.4x |
| Sat, 23 Sep 2023 | HK$1.4t | HK$3.2t | HK$62.4b | 9.5x | 22.8x | 0.4x |
| Mon, 21 Aug 2023 | HK$1.4t | HK$3.2t | HK$82.3b | 8.7x | 16.6x | 0.4x |
| Wed, 19 Jul 2023 | HK$1.4t | HK$3.3t | HK$102.7b | 8.5x | 13.6x | 0.4x |
| Fri, 16 Jun 2023 | HK$1.4t | HK$3.3t | HK$102.8b | 7.8x | 13.6x | 0.4x |
| Sun, 14 May 2023 | HK$1.4t | HK$3.4t | HK$105.6b | 7.9x | 13.6x | 0.4x |
| Tue, 11 Apr 2023 | HK$1.6t | HK$3.5t | HK$120.6b | 7.7x | 13x | 0.5x |
| Thu, 09 Mar 2023 | HK$1.6t | HK$3.5t | HK$160.7b | 6.9x | 9.8x | 0.5x |
| Sat, 04 Feb 2023 | HK$1.6t | HK$3.6t | HK$172.7b | 7.1x | 9.3x | 0.5x |
| Mon, 02 Jan 2023 | HK$1.4t | HK$3.5t | HK$172.1b | 6.5x | 8.2x | 0.4x |
| Wed, 30 Nov 2022 | HK$1.3t | HK$3.4t | HK$163.9b | 6.1x | 8.2x | 0.4x |
| Fri, 28 Oct 2022 | HK$1.2t | HK$3.4t | HK$184.4b | 5.4x | 6.4x | 0.3x |
| Sun, 25 Sep 2022 | HK$1.3t | HK$3.5t | HK$194.9b | 5.7x | 6.6x | 0.4x |
| Tue, 23 Aug 2022 | HK$1.4t | HK$3.6t | HK$218.9b | 5.8x | 6.6x | 0.4x |
| Thu, 21 Jul 2022 | HK$1.5t | HK$3.6t | HK$225.1b | 5.9x | 6.6x | 0.4x |
Price to Earnings Ratio
6.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Materials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.4x which is lower than its 3-year average PE of 14.3x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 12% per year over the last three years,
- Revenues have also declined 3.3% 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 | 1.04% | |
| Materials | -1.73% | |
| Basic Materials | 6.08% | |
| Packaging | 4.01% | |
| Chemicals | 0.46% | |
| Paper and Forestry Products | 0.12% | |
| Metals and Mining | -2.98% | |
Industry PE
- Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 20.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Metals and Mining industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Metals and Mining industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 914 Anhui Conch Cement | HK$24.20 | 12.8% +HK$14.5b | 20.1% | PE14.6x | |
| 1818 Zhaojin Mining Industry | HK$21.05 | 6.4% +HK$4.5b | 38.1% | PE42.1x | |
| 2600 Aluminum Corporation of China | HK$5.47 | 4.6% +HK$4.1b | -0.7% | PE6.3x | |
| 3323 China National Building Material | HK$4.50 | 12.2% +HK$3.7b | 67.3% | PE9.7x | |
| 2899 Zijin Mining Group | HK$20.45 | 0.5% +HK$2.6b | 15.7% | PE13.8x |
