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Hong Kong (HSI) Materials Sector Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
Companies139
  • 7D0.5%
  • 3M35.0%
  • 1Y-3.3%
  • YTD23.1%

The Materials is pretty flat in the last 7 days, but Anhui Conch Cement has stood out, gaining 4.1%. Unfortunately though, the industry is down 3.3% over the past 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024HK$1.7tHK$3.3tHK$89.8b11.3x18.6x0.5x
Fri, 15 Mar 2024HK$1.5tHK$3.3tHK$80.6b9.3x18.2x0.5x
Sun, 11 Feb 2024HK$1.3tHK$3.3tHK$72.8b8.9x17.6x0.4x
Tue, 09 Jan 2024HK$1.3tHK$3.3tHK$68.9b9.4x18.8x0.4x
Thu, 07 Dec 2023HK$1.3tHK$3.3tHK$68.7b9x18.6x0.4x
Sat, 04 Nov 2023HK$1.3tHK$3.2tHK$67.6b9.6x19.7x0.4x
Mon, 02 Oct 2023HK$1.4tHK$3.2tHK$60.9b9.6x22.7x0.4x
Wed, 30 Aug 2023HK$1.4tHK$3.2tHK$71.0b8.9x19.4x0.4x
Fri, 28 Jul 2023HK$1.5tHK$3.3tHK$102.8b7.9x14.2x0.4x
Sun, 25 Jun 2023HK$1.3tHK$3.3tHK$102.8b7.4x13.1x0.4x
Tue, 23 May 2023HK$1.2tHK$3.4tHK$104.5b8x11.8x0.4x
Thu, 20 Apr 2023HK$1.7tHK$3.4tHK$120.6b8x13.8x0.5x
Sat, 18 Mar 2023HK$1.5tHK$3.5tHK$160.1b7x9.5x0.4x
Mon, 13 Feb 2023HK$1.6tHK$3.5tHK$171.4b7.1x9.1x0.4x
Wed, 11 Jan 2023HK$1.5tHK$3.5tHK$171.0b6.8x8.9x0.4x
Fri, 09 Dec 2022HK$1.4tHK$3.5tHK$170.1b6.6x8.4x0.4x
Sun, 06 Nov 2022HK$1.2tHK$3.3tHK$163.5b5.4x7.3x0.4x
Tue, 04 Oct 2022HK$1.2tHK$3.5tHK$192.0b5.7x6.4x0.4x
Thu, 01 Sep 2022HK$1.4tHK$3.6tHK$205.6b5.7x6.8x0.4x
Sat, 30 Jul 2022HK$1.4tHK$3.6tHK$224.8b5.8x6.4x0.4x
Mon, 27 Jun 2022HK$1.5tHK$3.6tHK$226.0b6x6.8x0.4x
Wed, 25 May 2022HK$1.6tHK$3.7tHK$227.0b6x7x0.4x
Fri, 22 Apr 2022HK$1.7tHK$3.7tHK$234.2b6.2x7.3x0.5x
Sun, 20 Mar 2022HK$1.8tHK$3.6tHK$227.0b6.7x7.7x0.5x
Tue, 15 Feb 2022HK$1.9tHK$3.5tHK$232.4b7.3x8.3x0.5x
Thu, 13 Jan 2022HK$1.9tHK$3.5tHK$231.8b7.2x8.2x0.5x
Sat, 11 Dec 2021HK$1.9tHK$3.5tHK$231.7b6.9x8x0.5x
Mon, 08 Nov 2021HK$1.8tHK$3.5tHK$227.8b7x7.8x0.5x
Wed, 06 Oct 2021HK$2.0tHK$3.3tHK$224.8b7.6x8.9x0.6x
Fri, 03 Sep 2021HK$2.1tHK$3.3tHK$220.7b8.1x9.7x0.6x
Sun, 01 Aug 2021HK$1.9tHK$3.3tHK$220.7b7.7x8.6x0.6x
Wed, 05 May 2021HK$2.0tHK$3.1tHK$182.7b9x10.8x0.6x
Price to Earnings Ratio

10.8x


Total Market Cap: HK$2.0tTotal Earnings: HK$182.7bTotal Revenue: HK$3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Materials Sector Price to Earnings3Y Average 11.4x202220232024
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 18.6x which is higher than its 3-year average PE of 11.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 21% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 sector?

HK Market-1.93%
Materials0.54%
Metals and Mining0.96%
Basic Materials0.96%
Packaging-1.50%
Chemicals-1.99%
Paper and Forestry Products-9.13%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry, which is trading close to its 3-year average PE ratio of 80.5x.
    • Analysts are expecting annual earnings growth of 56.1%, which is higher than its past year's earnings decline of 47.0% per year.
  • Investors are most pessimistic about the Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.4x.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 47% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 5.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
914 Anhui Conch CementHK$17.324.1%
+HK$3.6b
-33.4%PE8.1x
975 Mongolian MiningHK$10.3822.6%
+HK$2.0b
237.0%PE6x
1378 China Hongqiao GroupHK$9.962.2%
+HK$2.0b
16.5%PE7.6x
1258 China Nonferrous MiningHK$6.530.5%
+HK$1.2b
42.0%PE11.7x
3939 Wanguo International Mining GroupHK$9.688.0%
+HK$596.2m
322.7%PE22.1x
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1313

HK$1.07

China Resources Building Materials Technology Holdings

7D

-13.0%

1Y

-71.2%

2899

HK$17.36

Zijin Mining Group

7D

-1.8%

1Y

21.6%

2233

HK$1.07

West China Cement

7D

5.9%

1Y

1.9%

1818

HK$12.68

Zhaojin Mining Industry

7D

-6.1%

1Y

-4.9%

1258

HK$6.53

China Nonferrous Mining

7D

0.5%

1Y

42.0%

975

HK$10.38

Mongolian Mining

7D

22.6%

1Y

237.0%

486

HK$2.55

United Company RUSAL International

7D

-8.9%

1Y

-32.5%

639

HK$3.06

Shougang Fushan Resources Group

7D

2.7%

1Y

15.0%

1378

HK$9.96

China Hongqiao Group

7D

2.2%

1Y

16.5%

2362

HK$0.76

Jinchuan Group International Resources

7D

-12.6%

1Y

20.6%

2689

HK$3.17

Nine Dragons Paper (Holdings)

7D

-8.9%

1Y

-47.8%