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Hong Kong (HSI) Materials Sector Analysis

UpdatedFeb 05, 2026
DataAggregated Company Financials
Companies140
  • 7D-9.1%
  • 3M29.3%
  • 1Y138.7%
  • YTD17.8%

Over the last 7 days, the Materials industry has dropped 4.3%, driven by a pullback from Zijin Gold International of 15%. In contrast, Wanguo Gold Group has gained 10%. In the past year, the industry has gained 136%. Earnings are forecast to grow by 29% annually.

Sector Valuation and Performance

Has the Hong Kong Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Feb 2026HK$2.6tHK$2.7tHK$96.7b14.4x26.8x1x
Sat, 03 Jan 2026HK$2.2tHK$2.7tHK$95.7b13.3x22.7x0.8x
Mon, 01 Dec 2025HK$1.9tHK$2.6tHK$94.5b12.1x20.5x0.7x
Wed, 29 Oct 2025HK$1.8tHK$2.6tHK$87.5b13x20.4x0.7x
Fri, 26 Sep 2025HK$2.6tHK$3.2tHK$173.7b11.4x15x0.8x
Sun, 24 Aug 2025HK$2.2tHK$3.2tHK$161.9b12.2x13.8x0.7x
Tue, 22 Jul 2025HK$2.0tHK$3.3tHK$154.6b10.9x13.2x0.6x
Thu, 19 Jun 2025HK$1.9tHK$3.3tHK$153.3b10x12.1x0.6x
Sat, 17 May 2025HK$1.7tHK$3.2tHK$133.4b10x12.8x0.5x
Mon, 14 Apr 2025HK$1.6tHK$3.2tHK$123.6b10x13.2x0.5x
Wed, 12 Mar 2025HK$1.7tHK$3.2tHK$104.8b11.1x16.1x0.5x
Fri, 07 Feb 2025HK$1.6tHK$3.2tHK$104.0b11.3x15.4x0.5x
Sun, 05 Jan 2025HK$1.5tHK$3.1tHK$103.8b11.9x14.6x0.5x
Tue, 03 Dec 2024HK$1.6tHK$3.2tHK$105.2b11.6x15x0.5x
Thu, 31 Oct 2024HK$1.7tHK$3.2tHK$110.5b10.6x15.1x0.5x
Sat, 28 Sep 2024HK$1.7tHK$3.3tHK$107.1b10.8x15.9x0.5x
Mon, 26 Aug 2024HK$1.5tHK$3.2tHK$104.1b9.5x14.3x0.5x
Wed, 24 Jul 2024HK$1.5tHK$3.2tHK$88.4b10.3x17.3x0.5x
Fri, 21 Jun 2024HK$1.6tHK$3.2tHK$87.9b11.2x18.7x0.5x
Sun, 19 May 2024HK$1.8tHK$3.2tHK$88.1b12x20x0.6x
Tue, 16 Apr 2024HK$1.7tHK$3.3tHK$89.8b11.8x18.6x0.5x
Thu, 14 Mar 2024HK$1.4tHK$3.3tHK$80.6b8.8x17.8x0.4x
Sat, 10 Feb 2024HK$1.3tHK$3.2tHK$72.5b8.9x17.8x0.4x
Mon, 08 Jan 2024HK$1.3tHK$3.3tHK$69.1b9.4x18.9x0.4x
Wed, 06 Dec 2023HK$1.3tHK$3.3tHK$68.9b9x18.5x0.4x
Fri, 03 Nov 2023HK$1.3tHK$3.2tHK$67.5b9.2x19.7x0.4x
Sun, 01 Oct 2023HK$1.4tHK$3.2tHK$60.9b9.6x22.7x0.4x
Tue, 29 Aug 2023HK$1.4tHK$3.2tHK$71.3b8.6x19.2x0.4x
Thu, 27 Jul 2023HK$1.5tHK$3.3tHK$102.8b8x14.2x0.4x
Sat, 24 Jun 2023HK$1.3tHK$3.3tHK$102.7b7.4x13.1x0.4x
Mon, 22 May 2023HK$1.4tHK$3.4tHK$104.5b7.7x13.4x0.4x
Wed, 19 Apr 2023HK$1.7tHK$3.5tHK$120.9b7.9x13.7x0.5x
Fri, 17 Mar 2023HK$1.5tHK$3.5tHK$161.9b6.6x9.3x0.4x
Sun, 12 Feb 2023HK$1.6tHK$3.5tHK$171.4b7.1x9.1x0.4x
Price to Earnings Ratio

9.1x


Total Market Cap: HK$1.6tTotal Earnings: HK$171.4bTotal Revenue: HK$3.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Materials Sector Price to Earnings3Y Average 16.5x202420252026
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 26.4x which is higher than its 3-year average PE of 16.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 17% per year over the last three years,
  • Revenues have also declined 8.7% 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-3.32%
Materials-9.06%
Paper and Forestry Products10.32%
Packaging-0.54%
Chemicals-0.89%
Basic Materials-1.16%
Metals and Mining-10.47%
Industry PE
  • Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Basic Materials industry, which is trading close to its 3-year average of 17.5x.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 17% 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
3939 Wanguo Gold GroupHK$14.607.0%
+HK$4.2b
306.7%PE62.3x
2689 Nine Dragons Paper (Holdings)HK$8.392.6%
+HK$985.4m
166.3%PE19.8x
1313 China Resources Building Materials Technology HoldingsHK$1.855.1%
+HK$628.5m
24.2%PE49.3x
546 Fufeng GroupHK$8.852.4%
+HK$527.4m
65.1%PE6.4x
2314 Lee & Man Paper ManufacturingHK$3.702.5%
+HK$386.6m
62.3%PE11.7x

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