Header cover image

Hong Kong (HSI) Materials Sector Analysis

UpdatedMar 26, 2024
DataAggregated Company Financials
Companies139
  • 7D0.2%
  • 3M17.2%
  • 1Y-3.7%
  • YTD12.9%

The Materials is pretty flat in the last 7 days, but China Hongqiao Group has stood out, gaining 18%. Unfortunately though, the industry is down 3.7% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Mar 2024HK$1.5tHK$3.3tHK$87.4b10x17.2x0.5x
Fri, 23 Feb 2024HK$1.4tHK$3.2tHK$72.6b9.4x18.7x0.4x
Sun, 21 Jan 2024HK$1.2tHK$3.3tHK$69.0b9.2x17.9x0.4x
Tue, 19 Dec 2023HK$1.2tHK$3.3tHK$68.8b8.8x18.1x0.4x
Thu, 16 Nov 2023HK$1.3tHK$3.2tHK$68.0b9.2x19.5x0.4x
Sat, 14 Oct 2023HK$1.3tHK$3.2tHK$60.8b9.1x22x0.4x
Mon, 11 Sep 2023HK$1.4tHK$3.2tHK$63.8b9x22.2x0.4x
Wed, 09 Aug 2023HK$1.5tHK$3.3tHK$100.0b8.7x14.7x0.4x
Fri, 07 Jul 2023HK$1.4tHK$3.3tHK$101.9b8.4x13.2x0.4x
Sun, 04 Jun 2023HK$1.4tHK$3.3tHK$104.0b7.6x13.4x0.4x
Tue, 02 May 2023HK$1.6tHK$3.4tHK$106.2b8.1x14.7x0.5x
Thu, 30 Mar 2023HK$1.5tHK$3.5tHK$125.7b7.2x12.2x0.4x
Sat, 25 Feb 2023HK$1.6tHK$3.5tHK$164.0b6.9x9.6x0.5x
Mon, 23 Jan 2023HK$1.6tHK$3.5tHK$171.4b7x9.3x0.5x
Wed, 21 Dec 2022HK$1.4tHK$3.5tHK$170.2b6.4x8.2x0.4x
Fri, 18 Nov 2022HK$1.3tHK$3.4tHK$166.7b6x8x0.4x
Sun, 16 Oct 2022HK$1.2tHK$3.5tHK$190.5b5.7x6.4x0.4x
Tue, 13 Sep 2022HK$1.4tHK$3.6tHK$199.0b5.8x7.2x0.4x
Thu, 11 Aug 2022HK$1.4tHK$3.6tHK$222.5b5.7x6.4x0.4x
Sat, 09 Jul 2022HK$1.5tHK$3.6tHK$226.1b5.8x6.8x0.4x
Mon, 06 Jun 2022HK$1.6tHK$3.7tHK$226.6b6x7x0.4x
Wed, 04 May 2022HK$1.7tHK$3.7tHK$227.3b6.1x7.4x0.5x
Fri, 01 Apr 2022HK$1.8tHK$3.7tHK$236.0b6.3x7.6x0.5x
Sun, 27 Feb 2022HK$1.9tHK$3.5tHK$232.3b7.2x8.1x0.5x
Tue, 25 Jan 2022HK$1.9tHK$3.5tHK$232.5b7.2x8x0.5x
Thu, 23 Dec 2021HK$1.8tHK$3.5tHK$232.0b6.9x7.9x0.5x
Sat, 20 Nov 2021HK$1.8tHK$3.5tHK$231.5b7.1x7.9x0.5x
Mon, 18 Oct 2021HK$2.0tHK$3.4tHK$227.9b7.7x8.9x0.6x
Wed, 15 Sep 2021HK$2.3tHK$3.3tHK$222.2b8.2x10.4x0.7x
Fri, 13 Aug 2021HK$2.1tHK$3.3tHK$220.7b8.2x9.3x0.6x
Tue, 08 Jun 2021HK$2.0tHK$3.1tHK$182.7b9.2x11x0.7x
Price to Earnings Ratio

9.9x


Total Market Cap: HK$1.8tTotal Earnings: HK$182.7bTotal Revenue: HK$3.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Materials Sector Price to Earnings3Y Average 11.3x202220232024
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 17.2x which is higher than its 3-year average PE of 11.3x.
  • 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 22% 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-1.17%
Materials0.23%
Metals and Mining1.48%
Packaging-0.12%
Chemicals-2.64%
Basic Materials-4.18%
Paper and Forestry Products-4.93%
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 78.4x.
    • Analysts are expecting annual earnings growth of 56.9%, which is higher than its past year's earnings decline of 11.3% per year.
  • Investors are most pessimistic about the Chemicals industry, which is trading close to 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 57% over the next 5 years.
  • This is better than its past earnings decline of 11% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 8.7% 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
1378 China Hongqiao GroupHK$8.3817.5%
+HK$11.8b
15.0%PE6.4x
2600 Aluminum Corporation of ChinaHK$4.9612.2%
+HK$9.3b
26.9%PE19.5x
975 Mongolian MiningHK$9.4013.3%
+HK$1.1b
216.5%PE5.2x
1818 Zhaojin Mining IndustryHK$9.353.3%
+HK$981.1m
-20.4%PE41.1x
3939 Wanguo International Mining GroupHK$7.3512.0%
+HK$654.1m
269.3%PE16.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

975

HK$9.40

Mongolian Mining

7D

13.3%

1Y

216.5%

189

HK$7.41

Dongyue Group

7D

2.9%

1Y

-11.4%

2899

HK$15.04

Zijin Mining Group

7D

-2.1%

1Y

16.8%

3939

HK$7.35

Wanguo International Mining Group

7D

12.0%

1Y

269.3%

486

HK$2.30

United Company RUSAL International

7D

-4.2%

1Y

-40.7%

691

HK$0.66

China Shanshui Cement Group

7D

26.9%

1Y

-53.8%

1258

HK$6.35

China Nonferrous Mining

7D

-3.8%

1Y

73.0%

2689

HK$3.22

Nine Dragons Paper (Holdings)

7D

-7.5%

1Y

-47.8%

2600

HK$4.96

Aluminum Corporation of China

7D

12.2%

1Y

26.9%

347

HK$1.32

Angang Steel

7D

-12.0%

1Y

-47.6%