Jiangxi Copper Company Limited's (HKG:358) Shares Climb 29% But Its Business Is Yet to Catch Up
Oct 15
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Materials Sector Analysis
UpdatedOct 16, 2025
DataAggregated Company Financials
Companies136
- 7D-1.9%
- 3M44.6%
- 1Y82.7%
- YTD74.8%
Over the last 7 days, the Materials industry has dropped 1.9%, driven by a pullback from Zijin Gold International of 3.1%. On the other hand China National Building Material is actually up 9.3%. In the past year, the industry has gained 83%. Looking forward, earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Thu, 16 Oct 2025 | HK$1.9t | HK$2.6t | HK$85.2b | 14x | 22x | 0.7x |
| Sat, 13 Sep 2025 | HK$2.6t | HK$3.2t | HK$175.7b | 11.7x | 14.8x | 0.8x |
| Mon, 11 Aug 2025 | HK$2.2t | HK$3.2t | HK$154.2b | 11.9x | 14x | 0.7x |
| Wed, 09 Jul 2025 | HK$1.9t | HK$3.3t | HK$154.6b | 10.1x | 12.6x | 0.6x |
| Fri, 06 Jun 2025 | HK$1.8t | HK$3.3t | HK$153.1b | 10.1x | 11.5x | 0.5x |
| Sun, 04 May 2025 | HK$1.7t | HK$3.2t | HK$131.6b | 10.1x | 12.8x | 0.5x |
| Tue, 01 Apr 2025 | HK$1.7t | HK$3.2t | HK$119.8b | 10.8x | 14.6x | 0.5x |
| Thu, 27 Feb 2025 | HK$1.6t | HK$3.2t | HK$104.2b | 11.4x | 15.4x | 0.5x |
| Sat, 25 Jan 2025 | HK$1.6t | HK$3.2t | HK$104.6b | 10.8x | 15.2x | 0.5x |
| Mon, 23 Dec 2024 | HK$1.5t | HK$3.2t | HK$104.1b | 11.9x | 14.5x | 0.5x |
| Wed, 20 Nov 2024 | HK$1.6t | HK$3.2t | HK$105.5b | 10.7x | 15.3x | 0.5x |
| Fri, 18 Oct 2024 | HK$1.7t | HK$3.2t | HK$105.9b | 10.3x | 15.7x | 0.5x |
| Sun, 15 Sep 2024 | HK$1.4t | HK$3.2t | HK$104.7b | 9.9x | 13.3x | 0.4x |
| Tue, 13 Aug 2024 | HK$1.5t | HK$3.2t | HK$89.1b | 9.7x | 16.5x | 0.5x |
| Thu, 11 Jul 2024 | HK$1.7t | HK$3.2t | HK$88.4b | 10.7x | 18.7x | 0.5x |
| Sat, 08 Jun 2024 | HK$1.7t | HK$3.2t | HK$88.0b | 11.6x | 19.2x | 0.5x |
| Mon, 06 May 2024 | HK$1.7t | HK$3.2t | HK$88.9b | 11.9x | 18.6x | 0.5x |
| Wed, 03 Apr 2024 | HK$1.6t | HK$3.2t | HK$88.6b | 11.3x | 17.7x | 0.5x |
| Fri, 01 Mar 2024 | HK$1.3t | HK$3.2t | HK$74.5b | 9.8x | 18.1x | 0.4x |
| Sun, 28 Jan 2024 | HK$1.3t | HK$3.3t | HK$69.0b | 8.3x | 18.5x | 0.4x |
| Tue, 26 Dec 2023 | HK$1.3t | HK$3.3t | HK$69.1b | 9.3x | 18.5x | 0.4x |
| Thu, 23 Nov 2023 | HK$1.3t | HK$3.3t | HK$68.6b | 9.4x | 19.2x | 0.4x |
| Sat, 21 Oct 2023 | HK$1.3t | HK$3.2t | HK$60.7b | 8.6x | 21.3x | 0.4x |
| Mon, 18 Sep 2023 | HK$1.5t | HK$3.2t | HK$62.7b | 9.6x | 23.1x | 0.5x |
| Wed, 16 Aug 2023 | HK$1.4t | HK$3.2t | HK$89.6b | 8.8x | 15.6x | 0.4x |
| Fri, 14 Jul 2023 | HK$1.4t | HK$3.3t | HK$103.0b | 8.2x | 13.7x | 0.4x |
| Sun, 11 Jun 2023 | HK$1.4t | HK$3.3t | HK$103.5b | 7.8x | 13.4x | 0.4x |
| Tue, 09 May 2023 | HK$1.6t | HK$3.4t | HK$106.1b | 7.9x | 14.8x | 0.5x |
| Thu, 06 Apr 2023 | HK$1.5t | HK$3.5t | HK$123.3b | 7.5x | 12.5x | 0.4x |
| Sat, 04 Mar 2023 | HK$1.6t | HK$3.5t | HK$163.5b | 6.9x | 9.8x | 0.5x |
| Mon, 30 Jan 2023 | HK$1.6t | HK$3.5t | HK$171.4b | 7.1x | 9.4x | 0.5x |
| Wed, 28 Dec 2022 | HK$1.4t | HK$3.5t | HK$170.9b | 6.4x | 8.2x | 0.4x |
| Fri, 25 Nov 2022 | HK$1.3t | HK$3.4t | HK$165.2b | 6.1x | 8x | 0.4x |
| Sun, 23 Oct 2022 | HK$1.2t | HK$3.4t | HK$187.3b | 5.7x | 6.3x | 0.3x |
Price to Earnings Ratio
6.3x
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 22.0x which is higher than its 3-year average PE of 15.1x.
- The industry is trading close to its 3-year average PS ratio of 0.49x.
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 9.1% 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 | -1.10% | |
| Materials | -1.92% | |
| Basic Materials | 6.33% | |
| Paper and Forestry Products | 1.72% | |
| Chemicals | -0.43% | |
| Packaging | -2.26% | |
| Metals and Mining | -2.70% | |
Industry PE
- Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 36.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 91.8x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings growth rate of 22% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 2259 Zijin Gold International | HK$147.40 | 4.3% +HK$16.0b | n/a | PE63.2x | |
| 3323 China National Building Material | HK$6.06 | 5.4% +HK$2.4b | 106.1% | PE7.3x | |
| 639 Shougang Fushan Resources Group | HK$3.27 | 15.1% +HK$2.2b | 16.8% | PE15.7x | |
| 297 Sinofert Holdings | HK$1.59 | 11.2% +HK$1.1b | 37.1% | PE9.2x | |
| 975 Mongolian Mining | HK$14.17 | 8.3% +HK$1.1b | 58.1% | PE23x |
