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Hong Kong (HSI) Materials Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies138
- 7D-4.5%
- 3M-2.6%
- 1Y15.4%
- YTD11.3%
Over the last 7 days, the Materials industry has dropped 4.5%, driven by Zijin Mining Group declining 4.7%. On the other hand Maanshan Iron & Steel is actually up 6.2%. Over the past 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 25% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | HK$1.5t | HK$3.2t | HK$104.0b | 11.9x | 14.5x | 0.5x |
| Tue, 19 Nov 2024 | HK$1.6t | HK$3.2t | HK$105.7b | 10.5x | 15x | 0.5x |
| Thu, 17 Oct 2024 | HK$1.7t | HK$3.2t | HK$106.0b | 10.6x | 16x | 0.5x |
| Sat, 14 Sep 2024 | HK$1.4t | HK$3.2t | HK$104.7b | 9.9x | 13.3x | 0.4x |
| Mon, 12 Aug 2024 | HK$1.5t | HK$3.2t | HK$89.3b | 9.6x | 16.5x | 0.5x |
| Wed, 10 Jul 2024 | HK$1.7t | HK$3.2t | HK$88.4b | 10.7x | 19.3x | 0.5x |
| Fri, 07 Jun 2024 | HK$1.7t | HK$3.2t | HK$88.0b | 11.4x | 19x | 0.5x |
| Sun, 05 May 2024 | HK$1.7t | HK$3.2t | HK$88.9b | 11.9x | 18.6x | 0.5x |
| Tue, 02 Apr 2024 | HK$1.6t | HK$3.2t | HK$88.7b | 11.2x | 17.5x | 0.5x |
| Thu, 29 Feb 2024 | HK$1.3t | HK$3.2t | HK$74.4b | 9.7x | 18x | 0.4x |
| Sat, 27 Jan 2024 | HK$1.3t | HK$3.3t | HK$69.1b | 8.3x | 18.5x | 0.4x |
| Mon, 25 Dec 2023 | HK$1.3t | HK$3.3t | HK$69.1b | 9.3x | 18.5x | 0.4x |
| Wed, 22 Nov 2023 | HK$1.3t | HK$3.3t | HK$68.7b | 9.5x | 19.3x | 0.4x |
| Fri, 20 Oct 2023 | HK$1.3t | HK$3.2t | HK$60.8b | 9x | 21.4x | 0.4x |
| Sun, 17 Sep 2023 | HK$1.5t | HK$3.2t | HK$62.7b | 9.6x | 23.1x | 0.5x |
| Tue, 15 Aug 2023 | HK$1.4t | HK$3.3t | HK$89.8b | 8.9x | 15.7x | 0.4x |
| Thu, 13 Jul 2023 | HK$1.4t | HK$3.3t | HK$102.7b | 8.1x | 13.3x | 0.4x |
| Sat, 10 Jun 2023 | HK$1.4t | HK$3.3t | HK$103.4b | 7.8x | 13.5x | 0.4x |
| Mon, 08 May 2023 | HK$1.5t | HK$3.4t | HK$106.2b | 7.8x | 14.6x | 0.5x |
| Wed, 05 Apr 2023 | HK$1.5t | HK$3.5t | HK$123.3b | 7.5x | 12.5x | 0.4x |
| Fri, 03 Mar 2023 | HK$1.6t | HK$3.5t | HK$163.6b | 6.9x | 9.9x | 0.5x |
| Sun, 29 Jan 2023 | HK$1.6t | HK$3.5t | HK$171.4b | 7.1x | 9.4x | 0.5x |
| Tue, 27 Dec 2022 | HK$1.4t | HK$3.5t | HK$170.8b | 6.4x | 8.2x | 0.4x |
| Thu, 24 Nov 2022 | HK$1.3t | HK$3.4t | HK$165.6b | 5.9x | 7.9x | 0.4x |
| Sat, 22 Oct 2022 | HK$1.2t | HK$3.4t | HK$190.2b | 5.6x | 6.3x | 0.3x |
| Mon, 19 Sep 2022 | HK$1.4t | HK$3.5t | HK$197.6b | 6x | 6.9x | 0.4x |
| Wed, 17 Aug 2022 | HK$1.4t | HK$3.6t | HK$220.6b | 5.8x | 6.6x | 0.4x |
| Fri, 15 Jul 2022 | HK$1.5t | HK$3.6t | HK$225.7b | 6x | 6.5x | 0.4x |
| Sun, 12 Jun 2022 | HK$1.6t | HK$3.6t | HK$225.5b | 6x | 7.2x | 0.4x |
| Tue, 10 May 2022 | HK$1.6t | HK$3.7t | HK$226.6b | 5.8x | 7.1x | 0.4x |
| Thu, 07 Apr 2022 | HK$1.8t | HK$3.7t | HK$232.2b | 6.4x | 7.9x | 0.5x |
| Sat, 05 Mar 2022 | HK$1.9t | HK$3.5t | HK$232.4b | 7.4x | 8.1x | 0.5x |
| Mon, 31 Jan 2022 | HK$1.7t | HK$3.5t | HK$232.1b | 6.8x | 7.5x | 0.5x |
| Wed, 29 Dec 2021 | HK$1.8t | HK$3.5t | HK$232.0b | 6.8x | 7.9x | 0.5x |
Price to Earnings Ratio
7.9x
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 14.5x which is higher than its 3-year average PE of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 0.45x.
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 3.5% 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 | -0.53% | |
| Materials | -4.46% | |
| Packaging | 4.93% | |
| Chemicals | -1.99% | |
| Paper and Forestry Products | -2.84% | |
| Metals and Mining | -4.71% | |
| Basic Materials | -5.59% | |
Industry PE
- Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 11.8x.
- Analysts are expecting annual earnings growth of 28.2%, which is higher than its past year's earnings decline of 74.6% per year.
- Investors are most pessimistic about the Paper and Forestry Products industry, which is trading below its 3-year average of 89.1x.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Packaging industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| 323 Maanshan Iron & Steel | HK$1.38 | 6.2% +HK$619.8m | 16.0% | PS0.1x | |
| 1626 Jia Yao Holdings | HK$3.60 | 28.1% +HK$474.0m | -12.2% | PE21.8x | |
| 906 CPMC Holdings | HK$7.10 | 5.7% +HK$423.1m | 5.5% | PE15.8x | |
| 546 Fufeng Group | HK$5.24 | 1.7% +HK$225.6m | 25.4% | PE4.7x | |
| 2002 China Sunshine Paper Holdings | HK$1.98 | 5.9% +HK$117.2m | -28.3% | PE5.1x |
