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Hong Kong (HSI) Metals and Mining Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies53
  • 7D6.8%
  • 3M29.2%
  • 1Y14.5%
  • YTD19.8%

Over the last 7 days, the Metals and Mining industry has risen 6.8%, driven by gains from Zijin Mining Group of 6.8%. Meanwhile, Mongolian Mining actually underperformed within the industry, shrinking 21% in the last week. This means that the industry has gained 15% over the past year. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Hong Kong Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024HK$1.1tHK$2.2tHK$48.7b10.6x23.3x0.5x
Wed, 14 Feb 2024HK$910.7bHK$2.2tHK$45.3b9x20.1x0.4x
Fri, 12 Jan 2024HK$918.5bHK$2.3tHK$41.1b9.4x22.3x0.4x
Sun, 10 Dec 2023HK$878.6bHK$2.2tHK$41.0b8.8x21.4x0.4x
Tue, 07 Nov 2023HK$918.3bHK$2.2tHK$40.6b8.4x22.6x0.4x
Thu, 05 Oct 2023HK$966.2bHK$2.2tHK$33.4b9.2x28.9x0.4x
Sat, 02 Sep 2023HK$976.1bHK$2.2tHK$33.7b9.3x29x0.4x
Mon, 31 Jul 2023HK$1.0tHK$2.3tHK$63.2b7.6x16x0.4x
Wed, 28 Jun 2023HK$911.1bHK$2.2tHK$63.2b6.8x14.4x0.4x
Fri, 26 May 2023HK$904.7bHK$2.3tHK$64.2b7.4x14.1x0.4x
Sun, 23 Apr 2023HK$1.1tHK$2.4tHK$72.3b7.9x15.2x0.5x
Tue, 21 Mar 2023HK$996.5bHK$2.3tHK$87.1b7.5x11.4x0.4x
Thu, 16 Feb 2023HK$1.0tHK$2.3tHK$98.9b7.4x10.3x0.4x
Sat, 14 Jan 2023HK$991.6bHK$2.4tHK$99.7b7.4x10x0.4x
Mon, 12 Dec 2022HK$932.0bHK$2.3tHK$100.2b6.8x9.3x0.4x
Wed, 09 Nov 2022HK$783.2bHK$2.3tHK$96.3b5.3x8.1x0.3x
Fri, 07 Oct 2022HK$748.4bHK$2.3tHK$107.7b5.7x6.9x0.3x
Sun, 04 Sep 2022HK$816.9bHK$2.4tHK$110.1b6.1x7.4x0.3x
Tue, 02 Aug 2022HK$865.2bHK$2.4tHK$122.0b5.6x7.1x0.4x
Thu, 30 Jun 2022HK$932.5bHK$2.4tHK$122.4b5.8x7.6x0.4x
Sat, 28 May 2022HK$949.5bHK$2.4tHK$121.5b5.8x7.8x0.4x
Mon, 25 Apr 2022HK$1.0tHK$2.4tHK$122.3b5.7x8.6x0.4x
Wed, 23 Mar 2022HK$1.1tHK$2.3tHK$117.6b5.4x9.3x0.5x
Fri, 18 Feb 2022HK$1.2tHK$2.3tHK$119.2b6.5x10.2x0.5x
Sun, 16 Jan 2022HK$1.1tHK$2.2tHK$118.7b6.2x9.3x0.5x
Tue, 14 Dec 2021HK$1.1tHK$2.2tHK$118.7b5.9x9.3x0.5x
Thu, 11 Nov 2021HK$1.1tHK$2.2tHK$115.3b6.5x9.4x0.5x
Sat, 09 Oct 2021HK$1.2tHK$2.1tHK$108.4b6x10.9x0.6x
Mon, 06 Sep 2021HK$1.3tHK$2.1tHK$107.9b7.7x12x0.6x
Wed, 04 Aug 2021HK$1.2tHK$2.1tHK$107.1b7x10.8x0.5x
Sat, 08 May 2021HK$1.2tHK$1.9tHK$73.1b9.5x16x0.6x
Price to Earnings Ratio

13.7x


Total Market Cap: HK$1.0tTotal Earnings: HK$73.1bTotal Revenue: HK$1.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Metals and Mining Industry Price to Earnings3Y Average 13.3x202220232024
Current Industry PE
  • Investors are optimistic on the Hong Kong Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.3x which is higher than its 3-year average PE of 13.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.45x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 13% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.0% per year.
  • This means that although more sales are being generated, 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 industry?

HK Market1.55%
Materials5.14%
Metals and Mining6.75%
Diversified Metals and Mining17.20%
Copper8.50%
Gold7.33%
Aluminum1.57%
Silver0.87%
Precious Metals and Minerals0%
Steel-5.31%
Industry PE
  • Investors are most optimistic about the Gold industry, which is trading close to its 3-year average PE ratio of 22.7x.
    • Analysts are expecting annual earnings growth of 23.4%, which is higher than its past year's earnings growth of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 76% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Copper industry is expected to see its earnings grow by 7.6% 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
2899 Zijin Mining GroupHK$15.606.8%
+HK$26.3b
24.6%PE19.3x
3993 CMOC GroupHK$6.3517.6%
+HK$20.3b
53.0%PE15.2x
358 Jiangxi CopperHK$13.608.5%
+HK$3.7b
10.6%PE7x
1208 MMGHK$3.2113.4%
+HK$3.3b
50.0%PE394.8x
1378 China Hongqiao GroupHK$7.223.7%
+HK$2.5b
-8.6%PE19x
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486

HK$2.34

United Company RUSAL International

7D

-2.5%

1Y

-41.2%

639

HK$2.92

Shougang Fushan Resources Group

7D

-8.2%

1Y

17.7%

2489

HK$0.61

Persistence Resources Group

7D

-9.0%

1Y

n/a

1258

HK$6.66

China Nonferrous Mining

7D

6.7%

1Y

85.0%

826

HK$1.66

Tiangong International

7D

-2.4%

1Y

-34.4%

1378

HK$7.22

China Hongqiao Group

7D

3.7%

1Y

-8.6%

975

HK$7.75

Mongolian Mining

7D

-21.0%

1Y

158.3%

1818

HK$9.17

Zhaojin Mining Industry

7D

-4.2%

1Y

-15.2%

3993

HK$6.35

CMOC Group

7D

17.6%

1Y

53.0%

1029

HK$0.13

IRC

7D

-13.5%

1Y

29.3%

2600

HK$4.50

Aluminum Corporation of China

7D

3.0%

1Y

12.8%

347

HK$1.50

Angang Steel

7D

-0.7%

1Y

-37.0%