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Hong Kong (HSI) Metals and Mining Industry Analysis
UpdatedDec 17, 2024
DataAggregated Company Financials
Companies54
- 7D-6.0%
- 3M2.0%
- 1Y28.1%
- YTD18.6%
Over the last 7 days, the Metals and Mining industry has dropped 1.6%, driven by a pullback from Zijin Mining Group of 7.3%. This takes the industry's 12 month performance to a gain of 29%. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Hong Kong Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 17 Dec 2024 | HK$1.2t | HK$2.2t | HK$86.1b | 9.6x | 13.5x | 0.5x |
| Thu, 14 Nov 2024 | HK$1.2t | HK$2.2t | HK$87.0b | 9.4x | 14.2x | 0.6x |
| Sat, 12 Oct 2024 | HK$1.3t | HK$2.3t | HK$88.2b | 9.6x | 14.8x | 0.6x |
| Mon, 09 Sep 2024 | HK$1.1t | HK$2.3t | HK$88.0b | 8.6x | 12.3x | 0.5x |
| Wed, 07 Aug 2024 | HK$1.1t | HK$2.2t | HK$65.1b | 9.7x | 16.9x | 0.5x |
| Fri, 05 Jul 2024 | HK$1.3t | HK$2.2t | HK$64.2b | 11.8x | 20.2x | 0.6x |
| Sun, 02 Jun 2024 | HK$1.3t | HK$2.2t | HK$64.4b | 11.9x | 20.3x | 0.6x |
| Tue, 30 Apr 2024 | HK$1.3t | HK$2.2t | HK$64.3b | 11.6x | 20.1x | 0.6x |
| Thu, 28 Mar 2024 | HK$1.1t | HK$2.2t | HK$59.9b | 10x | 19x | 0.5x |
| Sat, 24 Feb 2024 | HK$993.5b | HK$2.2t | HK$45.3b | 9.9x | 21.9x | 0.4x |
| Mon, 22 Jan 2024 | HK$883.9b | HK$2.3t | HK$41.2b | 9.2x | 21.5x | 0.4x |
| Wed, 20 Dec 2023 | HK$874.9b | HK$2.3t | HK$41.1b | 8.9x | 21.3x | 0.4x |
| Fri, 17 Nov 2023 | HK$929.7b | HK$2.2t | HK$40.5b | 8.4x | 22.9x | 0.4x |
| Sun, 15 Oct 2023 | HK$935.8b | HK$2.2t | HK$33.4b | 9.1x | 28x | 0.4x |
| Tue, 12 Sep 2023 | HK$1.0t | HK$2.2t | HK$33.5b | 9.4x | 30x | 0.5x |
| Thu, 10 Aug 2023 | HK$1.0t | HK$2.2t | HK$63.0b | 7.7x | 16x | 0.4x |
| Sat, 08 Jul 2023 | HK$916.8b | HK$2.2t | HK$63.1b | 7x | 14.5x | 0.4x |
| Mon, 05 Jun 2023 | HK$941.8b | HK$2.3t | HK$64.1b | 7.3x | 14.7x | 0.4x |
| Wed, 03 May 2023 | HK$1.1t | HK$2.3t | HK$65.3b | 7.5x | 16.2x | 0.5x |
| Fri, 31 Mar 2023 | HK$1.0t | HK$2.4t | HK$76.0b | 7.3x | 13.4x | 0.4x |
| Sun, 26 Feb 2023 | HK$1.0t | HK$2.3t | HK$97.7b | 7x | 10.4x | 0.4x |
| Tue, 24 Jan 2023 | HK$1.0t | HK$2.4t | HK$99.2b | 7.1x | 10.4x | 0.4x |
| Thu, 22 Dec 2022 | HK$886.0b | HK$2.3t | HK$100.2b | 6.5x | 8.8x | 0.4x |
| Sat, 19 Nov 2022 | HK$816.3b | HK$2.3t | HK$96.2b | 5.7x | 8.5x | 0.4x |
| Mon, 17 Oct 2022 | HK$731.5b | HK$2.3t | HK$106.9b | 5.6x | 6.8x | 0.3x |
| Wed, 14 Sep 2022 | HK$869.8b | HK$2.4t | HK$109.8b | 6.1x | 7.9x | 0.4x |
| Fri, 12 Aug 2022 | HK$873.0b | HK$2.4t | HK$122.3b | 5.5x | 7.1x | 0.4x |
| Sun, 10 Jul 2022 | HK$910.4b | HK$2.4t | HK$122.6b | 5.4x | 7.4x | 0.4x |
| Tue, 07 Jun 2022 | HK$1.0t | HK$2.4t | HK$122.4b | 5.9x | 8.2x | 0.4x |
| Thu, 05 May 2022 | HK$989.9b | HK$2.4t | HK$122.3b | 5.8x | 8.1x | 0.4x |
| Sat, 02 Apr 2022 | HK$1.1t | HK$2.4t | HK$121.1b | 5.4x | 9.1x | 0.5x |
| Mon, 28 Feb 2022 | HK$1.2t | HK$2.3t | HK$119.5b | 6.3x | 9.7x | 0.5x |
| Wed, 26 Jan 2022 | HK$1.1t | HK$2.3t | HK$119.0b | 5.8x | 9.1x | 0.5x |
| Fri, 24 Dec 2021 | HK$1.1t | HK$2.2t | HK$118.7b | 5.6x | 9.3x | 0.5x |
Price to Earnings Ratio
9.3x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Metals and Mining industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.6x.
- 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 10% 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 industry?
| HK Market | -2.45% | |
| Materials | -5.45% | |
| Metals and Mining | -6.02% | |
| Precious Metals and Minerals | 0% | |
| Silver | -1.96% | |
| Steel | -3.07% | |
| Copper | -3.57% | |
| Aluminum | -5.29% | |
| Gold | -6.89% | |
| Diversified Metals and Mining | -7.39% | |
Industry PE
- Investors are most optimistic about the Silver industry which is trading above its 3-year average PE ratio of 5.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 70% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Copper industry is expected to see its earnings grow by 5.0% 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$1.37 | 8.7% +HK$852.2m | 14.2% | PS0.1x | |
| 3788 China Hanking Holdings | HK$0.80 | 5.3% +HK$76.8m | 5.3% | PE6.4x | |
| 1370 Aowei Holding | HK$0.52 | 4.0% +HK$32.7m | -14.8% | PS1.3x | |
| 1118 Golik Holdings | HK$0.90 | 5.9% +HK$28.7m | 28.6% | PE3.8x | |
| 3833 Xinjiang Xinxin Mining Industry | HK$0.86 | 1.2% +HK$22.1m | 16.2% | PE12.9x |
