Aluminum Corporation of China Limited (HKG:2600) Doing What It Can To Lift Shares
Jan 15
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Hong Kong (HSI) Aluminum Industry Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies4
- 7D6.7%
- 3M-10.3%
- 1Y73.6%
- YTDn/a
Over the last 7 days, the Aluminum industry has risen 7.2%, driven by gains from China Hongqiao Group of 11%. This takes the industry's 12 month performance to a gain of 65%. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Hong Kong Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jan 2025 | HK$300.0b | HK$486.7b | HK$34.6b | 7x | 8.7x | 0.6x |
| Fri, 20 Dec 2024 | HK$281.9b | HK$486.8b | HK$34.6b | 6.3x | 8.1x | 0.6x |
| Sun, 17 Nov 2024 | HK$295.9b | HK$491.4b | HK$35.0b | 6.6x | 8.5x | 0.6x |
| Tue, 15 Oct 2024 | HK$313.0b | HK$490.0b | HK$35.6b | 7.7x | 8.8x | 0.6x |
| Thu, 12 Sep 2024 | HK$236.1b | HK$489.2b | HK$35.5b | 5.6x | 6.7x | 0.5x |
| Sat, 10 Aug 2024 | HK$242.0b | HK$485.3b | HK$23.2b | 8.5x | 10.4x | 0.5x |
| Mon, 08 Jul 2024 | HK$283.9b | HK$481.0b | HK$23.0b | 10.8x | 12.3x | 0.6x |
| Wed, 05 Jun 2024 | HK$310.1b | HK$482.7b | HK$23.1b | 11.9x | 13.4x | 0.6x |
| Fri, 03 May 2024 | HK$275.6b | HK$482.6b | HK$23.1b | 10.2x | 11.9x | 0.6x |
| Sun, 31 Mar 2024 | HK$246.9b | HK$503.1b | HK$22.8b | 9.2x | 10.8x | 0.5x |
| Tue, 27 Feb 2024 | HK$198.2b | HK$531.8b | HK$12.6b | 12.2x | 15.7x | 0.4x |
| Thu, 25 Jan 2024 | HK$183.5b | HK$538.7b | HK$12.7b | 11.2x | 14.4x | 0.3x |
| Sat, 23 Dec 2023 | HK$194.7b | HK$535.5b | HK$12.7b | 12.1x | 15.4x | 0.4x |
| Mon, 20 Nov 2023 | HK$207.4b | HK$529.2b | HK$12.5b | 12.8x | 16.5x | 0.4x |
| Wed, 18 Oct 2023 | HK$210.2b | HK$540.8b | HK$11.4b | 13.9x | 18.4x | 0.4x |
| Fri, 15 Sep 2023 | HK$230.3b | HK$542.8b | HK$11.4b | 15.3x | 20.1x | 0.4x |
| Sun, 13 Aug 2023 | HK$219.1b | HK$559.5b | HK$18.3b | 9.1x | 12x | 0.4x |
| Tue, 11 Jul 2023 | HK$209.9b | HK$569.6b | HK$28.1b | 6x | 7.5x | 0.4x |
| Thu, 08 Jun 2023 | HK$200.3b | HK$578.5b | HK$28.4b | 5.8x | 7x | 0.3x |
| Sat, 06 May 2023 | HK$240.3b | HK$592.8b | HK$28.9b | 6.5x | 8.3x | 0.4x |
| Mon, 03 Apr 2023 | HK$231.9b | HK$612.2b | HK$29.2b | 6.4x | 7.9x | 0.4x |
| Wed, 01 Mar 2023 | HK$242.3b | HK$592.1b | HK$46.1b | 4.2x | 5.3x | 0.4x |
| Fri, 27 Jan 2023 | HK$248.8b | HK$601.7b | HK$46.5b | 4.6x | 5.3x | 0.4x |
| Sun, 25 Dec 2022 | HK$211.9b | HK$585.3b | HK$45.7b | 3.9x | 4.6x | 0.4x |
| Tue, 22 Nov 2022 | HK$194.2b | HK$577.8b | HK$45.3b | 3.5x | 4.3x | 0.3x |
| Thu, 20 Oct 2022 | HK$182.5b | HK$589.0b | HK$47.1b | 3.6x | 3.9x | 0.3x |
| Sat, 17 Sep 2022 | HK$214.4b | HK$603.3b | HK$47.8b | 4.3x | 4.5x | 0.4x |
| Mon, 15 Aug 2022 | HK$211.8b | HK$598.7b | HK$48.7b | 3.8x | 4.3x | 0.4x |
| Wed, 13 Jul 2022 | HK$215.7b | HK$587.9b | HK$51.5b | 4x | 4.2x | 0.4x |
| Fri, 10 Jun 2022 | HK$242.8b | HK$590.4b | HK$51.6b | 4.3x | 4.7x | 0.4x |
| Sun, 08 May 2022 | HK$222.6b | HK$591.8b | HK$51.7b | 4.2x | 4.3x | 0.4x |
| Tue, 05 Apr 2022 | HK$287.6b | HK$586.1b | HK$52.1b | 4.6x | 5.5x | 0.5x |
| Thu, 03 Mar 2022 | HK$304.4b | HK$549.4b | HK$52.1b | 5.2x | 5.8x | 0.6x |
| Sat, 29 Jan 2022 | HK$303.4b | HK$544.0b | HK$51.7b | 4.8x | 5.9x | 0.6x |
Price to Earnings Ratio
5.9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Aluminum 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 9.1x.
- The industry is trading close to its 3-year average PS ratio of 0.44x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have declined 13% per year over the last three years,
- Revenues have also declined 3.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Hong Kong Aluminum compare with similar industries?
| HK Market | 3.38% | |
| Materials | 1.98% | |
| Metals and Mining | 1.18% | |
| Aluminum | 6.68% | |
| Silver | 16.80% | |
| Steel | 5.59% | |
| Copper | 2.48% | |
| Diversified Metals and Mining | 1.13% | |
| Precious Metals and Minerals | 0% | 0 |
| Gold | -2.88% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1378 China Hongqiao Group | HK$12.92 | 12.9% +HK$13.8b | 138.4% | PE6.3x | |
| 2600 Aluminum Corporation of China | HK$4.93 | 5.3% +HK$4.3b | 52.6% | PE7.7x | |
| 486 United Company RUSAL International | HK$3.21 | 0.9% +HK$456.7m | 28.9% | PE14.7x | |
| 98 Xingfa Aluminium Holdings | HK$6.90 | 0.6% +HK$16.8m | 16.0% | PE2.9x |