Analysis Article • Apr 22
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Hong Kong (HSI) Diversified Metals and Mining Industry Analysis
UpdatedJun 13, 2026
DataAggregated Company Financials
Companies13
- 7D0.6%
- 3M-18.7%
- 1Y81.1%
- YTDn/a
Over the last 7 days, the Diversified Metals and Mining industry has dropped 8.2%, driven by pullbacks in Ximei Resources Holding and Wanguo Gold Group of 15% and 2.2%, respectively. Meanwhile, Lygend Resources & Technology actually outperformed within the industry, gaining 9.5% in the last week. In the past year, the industry has gained 72%. Looking forward, earnings are forecast to grow by 39% annually.
Industry Valuation and Performance
Has the Hong Kong Diversified Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | HK$234.4b | HK$115.9b | HK$9.9b | 27.9x | 23.6x | 2x |
| Mon, 11 May 2026 | HK$262.0b | HK$115.4b | HK$9.9b | 34x | 26.5x | 2.3x |
| Wed, 08 Apr 2026 | HK$248.1b | HK$114.8b | HK$9.8b | 23x | 25.3x | 2.2x |
| Fri, 06 Mar 2026 | HK$250.9b | HK$113.3b | HK$7.5b | 39x | 33.4x | 2.2x |
| Sun, 01 Feb 2026 | HK$240.2b | HK$106.2b | HK$7.2b | 33.3x | 33.2x | 2.3x |
| Tue, 30 Dec 2025 | HK$189.1b | HK$105.3b | HK$7.2b | 27.7x | 26.4x | 1.8x |
| Thu, 27 Nov 2025 | HK$154.8b | HK$104.4b | HK$7.1b | 18x | 21.9x | 1.5x |
| Sat, 25 Oct 2025 | HK$168.7b | HK$104.0b | HK$7.0b | 18.2x | 24x | 1.6x |
| Mon, 22 Sep 2025 | HK$430.6b | HK$328.1b | HK$25.4b | 14.6x | 17x | 1.3x |
| Wed, 20 Aug 2025 | HK$381.2b | HK$328.1b | HK$22.9b | 13.9x | 16.7x | 1.2x |
| Fri, 18 Jul 2025 | HK$289.7b | HK$325.4b | HK$19.8b | 10.9x | 14.6x | 0.9x |
| Sun, 15 Jun 2025 | HK$283.3b | HK$325.4b | HK$19.8b | 10.3x | 14.3x | 0.9x |
| Tue, 13 May 2025 | HK$237.4b | HK$322.0b | HK$19.6b | 10x | 12.1x | 0.7x |
| Thu, 10 Apr 2025 | HK$195.6b | HK$315.7b | HK$17.1b | 9.6x | 11.4x | 0.6x |
| Sat, 08 Mar 2025 | HK$221.6b | HK$309.7b | HK$17.9b | 12.5x | 12.4x | 0.7x |
| Mon, 03 Feb 2025 | HK$220.1b | HK$309.0b | HK$17.3b | 11x | 12.7x | 0.7x |
| Wed, 01 Jan 2025 | HK$206.9b | HK$306.2b | HK$17.1b | 11x | 12.1x | 0.7x |
| Fri, 29 Nov 2024 | HK$220.6b | HK$308.7b | HK$17.3b | 10.8x | 12.7x | 0.7x |
| Sun, 27 Oct 2024 | HK$240.9b | HK$306.1b | HK$16.4b | 10.3x | 14.6x | 0.8x |
| Tue, 24 Sep 2024 | HK$221.5b | HK$309.4b | HK$16.7b | 9.7x | 13.3x | 0.7x |
| Thu, 22 Aug 2024 | HK$217.6b | HK$288.6b | HK$12.9b | 12.4x | 16.9x | 0.8x |
| Sat, 20 Jul 2024 | HK$241.2b | HK$286.1b | HK$12.2b | 12.6x | 19.8x | 0.8x |
| Mon, 17 Jun 2024 | HK$233.2b | HK$286.6b | HK$12.2b | 14.2x | 19.1x | 0.8x |
| Wed, 15 May 2024 | HK$269.5b | HK$287.3b | HK$12.3b | 15.6x | 22x | 0.9x |
| Fri, 12 Apr 2024 | HK$253.8b | HK$286.0b | HK$10.4b | 16x | 24.4x | 0.9x |
| Sun, 10 Mar 2024 | HK$192.3b | HK$264.5b | HK$4.8b | 11.8x | 39.7x | 0.7x |
| Tue, 06 Feb 2024 | HK$154.2b | HK$261.9b | HK$5.1b | 11x | 30.3x | 0.6x |
| Thu, 04 Jan 2024 | HK$158.9b | HK$263.7b | HK$5.8b | 12.6x | 27.2x | 0.6x |
| Sat, 02 Dec 2023 | HK$160.7b | HK$264.0b | HK$5.9b | 12.9x | 27.5x | 0.6x |
| Mon, 30 Oct 2023 | HK$165.0b | HK$254.5b | HK$5.1b | 16.1x | 32.3x | 0.6x |
| Wed, 27 Sep 2023 | HK$177.8b | HK$254.8b | HK$5.1b | 13.2x | 34.7x | 0.7x |
| Fri, 25 Aug 2023 | HK$176.6b | HK$263.1b | HK$9.2b | 10.5x | 19.3x | 0.7x |
| Sun, 23 Jul 2023 | HK$184.0b | HK$260.9b | HK$10.3b | 11.6x | 17.9x | 0.7x |
| Tue, 20 Jun 2023 | HK$175.3b | HK$261.7b | HK$10.3b | 10.5x | 17x | 0.7x |
Price to Earnings Ratio
17x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Diversified 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 21.2x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 24% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does Hong Kong Diversified Metals and Mining compare with similar industries?
| HK Market | 0.19% | |
| Materials | -2.21% | |
| Metals and Mining | -2.89% | |
| Diversified Metals and Mining | 0.63% | |
| Silver | 1.59% | |
| Aluminum | -1.21% | |
| Copper | -2.25% | |
| Steel | -2.39% | |
| Gold | -7.67% | |
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 | |
|---|---|---|---|---|---|
| 2245 Lygend Resources & Technology | HK$14.60 | 9.5% +HK$2.0b | 55.3% | PE6.9x | |
| 1208 MMG | HK$8.95 | 1.7% +HK$1.8b | 155.7% | PE27.2x | |
| 3858 Jiaxin International Resources Investment | HK$88.70 | 1.4% +HK$569.6m | n/a | PE132.5x | |
| 601 Rare Earth Magnesium Technology Group Holdings | HK$0.078 | 16.4% +HK$6.5m | -9.3% | PS0.2x |