Earnings Not Telling The Story For Persistence Resources Group Ltd (HKG:2489)
Feb 19
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Hong Kong (HSI) Gold Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies9
- 7D-2.4%
- 3M6.8%
- 1Y25.7%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 2.4%, driven by Zijin Mining Group declining 5.9%. Over the past 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the Hong Kong Gold Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Feb 2025 | HK$517.6b | HK$344.5b | HK$33.4b | 16.2x | 15.5x | 1.5x |
| Mon, 20 Jan 2025 | HK$497.8b | HK$341.8b | HK$33.1b | 14.7x | 15x | 1.5x |
| Wed, 18 Dec 2024 | HK$469.4b | HK$343.0b | HK$33.2b | 16.2x | 14.1x | 1.4x |
| Fri, 15 Nov 2024 | HK$478.7b | HK$345.6b | HK$33.4b | 14.4x | 14.3x | 1.4x |
| Sun, 13 Oct 2024 | HK$544.0b | HK$346.9b | HK$30.5b | 15.8x | 17.8x | 1.6x |
| Tue, 10 Sep 2024 | HK$451.1b | HK$345.1b | HK$30.1b | 15.9x | 15x | 1.3x |
| Thu, 08 Aug 2024 | HK$492.2b | HK$342.6b | HK$25.3b | 17.6x | 19.5x | 1.4x |
| Sat, 06 Jul 2024 | HK$576.1b | HK$338.8b | HK$25.0b | 19.9x | 23x | 1.7x |
| Mon, 03 Jun 2024 | HK$536.8b | HK$339.8b | HK$25.1b | 20.8x | 21.4x | 1.6x |
| Wed, 01 May 2024 | HK$542.5b | HK$340.0b | HK$25.1b | 22.2x | 21.6x | 1.6x |
| Fri, 29 Mar 2024 | HK$490.6b | HK$342.2b | HK$24.0b | 19.3x | 20.4x | 1.4x |
| Sun, 25 Feb 2024 | HK$412.3b | HK$341.6b | HK$22.1b | 27.7x | 18.6x | 1.2x |
| Tue, 23 Jan 2024 | HK$356.9b | HK$342.7b | HK$19.1b | 25x | 18.7x | 1x |
| Thu, 21 Dec 2023 | HK$376.6b | HK$344.4b | HK$19.1b | 38.3x | 19.7x | 1.1x |
| Sat, 18 Nov 2023 | HK$368.7b | HK$340.6b | HK$18.9b | 42.1x | 19.5x | 1.1x |
| Mon, 16 Oct 2023 | HK$373.3b | HK$333.5b | HK$16.7b | 23x | 22.4x | 1.1x |
| Wed, 13 Sep 2023 | HK$398.5b | HK$334.4b | HK$16.7b | 21.8x | 23.8x | 1.2x |
| Fri, 11 Aug 2023 | HK$398.2b | HK$326.8b | HK$18.7b | 22.4x | 21.2x | 1.2x |
| Sun, 09 Jul 2023 | HK$361.1b | HK$326.5b | HK$18.8b | 14.6x | 19.2x | 1.1x |
| Tue, 06 Jun 2023 | HK$361.0b | HK$331.7b | HK$19.1b | 17.2x | 18.9x | 1.1x |
| Thu, 04 May 2023 | HK$425.6b | HK$342.1b | HK$19.8b | 17.6x | 21.5x | 1.2x |
| Sat, 01 Apr 2023 | HK$409.4b | HK$332.2b | HK$20.7b | 15.1x | 19.8x | 1.2x |
| Mon, 27 Feb 2023 | HK$371.8b | HK$312.2b | HK$21.2b | 13.7x | 17.5x | 1.2x |
| Wed, 25 Jan 2023 | HK$391.9b | HK$319.3b | HK$21.8b | 13.1x | 18x | 1.2x |
| Fri, 23 Dec 2022 | HK$322.7b | HK$309.0b | HK$21.0b | 12.1x | 15.4x | 1x |
| Sun, 20 Nov 2022 | HK$305.1b | HK$304.0b | HK$20.6b | 11.3x | 14.8x | 1x |
| Tue, 18 Oct 2022 | HK$247.5b | HK$287.9b | HK$21.0b | 9.3x | 11.8x | 0.9x |
| Thu, 15 Sep 2022 | HK$285.4b | HK$298.8b | HK$21.9b | 10.1x | 13x | 1x |
| Sat, 13 Aug 2022 | HK$304.3b | HK$300.8b | HK$19.7b | 11.3x | 15.4x | 1x |
| Mon, 11 Jul 2022 | HK$299.0b | HK$301.4b | HK$19.8b | 12.1x | 15.1x | 1x |
| Wed, 08 Jun 2022 | HK$340.3b | HK$303.1b | HK$19.4b | 16.6x | 17.6x | 1.1x |
| Fri, 06 May 2022 | HK$358.4b | HK$305.3b | HK$19.5b | 19.1x | 18.4x | 1.2x |
| Sun, 03 Apr 2022 | HK$377.9b | HK$294.8b | HK$15.8b | 20.5x | 23.9x | 1.3x |
| Tue, 01 Mar 2022 | HK$379.6b | HK$276.7b | HK$16.4b | 18.6x | 23.2x | 1.4x |
Price to Earnings Ratio
23.2x
Current Industry PE
- Investors are pessimistic on the Hong Kong Gold industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.5x which is lower than its 3-year average PE of 18.4x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 7.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Gold compare with similar industries?
| HK Market | 3.24% | |
| Materials | -0.14% | |
| Metals and Mining | 0.36% | |
| Gold | -2.37% | |
| Aluminum | 8.06% | |
| Silver | 6.90% | |
| Steel | 0.73% | |
| Precious Metals and Minerals | 0% | 0 |
| Copper | -1.80% | |
| Diversified Metals and Mining | -2.81% | |
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 | |
|---|---|---|---|---|---|
| 1818 Zhaojin Mining Industry | HK$14.32 | 0.4% +HK$204.1m | 71.1% | PE37.9x | |
| 2489 Persistence Resources Group | HK$0.86 | 7.5% +HK$120.0m | 53.6% | PE16.5x | |
| 621 Taung Gold International | HK$0.049 | 4.3% +HK$36.3m | n/a | PB0.4x | |
| 3330 Lingbao Gold Group | HK$5.55 | 0.2% +HK$12.4m | 203.3% | PE19.5x | |
| 1182 Success Dragon International Holdings | HK$0.47 | 5.6% +HK$8.6m | 216.7% | PE137.7x |
