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Hong Kong (HSI) Gold Industry Analysis

UpdatedNov 08, 2025
DataAggregated Company Financials
Companies9
  • 7D4.3%
  • 3M32.5%
  • 1Y173.0%
  • YTDn/a

Over the last 7 days, the Gold industry has risen 2.7%, driven by gains from Zijin Gold International of 5.8%. During this same period, the GT Gold Holdings underperformed, falling 8.6%. In the last 12 months, the industry was up 166%. Earnings are forecast to grow by 31% annually.

Industry Valuation and Performance

Has the Hong Kong Gold Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 09 Nov 2025HK$520.0bHK$66.4bHK$10.8b26.5x48x7.8x
Tue, 07 Oct 2025HK$1.4tHK$415.1bHK$54.5b28.9x26x3.4x
Thu, 04 Sep 2025HK$861.4bHK$387.0bHK$48.3b19.2x17.8x2.2x
Sat, 02 Aug 2025HK$653.2bHK$365.7bHK$42.1b21.1x15.5x1.8x
Mon, 30 Jun 2025HK$667.9bHK$367.5bHK$42.3b27.5x15.8x1.8x
Wed, 28 May 2025HK$606.7bHK$366.0bHK$42.1b30.3x14.4x1.7x
Fri, 25 Apr 2025HK$577.4bHK$357.8bHK$41.2b20.1x14x1.6x
Sun, 23 Mar 2025HK$556.7bHK$351.7bHK$36.6b18.3x15.2x1.6x
Tue, 18 Feb 2025HK$522.5bHK$344.6bHK$33.4b15.4x15.7x1.5x
Thu, 16 Jan 2025HK$481.9bHK$341.6bHK$33.1b14.9x14.6x1.4x
Sat, 14 Dec 2024HK$478.0bHK$343.7bHK$33.3b16.3x14.4x1.4x
Mon, 11 Nov 2024HK$530.7bHK$347.9bHK$33.7b14.4x15.7x1.5x
Wed, 09 Oct 2024HK$565.9bHK$347.2bHK$30.3b16x18.7x1.6x
Fri, 06 Sep 2024HK$465.8bHK$346.0bHK$30.2b16.3x15.4x1.3x
Sun, 04 Aug 2024HK$508.1bHK$343.6bHK$25.4b17.9x20x1.5x
Tue, 02 Jul 2024HK$539.9bHK$338.7bHK$25.0b18.5x21.6x1.6x
Thu, 30 May 2024HK$568.8bHK$339.1bHK$25.0b20.8x22.7x1.7x
Sat, 27 Apr 2024HK$560.1bHK$339.9bHK$25.1b22.8x22.3x1.6x
Mon, 25 Mar 2024HK$467.0bHK$342.3bHK$24.0b17.5x19.5x1.4x
Wed, 21 Feb 2024HK$395.0bHK$341.4bHK$22.1b27.5x17.9x1.2x
Fri, 19 Jan 2024HK$363.3bHK$342.9bHK$19.1b27.3x19x1.1x
Sun, 17 Dec 2023HK$367.2bHK$345.3bHK$19.2b38.8x19.1x1.1x
Tue, 14 Nov 2023HK$364.5bHK$337.4bHK$18.7b51.6x19.5x1.1x
Thu, 12 Oct 2023HK$376.3bHK$333.4bHK$16.7b22.4x22.6x1.1x
Sat, 09 Sep 2023HK$397.3bHK$332.5bHK$16.6b26.4x23.9x1.2x
Mon, 07 Aug 2023HK$401.2bHK$328.2bHK$18.8b21.7x21.3x1.2x
Wed, 05 Jul 2023HK$370.0bHK$326.9bHK$18.8b15x19.6x1.1x
Fri, 02 Jun 2023HK$354.9bHK$332.0bHK$19.2b18.5x18.5x1.1x
Sun, 30 Apr 2023HK$420.9bHK$342.0bHK$19.8b18.3x21.2x1.2x
Tue, 28 Mar 2023HK$396.2bHK$331.2bHK$20.8b14.5x19.1x1.2x
Thu, 23 Feb 2023HK$385.5bHK$314.8bHK$21.4b14.1x18x1.2x
Sat, 21 Jan 2023HK$392.2bHK$319.4bHK$21.8b13.1x18x1.2x
Mon, 19 Dec 2022HK$329.5bHK$308.8bHK$21.0b12.1x15.7x1.1x
Wed, 16 Nov 2022HK$317.6bHK$306.6bHK$20.8b11.8x15.3x1x
Price to Earnings Ratio

15.3x


Total Market Cap: HK$317.6bTotal Earnings: HK$20.8bTotal Revenue: HK$306.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gold Industry Price to Earnings3Y Average 19.1x202320242025
Current Industry PE
  • Investors are optimistic on the Hong Kong Gold industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 47.6x which is higher than its 3-year average PE of 19.0x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have declined 19% per year over the last three years,
  • Revenues have also declined 40% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Hong Kong Gold compare with similar industries?

HK Market1.91%
Materials4.04%
Metals and Mining4.41%
Gold4.31%
Aluminum8.73%
Steel3.91%
Silver-1.59%
Diversified Metals and Mining-1.66%
Copper-2.09%
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?

CompanyLast Price7D1YValuation
2259 Zijin Gold InternationalHK$139.005.8%
+HK$20.3b
n/aPE60.8x
1818 Zhaojin Mining IndustryHK$29.481.4%
+HK$1.5b
138.5%PE39.6x
3330 Lingbao Gold GroupHK$16.450.7%
+HK$141.6m
409.3%PE16x
621 Taung Gold InternationalHK$0.694.5%
+HK$54.5m
102.9%PB0.6x
340 Tongguan Gold GroupHK$2.720.4%
+HK$44.0m
466.7%PE25.9x