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Hong Kong (HSI) Gold Industry Analysis

UpdatedFeb 20, 2024
DataAggregated Company Financials
Companies7
  • 7D7.4%
  • 3M0.4%
  • 1Y-0.8%
  • YTDn/a

The Gold industry is up 2.6% in the last week, with Zijin Mining Group up 7.7%. During this same period, the Tongguan Gold Group underperformed, falling 5.3%. In the past year, the industry is down 3.1%. As for the next few years, earnings are expected to grow by 23% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Feb 2024HK$391.2bHK$341.4bHK$22.1b27.7x17.7x1.1x
Thu, 18 Jan 2024HK$359.3bHK$343.0bHK$19.1b26.3x18.8x1x
Sat, 16 Dec 2023HK$367.9bHK$346.0bHK$19.2b38.8x19.1x1.1x
Mon, 13 Nov 2023HK$360.7bHK$337.5bHK$18.7b47.8x19.3x1.1x
Wed, 11 Oct 2023HK$378.4bHK$333.6bHK$16.7b22.2x22.7x1.1x
Fri, 08 Sep 2023HK$400.9bHK$333.1bHK$16.6b26.4x24.1x1.2x
Sun, 06 Aug 2023HK$401.2bHK$328.2bHK$18.8b21.7x21.3x1.2x
Tue, 04 Jul 2023HK$372.5bHK$325.7bHK$18.8b15.1x19.9x1.1x
Thu, 01 Jun 2023HK$346.1bHK$332.3bHK$19.2b18.7x18x1x
Sat, 29 Apr 2023HK$420.4bHK$330.3bHK$20.6b18.4x20.4x1.3x
Mon, 27 Mar 2023HK$399.9bHK$331.7bHK$20.8b14.4x19.2x1.2x
Wed, 22 Feb 2023HK$391.2bHK$315.5bHK$21.5b14.2x18.2x1.2x
Fri, 20 Jan 2023HK$382.1bHK$319.2bHK$21.8b12.8x17.5x1.2x
Sun, 18 Dec 2022HK$329.5bHK$308.8bHK$21.0b12.1x15.7x1.1x
Tue, 15 Nov 2022HK$315.2bHK$305.1bHK$20.7b11.6x15.2x1x
Thu, 13 Oct 2022HK$248.0bHK$288.9bHK$21.0b9.7x11.8x0.9x
Sat, 10 Sep 2022HK$290.7bHK$297.5bHK$21.8b10.1x13.4x1x
Mon, 08 Aug 2022HK$292.3bHK$298.4bHK$19.6b11.7x14.9x1x
Wed, 06 Jul 2022HK$306.8bHK$300.9bHK$19.8b12.1x15.5x1x
Fri, 03 Jun 2022HK$325.6bHK$302.3bHK$19.3b16.4x16.9x1.1x
Sun, 01 May 2022HK$366.6bHK$305.2bHK$19.5b18.8x18.8x1.2x
Tue, 29 Mar 2022HK$379.1bHK$294.3bHK$15.7b21.1x24.1x1.3x
Thu, 24 Feb 2022HK$370.5bHK$276.2bHK$16.3b18.3x22.7x1.3x
Sat, 22 Jan 2022HK$349.6bHK$274.4bHK$16.2b14.9x21.6x1.3x
Mon, 20 Dec 2021HK$337.3bHK$273.4bHK$16.1b14.4x20.9x1.2x
Wed, 17 Nov 2021HK$352.5bHK$273.0bHK$16.1b13.8x21.9x1.3x
Fri, 15 Oct 2021HK$347.0bHK$258.6bHK$10.5b15.9x32.9x1.3x
Sun, 12 Sep 2021HK$390.5bHK$256.9bHK$10.4b19.5x37.7x1.5x
Tue, 10 Aug 2021HK$348.8bHK$256.9bHK$10.4b17.2x33.7x1.4x
Mon, 03 May 2021HK$350.4bHK$235.0bHK$7.3b18.2x47.9x1.5x
Price to Earnings Ratio

65.8x


Total Market Cap: HK$383.5bTotal Earnings: HK$5.8bTotal Revenue: HK$221.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gold Industry Price to Earnings3Y Average 24x202220232024
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 17.2x which is lower than its 3-year average PE of 24.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Gold industry have grown 56% per year over the last three years.
  • Revenues for these companies have grown 15% 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 Market2.53%
Materials4.10%
Metals and Mining4.84%
Gold7.38%
Aluminum4.36%
Steel3.69%
Copper3.18%
Diversified Metals and Mining1.35%
Precious Metals and Minerals0%
Silver-4.76%
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
2899 Zijin Mining GroupHK$12.408.2%
+HK$24.7b
-3.3%PE15.4x
1818 Zhaojin Mining IndustryHK$7.712.8%
+HK$686.8m
-11.3%PE46.2x
8299 Grand T G Gold HoldingsHK$0.1614.7%
+HK$119.7m
9.9%PE39.6x
3330 Lingbao Gold GroupHK$1.673.1%
+HK$59.2m
57.5%PE9x
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