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Hong Kong (HSI) Gold Industry Analysis
UpdatedAug 13, 2022
DataAggregated Company Financials
Companies9
- 7D4.1%
- 3M-0.1%
- 1Y-19.0%
- YTD3.4%
Over the last 7 days, the Gold industry has risen 2.5%, driven by gains from Zijin Mining Group of 4.4%. In the same time, Tongguan Gold Group was down 7.6%. In contrast, the industry has lost 20% in the last 12 months. Looking forward, earnings are forecast to grow by 16% annually.
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, 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 |
| Thu, 27 Jan 2022 | HK$346.3b | HK$275.0b | HK$16.2b | 14.8x | 21.3x | 1.3x |
| Sat, 25 Dec 2021 | HK$324.8b | HK$273.6b | HK$16.1b | 14x | 20.1x | 1.2x |
| Mon, 22 Nov 2021 | HK$353.3b | HK$272.6b | HK$16.1b | 14.4x | 22x | 1.3x |
| Wed, 20 Oct 2021 | HK$383.7b | HK$272.8b | HK$13.6b | 15.2x | 28.3x | 1.4x |
| Fri, 17 Sep 2021 | HK$363.3b | HK$258.5b | HK$10.5b | 16.8x | 34.5x | 1.4x |
| Sun, 15 Aug 2021 | HK$373.8b | HK$256.9b | HK$10.4b | 19.3x | 36.1x | 1.5x |
| Thu, 10 Jun 2021 | HK$370.8b | HK$235.0b | HK$7.3b | 20.6x | 50.6x | 1.6x |
| Wed, 03 Mar 2021 | HK$383.5b | HK$221.8b | HK$5.8b | 15.4x | 65.8x | 1.7x |
| Sat, 05 Dec 2020 | HK$295.1b | HK$205.5b | HK$6.1b | 27.1x | 48x | 1.4x |
| Tue, 08 Sep 2020 | HK$222.0b | HK$182.6b | HK$5.5b | 35.7x | 40.4x | 1.2x |
| Mon, 01 Jun 2020 | HK$132.7b | HK$171.9b | HK$4.6b | 20.2x | 29.1x | 0.8x |
| Thu, 05 Mar 2020 | HK$145.5b | HK$167.7b | HK$4.4b | 23.2x | 33.3x | 0.9x |
| Sun, 08 Dec 2019 | HK$125.1b | HK$158.8b | HK$3.1b | 21.7x | 41x | 0.8x |
| Sat, 31 Aug 2019 | HK$123.9b | HK$154.7b | HK$2.2b | 46.4x | 56.5x | 0.8x |
Price to Earnings Ratio
56.5x
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 15.3x which is lower than its 3-year average PE of 34.1x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 108% per year over the last three years.
- Revenues for these companies have grown 25% 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 | 0.30% | |
| Materials | 3.40% | |
| Metals and Mining | 4.57% | |
| Gold | 4.11% | |
| Copper | 5.63% | |
| Diversified Metals and Mining | 4.96% | |
| Aluminum | 4.77% | |
| Steel | 4.23% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2899 Zijin Mining Group | HK$9.50 | 4.4% +HK$10.5b | -21.4% | PE11.3x | |
| 1818 Zhaojin Mining Industry | HK$7.63 | 1.3% +HK$327.0m | 10.1% | PE225.5x | |
| 8299 Grand T G Gold Holdings | HK$0.28 | 7.8% +HK$119.7m | 554.8% | PE183.3x | |
| 3330 Lingbao Gold Group | HK$0.99 | 11.2% +HK$86.4m | 2.1% | PE2.9x | |
| 621 Taung Gold International | HK$0.027 | 8.0% +HK$36.3m | 3.8% | PE10.9x |