Hong Kong (HSI) Gold Industry Analysis

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
Fri, 09 Jan 2026	HK$564.4b	HK$68.0b	HK$11.0b	28.9x	51.3x	8.3x
Sun, 07 Dec 2025	HK$545.5b	HK$67.5b	HK$10.9b	28.2x	49.9x	8.1x
Tue, 04 Nov 2025	HK$494.8b	HK$66.3b	HK$10.8b	26.8x	45.7x	7.5x
Thu, 02 Oct 2025	HK$1.3t	HK$415.0b	HK$54.5b	25.8x	24.4x	3.2x
Sat, 30 Aug 2025	HK$789.5b	HK$387.0b	HK$48.3b	18.4x	16.3x	2x
Mon, 28 Jul 2025	HK$681.1b	HK$367.9b	HK$42.4b	21.1x	16.1x	1.9x
Wed, 25 Jun 2025	HK$632.9b	HK$367.7b	HK$42.3b	33.7x	15x	1.7x
Fri, 23 May 2025	HK$622.4b	HK$364.9b	HK$42.0b	26.8x	14.8x	1.7x
Sun, 20 Apr 2025	HK$576.7b	HK$356.2b	HK$40.9b	19.6x	14.1x	1.6x
Tue, 18 Mar 2025	HK$548.4b	HK$345.1b	HK$33.2b	18.3x	16.5x	1.6x
Thu, 13 Feb 2025	HK$529.4b	HK$342.7b	HK$33.2b	15.5x	16x	1.5x
Sat, 11 Jan 2025	HK$494.1b	HK$341.5b	HK$33.1b	15.2x	14.9x	1.4x
Mon, 09 Dec 2024	HK$481.2b	HK$344.2b	HK$33.3b	16.1x	14.4x	1.4x
Wed, 06 Nov 2024	HK$555.4b	HK$351.4b	HK$34.1b	14.9x	16.3x	1.6x
Fri, 04 Oct 2024	HK$575.6b	HK$347.8b	HK$30.4b	16.2x	19x	1.7x
Sun, 01 Sep 2024	HK$508.7b	HK$346.4b	HK$30.2b	15x	16.8x	1.5x
Tue, 30 Jul 2024	HK$503.0b	HK$339.2b	HK$25.0b	17.8x	20.1x	1.5x
Thu, 27 Jun 2024	HK$537.2b	HK$338.1b	HK$25.0b	18.5x	21.5x	1.6x
Sat, 25 May 2024	HK$551.2b	HK$339.4b	HK$25.0b	22.2x	22x	1.6x
Mon, 22 Apr 2024	HK$567.7b	HK$340.6b	HK$24.2b	24.2x	23.4x	1.7x
Wed, 20 Mar 2024	HK$472.1b	HK$341.3b	HK$22.1b	19x	21.3x	1.4x
Fri, 16 Feb 2024	HK$374.9b	HK$345.0b	HK$22.3b	25.3x	16.8x	1.1x
Sun, 14 Jan 2024	HK$379.7b	HK$344.2b	HK$19.2b	27.1x	19.8x	1.1x
Tue, 12 Dec 2023	HK$364.0b	HK$342.4b	HK$19.0b	38.8x	19.1x	1.1x
Thu, 09 Nov 2023	HK$363.8b	HK$338.2b	HK$18.7b	44.9x	19.4x	1.1x
Sat, 07 Oct 2023	HK$371.5b	HK$334.0b	HK$16.7b	21.1x	22.3x	1.1x
Mon, 04 Sep 2023	HK$396.9b	HK$336.5b	HK$16.8b	23.6x	23.6x	1.2x
Wed, 02 Aug 2023	HK$412.1b	HK$327.8b	HK$18.8b	22.2x	21.9x	1.3x
Fri, 30 Jun 2023	HK$355.8b	HK$326.3b	HK$18.8b	14.7x	18.9x	1.1x
Sun, 28 May 2023	HK$348.8b	HK$334.1b	HK$19.3b	19x	18.1x	1x
Tue, 25 Apr 2023	HK$418.2b	HK$331.4b	HK$20.7b	19.3x	20.2x	1.3x
Thu, 23 Mar 2023	HK$385.9b	HK$319.0b	HK$21.5b	13.7x	18x	1.2x
Sat, 18 Feb 2023	HK$367.8b	HK$315.4b	HK$21.5b	13.5x	17.1x	1.2x
Mon, 16 Jan 2023	HK$383.0b	HK$322.0b	HK$22.0b	12.4x	17.4x	1.2x

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 51.4x which is higher than its 3-year average PE of 21.0x.

The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 8.3x.

Past Earnings Growth

The earnings for companies in the Gold industry have declined 21% 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 Market	1.60%
Materials	4.77%
Metals and Mining	4.98%
Gold	3.06%
Diversified Metals and Mining	8.00%
Aluminum	7.23%
Silver	4.48%
Steel	4.13%
Copper	0.81%

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$35.58	11.5% +HK$13.0b	198.5%	PE46.7x
2259 Zijin Gold International	HK$150.70	2.1% +HK$8.3b	n/a	PE65.7x
340 Tongguan Gold Group	HK$3.19	13.1% +HK$1.9b	593.5%	PE35.9x
3330 Lingbao Gold Group	HK$19.50	3.3% +HK$838.5m	366.5%	PE19.5x
2489 Persistence Resources Group	HK$1.14	4.6% +HK$120.0m	34.1%	PE22.8x

Company

Last Price

Valuation

1818 Zhaojin Mining Industry

HK$35.58

11.5%
+HK$13.0b

198.5%

PE46.7x

2259 Zijin Gold International

HK$150.70

2.1%
+HK$8.3b

n/a