Hong Kong (HSI) Gold Industry Analysis

UpdatedDec 31, 2025

DataAggregated Company Financials

Companies9

7D-6.0%
3M12.5%
1Y220.8%
YTDn/a

Over the last 7 days, the Gold industry has dropped 4.3%, driven by declines from every company within the industry. In the past year, the industry has gained 231%. Earnings are forecast to grow by 36% 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
Wed, 31 Dec 2025	HK$544.0b	HK$67.9b	HK$11.0b	26.5x	49.5x	8x
Fri, 28 Nov 2025	HK$515.9b	HK$67.1b	HK$10.9b	28.7x	47.4x	7.7x
Sun, 26 Oct 2025	HK$493.9b	HK$66.3b	HK$10.8b	28.7x	45.6x	7.4x
Tue, 23 Sep 2025	HK$891.1b	HK$387.0b	HK$48.3b	20.1x	18.4x	2.3x
Thu, 21 Aug 2025	HK$702.0b	HK$365.8b	HK$42.1b	22.1x	16.7x	1.9x
Sat, 19 Jul 2025	HK$664.0b	HK$367.3b	HK$42.3b	22.7x	15.7x	1.8x
Mon, 16 Jun 2025	HK$662.7b	HK$367.3b	HK$42.3b	37.6x	15.7x	1.8x
Wed, 14 May 2025	HK$585.2b	HK$363.7b	HK$41.9b	22.1x	14x	1.6x
Fri, 11 Apr 2025	HK$530.8b	HK$350.3b	HK$36.6b	16.3x	14.5x	1.5x
Sun, 09 Mar 2025	HK$519.8b	HK$345.5b	HK$33.4b	17.3x	15.5x	1.5x
Tue, 04 Feb 2025	HK$502.1b	HK$345.8b	HK$33.5b	15.2x	15x	1.5x
Thu, 02 Jan 2025	HK$461.8b	HK$342.3b	HK$33.1b	16x	13.9x	1.3x
Sat, 30 Nov 2024	HK$484.1b	HK$345.7b	HK$33.5b	16.3x	14.5x	1.4x
Mon, 28 Oct 2024	HK$543.6b	HK$350.1b	HK$34.0b	14.8x	16x	1.6x
Wed, 25 Sep 2024	HK$530.9b	HK$348.6b	HK$30.4b	16.7x	17.5x	1.5x
Fri, 23 Aug 2024	HK$516.6b	HK$344.2b	HK$25.4b	17.8x	20.3x	1.5x
Sun, 21 Jul 2024	HK$553.4b	HK$338.6b	HK$25.0b	18.6x	22.1x	1.6x
Tue, 18 Jun 2024	HK$523.5b	HK$338.7b	HK$25.0b	18.4x	20.9x	1.5x
Thu, 16 May 2024	HK$572.0b	HK$340.2b	HK$25.1b	23x	22.8x	1.7x
Sat, 13 Apr 2024	HK$569.7b	HK$340.6b	HK$24.1b	25.8x	23.6x	1.7x
Mon, 11 Mar 2024	HK$455.9b	HK$341.9b	HK$22.1b	30.9x	20.6x	1.3x
Wed, 07 Feb 2024	HK$371.1b	HK$345.7b	HK$22.4b	25.4x	16.6x	1.1x
Fri, 05 Jan 2024	HK$390.0b	HK$344.4b	HK$19.2b	27.2x	20.3x	1.1x
Sun, 03 Dec 2023	HK$378.3b	HK$344.8b	HK$19.2b	38x	19.7x	1.1x
Tue, 31 Oct 2023	HK$383.0b	HK$336.0b	HK$18.6b	27.7x	20.6x	1.1x
Thu, 28 Sep 2023	HK$384.7b	HK$333.1b	HK$16.6b	21.6x	23.1x	1.2x
Sat, 26 Aug 2023	HK$382.7b	HK$324.3b	HK$18.6b	22.3x	20.6x	1.2x
Mon, 24 Jul 2023	HK$396.2b	HK$327.8b	HK$18.8b	20.4x	21.1x	1.2x
Wed, 21 Jun 2023	HK$373.5b	HK$328.5b	HK$18.9b	15x	19.7x	1.1x
Fri, 19 May 2023	HK$362.1b	HK$335.4b	HK$19.4b	18x	18.7x	1.1x
Sun, 16 Apr 2023	HK$461.7b	HK$332.8b	HK$20.8b	16.7x	22.2x	1.4x
Tue, 14 Mar 2023	HK$390.3b	HK$315.8b	HK$21.5b	14x	18.1x	1.2x
Thu, 09 Feb 2023	HK$378.2b	HK$320.0b	HK$21.8b	13.3x	17.3x	1.2x
Sat, 07 Jan 2023	HK$342.0b	HK$315.9b	HK$21.5b	12.6x	15.9x	1.1x

Price to Earnings Ratio

15.9x

Sat, 07 Jan 2023

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 49.9x which is higher than its 3-year average PE of 20.7x.

The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 8.1x.

Past Earnings Growth

The earnings for companies in the Gold industry have declined 20% 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.