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Hong Kong (HSI) Gold Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies9
- 7D-5.0%
- 3M-12.6%
- 1Y13.4%
- YTDn/a
Over the last 7 days, the Gold industry has dropped 6.8%, driven by a pullback from Zijin Mining Group of 8.1%. On the other hand Taung Gold International is actually up 11%. In the past year, the industry has gained 17%. Earnings are forecast to grow by 19% 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, 21 Dec 2024 | HK$456.8b | HK$342.5b | HK$33.2b | 15.4x | 13.8x | 1.3x |
| Mon, 18 Nov 2024 | HK$482.4b | HK$346.4b | HK$33.5b | 14.4x | 14.4x | 1.4x |
| Wed, 16 Oct 2024 | HK$536.6b | HK$344.4b | HK$30.3b | 15.5x | 17.7x | 1.6x |
| Fri, 13 Sep 2024 | HK$452.8b | HK$345.1b | HK$30.1b | 15.5x | 15x | 1.3x |
| Sun, 11 Aug 2024 | HK$487.3b | HK$343.0b | HK$25.3b | 16.9x | 19.3x | 1.4x |
| Tue, 09 Jul 2024 | HK$571.6b | HK$338.6b | HK$25.0b | 19.7x | 22.9x | 1.7x |
| Thu, 06 Jun 2024 | HK$527.7b | HK$339.1b | HK$25.0b | 20x | 21.1x | 1.6x |
| Sat, 04 May 2024 | HK$541.3b | HK$339.7b | HK$25.1b | 21.9x | 21.6x | 1.6x |
| Mon, 01 Apr 2024 | HK$507.0b | HK$340.9b | HK$24.1b | 20.4x | 21x | 1.5x |
| Wed, 28 Feb 2024 | HK$402.6b | HK$341.5b | HK$22.1b | 28.1x | 18.2x | 1.2x |
| Fri, 26 Jan 2024 | HK$375.7b | HK$343.8b | HK$19.2b | 25.8x | 19.6x | 1.1x |
| Sun, 24 Dec 2023 | HK$381.5b | HK$345.4b | HK$19.3b | 27x | 19.8x | 1.1x |
| Tue, 21 Nov 2023 | HK$367.9b | HK$342.3b | HK$19.0b | 45.6x | 19.4x | 1.1x |
| Thu, 19 Oct 2023 | HK$371.7b | HK$333.2b | HK$16.6b | 24.4x | 22.3x | 1.1x |
| Sat, 16 Sep 2023 | HK$404.2b | HK$334.9b | HK$16.7b | 21.8x | 24.1x | 1.2x |
| Mon, 14 Aug 2023 | HK$390.0b | HK$325.6b | HK$18.7b | 22.3x | 20.9x | 1.2x |
| Wed, 12 Jul 2023 | HK$371.7b | HK$327.6b | HK$18.9b | 14.8x | 19.7x | 1.1x |
| Fri, 09 Jun 2023 | HK$367.4b | HK$331.2b | HK$19.1b | 17x | 19.2x | 1.1x |
| Sun, 07 May 2023 | HK$420.9b | HK$342.0b | HK$19.8b | 19.2x | 21.2x | 1.2x |
| Tue, 04 Apr 2023 | HK$399.6b | HK$331.6b | HK$20.7b | 14.7x | 19.3x | 1.2x |
| Thu, 02 Mar 2023 | HK$382.9b | HK$316.4b | HK$21.6b | 13.9x | 17.8x | 1.2x |
| Sat, 28 Jan 2023 | HK$395.2b | HK$319.3b | HK$21.8b | 14.7x | 18.1x | 1.2x |
| Mon, 26 Dec 2022 | HK$318.8b | HK$309.0b | HK$21.0b | 11.9x | 15.2x | 1x |
| Wed, 23 Nov 2022 | HK$299.1b | HK$301.3b | HK$20.4b | 11.1x | 14.7x | 1x |
| Fri, 21 Oct 2022 | HK$243.1b | HK$286.4b | HK$20.8b | 9.3x | 11.7x | 0.8x |
| Sun, 18 Sep 2022 | HK$274.0b | HK$296.1b | HK$21.6b | 10.1x | 12.7x | 0.9x |
| Tue, 16 Aug 2022 | HK$298.9b | HK$306.9b | HK$22.5b | 10.5x | 13.3x | 1x |
| Thu, 14 Jul 2022 | HK$287.2b | HK$300.0b | HK$19.7b | 12.6x | 14.6x | 1x |
| Sat, 11 Jun 2022 | HK$336.0b | HK$301.5b | HK$19.2b | 15.2x | 17.5x | 1.1x |
| Mon, 09 May 2022 | HK$332.0b | HK$302.7b | HK$19.3b | 19.6x | 17.2x | 1.1x |
| Wed, 06 Apr 2022 | HK$380.5b | HK$294.8b | HK$15.8b | 18.4x | 24x | 1.3x |
| Fri, 04 Mar 2022 | HK$399.2b | HK$276.1b | HK$16.3b | 19.5x | 24.5x | 1.4x |
| Sun, 30 Jan 2022 | HK$328.7b | HK$273.5b | HK$16.1b | 14.4x | 20.4x | 1.2x |
| Tue, 28 Dec 2021 | HK$324.9b | HK$273.7b | HK$16.2b | 14x | 20.1x | 1.2x |
Price to Earnings Ratio
20.1x
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 14.2x which is lower than its 3-year average PE of 18.7x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 7.8% 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 | -0.53% | |
| Materials | -4.46% | |
| Metals and Mining | -4.71% | |
| Gold | -5.00% | |
| Precious Metals and Minerals | 0% | |
| Steel | -3.01% | |
| Silver | -3.20% | |
| Aluminum | -4.12% | |
| Copper | -5.12% | |
| Diversified Metals and Mining | -5.48% | |
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 | |
|---|---|---|---|---|---|
| 621 Taung Gold International | HK$0.03 | 11.1% +HK$54.5m | n/a | PB0.2x | |
| 1182 Success Dragon International Holdings | HK$0.31 | 3.3% +HK$3.5m | 140.3% | PE91.1x |
