Here's Why We Think Zhaojin Mining Industry (HKG:1818) Might Deserve Your Attention Today
Mar 20
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Hong Kong (HSI) Gold Industry Analysis
UpdatedMar 21, 2025
DataAggregated Company Financials
Companies9
- 7D11.6%
- 3M32.3%
- 1Y20.7%
- YTDn/a
In the last week, the Gold industry is up 13%, with Zijin Mining Group up 12%. Meanwhile, Tongguan Gold Group actually underperformed within the industry, shrinking 11% in the last week. This takes the industry's 12 month performance to a gain of 24%. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Mar 2025 | HK$579.8b | HK$344.6b | HK$33.2b | 18.8x | 17.5x | 1.7x |
| Sun, 16 Feb 2025 | HK$539.3b | HK$345.0b | HK$33.4b | 15.4x | 16.1x | 1.6x |
| Tue, 14 Jan 2025 | HK$501.6b | HK$341.6b | HK$33.1b | 15x | 15.2x | 1.5x |
| Thu, 12 Dec 2024 | HK$496.8b | HK$344.0b | HK$33.3b | 16.4x | 14.9x | 1.4x |
| Sat, 09 Nov 2024 | HK$531.8b | HK$348.6b | HK$33.8b | 14.4x | 15.7x | 1.5x |
| Mon, 07 Oct 2024 | HK$576.9b | HK$346.7b | HK$30.2b | 16.4x | 19.1x | 1.7x |
| Wed, 04 Sep 2024 | HK$490.2b | HK$344.9b | HK$30.1b | 15x | 16.3x | 1.4x |
| Fri, 02 Aug 2024 | HK$522.9b | HK$339.9b | HK$25.1b | 18.3x | 20.8x | 1.5x |
| Sun, 30 Jun 2024 | HK$539.9b | HK$338.7b | HK$25.0b | 18.6x | 21.6x | 1.6x |
| Tue, 28 May 2024 | HK$565.8b | HK$339.2b | HK$25.0b | 21.1x | 22.6x | 1.7x |
| Thu, 25 Apr 2024 | HK$537.7b | HK$340.1b | HK$25.1b | 22.2x | 21.4x | 1.6x |
| Sat, 23 Mar 2024 | HK$468.5b | HK$339.8b | HK$22.0b | 18.9x | 21.3x | 1.4x |
| Mon, 19 Feb 2024 | HK$379.9b | HK$341.6b | HK$22.1b | 26.9x | 17.2x | 1.1x |
| Wed, 17 Jan 2024 | HK$377.0b | HK$343.1b | HK$19.1b | 26.4x | 19.7x | 1.1x |
| Fri, 15 Dec 2023 | HK$355.2b | HK$344.7b | HK$19.2b | 38.5x | 18.5x | 1x |
| Sun, 12 Nov 2023 | HK$360.7b | HK$337.5b | HK$18.7b | 47.8x | 19.3x | 1.1x |
| Tue, 10 Oct 2023 | HK$377.0b | HK$334.4b | HK$16.7b | 21.6x | 22.6x | 1.1x |
| Thu, 07 Sep 2023 | HK$404.6b | HK$334.4b | HK$16.7b | 26.6x | 24.2x | 1.2x |
| Sat, 05 Aug 2023 | HK$401.4b | HK$327.5b | HK$18.8b | 21.8x | 21.3x | 1.2x |
| Mon, 03 Jul 2023 | HK$355.7b | HK$325.4b | HK$18.7b | 14.6x | 19x | 1.1x |
| Wed, 31 May 2023 | HK$344.9b | HK$333.4b | HK$19.3b | 18.6x | 17.9x | 1x |
| Fri, 28 Apr 2023 | HK$420.1b | HK$330.0b | HK$20.6b | 18.3x | 20.4x | 1.3x |
| Sun, 26 Mar 2023 | HK$364.5b | HK$319.6b | HK$21.5b | 14.2x | 17x | 1.1x |
| Tue, 21 Feb 2023 | HK$378.0b | HK$315.8b | HK$21.5b | 13.8x | 17.6x | 1.2x |
| Thu, 19 Jan 2023 | HK$374.7b | HK$320.3b | HK$21.9b | 13.3x | 17.1x | 1.2x |
| Sat, 17 Dec 2022 | HK$329.2b | HK$308.9b | HK$21.0b | 12.1x | 15.7x | 1.1x |
| Mon, 14 Nov 2022 | HK$315.2b | HK$305.1b | HK$20.7b | 11.6x | 15.2x | 1x |
| Wed, 12 Oct 2022 | HK$244.7b | HK$289.3b | HK$21.1b | 9.7x | 11.6x | 0.8x |
| Fri, 09 Sep 2022 | HK$285.2b | HK$297.1b | HK$21.7b | 10.5x | 13.1x | 1x |
| Sun, 07 Aug 2022 | HK$292.3b | HK$298.4b | HK$19.6b | 11.7x | 14.9x | 1x |
| Tue, 05 Jul 2022 | HK$306.9b | HK$300.9b | HK$19.8b | 12.1x | 15.5x | 1x |
| Thu, 02 Jun 2022 | HK$325.6b | HK$302.3b | HK$19.3b | 16.4x | 16.9x | 1.1x |
| Sat, 30 Apr 2022 | HK$365.9b | HK$304.4b | HK$19.4b | 18.8x | 18.8x | 1.2x |
| Mon, 28 Mar 2022 | HK$378.6b | HK$294.3b | HK$15.7b | 20x | 24.1x | 1.3x |
Price to Earnings Ratio
24.1x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Gold industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 18.2x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Gold industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 5.5% 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 | 2.95% | |
| Materials | 5.68% | |
| Metals and Mining | 6.57% | |
| Gold | 11.58% | |
| Copper | 5.88% | |
| Diversified Metals and Mining | 5.32% | |
| Steel | 2.71% | |
| Aluminum | 1.33% | |
| Silver | -12.82% | |
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 | |
|---|---|---|---|---|---|
| 2899 Zijin Mining Group | HK$17.28 | 1.2% +HK$5.3b | 13.5% | PE14.6x | |
| 340 Tongguan Gold Group | HK$0.81 | 6.6% +HK$203.5m | 95.2% | PE25.5x | |
| 8299 GT Gold Holdings | HK$0.12 | 20.2% +HK$148.6m | -32.4% | PE14.4x | |
| 621 Taung Gold International | HK$0.071 | 12.7% +HK$145.2m | n/a | PB0.6x | |
| 1818 Zhaojin Mining Industry | HK$15.04 | 0.3% +HK$136.1m | 63.7% | PE49.6x |
