Earnings Tell The Story For Zhaojin Mining Industry Company Limited (HKG:1818)
Dec 14
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Hong Kong (HSI) Gold Industry Analysis
UpdatedDec 14, 2025
DataAggregated Company Financials
Companies9
- 7D-0.01%
- 3M1.0%
- 1Y203.6%
- YTDn/a
The Gold is pretty flat in the last 7 days, but Tongguan Gold Group has stood out, gaining 6.3%. As for the the longer term, the industry is up 204% over the past 12 months. Looking forward, 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 |
|---|---|---|---|---|---|---|
| Sun, 14 Dec 2025 | HK$545.5b | HK$67.6b | HK$10.9b | 28.5x | 49.8x | 8.1x |
| Tue, 11 Nov 2025 | HK$538.7b | HK$66.3b | HK$10.8b | 27.6x | 49.7x | 8.1x |
| Thu, 09 Oct 2025 | HK$1.4t | HK$415.0b | HK$54.5b | 29.6x | 26.1x | 3.4x |
| Sat, 06 Sep 2025 | HK$872.1b | HK$387.1b | HK$48.4b | 18.8x | 18x | 2.3x |
| Mon, 04 Aug 2025 | HK$652.4b | HK$365.7b | HK$42.1b | 21.1x | 15.5x | 1.8x |
| Wed, 02 Jul 2025 | HK$659.2b | HK$368.1b | HK$42.4b | 27x | 15.6x | 1.8x |
| Fri, 30 May 2025 | HK$603.7b | HK$366.5b | HK$42.2b | 30.3x | 14.3x | 1.6x |
| Sun, 27 Apr 2025 | HK$571.5b | HK$357.7b | HK$41.2b | 20.2x | 13.9x | 1.6x |
| Tue, 25 Mar 2025 | HK$572.1b | HK$351.5b | HK$36.6b | 18x | 15.6x | 1.6x |
| Thu, 20 Feb 2025 | HK$516.4b | HK$343.6b | HK$33.3b | 16.1x | 15.5x | 1.5x |
| Sat, 18 Jan 2025 | HK$497.7b | HK$341.7b | HK$33.1b | 14.7x | 15x | 1.5x |
| Mon, 16 Dec 2024 | HK$477.6b | HK$343.8b | HK$33.3b | 16.3x | 14.4x | 1.4x |
| Wed, 13 Nov 2024 | HK$492.5b | HK$345.5b | HK$33.5b | 14.5x | 14.7x | 1.4x |
| Fri, 11 Oct 2024 | HK$545.8b | HK$346.0b | HK$30.2b | 15.8x | 18.1x | 1.6x |
| Sun, 08 Sep 2024 | HK$466.7b | HK$346.5b | HK$30.3b | 16.3x | 15.4x | 1.3x |
| Tue, 06 Aug 2024 | HK$496.4b | HK$344.0b | HK$25.4b | 17.6x | 19.6x | 1.4x |
| Thu, 04 Jul 2024 | HK$551.5b | HK$338.5b | HK$25.0b | 19.1x | 22.1x | 1.6x |
| Sat, 01 Jun 2024 | HK$536.6b | HK$339.7b | HK$25.1b | 20.8x | 21.4x | 1.6x |
| Mon, 29 Apr 2024 | HK$560.0b | HK$339.9b | HK$25.1b | 22.8x | 22.3x | 1.6x |
| Wed, 27 Mar 2024 | HK$470.2b | HK$342.6b | HK$24.0b | 17.3x | 19.6x | 1.4x |
| Fri, 23 Feb 2024 | HK$404.8b | HK$341.7b | HK$22.1b | 26.8x | 18.3x | 1.2x |
| Sun, 21 Jan 2024 | HK$365.5b | HK$344.7b | HK$19.2b | 26.1x | 19x | 1.1x |
| Tue, 19 Dec 2023 | HK$369.1b | HK$344.2b | HK$19.1b | 39.3x | 19.3x | 1.1x |
| Thu, 16 Nov 2023 | HK$371.0b | HK$339.6b | HK$18.8b | 50x | 19.7x | 1.1x |
| Sat, 14 Oct 2023 | HK$373.4b | HK$333.5b | HK$16.7b | 23x | 22.4x | 1.1x |
| Mon, 11 Sep 2023 | HK$396.9b | HK$332.5b | HK$16.6b | 26.4x | 23.9x | 1.2x |
| Wed, 09 Aug 2023 | HK$405.9b | HK$326.1b | HK$18.7b | 21.7x | 21.7x | 1.2x |
| Fri, 07 Jul 2023 | HK$362.5b | HK$325.1b | HK$18.7b | 14.7x | 19.4x | 1.1x |
| Sun, 04 Jun 2023 | HK$373.5b | HK$333.3b | HK$19.3b | 17.2x | 19.4x | 1.1x |
| Tue, 02 May 2023 | HK$421.0b | HK$342.1b | HK$19.8b | 18.3x | 21.2x | 1.2x |
| Thu, 30 Mar 2023 | HK$398.4b | HK$331.7b | HK$20.7b | 14.8x | 19.3x | 1.2x |
| Sat, 25 Feb 2023 | HK$373.6b | HK$312.7b | HK$21.3b | 13.7x | 17.6x | 1.2x |
| Mon, 23 Jan 2023 | HK$391.8b | HK$319.2b | HK$21.8b | 13.1x | 18x | 1.2x |
| Wed, 21 Dec 2022 | HK$317.4b | HK$309.1b | HK$21.0b | 11.7x | 15.1x | 1x |
Price to Earnings Ratio
15.1x
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 49.8x which is higher than its 3-year average PE of 20.2x.
- The 3-year average PS ratio of 1.8x 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.
Industry Comparison
How does Hong Kong Gold compare with similar industries?
| HK Market | -1.75% | |
| Materials | -2.42% | |
| Metals and Mining | -2.28% | |
| Gold | -0.011% | |
| Silver | 2.82% | |
| Aluminum | -2.85% | |
| Diversified Metals and Mining | -2.97% | |
| Steel | -3.56% | |
| Copper | -4.92% | |
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 | |
|---|---|---|---|---|---|
| 340 Tongguan Gold Group | HK$2.87 | 6.3% +HK$883.6m | 474.0% | PE32.3x | |
| 3330 Lingbao Gold Group | HK$17.77 | 3.3% +HK$733.6m | 534.6% | PE17.1x | |
| 8299 GT Gold Holdings | HK$0.52 | 5.1% +HK$211.7m | 274.1% | PE46.3x | |
| 1712 Dragon Mining | HK$6.90 | 4.2% +HK$53.1m | 372.6% | PE10.7x | |
| 1182 Success Dragon International Holdings | HK$0.71 | 9.2% +HK$20.9m | 136.7% | PE6.6x |
