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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Mar 2025HK$579.8bHK$344.6bHK$33.2b18.8x17.5x1.7x
Sun, 16 Feb 2025HK$539.3bHK$345.0bHK$33.4b15.4x16.1x1.6x
Tue, 14 Jan 2025HK$501.6bHK$341.6bHK$33.1b15x15.2x1.5x
Thu, 12 Dec 2024HK$496.8bHK$344.0bHK$33.3b16.4x14.9x1.4x
Sat, 09 Nov 2024HK$531.8bHK$348.6bHK$33.8b14.4x15.7x1.5x
Mon, 07 Oct 2024HK$576.9bHK$346.7bHK$30.2b16.4x19.1x1.7x
Wed, 04 Sep 2024HK$490.2bHK$344.9bHK$30.1b15x16.3x1.4x
Fri, 02 Aug 2024HK$522.9bHK$339.9bHK$25.1b18.3x20.8x1.5x
Sun, 30 Jun 2024HK$539.9bHK$338.7bHK$25.0b18.6x21.6x1.6x
Tue, 28 May 2024HK$565.8bHK$339.2bHK$25.0b21.1x22.6x1.7x
Thu, 25 Apr 2024HK$537.7bHK$340.1bHK$25.1b22.2x21.4x1.6x
Sat, 23 Mar 2024HK$468.5bHK$339.8bHK$22.0b18.9x21.3x1.4x
Mon, 19 Feb 2024HK$379.9bHK$341.6bHK$22.1b26.9x17.2x1.1x
Wed, 17 Jan 2024HK$377.0bHK$343.1bHK$19.1b26.4x19.7x1.1x
Fri, 15 Dec 2023HK$355.2bHK$344.7bHK$19.2b38.5x18.5x1x
Sun, 12 Nov 2023HK$360.7bHK$337.5bHK$18.7b47.8x19.3x1.1x
Tue, 10 Oct 2023HK$377.0bHK$334.4bHK$16.7b21.6x22.6x1.1x
Thu, 07 Sep 2023HK$404.6bHK$334.4bHK$16.7b26.6x24.2x1.2x
Sat, 05 Aug 2023HK$401.4bHK$327.5bHK$18.8b21.8x21.3x1.2x
Mon, 03 Jul 2023HK$355.7bHK$325.4bHK$18.7b14.6x19x1.1x
Wed, 31 May 2023HK$344.9bHK$333.4bHK$19.3b18.6x17.9x1x
Fri, 28 Apr 2023HK$420.1bHK$330.0bHK$20.6b18.3x20.4x1.3x
Sun, 26 Mar 2023HK$364.5bHK$319.6bHK$21.5b14.2x17x1.1x
Tue, 21 Feb 2023HK$378.0bHK$315.8bHK$21.5b13.8x17.6x1.2x
Thu, 19 Jan 2023HK$374.7bHK$320.3bHK$21.9b13.3x17.1x1.2x
Sat, 17 Dec 2022HK$329.2bHK$308.9bHK$21.0b12.1x15.7x1.1x
Mon, 14 Nov 2022HK$315.2bHK$305.1bHK$20.7b11.6x15.2x1x
Wed, 12 Oct 2022HK$244.7bHK$289.3bHK$21.1b9.7x11.6x0.8x
Fri, 09 Sep 2022HK$285.2bHK$297.1bHK$21.7b10.5x13.1x1x
Sun, 07 Aug 2022HK$292.3bHK$298.4bHK$19.6b11.7x14.9x1x
Tue, 05 Jul 2022HK$306.9bHK$300.9bHK$19.8b12.1x15.5x1x
Thu, 02 Jun 2022HK$325.6bHK$302.3bHK$19.3b16.4x16.9x1.1x
Sat, 30 Apr 2022HK$365.9bHK$304.4bHK$19.4b18.8x18.8x1.2x
Mon, 28 Mar 2022HK$378.6bHK$294.3bHK$15.7b20x24.1x1.3x
Price to Earnings Ratio

24.1x


Total Market Cap: HK$378.6bTotal Earnings: HK$15.7bTotal Revenue: HK$294.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Gold Industry Price to Earnings3Y Average 18.2x202320242025
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 Market2.95%
Materials5.68%
Metals and Mining6.57%
Gold11.58%
Copper5.88%
Diversified Metals and Mining5.32%
Steel2.71%
Aluminum1.33%
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?

CompanyLast Price7D1YValuation
2899 Zijin Mining GroupHK$17.281.2%
+HK$5.3b
13.5%PE14.6x
340 Tongguan Gold GroupHK$0.816.6%
+HK$203.5m
95.2%PE25.5x
8299 GT Gold HoldingsHK$0.1220.2%
+HK$148.6m
-32.4%PE14.4x
621 Taung Gold InternationalHK$0.07112.7%
+HK$145.2m
n/aPB0.6x
1818 Zhaojin Mining IndustryHK$15.040.3%
+HK$136.1m
63.7%PE49.6x
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