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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 12, 2026
DataAggregated Company Financials
Companies22
- 7D4.1%
- 3M-3.9%
- 1Y45.6%
- YTDn/a
Over the last 7 days, the Steel industry has risen 4.1%, driven by gains from Maanshan Iron & Steel of 13%. Meanwhile, Hanking Gold International actually underperformed within the industry, shrinking 5.9% in the last week. This takes the industry's 12 month performance to a gain of 46%. As for the next few years, earnings are expected to grow by 60% per annum.
Industry Valuation and Performance
Has the Hong Kong Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Apr 2026 | HK$130.9b | HK$381.2b | -HK$8,104,337,477.96 | 21.2x | -16.1x | 0.3x |
| Tue, 10 Mar 2026 | HK$138.4b | HK$384.0b | -HK$7,903,147,939.04 | 16.4x | -17.5x | 0.4x |
| Thu, 05 Feb 2026 | HK$139.7b | HK$382.5b | -HK$7,885,739,742.52 | 16.9x | -17.7x | 0.4x |
| Sat, 03 Jan 2026 | HK$131.4b | HK$379.3b | -HK$7,802,182,193.91 | 15.7x | -16.8x | 0.3x |
| Mon, 01 Dec 2025 | HK$127.5b | HK$374.7b | -HK$7,683,840,495.35 | 15.3x | -16.6x | 0.3x |
| Wed, 29 Oct 2025 | HK$130.5b | HK$370.4b | -HK$11,597,762,516.65 | 11.2x | -11.3x | 0.4x |
| Fri, 26 Sep 2025 | HK$123.6b | HK$369.6b | -HK$11,567,807,176.33 | 9.9x | -10.7x | 0.3x |
| Sun, 24 Aug 2025 | HK$121.0b | HK$393.9b | -HK$11,036,837,380.79 | 5.3x | -11x | 0.3x |
| Tue, 22 Jul 2025 | HK$117.7b | HK$395.1b | -HK$11,010,591,280.32 | 5.5x | -10.7x | 0.3x |
| Thu, 19 Jun 2025 | HK$104.1b | HK$395.2b | -HK$11,360,399,657.83 | 4.5x | -9.2x | 0.3x |
| Sat, 17 May 2025 | HK$96.4b | HK$392.7b | -HK$11,266,837,295.04 | 4.3x | -8.6x | 0.2x |
| Mon, 14 Apr 2025 | HK$91.7b | HK$390.6b | -HK$12,230,697,362.25 | 4x | -7.5x | 0.2x |
| Wed, 12 Mar 2025 | HK$101.7b | HK$412.8b | -HK$8,640,624,266.36 | 7.4x | -11.8x | 0.2x |
| Fri, 07 Feb 2025 | HK$98.5b | HK$410.8b | -HK$8,567,345,719.93 | 6.8x | -11.5x | 0.2x |
| Sun, 05 Jan 2025 | HK$94.8b | HK$408.8b | -HK$8,509,907,527.12 | 6.4x | -11.1x | 0.2x |
| Tue, 03 Dec 2024 | HK$99.5b | HK$411.3b | -HK$8,584,801,111.26 | 6.8x | -11.6x | 0.2x |
| Thu, 31 Oct 2024 | HK$99.3b | HK$431.9b | -HK$4,283,287,955.85 | 7x | -23.2x | 0.2x |
| Sat, 28 Sep 2024 | HK$93.0b | HK$438.4b | -HK$4,395,267,560.72 | 7.9x | -21.2x | 0.2x |
| Mon, 26 Aug 2024 | HK$82.4b | HK$443.7b | -HK$4,912,003,663.37 | 6.7x | -16.8x | 0.2x |
| Wed, 24 Jul 2024 | HK$87.2b | HK$435.9b | -HK$4,959,289,543.60 | 7.4x | -17.6x | 0.2x |
| Fri, 21 Jun 2024 | HK$91.9b | HK$436.5b | -HK$4,971,826,175.54 | 7.8x | -18.5x | 0.2x |
| Sun, 19 May 2024 | HK$99.8b | HK$438.5b | -HK$5,009,008,505.94 | 7.9x | -19.9x | 0.2x |
| Tue, 16 Apr 2024 | HK$100.0b | HK$448.3b | -HK$3,353,662,541.96 | 7.4x | -29.8x | 0.2x |
| Thu, 14 Mar 2024 | HK$100.9b | HK$448.2b | -HK$2,704,106,787.00 | 4.6x | -37.3x | 0.2x |
| Sat, 10 Feb 2024 | HK$102.2b | HK$448.7b | -HK$2,719,178,054.43 | 3.8x | -37.6x | 0.2x |
| Mon, 08 Jan 2024 | HK$105.3b | HK$467.1b | -HK$4,221,561,115.00 | 4.3x | -24.9x | 0.2x |
| Wed, 06 Dec 2023 | HK$100.8b | HK$467.3b | -HK$4,222,867,036.00 | 4.3x | -23.9x | 0.2x |
| Fri, 03 Nov 2023 | HK$98.5b | HK$457.4b | -HK$4,044,800,062.00 | 3.9x | -24.3x | 0.2x |
| Sun, 01 Oct 2023 | HK$102.5b | HK$460.5b | -HK$7,043,859,189.00 | 4.1x | -14.6x | 0.2x |
| Tue, 29 Aug 2023 | HK$101.8b | HK$473.8b | -HK$1,775,559,912.00 | 4.1x | -57.3x | 0.2x |
| Thu, 27 Jul 2023 | HK$102.8b | HK$478.3b | -HK$2,426,469,000.00 | 4.6x | -42.4x | 0.2x |
| Sat, 24 Jun 2023 | HK$92.9b | HK$478.0b | -HK$2,423,546,887.00 | 4.2x | -38.3x | 0.2x |
| Mon, 22 May 2023 | HK$105.9b | HK$487.9b | -HK$2,536,760,828.00 | 5x | -41.7x | 0.2x |
| Wed, 19 Apr 2023 | HK$113.3b | HK$506.1b | HK$1.8b | 5.5x | 61.8x | 0.2x |
Price to Earnings Ratio
61.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Steel industry, and appear confident in long term growth rates.
- The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
- Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 9.0% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 2.27% | |
| Materials | 4.19% | |
| Metals and Mining | 4.56% | |
| Steel | 4.08% | |
| Diversified Metals and Mining | 6.56% | |
| Copper | 6.24% | |
| Aluminum | 4.17% | |
| Gold | 3.84% | |
| Silver | 0% | 0 |
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 | |
|---|---|---|---|---|---|
| 323 Maanshan Iron & Steel | HK$2.82 | 12.8% +HK$2.5b | 69.9% | PS0.2x | |
| 347 Angang Steel | HK$1.58 | 4.6% +HK$655.8m | 5.3% | PS0.1x | |
| 581 China Oriental Group | HK$1.42 | 10.9% +HK$521.2m | 25.7% | PE20.5x | |
| 975 Mongolian Mining | HK$10.72 | 3.6% +HK$382.9m | 96.0% | PE232.2x | |
| 1053 Chongqing Iron & Steel | HK$1.15 | 2.7% +HK$265.6m | 43.8% | PS0.4x |