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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 01, 2026
DataAggregated Company Financials
Companies22
- 7D-3.6%
- 3M-5.8%
- 1Y23.3%
- YTDn/a
Over the last 7 days, the Steel industry has risen 1.9%, driven by gains in Hanking Gold International and Add New Energy Investment Holdings Group of 9.8% and -7.3%, respectively. In the same time, Shougang Fushan Resources Group was down 15%. In the last 12 months, the industry was up 29%. Looking forward, earnings are forecast to grow by 73% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 01 Apr 2026 | HK$126.2b | HK$379.9b | -HK$7,261,390,725.00 | 19.7x | -17.4x | 0.3x |
| Fri, 27 Feb 2026 | HK$142.2b | HK$388.2b | -HK$8,024,562,599.44 | 17.7x | -17.7x | 0.4x |
| Sun, 25 Jan 2026 | HK$142.6b | HK$380.7b | -HK$7,838,481,990.09 | 16.7x | -18.2x | 0.4x |
| Tue, 23 Dec 2025 | HK$128.5b | HK$376.3b | -HK$7,724,723,161.21 | 15.6x | -16.6x | 0.3x |
| Thu, 20 Nov 2025 | HK$132.0b | HK$373.0b | -HK$7,639,827,071.27 | 15.8x | -17.3x | 0.4x |
| Sat, 18 Oct 2025 | HK$134.2b | HK$369.1b | -HK$11,546,853,922.40 | 11.2x | -11.6x | 0.4x |
| Mon, 15 Sep 2025 | HK$123.5b | HK$368.9b | -HK$11,495,819,228.82 | 9.7x | -10.7x | 0.3x |
| Wed, 13 Aug 2025 | HK$125.7b | HK$394.5b | -HK$10,985,513,737.93 | 5.3x | -11.4x | 0.3x |
| Fri, 11 Jul 2025 | HK$112.8b | HK$395.2b | -HK$11,013,714,203.53 | 5.1x | -10.2x | 0.3x |
| Sun, 08 Jun 2025 | HK$103.4b | HK$395.0b | -HK$11,353,193,712.15 | 4.5x | -9.1x | 0.3x |
| Tue, 06 May 2025 | HK$96.0b | HK$385.7b | -HK$10,660,786,842.29 | 4.1x | -9x | 0.2x |
| Thu, 03 Apr 2025 | HK$98.9b | HK$392.4b | -HK$12,304,090,132.85 | 4x | -8x | 0.3x |
| Sat, 01 Mar 2025 | HK$98.4b | HK$411.0b | -HK$8,583,450,452.57 | 6.8x | -11.5x | 0.2x |
| Mon, 27 Jan 2025 | HK$98.9b | HK$413.1b | -HK$8,637,541,940.07 | 6.5x | -11.4x | 0.2x |
| Wed, 25 Dec 2024 | HK$98.1b | HK$409.4b | -HK$8,529,796,036.64 | 6.6x | -11.5x | 0.2x |
| Fri, 22 Nov 2024 | HK$98.4b | HK$413.1b | -HK$8,637,095,658.08 | 6.4x | -11.4x | 0.2x |
| Sun, 20 Oct 2024 | HK$96.6b | HK$433.1b | -HK$4,303,360,087.57 | 7x | -22.4x | 0.2x |
| Tue, 17 Sep 2024 | HK$79.3b | HK$434.6b | -HK$4,350,806,076.45 | 6.5x | -18.2x | 0.2x |
| Thu, 15 Aug 2024 | HK$84.9b | HK$442.6b | -HK$5,089,173,282.86 | 6.9x | -16.7x | 0.2x |
| Sat, 13 Jul 2024 | HK$92.0b | HK$437.1b | -HK$4,983,023,567.71 | 7.6x | -18.5x | 0.2x |
| Mon, 10 Jun 2024 | HK$94.4b | HK$437.6b | -HK$4,992,368,164.54 | 7.8x | -18.9x | 0.2x |
| Wed, 08 May 2024 | HK$98.1b | HK$439.8b | -HK$5,032,740,281.99 | 7.3x | -19.5x | 0.2x |
| Fri, 05 Apr 2024 | HK$97.9b | HK$448.6b | -HK$3,357,665,561.30 | 7.3x | -29.1x | 0.2x |
| Sun, 03 Mar 2024 | HK$107.3b | HK$448.3b | -HK$2,704,240,492.16 | 5.3x | -39.7x | 0.2x |
| Tue, 30 Jan 2024 | HK$103.0b | HK$464.7b | -HK$4,183,476,499.00 | 3.8x | -24.6x | 0.2x |
| Thu, 28 Dec 2023 | HK$100.8b | HK$466.5b | -HK$4,212,436,721.00 | 4.4x | -23.9x | 0.2x |
| Sat, 25 Nov 2023 | HK$102.3b | HK$465.4b | -HK$4,197,580,128.00 | 4.2x | -24.4x | 0.2x |
| Mon, 23 Oct 2023 | HK$96.5b | HK$459.3b | -HK$7,014,496,892.00 | 4x | -13.8x | 0.2x |
| Wed, 20 Sep 2023 | HK$103.8b | HK$460.4b | -HK$7,012,842,128.00 | 4x | -14.8x | 0.2x |
| Fri, 18 Aug 2023 | HK$101.9b | HK$474.9b | -HK$1,027,377,342.00 | 4.1x | -99.2x | 0.2x |
| Sun, 16 Jul 2023 | HK$98.2b | HK$479.6b | -HK$2,441,219,020.00 | 4.6x | -40.2x | 0.2x |
| Tue, 13 Jun 2023 | HK$97.6b | HK$480.7b | -HK$2,454,176,746.00 | 4.2x | -39.8x | 0.2x |
| Thu, 11 May 2023 | HK$112.9b | HK$494.7b | -HK$2,615,113,691.00 | 5.2x | -43.2x | 0.2x |
| Sat, 08 Apr 2023 | HK$108.8b | HK$507.5b | HK$1.7b | 5.2x | 62.3x | 0.2x |
Price to Earnings Ratio
62.3x
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 | -1.06% | |
| Materials | -0.57% | |
| Metals and Mining | -0.09% | |
| Steel | -3.56% | |
| Silver | 3.30% | |
| Aluminum | 2.65% | |
| Gold | -0.41% | |
| Copper | -2.83% | |
| Diversified Metals and Mining | -2.85% | |
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 | |
|---|---|---|---|---|---|
| 3788 Hanking Gold International | HK$4.29 | 15.0% +HK$1.2b | 329.0% | PE48.2x | |
| 2623 Add New Energy Investment Holdings Group | HK$5.39 | -6.4% HK$814.4m | 862.5% | PE33.4x | |
| 581 China Oriental Group | HK$1.30 | 3.2% +HK$148.9m | -3.7% | PE18.9x | |
| 1553 Maike Tube Industry Holdings | HK$1.53 | 5.5% +HK$34.7m | 13.3% | PE4.2x | |
| 61 Green Leader Holdings Group | HK$0.074 | 2.8% +HK$1.1m | 5.7% | PE0.06x |