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Hong Kong (HSI) Steel Industry Analysis
UpdatedDec 23, 2025
DataAggregated Company Financials
Companies22
- 7D0.3%
- 3M-2.3%
- 1Y45.6%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.7%, driven by China Hanking Holdings declining 6.0%. In the past year, the industry has gained 43%. As for the next few years, earnings are expected to grow by 85% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Mon, 06 Mar 2023 | HK$120.5b | HK$507.1b | HK$5.5b | 3.9x | 21.9x | 0.2x |
| Wed, 01 Feb 2023 | HK$119.2b | HK$517.1b | HK$5.6b | 4.1x | 21.5x | 0.2x |
| Fri, 30 Dec 2022 | HK$111.6b | HK$545.8b | HK$8.9b | 3.6x | 12.6x | 0.2x |
Price to Earnings Ratio
12.6x
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 0.24x.
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 12% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 0.39% | |
| Materials | 1.34% | |
| Metals and Mining | 1.73% | |
| Steel | 0.28% | |
| Diversified Metals and Mining | 8.58% | |
| Copper | 6.81% | |
| Silver | 2.82% | |
| Aluminum | 1.55% | |
| Gold | -1.51% | |
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$2.50 | 8.7% +HK$1.5b | 76.1% | PS0.2x | |
| 3788 China Hanking Holdings | HK$3.79 | 6.8% +HK$488.4m | 392.2% | PE39.2x | |
| 975 Mongolian Mining | HK$11.00 | 4.1% +HK$445.1m | 52.6% | PE17.8x | |
| 347 Angang Steel | HK$1.89 | 1.6% +HK$281.1m | 25.2% | PS0.2x | |
| 1053 Chongqing Iron & Steel | HK$1.17 | 0.9% +HK$88.5m | 27.2% | PS0.4x |
