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Hong Kong (HSI) Steel Industry Analysis

UpdatedApr 26, 2024
DataAggregated Company Financials
Companies22
  • 7D-2.5%
  • 3M-3.5%
  • 1Y-24.8%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.5%, driven by Shougang Fushan Resources Group declining 6.4%. The industry has fallen 25% in the last year. Earnings are forecast to grow by 71% annually.

Industry Valuation and Performance

Has the Hong Kong Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Apr 2024HK$96.8bHK$447.9b-HK$3,347,657,108.497.2x-28.9x0.2x
Mon, 25 Mar 2024HK$97.6bHK$447.0b-HK$2,295,908,905.004.6x-42.5x0.2x
Wed, 21 Feb 2024HK$103.8bHK$447.9b-HK$2,718,304,653.994x-38.2x0.2x
Fri, 19 Jan 2024HK$100.5bHK$464.6b-HK$4,179,484,507.004.2x-24x0.2x
Sun, 17 Dec 2023HK$99.1bHK$468.0b-HK$4,236,052,518.004x-23.4x0.2x
Tue, 14 Nov 2023HK$99.5bHK$458.0b-HK$4,059,407,461.004x-24.5x0.2x
Thu, 12 Oct 2023HK$99.1bHK$459.8b-HK$7,028,530,544.004x-14.1x0.2x
Sat, 09 Sep 2023HK$100.7bHK$458.6b-HK$6,975,909,195.004x-14.4x0.2x
Mon, 07 Aug 2023HK$107.6bHK$477.5b-HK$2,417,609,611.005x-44.5x0.2x
Wed, 05 Jul 2023HK$95.5bHK$475.7b-HK$2,397,063,849.004.5x-39.9x0.2x
Fri, 02 Jun 2023HK$99.5bHK$482.7b-HK$2,477,560,876.004.4x-40.2x0.2x
Sun, 30 Apr 2023HK$109.0bHK$496.5b-HK$2,636,378,216.005.1x-41.3x0.2x
Tue, 28 Mar 2023HK$109.8bHK$510.7bHK$5.1b5.5x21.3x0.2x
Thu, 23 Feb 2023HK$118.4bHK$507.8bHK$5.5b3.9x21.5x0.2x
Sat, 21 Jan 2023HK$118.3bHK$514.8bHK$5.5b4.2x21.4x0.2x
Mon, 19 Dec 2022HK$116.4bHK$544.4bHK$8.8b3.9x13.2x0.2x
Wed, 16 Nov 2022HK$108.6bHK$539.8bHK$8.7b3.6x12.5x0.2x
Fri, 14 Oct 2022HK$102.7bHK$547.8bHK$16.8b4.3x6.1x0.2x
Sun, 11 Sep 2022HK$118.3bHK$564.7bHK$17.3b5.1x6.8x0.2x
Tue, 09 Aug 2022HK$125.1bHK$577.7bHK$29.0b4.9x4.3x0.2x
Thu, 07 Jul 2022HK$141.0bHK$580.8bHK$29.1b4.7x4.8x0.2x
Sat, 04 Jun 2022HK$153.5bHK$585.2bHK$29.3b5.3x5.2x0.3x
Mon, 02 May 2022HK$139.2bHK$579.7bHK$29.0b5.2x4.8x0.2x
Wed, 30 Mar 2022HK$155.6bHK$573.6bHK$32.4b4.8x4.8x0.3x
Fri, 25 Feb 2022HK$159.4bHK$562.9bHK$34.1b4x4.7x0.3x
Sun, 23 Jan 2022HK$166.1bHK$559.5bHK$33.9b4.2x4.9x0.3x
Tue, 21 Dec 2021HK$156.0bHK$557.6bHK$33.8b4.1x4.6x0.3x
Thu, 18 Nov 2021HK$149.9bHK$555.2bHK$33.7b4.1x4.5x0.3x
Sat, 16 Oct 2021HK$177.9bHK$527.1bHK$30.4b4.8x5.9x0.3x
Mon, 13 Sep 2021HK$236.9bHK$525.0bHK$30.2b7.9x7.8x0.5x
Wed, 11 Aug 2021HK$178.6bHK$525.7bHK$30.1b6x5.9x0.3x
Sun, 06 Jun 2021HK$171.6bHK$462.9bHK$18.9b9x9.1x0.4x
Price to Earnings Ratio

10.3x


Total Market Cap: HK$194.9bTotal Earnings: HK$18.9bTotal Revenue: HK$462.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Steel Industry Price to Earnings3Y Average -12.1x202220232024
Current Industry PE
  • Investors are pessimistic on the Hong Kong Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • 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.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Hong Kong Steel compare with similar industries?

HK Market3.52%
Materials-1.59%
Metals and Mining-2.40%
Steel-2.53%
Silver8.33%
Aluminum4.64%
Precious Metals and Minerals0%
Gold-3.57%
Copper-3.78%
Diversified Metals and Mining-6.12%
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
347 Angang SteelHK$1.354.7%
+HK$563.0m
-48.1%PS0.1x
975 Mongolian MiningHK$10.524.8%
+HK$526.5m
274.4%PE6.1x
323 Maanshan Iron & SteelHK$1.183.5%
+HK$309.9m
-29.3%PS0.09x
1370 Aowei HoldingHK$0.609.1%
+HK$81.8m
-23.1%PS1.4x
1029 IRCHK$0.143.8%
+HK$42.6m
50.0%PS0.6x
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Latest News

1370

HK$0.60

Aowei Holding

7D

9.1%

1Y

-23.1%

323

HK$1.18

Maanshan Iron & Steel

7D

3.5%

1Y

-29.3%

347

HK$1.35

Angang Steel

7D

4.7%

1Y

-48.1%

1029

HK$0.14

IRC

7D

3.8%

1Y

50.0%

893

HK$0.061

China Vanadium Titano-Magnetite Mining

7D

-3.2%

1Y

-23.8%

581

HK$1.03

China Oriental Group

7D

-1.0%

1Y

-18.3%

6890

HK$0.30

KangLi International Holdings

7D

-4.7%

1Y

-37.1%