Revenues Not Telling The Story For Aowei Holding Limited (HKG:1370) After Shares Rise 65%
Dec 09
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Hong Kong (HSI) Steel Industry Analysis
UpdatedDec 15, 2025
DataAggregated Company Financials
Companies22
- 7D-3.6%
- 3M-2.8%
- 1Y41.0%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.6%, driven by a pullback from Angang Steel of 6.0%. In contrast, Aowei Holding has gained 44%. Over the past 12 months, the industry was up 41%. Earnings are forecast to grow by 84% 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 |
|---|---|---|---|---|---|---|
| Mon, 15 Dec 2025 | HK$126.8b | HK$375.6b | -HK$7,706,979,501.63 | 15.6x | -16.5x | 0.3x |
| Wed, 12 Nov 2025 | HK$139.0b | HK$372.0b | -HK$7,614,329,392.15 | 16.4x | -18.3x | 0.4x |
| Fri, 10 Oct 2025 | HK$135.4b | HK$369.8b | -HK$11,574,540,759.59 | 10.8x | -11.7x | 0.4x |
| Sun, 07 Sep 2025 | HK$118.9b | HK$369.1b | -HK$11,503,732,238.19 | 9.6x | -10.3x | 0.3x |
| Tue, 05 Aug 2025 | HK$117.2b | HK$395.1b | -HK$11,010,269,652.44 | 5.1x | -10.6x | 0.3x |
| Thu, 03 Jul 2025 | HK$111.5b | HK$395.5b | -HK$11,026,642,258.19 | 4.8x | -10.1x | 0.3x |
| Sat, 31 May 2025 | HK$101.8b | HK$394.6b | -HK$11,334,929,369.02 | 4.3x | -9x | 0.3x |
| Mon, 28 Apr 2025 | HK$94.6b | HK$389.2b | -HK$11,991,534,443.23 | 4x | -7.9x | 0.2x |
| Wed, 26 Mar 2025 | HK$101.4b | HK$412.1b | -HK$8,617,135,016.50 | 5.4x | -11.8x | 0.2x |
| Fri, 21 Feb 2025 | HK$96.4b | HK$411.8b | -HK$8,599,778,854.11 | 6.9x | -11.2x | 0.2x |
| Sun, 19 Jan 2025 | HK$98.5b | HK$408.9b | -HK$8,511,001,794.17 | 6.4x | -11.6x | 0.2x |
| Tue, 17 Dec 2024 | HK$100.2b | HK$410.5b | -HK$8,559,964,240.78 | 7x | -11.7x | 0.2x |
| Thu, 14 Nov 2024 | HK$98.5b | HK$414.6b | -HK$8,681,214,574.76 | 6.6x | -11.3x | 0.2x |
| Sat, 12 Oct 2024 | HK$97.9b | HK$434.8b | -HK$4,333,046,247.78 | 8.3x | -22.6x | 0.2x |
| Mon, 09 Sep 2024 | HK$81.6b | HK$435.1b | -HK$4,349,988,384.94 | 7.9x | -18.8x | 0.2x |
| Wed, 07 Aug 2024 | HK$84.9b | HK$442.7b | -HK$5,090,825,377.60 | 6.9x | -16.7x | 0.2x |
| Fri, 05 Jul 2024 | HK$92.0b | HK$436.2b | -HK$4,965,546,166.32 | 7.6x | -18.5x | 0.2x |
| Sun, 02 Jun 2024 | HK$99.3b | HK$438.4b | -HK$5,005,820,320.52 | 7.7x | -19.8x | 0.2x |
| Tue, 30 Apr 2024 | HK$99.1b | HK$448.0b | -HK$3,349,680,819.17 | 7.2x | -29.6x | 0.2x |
| Thu, 28 Mar 2024 | HK$94.8b | HK$448.1b | -HK$2,896,413,289.82 | 4.6x | -32.7x | 0.2x |
| Sat, 24 Feb 2024 | HK$106.5b | HK$448.0b | -HK$2,719,008,457.80 | 5.6x | -39.2x | 0.2x |
| Mon, 22 Jan 2024 | HK$100.5b | HK$466.6b | -HK$4,211,988,191.00 | 4.4x | -23.9x | 0.2x |
| Wed, 20 Dec 2023 | HK$99.0b | HK$466.5b | -HK$4,212,955,858.00 | 4x | -23.5x | 0.2x |
| Fri, 17 Nov 2023 | HK$102.0b | HK$459.7b | -HK$4,093,785,028.00 | 4x | -24.9x | 0.2x |
| Sun, 15 Oct 2023 | HK$99.3b | HK$459.9b | -HK$7,029,652,398.00 | 4x | -14.1x | 0.2x |
| Tue, 12 Sep 2023 | HK$101.3b | HK$460.8b | -HK$7,032,105,044.00 | 4x | -14.4x | 0.2x |
| Thu, 10 Aug 2023 | HK$105.3b | HK$475.7b | -HK$2,396,723,889.00 | 4.9x | -43.9x | 0.2x |
| Sat, 08 Jul 2023 | HK$94.9b | HK$475.4b | -HK$2,393,024,838.00 | 4.5x | -39.7x | 0.2x |
| Mon, 05 Jun 2023 | HK$101.8b | HK$484.6b | -HK$2,499,470,389.00 | 4.6x | -40.7x | 0.2x |
| Wed, 03 May 2023 | HK$109.0b | HK$496.7b | -HK$2,637,782,449.00 | 5.1x | -41.3x | 0.2x |
| Fri, 31 Mar 2023 | HK$111.2b | HK$508.7b | HK$3.7b | 5.9x | 30x | 0.2x |
| Sun, 26 Feb 2023 | HK$117.3b | HK$503.7b | HK$5.5b | 3.9x | 21.4x | 0.2x |
| Tue, 24 Jan 2023 | HK$118.3b | HK$514.8b | HK$5.5b | 4.2x | 21.3x | 0.2x |
| Thu, 22 Dec 2022 | HK$111.9b | HK$544.8b | HK$8.8b | 4x | 12.7x | 0.2x |
Price to Earnings Ratio
12.7x
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 | -1.74% | |
| Materials | -2.42% | |
| Metals and Mining | -2.28% | |
| Steel | -3.56% | |
| Silver | 2.82% | |
| Gold | -0.0039% | |
| Aluminum | -2.85% | |
| Diversified Metals and Mining | -2.97% | |
| Copper | -4.92% | |
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 | |
|---|---|---|---|---|---|
| 639 Shougang Fushan Resources Group | HK$2.92 | 2.1% +HK$305.5m | 12.3% | PE14x | |
| 3788 China Hanking Holdings | HK$3.85 | 2.7% +HK$203.5m | 381.3% | PE39.9x | |
| 1370 Aowei Holding | HK$0.36 | 44.0% +HK$179.9m | -30.8% | PS0.9x | |
| 103 Shougang Century Holdings | HK$3.52 | 6.7% +HK$114.5m | 65.6% | PE97x | |
| 826 Tiangong International | HK$3.08 | 0.7% +HK$54.5m | 50.2% | PE20.1x |
