KangLi International Holdings Limited's (HKG:6890) Share Price Is Matching Sentiment Around Its Earnings
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Hong Kong (HSI) Steel Industry Analysis
UpdatedDec 24, 2025
DataAggregated Company Financials
Companies22
- 7D3.1%
- 3M-1.3%
- 1Y44.5%
- YTDn/a
The Steel is pretty flat in the last 7 days, but Maanshan Iron & Steel has stood out, gaining 8.7%. The past year has been better, since the industry has gained 46% in that time. Earnings are forecast to grow by 85% 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, 24 Dec 2025 | HK$129.5b | HK$376.6b | -HK$7,733,917,012.83 | 15.6x | -16.7x | 0.3x |
| Fri, 21 Nov 2025 | HK$131.2b | HK$372.8b | -HK$7,634,698,802.62 | 15.6x | -17.2x | 0.4x |
| Sun, 19 Oct 2025 | HK$134.1b | HK$369.1b | -HK$11,546,531,460.74 | 11.2x | -11.6x | 0.4x |
| Tue, 16 Sep 2025 | HK$124.2b | HK$368.9b | -HK$11,497,795,303.73 | 9.8x | -10.8x | 0.3x |
| Thu, 14 Aug 2025 | HK$125.4b | HK$395.2b | -HK$11,014,472,102.25 | 5.3x | -11.4x | 0.3x |
| Sat, 12 Jul 2025 | HK$112.8b | HK$395.2b | -HK$11,013,714,203.53 | 5.1x | -10.2x | 0.3x |
| Mon, 09 Jun 2025 | HK$103.4b | HK$395.0b | -HK$11,353,193,712.15 | 4.5x | -9.1x | 0.3x |
| Wed, 07 May 2025 | HK$96.8b | HK$388.3b | -HK$10,766,730,729.98 | 4x | -9x | 0.2x |
| Fri, 04 Apr 2025 | HK$99.0b | HK$391.4b | -HK$12,261,653,468.20 | 4x | -8.1x | 0.3x |
| Sun, 02 Mar 2025 | HK$98.4b | HK$410.6b | -HK$8,573,869,461.29 | 6.9x | -11.5x | 0.2x |
| Tue, 28 Jan 2025 | HK$99.1b | HK$412.7b | -HK$8,625,675,488.75 | 6.6x | -11.5x | 0.2x |
| Thu, 26 Dec 2024 | HK$100.3b | HK$409.3b | -HK$8,528,152,966.93 | 6.6x | -11.8x | 0.2x |
| Sat, 23 Nov 2024 | HK$96.2b | HK$412.8b | -HK$8,628,786,501.68 | 6.8x | -11.1x | 0.2x |
| Mon, 21 Oct 2024 | HK$96.6b | HK$433.1b | -HK$4,303,360,087.57 | 7x | -22.4x | 0.2x |
| Wed, 18 Sep 2024 | HK$79.6b | HK$434.6b | -HK$4,326,301,161.27 | 6.1x | -18.4x | 0.2x |
| Fri, 16 Aug 2024 | HK$85.6b | HK$441.7b | -HK$5,070,830,331.96 | 6.9x | -16.9x | 0.2x |
| Sun, 14 Jul 2024 | HK$92.1b | HK$437.2b | -HK$4,984,673,518.44 | 7.6x | -18.5x | 0.2x |
| Tue, 11 Jun 2024 | HK$94.4b | HK$437.6b | -HK$4,992,447,681.96 | 7.8x | -18.9x | 0.2x |
| Thu, 09 May 2024 | HK$97.6b | HK$439.1b | -HK$5,020,411,221.19 | 7.8x | -19.5x | 0.2x |
| Sat, 06 Apr 2024 | HK$97.3b | HK$448.6b | -HK$3,357,394,523.93 | 7.2x | -29x | 0.2x |
| Mon, 04 Mar 2024 | HK$107.3b | HK$448.3b | -HK$2,704,240,492.16 | 5.3x | -39.7x | 0.2x |
| Wed, 31 Jan 2024 | HK$101.3b | HK$469.7b | -HK$4,260,551,163.00 | 3.8x | -23.8x | 0.2x |
| Fri, 29 Dec 2023 | HK$101.9b | HK$469.6b | -HK$4,259,531,744.00 | 4.2x | -23.9x | 0.2x |
| Sun, 26 Nov 2023 | HK$102.2b | HK$465.5b | -HK$4,200,068,612.00 | 4.2x | -24.3x | 0.2x |
| Tue, 24 Oct 2023 | HK$95.1b | HK$459.3b | -HK$7,013,848,496.00 | 4x | -13.6x | 0.2x |
| Thu, 21 Sep 2023 | HK$104.3b | HK$460.3b | -HK$7,040,584,335.00 | 4x | -14.8x | 0.2x |
| Sat, 19 Aug 2023 | HK$101.0b | HK$474.5b | -HK$1,022,731,400.00 | 4.1x | -98.7x | 0.2x |
| Mon, 17 Jul 2023 | HK$98.2b | HK$479.6b | -HK$2,441,219,020.00 | 4.6x | -40.2x | 0.2x |
| Wed, 14 Jun 2023 | HK$97.4b | HK$480.1b | -HK$2,446,862,065.00 | 4.4x | -39.8x | 0.2x |
| Fri, 12 May 2023 | HK$112.0b | HK$494.2b | -HK$2,609,791,090.00 | 5.1x | -42.9x | 0.2x |
| Sun, 09 Apr 2023 | HK$108.8b | HK$510.7b | HK$1.6b | 5.2x | 68.7x | 0.2x |
| Tue, 07 Mar 2023 | HK$119.7b | HK$505.3b | HK$5.5b | 3.9x | 21.8x | 0.2x |
| Thu, 02 Feb 2023 | HK$121.2b | HK$518.6b | HK$5.6b | 4.1x | 21.8x | 0.2x |
| Sat, 31 Dec 2022 | HK$111.7b | HK$550.1b | 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 | 1.86% | |
| Materials | 4.50% | |
| Metals and Mining | 5.10% | |
| Steel | 3.12% | |
| Diversified Metals and Mining | 13.66% | |
| Copper | 6.95% | |
| Gold | 5.58% | |
| Silver | 4.41% | |
| Aluminum | 2.31% | |
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$2.55 | 9.4% +HK$1.7b | 79.6% | PS0.2x | |
| 347 Angang Steel | HK$1.89 | 3.3% +HK$562.2m | 25.2% | PS0.2x | |
| 639 Shougang Fushan Resources Group | HK$2.98 | 3.5% +HK$509.1m | 18.3% | PE14.3x | |
| 3788 China Hanking Holdings | HK$3.80 | 5.6% +HK$407.0m | 393.5% | PE39.3x | |
| 975 Mongolian Mining | HK$10.85 | 2.9% +HK$320.9m | 50.5% | PE17.5x |
