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Hong Kong (HSI) Steel Industry Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies22
- 7D1.8%
- 3M-1.6%
- 1Y9.6%
- YTDn/a
The Steel industry is up 1.8% in the last week, with Aowei Holding up 49%. This takes the industry's 12 month performance to a gain of 9.6%. Earnings are forecast to grow by 78% 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 |
|---|---|---|---|---|---|---|
| Thu, 30 Jan 2025 | HK$98.7b | HK$413.2b | -HK$8,639,463,498.75 | 6.6x | -11.4x | 0.2x |
| Sat, 28 Dec 2024 | HK$100.4b | HK$409.0b | -HK$8,519,346,843.35 | 6.7x | -11.8x | 0.2x |
| Mon, 25 Nov 2024 | HK$96.2b | HK$412.9b | -HK$8,632,194,829.64 | 6.8x | -11.1x | 0.2x |
| Wed, 23 Oct 2024 | HK$95.2b | HK$432.2b | -HK$4,286,993,287.49 | 7x | -22.2x | 0.2x |
| Fri, 20 Sep 2024 | HK$81.1b | HK$436.4b | -HK$4,358,039,062.60 | 7x | -18.6x | 0.2x |
| Sun, 18 Aug 2024 | HK$85.0b | HK$441.5b | -HK$4,946,081,779.90 | 7.1x | -17.2x | 0.2x |
| Tue, 16 Jul 2024 | HK$92.1b | HK$436.5b | -HK$4,971,279,174.68 | 7.6x | -18.5x | 0.2x |
| Thu, 13 Jun 2024 | HK$92.5b | HK$437.2b | -HK$4,984,720,328.22 | 7.9x | -18.6x | 0.2x |
| Sat, 11 May 2024 | HK$99.6b | HK$439.0b | -HK$5,018,715,458.90 | 8x | -19.8x | 0.2x |
| Mon, 08 Apr 2024 | HK$97.3b | HK$448.6b | -HK$3,357,903,405.50 | 7.2x | -29x | 0.2x |
| Wed, 06 Mar 2024 | HK$106.1b | HK$447.9b | -HK$2,698,218,336.36 | 5.3x | -39.3x | 0.2x |
| Fri, 02 Feb 2024 | HK$100.1b | HK$465.2b | -HK$4,188,954,381.00 | 3.8x | -23.9x | 0.2x |
| Sun, 31 Dec 2023 | HK$103.4b | HK$469.4b | -HK$4,257,427,580.00 | 4.3x | -24.3x | 0.2x |
| Tue, 28 Nov 2023 | HK$101.4b | HK$465.2b | -HK$4,195,406,876.00 | 4.2x | -24.2x | 0.2x |
| Thu, 26 Oct 2023 | HK$97.6b | HK$459.1b | -HK$7,011,961,490.00 | 4x | -13.9x | 0.2x |
| Sat, 23 Sep 2023 | HK$103.3b | HK$459.8b | -HK$7,027,132,337.00 | 4x | -14.7x | 0.2x |
| Mon, 21 Aug 2023 | HK$101.1b | HK$474.8b | -HK$1,297,977,208.00 | 4.1x | -77.9x | 0.2x |
| Wed, 19 Jul 2023 | HK$97.8b | HK$477.4b | -HK$2,415,426,429.00 | 4.6x | -40.5x | 0.2x |
| Fri, 16 Jun 2023 | HK$96.3b | HK$478.3b | -HK$2,426,030,179.00 | 4.4x | -39.7x | 0.2x |
| Sun, 14 May 2023 | HK$109.6b | HK$493.3b | -HK$2,598,840,560.00 | 5.1x | -42.2x | 0.2x |
| Tue, 11 Apr 2023 | HK$108.6b | HK$510.4b | HK$1.6b | 5.2x | 68.5x | 0.2x |
| Thu, 09 Mar 2023 | HK$118.3b | HK$503.4b | HK$5.5b | 3.8x | 21.6x | 0.2x |
| Sat, 04 Feb 2023 | HK$119.9b | HK$518.9b | HK$5.6b | 4.1x | 21.6x | 0.2x |
| Mon, 02 Jan 2023 | HK$112.3b | HK$551.0b | HK$8.9b | 3.6x | 12.6x | 0.2x |
| Wed, 30 Nov 2022 | HK$111.6b | HK$529.8b | HK$8.7b | 3.8x | 12.9x | 0.2x |
| Fri, 28 Oct 2022 | HK$100.9b | HK$547.8b | HK$16.8b | 4.1x | 6x | 0.2x |
| Sun, 25 Sep 2022 | HK$109.8b | HK$551.0b | HK$16.9b | 4.6x | 6.5x | 0.2x |
| Tue, 23 Aug 2022 | HK$124.7b | HK$577.5b | HK$29.1b | 3.8x | 4.3x | 0.2x |
| Thu, 21 Jul 2022 | HK$135.9b | HK$579.1b | HK$29.0b | 4.9x | 4.7x | 0.2x |
| Sat, 18 Jun 2022 | HK$150.2b | HK$582.1b | HK$29.2b | 4.9x | 5.1x | 0.3x |
| Mon, 16 May 2022 | HK$142.1b | HK$575.7b | HK$28.9b | 5.2x | 4.9x | 0.2x |
| Wed, 13 Apr 2022 | HK$157.0b | HK$596.2b | HK$30.7b | 4.4x | 5.1x | 0.3x |
| Fri, 11 Mar 2022 | HK$158.6b | HK$563.5b | HK$34.1b | 4x | 4.6x | 0.3x |
| Sun, 06 Feb 2022 | HK$154.4b | HK$558.2b | HK$33.9b | 4.2x | 4.6x | 0.3x |
Price to Earnings Ratio
4.6x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.22x.
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 9.5% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 1.94% | |
| Materials | -0.22% | |
| Metals and Mining | -0.87% | |
| Steel | 1.79% | |
| Aluminum | 1.33% | |
| Precious Metals and Minerals | 0% | 0 |
| Diversified Metals and Mining | -1.23% | |
| Silver | -1.79% | |
| Gold | -2.03% | |
| Copper | -3.46% | |
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 | |
|---|---|---|---|---|---|
| 1370 Aowei Holding | HK$1.18 | 49.4% +HK$637.8m | 96.7% | PS2.8x | |
| 347 Angang Steel | HK$1.51 | 2.7% +HK$375.4m | 18.0% | PS0.1x | |
| 826 Tiangong International | HK$1.86 | 6.3% +HK$299.8m | 11.4% | PE14x | |
| 581 China Oriental Group | HK$1.13 | 5.6% +HK$223.4m | -4.2% | PS0.08x | |
| 1029 IRC | HK$0.096 | 12.9% +HK$140.6m | -19.3% | PS0.7x |
