The Price Is Right For Tiangong International Company Limited (HKG:826)
Dec 01
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Hong Kong (HSI) Steel Industry Analysis
UpdatedNov 25, 2025
DataAggregated Company Financials
Companies22
- 7D2.3%
- 3M2.7%
- 1Y49.5%
- YTDn/a
Over the last 7 days, the Steel industry has risen 2.3%, driven by gains from Mongolian Mining of 9.7%. Meanwhile, Shougang Fushan Resources Group actually underperformed within the industry, shrinking 6.1% in the last week. This means that the industry has gained 50% over the past year. 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 |
|---|---|---|---|---|---|---|
| Mon, 01 Dec 2025 | HK$126.3b | HK$373.1b | -HK$7,643,870,938.95 | 15.1x | -16.5x | 0.3x |
| Wed, 29 Oct 2025 | HK$130.5b | HK$370.4b | -HK$11,597,762,516.65 | 11.2x | -11.3x | 0.4x |
| Fri, 26 Sep 2025 | HK$123.6b | HK$369.6b | -HK$11,567,807,176.33 | 9.9x | -10.7x | 0.3x |
| Sun, 24 Aug 2025 | HK$121.0b | HK$393.9b | -HK$11,036,837,380.79 | 5.3x | -11x | 0.3x |
| Tue, 22 Jul 2025 | HK$117.7b | HK$395.1b | -HK$11,010,591,280.32 | 5.5x | -10.7x | 0.3x |
| Thu, 19 Jun 2025 | HK$104.1b | HK$395.2b | -HK$11,360,399,657.83 | 4.5x | -9.2x | 0.3x |
| Sat, 17 May 2025 | HK$96.4b | HK$392.7b | -HK$11,266,837,295.04 | 4.3x | -8.6x | 0.2x |
| Mon, 14 Apr 2025 | HK$91.7b | HK$390.6b | -HK$12,230,697,362.25 | 4x | -7.5x | 0.2x |
| Wed, 12 Mar 2025 | HK$101.7b | HK$412.8b | -HK$8,640,624,266.36 | 7.4x | -11.8x | 0.2x |
| Fri, 07 Feb 2025 | HK$98.5b | HK$410.8b | -HK$8,567,345,719.93 | 6.8x | -11.5x | 0.2x |
| Sun, 05 Jan 2025 | HK$94.8b | HK$408.8b | -HK$8,509,907,527.12 | 6.4x | -11.1x | 0.2x |
| Tue, 03 Dec 2024 | HK$99.5b | HK$411.3b | -HK$8,584,801,111.26 | 6.8x | -11.6x | 0.2x |
| Thu, 31 Oct 2024 | HK$99.3b | HK$431.9b | -HK$4,283,287,955.85 | 7x | -23.2x | 0.2x |
| Sat, 28 Sep 2024 | HK$93.0b | HK$438.4b | -HK$4,395,267,560.72 | 7.9x | -21.2x | 0.2x |
| Mon, 26 Aug 2024 | HK$82.4b | HK$443.7b | -HK$4,912,003,663.37 | 6.7x | -16.8x | 0.2x |
| Wed, 24 Jul 2024 | HK$87.2b | HK$435.9b | -HK$4,959,289,543.60 | 7.4x | -17.6x | 0.2x |
| Fri, 21 Jun 2024 | HK$91.9b | HK$436.5b | -HK$4,971,826,175.54 | 7.8x | -18.5x | 0.2x |
| Sun, 19 May 2024 | HK$99.8b | HK$438.5b | -HK$5,009,008,505.94 | 7.9x | -19.9x | 0.2x |
| Tue, 16 Apr 2024 | HK$100.0b | HK$448.3b | -HK$3,353,662,541.96 | 7.4x | -29.8x | 0.2x |
| Thu, 14 Mar 2024 | HK$100.9b | HK$448.2b | -HK$2,704,106,787.00 | 4.6x | -37.3x | 0.2x |
| Sat, 10 Feb 2024 | HK$102.2b | HK$448.7b | -HK$2,719,178,054.43 | 3.8x | -37.6x | 0.2x |
| Mon, 08 Jan 2024 | HK$105.3b | HK$467.1b | -HK$4,221,561,115.00 | 4.3x | -24.9x | 0.2x |
| Wed, 06 Dec 2023 | HK$100.8b | HK$467.3b | -HK$4,222,867,036.00 | 4.3x | -23.9x | 0.2x |
| Fri, 03 Nov 2023 | HK$98.5b | HK$457.4b | -HK$4,044,800,062.00 | 3.9x | -24.3x | 0.2x |
| Sun, 01 Oct 2023 | HK$102.5b | HK$460.5b | -HK$7,043,859,189.00 | 4.1x | -14.6x | 0.2x |
| Tue, 29 Aug 2023 | HK$101.8b | HK$473.8b | -HK$1,775,559,912.00 | 4.1x | -57.3x | 0.2x |
| Thu, 27 Jul 2023 | HK$102.8b | HK$478.3b | -HK$2,426,469,000.00 | 4.6x | -42.4x | 0.2x |
| Sat, 24 Jun 2023 | HK$92.9b | HK$478.0b | -HK$2,423,546,887.00 | 4.2x | -38.3x | 0.2x |
| Mon, 22 May 2023 | HK$105.9b | HK$487.9b | -HK$2,536,760,828.00 | 5x | -41.7x | 0.2x |
| Wed, 19 Apr 2023 | HK$113.3b | HK$506.1b | HK$1.8b | 5.5x | 61.8x | 0.2x |
| Fri, 17 Mar 2023 | HK$112.9b | HK$507.7b | HK$5.5b | 3.6x | 20.6x | 0.2x |
| Sun, 12 Feb 2023 | HK$116.2b | HK$514.1b | HK$5.5b | 4x | 21x | 0.2x |
| Tue, 10 Jan 2023 | HK$111.8b | HK$513.4b | HK$5.5b | 3.9x | 20.2x | 0.2x |
| Thu, 08 Dec 2022 | HK$112.3b | HK$541.3b | HK$8.7b | 3.8x | 12.9x | 0.2x |
Price to Earnings Ratio
12.9x
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 | 1.77% | |
| Materials | 4.21% | |
| Metals and Mining | 4.17% | |
| Steel | 2.32% | |
| Silver | 18.33% | |
| Copper | 7.17% | |
| Diversified Metals and Mining | 6.13% | |
| Gold | 4.51% | |
| Aluminum | 2.82% | |
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 | |
|---|---|---|---|---|---|
| 975 Mongolian Mining | HK$10.41 | 9.5% +HK$933.9m | 30.1% | PE16.8x | |
| 3788 China Hanking Holdings | HK$3.89 | 12.8% +HK$895.4m | 405.2% | PE40.4x | |
| 347 Angang Steel | HK$2.02 | 3.6% +HK$655.8m | 39.3% | PS0.2x | |
| 323 Maanshan Iron & Steel | HK$2.54 | 3.3% +HK$616.1m | 104.8% | PS0.2x | |
| 1053 Chongqing Iron & Steel | HK$1.29 | 4.0% +HK$442.6m | 29.0% | PS0.4x |
