There Is A Reason Perennial Energy Holdings Limited's (HKG:2798) Price Is Undemanding
Jan 12
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Steel Industry Analysis
UpdatedJan 12, 2026
DataAggregated Company Financials
Companies22
- 7D0.3%
- 3M-6.4%
- 1Y54.7%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Shougang Fushan Resources Group gained 11%. As for the the longer term, the industry is up 55% over the past 12 months. Looking forward, earnings are forecast to grow by 86% 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, 12 Jan 2026 | HK$134.1b | HK$379.9b | -HK$7,817,851,685.60 | 16.6x | -17.1x | 0.4x |
| Wed, 10 Dec 2025 | HK$125.9b | HK$375.0b | -HK$7,691,962,260.67 | 15.4x | -16.4x | 0.3x |
| Fri, 07 Nov 2025 | HK$135.0b | HK$372.0b | -HK$7,613,859,915.48 | 14.3x | -17.7x | 0.4x |
| Sun, 05 Oct 2025 | HK$132.3b | HK$370.0b | -HK$11,579,724,792.60 | 10.6x | -11.4x | 0.4x |
| Tue, 02 Sep 2025 | HK$120.2b | HK$369.1b | -HK$11,505,649,680.36 | 9.6x | -10.4x | 0.3x |
| Thu, 31 Jul 2025 | HK$124.7b | HK$394.9b | -HK$11,002,612,429.88 | 5.3x | -11.3x | 0.3x |
| Sat, 28 Jun 2025 | HK$104.5b | HK$396.1b | -HK$11,394,148,019.67 | 4.7x | -9.2x | 0.3x |
| Mon, 26 May 2025 | HK$101.4b | HK$394.7b | -HK$11,343,804,839.05 | 4.2x | -8.9x | 0.3x |
| Wed, 23 Apr 2025 | HK$94.0b | HK$389.2b | -HK$12,167,772,809.58 | 4.1x | -7.7x | 0.2x |
| Fri, 21 Mar 2025 | HK$103.1b | HK$412.2b | -HK$8,811,349,146.76 | 8.1x | -11.7x | 0.3x |
| Sun, 16 Feb 2025 | HK$97.5b | HK$412.4b | -HK$8,616,483,529.80 | 7x | -11.3x | 0.2x |
| Tue, 14 Jan 2025 | HK$94.7b | HK$408.6b | -HK$8,502,432,058.41 | 6.3x | -11.1x | 0.2x |
| Thu, 12 Dec 2024 | HK$104.9b | HK$411.2b | -HK$8,582,764,219.93 | 7x | -12.2x | 0.3x |
| Sat, 09 Nov 2024 | HK$104.1b | HK$416.8b | -HK$8,746,702,474.93 | 6.8x | -11.9x | 0.2x |
| Mon, 07 Oct 2024 | HK$101.3b | HK$435.5b | -HK$4,345,402,395.23 | 8.9x | -23.3x | 0.2x |
| Wed, 04 Sep 2024 | HK$83.3b | HK$438.5b | -HK$5,271,417,372.80 | 6.5x | -15.8x | 0.2x |
| Fri, 02 Aug 2024 | HK$87.5b | HK$437.8b | -HK$4,995,818,848.15 | 7.4x | -17.5x | 0.2x |
| Sun, 30 Jun 2024 | HK$90.1b | HK$436.4b | -HK$4,968,502,998.10 | 7.6x | -18.1x | 0.2x |
| Tue, 28 May 2024 | HK$99.0b | HK$437.6b | -HK$4,993,053,563.21 | 8x | -19.8x | 0.2x |
| Thu, 25 Apr 2024 | HK$95.8b | HK$448.1b | -HK$3,349,983,771.52 | 7.2x | -28.6x | 0.2x |
| Sat, 23 Mar 2024 | HK$97.8b | HK$446.4b | -HK$2,421,074,368.50 | 4.8x | -40.4x | 0.2x |
| Mon, 19 Feb 2024 | HK$102.8b | HK$448.2b | -HK$2,722,110,097.26 | 4x | -37.8x | 0.2x |
| Wed, 17 Jan 2024 | HK$104.2b | HK$464.8b | -HK$4,182,065,008.00 | 4x | -24.9x | 0.2x |
| Fri, 15 Dec 2023 | HK$97.7b | HK$467.2b | -HK$4,222,334,255.00 | 4.3x | -23.1x | 0.2x |
| Sun, 12 Nov 2023 | HK$97.6b | HK$458.2b | -HK$4,062,145,691.00 | 4x | -24x | 0.2x |
| Tue, 10 Oct 2023 | HK$101.3b | HK$461.1b | -HK$7,057,071,982.00 | 3.9x | -14.3x | 0.2x |
| Thu, 07 Sep 2023 | HK$103.0b | HK$461.0b | -HK$7,034,734,152.00 | 4x | -14.6x | 0.2x |
| Sat, 05 Aug 2023 | HK$107.6b | HK$476.6b | -HK$2,406,646,546.00 | 5x | -44.7x | 0.2x |
| Mon, 03 Jul 2023 | HK$93.9b | HK$473.7b | -HK$2,374,107,224.00 | 4.5x | -39.5x | 0.2x |
| Wed, 31 May 2023 | HK$100.4b | HK$484.7b | -HK$2,500,369,736.00 | 4.6x | -40.2x | 0.2x |
| Fri, 28 Apr 2023 | HK$107.8b | HK$502.9b | HK$1.8b | 5.4x | 58.5x | 0.2x |
| Sun, 26 Mar 2023 | HK$111.8b | HK$512.6b | HK$5.4b | 5.9x | 20.7x | 0.2x |
| Tue, 21 Feb 2023 | HK$117.3b | HK$509.3b | HK$5.5b | 4x | 21.3x | 0.2x |
| Thu, 19 Jan 2023 | HK$114.4b | HK$516.3b | HK$5.6b | 4x | 20.6x | 0.2x |
Price to Earnings Ratio
20.6x
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 9.7% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | -0.093% | |
| Materials | 3.98% | |
| Metals and Mining | 4.17% | |
| Steel | 0.28% | |
| Aluminum | 5.68% | |
| Diversified Metals and Mining | 5.20% | |
| Gold | 4.34% | |
| Copper | 0.73% | |
| Silver | -5.41% | |
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$3.23 | 8.4% +HK$1.3b | 41.7% | PE15.5x | |
| 3788 China Hanking Holdings | HK$4.23 | 12.5% +HK$956.5m | 442.3% | PE43.3x | |
| 975 Mongolian Mining | HK$11.30 | 8.1% +HK$881.3m | 81.1% | PE18.3x | |
| 826 Tiangong International | HK$3.37 | 7.0% +HK$599.5m | 89.3% | PE21.7x | |
| 1053 Chongqing Iron & Steel | HK$1.23 | 4.2% +HK$442.6m | 48.2% | PS0.4x |
