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Hong Kong (HSI) Steel Industry Analysis
UpdatedMar 27, 2026
DataAggregated Company Financials
Companies22
- 7D-3.8%
- 3M-5.9%
- 1Y20.7%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.9%, driven by a pullback from Angang Steel of 5.0%. In contrast, Add New Energy Investment Holdings Group has gained 12%. Over the past 12 months, the industry was up 26%. As for the next few years, earnings are expected to grow by 83% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 28 Mar 2026 | HK$125.4b | HK$383.5b | -HK$7,066,657,684.13 | 15.8x | -17.8x | 0.3x |
| Mon, 23 Feb 2026 | HK$137.9b | HK$384.3b | -HK$7,931,910,802.35 | 16.9x | -17.4x | 0.4x |
| Wed, 21 Jan 2026 | HK$137.0b | HK$381.0b | -HK$7,845,483,853.02 | 16.6x | -17.5x | 0.4x |
| Fri, 19 Dec 2025 | HK$124.4b | HK$376.1b | -HK$7,721,167,944.15 | 15.5x | -16.1x | 0.3x |
| Sun, 16 Nov 2025 | HK$138.1b | HK$372.9b | -HK$7,638,819,611.95 | 16x | -18.1x | 0.4x |
| Tue, 14 Oct 2025 | HK$135.4b | HK$369.2b | -HK$11,550,729,234.58 | 10.8x | -11.7x | 0.4x |
| Thu, 11 Sep 2025 | HK$120.5b | HK$369.4b | -HK$11,515,394,070.89 | 9.5x | -10.5x | 0.3x |
| Sat, 09 Aug 2025 | HK$126.1b | HK$394.7b | -HK$10,995,751,794.76 | 5.2x | -11.5x | 0.3x |
| Mon, 07 Jul 2025 | HK$110.5b | HK$395.7b | -HK$11,034,356,512.97 | 4.9x | -10x | 0.3x |
| Wed, 04 Jun 2025 | HK$100.7b | HK$395.0b | -HK$11,351,177,431.22 | 4.4x | -8.9x | 0.3x |
| Fri, 02 May 2025 | HK$95.6b | HK$386.0b | -HK$10,671,388,077.27 | 4x | -9x | 0.2x |
| Sun, 30 Mar 2025 | HK$99.5b | HK$407.8b | -HK$7,510,520,320.03 | 6.8x | -13.3x | 0.2x |
| Tue, 25 Feb 2025 | HK$96.5b | HK$412.2b | -HK$8,611,215,701.14 | 7x | -11.2x | 0.2x |
| Thu, 23 Jan 2025 | HK$97.9b | HK$412.2b | -HK$8,608,968,365.84 | 6.6x | -11.4x | 0.2x |
| Sat, 21 Dec 2024 | HK$99.6b | HK$409.6b | -HK$8,533,688,061.06 | 6.9x | -11.7x | 0.2x |
| Mon, 18 Nov 2024 | HK$95.5b | HK$413.8b | -HK$8,658,569,098.95 | 6.4x | -11x | 0.2x |
| Wed, 16 Oct 2024 | HK$94.1b | HK$432.2b | -HK$4,288,341,934.29 | 8.3x | -21.9x | 0.2x |
| Fri, 13 Sep 2024 | HK$78.9b | HK$433.7b | -HK$4,333,422,319.85 | 7.2x | -18.2x | 0.2x |
| Sun, 11 Aug 2024 | HK$85.7b | HK$441.5b | -HK$5,067,667,829.33 | 7x | -16.9x | 0.2x |
| Tue, 09 Jul 2024 | HK$91.7b | HK$436.3b | -HK$4,967,525,375.74 | 7.6x | -18.5x | 0.2x |
| Thu, 06 Jun 2024 | HK$94.8b | HK$437.5b | -HK$4,991,018,995.93 | 7.7x | -19x | 0.2x |
| Sat, 04 May 2024 | HK$97.0b | HK$438.3b | -HK$5,005,348,858.80 | 7.3x | -19.4x | 0.2x |
| Mon, 01 Apr 2024 | HK$95.5b | HK$449.1b | -HK$3,365,831,881.67 | 7.1x | -28.4x | 0.2x |
| Wed, 28 Feb 2024 | HK$107.5b | HK$448.0b | -HK$2,700,592,587.77 | 5x | -39.8x | 0.2x |
| Fri, 26 Jan 2024 | HK$104.2b | HK$465.7b | -HK$4,197,837,654.00 | 4x | -24.8x | 0.2x |
| Sun, 24 Dec 2023 | HK$100.7b | HK$467.6b | -HK$4,227,988,433.00 | 4.2x | -23.8x | 0.2x |
| Tue, 21 Nov 2023 | HK$101.4b | HK$464.2b | -HK$4,169,146,924.00 | 4x | -24.3x | 0.2x |
| Thu, 19 Oct 2023 | HK$98.0b | HK$459.5b | -HK$7,018,137,485.00 | 4x | -14x | 0.2x |
| Sat, 16 Sep 2023 | HK$102.5b | HK$461.7b | -HK$7,045,657,563.00 | 4x | -14.5x | 0.2x |
| Mon, 14 Aug 2023 | HK$102.6b | HK$473.9b | -HK$2,375,889,118.00 | 4.7x | -43.2x | 0.2x |
| Wed, 12 Jul 2023 | HK$95.4b | HK$476.7b | -HK$2,408,152,915.00 | 4.5x | -39.6x | 0.2x |
| Fri, 09 Jun 2023 | HK$101.3b | HK$481.7b | -HK$2,465,344,942.00 | 4.6x | -41.1x | 0.2x |
| Sun, 07 May 2023 | HK$110.1b | HK$496.6b | -HK$2,637,005,954.00 | 5.1x | -41.8x | 0.2x |
| Tue, 04 Apr 2023 | HK$110.8b | HK$510.5b | HK$3.4b | 4.7x | 32.8x | 0.2x |
Price to Earnings Ratio
32.8x
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 0.25x.
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 9.1% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | -2.20% | |
| Materials | -1.77% | |
| Metals and Mining | -1.30% | |
| Steel | -3.80% | |
| Gold | 1.66% | |
| Copper | -0.24% | |
| Diversified Metals and Mining | -2.58% | |
| Aluminum | -3.18% | |
| Silver | -6.32% | |
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 | |
|---|---|---|---|---|---|
| 2623 Add New Energy Investment Holdings Group | HK$5.76 | 5.1% +HK$98.1m | 928.6% | PE23.9x | |
| 103 Shougang Century Holdings | HK$2.25 | 0.4% +HK$5.2m | -1.1% | PE61.9x |