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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 24, 2026
DataAggregated Company Financials
Companies22
- 7D-2.2%
- 3M-12.6%
- 1Y38.7%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 2.2%, driven by pullbacks in Hanking Gold International and Angang Steel of 9.4% and 5.2%, respectively. On the other hand Add New Energy Investment Holdings Group is actually up 17%. Over the past 12 months, the industry was up 39%. Earnings are forecast to grow by 57% 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 |
|---|---|---|---|---|---|---|
| Fri, 24 Apr 2026 | HK$128.6b | HK$380.9b | -HK$8,257,594,223.87 | 19.8x | -15.6x | 0.3x |
| Sun, 22 Mar 2026 | HK$129.6b | HK$386.2b | -HK$8,561,614,452.50 | 16.1x | -15.1x | 0.3x |
| Tue, 17 Feb 2026 | HK$138.7b | HK$384.4b | -HK$7,934,324,186.79 | 17.1x | -17.5x | 0.4x |
| Thu, 15 Jan 2026 | HK$134.8b | HK$380.2b | -HK$7,826,606,100.82 | 16.6x | -17.2x | 0.4x |
| Sat, 13 Dec 2025 | HK$126.8b | HK$375.7b | -HK$7,709,262,978.47 | 15.6x | -16.4x | 0.3x |
| Mon, 10 Nov 2025 | HK$136.4b | HK$372.0b | -HK$7,615,162,183.28 | 14.2x | -17.9x | 0.4x |
| Wed, 08 Oct 2025 | HK$132.5b | HK$370.0b | -HK$11,582,591,874.69 | 10.6x | -11.4x | 0.4x |
| Fri, 05 Sep 2025 | HK$117.9b | HK$369.0b | -HK$11,499,281,186.22 | 9.6x | -10.3x | 0.3x |
| Sun, 03 Aug 2025 | HK$117.3b | HK$393.3b | -HK$10,939,848,074.75 | 5.2x | -10.7x | 0.3x |
| Tue, 01 Jul 2025 | HK$105.8b | HK$396.4b | -HK$11,409,316,427.35 | 4.7x | -9.3x | 0.3x |
| Thu, 29 May 2025 | HK$102.1b | HK$394.5b | -HK$11,332,413,456.44 | 4.3x | -9x | 0.3x |
| Sat, 26 Apr 2025 | HK$94.6b | HK$389.2b | -HK$11,990,291,387.74 | 4x | -7.9x | 0.2x |
| Mon, 24 Mar 2025 | HK$102.6b | HK$412.6b | -HK$8,815,525,473.07 | 5.9x | -11.6x | 0.2x |
| Wed, 19 Feb 2025 | HK$97.2b | HK$410.8b | -HK$8,569,439,393.61 | 7.2x | -11.3x | 0.2x |
| Fri, 17 Jan 2025 | HK$99.0b | HK$408.7b | -HK$8,505,398,489.40 | 6.5x | -11.6x | 0.2x |
| Sun, 15 Dec 2024 | HK$100.5b | HK$411.0b | -HK$8,575,209,773.41 | 7.2x | -11.7x | 0.2x |
| Tue, 12 Nov 2024 | HK$101.6b | HK$414.9b | -HK$8,692,946,551.72 | 6.7x | -11.7x | 0.2x |
| Thu, 10 Oct 2024 | HK$95.1b | HK$435.2b | -HK$4,339,086,060.28 | 8.2x | -21.9x | 0.2x |
| Sat, 07 Sep 2024 | HK$82.0b | HK$435.0b | -HK$4,337,420,764.01 | 6.3x | -18.9x | 0.2x |
| Mon, 05 Aug 2024 | HK$86.6b | HK$442.3b | -HK$5,081,273,635.20 | 7.2x | -17x | 0.2x |
| Wed, 03 Jul 2024 | HK$92.4b | HK$436.4b | -HK$4,969,016,965.08 | 7.6x | -18.6x | 0.2x |
| Fri, 31 May 2024 | HK$98.7b | HK$438.7b | -HK$5,012,078,208.38 | 7.8x | -19.7x | 0.2x |
| Sun, 28 Apr 2024 | HK$98.1b | HK$447.8b | -HK$3,346,487,585.82 | 7.2x | -29.3x | 0.2x |
| Tue, 26 Mar 2024 | HK$97.2b | HK$448.0b | -HK$2,310,383,439.59 | 4.6x | -42.1x | 0.2x |
| Thu, 22 Feb 2024 | HK$103.9b | HK$448.3b | -HK$2,723,797,667.71 | 4x | -38.2x | 0.2x |
| Sat, 20 Jan 2024 | HK$100.2b | HK$469.1b | -HK$4,250,123,355.00 | 4.4x | -23.6x | 0.2x |
| Mon, 18 Dec 2023 | HK$99.1b | HK$468.0b | -HK$4,236,052,518.00 | 4x | -23.4x | 0.2x |
| Wed, 15 Nov 2023 | HK$99.4b | HK$458.2b | -HK$4,062,383,255.00 | 4x | -24.5x | 0.2x |
| Fri, 13 Oct 2023 | HK$100.2b | HK$460.1b | -HK$7,035,374,753.00 | 4x | -14.2x | 0.2x |
| Sun, 10 Sep 2023 | HK$100.7b | HK$458.6b | -HK$6,974,381,304.00 | 4x | -14.4x | 0.2x |
| Tue, 08 Aug 2023 | HK$106.0b | HK$476.1b | -HK$2,400,702,980.00 | 4.9x | -44.1x | 0.2x |
| Thu, 06 Jul 2023 | HK$96.2b | HK$473.7b | -HK$2,374,106,450.00 | 4.3x | -40.5x | 0.2x |
| Sat, 03 Jun 2023 | HK$101.7b | HK$486.1b | -HK$2,516,677,731.00 | 4.6x | -40.4x | 0.2x |
| Mon, 01 May 2023 | HK$109.0b | HK$496.5b | -HK$2,636,378,216.00 | 5.1x | -41.3x | 0.2x |
Price to Earnings Ratio
-41.3x
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 0.26x.
Past Earnings Growth
- The earnings for companies in the Steel industry have deteriorated over the last three years.
- Revenues have also declined 8.5% per year.
- This means overall sales from these companies are declining and losses are subsequently expanding as well.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | -0.75% | |
| Materials | -7.93% | |
| Metals and Mining | -8.76% | |
| Steel | -2.21% | |
| Diversified Metals and Mining | -4.38% | |
| Silver | -6.25% | |
| Copper | -6.63% | |
| Aluminum | -9.70% | |
| Gold | -11.36% | |
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$2.74 | 1.9% +HK$254.6m | 11.8% | PE22.1x | |
| 2623 Add New Energy Investment Holdings Group | HK$6.08 | 3.1% +HK$94.6m | 1,128.3% | PS36.9x | |
| 159 Brockman Mining | HK$0.079 | 3.9% +HK$27.8m | -10.2% | PB1.6x | |
| 1203 GDH Guangnan (Holdings) | HK$0.68 | 1.5% +HK$9.1m | 6.3% | PE5.5x | |
| 6890 KangLi International Holdings | HK$0.36 | 2.9% +HK$6.1m | -5.3% | PE4.7x |
