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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 14, 2026
DataAggregated Company Financials
Companies22
- 7D2.1%
- 3M-6.7%
- 1Y37.4%
- YTDn/a
The Steel industry is up 4.1% in the last week, with Maanshan Iron & Steel up 13%. Meanwhile, Hanking Gold International actually underperformed within the industry, shrinking 5.9% in the last week. This takes the industry's 12 month performance to a gain of 46%. As for the next few years, earnings are expected to grow by 60% 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 |
|---|---|---|---|---|---|---|
| Tue, 14 Apr 2026 | HK$129.2b | HK$381.0b | -HK$8,099,751,493.40 | 21x | -16x | 0.3x |
| Thu, 12 Mar 2026 | HK$141.7b | HK$386.9b | -HK$7,978,147,520.08 | 16.2x | -17.8x | 0.4x |
| Sat, 07 Feb 2026 | HK$134.4b | HK$382.7b | -HK$7,890,113,516.98 | 16.7x | -17x | 0.4x |
| Mon, 05 Jan 2026 | HK$131.5b | HK$378.9b | -HK$7,793,292,049.08 | 15.8x | -16.9x | 0.3x |
| Wed, 03 Dec 2025 | HK$128.1b | HK$375.0b | -HK$7,691,545,898.56 | 15.6x | -16.6x | 0.3x |
| Fri, 31 Oct 2025 | HK$132.8b | HK$369.7b | -HK$11,570,984,500.12 | 11.4x | -11.5x | 0.4x |
| Sun, 28 Sep 2025 | HK$123.2b | HK$369.2b | -HK$11,552,441,876.96 | 9.9x | -10.7x | 0.3x |
| Tue, 26 Aug 2025 | HK$124.0b | HK$394.1b | -HK$11,047,086,344.46 | 5.3x | -11.2x | 0.3x |
| Thu, 24 Jul 2025 | HK$120.3b | HK$395.8b | -HK$11,040,137,255.18 | 5.9x | -10.9x | 0.3x |
| Sat, 21 Jun 2025 | HK$101.9b | HK$395.6b | -HK$11,377,274,257.70 | 4.6x | -9x | 0.3x |
| Mon, 19 May 2025 | HK$96.5b | HK$392.5b | -HK$11,257,102,501.74 | 4.3x | -8.6x | 0.2x |
| Wed, 16 Apr 2025 | HK$92.9b | HK$389.1b | -HK$12,163,202,581.45 | 4.1x | -7.6x | 0.2x |
| Fri, 14 Mar 2025 | HK$102.2b | HK$412.2b | -HK$8,622,620,802.85 | 7.2x | -11.9x | 0.2x |
| Sun, 09 Feb 2025 | HK$99.5b | HK$411.0b | -HK$8,574,275,320.00 | 6.7x | -11.6x | 0.2x |
| Tue, 07 Jan 2025 | HK$96.7b | HK$408.4b | -HK$8,500,322,117.76 | 6.7x | -11.4x | 0.2x |
| Thu, 05 Dec 2024 | HK$102.1b | HK$411.7b | -HK$8,596,538,990.42 | 6.7x | -11.9x | 0.2x |
| Sat, 02 Nov 2024 | HK$101.8b | HK$419.2b | -HK$8,828,944,129.80 | 6.8x | -11.5x | 0.2x |
| Mon, 30 Sep 2024 | HK$92.9b | HK$438.3b | -HK$4,393,513,605.84 | 7.9x | -21.2x | 0.2x |
| Wed, 28 Aug 2024 | HK$83.2b | HK$444.2b | -HK$4,920,525,108.51 | 6.7x | -16.9x | 0.2x |
| Fri, 26 Jul 2024 | HK$86.0b | HK$438.3b | -HK$5,005,017,460.01 | 7.3x | -17.2x | 0.2x |
| Sun, 23 Jun 2024 | HK$91.2b | HK$436.5b | -HK$4,971,737,036.00 | 7.8x | -18.3x | 0.2x |
| Tue, 21 May 2024 | HK$100.2b | HK$437.8b | -HK$4,996,814,571.62 | 8x | -20.1x | 0.2x |
| Thu, 18 Apr 2024 | HK$100.3b | HK$448.5b | -HK$3,355,782,378.36 | 7.3x | -29.9x | 0.2x |
| Sat, 16 Mar 2024 | HK$99.4b | HK$448.0b | -HK$2,700,393,206.23 | 4.6x | -36.8x | 0.2x |
| Mon, 12 Feb 2024 | HK$101.9b | HK$450.2b | -HK$2,753,600,908.54 | 3.8x | -37x | 0.2x |
| Wed, 10 Jan 2024 | HK$103.0b | HK$467.7b | -HK$4,229,245,494.00 | 4.3x | -24.4x | 0.2x |
| Fri, 08 Dec 2023 | HK$100.0b | HK$467.2b | -HK$4,221,523,575.00 | 4.3x | -23.7x | 0.2x |
| Sun, 05 Nov 2023 | HK$98.5b | HK$458.0b | -HK$4,056,619,684.00 | 4x | -24.3x | 0.2x |
| Tue, 03 Oct 2023 | HK$102.5b | HK$460.6b | -HK$7,045,659,412.00 | 4.1x | -14.5x | 0.2x |
| Thu, 31 Aug 2023 | HK$99.9b | HK$474.3b | -HK$1,780,692,005.00 | 4.1x | -56.1x | 0.2x |
| Sat, 29 Jul 2023 | HK$107.0b | HK$477.7b | -HK$2,418,702,987.00 | 5.2x | -44.2x | 0.2x |
| Mon, 26 Jun 2023 | HK$92.9b | HK$478.2b | -HK$2,425,693,576.00 | 4.2x | -38.3x | 0.2x |
| Wed, 24 May 2023 | HK$103.4b | HK$486.4b | -HK$2,519,874,317.00 | 5.1x | -41x | 0.2x |
| Fri, 21 Apr 2023 | HK$112.5b | HK$505.8b | HK$1.8b | 5.5x | 61.3x | 0.2x |
Price to Earnings Ratio
61.3x
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 0.25x.
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 8.9% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 1.79% | |
| Materials | 3.36% | |
| Metals and Mining | 3.46% | |
| Steel | 2.06% | |
| Copper | 7.51% | |
| Diversified Metals and Mining | 6.25% | |
| Gold | 3.52% | |
| Aluminum | 1.65% | |
| Silver | 1.05% | |
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 | |
|---|---|---|---|---|---|
| 323 Maanshan Iron & Steel | HK$2.68 | 7.2% +HK$1.4b | 51.4% | PS0.2x | |
| 347 Angang Steel | HK$1.58 | 4.6% +HK$655.8m | 3.3% | PS0.1x | |
| 1053 Chongqing Iron & Steel | HK$1.15 | 2.7% +HK$265.6m | 43.8% | PS0.4x | |
| 581 China Oriental Group | HK$1.35 | 5.5% +HK$260.6m | 18.4% | PE19.4x | |
| 103 Shougang Century Holdings | HK$2.60 | 19.3% +HK$218.1m | 20.9% | PE24.9x |