Angang Steel Company Limited's (HKG:347) Business And Shares Still Trailing The Industry
Feb 06
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Steel Industry Analysis
UpdatedFeb 11, 2026
DataAggregated Company Financials
Companies22
- 7D-0.5%
- 3M-2.5%
- 1Y49.7%
- YTDn/a
Over the last 7 days, the Steel industry has risen 3.7%, and IRC contributed the most with a gain of 3.7%. This takes the industry's 12 month performance to a gain of 46%. 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 |
|---|---|---|---|---|---|---|
| Wed, 11 Feb 2026 | HK$137.8b | HK$384.3b | -HK$7,931,353,132.93 | 17.2x | -17.4x | 0.4x |
| Fri, 09 Jan 2026 | HK$134.2b | HK$379.6b | -HK$7,809,487,102.91 | 16.4x | -17.2x | 0.4x |
| Sun, 07 Dec 2025 | HK$129.3b | HK$374.9b | -HK$7,688,327,213.35 | 16x | -16.8x | 0.3x |
| Tue, 04 Nov 2025 | HK$132.7b | HK$371.9b | -HK$7,612,341,053.43 | 11.5x | -17.4x | 0.4x |
| Thu, 02 Oct 2025 | HK$130.5b | HK$370.0b | -HK$11,582,417,534.46 | 10.5x | -11.3x | 0.4x |
| Sat, 30 Aug 2025 | HK$119.8b | HK$380.7b | -HK$11,266,576,651.82 | 7.8x | -10.6x | 0.3x |
| Mon, 28 Jul 2025 | HK$121.6b | HK$395.5b | -HK$11,026,690,055.53 | 5.5x | -11x | 0.3x |
| Wed, 25 Jun 2025 | HK$103.8b | HK$396.0b | -HK$11,390,041,076.90 | 4.5x | -9.1x | 0.3x |
| Fri, 23 May 2025 | HK$99.9b | HK$393.2b | -HK$11,282,473,191.96 | 4.2x | -8.9x | 0.3x |
| Sun, 20 Apr 2025 | HK$93.2b | HK$390.1b | -HK$12,205,511,599.34 | 4.2x | -7.6x | 0.2x |
| Tue, 18 Mar 2025 | HK$102.8b | HK$413.0b | -HK$8,644,610,359.28 | 7.4x | -11.9x | 0.2x |
| Thu, 13 Feb 2025 | HK$97.4b | HK$409.8b | -HK$8,539,755,976.85 | 6.9x | -11.4x | 0.2x |
| Sat, 11 Jan 2025 | HK$94.2b | HK$408.5b | -HK$8,501,076,923.46 | 6.3x | -11.1x | 0.2x |
| Mon, 09 Dec 2024 | HK$103.2b | HK$411.4b | -HK$8,588,074,169.37 | 6.8x | -12x | 0.3x |
| Wed, 06 Nov 2024 | HK$103.3b | HK$419.9b | -HK$8,840,314,902.95 | 7x | -11.7x | 0.2x |
| Fri, 04 Oct 2024 | HK$100.0b | HK$436.8b | -HK$4,368,634,237.34 | 8.2x | -22.9x | 0.2x |
| Sun, 01 Sep 2024 | HK$84.3b | HK$440.3b | -HK$5,305,307,180.65 | 6.4x | -15.9x | 0.2x |
| Tue, 30 Jul 2024 | HK$86.1b | HK$437.0b | -HK$4,980,549,887.49 | 7.1x | -17.3x | 0.2x |
| Thu, 27 Jun 2024 | HK$89.6b | HK$436.4b | -HK$4,968,978,359.94 | 7.5x | -18x | 0.2x |
| Sat, 25 May 2024 | HK$97.9b | HK$437.9b | -HK$4,997,027,832.69 | 7.8x | -19.6x | 0.2x |
| Mon, 22 Apr 2024 | HK$100.8b | HK$448.4b | -HK$3,355,403,395.60 | 7.2x | -30x | 0.2x |
| Wed, 20 Mar 2024 | HK$99.5b | HK$447.8b | -HK$2,698,130,536.90 | 4.5x | -36.9x | 0.2x |
| Fri, 16 Feb 2024 | HK$101.2b | HK$452.4b | -HK$2,787,615,265.08 | 4x | -36.3x | 0.2x |
| Sun, 14 Jan 2024 | HK$103.7b | HK$466.1b | -HK$4,203,640,944.00 | 4.4x | -24.7x | 0.2x |
| Tue, 12 Dec 2023 | HK$99.1b | HK$464.5b | -HK$4,180,966,026.00 | 4.3x | -23.7x | 0.2x |
| Thu, 09 Nov 2023 | HK$97.3b | HK$459.0b | -HK$4,078,179,894.00 | 4x | -23.9x | 0.2x |
| Sat, 07 Oct 2023 | HK$101.1b | HK$460.6b | -HK$7,044,914,972.00 | 3.9x | -14.3x | 0.2x |
| Mon, 04 Sep 2023 | HK$100.7b | HK$463.8b | -HK$7,105,716,785.00 | 4x | -14.2x | 0.2x |
| Wed, 02 Aug 2023 | HK$110.5b | HK$476.9b | -HK$2,409,828,914.00 | 5.2x | -45.9x | 0.2x |
| Fri, 30 Jun 2023 | HK$93.1b | HK$475.0b | -HK$2,388,550,887.00 | 4.4x | -39x | 0.2x |
| Sun, 28 May 2023 | HK$102.3b | HK$485.7b | -HK$2,512,018,097.00 | 4.9x | -40.7x | 0.2x |
| Tue, 25 Apr 2023 | HK$108.6b | HK$504.9b | HK$1.8b | 5.4x | 59.1x | 0.2x |
| Thu, 23 Mar 2023 | HK$112.8b | HK$511.5b | HK$6.5b | 4.9x | 17.2x | 0.2x |
| Sat, 18 Feb 2023 | HK$114.5b | HK$508.7b | HK$5.5b | 3.9x | 20.8x | 0.2x |
Price to Earnings Ratio
20.8x
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 | 2.02% | |
| Materials | -0.20% | |
| Metals and Mining | -0.64% | |
| Steel | -0.47% | |
| Diversified Metals and Mining | 2.16% | |
| Aluminum | 1.60% | |
| Copper | -2.18% | |
| Gold | -3.31% | |
| Silver | -7.35% | |
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 | |
|---|---|---|---|---|---|
| 1029 IRC | HK$0.56 | 3.7% +HK$383.4m | -35.6% | PS0.6x | |
| 826 Tiangong International | HK$3.49 | 4.2% +HK$381.5m | 99.4% | PE22.2x | |
| 639 Shougang Fushan Resources Group | HK$3.35 | 2.1% +HK$356.4m | 40.2% | PE16.1x | |
| 581 China Oriental Group | HK$1.49 | 3.5% +HK$186.1m | 36.7% | PE19x | |
| 2623 Add New Energy Investment Holdings Group | HK$4.39 | 8.1% +HK$115.6m | 656.9% | PE18.2x |
