Mongolian Mining (HKG:975) Is Doing The Right Things To Multiply Its Share Price
Nov 16
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Hong Kong (HSI) Steel Industry Analysis
UpdatedNov 14, 2025
DataAggregated Company Financials
Companies22
- 7D2.8%
- 3M12.1%
- 1Y66.1%
- YTDn/a
The Steel industry is up 2.8% in the last week, with Maanshan Iron & Steel up 7.9%. During this same period, the Mongolian Mining underperformed, falling 13%. This takes the industry's 12 month performance to a gain of 66%. As for the next few years, earnings are expected to grow by 91% 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 |
|---|---|---|---|---|---|---|
| Mon, 17 Nov 2025 | HK$138.8b | HK$373.0b | -HK$7,640,661,754.82 | 16.2x | -18.2x | 0.4x |
| Wed, 15 Oct 2025 | HK$132.8b | HK$368.7b | -HK$11,533,151,184.14 | 10.7x | -11.5x | 0.4x |
| Fri, 12 Sep 2025 | HK$121.0b | HK$369.3b | -HK$11,512,328,096.67 | 9.7x | -10.5x | 0.3x |
| Sun, 10 Aug 2025 | HK$126.1b | HK$394.7b | -HK$10,994,745,822.98 | 5.2x | -11.5x | 0.3x |
| Tue, 08 Jul 2025 | HK$111.1b | HK$395.3b | -HK$11,017,111,193.65 | 4.9x | -10.1x | 0.3x |
| Thu, 05 Jun 2025 | HK$102.5b | HK$395.1b | -HK$11,353,943,741.98 | 4.3x | -9x | 0.3x |
| Sat, 03 May 2025 | HK$96.0b | HK$385.7b | -HK$10,661,273,362.44 | 4.1x | -9x | 0.2x |
| Mon, 31 Mar 2025 | HK$99.6b | HK$394.1b | -HK$12,130,592,828.01 | 4.1x | -8.2x | 0.3x |
| Wed, 26 Feb 2025 | HK$96.7b | HK$411.6b | -HK$8,592,608,866.68 | 7x | -11.3x | 0.2x |
| Fri, 24 Jan 2025 | HK$97.7b | HK$411.0b | -HK$8,574,718,946.98 | 6.6x | -11.4x | 0.2x |
| Sun, 22 Dec 2024 | HK$99.6b | HK$409.9b | -HK$8,542,551,600.16 | 6.9x | -11.7x | 0.2x |
| Tue, 19 Nov 2024 | HK$98.2b | HK$413.8b | -HK$8,658,569,098.95 | 6.4x | -11.3x | 0.2x |
| Thu, 17 Oct 2024 | HK$96.1b | HK$432.5b | -HK$4,293,349,498.52 | 7.6x | -22.4x | 0.2x |
| Sat, 14 Sep 2024 | HK$79.5b | HK$435.0b | -HK$4,356,804,118.28 | 7x | -18.2x | 0.2x |
| Mon, 12 Aug 2024 | HK$85.7b | HK$441.5b | -HK$5,067,667,829.33 | 7x | -16.9x | 0.2x |
| Wed, 10 Jul 2024 | HK$92.7b | HK$436.3b | -HK$4,967,054,277.37 | 7.5x | -18.7x | 0.2x |
| Fri, 07 Jun 2024 | HK$94.0b | HK$437.7b | -HK$4,993,650,746.35 | 7.7x | -18.8x | 0.2x |
| Sun, 05 May 2024 | HK$97.0b | HK$438.2b | -HK$5,002,520,020.77 | 7.3x | -19.4x | 0.2x |
| Tue, 02 Apr 2024 | HK$95.5b | HK$448.7b | -HK$3,359,076,696.75 | 7.1x | -28.4x | 0.2x |
| Thu, 29 Feb 2024 | HK$107.2b | HK$448.1b | -HK$2,701,027,919.26 | 5x | -39.7x | 0.2x |
| Sat, 27 Jan 2024 | HK$103.7b | HK$467.6b | -HK$4,228,225,050.00 | 3.9x | -24.5x | 0.2x |
| Mon, 25 Dec 2023 | HK$100.7b | HK$467.6b | -HK$4,227,988,433.00 | 4.2x | -23.8x | 0.2x |
| Wed, 22 Nov 2023 | HK$101.4b | HK$466.3b | -HK$4,219,355,638.00 | 4.1x | -24x | 0.2x |
| Fri, 20 Oct 2023 | HK$96.4b | HK$459.4b | -HK$7,016,182,277.00 | 4x | -13.7x | 0.2x |
| Sun, 17 Sep 2023 | HK$103.6b | HK$461.8b | -HK$7,047,007,540.00 | 4x | -14.7x | 0.2x |
| Tue, 15 Aug 2023 | HK$102.3b | HK$472.6b | -HK$2,360,456,490.00 | 4.7x | -43.3x | 0.2x |
| Thu, 13 Jul 2023 | HK$95.6b | HK$477.1b | -HK$2,413,242,540.00 | 4.5x | -39.6x | 0.2x |
| Sat, 10 Jun 2023 | HK$98.8b | HK$481.7b | -HK$2,465,459,590.00 | 4.3x | -40.1x | 0.2x |
| Mon, 08 May 2023 | HK$110.1b | HK$496.6b | -HK$2,637,005,954.00 | 5.1x | -41.8x | 0.2x |
| Wed, 05 Apr 2023 | HK$110.4b | HK$510.8b | HK$3.4b | 4.6x | 32.7x | 0.2x |
| Fri, 03 Mar 2023 | HK$119.5b | HK$507.3b | HK$5.5b | 3.8x | 21.7x | 0.2x |
| Sun, 29 Jan 2023 | HK$120.0b | HK$514.6b | HK$5.5b | 4.3x | 21.7x | 0.2x |
| Tue, 27 Dec 2022 | HK$110.9b | HK$546.3b | HK$8.8b | 4x | 12.5x | 0.2x |
| Thu, 24 Nov 2022 | HK$109.2b | HK$534.2b | HK$8.7b | 3.8x | 12.6x | 0.2x |
Price to Earnings Ratio
12.6x
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 11% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 1.84% | |
| Materials | 2.50% | |
| Metals and Mining | 2.42% | |
| Steel | 2.81% | |
| Silver | 9.68% | |
| Aluminum | 3.27% | |
| Gold | 2.09% | |
| Diversified Metals and Mining | 1.64% | |
| Copper | 0.93% | |
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$2.84 | 9.2% +HK$1.8b | 140.7% | PS0.3x | |
| 826 Tiangong International | HK$3.28 | 9.7% +HK$790.3m | 79.2% | PE21.6x | |
| 347 Angang Steel | HK$2.25 | 3.2% +HK$655.8m | 51.0% | PS0.2x | |
| 639 Shougang Fushan Resources Group | HK$3.29 | 1.9% +HK$305.5m | 22.8% | PE15.8x | |
| 1053 Chongqing Iron & Steel | HK$1.42 | 2.2% +HK$265.6m | 37.9% | PS0.4x |
