

Last week, the Steel industry hasn't moved much but Mongolian Mining is up 8.5% in that time. As for the the longer term, the industry is up 54% over the past 12 months. As for the next few years, earnings are expected to grow by 86% per annum.
Has the Hong Kong Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 01 Feb 2026 | HK$141.2b | HK$382.0b | -HK$7,872,452,828.94 | 16.9x | -17.9x | 0.4x |
| Tue, 30 Dec 2025 | HK$130.2b | HK$377.6b | -HK$7,757,876,464.59 | 15.5x | -16.8x | 0.3x |
| Thu, 27 Nov 2025 | HK$127.0b | HK$374.1b | -HK$7,668,765,132.55 | 15.4x | -16.6x | 0.3x |
| Sat, 25 Oct 2025 | HK$131.9b | HK$369.3b | -HK$11,556,902,421.90 | 11.2x | -11.4x | 0.4x |
| Mon, 22 Sep 2025 | HK$124.7b | HK$369.1b | -HK$11,515,376,517.04 | 10.1x | -10.8x | 0.3x |
| Wed, 20 Aug 2025 | HK$122.0b | HK$392.9b | -HK$10,931,323,208.68 | 5.1x | -11.2x | 0.3x |
| Fri, 18 Jul 2025 | HK$112.7b | HK$394.9b | -HK$11,001,661,970.96 | 5.1x | -10.2x | 0.3x |
| Sun, 15 Jun 2025 | HK$103.9b | HK$395.6b | -HK$11,374,062,984.54 | 4.5x | -9.1x | 0.3x |
| Tue, 13 May 2025 | HK$98.1b | HK$391.4b | -HK$11,217,604,019.76 | 4.2x | -8.7x | 0.3x |
| Thu, 10 Apr 2025 | HK$88.7b | HK$387.5b | -HK$12,094,504,056.42 | 3.9x | -7.3x | 0.2x |
| Sat, 08 Mar 2025 | HK$102.9b | HK$412.9b | -HK$8,641,169,589.22 | 7.1x | -11.9x | 0.2x |
| Mon, 03 Feb 2025 | HK$98.7b | HK$413.1b | -HK$8,634,457,691.28 | 6.6x | -11.4x | 0.2x |
| Wed, 01 Jan 2025 | HK$100.0b | HK$409.1b | -HK$8,521,419,099.56 | 6.3x | -11.7x | 0.2x |
| Fri, 29 Nov 2024 | HK$96.2b | HK$412.6b | -HK$8,622,627,325.43 | 6.7x | -11.2x | 0.2x |
| Sun, 27 Oct 2024 | HK$95.5b | HK$432.0b | -HK$4,284,883,148.43 | 7x | -22.3x | 0.2x |
| Tue, 24 Sep 2024 | HK$81.0b | HK$437.0b | -HK$4,368,905,516.60 | 8x | -18.5x | 0.2x |
| Thu, 22 Aug 2024 | HK$83.7b | HK$443.4b | -HK$4,981,516,645.57 | 7.1x | -16.8x | 0.2x |
| Sat, 20 Jul 2024 | HK$88.5b | HK$436.3b | -HK$4,966,839,137.65 | 7.5x | -17.8x | 0.2x |
| Mon, 17 Jun 2024 | HK$92.9b | HK$437.2b | -HK$4,983,538,050.87 | 7.9x | -18.6x | 0.2x |
| Wed, 15 May 2024 | HK$97.6b | HK$438.3b | -HK$5,005,418,192.90 | 8x | -19.5x | 0.2x |
| Fri, 12 Apr 2024 | HK$99.9b | HK$448.7b | -HK$3,358,891,280.05 | 7.4x | -29.7x | 0.2x |
| Sun, 10 Mar 2024 | HK$104.2b | HK$448.5b | -HK$2,709,211,681.18 | 4.2x | -38.5x | 0.2x |
| Tue, 06 Feb 2024 | HK$94.6b | HK$452.6b | -HK$2,790,942,259.79 | 3.8x | -33.9x | 0.2x |
| Thu, 04 Jan 2024 | HK$105.9b | HK$466.5b | -HK$4,212,563,425.00 | 4.3x | -25.1x | 0.2x |
| Sat, 02 Dec 2023 | HK$101.1b | HK$467.1b | -HK$4,221,251,306.00 | 4.3x | -24x | 0.2x |
| Mon, 30 Oct 2023 | HK$98.1b | HK$462.6b | -HK$4,847,475,338.00 | 4x | -20.2x | 0.2x |
| Wed, 27 Sep 2023 | HK$102.3b | HK$459.5b | -HK$7,020,298,369.00 | 4x | -14.6x | 0.2x |
| Fri, 25 Aug 2023 | HK$99.3b | HK$475.8b | -HK$1,321,353,721.00 | 4.1x | -75.1x | 0.2x |
| Sun, 23 Jul 2023 | HK$98.2b | HK$476.9b | -HK$2,410,537,403.00 | 4.6x | -40.7x | 0.2x |
| Tue, 20 Jun 2023 | HK$96.2b | HK$478.6b | -HK$2,429,772,914.00 | 4.5x | -39.6x | 0.2x |
| Thu, 18 May 2023 | HK$108.6b | HK$489.9b | -HK$2,559,213,481.00 | 4.9x | -42.4x | 0.2x |
| Sat, 15 Apr 2023 | HK$113.1b | HK$507.9b | HK$1.8b | 5.5x | 61.8x | 0.2x |
| Mon, 13 Mar 2023 | HK$114.7b | HK$506.9b | HK$5.5b | 3.7x | 20.9x | 0.2x |
| Wed, 08 Feb 2023 | HK$118.3b | HK$515.2b | HK$5.5b | 4.1x | 21.3x | 0.2x |
21.3x
How does Hong Kong Steel compare with similar industries?
| HK Market | 2.21% | |
| Materials | 2.06% | |
| Metals and Mining | 1.44% | |
| Steel | 0.38% | |
| Copper | 4.64% | |
| Gold | 3.02% | |
| Silver | 2.94% | |
| Aluminum | 0.62% | |
| Diversified Metals and Mining | -3.63% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 975 Mongolian Mining | HK$13.72 | 8.5% +HK$1.1b | 96.0% | PE22.1x | |
| 347 Angang Steel | HK$2.02 | 4.7% +HK$843.2m | 33.8% | PS0.2x | |
| 1053 Chongqing Iron & Steel | HK$1.26 | 3.3% +HK$354.1m | 43.2% | PS0.4x | |
| 581 China Oriental Group | HK$1.40 | 4.5% +HK$223.4m | 23.9% | PE18x | |
| 2623 Add New Energy Investment Holdings Group | HK$4.52 | 3.9% +HK$59.5m | 666.1% | PE18.9x |