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Hong Kong (HSI) Steel Industry Analysis
UpdatedJul 04, 2022
DataAggregated Company Financials
Companies24
- 7D-4.4%
- 3M-15.4%
- 1Y-24.0%
- YTD-10.7%
Over the last 7 days, the Steel industry has dropped 4.4%, driven by Maanshan Iron & Steel declining 19%. The industry has fallen 24% in the last year. As for the next few years, earnings are expected to grow by 1.8% 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 |
|---|---|---|---|---|
| Tue, 05 Jul 2022 | HK$144.7b | HK$582.1b | HK$29.2b | 4.7x |
| Thu, 02 Jun 2022 | HK$150.1b | HK$584.4b | HK$29.3b | 5.1x |
| Sat, 30 Apr 2022 | HK$148.8b | HK$578.3b | HK$29.0b | 5.2x |
| Mon, 28 Mar 2022 | HK$154.6b | HK$567.9b | HK$32.8b | 4x |
| Wed, 23 Feb 2022 | HK$163.5b | HK$560.9b | HK$34.0b | 4x |
| Fri, 21 Jan 2022 | HK$168.0b | HK$559.4b | HK$33.9b | 4.3x |
| Sun, 19 Dec 2021 | HK$159.7b | HK$557.6b | HK$33.8b | 4.2x |
| Tue, 16 Nov 2021 | HK$151.5b | HK$556.7b | HK$33.8b | 4.1x |
| Thu, 14 Oct 2021 | HK$177.5b | HK$526.5b | HK$30.3b | 4.9x |
| Sat, 11 Sep 2021 | HK$234.0b | HK$525.0b | HK$30.2b | 7.9x |
| Mon, 09 Aug 2021 | HK$168.6b | HK$525.7b | HK$30.1b | 5.5x |
| Sun, 02 May 2021 | HK$194.9b | HK$462.9b | HK$18.9b | 8.7x |
| Wed, 03 Feb 2021 | HK$140.1b | HK$420.1b | HK$12.9b | 7.8x |
| Sat, 07 Nov 2020 | HK$114.5b | HK$397.7b | HK$10.2b | 8.2x |
| Fri, 31 Jul 2020 | HK$109.6b | HK$380.8b | HK$8.0b | 9.5x |
| Mon, 04 May 2020 | HK$104.3b | HK$386.2b | HK$10.8b | 11.6x |
| Thu, 06 Feb 2020 | HK$118.2b | HK$405.5b | HK$11.9b | 12.5x |
| Sun, 10 Nov 2019 | HK$117.3b | HK$393.2b | HK$14.6b | 10.6x |
| Sat, 03 Aug 2019 | HK$130.9b | HK$409.5b | HK$21.3b | 7.1x |
Median PE Ratio
7.1x
Current Industry PE
- Investors are pessimistic on the industry, indicating that they anticipate long-term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.0x which is lower than its 3-year average PE of 8.4x.
- The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 0.48% | |
| Materials | 1.66% | |
| Metals and Mining | 0.87% | |
| Steel | -4.44% | |
| Gold | 2.77% | |
| Aluminum | 1.74% | |
| Diversified Metals and Mining | 1.36% | |
| Copper | 0.36% | |
| Precious Metals and Minerals | 0% | |
| Silver | -3.26% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of 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$3.21 | 1.3% +HK$202.1m | 40.8% | PE6.4x | |
| 1090 Da Ming International Holdings | HK$2.60 | 2.8% +HK$89.2m | -15.3% | PE5.7x | |
| 2623 Add New Energy Investment Holdings Group | HK$0.095 | 2.2% +HK$10.5m | -57.0% | PS0.3x | |
| 103 Shougang Century Holdings | HK$0.27 | 1.9% +HK$9.9m | 1.9% | PE6.6x | |
| 6890 KangLi International Holdings | HK$0.58 | 1.8% +HK$6.1m | -14.7% | PE3.1x |
