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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?

DateMarket CapRevenueEarningsPE
Tue, 05 Jul 2022HK$144.7bHK$582.1bHK$29.2b4.7x
Thu, 02 Jun 2022HK$150.1bHK$584.4bHK$29.3b5.1x
Sat, 30 Apr 2022HK$148.8bHK$578.3bHK$29.0b5.2x
Mon, 28 Mar 2022HK$154.6bHK$567.9bHK$32.8b4x
Wed, 23 Feb 2022HK$163.5bHK$560.9bHK$34.0b4x
Fri, 21 Jan 2022HK$168.0bHK$559.4bHK$33.9b4.3x
Sun, 19 Dec 2021HK$159.7bHK$557.6bHK$33.8b4.2x
Tue, 16 Nov 2021HK$151.5bHK$556.7bHK$33.8b4.1x
Thu, 14 Oct 2021HK$177.5bHK$526.5bHK$30.3b4.9x
Sat, 11 Sep 2021HK$234.0bHK$525.0bHK$30.2b7.9x
Mon, 09 Aug 2021HK$168.6bHK$525.7bHK$30.1b5.5x
Sun, 02 May 2021HK$194.9bHK$462.9bHK$18.9b8.7x
Wed, 03 Feb 2021HK$140.1bHK$420.1bHK$12.9b7.8x
Sat, 07 Nov 2020HK$114.5bHK$397.7bHK$10.2b8.2x
Fri, 31 Jul 2020HK$109.6bHK$380.8bHK$8.0b9.5x
Mon, 04 May 2020HK$104.3bHK$386.2bHK$10.8b11.6x
Thu, 06 Feb 2020HK$118.2bHK$405.5bHK$11.9b12.5x
Sun, 10 Nov 2019HK$117.3bHK$393.2bHK$14.6b10.6x
Sat, 03 Aug 2019HK$130.9bHK$409.5bHK$21.3b7.1x
Median PE Ratio

7.1x


Total Market Cap: HK$130.9bTotal Earnings: HK$21.3bTotal Revenue: HK$409.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Hong Kong Steel Industry Median PE3Y Average 7.9x202020212022
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 Market0.48%
Materials1.66%
Metals and Mining0.87%
Steel-4.44%
Gold2.77%
Aluminum1.74%
Diversified Metals and Mining1.36%
Copper0.36%
Precious Metals and Minerals0%
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?

CompanyLast Price7D1YValuation
639 Shougang Fushan Resources GroupHK$3.211.3%
+HK$202.1m
40.8%PE6.4x
1090 Da Ming International HoldingsHK$2.602.8%
+HK$89.2m
-15.3%PE5.7x
2623 Add New Energy Investment Holdings GroupHK$0.0952.2%
+HK$10.5m
-57.0%PS0.3x
103 Shougang Century HoldingsHK$0.271.9%
+HK$9.9m
1.9%PE6.6x
6890 KangLi International HoldingsHK$0.581.8%
+HK$6.1m
-14.7%PE3.1x
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