Have your own idea? Try our Stock Screener
Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 02, 2026
DataAggregated Company Financials
Companies22
- 7D-3.9%
- 3M-3.9%
- 1Y26.6%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.9%, driven by a pullback from Shougang Fushan Resources Group of 8.5%. In contrast, Hanking Gold International has gained 22%. This takes the industry's 12 month performance to a gain of 27%. As for the next few years, earnings are expected to grow by 90% 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 |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | HK$128.3b | HK$379.5b | -HK$8,045,314,616.94 | 21x | -15.9x | 0.3x |
| Sun, 01 Mar 2026 | HK$145.6b | HK$387.3b | -HK$8,001,615,989.97 | 17.9x | -18.2x | 0.4x |
| Tue, 27 Jan 2026 | HK$144.5b | HK$381.2b | -HK$7,851,215,871.43 | 17.2x | -18.4x | 0.4x |
| Thu, 25 Dec 2025 | HK$130.5b | HK$377.2b | -HK$7,748,587,537.34 | 15.6x | -16.8x | 0.3x |
| Sat, 22 Nov 2025 | HK$124.9b | HK$373.0b | -HK$7,640,357,949.24 | 15x | -16.4x | 0.3x |
| Mon, 20 Oct 2025 | HK$134.1b | HK$369.1b | -HK$11,546,531,460.74 | 11.2x | -11.6x | 0.4x |
| Wed, 17 Sep 2025 | HK$125.2b | HK$369.4b | -HK$11,515,243,002.94 | 9.8x | -10.9x | 0.3x |
| Fri, 15 Aug 2025 | HK$122.7b | HK$395.0b | -HK$11,010,035,856.83 | 5.3x | -11.1x | 0.3x |
| Sun, 13 Jul 2025 | HK$114.7b | HK$395.5b | -HK$11,026,432,998.52 | 5.2x | -10.4x | 0.3x |
| Tue, 10 Jun 2025 | HK$104.0b | HK$395.5b | -HK$11,372,465,425.16 | 4.5x | -9.1x | 0.3x |
| Thu, 08 May 2025 | HK$97.7b | HK$388.4b | -HK$10,767,686,284.12 | 4.2x | -9.1x | 0.3x |
| Sat, 05 Apr 2025 | HK$98.9b | HK$391.5b | -HK$12,265,082,324.57 | 4x | -8.1x | 0.3x |
| Mon, 03 Mar 2025 | HK$98.4b | HK$410.6b | -HK$8,573,869,461.29 | 6.9x | -11.5x | 0.2x |
| Wed, 29 Jan 2025 | HK$98.7b | HK$413.1b | -HK$8,637,606,367.86 | 6.6x | -11.4x | 0.2x |
| Fri, 27 Dec 2024 | HK$99.7b | HK$409.4b | -HK$8,528,563,525.40 | 6.6x | -11.7x | 0.2x |
| Sun, 24 Nov 2024 | HK$96.2b | HK$412.9b | -HK$8,632,194,829.64 | 6.8x | -11.1x | 0.2x |
| Tue, 22 Oct 2024 | HK$94.9b | HK$432.5b | -HK$4,293,133,840.27 | 7x | -22.1x | 0.2x |
| Thu, 19 Sep 2024 | HK$79.6b | HK$434.6b | -HK$4,326,794,258.85 | 6.1x | -18.4x | 0.2x |
| Sat, 17 Aug 2024 | HK$84.9b | HK$441.5b | -HK$5,066,427,989.89 | 7.1x | -16.8x | 0.2x |
| Mon, 15 Jul 2024 | HK$92.1b | HK$437.2b | -HK$4,984,673,518.44 | 7.6x | -18.5x | 0.2x |
| Wed, 12 Jun 2024 | HK$94.4b | HK$437.2b | -HK$4,984,243,975.04 | 7.8x | -18.9x | 0.2x |
| Fri, 10 May 2024 | HK$98.6b | HK$439.0b | -HK$5,018,428,997.96 | 7.8x | -19.7x | 0.2x |
| Sun, 07 Apr 2024 | HK$97.3b | HK$448.6b | -HK$3,357,903,405.50 | 7.2x | -29x | 0.2x |
| Tue, 05 Mar 2024 | HK$106.5b | HK$447.9b | -HK$2,698,878,042.71 | 5.3x | -39.5x | 0.2x |
| Thu, 01 Feb 2024 | HK$100.6b | HK$469.9b | -HK$4,263,461,597.00 | 3.8x | -23.6x | 0.2x |
| Sat, 30 Dec 2023 | HK$103.4b | HK$469.8b | -HK$4,262,646,424.00 | 4.3x | -24.2x | 0.2x |
| Mon, 27 Nov 2023 | HK$102.2b | HK$465.5b | -HK$4,200,068,612.00 | 4.2x | -24.3x | 0.2x |
| Wed, 25 Oct 2023 | HK$95.5b | HK$459.4b | -HK$7,018,314,615.00 | 3.9x | -13.6x | 0.2x |
| Fri, 22 Sep 2023 | HK$104.0b | HK$459.8b | -HK$7,030,377,415.00 | 4x | -14.8x | 0.2x |
| Sun, 20 Aug 2023 | HK$101.1b | HK$474.8b | -HK$1,297,977,208.00 | 4.1x | -77.9x | 0.2x |
| Tue, 18 Jul 2023 | HK$97.1b | HK$478.1b | -HK$2,417,851,871.00 | 4.6x | -40.2x | 0.2x |
| Thu, 15 Jun 2023 | HK$96.4b | HK$479.6b | -HK$2,441,522,746.00 | 4.4x | -39.5x | 0.2x |
| Sat, 13 May 2023 | HK$109.7b | HK$493.7b | -HK$2,603,982,006.00 | 5.1x | -42.1x | 0.2x |
| Mon, 10 Apr 2023 | HK$108.8b | HK$510.7b | HK$1.6b | 5.2x | 68.7x | 0.2x |
Price to Earnings Ratio
68.7x
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 9.4% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | -0.25% | |
| Materials | 1.56% | |
| Metals and Mining | 2.26% | |
| Steel | -3.93% | |
| Aluminum | 4.22% | |
| Silver | 3.13% | |
| Diversified Metals and Mining | 2.93% | |
| Gold | 2.56% | |
| Copper | -2.18% | |
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 | |
|---|---|---|---|---|---|
| 3788 Hanking Gold International | HK$4.24 | 21.8% +HK$1.7b | 324.0% | PE47.7x | |
| 2623 Add New Energy Investment Holdings Group | HK$5.19 | -9.9% HK$709.3m | 826.8% | PE32.2x | |
| 826 Tiangong International | HK$3.40 | 5.9% +HK$517.8m | 52.5% | PE21.6x | |
| 975 Mongolian Mining | HK$10.35 | 1.6% +HK$163.6m | 83.2% | PE224.1x | |
| 581 China Oriental Group | HK$1.28 | 3.2% +HK$148.9m | 0% | PE18.6x |