Is Angang Steel (HKG:347) A Risky Investment?
Nov 27
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Hong Kong (HSI) Steel Industry Analysis
UpdatedDec 08, 2025
DataAggregated Company Financials
Companies22
- 7D1.7%
- 3M4.6%
- 1Y45.0%
- YTDn/a
Over the last 7 days, the Steel industry has risen 1.7%, driven by gains from Mongolian Mining of 8.6%. This means that the industry has gained 45% over the past year. As for the next few years, earnings are expected to grow by 85% 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, 08 Dec 2025 | HK$129.3b | HK$374.9b | -HK$7,688,327,213.35 | 16x | -16.8x | 0.3x |
| Wed, 05 Nov 2025 | HK$132.1b | HK$371.7b | -HK$7,607,754,531.62 | 14.3x | -17.4x | 0.4x |
| Fri, 03 Oct 2025 | HK$132.0b | HK$370.0b | -HK$11,580,145,209.24 | 10.4x | -11.4x | 0.4x |
| Sun, 31 Aug 2025 | HK$119.8b | HK$380.9b | -HK$11,271,502,376.31 | 7.8x | -10.6x | 0.3x |
| Tue, 29 Jul 2025 | HK$119.7b | HK$395.2b | -HK$11,015,988,151.12 | 5.4x | -10.9x | 0.3x |
| Thu, 26 Jun 2025 | HK$104.5b | HK$396.0b | -HK$11,390,231,265.46 | 4.6x | -9.2x | 0.3x |
| Sat, 24 May 2025 | HK$101.2b | HK$394.6b | -HK$11,338,339,449.18 | 4.2x | -8.9x | 0.3x |
| Mon, 21 Apr 2025 | HK$93.2b | HK$390.1b | -HK$12,205,511,599.34 | 4.2x | -7.6x | 0.2x |
| Wed, 19 Mar 2025 | HK$103.9b | HK$413.2b | -HK$8,651,437,002.19 | 8x | -12x | 0.3x |
| Fri, 14 Feb 2025 | HK$97.2b | HK$410.7b | -HK$8,563,946,522.28 | 6.6x | -11.3x | 0.2x |
| Sun, 12 Jan 2025 | HK$94.3b | HK$408.6b | -HK$8,502,528,426.09 | 6.3x | -11.1x | 0.2x |
| Tue, 10 Dec 2024 | HK$103.1b | HK$411.4b | -HK$8,587,714,090.49 | 6.9x | -12x | 0.3x |
| Thu, 07 Nov 2024 | HK$103.1b | HK$416.0b | -HK$8,725,332,355.69 | 6.6x | -11.8x | 0.2x |
| Sat, 05 Oct 2024 | HK$101.7b | HK$435.7b | -HK$4,349,184,920.59 | 8.9x | -23.4x | 0.2x |
| Mon, 02 Sep 2024 | HK$84.3b | HK$440.3b | -HK$5,305,307,180.65 | 6.4x | -15.9x | 0.2x |
| Wed, 31 Jul 2024 | HK$86.0b | HK$437.4b | -HK$4,988,087,705.29 | 6.9x | -17.2x | 0.2x |
| Fri, 28 Jun 2024 | HK$89.2b | HK$436.3b | -HK$4,966,782,754.20 | 7.5x | -18x | 0.2x |
| Sun, 26 May 2024 | HK$97.9b | HK$437.9b | -HK$4,998,100,356.35 | 7.8x | -19.6x | 0.2x |
| Tue, 23 Apr 2024 | HK$100.8b | HK$448.4b | -HK$3,355,403,395.60 | 7.2x | -30x | 0.2x |
| Thu, 21 Mar 2024 | HK$99.3b | HK$448.3b | -HK$2,450,045,699.87 | 4.8x | -40.5x | 0.2x |
| Sat, 17 Feb 2024 | HK$102.7b | HK$452.5b | -HK$2,789,045,274.16 | 4x | -36.8x | 0.2x |
| Mon, 15 Jan 2024 | HK$103.7b | HK$466.1b | -HK$4,203,640,944.00 | 4.4x | -24.7x | 0.2x |
| Wed, 13 Dec 2023 | HK$99.3b | HK$465.0b | -HK$4,188,979,157.00 | 4.6x | -23.7x | 0.2x |
| Fri, 10 Nov 2023 | HK$97.6b | HK$458.3b | -HK$4,065,384,315.00 | 4x | -24x | 0.2x |
| Sun, 08 Oct 2023 | HK$101.1b | HK$460.5b | -HK$7,044,558,726.00 | 3.9x | -14.4x | 0.2x |
| Tue, 05 Sep 2023 | HK$105.8b | HK$462.6b | -HK$7,075,413,130.00 | 4x | -15x | 0.2x |
| Thu, 03 Aug 2023 | HK$108.4b | HK$476.5b | -HK$2,404,791,220.00 | 5x | -45.1x | 0.2x |
| Sat, 01 Jul 2023 | HK$93.9b | HK$473.0b | -HK$2,365,410,980.00 | 4.5x | -39.7x | 0.2x |
| Mon, 29 May 2023 | HK$102.3b | HK$485.7b | -HK$2,512,018,097.00 | 4.9x | -40.7x | 0.2x |
| Wed, 26 Apr 2023 | HK$107.2b | HK$502.9b | HK$1.8b | 5.3x | 58.2x | 0.2x |
| Fri, 24 Mar 2023 | HK$117.8b | HK$515.9b | HK$6.7b | 4.9x | 17.5x | 0.2x |
| Sun, 19 Feb 2023 | HK$114.4b | HK$509.5b | HK$5.5b | 3.9x | 20.8x | 0.2x |
| Tue, 17 Jan 2023 | HK$113.9b | HK$517.3b | HK$5.6b | 4x | 20.5x | 0.2x |
| Thu, 15 Dec 2022 | HK$115.6b | HK$545.3b | HK$8.9b | 4.1x | 13.1x | 0.2x |
Price to Earnings Ratio
13.1x
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 12% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 0.33% | |
| Materials | 7.65% | |
| Metals and Mining | 8.67% | |
| Steel | 1.73% | |
| Copper | 15.98% | |
| Diversified Metals and Mining | 14.08% | |
| Aluminum | 9.96% | |
| Gold | 4.61% | |
| Silver | 0% | 0 |
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 | |
|---|---|---|---|---|---|
| 975 Mongolian Mining | HK$11.40 | 9.5% +HK$1.0b | 43.8% | PE18.4x | |
| 2798 Perennial Energy Holdings | HK$1.20 | 10.1% +HK$176.0m | 16.5% | PE9.4x | |
| 581 China Oriental Group | HK$1.34 | 3.1% +HK$148.9m | 12.6% | PE17.6x | |
| 103 Shougang Century Holdings | HK$3.37 | 7.0% +HK$113.8m | 75.1% | PE92.9x | |
| 2738 Huajin International Holdings | HK$0.28 | 11.8% +HK$18.0m | -63.5% | PS0.05x |
