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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 07, 2026
DataAggregated Company Financials
Companies22
- 7D-1.3%
- 3M-7.1%
- 1Y54.6%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 1.3%, driven by a pullback from Maanshan Iron & Steel of 0.4%. In contrast, Tiangong International has gained 9.7%. This takes the industry's 12 month performance to a gain of 55%. Looking forward, earnings are forecast to grow by 89% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 07 Apr 2026 | HK$126.5b | HK$378.7b | -HK$8,047,957,473.13 | 20.9x | -15.7x | 0.3x |
| Thu, 05 Mar 2026 | HK$140.5b | HK$384.8b | -HK$7,923,634,477.46 | 16.5x | -17.7x | 0.4x |
| Sat, 31 Jan 2026 | HK$141.2b | HK$381.9b | -HK$7,869,691,462.31 | 16.9x | -17.9x | 0.4x |
| Mon, 29 Dec 2025 | HK$130.9b | HK$377.4b | -HK$7,752,705,057.91 | 15.6x | -16.9x | 0.3x |
| Wed, 26 Nov 2025 | HK$127.3b | HK$373.7b | -HK$7,659,389,873.46 | 15.4x | -16.6x | 0.3x |
| Fri, 24 Oct 2025 | HK$133.0b | HK$369.3b | -HK$11,556,099,772.95 | 11.1x | -11.5x | 0.4x |
| Sun, 21 Sep 2025 | HK$124.7b | HK$369.1b | -HK$11,515,376,517.04 | 10.1x | -10.8x | 0.3x |
| Tue, 19 Aug 2025 | HK$122.0b | HK$393.6b | -HK$10,957,624,779.45 | 5.3x | -11.1x | 0.3x |
| Thu, 17 Jul 2025 | HK$111.7b | HK$395.0b | -HK$11,005,383,623.69 | 5.1x | -10.2x | 0.3x |
| Sat, 14 Jun 2025 | HK$104.0b | HK$395.4b | -HK$11,369,062,135.31 | 4.5x | -9.1x | 0.3x |
| Mon, 12 May 2025 | HK$97.6b | HK$389.4b | -HK$11,140,153,858.34 | 4.1x | -8.8x | 0.3x |
| Wed, 09 Apr 2025 | HK$87.7b | HK$388.5b | -HK$12,135,227,275.32 | 3.9x | -7.2x | 0.2x |
| Fri, 07 Mar 2025 | HK$101.1b | HK$412.3b | -HK$8,623,145,983.37 | 7.1x | -11.7x | 0.2x |
| Sun, 02 Feb 2025 | HK$98.7b | HK$413.1b | -HK$8,634,457,691.28 | 6.6x | -11.4x | 0.2x |
| Tue, 31 Dec 2024 | HK$100.0b | HK$409.0b | -HK$8,517,712,420.06 | 6.5x | -11.7x | 0.2x |
| Thu, 28 Nov 2024 | HK$96.4b | HK$413.1b | -HK$8,638,452,707.83 | 6.9x | -11.2x | 0.2x |
| Sat, 26 Oct 2024 | HK$95.5b | HK$431.8b | -HK$4,280,622,046.12 | 7x | -22.3x | 0.2x |
| Mon, 23 Sep 2024 | HK$81.0b | HK$437.0b | -HK$4,368,905,516.60 | 8x | -18.5x | 0.2x |
| Wed, 21 Aug 2024 | HK$83.9b | HK$442.5b | -HK$4,966,142,433.58 | 7x | -16.9x | 0.2x |
| Fri, 19 Jul 2024 | HK$90.4b | HK$436.7b | -HK$4,976,038,437.42 | 7.5x | -18.2x | 0.2x |
| Sun, 16 Jun 2024 | HK$92.9b | HK$437.2b | -HK$4,983,538,050.87 | 7.9x | -18.6x | 0.2x |
| Tue, 14 May 2024 | HK$99.7b | HK$438.3b | -HK$5,005,898,365.61 | 8.1x | -19.9x | 0.2x |
| Thu, 11 Apr 2024 | HK$99.5b | HK$448.8b | -HK$3,360,979,034.10 | 7.5x | -29.6x | 0.2x |
| Sat, 09 Mar 2024 | HK$104.2b | HK$448.2b | -HK$2,704,387,731.86 | 4.2x | -38.5x | 0.2x |
| Mon, 05 Feb 2024 | HK$98.6b | HK$464.6b | -HK$4,179,885,493.00 | 3.8x | -23.6x | 0.2x |
| Wed, 03 Jan 2024 | HK$105.5b | HK$467.3b | -HK$4,223,662,343.00 | 4.4x | -25x | 0.2x |
| Fri, 01 Dec 2023 | HK$100.6b | HK$467.1b | -HK$4,221,509,545.00 | 4.3x | -23.8x | 0.2x |
| Sun, 29 Oct 2023 | HK$98.1b | HK$459.0b | -HK$7,007,867,250.00 | 4x | -14x | 0.2x |
| Tue, 26 Sep 2023 | HK$102.6b | HK$459.3b | -HK$7,017,758,666.00 | 4x | -14.6x | 0.2x |
| Thu, 24 Aug 2023 | HK$99.4b | HK$474.7b | -HK$1,296,065,282.00 | 4.1x | -76.7x | 0.2x |
| Sat, 22 Jul 2023 | HK$98.2b | HK$477.3b | -HK$2,415,218,840.00 | 4.6x | -40.7x | 0.2x |
| Mon, 19 Jun 2023 | HK$97.1b | HK$480.9b | -HK$2,456,300,272.00 | 4.5x | -39.5x | 0.2x |
| Wed, 17 May 2023 | HK$109.2b | HK$492.4b | -HK$2,589,099,924.00 | 5x | -42.2x | 0.2x |
| Fri, 14 Apr 2023 | HK$111.4b | HK$506.1b | HK$1.8b | 5.5x | 60.7x | 0.2x |
Price to Earnings Ratio
60.7x
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 9.2% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 1.56% | |
| Materials | 2.51% | |
| Metals and Mining | 2.73% | |
| Steel | -1.33% | |
| Aluminum | 4.83% | |
| Silver | 4.40% | |
| Copper | 2.47% | |
| Diversified Metals and Mining | 1.87% | |
| Gold | 1.63% | |
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 | |
|---|---|---|---|---|---|
| 826 Tiangong International | HK$3.40 | 9.7% +HK$817.5m | 85.8% | PE21.5x | |
| 3788 Hanking Gold International | HK$4.24 | 5.2% +HK$462.3m | 381.8% | PE47.6x | |
| 639 Shougang Fushan Resources Group | HK$2.80 | 0.7% +HK$101.8m | 17.6% | PE22.5x | |
| 347 Angang Steel | HK$1.51 | 0.7% +HK$93.7m | 8.6% | PS0.1x | |
| 581 China Oriental Group | HK$1.28 | 1.6% +HK$74.5m | 17.4% | PE18.6x |