Angang Steel Company Limited's (HKG:347) Business And Shares Still Trailing The Industry
Feb 06
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Hong Kong (HSI) Steel Industry Analysis
UpdatedFeb 12, 2026
DataAggregated Company Financials
Companies22
- 7D-0.8%
- 3M-3.7%
- 1Y54.0%
- YTDn/a
The Steel is pretty flat in the last 7 days, but Tiangong International has stood out, gaining 5.1%. As for the the longer term, the industry is up 50% over the past 12 months. Looking forward, earnings are forecast to grow by 85% 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 |
|---|---|---|---|---|---|---|
| Thu, 12 Feb 2026 | HK$140.3b | HK$384.3b | -HK$7,931,944,955.32 | 17.3x | -17.7x | 0.4x |
| Sat, 10 Jan 2026 | HK$134.0b | HK$379.7b | -HK$7,812,333,984.00 | 16.6x | -17.1x | 0.4x |
| 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 |
Price to Earnings Ratio
20.8x
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 8.9% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 2.02% | |
| Materials | 1.63% | |
| Metals and Mining | 1.25% | |
| Steel | -0.82% | |
| Gold | 4.20% | |
| Diversified Metals and Mining | 1.42% | |
| Aluminum | 0.46% | |
| Silver | -2.99% | |
| Copper | -3.74% | |
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$3.53 | 5.1% +HK$463.3m | 102.9% | PE22.5x | |
| 1029 IRC | HK$0.56 | 1.8% +HK$370.6m | -35.6% | PS0.6x | |
| 3788 China Hanking Holdings | HK$4.42 | 2.8% +HK$264.2m | 414.0% | PE48.4x | |
| 581 China Oriental Group | HK$1.53 | 4.1% +HK$223.4m | 40.4% | PE19.5x | |
| 2623 Add New Energy Investment Holdings Group | HK$4.39 | 6.3% +HK$91.1m | 656.9% | PE18.2x |
