Calculating The Intrinsic Value Of Shougang Century Holdings Limited (HKG:103)
Nov 19
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Hong Kong (HSI) Steel Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies22
- 7D-0.03%
- 3M20.7%
- 1Y1.0%
- YTDn/a
Last week, the Steel industry hasn't moved much but Tiangong International is up 12% in that time. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 99% 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, 21 Nov 2024 | HK$98.7b | HK$412.9b | -HK$8,632,278,847.03 | 6.3x | -11.4x | 0.2x |
| Sat, 19 Oct 2024 | HK$96.0b | HK$432.9b | -HK$4,300,919,209.30 | 7x | -22.3x | 0.2x |
| Mon, 16 Sep 2024 | HK$79.6b | HK$435.0b | -HK$4,357,321,314.77 | 7x | -18.3x | 0.2x |
| Wed, 14 Aug 2024 | HK$85.6b | HK$441.0b | -HK$5,058,096,900.35 | 6.9x | -16.9x | 0.2x |
| Fri, 12 Jul 2024 | HK$91.5b | HK$436.5b | -HK$4,970,521,559.16 | 7.4x | -18.4x | 0.2x |
| Sun, 09 Jun 2024 | HK$94.4b | HK$437.6b | -HK$4,992,368,164.54 | 7.8x | -18.9x | 0.2x |
| Tue, 07 May 2024 | HK$97.9b | HK$439.7b | -HK$5,031,830,101.78 | 7.3x | -19.5x | 0.2x |
| Thu, 04 Apr 2024 | HK$97.9b | HK$448.5b | -HK$3,356,068,438.18 | 7.3x | -29.2x | 0.2x |
| Sat, 02 Mar 2024 | HK$107.3b | HK$448.2b | -HK$2,703,020,138.54 | 5.3x | -39.7x | 0.2x |
| Mon, 29 Jan 2024 | HK$103.4b | HK$466.8b | -HK$4,215,720,151.00 | 3.9x | -24.5x | 0.2x |
| Wed, 27 Dec 2023 | HK$100.3b | HK$467.3b | -HK$4,224,098,875.00 | 4.2x | -23.7x | 0.2x |
| Fri, 24 Nov 2023 | HK$102.0b | HK$466.4b | -HK$4,218,398,079.00 | 4.2x | -24.2x | 0.2x |
| Sun, 22 Oct 2023 | HK$96.5b | HK$459.3b | -HK$7,014,496,892.00 | 4x | -13.8x | 0.2x |
| Tue, 19 Sep 2023 | HK$103.2b | HK$460.3b | -HK$7,013,876,077.00 | 4x | -14.7x | 0.2x |
| Thu, 17 Aug 2023 | HK$101.8b | HK$474.0b | -HK$1,017,013,105.00 | 4x | -100.1x | 0.2x |
| Sat, 15 Jul 2023 | HK$98.1b | HK$479.9b | -HK$2,444,714,552.00 | 4.6x | -40.1x | 0.2x |
| Mon, 12 Jun 2023 | HK$98.6b | HK$481.9b | -HK$2,467,570,887.00 | 4.3x | -40x | 0.2x |
| Wed, 10 May 2023 | HK$113.7b | HK$495.5b | -HK$2,624,149,745.00 | 5.2x | -43.3x | 0.2x |
| Fri, 07 Apr 2023 | HK$108.8b | HK$511.2b | HK$3.4b | 4.6x | 32.2x | 0.2x |
| Sun, 05 Mar 2023 | HK$120.5b | HK$507.1b | HK$5.5b | 3.9x | 21.9x | 0.2x |
| Tue, 31 Jan 2023 | HK$119.3b | HK$517.4b | HK$5.6b | 4.1x | 21.5x | 0.2x |
| Thu, 29 Dec 2022 | HK$113.3b | HK$544.7b | HK$8.8b | 3.8x | 12.8x | 0.2x |
| Sat, 26 Nov 2022 | HK$110.7b | HK$533.0b | HK$8.7b | 3.8x | 12.8x | 0.2x |
| Mon, 24 Oct 2022 | HK$103.3b | HK$543.4b | HK$16.7b | 4.4x | 6.2x | 0.2x |
| Wed, 21 Sep 2022 | HK$111.1b | HK$559.2b | HK$17.1b | 4.8x | 6.5x | 0.2x |
| Fri, 19 Aug 2022 | HK$123.5b | HK$579.8b | HK$28.9b | 4.8x | 4.3x | 0.2x |
| Sun, 17 Jul 2022 | HK$131.8b | HK$578.0b | HK$29.0b | 4.7x | 4.5x | 0.2x |
| Tue, 14 Jun 2022 | HK$151.9b | HK$581.7b | HK$29.2b | 5x | 5.2x | 0.3x |
| Thu, 12 May 2022 | HK$142.2b | HK$579.8b | HK$29.1b | 5.4x | 4.9x | 0.2x |
| Sat, 09 Apr 2022 | HK$160.4b | HK$603.7b | HK$31.5b | 4.2x | 5.1x | 0.3x |
| Mon, 07 Mar 2022 | HK$165.7b | HK$563.1b | HK$34.1b | 4.1x | 4.9x | 0.3x |
| Wed, 02 Feb 2022 | HK$152.7b | HK$558.5b | HK$33.9b | 4.2x | 4.5x | 0.3x |
| Fri, 31 Dec 2021 | HK$155.0b | HK$557.9b | HK$33.8b | 4.1x | 4.6x | 0.3x |
| Sun, 28 Nov 2021 | HK$153.1b | HK$556.1b | HK$33.7b | 4.7x | 4.5x | 0.3x |
Price to Earnings Ratio
4.5x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 0.23x.
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 | 0.42% | |
| Materials | 0.21% | |
| Metals and Mining | 0.23% | |
| Steel | -0.03% | |
| Gold | 3.22% | |
| Silver | 1.96% | |
| Copper | 0.67% | |
| Precious Metals and Minerals | 0% | |
| Diversified Metals and Mining | -1.15% | |
| Aluminum | -3.38% | |
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$2.01 | 14.9% +HK$708.5m | -15.2% | PE15.2x | |
| 975 Mongolian Mining | HK$8.70 | 6.1% +HK$524.3m | 107.6% | PE5.4x | |
| 347 Angang Steel | HK$1.48 | 2.8% +HK$375.4m | -14.0% | PS0.1x | |
| 1053 Chongqing Iron & Steel | HK$0.98 | 4.3% +HK$354.1m | 25.6% | PS0.3x | |
| 639 Shougang Fushan Resources Group | HK$2.71 | 1.5% +HK$203.6m | 0.4% | PE9.2x |
