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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 16, 2025
DataAggregated Company Financials
Companies22
- 7D11.2%
- 3M1.3%
- 1Y6.1%
- YTDn/a
Over the last 7 days, the Steel industry has risen 16%, driven by gains from Maanshan Iron & Steel of 25%. During this same period, the Shougang Century Holdings underperformed, falling 5.5%. In the last 12 months, the industry was up 4.9%. Looking forward, earnings are forecast to grow by 91% 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 |
|---|---|---|---|---|---|---|
| Wed, 16 Apr 2025 | HK$92.9b | HK$389.1b | -HK$12,163,202,581.45 | 4.1x | -7.6x | 0.2x |
| Fri, 14 Mar 2025 | HK$102.2b | HK$412.2b | -HK$8,622,620,802.85 | 7.2x | -11.9x | 0.2x |
| Sun, 09 Feb 2025 | HK$99.5b | HK$411.0b | -HK$8,574,275,320.00 | 6.7x | -11.6x | 0.2x |
| Tue, 07 Jan 2025 | HK$96.7b | HK$408.4b | -HK$8,500,322,117.76 | 6.7x | -11.4x | 0.2x |
| Thu, 05 Dec 2024 | HK$102.1b | HK$411.7b | -HK$8,596,538,990.42 | 6.7x | -11.9x | 0.2x |
| Sat, 02 Nov 2024 | HK$101.8b | HK$419.2b | -HK$8,828,944,129.80 | 6.8x | -11.5x | 0.2x |
| Mon, 30 Sep 2024 | HK$92.9b | HK$438.3b | -HK$4,393,513,605.84 | 7.9x | -21.2x | 0.2x |
| Wed, 28 Aug 2024 | HK$83.2b | HK$444.2b | -HK$4,920,525,108.51 | 6.7x | -16.9x | 0.2x |
| Fri, 26 Jul 2024 | HK$86.0b | HK$438.3b | -HK$5,005,017,460.01 | 7.3x | -17.2x | 0.2x |
| Sun, 23 Jun 2024 | HK$91.2b | HK$436.5b | -HK$4,971,737,036.00 | 7.8x | -18.3x | 0.2x |
| Tue, 21 May 2024 | HK$100.2b | HK$437.8b | -HK$4,996,814,571.62 | 8x | -20.1x | 0.2x |
| Thu, 18 Apr 2024 | HK$100.3b | HK$448.5b | -HK$3,355,782,378.36 | 7.3x | -29.9x | 0.2x |
| Sat, 16 Mar 2024 | HK$99.4b | HK$448.0b | -HK$2,700,393,206.23 | 4.6x | -36.8x | 0.2x |
| Mon, 12 Feb 2024 | HK$101.9b | HK$450.2b | -HK$2,753,600,908.54 | 3.8x | -37x | 0.2x |
| Wed, 10 Jan 2024 | HK$103.0b | HK$467.7b | -HK$4,229,245,494.00 | 4.3x | -24.4x | 0.2x |
| Fri, 08 Dec 2023 | HK$100.0b | HK$467.2b | -HK$4,221,523,575.00 | 4.3x | -23.7x | 0.2x |
| Sun, 05 Nov 2023 | HK$98.5b | HK$458.0b | -HK$4,056,619,684.00 | 4x | -24.3x | 0.2x |
| Tue, 03 Oct 2023 | HK$102.5b | HK$460.6b | -HK$7,045,659,412.00 | 4.1x | -14.5x | 0.2x |
| Thu, 31 Aug 2023 | HK$99.9b | HK$474.3b | -HK$1,780,692,005.00 | 4.1x | -56.1x | 0.2x |
| Sat, 29 Jul 2023 | HK$107.0b | HK$477.7b | -HK$2,418,702,987.00 | 5.2x | -44.2x | 0.2x |
| Mon, 26 Jun 2023 | HK$92.9b | HK$478.2b | -HK$2,425,693,576.00 | 4.2x | -38.3x | 0.2x |
| Wed, 24 May 2023 | HK$103.4b | HK$486.4b | -HK$2,519,874,317.00 | 5.1x | -41x | 0.2x |
| Fri, 21 Apr 2023 | HK$112.5b | HK$505.8b | HK$1.8b | 5.5x | 61.3x | 0.2x |
| Sun, 19 Mar 2023 | HK$113.8b | HK$508.5b | HK$5.5b | 3.7x | 20.7x | 0.2x |
| Tue, 14 Feb 2023 | HK$116.5b | HK$512.9b | HK$5.5b | 4x | 21.1x | 0.2x |
| Thu, 12 Jan 2023 | HK$113.0b | HK$514.5b | HK$5.5b | 3.9x | 20.4x | 0.2x |
| Sat, 10 Dec 2022 | HK$115.1b | HK$543.6b | HK$8.7b | 3.8x | 13.2x | 0.2x |
| Mon, 07 Nov 2022 | HK$99.8b | HK$533.3b | HK$8.7b | 3.4x | 11.5x | 0.2x |
| Wed, 05 Oct 2022 | HK$104.2b | HK$551.8b | HK$16.9b | 4.3x | 6.2x | 0.2x |
| Fri, 02 Sep 2022 | HK$118.4b | HK$572.7b | HK$21.8b | 4.7x | 5.4x | 0.2x |
| Sun, 31 Jul 2022 | HK$128.6b | HK$579.0b | HK$29.0b | 4.9x | 4.4x | 0.2x |
| Tue, 28 Jun 2022 | HK$145.7b | HK$583.2b | HK$29.2b | 4.8x | 5x | 0.2x |
| Thu, 26 May 2022 | HK$148.6b | HK$586.0b | HK$29.3b | 5.3x | 5.1x | 0.3x |
| Sat, 23 Apr 2022 | HK$155.3b | HK$589.9b | HK$30.4b | 4.4x | 5.1x | 0.3x |
Price to Earnings Ratio
5.1x
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 0.22x.
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 13% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 6.45% | |
| Materials | 11.64% | |
| Metals and Mining | 13.99% | |
| Steel | 11.18% | |
| Gold | 18.10% | |
| Diversified Metals and Mining | 15.25% | |
| Copper | 10.63% | |
| Aluminum | 8.05% | |
| Silver | 6.28% | |
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 | |
|---|---|---|---|---|---|
| 323 Maanshan Iron & Steel | HK$1.77 | 24.6% +HK$2.7b | 58.0% | PS0.2x | |
| 347 Angang Steel | HK$1.53 | 10.1% +HK$1.3b | 17.7% | PS0.1x | |
| 975 Mongolian Mining | HK$5.65 | 16.3% +HK$791.6m | -39.2% | PE3.3x | |
| 1053 Chongqing Iron & Steel | HK$0.80 | 8.1% +HK$531.1m | 33.3% | PS0.2x | |
| 826 Tiangong International | HK$1.97 | 7.7% +HK$381.5m | 10.1% | PE14.1x |
