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Hong Kong (HSI) Steel Industry Analysis
UpdatedApr 12, 2026
DataAggregated Company Financials
Companies22
- 7D4.1%
- 3M-3.9%
- 1Y45.6%
- YTDn/a
Over the last 7 days, the Steel industry has risen 4.1%, driven by gains from Maanshan Iron & Steel of 13%. During this same period, the Hanking Gold International underperformed, falling 5.9%. This takes the industry's 12 month performance to a gain of 46%. Looking forward, earnings are forecast to grow by 60% 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 |
|---|---|---|---|---|---|---|
| Mon, 13 Apr 2026 | HK$130.9b | HK$381.2b | -HK$8,104,337,477.96 | 21.2x | -16.1x | 0.3x |
| Wed, 11 Mar 2026 | HK$140.0b | HK$386.6b | -HK$7,970,746,214.22 | 15.9x | -17.6x | 0.4x |
| Fri, 06 Feb 2026 | HK$136.0b | HK$382.6b | -HK$7,886,450,712.49 | 16.8x | -17.2x | 0.4x |
| Sun, 04 Jan 2026 | HK$131.5b | HK$378.9b | -HK$7,793,292,049.08 | 15.8x | -16.9x | 0.3x |
| Tue, 02 Dec 2025 | HK$128.3b | HK$375.0b | -HK$7,690,990,769.24 | 15.4x | -16.7x | 0.3x |
| Thu, 30 Oct 2025 | HK$131.0b | HK$370.5b | -HK$11,601,380,292.78 | 11.2x | -11.3x | 0.4x |
| Sat, 27 Sep 2025 | HK$123.2b | HK$369.1b | -HK$11,548,573,287.98 | 9.9x | -10.7x | 0.3x |
| Mon, 25 Aug 2025 | HK$121.0b | HK$393.9b | -HK$11,036,837,380.79 | 5.3x | -11x | 0.3x |
| Wed, 23 Jul 2025 | HK$121.9b | HK$395.2b | -HK$11,013,060,129.41 | 6.1x | -11.1x | 0.3x |
| Fri, 20 Jun 2025 | HK$102.0b | HK$395.3b | -HK$11,362,411,300.38 | 4.5x | -9x | 0.3x |
| Sun, 18 May 2025 | HK$96.5b | HK$392.5b | -HK$11,257,102,501.74 | 4.3x | -8.6x | 0.2x |
| Tue, 15 Apr 2025 | HK$94.0b | HK$389.1b | -HK$12,166,222,169.67 | 4.1x | -7.7x | 0.2x |
| Thu, 13 Mar 2025 | HK$101.1b | HK$412.4b | -HK$8,627,468,937.35 | 7.3x | -11.7x | 0.2x |
| Sat, 08 Feb 2025 | HK$99.5b | HK$411.0b | -HK$8,573,159,287.73 | 6.7x | -11.6x | 0.2x |
| Mon, 06 Jan 2025 | HK$94.8b | HK$408.8b | -HK$8,509,907,527.12 | 6.4x | -11.1x | 0.2x |
| Wed, 04 Dec 2024 | HK$99.9b | HK$410.8b | -HK$8,568,169,978.39 | 6.3x | -11.7x | 0.2x |
| Fri, 01 Nov 2024 | HK$99.4b | HK$421.4b | -HK$7,050,525,817.39 | 7.1x | -14.1x | 0.2x |
| Sun, 29 Sep 2024 | HK$92.9b | HK$438.3b | -HK$4,393,513,605.84 | 7.9x | -21.2x | 0.2x |
| Tue, 27 Aug 2024 | HK$83.5b | HK$444.1b | -HK$4,919,079,459.40 | 6.7x | -17x | 0.2x |
| Thu, 25 Jul 2024 | HK$86.4b | HK$435.8b | -HK$4,958,696,372.04 | 7.4x | -17.4x | 0.2x |
| Sat, 22 Jun 2024 | HK$91.3b | HK$436.4b | -HK$4,969,553,242.30 | 7.8x | -18.4x | 0.2x |
| Mon, 20 May 2024 | HK$99.8b | HK$438.5b | -HK$5,009,008,505.94 | 7.9x | -19.9x | 0.2x |
| Wed, 17 Apr 2024 | HK$99.9b | HK$448.6b | -HK$3,357,018,890.44 | 7.3x | -29.8x | 0.2x |
| Fri, 15 Mar 2024 | HK$99.6b | HK$448.4b | -HK$2,706,644,480.83 | 4.6x | -36.8x | 0.2x |
| Sun, 11 Feb 2024 | HK$101.9b | HK$450.2b | -HK$2,753,600,908.54 | 3.8x | -37x | 0.2x |
| Tue, 09 Jan 2024 | HK$103.5b | HK$465.8b | -HK$4,201,751,273.00 | 4.3x | -24.6x | 0.2x |
| Thu, 07 Dec 2023 | HK$100.5b | HK$466.0b | -HK$4,203,699,978.00 | 4.3x | -23.9x | 0.2x |
| Sat, 04 Nov 2023 | HK$98.4b | HK$457.7b | -HK$4,050,203,399.00 | 4x | -24.3x | 0.2x |
| Mon, 02 Oct 2023 | HK$102.5b | HK$460.5b | -HK$7,043,859,189.00 | 4.1x | -14.6x | 0.2x |
| Wed, 30 Aug 2023 | HK$101.3b | HK$474.1b | -HK$1,778,831,625.00 | 4.2x | -57x | 0.2x |
| Fri, 28 Jul 2023 | HK$105.7b | HK$478.6b | -HK$2,429,273,176.00 | 4.9x | -43.5x | 0.2x |
| Sun, 25 Jun 2023 | HK$92.9b | HK$478.2b | -HK$2,425,693,576.00 | 4.2x | -38.3x | 0.2x |
| Tue, 23 May 2023 | HK$82.9b | HK$487.4b | -HK$2,531,113,936.00 | 5.1x | -32.7x | 0.2x |
| Thu, 20 Apr 2023 | HK$113.2b | HK$504.9b | HK$1.8b | 5.5x | 61.6x | 0.2x |
Price to Earnings Ratio
61.6x
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 9.0% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 2.27% | |
| Materials | 4.19% | |
| Metals and Mining | 4.56% | |
| Steel | 4.08% | |
| Diversified Metals and Mining | 6.56% | |
| Copper | 6.24% | |
| Aluminum | 4.17% | |
| Gold | 3.84% | |
| 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 | |
|---|---|---|---|---|---|
| 323 Maanshan Iron & Steel | HK$2.82 | 12.8% +HK$2.5b | 69.9% | PS0.2x | |
| 347 Angang Steel | HK$1.58 | 4.6% +HK$655.8m | 5.3% | PS0.1x | |
| 581 China Oriental Group | HK$1.42 | 10.9% +HK$521.2m | 25.7% | PE20.5x | |
| 975 Mongolian Mining | HK$10.72 | 3.6% +HK$382.9m | 96.0% | PE232.2x | |
| 1053 Chongqing Iron & Steel | HK$1.15 | 2.7% +HK$265.6m | 43.8% | PS0.4x |