Mongolian Mining (HKG:975) Has A Somewhat Strained Balance Sheet
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Hong Kong (HSI) Steel Industry Analysis
UpdatedNov 06, 2025
DataAggregated Company Financials
Companies22
- 7D-1.0%
- 3M2.0%
- 1Y40.8%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably Add New Energy Investment Holdings Group gained 263%. The past year has been better, since the industry has gained 41% in that time. As for the next few years, earnings are expected to grow by 90% per annum.
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, 06 Nov 2025 | HK$131.1b | HK$371.7b | -HK$7,607,091,683.33 | 13.9x | -17.2x | 0.4x |
| Sat, 04 Oct 2025 | HK$132.3b | HK$370.0b | -HK$11,580,323,681.88 | 10.6x | -11.4x | 0.4x |
| Mon, 01 Sep 2025 | HK$119.6b | HK$369.3b | -HK$11,509,925,911.77 | 9.7x | -10.4x | 0.3x |
| Wed, 30 Jul 2025 | HK$123.1b | HK$395.1b | -HK$11,012,068,069.53 | 5.5x | -11.2x | 0.3x |
| Fri, 27 Jun 2025 | HK$111.8b | HK$396.1b | -HK$11,396,107,493.37 | 4.7x | -9.8x | 0.3x |
| Sun, 25 May 2025 | HK$101.4b | HK$394.7b | -HK$11,343,804,839.05 | 4.2x | -8.9x | 0.3x |
| Tue, 22 Apr 2025 | HK$93.4b | HK$390.4b | -HK$12,220,256,538.66 | 4.2x | -7.6x | 0.2x |
| Thu, 20 Mar 2025 | HK$102.9b | HK$412.8b | -HK$8,829,655,810.20 | 7.9x | -11.7x | 0.2x |
| Sat, 15 Feb 2025 | HK$97.2b | HK$412.0b | -HK$8,603,581,448.85 | 7x | -11.3x | 0.2x |
| Mon, 13 Jan 2025 | HK$94.3b | HK$408.6b | -HK$8,502,528,426.09 | 6.3x | -11.1x | 0.2x |
| Wed, 11 Dec 2024 | HK$102.0b | HK$412.1b | -HK$8,608,481,612.11 | 6.9x | -11.8x | 0.2x |
| Fri, 08 Nov 2024 | HK$105.8b | HK$416.9b | -HK$8,750,771,594.96 | 6.7x | -12.1x | 0.3x |
| Sun, 06 Oct 2024 | HK$101.3b | HK$435.5b | -HK$4,345,402,395.23 | 8.9x | -23.3x | 0.2x |
| Tue, 03 Sep 2024 | HK$84.0b | HK$438.9b | -HK$5,279,053,940.67 | 6.4x | -15.9x | 0.2x |
| Thu, 01 Aug 2024 | HK$87.5b | HK$439.1b | -HK$5,020,455,432.03 | 7.3x | -17.4x | 0.2x |
| Sat, 29 Jun 2024 | HK$90.1b | HK$436.6b | -HK$4,973,724,056.84 | 7.6x | -18.1x | 0.2x |
| Mon, 27 May 2024 | HK$97.9b | HK$437.9b | -HK$4,998,100,356.35 | 7.8x | -19.6x | 0.2x |
| Wed, 24 Apr 2024 | HK$96.0b | HK$448.2b | -HK$3,351,823,007.16 | 7.1x | -28.6x | 0.2x |
| Fri, 22 Mar 2024 | HK$99.2b | HK$448.1b | -HK$2,447,043,790.39 | 4.8x | -40.5x | 0.2x |
| Sun, 18 Feb 2024 | HK$102.8b | HK$448.2b | -HK$2,722,110,097.26 | 4x | -37.8x | 0.2x |
| Tue, 16 Jan 2024 | HK$104.9b | HK$465.7b | -HK$4,197,817,984.00 | 4.4x | -25x | 0.2x |
| Thu, 14 Dec 2023 | HK$97.7b | HK$465.0b | -HK$4,187,158,589.00 | 4.6x | -23.3x | 0.2x |
| Sat, 11 Nov 2023 | HK$97.6b | HK$458.2b | -HK$4,062,205,014.00 | 4x | -24x | 0.2x |
| Mon, 09 Oct 2023 | HK$101.1b | HK$460.5b | -HK$7,044,558,726.00 | 3.9x | -14.4x | 0.2x |
| Wed, 06 Sep 2023 | HK$104.9b | HK$461.0b | -HK$7,037,554,495.00 | 4x | -14.9x | 0.2x |
| Fri, 04 Aug 2023 | HK$108.4b | HK$477.1b | -HK$2,412,032,362.00 | 5.1x | -45x | 0.2x |
| Sun, 02 Jul 2023 | HK$93.9b | HK$473.7b | -HK$2,374,107,224.00 | 4.5x | -39.5x | 0.2x |
| Tue, 30 May 2023 | HK$101.4b | HK$484.5b | -HK$2,497,681,999.00 | 4.7x | -40.6x | 0.2x |
| Thu, 27 Apr 2023 | HK$107.4b | HK$502.7b | HK$1.8b | 5.4x | 58.3x | 0.2x |
| Sat, 25 Mar 2023 | HK$112.1b | HK$510.7b | HK$5.4b | 5.9x | 20.6x | 0.2x |
| Mon, 20 Feb 2023 | HK$114.4b | HK$509.5b | HK$5.5b | 3.9x | 20.8x | 0.2x |
| Wed, 18 Jan 2023 | HK$114.2b | HK$515.2b | HK$5.5b | 4x | 20.6x | 0.2x |
| Fri, 16 Dec 2022 | HK$114.9b | HK$544.4b | HK$8.8b | 3.9x | 13x | 0.2x |
| Sun, 13 Nov 2022 | HK$105.2b | HK$537.4b | HK$8.7b | 3.4x | 12.1x | 0.2x |
Price to Earnings Ratio
12.1x
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 0.23x.
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 12% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | -0.89% | |
| Materials | 0.89% | |
| Metals and Mining | 1.45% | |
| Steel | -0.99% | |
| Aluminum | 5.71% | |
| Silver | 5.17% | |
| Gold | 2.66% | |
| Copper | -5.01% | |
| Diversified Metals and Mining | -6.07% | |
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 | |
|---|---|---|---|---|---|
| 2623 Add New Energy Investment Holdings Group | HK$3.00 | 275.0% +HK$770.6m | 334.8% | PE12.9x | |
| 639 Shougang Fushan Resources Group | HK$3.25 | 4.8% +HK$763.7m | 11.3% | PE15.6x | |
| 826 Tiangong International | HK$3.11 | 5.4% +HK$436.0m | 63.7% | PE20.5x | |
| 581 China Oriental Group | HK$1.38 | 3.0% +HK$148.9m | 7.0% | PE18.2x | |
| 6885 Henan Jinma Energy | HK$1.58 | 14.5% +HK$107.1m | 139.4% | PS0.08x |
