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 10, 2026
DataAggregated Company Financials
Companies22
- 7D3.7%
- 3M-3.3%
- 1Y46.2%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 4.6%, driven by a pullback from Mongolian Mining of 2.3%. Meanwhile, Angang Steel actually outperformed within the industry, gaining 7.0% in the last week. This takes the industry's 12 month performance to a gain of 45%. Looking forward, earnings are forecast to grow by 86% 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 |
|---|---|---|---|---|---|---|
| Tue, 10 Feb 2026 | HK$138.1b | HK$383.6b | -HK$7,913,490,127.03 | 17.2x | -17.5x | 0.4x |
| Thu, 08 Jan 2026 | HK$133.7b | HK$378.1b | -HK$7,771,869,658.04 | 16.6x | -17.2x | 0.4x |
| Sat, 06 Dec 2025 | HK$129.3b | HK$374.9b | -HK$7,689,654,330.74 | 16x | -16.8x | 0.3x |
| Mon, 03 Nov 2025 | HK$131.6b | HK$372.0b | -HK$7,613,793,160.00 | 11.3x | -17.3x | 0.4x |
| Wed, 01 Oct 2025 | HK$130.5b | HK$369.9b | -HK$11,579,612,536.89 | 10.5x | -11.3x | 0.4x |
| Fri, 29 Aug 2025 | HK$119.6b | HK$386.1b | -HK$11,038,395,559.44 | 5.6x | -10.8x | 0.3x |
| Sun, 27 Jul 2025 | HK$121.6b | HK$395.5b | -HK$11,026,690,055.53 | 5.5x | -11x | 0.3x |
| Tue, 24 Jun 2025 | HK$101.6b | HK$395.2b | -HK$11,360,500,261.97 | 4.5x | -8.9x | 0.3x |
| Thu, 22 May 2025 | HK$98.7b | HK$393.5b | -HK$11,294,715,927.68 | 4.2x | -8.7x | 0.3x |
| Sat, 19 Apr 2025 | HK$93.2b | HK$390.1b | -HK$12,206,251,447.12 | 4.2x | -7.6x | 0.2x |
| Mon, 17 Mar 2025 | HK$102.4b | HK$412.8b | -HK$8,638,590,537.66 | 7.5x | -11.9x | 0.2x |
| Wed, 12 Feb 2025 | HK$98.6b | HK$410.2b | -HK$8,549,203,734.07 | 6.8x | -11.5x | 0.2x |
| Fri, 10 Jan 2025 | HK$97.1b | HK$408.3b | -HK$8,494,546,615.86 | 6.5x | -11.4x | 0.2x |
| Sun, 08 Dec 2024 | HK$103.2b | HK$411.4b | -HK$8,588,074,169.37 | 6.8x | -12x | 0.3x |
| Tue, 05 Nov 2024 | HK$100.4b | HK$420.6b | -HK$8,869,959,119.35 | 6.9x | -11.3x | 0.2x |
| Thu, 03 Oct 2024 | HK$100.0b | HK$438.0b | -HK$4,388,223,640.08 | 7.2x | -22.8x | 0.2x |
| Sat, 31 Aug 2024 | HK$84.3b | HK$444.0b | -HK$5,364,148,452.44 | 6.4x | -15.7x | 0.2x |
| Mon, 29 Jul 2024 | HK$85.6b | HK$437.3b | -HK$4,986,209,768.84 | 7.3x | -17.2x | 0.2x |
| Wed, 26 Jun 2024 | HK$89.6b | HK$436.5b | -HK$4,972,259,939.43 | 7.6x | -18x | 0.2x |
| Fri, 24 May 2024 | HK$98.5b | HK$437.8b | -HK$4,996,471,693.20 | 7.9x | -19.7x | 0.2x |
| Sun, 21 Apr 2024 | HK$100.8b | HK$448.4b | -HK$3,355,403,395.60 | 7.2x | -30x | 0.2x |
| Tue, 19 Mar 2024 | HK$98.5b | HK$447.7b | -HK$2,696,945,038.53 | 4.5x | -36.5x | 0.2x |
| Thu, 15 Feb 2024 | HK$101.6b | HK$448.6b | -HK$2,728,647,742.27 | 4x | -37.2x | 0.2x |
| Sat, 13 Jan 2024 | HK$103.7b | HK$466.1b | -HK$4,203,076,014.00 | 4.4x | -24.7x | 0.2x |
| Mon, 11 Dec 2023 | HK$100.0b | HK$465.5b | -HK$4,196,117,579.00 | 4.3x | -23.8x | 0.2x |
| Wed, 08 Nov 2023 | HK$97.7b | HK$459.1b | -HK$4,079,667,914.00 | 4x | -23.9x | 0.2x |
| Fri, 06 Oct 2023 | HK$102.5b | HK$460.4b | -HK$7,041,405,509.00 | 4.1x | -14.6x | 0.2x |
| Sun, 03 Sep 2023 | HK$100.7b | HK$463.8b | -HK$7,105,716,785.00 | 4x | -14.2x | 0.2x |
| Tue, 01 Aug 2023 | HK$107.3b | HK$478.1b | -HK$2,423,550,883.00 | 5.2x | -44.3x | 0.2x |
| Thu, 29 Jun 2023 | HK$93.4b | HK$474.2b | -HK$2,379,915,615.00 | 4.3x | -39.2x | 0.2x |
| Sat, 27 May 2023 | HK$102.2b | HK$485.7b | -HK$2,511,220,516.00 | 4.9x | -40.7x | 0.2x |
| Mon, 24 Apr 2023 | HK$110.0b | HK$504.9b | HK$1.8b | 5.5x | 59.9x | 0.2x |
| Wed, 22 Mar 2023 | HK$112.6b | HK$509.4b | HK$5.5b | 3.7x | 20.5x | 0.2x |
| Fri, 17 Feb 2023 | HK$114.2b | HK$510.5b | HK$5.5b | 3.8x | 20.7x | 0.2x |
Price to Earnings Ratio
20.7x
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 9.2% per year, which is driving profits down.
Industry Comparison
How does Hong Kong Steel compare with similar industries?
| HK Market | 1.87% | |
| Materials | 3.93% | |
| Metals and Mining | 3.62% | |
| Steel | 3.71% | |
| Diversified Metals and Mining | 10.54% | |
| Gold | 4.51% | |
| Aluminum | 1.56% | |
| Copper | 1.04% | |
| 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 | |
|---|---|---|---|---|---|
| 1029 IRC | HK$0.56 | 3.7% +HK$383.4m | -35.6% | PS0.6x | |
| 826 Tiangong International | HK$3.49 | 4.2% +HK$381.5m | 99.4% | PE22.2x | |
| 639 Shougang Fushan Resources Group | HK$3.35 | 2.1% +HK$356.4m | 40.2% | PE16.1x | |
| 581 China Oriental Group | HK$1.49 | 3.5% +HK$186.1m | 36.7% | PE19x | |
| 2623 Add New Energy Investment Holdings Group | HK$4.39 | 8.1% +HK$115.6m | 656.9% | PE18.2x |
