Are Investors Undervaluing Zhaojin Mining Industry Company Limited (HKG:1818) By 48%?
Jan 02
Have your own idea? Try our Stock Screener
Hong Kong (HSI) Metals and Mining Industry Analysis
UpdatedJan 03, 2026
DataAggregated Company Financials
Companies54
- 7D3.8%
- 3M15.2%
- 1Y167.9%
- YTD0%
Over the last 7 days, the Metals and Mining industry has risen 1.0%, driven by gains in Jiangxi Copper and Aluminum Corporation of China of 17% and 11%, respectively. This means that the industry has gained 160% over the past year. Looking forward, earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Hong Kong Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 03 Jan 2026 | HK$1.9t | HK$1.8t | HK$75.6b | 17.3x | 24.5x | 1x |
| Mon, 01 Dec 2025 | HK$1.6t | HK$1.8t | HK$74.8b | 15.8x | 21.7x | 0.9x |
| Wed, 29 Oct 2025 | HK$1.5t | HK$1.8t | HK$67.7b | 15.6x | 21.9x | 0.8x |
| Fri, 26 Sep 2025 | HK$2.2t | HK$2.3t | HK$143.8b | 15.2x | 15.1x | 0.9x |
| Sun, 24 Aug 2025 | HK$1.8t | HK$2.3t | HK$138.1b | 12.7x | 13x | 0.8x |
| Tue, 22 Jul 2025 | HK$1.6t | HK$2.3t | HK$131.2b | 11x | 12.4x | 0.7x |
| Thu, 19 Jun 2025 | HK$1.5t | HK$2.3t | HK$130.7b | 10x | 11.4x | 0.6x |
| Sat, 17 May 2025 | HK$1.3t | HK$2.3t | HK$110.8b | 8.8x | 12.1x | 0.6x |
| Mon, 14 Apr 2025 | HK$1.3t | HK$2.3t | HK$102.8b | 9.4x | 12.2x | 0.6x |
| Wed, 12 Mar 2025 | HK$1.3t | HK$2.2t | HK$86.9b | 11.1x | 14.9x | 0.6x |
| Fri, 07 Feb 2025 | HK$1.2t | HK$2.2t | HK$86.2b | 11.4x | 14.2x | 0.6x |
| Sun, 05 Jan 2025 | HK$1.1t | HK$2.2t | HK$85.8b | 10.8x | 13.4x | 0.5x |
| Tue, 03 Dec 2024 | HK$1.2t | HK$2.2t | HK$86.3b | 10.2x | 13.8x | 0.5x |
| Thu, 31 Oct 2024 | HK$1.3t | HK$2.3t | HK$92.4b | 9.4x | 13.8x | 0.6x |
| Sat, 28 Sep 2024 | HK$1.3t | HK$2.3t | HK$88.6b | 10x | 14.8x | 0.6x |
| Mon, 26 Aug 2024 | HK$1.2t | HK$2.2t | HK$81.2b | 9.6x | 14.3x | 0.5x |
| Wed, 24 Jul 2024 | HK$1.2t | HK$2.2t | HK$64.1b | 10.3x | 18.2x | 0.5x |
| Fri, 21 Jun 2024 | HK$1.3t | HK$2.2t | HK$64.2b | 11.2x | 19.9x | 0.6x |
| Sun, 19 May 2024 | HK$1.4t | HK$2.2t | HK$64.5b | 11.8x | 21.1x | 0.6x |
| Tue, 16 Apr 2024 | HK$1.3t | HK$2.2t | HK$63.0b | 12.2x | 20.9x | 0.6x |
| Thu, 14 Mar 2024 | HK$1.1t | HK$2.2t | HK$50.6b | 9.8x | 21x | 0.5x |
| Sat, 10 Feb 2024 | HK$919.8b | HK$2.2t | HK$45.3b | 9x | 20.3x | 0.4x |
| Mon, 08 Jan 2024 | HK$931.0b | HK$2.3t | HK$41.2b | 9.4x | 22.6x | 0.4x |
| Wed, 06 Dec 2023 | HK$900.1b | HK$2.3t | HK$41.2b | 8.6x | 21.9x | 0.4x |
| Fri, 03 Nov 2023 | HK$933.0b | HK$2.2t | HK$40.4b | 8.7x | 23.1x | 0.4x |
| Sun, 01 Oct 2023 | HK$966.4b | HK$2.2t | HK$33.4b | 9.6x | 28.9x | 0.4x |
| Tue, 29 Aug 2023 | HK$941.4b | HK$2.2t | HK$40.5b | 7x | 23.3x | 0.4x |
| Thu, 27 Jul 2023 | HK$1.0t | HK$2.3t | HK$63.3b | 7.5x | 16x | 0.4x |
| Sat, 24 Jun 2023 | HK$910.9b | HK$2.3t | HK$63.4b | 7x | 14.4x | 0.4x |
| Mon, 22 May 2023 | HK$931.3b | HK$2.3t | HK$64.4b | 7.2x | 14.5x | 0.4x |
| Wed, 19 Apr 2023 | HK$1.1t | HK$2.4t | HK$72.4b | 7.9x | 15.6x | 0.5x |
| Fri, 17 Mar 2023 | HK$968.0b | HK$2.3t | HK$96.9b | 7x | 10x | 0.4x |
| Sun, 12 Feb 2023 | HK$1.0t | HK$2.4t | HK$99.2b | 7.5x | 10.1x | 0.4x |
| Tue, 10 Jan 2023 | HK$968.7b | HK$2.4t | HK$99.0b | 7x | 9.8x | 0.4x |
Price to Earnings Ratio
9.8x
Current Industry PE
- Investors are optimistic on the Hong Kong Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.1x which is higher than its 3-year average PE of 17.1x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 8.5% per year over the last three years,
- Revenues have also declined 7.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | 1.74% | |
| Materials | 3.54% | |
| Metals and Mining | 3.78% | |
| Copper | 13.96% | |
| Aluminum | 7.15% | |
| Silver | 4.23% | |
| Diversified Metals and Mining | 4.10% | |
| Steel | 1.89% | |
| Gold | -3.63% | |
Industry PE
- Investors are most optimistic about the Gold industry which is trading above its 3-year average PE ratio of 20.8x.
- Analysts are expecting annual earnings growth of 35.6%, which is lower than the prior year's growth of 181.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 86% over the next 5 years.
- This is better than its past earnings decline of 21% per year.
- In contrast, the Copper industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 358 Jiangxi Copper | HK$43.68 | 17.3% +HK$22.2b | 246.1% | PE16.9x | |
| 2600 Aluminum Corporation of China | HK$12.64 | 10.9% +HK$21.3b | 181.5% | PE13.7x | |
| 1378 China Hongqiao Group | HK$34.02 | 5.3% +HK$16.9b | 196.3% | PE11.8x | |
| 1208 MMG | HK$9.12 | 4.9% +HK$5.2b | 261.9% | PE29.6x | |
| 486 United Company RUSAL International | HK$4.83 | 5.9% +HK$4.1b | 56.3% | PE62.4x |
