Analysis Article • Aug 26
Have your own idea? Try our Stock Screener
- 7D1.9%
- 3M4.2%
- 1Y19.9%
- YTD-11.4%
In the last week, the Metals and Mining industry is up 1.9%, with China Nonferrous Mining up 14%. During this same period, the Zhaojin Mining Industry underperformed, falling 6.2%. This takes the industry's 12 month performance to a gain of 20%. Earnings are forecast to grow by 15% 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, 29 Aug 2026 | HK$1.7t | HK$2.1t | HK$117.2b | 14.6x | 14.7x | 0.8x |
| Mon, 27 Jul 2026 | HK$1.5t | HK$2.0t | HK$86.5b | 13.7x | 16.9x | 0.7x |
| Wed, 24 Jun 2026 | HK$1.4t | HK$2.0t | HK$86.0b | 13.9x | 16.1x | 0.7x |
| Fri, 22 May 2026 | HK$1.7t | HK$2.0t | HK$85.8b | 16.7x | 19.6x | 0.8x |
| Sun, 19 Apr 2026 | HK$2.0t | HK$1.9t | HK$77.9b | 19.2x | 26x | 1x |
| Tue, 17 Mar 2026 | HK$2.1t | HK$1.9t | HK$78.0b | 17.8x | 27.3x | 1.1x |
| Thu, 12 Feb 2026 | HK$2.3t | HK$1.9t | HK$76.7b | 20.2x | 29.4x | 1.2x |
| Sat, 10 Jan 2026 | HK$2.0t | HK$1.8t | HK$75.9b | 17.9x | 25.7x | 1.1x |
| Mon, 08 Dec 2025 | HK$1.8t | HK$1.8t | HK$74.8b | 16.8x | 23.5x | 1x |
| Wed, 05 Nov 2025 | HK$1.5t | HK$1.8t | HK$72.0b | 15.3x | 20.9x | 0.8x |
| Fri, 03 Oct 2025 | HK$2.7t | HK$2.3t | HK$127.6b | 18.1x | 21.5x | 1.2x |
| Sun, 31 Aug 2025 | HK$1.9t | HK$2.3t | HK$143.0b | 13.4x | 13.5x | 0.8x |
| Tue, 29 Jul 2025 | HK$1.7t | HK$2.3t | HK$130.7b | 11.3x | 12.6x | 0.7x |
| Thu, 26 Jun 2025 | HK$1.5t | HK$2.3t | HK$130.8b | 9.1x | 11.3x | 0.6x |
| Sat, 24 May 2025 | HK$1.4t | HK$2.3t | HK$111.3b | 9.5x | 12.6x | 0.6x |
| Mon, 21 Apr 2025 | HK$1.3t | HK$2.3t | HK$102.7b | 9.3x | 12.5x | 0.6x |
| Wed, 19 Mar 2025 | HK$1.4t | HK$2.2t | HK$93.9b | 12.8x | 14.7x | 0.6x |
| Fri, 14 Feb 2025 | HK$1.2t | HK$2.2t | HK$86.1b | 11.3x | 14.4x | 0.6x |
| Sun, 12 Jan 2025 | HK$1.2t | HK$2.2t | HK$85.7b | 11.2x | 13.7x | 0.5x |
| Tue, 10 Dec 2024 | HK$1.2t | HK$2.2t | HK$86.3b | 9.9x | 14x | 0.5x |
| Thu, 07 Nov 2024 | HK$1.3t | HK$2.2t | HK$87.3b | 9.8x | 15.2x | 0.6x |
| Sat, 05 Oct 2024 | HK$1.4t | HK$2.3t | HK$88.1b | 10.2x | 15.7x | 0.6x |
| Mon, 02 Sep 2024 | HK$1.2t | HK$2.3t | HK$87.1b | 9.2x | 13.4x | 0.5x |
| Wed, 31 Jul 2024 | HK$1.1t | HK$2.2t | HK$64.3b | 10.1x | 17.4x | 0.5x |
| Fri, 28 Jun 2024 | HK$1.2t | HK$2.2t | HK$64.1b | 10.9x | 19.1x | 0.6x |
| Sun, 26 May 2024 | HK$1.3t | HK$2.2t | HK$64.4b | 11.8x | 20.2x | 0.6x |
| Tue, 23 Apr 2024 | HK$1.3t | HK$2.2t | HK$63.0b | 12.1x | 20.9x | 0.6x |
| Thu, 21 Mar 2024 | HK$1.1t | HK$2.2t | HK$49.0b | 11.1x | 22.7x | 0.5x |
| Sat, 17 Feb 2024 | HK$919.1b | HK$2.2t | HK$45.7b | 9x | 20.1x | 0.4x |
| Mon, 15 Jan 2024 | HK$922.7b | HK$2.3t | HK$41.1b | 9.4x | 22.4x | 0.4x |
| Wed, 13 Dec 2023 | HK$872.8b | HK$2.2t | HK$41.0b | 8.5x | 21.3x | 0.4x |
| Fri, 10 Nov 2023 | HK$905.9b | HK$2.2t | HK$40.4b | 8.4x | 22.4x | 0.4x |
| Sun, 08 Oct 2023 | HK$948.5b | HK$2.2t | HK$33.4b | 9.4x | 28.4x | 0.4x |
| Tue, 05 Sep 2023 | HK$1.0t | HK$2.2t | HK$33.6b | 9.4x | 30.6x | 0.5x |
Price to Earnings Ratio
30.6x
Current Industry PE
- Investors are pessimistic on the Hong Kong Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 14.7x which is lower than its 3-year average PE of 19.0x.
- The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 52% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Hong Kong Materials industry?
| HK Market | -0.095% | |
| Materials | 1.91% | |
| Metals and Mining | 1.88% | |
| Copper | 7.22% | |
| Steel | 2.41% | |
| Aluminum | 2.30% | |
| Diversified Metals and Mining | 1.71% | |
| Silver | 0% | 0 |
| Gold | -0.63% | |
Industry PE
- Investors are most optimistic about the Gold industry even though it's trading below its 3-year average PE ratio of 24.3x.
- Analysts are expecting annual earnings growth of 13.5%, which is lower than the prior year's growth of 94.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 57% over the next 5 years.
- This is better than its past earnings growth rate of 4.9% per year.
- In contrast, the Copper industry is expected to see its earnings grow by 6.1% 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 | |
|---|---|---|---|---|---|
| 1258 China Nonferrous Mining | HK$17.49 | 14.1% +HK$8.4b | 68.8% | PE15.1x | |
| 358 Jiangxi Copper | HK$39.32 | 5.0% +HK$6.5b | 72.3% | PE10x | |
| 2600 Aluminum Corporation of China | HK$8.77 | 4.3% +HK$6.3b | 26.5% | PE7.4x | |
| 3939 Wanguo Gold Group | HK$15.60 | 7.4% +HK$4.7b | 107.4% | PE35.5x | |
| 1378 China Hongqiao Group | HK$23.50 | 1.4% +HK$3.1b | -7.6% | PE7.2x |