Hong Kong (HSI) Copper Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies5
- 7D-0.3%
- 3M-9.5%
- 1Y25.3%
- YTD-3.8%
The Copper industry has stayed flat over the last week. As for the the longer term, the industry is up 25% over the past 12 months. Looking forward, earnings are forecast to grow by 8.7% annually.
Industry Valuation and Performance
Has the Hong Kong Copper Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | HK$80.4b | HK$626.3b | HK$7.6b | 9x | 10.5x | 0.1x |
| Wed, 27 Sep 2023 | HK$86.0b | HK$606.6b | HK$7.3b | 9.4x | 11.8x | 0.1x |
| Fri, 25 Aug 2023 | HK$80.9b | HK$602.7b | HK$7.9b | 7.3x | 10.3x | 0.1x |
| Sun, 23 Jul 2023 | HK$81.5b | HK$609.6b | HK$8.4b | 8.7x | 9.7x | 0.1x |
| Tue, 20 Jun 2023 | HK$81.9b | HK$611.8b | HK$8.4b | 7.9x | 9.7x | 0.1x |
| Thu, 18 May 2023 | HK$84.4b | HK$626.2b | HK$8.6b | 8x | 9.8x | 0.1x |
| Sat, 15 Apr 2023 | HK$96.5b | HK$633.9b | HK$8.4b | 9.3x | 11.4x | 0.2x |
| Mon, 13 Mar 2023 | HK$84.5b | HK$626.6b | HK$9.6b | 6x | 8.8x | 0.1x |
| Wed, 08 Feb 2023 | HK$89.9b | HK$636.7b | HK$9.7b | 6.5x | 9.3x | 0.1x |
| Fri, 06 Jan 2023 | HK$80.4b | HK$626.8b | HK$9.6b | 6x | 8.4x | 0.1x |
| Sun, 04 Dec 2022 | HK$78.7b | HK$612.3b | HK$9.4b | 5.9x | 8.4x | 0.1x |
| Tue, 01 Nov 2022 | HK$65.1b | HK$598.9b | HK$9.3b | 4.5x | 7x | 0.1x |
| Thu, 29 Sep 2022 | HK$67.6b | HK$602.2b | HK$9.6b | 4.6x | 7.1x | 0.1x |
| Sat, 27 Aug 2022 | HK$80.6b | HK$629.2b | HK$10.8b | 4.9x | 7.5x | 0.1x |
| Mon, 25 Jul 2022 | HK$79.4b | HK$626.9b | HK$11.2b | 4.4x | 7.1x | 0.1x |
| Wed, 22 Jun 2022 | HK$89.2b | HK$632.2b | HK$11.3b | 5.6x | 7.9x | 0.1x |
| Fri, 20 May 2022 | HK$70.9b | HK$595.0b | HK$8.4b | 5.7x | 8.4x | 0.1x |
| Sun, 17 Apr 2022 | HK$87.5b | HK$605.0b | HK$8.1b | 7x | 10.8x | 0.1x |
| Tue, 15 Mar 2022 | HK$83.6b | HK$588.8b | HK$7.6b | 6.5x | 10.9x | 0.1x |
| Thu, 10 Feb 2022 | HK$94.1b | HK$583.9b | HK$7.6b | 7.4x | 12.4x | 0.2x |
| Sat, 08 Jan 2022 | HK$90.5b | HK$582.9b | HK$7.6b | 6.6x | 11.9x | 0.2x |
| Mon, 06 Dec 2021 | HK$92.9b | HK$582.9b | HK$7.6b | 6.7x | 12.3x | 0.2x |
| Wed, 03 Nov 2021 | HK$95.1b | HK$580.2b | HK$7.5b | n/a | 12.6x | 0.2x |
| Fri, 01 Oct 2021 | HK$100.2b | HK$540.3b | HK$9.7b | 6.1x | 10.3x | 0.2x |
| Sun, 29 Aug 2021 | HK$103.6b | HK$537.9b | HK$9.7b | 9.5x | 10.7x | 0.2x |
| Mon, 05 Jul 2021 | HK$97.7b | HK$537.9b | HK$9.7b | 8.9x | 10.1x | 0.2x |
| Thu, 08 Apr 2021 | HK$96.8b | HK$491.1b | HK$7.2b | 12.8x | 13.4x | 0.2x |
| Sun, 10 Jan 2021 | HK$81.8b | HK$438.0b | HK$4.0b | 14.1x | 20.2x | 0.2x |
Price to Earnings Ratio
53.1x
Current Industry PE
- Investors are pessimistic on the Hong Kong Copper 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 11.0x which is lower than its 3-year average PE of 14.4x.
- The industry is trading close to its 3-year average PS ratio of 0.16x.
Past Earnings Growth
- The earnings for companies in the Copper industry have grown 86% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Hong Kong Copper compare with similar industries?
| HK Market | 0.88% | |
| Materials | 3.21% | |
| Metals and Mining | 3.00% | |
| Copper | -0.27% | |
| Aluminum | 7.01% | |
| Diversified Metals and Mining | 3.87% | |
| Steel | 2.20% | |
| Gold | 1.34% | |
| Precious Metals and Minerals | 0% | |
| Silver | -6.50% | |
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 | |
|---|---|---|---|---|---|
| 1258 China Nonferrous Mining | HK$4.76 | 2.6% +HK$448.7m | 67.0% | PE9x | |
| 2362 Jinchuan Group International Resources | HK$0.47 | 8.0% +HK$437.6m | -8.7% | PS1.1x | |
| 358 Jiangxi Copper | HK$11.20 | 0.9% +HK$346.3m | 30.5% | PE5.8x |