Some Investors May Be Worried About Huaibei GreenGold Industry Investment's (HKG:2450) Returns On Capital
May 23
Hong Kong (HSI) Basic Materials Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies18
- 7D-3.7%
- 3M13.5%
- 1Y-16.0%
- YTD6.1%
Over the last 7 days, the Basic Materials industry has dropped 3.7%, driven by Anhui Conch Cement declining 3.9%. On the other hand Asia Cement (China) Holdings is actually up 47%. The industry has fallen 16% in the last year. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Hong Kong Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | HK$202.8b | HK$541.4b | HK$11.9b | 13.7x | 17.1x | 0.4x |
| Sat, 27 Apr 2024 | HK$189.3b | HK$573.9b | HK$15.2b | 13.9x | 12.5x | 0.3x |
| Mon, 25 Mar 2024 | HK$199.6b | HK$567.6b | HK$13.8b | 12.7x | 14.5x | 0.4x |
| Wed, 21 Feb 2024 | HK$210.1b | HK$576.4b | HK$17.5b | 14.1x | 12x | 0.4x |
| Fri, 19 Jan 2024 | HK$198.9b | HK$576.6b | HK$17.5b | 11.8x | 11.3x | 0.3x |
| Sun, 17 Dec 2023 | HK$205.9b | HK$581.2b | HK$17.7b | 14.9x | 11.6x | 0.4x |
| Tue, 14 Nov 2023 | HK$220.2b | HK$568.4b | HK$17.3b | 13x | 12.8x | 0.4x |
| Thu, 12 Oct 2023 | HK$232.1b | HK$575.2b | HK$19.4b | 10.7x | 11.9x | 0.4x |
| Sat, 09 Sep 2023 | HK$248.1b | HK$573.6b | HK$19.4b | 12.2x | 12.8x | 0.4x |
| Mon, 07 Aug 2023 | HK$276.9b | HK$596.7b | HK$24.7b | 12.5x | 11.2x | 0.5x |
| Wed, 05 Jul 2023 | HK$257.7b | HK$595.8b | HK$25.4b | 10.5x | 10.2x | 0.4x |
| Fri, 02 Jun 2023 | HK$258.0b | HK$604.8b | HK$25.8b | 10.3x | 10x | 0.4x |
| Sun, 30 Apr 2023 | HK$294.2b | HK$622.2b | HK$26.5b | 11.6x | 11.1x | 0.5x |
| Tue, 28 Mar 2023 | HK$312.1b | HK$641.6b | HK$43.4b | 8.9x | 7.2x | 0.5x |
| Thu, 23 Feb 2023 | HK$350.8b | HK$670.2b | HK$49.5b | 6.6x | 7.1x | 0.5x |
| Sat, 21 Jan 2023 | HK$338.6b | HK$679.5b | HK$50.1b | 6.4x | 6.8x | 0.5x |
| Mon, 19 Dec 2022 | HK$326.3b | HK$657.8b | HK$48.5b | 6.5x | 6.7x | 0.5x |
| Wed, 16 Nov 2022 | HK$315.1b | HK$653.3b | HK$48.3b | 6.4x | 6.5x | 0.5x |
| Fri, 14 Oct 2022 | HK$293.3b | HK$681.9b | HK$59.7b | 4.4x | 4.9x | 0.4x |
| Sun, 11 Sep 2022 | HK$349.0b | HK$704.0b | HK$61.6b | 5.4x | 5.7x | 0.5x |
| Tue, 09 Aug 2022 | HK$358.6b | HK$759.6b | HK$73.1b | 5.1x | 4.9x | 0.5x |
| Thu, 07 Jul 2022 | HK$386.7b | HK$764.4b | HK$74.8b | 5.1x | 5.2x | 0.5x |
| Sat, 04 Jun 2022 | HK$402.4b | HK$771.1b | HK$75.4b | 5.7x | 5.3x | 0.5x |
| Mon, 02 May 2022 | HK$459.4b | HK$778.4b | HK$76.5b | 5.9x | 6x | 0.6x |
| Wed, 30 Mar 2022 | HK$439.5b | HK$816.2b | HK$82.3b | 5.3x | 5.3x | 0.5x |
| Fri, 25 Feb 2022 | HK$472.4b | HK$821.6b | HK$80.8b | 6.2x | 5.8x | 0.6x |
| Sun, 23 Jan 2022 | HK$477.2b | HK$816.6b | HK$80.3b | 6.2x | 5.9x | 0.6x |
| Tue, 21 Dec 2021 | HK$443.6b | HK$813.7b | HK$80.1b | 5.5x | 5.5x | 0.5x |
| Thu, 18 Nov 2021 | HK$428.3b | HK$809.4b | HK$80.3b | 5.6x | 5.3x | 0.5x |
| Sat, 16 Oct 2021 | HK$465.7b | HK$815.1b | HK$83.7b | 5.8x | 5.6x | 0.6x |
| Mon, 13 Sep 2021 | HK$557.2b | HK$811.8b | HK$83.4b | 7.4x | 6.7x | 0.7x |
| Wed, 11 Aug 2021 | HK$474.3b | HK$811.8b | HK$83.4b | 7x | 5.7x | 0.6x |
| Sun, 06 Jun 2021 | HK$529.7b | HK$794.6b | HK$83.7b | 7.1x | 6.3x | 0.7x |
Price to Earnings Ratio
6.3x
Current Industry PE
- Investors are optimistic on the Hong Kong Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.1x which is higher than its 3-year average PE of 8.2x.
- The industry is trading close to its 3-year average PS ratio of 0.48x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 48% per year over the last three years,
- Revenues have also declined 12% 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 | -2.07% | |
| Materials | 0.66% | |
| Basic Materials | -3.69% | |
| Construction Materials | -3.69% | |
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 | |
|---|---|---|---|---|---|
| 743 Asia Cement (China) Holdings | HK$3.32 | 46.9% +HK$1.7b | -1.8% | PS0.7x | |
| 2450 Huaibei GreenGold Industry Investment | HK$0.80 | 6.7% +HK$13.2m | 29.0% | PE5.2x | |
| 6193 Tailam Tech Construction Holdings | HK$0.24 | 13.8% +HK$11.6m | -8.1% | PS0.4x | |
| 2187 Zhixin Group Holding | HK$0.95 | 1.1% +HK$7.5m | -85.8% | PE65.4x | |
| 2212 Future Bright Mining Holdings | HK$0.21 | 1.4% +HK$3.2m | 7.0% | PS2.7x |
