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← CockpitCompetitor Analysis › 3788.HK Hanking Gold International LimitedOpen in the cockpit ↗

Hanking Gold International Limited3788.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Materials›Chemicals: Specialty
Momentum weak 37
Mkt cap
$862M
US dollars, full cap
Free float
39%
of shares outstanding
$/day
$492,394
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
+1.1 pp
WACC 8.2%
Hurdle
n/a
no reverse DCF
Next earnings
139 days
25 Mar 2027
Close · HKDHK$2.77
1D-4.5%
1W+2.8%
1M-14.3%
3M-7.7%
6M-25.9%
YTD-23.4%
1Y-30.9%
ATR %6.1%
52w lowhigh50.6% off high

What Hanking Gold International does

Employees: 1,724

Hanking Gold International at a glance

Size Hanking Gold International (3788.HK) is a Hong Kong Materials company (Chemicals: Specialty) with a market value of $862M, the 629th largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$2.77 on 6 Nov 2026.

Performance Over six months the shares fell 25.9%, against -14.5% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 8th lowest of 21 in its peer set.

Growth Revenue fell 18.6% over the last twelve months (peer median +5.7%); the operating margin is 8.2% (peer median 5.7%).

Valuation It trades at 2.4× enterprise value to sales against a peer median of 2.8× (10th cheapest of 21).

Capital Return on invested capital runs 1.1 points above its cost of capital (8.2% WACC).

Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 843788.HK 70
Six months, rebased to 100: Hanking Gold International against the median of its 20 peers (local-currency closes).

Hanking Gold International financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueHK$2.30BHK$2.78BHK$2.69BHK$3.35BHK$3.03B
Revenue growth—+3%-20%+11%—
Gross profitHK$566MHK$723MHK$703MHK$660MHK$379M
EBITDAHK$212MHK$387MHK$433MHK$354MHK$98.9M
Net incomeHK$15.0MHK$187MHK$196MHK$168M-HK$59.7M
Free cash flow-HK$31.6M-HK$25.1MHK$54.9MHK$243MHK$56.2M
Capital expenditureHK$260MHK$205MHK$150MHK$148MHK$180M
Total debtn/aHK$1.25BHK$956MHK$869MHK$683M

Quarterly statements and history in the cockpit →

Hanking Gold International competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-40%-20%0%+20%KRODQ002810603010KINGFAALKYLAMINE002057300174TTI1314SUDARSCHEM002102300829301092301209NEO0005103788.HK6-month return →1-month return →
Up and to the right = strong over both horizons. Hanking Gold International is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%2.5×5×7.5×KRODQ002810603010KINGFAALKYLAMINE002057300174TTI1314SUDARSCHEM002102300109600691300829301092301209NEO0005100028863788.HKRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hanking Gold International is the large dot.

Hanking Gold International competitors and peer comparison

How Hanking Gold International compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hanking Gold International against its 20 peers (data as of 6 Nov 2026)
Measure3788.HKPeer medianRank in peer set
1-month return-14.3%-15.3%9th highest of 21
6-month return-25.9%-14.5%8th lowest of 21
Distance from 52-week high-50.6%-43.9%7th lowest of 21
Revenue growth (TTM)-18.6%+5.7%4th lowest of 21
Operating margin8.2%5.7%10th highest of 21
EV / Sales2.4×2.8×10th cheapest of 21
ROIC minus cost of capital+1.1 pp-4.3 pp3rd highest of 21
EV / EBITDA25.8×11.5×most expensive of 6
Net debt / EBITDA-6.1×0.9×least indebted of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Hanking Gold International 3788.HKHong Kong$862M-26%-19%8%2.4×n/an/a
Kronos Worldwide KROUnited States$859M+46%+3%-1%0.7×17.6%+2.6%
Daqo New Energy Corp Sponsored ADR DQUnited States$856M-32%-21%-70%1.0×n/an/a
Shandong Head 002810.SZChina$855M-38%+16%21%2.7×-1.6%+7.9%
Zhejiang Wansheng 603010.SSChina$872M-25%+19%-26%1.9×n/an/a
Kingfa Science & Technology (India) KINGFA.NSIndia$849M+20%+24%14%3.6×n/an/a
Alkyl Amines Chemicals ALKYLAMINE.NSIndia$849M-9%+13%17%4.4×36.2%+4.3%
Sinosteel New Materials 002057.SZChina$849M-22%+13%9%1.7×12.4%+13.5%
Fujian Yuanli Active Carbon 300174.SZChina$840M-14%+7%9%2.9×17.3%+10.1%
TETRA Technologies TTIUnited States$891M-39%+6%7%1.5×n/an/a
China Petrochemical Development 1314.TWTaiwan$833M-1%-35%-18%3.9×n/an/a
Sudarshan Chemical Industries SUDARSCHEM.NSIndia$893M+10%+90%4%0.8×27.0%+39.5%
HuBei NengTer Technology 002102.SZChina$832M-12%-59%-3%1.7×n/an/a
Boai NKY Medical 300109.SZChina$896M-32%-17%15%5.0×19.9%+3.9%
Shanxi Lu'an Chemical Technology 600691.SSChina$827M-31%-14%-8%1.4×27.2%-11.2%
Henan Jindan Lactic Acid Technology 300829.SZChina$900M+52%+5%3%3.8×n/an/a
Zhejiang Zhengguang Industrial 301092.SZChina$823M-1%-5%13%8.1×n/an/a
Longkou Union Chemical 301209.SZChina$904M-39%-3%9%11.4×36.9%+1.6%
Neo Performance Materials NEO.TOCanada$821M-13%+24%14%1.5×n/an/a
Sichuan Xinjinlu 000510.SZChina$906M-32%-4%-15%3.8×n/an/a
Shenzhen Wote Advanced Materials 002886.SZChina$906M-15%+10%4%3.2×31.3%+12.2%

Questions

Which companies are Hanking Gold International's closest peers?
The cockpit's peer set: Kronos Worldwide (KRO), Daqo New Energy Corp Sponsored ADR (DQ), Shandong Head (002810.SZ), Zhejiang Wansheng (603010.SS), Kingfa Science & Technology (India) (KINGFA.NS), Alkyl Amines Chemicals (ALKYLAMINE.NS), Sinosteel New Materials (002057.SZ), Fujian Yuanli Active Carbon (300174.SZ).
Is Hanking Gold International expensive compared with its peers?
On ev / sales it trades at 2.4× against a peer median of 2.8×, 10th cheapest of 21 in its peer set.
How has Hanking Gold International stock performed?
Over six months to 6 Nov 2026 the shares returned -25.9% against -14.5% for the median peer; over one year -30.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.