Operations: The company's revenue is primarily derived from the manufacture, assembly, and sale of mobile handset components and modules, amounting to CN￥152.36 billion.

Estimated Discount To Fair Value: 49.5%

BYD Electronic (International) is trading at HK$32.55, significantly below its estimated fair value of HK$64.4, suggesting it may be undervalued based on cash flows. Recent earnings for H1 2024 showed sales of CNY 78.58 billion and net income of CNY 1.52 billion, stable year-over-year. Analysts forecast annual profit growth at 24.9%, outpacing the Hong Kong market's average growth rate, though revenue growth is expected to be slower at 12% per year.

• Our comprehensive growth report raises the possibility that BYD Electronic (International) is poised for substantial financial growth.

• Delve into the full analysis health report here for a deeper understanding of BYD Electronic (International).

Meituan

Overview: Meituan is a technology retail company in the People's Republic of China with a market cap of approximately HK$1.02 trillion.

Operations: The company generates revenue from two main segments: Core Local Commerce, which contributed CN￥228.13 billion, and New Initiatives, which brought in CN￥77.56 billion.

Estimated Discount To Fair Value: 37.7%

Meituan is trading at HK$172, significantly below its estimated fair value of HK$276.09, indicating it may be undervalued based on cash flows. Recent H1 2024 earnings showed sales of CNY 155.53 billion and net income of CNY 16.72 billion, both up from the previous year. Analysts forecast annual earnings growth at 26%, outpacing the Hong Kong market's average growth rate. The company has also completed a substantial buyback program worth $2 billion in recent months.

• Our growth report here indicates Meituan may be poised for an improving outlook.

• Get an in-depth perspective on Meituan's balance sheet by reading our health report here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:2367 SEHK:285 and SEHK:3690.

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