Discovering Undiscovered Gems in Hong Kong August 2024
In This Article:
As global markets react to anticipated interest rate cuts and small-cap stocks outperform their larger counterparts, the Hong Kong market presents a unique landscape for discovering hidden opportunities. In this environment, identifying stocks with strong fundamentals and growth potential becomes crucial for investors seeking to capitalize on these trends.
Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| S.A.S. Dragon Holdings | 60.96% | 4.62% | 10.02% | ★★★★★★ |
| COSCO SHIPPING International (Hong Kong) | NA | -3.84% | 16.33% | ★★★★★★ |
| PW Medtech Group | NA | 17.93% | -2.70% | ★★★★★★ |
| Tianyun International Holdings | 10.09% | -5.59% | -9.92% | ★★★★★★ |
| JiaXing Gas Group | 17.72% | 26.04% | 22.07% | ★★★★★☆ |
| Hung Hing Printing Group | 3.97% | -2.51% | 33.57% | ★★★★★☆ |
| Chongqing Machinery & Electric | 28.07% | 8.82% | 11.12% | ★★★★★☆ |
| Changjiu Holdings | 14.09% | 12.87% | -4.74% | ★★★★★☆ |
| Time Interconnect Technology | 212.50% | 27.21% | 15.01% | ★★★★☆☆ |
| Pizu Group Holdings | 48.34% | -4.53% | -19.78% | ★★★★☆☆ |
Here's a peek at a few of the choices from the screener.
Xin Point Holdings
Simply Wall St Value Rating: ★★★★★☆
Overview: Xin Point Holdings Limited is an investment holding company that manufactures and sells automotive and electronic components in China, North America, Europe, and internationally with a market cap of HK$3.34 billion.
Operations: Xin Point Holdings generates revenue primarily from the manufacture and sale of automotive and electronic components, amounting to CN￥3.23 billion.
Xin Point Holdings reported half-year sales of CNY 1.65 billion, up from CNY 1.52 billion last year, with net income rising to CNY 322.16 million from CNY 263.67 million. The company approved a final dividend of HKD 0.25 per share for the year ended December 2023 and announced an interim dividend of HKD 0.2 per share for June 2024, payable in October. Earnings growth over the past year was robust at 27%, significantly outpacing the Auto Components industry's -16%.
Bank of Tianjin
Simply Wall St Value Rating: ★★★★★★
Overview: Bank of Tianjin Co., Ltd. offers a variety of banking and financial services mainly within the People’s Republic of China, with a market cap of approximately HK$10.62 billion.
Operations: Bank of Tianjin Co., Ltd. generates revenue primarily through its diverse banking and financial services within China. The company’s financial performance includes net profit margins that fluctuate, reflecting changes in operational efficiency and market conditions.