Three Undiscovered Gems in Hong Kong for 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 unique opportunities for discerning investors. In this dynamic environment, identifying stocks with strong fundamentals and growth potential becomes crucial for navigating the evolving economic landscape.

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%

★★★★★★

Lion Rock Group

16.91%

14.33%

10.15%

★★★★★★

E-Commodities Holdings

21.33%

9.04%

28.46%

★★★★★★

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%

★★★★★☆

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%

★★★★☆☆

Billion Industrial Holdings

3.63%

18.00%

-11.38%

★★★★☆☆

Click here to see the full list of 178 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Let's explore several standout options from the results in the screener.

Wanguo International Mining Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Wanguo International Mining Group Limited is an investment holding company involved in mining, ore processing, and the sale of concentrate products in China and the Solomon Islands, with a market cap of HK$6.54 billion.

Operations: The company generates revenue primarily from its Yifeng Project (CN¥749.25 million) and Solomon Project (CN¥912.63 million).

Wanguo International Mining Group, now Wanguo Gold Group, has shown impressive growth with earnings surging 89.9% in the past year, outpacing the industry average of 14.8%. Recent half-year results highlight a net income jump to CNY 254.27 million from CNY 147.11 million last year and sales rising to CNY 927.86 million from CNY 581.19 million previously reported. The company declared an interim dividend of HKD 0.12 per share and maintains a strong cash position relative to its debt levels.

SEHK:3939 Debt to Equity as at Aug 2024

COSCO SHIPPING International (Hong Kong)

Simply Wall St Value Rating: ★★★★★★

Overview: COSCO SHIPPING International (Hong Kong) Co., Ltd. is an investment holding company that offers a range of shipping services both in China and globally, with a market cap of HK$6.44 billion.

Operations: COSCO SHIPPING International (Hong Kong) generates revenue from various segments including General Trading (HK$478.19 million), Coatings (HK$992.94 million), Insurance Brokerage (HK$175.51 million), Ship Trading Agency (HK$99.97 million), and Marine Equipment and Spare Parts (HK$1.73 billion).