Unveiling Undiscovered Gems in Hong Kong This October 2024

In This Article:

As the global markets navigate through a complex economic landscape, Hong Kong's Hang Seng Index has recently faced challenges, contrasting with gains seen in other regions such as the U.S. small-cap indices. In this environment, identifying potential growth opportunities often involves looking beyond headline indices to uncover stocks with strong fundamentals and resilience amid broader market shifts.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Lion Rock Group

16.91%

14.33%

10.15%

★★★★★★

E-Commodities Holdings

21.33%

9.04%

28.46%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-3.84%

16.33%

★★★★★★

Changjiu Holdings

NA

11.84%

2.46%

★★★★★★

Sundart Holdings

0.92%

-2.32%

-3.94%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Carote

2.36%

85.09%

92.12%

★★★★★☆

Billion Industrial Holdings

3.63%

18.00%

-11.38%

★★★★★☆

Time Interconnect Technology

151.14%

24.74%

19.78%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 166 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Here's a peek at a few of the choices from the screener.

Tianjin Port Development Holdings

Simply Wall St Value Rating: ★★★★★★

Overview: Tianjin Port Development Holdings Limited, an investment holding company, operates the port of Tianjin in the People’s Republic of China with a market capitalization of HK$4.25 billion.

Operations: The company generates revenue primarily from cargo handling (HK$7.62 billion), sales (HK$3.78 billion), and port ancillary services (HK$3.14 billion).

Tianjin Port Development Holdings, a relatively small player in the infrastructure sector, has made notable strides with earnings growth of 26% over the past year, outpacing the industry average of 9.7%. This performance is underpinned by high-quality earnings and a robust debt management strategy, evidenced by a reduction in its debt-to-equity ratio from 54.9% to 17.4% over five years. Despite net income dipping to HK$418 million from HK$474 million last year, sales rose to HK$6.75 billion from HK$6.24 billion in the same period, reflecting potential resilience amid market fluctuations. The company's addition to the S&P Global BMI Index further highlights its growing recognition within the market landscape.

SEHK:3382 Debt to Equity as at Oct 2024
SEHK:3382 Debt to Equity as at Oct 2024

Golden Throat Holdings Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Golden Throat Holdings Group Company Limited is an investment holding company that manufactures and sells pharmaceutical, healthcare food, and other products in the People’s Republic of China with a market cap of HK$2.41 billion.