Yahoo Finance Undiscovered Gems In Hong Kong To Watch This September 2024
As global markets experience mixed performance, the Hong Kong market has shown resilience amid economic fluctuations. With the Hang Seng Index recently giving up 0.43%, investors are increasingly looking for promising opportunities within the region's small-cap sector. In this environment, identifying stocks with strong fundamentals and growth potential becomes crucial for navigating market volatility and capitalizing on emerging opportunities.
Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong
Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
E-Commodities Holdings | 21.33% | 9.04% | 28.46% | ★★★★★★ |
C&D Property Management Group | 1.32% | 37.15% | 41.55% | ★★★★★★ |
PW Medtech Group | 0.06% | 22.33% | -17.56% | ★★★★★★ |
Changjiu Holdings | NA | 11.84% | 2.46% | ★★★★★★ |
Sundart Holdings | 0.92% | -2.32% | -3.94% | ★★★★★★ |
China Leon Inspection Holding | 8.55% | 21.36% | 22.77% | ★★★★★★ |
Tianyun International Holdings | 10.09% | -5.59% | -9.92% | ★★★★★★ |
S.A.S. Dragon Holdings | 60.96% | 4.62% | 10.02% | ★★★★★☆ |
Chongqing Machinery & Electric | 27.77% | 8.82% | 11.12% | ★★★★☆☆ |
Billion Industrial Holdings | 3.63% | 18.00% | -11.38% | ★★★★☆☆ |
Let's uncover some gems from our specialized screener.
Xin Yuan Enterprises Group
Simply Wall St Value Rating: ★★★★★★
Overview: Xin Yuan Enterprises Group Limited is an investment holding company that offers asphalt tanker and bulk carrier chartering services in the People’s Republic of China, Hong Kong, and Singapore, with a market cap of HK$2.55 billion.
Operations: Xin Yuan Enterprises Group generates revenue primarily from asphalt tanker chartering services (HK$55.49 million) and bulk carrier chartering services (HK$3.63 million).
Xin Yuan Enterprises Group has shown remarkable progress, with earnings growing 14.6% over the past year, significantly outpacing the shipping industry's -47.4%. For the first half of 2024, net income surged to US$10.69 million from US$5.53 million a year ago, driven by a US$3.6 million gain from vessel disposal and increased revenue from asphalt tanker charters. The company’s debt to equity ratio improved to 31.3% over five years, reflecting prudent financial management.
Shanghai Industrial Holdings
Simply Wall St Value Rating: ★★★★☆☆
Overview: Shanghai Industrial Holdings Limited is an investment holding company involved in infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations across Hong Kong, China, the rest of Asia, and internationally with a market cap of approximately HK$11.81 billion.
Operations: SIHL generates revenue primarily from real estate (HK$17.26 billion), infrastructure and environmental protection (HK$9.42 billion), and consumer products (HK$3.59 billion).
Shanghai Industrial Holdings reported earnings growth of 25.6% over the past year, surpassing the Industrials industry average of 24.1%. The company's debt to equity ratio has slightly improved from 80.2% to 78.8% in five years, although its net debt to equity ratio remains high at 43.3%. Recent interim results show sales at HK$10.37 billion and net income at HK$1.2 billion for the first half of 2024, with an interim dividend of HK$0.42 per share announced for shareholders on record as of September 24, payable by October 10, reflecting consistent shareholder returns despite a dip in sales and earnings compared to last year’s figures.
AGTech Holdings
Simply Wall St Value Rating: ★★★★★★
Overview: AGTech Holdings Limited operates as an integrated technology and services company in the People’s Republic of China and Macau with a market cap of HK$2.50 billion.
Operations: AGTech Holdings Limited generates revenue primarily from its Lottery Operation (HK$248.76 million) and Electronic Payment and Related Services (HK$364.50 million).
AGTech Holdings, a small-cap entity in Hong Kong, recently reported earnings for the fifteen months ending March 31, 2024, with sales at HK$766.58 million and net income of HK$31.86 million. The company has no debt now compared to five years ago when its debt-to-equity ratio was 13.8%. Additionally, AGTech's share price has been highly volatile over the past three months. Recent executive changes include Mr. Zou Liang retiring as a non-executive director to focus on other commitments.
Click to explore a detailed breakdown of our findings in AGTech Holdings' health report.
Understand AGTech Holdings' track record by examining our Past report.
Taking Advantage
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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:1748 SEHK:363 and SEHK:8279.
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