Yahoo Finance

Estimated Discount To Fair Value: 35.8%

Binjiang Service Group, trading at HK$17.9, is significantly undervalued with an estimated fair value of HK$27.89. The company's earnings grew by 16.4% over the past year and are forecast to grow annually by 15%, outpacing the Hong Kong market's growth rate of 11.6%. Recent earnings report shows a net income increase to CNY 265.32 million for H1 2024 from CNY 231 million a year ago, reinforcing its strong cash flow position despite an unstable dividend track record.

• Our earnings growth report unveils the potential for significant increases in Binjiang Service Group's future results.

• Take a closer look at Binjiang Service Group's balance sheet health here in our report.

Vobile Group

Overview: Vobile Group Limited is an investment holding company that offers software as a service for digital content asset protection and transactions across the United States, Japan, Mainland China, and internationally, with a market cap of HK$3.82 billion.

Operations: Revenue from software as a service for digital content assets protection and transaction amounted to HK$2.18 billion.

Estimated Discount To Fair Value: 35.7%

Vobile Group Limited, trading at HK$1.7, is significantly undervalued with an estimated fair value of HK$2.64. Recent earnings for H1 2024 show sales of HK$1.18 billion and net income of HK$41.47 million, up from last year’s figures, indicating robust cash flows despite lower profit margins (0.2% vs 2.5%). The company’s earnings are forecast to grow significantly by 59.4% annually over the next three years, outpacing the Hong Kong market's growth rate.

• Our expertly prepared growth report on Vobile Group implies its future financial outlook may be stronger than recent results.

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

Make It Happen

• Dive into all 32 of the Undervalued SEHK Stocks Based On Cash Flows we have identified here.

• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.

• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Looking For Alternative Opportunities?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.

• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.

• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.

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:2013 SEHK:3316 and SEHK:3738.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com