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As global markets navigate economic uncertainty and inflation concerns, Asian stocks present intriguing opportunities for value investors. In this environment, identifying undervalued stocks like Zhejiang Leapmotor Technology and others can offer potential benefits as they are estimated to be trading below their fair value amidst market fluctuations.
Top 10 Undervalued Stocks Based On Cash Flows In Asia
| Name | Current Price | Fair Value (Est) | Discount (Est) |
| Chison Medical Technologies (SHSE:688358) | CN¥31.35 | CN¥61.59 | 49.1% |
| Xiamen Amoytop Biotech (SHSE:688278) | CN¥78.35 | CN¥153.42 | 48.9% |
| Japan Tobacco (TSE:2914) | ¥4048.00 | ¥8034.57 | 49.6% |
| Tongqinglou Catering (SHSE:605108) | CN¥20.93 | CN¥40.95 | 48.9% |
| Kokusai Electric (TSE:6525) | ¥2290.00 | ¥4502.45 | 49.1% |
| JSHLtd (TSE:150A) | ¥562.00 | ¥1099.88 | 48.9% |
| BalnibarbiLtd (TSE:3418) | ¥1110.00 | ¥2201.96 | 49.6% |
| T'Way Air (KOSE:A091810) | ₩2040.00 | ₩4007.16 | 49.1% |
| Contec.Co.Ltd (KOSDAQ:A451760) | ₩9980.00 | ₩19686.41 | 49.3% |
| SFA Semicon (KOSDAQ:A036540) | ₩2900.00 | ₩5699.32 | 49.1% |
Here we highlight a subset of our preferred stocks from the screener.
Zhejiang Leapmotor Technology
Overview: Zhejiang Leapmotor Technology Co., Ltd. focuses on the research, development, production, and sale of new energy vehicles (EVs) in Mainland China and internationally, with a market cap of HK$74.13 billion.
Operations: The company's revenue is primarily derived from the production, research and development, and sales of new energy vehicles, amounting to CN¥32.16 billion.
Estimated Discount To Fair Value: 36.3%
Zhejiang Leapmotor Technology's recent financial performance shows a significant reduction in net loss from CNY 4.22 billion to CNY 2.82 billion, alongside impressive sales growth to CNY 32.16 billion. The company is trading at HK$55.45, notably below its estimated fair value of HK$86.98, suggesting undervaluation based on cash flows. With revenue forecasted to grow annually by 27.7%, surpassing the Hong Kong market average, and expected profitability within three years, it presents a compelling investment case despite current losses.
Chifeng Jilong Gold MiningLtd
Overview: Chifeng Jilong Gold Mining Co., Ltd. is engaged in the mining of gold and non-ferrous metals, with a market capitalization of CN¥40.21 billion.
Operations: The company generates revenue from its operations primarily through Domestic Mining, which accounts for CN¥2.48 billion, and Overseas Mining, contributing CN¥6.24 billion.