Looking to add potential meaningful upside to your portfolio, but unsure where to start? Stocks such as China Everbright Greentech and HKBN are considered to be high growth in terms of how much they’re expected to earn and return to shareholders, according to the market. Below I’ve put together a list of great potential investments for you to consider adding to your portfolio if growth is a dimension you would like to firm up.
China Everbright Greentech Limited (SEHK:1257)
China Everbright Greentech Limited owns and operates biomass power generation facility. Established in 2006, and now run by Xiaodong Qian, the company provides employment to 1,500 people and with the company’s market cap sitting at HKD HK$14.83B, it falls under the large-cap group.
1257’s projected future profit growth is a robust 23.80%, with an underlying 97.32% growth from its revenues expected over the upcoming years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 14.50%. 1257 ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in 1257? I recommend researching its fundamentals here.
HKBN Ltd. (SEHK:1310)
HKBN Ltd. provides telecommunication services to residential and enterprise markets in Hong Kong. Formed in 1992, and currently headed by CEO Chu Kwong Yeung, the company currently employs 2,888 people and with the market cap of HKD HK$9.90B, it falls under the mid-cap stocks category.
1310 is expected to deliver an extremely high earnings growth over the next couple of years of 32.81%, driven by a positive double-digit revenue growth of 28.43% and cost-cutting initiatives. It appears that 1310’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 73.29%. 1310’s impressive outlook on all aspects makes it a worthy company to spend more time to understand. Interested to learn more about 1310? Take a look at its other fundamentals here.
AAG Energy Holdings Limited (SEHK:2686)
AAG Energy Holdings Limited engages in the exploration, development, production, and sale of coalbed methane in the People’s Republic of China. Formed in 1994, and now run by Jing Li, the company currently employs 673 people and with the company’s market cap sitting at HKD HK$3.90B, it falls under the mid-cap group.