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Promising Undiscovered Gems in Hong Kong This August 2024

In This Article:

As global markets exhibit volatility and investors react to mixed economic signals, the Hong Kong market has shown resilience, particularly within its small-cap segment. With broader market sentiment impacting small caps, identifying promising stocks requires a keen eye for companies with strong fundamentals and growth potential amidst these fluctuating conditions.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

S.A.S. Dragon Holdings

37.35%

4.13%

12.06%

★★★★★★

E-Commodities Holdings

23.22%

6.87%

31.81%

★★★★★★

PW Medtech Group

NA

17.93%

-2.70%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

JiaXing Gas Group

17.72%

26.04%

22.07%

★★★★★☆

Hung Hing Printing Group

3.97%

-2.51%

33.57%

★★★★★☆

Changjiu Holdings

14.09%

12.87%

-4.74%

★★★★★☆

Mulsanne Group Holding

186.88%

-12.02%

-43.54%

★★★★☆☆

Time Interconnect Technology

212.50%

27.21%

15.01%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 169 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Kinetic Development Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Kinetic Development Group Limited (SEHK:1277) is an investment holding company involved in the extraction and sale of coal products in the People’s Republic of China, with a market cap of HK$9.95 billion.

Operations: Kinetic Development Group Limited generates revenue primarily from the extraction and sale of coal products in China. The company's net profit margin is 18.5%.

Kinetic Development Group, a small cap in Hong Kong, has seen its debt to equity ratio reduce from 26.6% to 17.6% over the past five years. Despite negative earnings growth (-22%) compared to the industry average (-6.8%), it trades at 22.4% below estimated fair value and boasts high-quality earnings with EBIT covering interest payments by 55.7x. Recently, they announced a special dividend of HKD 0.04 per share payable on September 9, 2024.

SEHK:1277 Earnings and Revenue Growth as at Aug 2024
SEHK:1277 Earnings and Revenue Growth as at Aug 2024

Changjiu Holdings

Simply Wall St Value Rating: ★★★★★☆

Overview: Changjiu Holdings Limited operates in China, offering pledged vehicle monitoring and automobile dealership operation management services, with a market cap of HK$3.13 billion.

Operations: Changjiu Holdings Limited generates revenue primarily from pledged vehicle monitoring services (CN¥574.99 million) and automobile dealership operation management services (CN¥66.78 million).