Uncovering Hidden Gems In Hong Kong For September 2024

In This Article:

As global markets navigate a mix of economic indicators and investor sentiment, the Hong Kong market has shown resilience with the Hang Seng Index gaining 2.14% recently. This positive movement offers a promising backdrop for uncovering hidden gems among small-cap stocks in the region. In such an environment, identifying good stocks often involves looking for companies with strong fundamentals, growth potential, and resilience to broader market fluctuations.

Top 10 Undiscovered Gems With Strong Fundamentals In Hong Kong

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

C&D Property Management Group

1.32%

37.15%

41.55%

★★★★★★

PW Medtech Group

0.06%

22.33%

-17.56%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-3.84%

16.33%

★★★★★★

ManpowerGroup Greater China

NA

14.56%

1.58%

★★★★★★

Changjiu Holdings

NA

11.84%

2.46%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Xin Point Holdings

1.77%

10.88%

22.83%

★★★★★☆

Chongqing Machinery & Electric

28.07%

8.82%

11.12%

★★★★★☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Billion Industrial Holdings

3.63%

18.00%

-11.38%

★★★★☆☆

Click here to see the full list of 173 stocks from our SEHK Undiscovered Gems With Strong Fundamentals screener.

Let's explore several standout options from the results in the screener.

Xin Yuan Enterprises Group

Simply Wall St Value Rating: ★★★★★★

Overview: Xin Yuan Enterprises Group Limited, an investment holding company, provides asphalt tanker and bulk carrier chartering services in the People’s Republic of China, Hong Kong, and Singapore with a market cap of HK$8.80 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's recent performance is noteworthy, with net income for the half-year ending June 30, 2024, reaching US$10.69 million compared to US$5.53 million a year ago. The company also reported sales of US$30.26 million, slightly up from US$30.06 million last year. Additionally, basic earnings per share rose to US$0.0243 from US$0.0126 in the same period last year, driven by a significant net realized gain of approximately US$3.6 million from vessel disposal and increased revenue from asphalt tanker charters.

SEHK:1748 Debt to Equity as at Sep 2024
SEHK:1748 Debt to Equity as at Sep 2024

Dah Sing Banking Group

Simply Wall St Value Rating: ★★★★★☆

Overview: Dah Sing Banking Group Limited is an investment holding company that offers banking, financial, and related services in Hong Kong, Macau, and the People’s Republic of China with a market cap of HK$9.80 billion.