Undiscovered Gems in Hong Kong for August 2024

In This Article:

As global markets face volatility and economic data reveals mixed signals, the Hong Kong market remains a focal point for investors seeking opportunities in undervalued stocks. Despite broader market challenges, small-cap companies in Hong Kong may offer unique growth potential due to their innovative approaches and niche market positions.

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%

★★★★★★

COSCO SHIPPING International (Hong Kong)

NA

-12.97%

12.59%

★★★★★★

PW Medtech Group

NA

17.93%

-2.70%

★★★★★★

China Leon Inspection Holding

17.06%

24.06%

27.08%

★★★★★★

Tianyun International Holdings

10.09%

-5.59%

-9.92%

★★★★★★

Xin Point Holdings

2.03%

9.80%

15.04%

★★★★★☆

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%

★★★★☆☆

Pizu Group Holdings

48.34%

-4.53%

-19.78%

★★★★☆☆

Click here to see the full list of 177 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$9.78 billion.

Operations: Kinetic Development Group generates revenue primarily from the extraction and sale of coal products in China. The company's financials reflect a market cap of HK$9.78 billion, with significant revenue contributions from its core operations.

Kinetic Development Group, a small-cap player in Hong Kong, has shown significant financial improvements. Its net debt to equity ratio stands at 4.7%, down from 26.6% over five years, indicating prudent debt management. Despite negative earnings growth of -22% last year compared to the industry average of -6.8%, its interest payments are well covered by EBIT at 55.7x coverage. Recently, it declared a final dividend of HK$0.05 per share for 2023 and amended its company bylaws in May 2024.

SEHK:1277 Debt to Equity as at Aug 2024
SEHK:1277 Debt to Equity as at Aug 2024

Guoquan Food (Shanghai)

Simply Wall St Value Rating: ★★★★★☆

Overview: Guoquan Food (Shanghai) Co., Ltd. operates as a home meal products company in China with a market cap of HK$8.79 billion.

Operations: Guoquan Food (Shanghai) Co., Ltd. generates revenue primarily through retail sales in grocery stores, amounting to CN¥6.09 billion.