Three SEHK Stocks Like Yadea Group Holdings That Might Be Trading At A Discount
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Amidst global market fluctuations and geopolitical tensions, the Hong Kong stock market has shown resilience, with the Hang Seng Index climbing 10.2% recently. This environment presents opportunities for discerning investors to explore stocks that may be trading at a discount, especially those with strong fundamentals and potential for growth despite broader economic uncertainties.
Top 10 Undervalued Stocks Based On Cash Flows In Hong Kong
| Name | Current Price | Fair Value (Est) | Discount (Est) |
| BYD Electronic (International) (SEHK:285) | HK$36.05 | HK$64.84 | 44.4% |
| Giant Biogene Holding (SEHK:2367) | HK$56.30 | HK$98.07 | 42.6% |
| China Ruyi Holdings (SEHK:136) | HK$2.32 | HK$4.16 | 44.3% |
| XD (SEHK:2400) | HK$27.65 | HK$47.82 | 42.2% |
| Shanghai INT Medical Instruments (SEHK:1501) | HK$31.95 | HK$56.51 | 43.5% |
| Hangzhou SF Intra-city Industrial (SEHK:9699) | HK$11.36 | HK$19.89 | 42.9% |
| COSCO SHIPPING Energy Transportation (SEHK:1138) | HK$10.32 | HK$19.13 | 46% |
| Zylox-Tonbridge Medical Technology (SEHK:2190) | HK$13.56 | HK$25.71 | 47.2% |
| Q Technology (Group) (SEHK:1478) | HK$6.20 | HK$11.07 | 44% |
| Akeso (SEHK:9926) | HK$71.40 | HK$135.25 | 47.2% |
Let's explore several standout options from the results in the screener.
Yadea Group Holdings
Overview: Yadea Group Holdings Ltd. is an investment holding company that develops, manufactures, and sells electric two-wheeled vehicles and related accessories in the People’s Republic of China with a market cap of approximately HK$46.72 billion.
Operations: The company's revenue primarily comes from the sale of electric two-wheeled vehicles and related accessories, totaling CN￥31.76 billion, and batteries and electric drive systems, contributing CN￥5.23 billion.
Estimated Discount To Fair Value: 33.8%
Yadea Group Holdings is trading at HK$15.36, significantly below its estimated fair value of HK$23.2, suggesting potential undervaluation based on cash flows. Despite a recent decline in sales and net income for the first half of 2024, Yadea's earnings are forecast to grow faster than the Hong Kong market at 17.1% per year. The company is expanding internationally with new stores in Thailand and Indonesia, aiming for sustainable growth in the electric vehicle sector.
United Company RUSAL International
Overview: United Company RUSAL International is involved in the production and trading of aluminium and related products in Russia, with a market cap of HK$41.10 billion.