Estimated Discount To Fair Value: 17.4%

Tencent Holdings is trading at HK$421.6, which is 17.4% below its estimated fair value of HK$510.38, suggesting potential undervaluation based on cash flows. Recent earnings reports reveal a significant increase in net income to CNY 47.63 billion for Q2 2024 from CNY 26.17 billion the previous year, with revenue growth outpacing the Hong Kong market at an annual rate of 8.2%. However, substantial insider selling occurred over the past quarter, warranting caution.

• The growth report we've compiled suggests that Tencent Holdings' future prospects could be on the up.

• Delve into the full analysis health report here for a deeper understanding of Tencent Holdings.

Jiangsu Zhongtian Technology

Overview: Jiangsu Zhongtian Technology Co., Ltd. engages in the production and sale of electrical machinery and equipment for various sectors including communications, electric power, marine, new energy, and marine engineering construction both in China and internationally, with a market cap of CN￥51.62 billion.

Operations: The company generates revenue from its operations in the communications, electric power, marine, new energy, and marine engineering construction sectors both domestically and internationally.

Estimated Discount To Fair Value: 33.7%

Jiangsu Zhongtian Technology is trading at CNY 16.29, significantly below the estimated fair value of CNY 24.57, highlighting potential undervaluation based on cash flows. Despite a decline in net income to CNY 1.46 billion for H1 2024 from CNY 1.95 billion a year earlier, earnings are forecasted to grow annually by over 26%, outpacing the broader CN market growth rate of approximately 23.8%. The company completed a share buyback worth CNY 114.71 million recently, reflecting ongoing capital management efforts.

• Upon reviewing our latest growth report, Jiangsu Zhongtian Technology's projected financial performance appears quite optimistic.

• Get an in-depth perspective on Jiangsu Zhongtian Technology's balance sheet by reading our health report here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include SEHK:1211 SEHK:700 and SHSE:600522.

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