Undervalued Small Caps In Hong Kong With Insider Action For October 2024
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The Hong Kong market has seen a notable uptick recently, driven by China's robust stimulus measures, which have buoyed investor sentiment and lifted key indices. In this favorable economic climate, identifying undervalued small-cap stocks with insider activity can offer promising opportunities for investors. In the context of these market dynamics, a good stock often exhibits strong fundamentals and insider confidence, indicating potential for growth despite broader economic uncertainties.
Top 10 Undervalued Small Caps With Insider Buying In Hong Kong
| Name | PE | PS | Discount to Fair Value | Value Rating |
|---|---|---|---|---|
| Beijing Chunlizhengda Medical Instruments | 14.0x | 3.1x | 49.48% | ★★★★★☆ |
| Edianyun | NA | 0.6x | 38.74% | ★★★★★☆ |
| Lion Rock Group | 5.4x | 0.4x | 49.98% | ★★★★☆☆ |
| Gemdale Properties and Investment | NA | 0.3x | 37.05% | ★★★★☆☆ |
| Vesync | 7.8x | 1.2x | -11.52% | ★★★☆☆☆ |
| China Lesso Group Holdings | 5.8x | 0.4x | -503.00% | ★★★☆☆☆ |
| Skyworth Group | 6.2x | 0.1x | -336.67% | ★★★☆☆☆ |
| Lee & Man Paper Manufacturing | 8.0x | 0.5x | -63.29% | ★★★☆☆☆ |
| Guangdong Kanghua Healthcare Group | 13.8x | 0.3x | 4.84% | ★★★☆☆☆ |
| Emperor International Holdings | NA | 0.9x | 28.14% | ★★★☆☆☆ |
Underneath we present a selection of stocks filtered out by our screen.
China Lesso Group Holdings
Simply Wall St Value Rating: ★★★☆☆☆
Overview: China Lesso Group Holdings operates primarily in the plastics and rubber industry with a focus on manufacturing and distributing building materials, boasting a market cap of CN￥24.56 billion.
Operations: The company generates revenue primarily from its Plastics & Rubber segment, with a gross profit margin of 26.04%. Operating expenses include significant allocations to sales and marketing, general and administrative expenses, and non-operating costs. Net income margin stands at 6.58%.
PE: 5.8x
China Lesso Group Holdings, a small cap in Hong Kong, recently reported first-half 2024 earnings with sales of CNY 13.56 billion and net income of CNY 1.04 billion, both down from the previous year. Despite this, insider confidence is evident as Luen Hei Wong purchased four million shares worth approximately US$10.05 million between June and August 2024. The company faces higher risk due to reliance on external borrowing but shows potential for growth with forecasted earnings to grow annually by 10.65%.
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Dive into the specifics of China Lesso Group Holdings here with our thorough valuation report.
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Understand China Lesso Group Holdings' track record by examining our Past report.
Lee & Man Paper Manufacturing
Simply Wall St Value Rating: ★★★☆☆☆
Overview: Lee & Man Paper Manufacturing is a company engaged in the production of pulp, tissue paper, and packaging paper with a market cap of approximately HK$21.33 billion.