The Hong Kong market has been experiencing some turbulence, with the Hang Seng Index recently giving up 0.43%, reflecting broader concerns about economic stability and inflation trends in China. Amid these fluctuations, growth companies with high insider ownership can offer a compelling investment case, as significant insider stakes often signal confidence in the company’s long-term prospects.
Click here to see the full list of 46 stocks from our Fast Growing SEHK Companies With High Insider Ownership screener.
Let’s uncover some gems from our specialized screener.
Overview: BYD Company Limited, with a market cap of HK$770.06 billion, operates in the automobiles and batteries sectors across China, Hong Kong, Macau, Taiwan, and internationally.
Operations: The company’s revenue segments include CN¥507.52 billion from Automobiles and Related Products and Other Products, and CN¥154.49 billion from Mobile Handset Components, Assembly Service, and Other Products.
BYD has demonstrated robust growth, with earnings growing 36.2% over the past year and forecasted to grow at 15.22% annually, outpacing the Hong Kong market’s average. The company reported significant increases in both sales and production volumes for August 2024 compared to last year, alongside a strategic partnership with Uber to expand its electric vehicle footprint globally. Despite trading below fair value estimates, BYD’s high insider ownership underscores confidence in its long-term potential.
• None Get an in-depth perspective on BYD’s performance by reading our analyst estimates report here.
• None The valuation report we’ve compiled suggests that BYD’s current price could be inflated.
Overview: Meituan operates as a technology retail company in the People’s Republic of China with a market cap of HK$766.11 billion.
Operations: The company’s revenue segments include New Initiatives generating CN¥77.56 billion and Core Local Commerce contributing CN¥228.13 billion.
Meituan’s earnings are projected to grow at 25.8% annually, significantly outpacing the Hong Kong market average. Recent financial results show a strong performance with net income doubling to CNY 16.72 billion for H1 2024. The company has completed substantial share buybacks totaling HKD 7.17 billion, reflecting confidence in its future growth prospects despite trading below fair value estimates and having low insider buying activity recently.
• None Click here to discover the nuances of Meituan with our detailed analytical future growth report.
• None Our expertly prepared valuation report Meituan implies its share price may be lower than expected.
Overview: Akeso, Inc., a biopharmaceutical company with a market cap of HK$61.99 billion, focuses on researching, developing, manufacturing, and commercializing antibody drugs.
Operations: The company generates CN¥1.87 billion from the research, development, production, and sale of biopharmaceutical products.
Akeso’s recent presentations at the 2024 European Society for Medical Oncology Conference highlighted promising phase 2 results for ivonescimab in treating triple-negative breast cancer and metastatic colorectal cancer, demonstrating high efficacy and manageable safety profiles. Despite a significant revenue drop to CNY 1.02 billion for H1 2024 and a net loss of CNY 238.59 million, Akeso’s strong insider ownership underscores confidence in its innovative pipeline, including its PD-1/VEGF bispecific antibody therapies.
• None Click here and access our complete growth analysis report to understand the dynamics of Akeso.
• None In light of our recent valuation report, it seems possible that Akeso is trading beyond its estimated value.
• None Unlock more gems! Our Fast Growing SEHK Companies With High Insider Ownership screener has unearthed 43 more companies for you to explore.Click here to unveil our expertly curated list of 46 Fast Growing SEHK Companies With High Insider Ownership.
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• None Find companies with promising cash flow potential yet trading below their fair value.
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.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.
Companies discussed in this article include SEHK:1211 SEHK:3690 and SEHK:9926.
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