Companies such as China Water Affairs Group and Truly International Holdings have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. The list I’ve put together below are of stocks that compare favourably on all criteria, which potentially makes them a good investment if you believe the growth has not already been reflected in the share price.
China Water Affairs Group Limited (SEHK:855)
China Water Affairs Group Limited, an investment holding company, engages in water supply, sewage treatment, and property businesses in the People’s Republic of China. The company currently employs 7400 people and with the company’s market capitalisation at HKD HK$11.63B, we can put it in the large-cap group.
855’s forecasted bottom line growth is an optimistic 25.40%, driven by the underlying double-digit sales growth of 43.20% over the next few years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of 855, it does not appear too severe. 855 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Thinking of investing in 855? Have a browse through its key fundamentals here.
Truly International Holdings Limited (SEHK:732)
Truly International Holdings Limited, an investment holding company, manufactures, sells, and trades in liquid crystal display products and electronic consumer products. The company currently employs 25100 people and with the stock’s market cap sitting at HKD HK$8.33B, it comes under the mid-cap stocks category.
An outstanding 88.28% earnings growth is forecasted for 732, driven by an underlying sales growth of 26.00% over the next few years. An affirming signal is when net income increase also comes with top-line growth. Even though some cost-reduction initiatives may have also pushed up margins, in the case of 732, it does not appear extreme. We see this bottom-line expansion directly benefiting shareholders, with expected positive return on equity of 12.67%. 732 ticks the boxes for robust growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Considering 732 as a potential investment? Check out its fundamental factors here.
MicroPort Scientific Corporation (SEHK:853)
MicroPort Scientific Corporation, an investment holding company, develops, manufactures, and sells interventional medical devices worldwide. Formed in 1998, and currently run by Zhaohua Chang, the company now has 3,123 employees and with the market cap of HKD HK$12.15B, it falls under the large-cap stocks category.