SEHK:1786Machinery
CRCC High Tech Equipment (SEHK:1786) Stock Still Looks Cheap After Profit Lift
The market is treating CRCC High-Tech Equipment like just another dull machinery stock, yet the earnings story points to a quieter rerating in progress. The share price closed at HK$0.73 after a modest gain over the past month, even as trailing earnings rose and now support a P/E of 6.5x. That multiple sits well under both industry and peer levels, while half year 2026 revenue and net profit held steady in scale for a rail equipment business. The real headline is a valuation that still looks...