SEHK:1299
SEHK:1299Insurance

AIA Group (SEHK:1299) Is Up 6.2% After Record 25% Q3 New Business Growth—Has the Bull Case Changed?

AIA Group Limited recently reported a record 25% rise in its third-quarter 2025 value of new business, with double-digit growth led by Hong Kong, Mainland China, ASEAN, and India. This result was driven by a record agency value of new business and an 18% increase in recruitment, reflecting the company's strong distribution capabilities in Asian markets. We'll examine how AIA Group's record growth in new business value influences its investment outlook and long-term earnings narrative. These...
SEHK:2338
SEHK:2338Machinery

Weichai Power (SEHK:2338) Margin Gains Reinforce Value Narrative, Dividend Sustainability Still Questioned

Weichai Power (SEHK:2338) reported another year of earnings growth, with net profit margins improving to 5.3% from 5.1% and annual earnings rising by 8.8%, outpacing its five-year average of 5.6% a year. Looking ahead, forecasts point to annual earnings growth of 10.92% and revenue gains of 5.8% per year. Trading at a price-to-earnings ratio of 10.6x, which stands below both the peer average and industry levels, the stock offers investors a margin story supported by solid profitability...
SEHK:1398
SEHK:1398Banks

ICBC (SEHK:1398) Margin Compression Challenges Bullish Value Narratives Despite Profitable Growth

Industrial and Commercial Bank of China (SEHK:1398) posted annual earnings growth of 2.6% over the last five years and is now forecast to grow earnings at 3.4% per year going forward. Revenue is projected to climb at 8.8% per year, slightly outpacing the wider Hong Kong market, with net profit margins holding at a healthy 51.6%. This is down from 54.2% last year, highlighting some pressure on profitability despite solid ongoing profits. Investors may note that ICBC's earnings growth is...
SEHK:6881
SEHK:6881Capital Markets

China Galaxy Securities (SEHK:6881) Earnings Surge 77%, Profit Margin Beats Narrative on Sector Quality

China Galaxy Securities (SEHK:6881) delivered standout results, with earnings soaring 76.9% over the past year, far outpacing its 5-year annual average of just 1.7%. Net profit margins reached 27.2%, beating last year’s 22.6%, and the share price at HK$11.18 trades below the estimated fair value of HK$12.84, helping the stock's valuation case. While earnings and revenue growth are expected to lag the broader Hong Kong market, ongoing profit gains and a competitive Price-to-Earnings Ratio...
SEHK:1138
SEHK:1138Oil and Gas

COSCO SHIPPING Energy Transportation (SEHK:1138): Net Margin Edge Reinforces Bullish Case Despite Slower Earnings Growth

COSCO SHIPPING Energy Transportation (SEHK:1138) reported average annual earnings growth of 31.9% over the past five years, with net profit margins currently at 14.2%, up from 13.9% last year. The most recent year saw earnings growth of 1.7%, and the company is presently trading at a Price-To-Earnings ratio of 16.8x. This valuation appears more attractive than peer averages, although it remains higher than the Hong Kong oil and gas industry benchmark. Looking ahead, forecasts for 11.31%...
SEHK:1288
SEHK:1288Banks

Agricultural Bank of China (SEHK:1288) Net Profit Margin Tops Narrative as Growth Trails Market

Agricultural Bank of China (SEHK:1288) posted a net profit margin of 45% for the latest period, edging ahead of last year’s 44.3%. Earnings grew 5.8% over the past year, outpacing its five-year average of 5.5% per year. The share price closed at HK$5.92, well below the estimated fair value of HK$11.21 based on discounted cash flow. Earnings are forecast to rise at 3.6% annually in the coming years. The bank stands out for its attractive dividends and high-quality past profits, even as its...
SEHK:811
SEHK:811Media

Xinhua Winshare (SEHK:811) Margin Milestone Reinforces Undervalued Earnings Narrative

Xinhua Winshare Publishing and Media (SEHK:811) delivered earnings growth of 10% over the past year, outpacing its five-year average of 6.8% per year. Net profit margin improved to 14%, up from 12.5% in the previous year, reflecting a clear boost in profitability. With earnings forecast to grow 7.17% per year and revenue at 3.4% per year, both slower than the broader Hong Kong market, investors are focused on how the company's undervalued share price and strong margins shape its investment...
SEHK:1618
SEHK:1618Construction

Metallurgical Corporation of China (SEHK:1618) Earnings Jump 16%, Challenging Growth Concerns

Metallurgical Corporation of China (SEHK:1618) delivered a turnaround in its latest earnings, posting a 16% year-over-year increase that reversed the company’s previous five-year pattern of 8.1% annual declines. Net profit margin also improved, rising to 0.9% compared to last year’s 0.6%. EPS growth is now forecast at an annual rate of 6.04%, though that trails both historical performance and the wider Hong Kong market forecast of 12.4% per year. Investors are now weighing stronger margins...
SEHK:2628
SEHK:2628Insurance

China Life (SEHK:2628): Net Profit Margin Surges to 34.9%, Challenging Dividend Sustainability Debates

China Life Insurance (SEHK:2628) reported a net profit margin of 34.9%, up sharply from last year’s 21.9%, and delivered earnings growth of 99.8% over the past year. This far exceeds its five-year average of 19% per year. Shares changed hands at HK$24.52, sitting well below the estimated fair value target of HK$69.66, with a price-to-earnings ratio of 5.8x that undercuts both industry and peer averages. Amid strong profitability, investors are still watching dividend sustainability as a key...