Hong Kong SAR China Stocks: Intrinsic Value
592 companies
Which stocks look cheapest against what their own reports say they are worth? The list is ordered by Intrinsic Value / Market Cap.
Apply suggested sets Return on Investment >= -0.1. Each raised the average return slightly over 2023-2024, on a hold-out half of the companies and on 2025; some single markets and portfolio sizes did worse.
Operating Income ÷ RevenueLatest fiscal yearKeeps profitable businesses. On the current valuation it lowered the Top N return at every threshold tested.
Operating Income ÷ Gross ProfitLatest fiscal yearDrops businesses whose overheads absorb their gross profit. On the current valuation it lowered the Top N return in every mode.
(Cash − Total Debt) ÷ Market Cap × 100Latest quarterAround -50 it drops only the most indebted companies, which helped Traditional Value slightly. Stricter thresholds lowered the return.
(Latest Year Revenue − Prior Year Revenue) ÷ Prior Year RevenueLatest fiscal year vs the year beforeIn Tech, 10% and above kept the cheap companies still growing; the gain was large but not consistent across samples. No effect in Traditional Value.
ΔNOPAT ÷ Growth CapExLatest fiscal year vs the year beforeAt -0.10 or 0 it drops companies whose growth investment lost money, which helped Traditional Value slightly. Higher thresholds lowered the return.
Market Cap ÷ Book ValueLatest quarterAt 10 or below it drops only extreme prices against book value, which helped Tech Value slightly. Tighter thresholds lowered the return outside Tech.
Net income > 0, book value at the start of the latest year, return on equity > 0Latest 3 fiscal yearsLeaves out companies whose 15-year profit projection cannot be made: a loss in one of the latest three years, no book value to measure growth on, or a return on equity at or below zero. Their Profit value is the book value alone, so without this filter the average still includes them on the other two values. On the current valuation it lowered the Top N return in every mode.
NOPAT − (CapEx − Depreciation + Δ Working Capital) > 0, return on capital > 0Latest 3 fiscal yearsLeaves out companies whose 15-year free cash flow projection cannot be made: operating profit or free cash flow at or below zero in one of the latest three years, a change in working capital (from the cash flow statement) above half of operating profit, or a return on capital at or below zero. Technology and Communication Services add half of R&D after tax to NOPAT. Banks are not held to it: their working capital is their loans and deposits. On the current valuation it lowered the Top N return more than any other filter.
Group by Legal Name, keep one row per companyKeeps the newest valuation, then the listing in the company's home country, the USD listing, the country filtered on, the largest market capCollapses the same legal entity listed on multiple exchanges into a single row. For example, Truist Financial appears on the New York Stock Exchange and on two German exchanges; with this on, only the primary US listing is shown. Recommended for portfolio construction; turn off when you need to inspect each individual listing.
Profit value > 3 × the larger of the EPV + Growth and FCFF valuesLatest valuationAfter years of losses, or buybacks larger than the book, the book value is close to zero, so the return on equity and the Profit value explode and the company jumps to the top of the list. Over 36 years of history in 21 countries, leaving these companies out kept the Top N return the same (between −0.2 and +0.3 points a year): it tidies the top of the list, it does not raise the return.
The list
book: the projection was rejected, so the book value stands in its place. K, M, B, T, Q: thousand, million, billion, trillion, quadrillion. A line listed abroad can carry a market cap far below the company's; Home listings only leaves those lines out.
Listed HK, based HK · Real Estate · Real Estate - Development
Market Cap
$26.78B
Avg Intrinsic
$68.60B
Intrinsic / Market
2.56
Margin of Safety
61.0%
WACC
3.8%
FY End
2025-12-31
EPV
$91.98B
Profit
$46.55B
FCFF
$67.28B
Listed HK, based CN · Utilities · Utilities - Independent Power Producers
Market Cap
$12.19B
Avg Intrinsic
$31.21B
Intrinsic / Market
2.56
Margin of Safety
60.9%
WACC
3.2%
FY End
2025-12-31
EPV
$34.84B
Profit
$27.73B
FCFF
$31.06B book
Listed HK, based HK · Consumer Cyclical · Auto Manufacturers
Market Cap
$1.17B
Avg Intrinsic
$2.96B
Intrinsic / Market
2.54
Margin of Safety
60.6%
WACC
8.6%
FY End
2025-12-31
EPV
$3.14B book
Profit
$2.60B
FCFF
$3.14B book
Listed HK, based CN · Financial Services · Capital Markets
Market Cap
$11.86B
Avg Intrinsic
$29.68B
Intrinsic / Market
2.50
Margin of Safety
60.1%
WACC
4.1%
FY End
2025-12-31
EPV
$57.57B
Profit
$13.66B
FCFF
$17.80B book
Listed HK, based CN · Utilities · Utilities - Regulated Electric
Market Cap
$6.27B
Avg Intrinsic
$15.68B
Intrinsic / Market
2.50
Margin of Safety
60.0%
WACC
2.8%
FY End
2025-12-31
EPV
$13.25B
Profit
$15.54B
FCFF
$18.26B
Listed HK, based CN · Basic Materials · Agricultural Inputs
Market Cap
$1.09B
Avg Intrinsic
$2.71B
Intrinsic / Market
2.50
Margin of Safety
60.0%
WACC
7.7%
FY End
2025-12-31
EPV
$3.56B
Profit
$1.66B
FCFF
$2.92B
Listed HK, based HK · Consumer Cyclical · Lodging
Market Cap
$1.16B
Avg Intrinsic
$2.89B
Intrinsic / Market
2.50
Margin of Safety
59.9%
WACC
4.2%
FY End
2025-12-31
EPV
-$603.09M
Profit
$4.64B book
FCFF
$4.64B book
Listed HK, based CN · Energy · Oil & Gas Refining & Marketing
Market Cap
$1.46B
Avg Intrinsic
$3.61B
Intrinsic / Market
2.47
Margin of Safety
59.6%
WACC
7.3%
FY End
2025-12-31
EPV
$3.61B book
Profit
$3.61B book
FCFF
$3.61B book
Listed HK, based HK · Real Estate · Real Estate - Development
Market Cap
$1.41B
Avg Intrinsic
$3.46B
Intrinsic / Market
2.45
Margin of Safety
59.2%
WACC
2.8%
FY End
2025-12-31
EPV
$3.88B
Profit
$1.05B
FCFF
$5.44B book
Listed HK, based CN · Basic Materials · Building Materials
Market Cap
$3.94B
Avg Intrinsic
$9.57B
Intrinsic / Market
2.43
Margin of Safety
58.9%
WACC
4.3%
FY End
2025-12-31
EPV
$13.31B
Profit
$6.32B
FCFF
$9.08B
Listed HK, based CN · Healthcare · Medical Instruments & Supplies
Market Cap
$1.85B
Avg Intrinsic
$4.45B
Intrinsic / Market
2.41
Margin of Safety
58.6%
WACC
6.0%
FY End
2025-12-31
EPV
$5.62B
Profit
$3.55B
FCFF
$4.19B
Listed HK, based HK · Communication Services · Telecom Services
Market Cap
$21.19B
Avg Intrinsic
$50.70B
Intrinsic / Market
2.39
Margin of Safety
58.2%
WACC
6.8%
FY End
2025-12-31
EPV
$49.09B
Profit
$47.63B
FCFF
$55.37B book
Listed HK, based HK · Financial Services · Banks - Regional
Market Cap
$2.57B
Avg Intrinsic
$6.07B
Intrinsic / Market
2.36
Margin of Safety
57.7%
WACC
7.7%
FY End
2025-12-31
EPV
$8.41B
Profit
$5.24B
FCFF
$4.57B book
Listed HK, based CN · Industrials · Railroads
Market Cap
$4.02B
Avg Intrinsic
$9.39B
Intrinsic / Market
2.34
Margin of Safety
57.3%
WACC
5.5%
FY End
2025-12-31
EPV
$12.73B
Profit
$7.94B
FCFF
$7.51B book
Listed HK, based CN · Healthcare · Drug Manufacturers - Specialty & Generic
Market Cap
$2.49B
Avg Intrinsic
$5.74B
Intrinsic / Market
2.31
Margin of Safety
56.7%
WACC
4.5%
FY End
2025-12-31
EPV
$7.24B
Profit
$4.83B
FCFF
$5.16B
Listed HK, based CN · Industrials · Pollution & Treatment Controls
Market Cap
$1.68B
Avg Intrinsic
$3.84B
Intrinsic / Market
2.29
Margin of Safety
56.4%
WACC
4.7%
FY End
2025-12-31
EPV
$802.53M
Profit
$3.44B
FCFF
$7.28B book
Listed HK, based CN · Financial Services · Capital Markets
Market Cap
$4.68B
Avg Intrinsic
$10.68B
Intrinsic / Market
2.28
Margin of Safety
56.2%
WACC
3.3%
FY End
2025-12-31
EPV
$19.09B
Profit
$5.16B
FCFF
$7.79B book
Listed HK, based CN · Consumer Defensive · Packaged Foods
Market Cap
$3.08B
Avg Intrinsic
$6.97B
Intrinsic / Market
2.27
Margin of Safety
55.9%
WACC
7.4%
FY End
2025-12-31
EPV
$8.38B
Profit
$3.78B
FCFF
$8.76B
Listed HK, based HK · Consumer Defensive · Packaged Foods
Market Cap
$4.09B
Avg Intrinsic
$9.16B
Intrinsic / Market
2.24
Margin of Safety
55.4%
WACC
5.8%
FY End
2026-03-31
EPV
$10.79B
Profit
$9.82B
FCFF
$6.88B
Listed HK, based CN · Industrials · Railroads
Market Cap
$4.75B
Avg Intrinsic
$10.55B
Intrinsic / Market
2.22
Margin of Safety
55.0%
WACC
4.3%
FY End
2025-12-31
EPV
$13.75B
Profit
$11.15B
FCFF
$6.76B book
Listed HK, based CN · Consumer Defensive · Beverages - Non-Alcoholic
Market Cap
$8.65B
Avg Intrinsic
$19.18B
Intrinsic / Market
2.22
Margin of Safety
54.9%
WACC
10.5%
FY End
2025-12-31
EPV
$11.75B
Profit
$32.29B
FCFF
$13.51B
Listed HK, based HK · Financial Services · Banks - Regional
Market Cap
$6.33B
Avg Intrinsic
$13.93B
Intrinsic / Market
2.20
Margin of Safety
54.5%
WACC
7.5%
FY End
2025-12-31
EPV
$20.57B
Profit
$7.63B
FCFF
$13.59B book
Listed HK, based HK · Real Estate · Real Estate Services
Market Cap
$1.36B
Avg Intrinsic
$2.99B
Intrinsic / Market
2.20
Margin of Safety
54.4%
WACC
11.2%
FY End
2025-12-31
EPV
$2.73B
Profit
$3.64B
FCFF
$2.59B
Listed HK, based CN · Basic Materials · Paper & Paper Products
Market Cap
$3.20B
Avg Intrinsic
$7.00B
Intrinsic / Market
2.19
Margin of Safety
54.4%
WACC
3.7%
FY End
2024-06-30
EPV
$5.99B
Profit
$7.51B book
FCFF
$7.51B book
Listed HK, based CN · Consumer Cyclical · Travel Services
Market Cap
$3.01B
Avg Intrinsic
$6.56B
Intrinsic / Market
2.17
Margin of Safety
54.0%
WACC
5.9%
FY End
2025-12-31
EPV
$7.29B
Profit
$6.78B
FCFF
$5.60B
Listed HK, based CN · Industrials · Electrical Equipment & Parts
Market Cap
$1.45B
Avg Intrinsic
$3.14B
Intrinsic / Market
2.17
Margin of Safety
53.9%
WACC
6.8%
FY End
2025-12-31
EPV
$3.25B
Profit
$2.78B
FCFF
$3.39B
Listed HK, based CN · Industrials · Infrastructure Operations
Market Cap
$2.05B
Avg Intrinsic
$4.41B
Intrinsic / Market
2.15
Margin of Safety
53.5%
WACC
3.3%
FY End
2025-12-31
EPV
$4.80B
Profit
$4.02B
FCFF
$4.41B
Listed HK, based CN · Technology · Solar
Market Cap
$2.89B
Avg Intrinsic
$6.21B
Intrinsic / Market
2.15
Margin of Safety
53.5%
WACC
5.4%
FY End
2025-12-31
EPV
$6.21B book
Profit
$6.21B book
FCFF
$6.21B book
Listed HK, based HK · Energy · Oil & Gas E&P
Market Cap
$142.71B
Avg Intrinsic
$305.61B
Intrinsic / Market
2.14
Margin of Safety
53.3%
WACC
6.5%
FY End
2025-12-31
EPV
$316.81B
Profit
$302.19B
FCFF
$297.83B
Listed HK, based CN · Financial Services · Capital Markets
Market Cap
$4.02B
Avg Intrinsic
$8.60B
Intrinsic / Market
2.14
Margin of Safety
53.2%
WACC
4.8%
FY End
2025-12-31
EPV
$5.75B
Profit
$8.96B
FCFF
$11.11B book
Listed HK, based HK · Energy · Oil & Gas Refining & Marketing
Market Cap
$8.36B
Avg Intrinsic
$17.80B
Intrinsic / Market
2.13
Margin of Safety
53.0%
WACC
6.3%
FY End
2025-12-31
EPV
$23.40B
Profit
$11.68B
FCFF
$18.31B
Listed HK, based HK · Basic Materials · Agricultural Inputs
Market Cap
$1.08B
Avg Intrinsic
$2.27B
Intrinsic / Market
2.11
Margin of Safety
52.6%
WACC
8.0%
FY End
2025-12-31
EPV
$3.13B
Profit
$2.05B
FCFF
$1.64B book
Listed HK, based CN · Basic Materials · Building Materials
Market Cap
$10.72B
Avg Intrinsic
$22.55B
Intrinsic / Market
2.10
Margin of Safety
52.5%
WACC
5.8%
FY End
2025-12-31
EPV
$21.29B
Profit
$21.24B
FCFF
$25.12B
Listed HK, based CN · Basic Materials · Steel
Market Cap
$1.04B
Avg Intrinsic
$2.17B
Intrinsic / Market
2.10
Margin of Safety
52.3%
WACC
5.4%
FY End
2025-12-31
EPV
$2.17B book
Profit
$2.17B book
FCFF
$2.17B book
Listed HK, based CN · Industrials · Marine Shipping
Market Cap
$31.28B
Avg Intrinsic
$65.27B
Intrinsic / Market
2.09
Margin of Safety
52.1%
WACC
6.9%
FY End
2025-12-31
EPV
$99.61B
Profit
$54.15B
FCFF
$42.04B book
Listed HK, based CN · Industrials · Railroads
Market Cap
$19.23B
Avg Intrinsic
$39.88B
Intrinsic / Market
2.07
Margin of Safety
51.8%
WACC
5.4%
FY End
2025-12-31
EPV
$50.64B
Profit
$36.59B
FCFF
$32.42B book
Listed HK, based HK · Industrials · Conglomerates
Market Cap
$4.66B
Avg Intrinsic
$9.64B
Intrinsic / Market
2.07
Margin of Safety
51.7%
WACC
4.0%
FY End
2025-12-31
EPV
$3.74B
Profit
$10.48B
FCFF
$14.70B book
Listed HK, based CN · Industrials · Electrical Equipment & Parts
Market Cap
$3.64B
Avg Intrinsic
$7.51B
Intrinsic / Market
2.06
Margin of Safety
51.5%
WACC
2.7%
FY End
2025-12-31
EPV
$9.70B
Profit
$5.17B
FCFF
$7.65B book
Listed HK, based CN · Consumer Cyclical · Apparel Retail
Market Cap
$1.21B
Avg Intrinsic
$2.49B
Intrinsic / Market
2.06
Margin of Safety
51.5%
WACC
7.1%
FY End
2025-12-31
EPV
$2.67B
Profit
$2.23B
FCFF
$2.57B
Listed HK, based HK · Real Estate · Real Estate Services
Market Cap
$4.30B
Avg Intrinsic
$8.81B
Intrinsic / Market
2.05
Margin of Safety
51.2%
WACC
4.0%
FY End
2025-12-31
EPV
$7.13B
Profit
$6.83B
FCFF
$12.49B
Listed HK, based HK · Industrials · Integrated Freight & Logistics
Market Cap
$1.34B
Avg Intrinsic
$2.74B
Intrinsic / Market
2.05
Margin of Safety
51.1%
WACC
6.5%
FY End
2025-12-31
EPV
$3.60B
Profit
$1.87B
FCFF
$2.75B
Listed HK, based CN · Consumer Defensive · Household & Personal Products
Market Cap
$2.74B
Avg Intrinsic
$5.56B
Intrinsic / Market
2.03
Margin of Safety
50.8%
WACC
10.5%
FY End
2025-12-31
EPV
$2.44B
Profit
$2.86B
FCFF
$11.39B
Listed HK, based CN · Financial Services · Financial Conglomerates
Market Cap
$9.86B
Avg Intrinsic
$19.78B
Intrinsic / Market
2.01
Margin of Safety
50.1%
WACC
4.9%
FY End
2025-12-31
EPV
$13.24B
Profit
$23.14B
FCFF
$22.94B book
Listed HK, based CN · Consumer Cyclical · Department Stores
Market Cap
$1.24B
Avg Intrinsic
$2.48B
Intrinsic / Market
2.00
Margin of Safety
50.1%
WACC
8.1%
FY End
2026-03-31
EPV
$2.41B
Profit
$2.51B book
FCFF
$2.51B book
Listed HK, based CN · Communication Services · Telecom Services
Market Cap
$3.56B
Avg Intrinsic
$7.02B
Intrinsic / Market
1.97
Margin of Safety
49.3%
WACC
7.4%
FY End
2025-12-31
EPV
$6.83B
Profit
$7.00B
FCFF
$7.24B book
Listed HK, based CN · Consumer Defensive · Household & Personal Products
Market Cap
$3.18B
Avg Intrinsic
$6.23B
Intrinsic / Market
1.96
Margin of Safety
49.0%
WACC
8.9%
FY End
2025-12-31
EPV
$4.46B
Profit
$5.70B
FCFF
$8.54B
Listed HK, based ID · Basic Materials · Aluminum
Market Cap
$1.87B
Avg Intrinsic
$3.67B
Intrinsic / Market
1.96
Margin of Safety
48.9%
WACC
10.5%
FY End
2025-12-31
EPV
$3.71B
Profit
$5.39B
FCFF
$1.90B book
Listed HK, based CN · Financial Services · Capital Markets
Market Cap
$7.46B
Avg Intrinsic
$14.57B
Intrinsic / Market
1.95
Margin of Safety
48.8%
WACC
4.4%
FY End
2025-12-31
EPV
$1.68B
Profit
$21.25B
FCFF
$20.77B book
Listed HK, based CN · Financial Services · Banks - Regional
Market Cap
$162.91B
Avg Intrinsic
$315.48B
Intrinsic / Market
1.94
Margin of Safety
48.4%
WACC
6.3%
FY End
2025-12-31
EPV
$433.02B
Profit
$314.02B
FCFF
$199.40B book
Listed HK, based CN · Consumer Cyclical · Furnishings, Fixtures & Appliances
Market Cap
$3.44B
Avg Intrinsic
$6.63B
Intrinsic / Market
1.93
Margin of Safety
48.1%
WACC
7.3%
FY End
2025-12-31
EPV
$10.41B
Profit
$6.29B
FCFF
$3.20B book
Listed HK, based CN · Real Estate · Real Estate Services
Market Cap
$2.19B
Avg Intrinsic
$4.22B
Intrinsic / Market
1.93
Margin of Safety
48.1%
WACC
14.0%
FY End
2025-12-31
EPV
$5.13B
Profit
$3.12B
FCFF
$4.41B
Listed HK, based LU · Consumer Cyclical · Footwear & Accessories
Market Cap
$2.17B
Avg Intrinsic
$4.16B
Intrinsic / Market
1.92
Margin of Safety
47.9%
WACC
6.5%
FY End
2025-12-31
EPV
$5.33B
Profit
$3.95B
FCFF
$3.18B
Listed HK, based HK · Industrials · Rental & Leasing Services
Market Cap
$1.89B
Avg Intrinsic
$3.62B
Intrinsic / Market
1.91
Margin of Safety
47.8%
WACC
4.2%
FY End
2025-12-31
EPV
$5.32B
Profit
$3.59B
FCFF
$1.95B book
Listed HK, based HK · Consumer Cyclical · Luxury Goods
Market Cap
$1.11B
Avg Intrinsic
$2.12B
Intrinsic / Market
1.90
Margin of Safety
47.5%
WACC
4.9%
FY End
2025-12-31
EPV
$2.03B
Profit
$2.47B
FCFF
$1.86B book
Listed HK, based CN · Industrials · Farm & Heavy Construction Machinery
Market Cap
$6.28B
Avg Intrinsic
$11.96B
Intrinsic / Market
1.90
Margin of Safety
47.5%
WACC
4.0%
FY End
2025-12-31
EPV
$16.79B
Profit
$10.27B
FCFF
$8.81B book
Listed HK, based CN · Technology · Solar
Market Cap
$2.19B
Avg Intrinsic
$4.15B
Intrinsic / Market
1.90
Margin of Safety
47.3%
WACC
7.8%
FY End
2025-12-31
EPV
$4.60B
Profit
$2.86B
FCFF
$5.00B book
Listed HK, based HK · Communication Services · Telecom Services
Market Cap
$1.12B
Avg Intrinsic
$2.13B
Intrinsic / Market
1.90
Margin of Safety
47.3%
WACC
5.2%
FY End
2025-12-31
EPV
$2.75B
Profit
$1.83B
FCFF
$1.82B
Listed HK, based HK · Consumer Cyclical · Furnishings, Fixtures & Appliances
Market Cap
$1.35B
Avg Intrinsic
$2.55B
Intrinsic / Market
1.89
Margin of Safety
47.1%
WACC
9.4%
FY End
2026-03-31
EPV
$2.76B
Profit
$2.06B
FCFF
$2.83B
Listed HK, based HK · Consumer Cyclical · Luxury Goods
Market Cap
$1.59B
Avg Intrinsic
$2.99B
Intrinsic / Market
1.89
Margin of Safety
46.9%
WACC
7.0%
FY End
2026-03-31
EPV
$3.44B
Profit
$3.62B
FCFF
$1.91B book
Listed HK, based CN · Real Estate · Real Estate - Development
Market Cap
$1.33B
Avg Intrinsic
$2.47B
Intrinsic / Market
1.86
Margin of Safety
46.2%
WACC
2.9%
FY End
2025-12-31
EPV
-$5.57B
Profit
$1.32B
FCFF
$11.67B book
Listed HK, based HK · Consumer Defensive · Beverages - Non-Alcoholic
Market Cap
$1.31B
Avg Intrinsic
$2.43B
Intrinsic / Market
1.85
Margin of Safety
45.9%
WACC
7.6%
FY End
2025-12-31
EPV
$3.31B
Profit
$1.73B
FCFF
$2.25B
Listed HK, based CN · Basic Materials · Specialty Chemicals
Market Cap
$2.76B
Avg Intrinsic
$5.07B
Intrinsic / Market
1.84
Margin of Safety
45.6%
WACC
5.6%
FY End
2025-12-31
EPV
$7.19B
Profit
$2.98B
FCFF
$5.05B book
Listed HK, based HK · Consumer Cyclical · Footwear & Accessories
Market Cap
$2.50B
Avg Intrinsic
$4.59B
Intrinsic / Market
1.84
Margin of Safety
45.6%
WACC
7.4%
FY End
2025-12-31
EPV
$4.53B
Profit
$4.20B
FCFF
$5.05B book
Listed HK, based CN · Consumer Defensive · Household & Personal Products
Market Cap
$2.86B
Avg Intrinsic
$5.19B
Intrinsic / Market
1.81
Margin of Safety
44.8%
WACC
5.0%
FY End
2025-12-31
EPV
$6.67B
Profit
$4.19B
FCFF
$4.70B
Listed HK, based CN · Utilities · Utilities - Independent Power Producers
Market Cap
$21.11B
Avg Intrinsic
$38.22B
Intrinsic / Market
1.81
Margin of Safety
44.8%
WACC
2.3%
FY End
2025-12-31
EPV
$61.90B
Profit
$25.09B
FCFF
$27.66B book
Listed HK, based CN · Consumer Cyclical · Furnishings, Fixtures & Appliances
Market Cap
$23.85B
Avg Intrinsic
$43.11B
Intrinsic / Market
1.81
Margin of Safety
44.7%
WACC
6.7%
FY End
2025-12-31
EPV
$44.26B
Profit
$42.59B
FCFF
$42.50B
Listed HK, based CN · Energy · Oil & Gas Equipment & Services
Market Cap
$4.46B
Avg Intrinsic
$8.06B
Intrinsic / Market
1.81
Margin of Safety
44.6%
WACC
6.4%
FY End
2025-12-31
EPV
$9.88B
Profit
$7.23B
FCFF
$7.07B book
Listed HK, based CN · Consumer Defensive · Beverages - Brewers
Market Cap
$6.84B
Avg Intrinsic
$12.32B
Intrinsic / Market
1.80
Margin of Safety
44.5%
WACC
6.6%
FY End
2025-12-31
EPV
$12.27B
Profit
$8.95B
FCFF
$15.75B
Listed HK, based MO · Consumer Cyclical · Resorts & Casinos
Profit is over 3× the larger of EPV and FCFFMarket Cap
$11.76B
Avg Intrinsic
$20.80B
Intrinsic / Market
1.77
Margin of Safety
43.5%
WACC
6.6%
FY End
2025-12-31
EPV
$1.29B book
Profit
$53.38B
FCFF
$7.72B
Listed HK, based CN · Consumer Cyclical · Footwear & Accessories
Market Cap
$1.21B
Avg Intrinsic
$2.13B
Intrinsic / Market
1.76
Margin of Safety
43.2%
WACC
10.0%
FY End
2025-12-31
EPV
$2.72B
Profit
$1.93B
FCFF
$1.74B book
Listed HK, based CN · Energy · Thermal Coal
Market Cap
$2.00B
Avg Intrinsic
$3.51B
Intrinsic / Market
1.75
Margin of Safety
42.9%
WACC
5.6%
FY End
2025-12-31
EPV
$4.95B
Profit
$2.97B
FCFF
$2.60B
Listed HK, based HK · Consumer Cyclical · Footwear & Accessories
Market Cap
$1.30B
Avg Intrinsic
$2.27B
Intrinsic / Market
1.75
Margin of Safety
42.9%
WACC
5.5%
FY End
2025-12-31
EPV
$2.82B
Profit
$2.06B
FCFF
$1.94B
Listed HK, based HK · Utilities · Utilities - Independent Power Producers
Market Cap
$12.85B
Avg Intrinsic
$22.32B
Intrinsic / Market
1.74
Margin of Safety
42.4%
WACC
3.6%
FY End
2025-12-31
EPV
$24.58B
Profit
$25.18B
FCFF
$17.19B book
Listed HK, based CN · Utilities · Utilities - Regulated Gas
Market Cap
$6.90B
Avg Intrinsic
$11.99B
Intrinsic / Market
1.74
Margin of Safety
42.4%
WACC
6.9%
FY End
2025-12-31
EPV
$13.15B
Profit
$10.94B
FCFF
$11.87B
Listed HK, based CN · Industrials · Specialty Industrial Machinery
Market Cap
$5.65B
Avg Intrinsic
$9.81B
Intrinsic / Market
1.74
Margin of Safety
42.4%
WACC
4.7%
FY End
2025-12-31
EPV
$11.11B
Profit
$6.48B
FCFF
$11.86B book
Listed HK, based CN · Financial Services · Asset Management
Market Cap
$6.20B
Avg Intrinsic
$10.74B
Intrinsic / Market
1.73
Margin of Safety
42.3%
WACC
4.3%
FY End
2025-12-31
EPV
$7.60B book
Profit
$17.00B
FCFF
$7.60B book
Listed HK, based HK · Utilities · Utilities - Regulated Gas
Market Cap
$1.36B
Avg Intrinsic
$2.35B
Intrinsic / Market
1.73
Margin of Safety
42.1%
WACC
5.5%
FY End
2025-12-31
EPV
$1.33B
Profit
$2.11B
FCFF
$3.62B book
Listed HK, based HK · Real Estate · Real Estate - Development
Market Cap
$20.51B
Avg Intrinsic
$35.28B
Intrinsic / Market
1.72
Margin of Safety
41.9%
WACC
6.9%
FY End
2025-12-31
EPV
$25.39B
Profit
$27.90B
FCFF
$52.55B book
Listed HK, based CN · Consumer Cyclical · Auto Manufacturers
Market Cap
$3.19B
Avg Intrinsic
$5.44B
Intrinsic / Market
1.71
Margin of Safety
41.4%
WACC
7.4%
FY End
2025-12-31
EPV
$8.60B
Profit
$6.23B
FCFF
$1.50B book
Listed HK, based HK · Utilities · Utilities - Regulated Gas
Market Cap
$4.65B
Avg Intrinsic
$7.90B
Intrinsic / Market
1.70
Margin of Safety
41.2%
WACC
6.1%
FY End
2025-12-31
EPV
$9.16B
Profit
$6.23B
FCFF
$8.32B
Listed HK, based HK · Industrials · Conglomerates
Market Cap
$32.88B
Avg Intrinsic
$55.77B
Intrinsic / Market
1.70
Margin of Safety
41.0%
WACC
5.6%
FY End
2025-12-31
EPV
$60.80B
Profit
$41.48B
FCFF
$65.02B
Listed HK, based CN · Industrials · Marine Shipping
Market Cap
$1.89B
Avg Intrinsic
$3.20B
Intrinsic / Market
1.70
Margin of Safety
41.0%
WACC
6.3%
FY End
2025-12-31
EPV
$3.28B
Profit
$3.29B
FCFF
$3.04B
Listed HK, based KH · Consumer Cyclical · Resorts & Casinos
Market Cap
$1.74B
Avg Intrinsic
$2.96B
Intrinsic / Market
1.69
Margin of Safety
41.0%
WACC
11.1%
FY End
2025-12-31
EPV
$3.38B
Profit
$2.67B
FCFF
$2.82B
Listed HK, based HK · Basic Materials · Paper & Paper Products
Market Cap
$1.80B
Avg Intrinsic
$3.02B
Intrinsic / Market
1.67
Margin of Safety
40.2%
WACC
4.6%
FY End
2025-12-31
EPV
$2.25B
Profit
$2.57B
FCFF
$4.23B book
Listed HK, based CN · Technology · Electronic Components
Market Cap
$2.45B
Avg Intrinsic
$4.07B
Intrinsic / Market
1.66
Margin of Safety
39.9%
WACC
6.7%
FY End
2025-12-31
EPV
$4.19B
Profit
$7.21B
FCFF
$813.46M book
Listed HK, based HK · Technology · Information Technology Services
Market Cap
$1.59B
Avg Intrinsic
$2.64B
Intrinsic / Market
1.66
Margin of Safety
39.8%
WACC
5.6%
FY End
2025-12-31
EPV
$3.24B
Profit
$2.35B
FCFF
$2.33B
Listed HK, based CN · Financial Services · Capital Markets
Market Cap
$31.75B
Avg Intrinsic
$52.56B
Intrinsic / Market
1.66
Margin of Safety
39.6%
WACC
4.4%
FY End
2025-12-31
EPV
$32.47B
Profit
$68.03B
FCFF
$57.17B book
Listed HK, based HK · Utilities · Utilities - Regulated Gas
Market Cap
$3.71B
Avg Intrinsic
$6.14B
Intrinsic / Market
1.65
Margin of Safety
39.5%
WACC
4.5%
FY End
2026-03-31
EPV
$5.76B
Profit
$4.37B
FCFF
$8.28B book
Listed HK, based CN · Industrials · Engineering & Construction
Market Cap
$2.92B
Avg Intrinsic
$4.81B
Intrinsic / Market
1.65
Margin of Safety
39.3%
WACC
8.3%
FY End
2025-12-31
EPV
$6.28B
Profit
$3.44B
FCFF
$4.72B book
Listed HK, based CN · Industrials · Metal Fabrication
Market Cap
$5.03B
Avg Intrinsic
$8.18B
Intrinsic / Market
1.63
Margin of Safety
38.5%
WACC
5.9%
FY End
2025-12-31
EPV
$10.86B
Profit
$3.81B
FCFF
$9.88B book
Listed HK, based CN · Communication Services · Internet Content & Information
Market Cap
$2.43B
Avg Intrinsic
$3.95B
Intrinsic / Market
1.62
Margin of Safety
38.4%
WACC
5.8%
FY End
2025-12-31
EPV
$4.80B
Profit
$3.66B
FCFF
$3.40B book
Listed HK, based CN · Energy · Oil & Gas Integrated
Market Cap
$67.09B
Avg Intrinsic
$108.44B
Intrinsic / Market
1.62
Margin of Safety
38.1%
WACC
5.3%
FY End
2025-12-31
EPV
$91.16B
Profit
$86.40B
FCFF
$147.77B book
Listed HK, based CN · Energy · Oil & Gas Integrated
Market Cap
$222.31B
Avg Intrinsic
$357.64B
Intrinsic / Market
1.61
Margin of Safety
37.8%
WACC
6.9%
FY End
2025-12-31
EPV
$397.05B
Profit
$316.58B
FCFF
$359.27B
Listed HK, based CN · Consumer Cyclical · Auto Parts
Market Cap
$2.11B
Avg Intrinsic
$3.36B
Intrinsic / Market
1.60
Margin of Safety
37.3%
WACC
5.1%
FY End
2025-12-31
EPV
$3.76B
Profit
$2.73B
FCFF
$3.60B book
Listed HK, based CN · Basic Materials · Aluminum
Market Cap
$17.45B
Avg Intrinsic
$27.37B
Intrinsic / Market
1.57
Margin of Safety
36.2%
WACC
10.1%
FY End
2025-12-31
EPV
$32.40B
Profit
$17.80B
FCFF
$31.90B
Listed HK, based CN · Basic Materials · Aluminum
Market Cap
$26.52B
Avg Intrinsic
$41.31B
Intrinsic / Market
1.56
Margin of Safety
35.8%
WACC
8.1%
FY End
2025-12-31
EPV
$37.05B
Profit
$46.22B
FCFF
$40.66B
Listed HK, based HK · Industrials · Specialty Industrial Machinery
Market Cap
$3.60B
Avg Intrinsic
$5.60B
Intrinsic / Market
1.56
Margin of Safety
35.7%
WACC
10.2%
FY End
2025-12-31
EPV
$5.97B
Profit
$4.45B
FCFF
$6.39B
Listed HK, based CN · Consumer Defensive · Packaged Foods
Market Cap
$2.58B
Avg Intrinsic
$3.94B
Intrinsic / Market
1.53
Margin of Safety
34.5%
WACC
6.6%
FY End
2025-12-31
EPV
$4.44B
Profit
$3.17B
FCFF
$4.21B
Listed HK, based CN · Industrials · Specialty Industrial Machinery
Market Cap
$3.93B
Avg Intrinsic
$5.97B
Intrinsic / Market
1.52
Margin of Safety
34.1%
WACC
5.1%
FY End
2025-12-31
EPV
$5.68B
Profit
$5.12B
FCFF
$7.10B book
Listed HK, based CN · Industrials · Infrastructure Operations
Market Cap
$1.92B
Avg Intrinsic
$2.90B
Intrinsic / Market
1.51
Margin of Safety
33.7%
WACC
2.6%
FY End
2025-12-31
EPV
$2.47B
Profit
$2.98B
FCFF
$3.23B book
| # | Company | Market Cap | Avg Intrinsic | Intrinsic / Market | Margin of Safety | WACC | EPV / Profit / FCFF | FY End |
|---|---|---|---|---|---|---|---|---|
| 101 | 1109.HK China Resources Land LimitedListed HK, based HK · Real Estate · Real Estate - Development | $26.78B | $68.60B | 2.56 | 61.0% | 3.8% | $91.98B $46.55B $67.28B | 2025-12-31 |
| 102 | 0902.HK Huaneng Power International, Inc.Listed HK, based CN · Utilities · Utilities - Independent Power Producers | $12.19B | $31.21B | 2.56 | 60.9% | 3.2% | $34.84B $27.73B $31.06B book | 2025-12-31 |
| 103 | 1114.HK Brilliance China Automotive Holdings LimitedListed HK, based HK · Consumer Cyclical · Auto Manufacturers | $1.17B | $2.96B | 2.54 | 60.6% | 8.6% | $3.14B book $2.60B $3.14B book | 2025-12-31 |
| 104 | 3908.HK China International Capital Corporation LimitedListed HK, based CN · Financial Services · Capital Markets | $11.86B | $29.68B | 2.50 | 60.1% | 4.1% | $57.57B $13.66B $17.80B book | 2025-12-31 |
| 105 | 1071.HK Huadian Power International Corporation LimitedListed HK, based CN · Utilities · Utilities - Regulated Electric | $6.27B | $15.68B | 2.50 | 60.0% | 2.8% | $13.25B $15.54B $18.26B | 2025-12-31 |
| 106 | 3983.HK China BlueChemical Ltd.Listed HK, based CN · Basic Materials · Agricultural Inputs | $1.09B | $2.71B | 2.50 | 60.0% | 7.7% | $3.56B $1.66B $2.92B | 2025-12-31 |
| 107 | 0045.HK The Hongkong and Shanghai Hotels, LimitedListed HK, based HK · Consumer Cyclical · Lodging | $1.16B | $2.89B | 2.50 | 59.9% | 4.2% | -$603.09M $4.64B book $4.64B book | 2025-12-31 |
| 108 | 0338.HK Sinopec Shanghai Petrochemical Company LimitedListed HK, based CN · Energy · Oil & Gas Refining & Marketing | $1.46B | $3.61B | 2.47 | 59.6% | 7.3% | $3.61B book $3.61B book $3.61B book | 2025-12-31 |
| 109 | 0081.HK China Overseas Grand Oceans Group LimitedListed HK, based HK · Real Estate · Real Estate - Development | $1.41B | $3.46B | 2.45 | 59.2% | 2.8% | $3.88B $1.05B $5.44B book | 2025-12-31 |
| 110 | 6655.HK Huaxin Building Materials Group Co., Ltd.Listed HK, based CN · Basic Materials · Building Materials | $3.94B | $9.57B | 2.43 | 58.9% | 4.3% | $13.31B $6.32B $9.08B | 2025-12-31 |
| 111 | 1066.HK Shandong Weigao Group Medical Polymer Company LimitedListed HK, based CN · Healthcare · Medical Instruments & Supplies | $1.85B | $4.45B | 2.41 | 58.6% | 6.0% | $5.62B $3.55B $4.19B | 2025-12-31 |
| 112 | 0762.HK China Unicom (Hong Kong) LimitedListed HK, based HK · Communication Services · Telecom Services | $21.19B | $50.70B | 2.39 | 58.2% | 6.8% | $49.09B $47.63B $55.37B book | 2025-12-31 |
| 113 | 2356.HK Dah Sing Banking Group LimitedListed HK, based HK · Financial Services · Banks - Regional | $2.57B | $6.07B | 2.36 | 57.7% | 7.7% | $8.41B $5.24B $4.57B book | 2025-12-31 |
| 114 | 3969.HK China Railway Signal & Communication Corporation LimitedListed HK, based CN · Industrials · Railroads | $4.02B | $9.39B | 2.34 | 57.3% | 5.5% | $12.73B $7.94B $7.51B book | 2025-12-31 |
| 115 | 1513.HK Livzon Pharmaceutical Group Inc.Listed HK, based CN · Healthcare · Drug Manufacturers - Specialty & Generic | $2.49B | $5.74B | 2.31 | 56.7% | 4.5% | $7.24B $4.83B $5.16B | 2025-12-31 |
| 116 | 0586.HK China Conch Venture Holdings LimitedListed HK, based CN · Industrials · Pollution & Treatment Controls | $1.68B | $3.84B | 2.29 | 56.4% | 4.7% | $802.53M $3.44B $7.28B book | 2025-12-31 |
| 117 | 1456.HK Guolian Minsheng Securities Co., Ltd.Listed HK, based CN · Financial Services · Capital Markets | $4.68B | $10.68B | 2.28 | 56.2% | 3.3% | $19.09B $5.16B $7.79B book | 2025-12-31 |
| 118 | 6186.HK China Feihe LimitedListed HK, based CN · Consumer Defensive · Packaged Foods | $3.08B | $6.97B | 2.27 | 55.9% | 7.4% | $8.38B $3.78B $8.76B | 2025-12-31 |
| 119 | 0151.HK Want Want China Holdings LimitedListed HK, based HK · Consumer Defensive · Packaged Foods | $4.09B | $9.16B | 2.24 | 55.4% | 5.8% | $10.79B $9.82B $6.88B | 2026-03-31 |
| 120 | 3898.HK Zhuzhou CRRC Times Electric Co., Ltd.Listed HK, based CN · Industrials · Railroads | $4.75B | $10.55B | 2.22 | 55.0% | 4.3% | $13.75B $11.15B $6.76B book | 2025-12-31 |
| 121 | 2097.HK MIXUE GroupListed HK, based CN · Consumer Defensive · Beverages - Non-Alcoholic | $8.65B | $19.18B | 2.22 | 54.9% | 10.5% | $11.75B $32.29B $13.51B | 2025-12-31 |
| 122 | 0023.HK The Bank of East Asia, LimitedListed HK, based HK · Financial Services · Banks - Regional | $6.33B | $13.93B | 2.20 | 54.5% | 7.5% | $20.57B $7.63B $13.59B book | 2025-12-31 |
| 123 | 2669.HK China Overseas Property Holdings LimitedListed HK, based HK · Real Estate · Real Estate Services | $1.36B | $2.99B | 2.20 | 54.4% | 11.2% | $2.73B $3.64B $2.59B | 2025-12-31 |
| 124 | 2689.HK Nine Dragons Paper (Holdings) LimitedListed HK, based CN · Basic Materials · Paper & Paper Products | $3.20B | $7.00B | 2.19 | 54.4% | 3.7% | $5.99B $7.51B book $7.51B book | 2024-06-30 |
| 125 | 0780.HK Tongcheng Travel Holdings LimitedListed HK, based CN · Consumer Cyclical · Travel Services | $3.01B | $6.56B | 2.17 | 54.0% | 5.9% | $7.29B $6.78B $5.60B | 2025-12-31 |
| 126 | 9981.HK ShenZhen Woer Heat-Shrinkable Material Co.,Ltd.Listed HK, based CN · Industrials · Electrical Equipment & Parts | $1.45B | $3.14B | 2.17 | 53.9% | 6.8% | $3.25B $2.78B $3.39B | 2025-12-31 |
| 127 | 0548.HK Shenzhen Expressway Corporation LimitedListed HK, based CN · Industrials · Infrastructure Operations | $2.05B | $4.41B | 2.15 | 53.5% | 3.3% | $4.80B $4.02B $4.41B | 2025-12-31 |
| 128 | 3800.HK GCL Technology Holdings LimitedListed HK, based CN · Technology · Solar | $2.89B | $6.21B | 2.15 | 53.5% | 5.4% | $6.21B book $6.21B book $6.21B book | 2025-12-31 |
| 129 | 0883.HK CNOOC LimitedListed HK, based HK · Energy · Oil & Gas E&P | $142.71B | $305.61B | 2.14 | 53.3% | 6.5% | $316.81B $302.19B $297.83B | 2025-12-31 |
| 130 | 6178.HK Everbright Securities Company LimitedListed HK, based CN · Financial Services · Capital Markets | $4.02B | $8.60B | 2.14 | 53.2% | 4.8% | $5.75B $8.96B $11.11B book | 2025-12-31 |
| 131 | 0135.HK Kunlun Energy Company LimitedListed HK, based HK · Energy · Oil & Gas Refining & Marketing | $8.36B | $17.80B | 2.13 | 53.0% | 6.3% | $23.40B $11.68B $18.31B | 2025-12-31 |
| 132 | 0297.HK Sinofert Holdings LimitedListed HK, based HK · Basic Materials · Agricultural Inputs | $1.08B | $2.27B | 2.11 | 52.6% | 8.0% | $3.13B $2.05B $1.64B book | 2025-12-31 |
| 133 | 0914.HK Anhui Conch Cement Company LimitedListed HK, based CN · Basic Materials · Building Materials | $10.72B | $22.55B | 2.10 | 52.5% | 5.8% | $21.29B $21.24B $25.12B | 2025-12-31 |
| 134 | 1053.HK Chongqing Iron & Steel Company LimitedListed HK, based CN · Basic Materials · Steel | $1.04B | $2.17B | 2.10 | 52.3% | 5.4% | $2.17B book $2.17B book $2.17B book | 2025-12-31 |
| 135 | 1919.HK COSCO SHIPPING Holdings Co., Ltd.Listed HK, based CN · Industrials · Marine Shipping | $31.28B | $65.27B | 2.09 | 52.1% | 6.9% | $99.61B $54.15B $42.04B book | 2025-12-31 |
| 136 | 1766.HK CRRC Corporation LimitedListed HK, based CN · Industrials · Railroads | $19.23B | $39.88B | 2.07 | 51.8% | 5.4% | $50.64B $36.59B $32.42B book | 2025-12-31 |
| 137 | 0392.HK Beijing Enterprises Holdings LimitedListed HK, based HK · Industrials · Conglomerates | $4.66B | $9.64B | 2.07 | 51.7% | 4.0% | $3.74B $10.48B $14.70B book | 2025-12-31 |
| 138 | 3931.HK CALB Group Co., Ltd.Listed HK, based CN · Industrials · Electrical Equipment & Parts | $3.64B | $7.51B | 2.06 | 51.5% | 2.7% | $9.70B $5.17B $7.65B book | 2025-12-31 |
| 139 | 1368.HK Xtep International Holdings LimitedListed HK, based CN · Consumer Cyclical · Apparel Retail | $1.21B | $2.49B | 2.06 | 51.5% | 7.1% | $2.67B $2.23B $2.57B | 2025-12-31 |
| 140 | 0101.HK Hang Lung Properties LimitedListed HK, based HK · Real Estate · Real Estate Services | $4.30B | $8.81B | 2.05 | 51.2% | 4.0% | $7.13B $6.83B $12.49B | 2025-12-31 |
| 141 | 0636.HK KLN Logistics Group LimitedListed HK, based HK · Industrials · Integrated Freight & Logistics | $1.34B | $2.74B | 2.05 | 51.1% | 6.5% | $3.60B $1.87B $2.75B | 2025-12-31 |
| 142 | 1318.HK Mao Geping Cosmetics Co., Ltd.Listed HK, based CN · Consumer Defensive · Household & Personal Products | $2.74B | $5.56B | 2.03 | 50.8% | 10.5% | $2.44B $2.86B $11.39B | 2025-12-31 |
| 143 | 6881.HK China Galaxy Securities Co., Ltd.Listed HK, based CN · Financial Services · Financial Conglomerates | $9.86B | $19.78B | 2.01 | 50.1% | 4.9% | $13.24B $23.14B $22.94B book | 2025-12-31 |
| 144 | 6808.HK Sun Art Retail Group LimitedListed HK, based CN · Consumer Cyclical · Department Stores | $1.24B | $2.48B | 2.00 | 50.1% | 8.1% | $2.41B $2.51B book $2.51B book | 2026-03-31 |
| 145 | 0552.HK China Communications Services Corporation LimitedListed HK, based CN · Communication Services · Telecom Services | $3.56B | $7.02B | 1.97 | 49.3% | 7.4% | $6.83B $7.00B $7.24B book | 2025-12-31 |
| 146 | 2367.HK Giant Biogene Holding Co., Ltd.Listed HK, based CN · Consumer Defensive · Household & Personal Products | $3.18B | $6.23B | 1.96 | 49.0% | 8.9% | $4.46B $5.70B $8.54B | 2025-12-31 |
| 147 | 2610.HK Nanshan Aluminium International Holdings LimitedListed HK, based ID · Basic Materials · Aluminum | $1.87B | $3.67B | 1.96 | 48.9% | 10.5% | $3.71B $5.39B $1.90B book | 2025-12-31 |
| 148 | 6806.HK Shenwan Hongyuan Group Co., Ltd.Listed HK, based CN · Financial Services · Capital Markets | $7.46B | $14.57B | 1.95 | 48.8% | 4.4% | $1.68B $21.25B $20.77B book | 2025-12-31 |
| 149 | 3968.HK China Merchants Bank Co., Ltd.Listed HK, based CN · Financial Services · Banks - Regional | $162.91B | $315.48B | 1.94 | 48.4% | 6.3% | $433.02B $314.02B $199.40B book | 2025-12-31 |
| 150 | 0921.HK Hisense Home Appliances Group Co., Ltd.Listed HK, based CN · Consumer Cyclical · Furnishings, Fixtures & Appliances | $3.44B | $6.63B | 1.93 | 48.1% | 7.3% | $10.41B $6.29B $3.20B book | 2025-12-31 |
| 151 | 6098.HK Country Garden Services Holdings Company LimitedListed HK, based CN · Real Estate · Real Estate Services | $2.19B | $4.22B | 1.93 | 48.1% | 14.0% | $5.13B $3.12B $4.41B | 2025-12-31 |
| 152 | 1910.HK Samsonite Group S.A.Listed HK, based LU · Consumer Cyclical · Footwear & Accessories | $2.17B | $4.16B | 1.92 | 47.9% | 6.5% | $5.33B $3.95B $3.18B | 2025-12-31 |
| 153 | 3877.HK CSSC (Hong Kong) Shipping Company LimitedListed HK, based HK · Industrials · Rental & Leasing Services | $1.89B | $3.62B | 1.91 | 47.8% | 4.2% | $5.32B $3.59B $1.95B book | 2025-12-31 |
| 154 | 0116.HK Chow Sang Sang Holdings International LimitedListed HK, based HK · Consumer Cyclical · Luxury Goods | $1.11B | $2.12B | 1.90 | 47.5% | 4.9% | $2.03B $2.47B $1.86B book | 2025-12-31 |
| 155 | 1157.HK Zoomlion Heavy Industry Science and Technology Co., Ltd.Listed HK, based CN · Industrials · Farm & Heavy Construction Machinery | $6.28B | $11.96B | 1.90 | 47.5% | 4.0% | $16.79B $10.27B $8.81B book | 2025-12-31 |
| 156 | 0968.HK Xinyi Solar Holdings LimitedListed HK, based CN · Technology · Solar | $2.19B | $4.15B | 1.90 | 47.3% | 7.8% | $4.60B $2.86B $5.00B book | 2025-12-31 |
| 157 | 1883.HK CITIC Telecom International Holdings LimitedListed HK, based HK · Communication Services · Telecom Services | $1.12B | $2.13B | 1.90 | 47.3% | 5.2% | $2.75B $1.83B $1.82B | 2025-12-31 |
| 158 | 1999.HK Man Wah Holdings LimitedListed HK, based HK · Consumer Cyclical · Furnishings, Fixtures & Appliances | $1.35B | $2.55B | 1.89 | 47.1% | 9.4% | $2.76B $2.06B $2.83B | 2026-03-31 |
| 159 | 0590.HK Luk Fook Holdings (International) LimitedListed HK, based HK · Consumer Cyclical · Luxury Goods | $1.59B | $2.99B | 1.89 | 46.9% | 7.0% | $3.44B $3.62B $1.91B book | 2026-03-31 |
| 160 | 1030.HK Seazen Group LimitedListed HK, based CN · Real Estate · Real Estate - Development | $1.33B | $2.47B | 1.86 | 46.2% | 2.9% | -$5.57B $1.32B $11.67B book | 2025-12-31 |
| 161 | 0506.HK China Foods LimitedListed HK, based HK · Consumer Defensive · Beverages - Non-Alcoholic | $1.31B | $2.43B | 1.85 | 45.9% | 7.6% | $3.31B $1.73B $2.25B | 2025-12-31 |
| 162 | 2579.HK CNGR Advanced Material Co., Ltd.Listed HK, based CN · Basic Materials · Specialty Chemicals | $2.76B | $5.07B | 1.84 | 45.6% | 5.6% | $7.19B $2.98B $5.05B book | 2025-12-31 |
| 163 | 0551.HK Yue Yuen Industrial (Holdings) LimitedListed HK, based HK · Consumer Cyclical · Footwear & Accessories | $2.50B | $4.59B | 1.84 | 45.6% | 7.4% | $4.53B $4.20B $5.05B book | 2025-12-31 |
| 164 | 1044.HK Hengan International Group Company LimitedListed HK, based CN · Consumer Defensive · Household & Personal Products | $2.86B | $5.19B | 1.81 | 44.8% | 5.0% | $6.67B $4.19B $4.70B | 2025-12-31 |
| 165 | 1816.HK CGN Power Co., Ltd.Listed HK, based CN · Utilities · Utilities - Independent Power Producers | $21.11B | $38.22B | 1.81 | 44.8% | 2.3% | $61.90B $25.09B $27.66B book | 2025-12-31 |
| 166 | 6690.HK Haier Smart Home Co., Ltd.Listed HK, based CN · Consumer Cyclical · Furnishings, Fixtures & Appliances | $23.85B | $43.11B | 1.81 | 44.7% | 6.7% | $44.26B $42.59B $42.50B | 2025-12-31 |
| 167 | 2883.HK China Oilfield Services LimitedListed HK, based CN · Energy · Oil & Gas Equipment & Services | $4.46B | $8.06B | 1.81 | 44.6% | 6.4% | $9.88B $7.23B $7.07B book | 2025-12-31 |
| 168 | 0168.HK Tsingtao Brewery Company LimitedListed HK, based CN · Consumer Defensive · Beverages - Brewers | $6.84B | $12.32B | 1.80 | 44.5% | 6.6% | $12.27B $8.95B $15.75B | 2025-12-31 |
| 169 | 1928.HK Sands China Ltd.Listed HK, based MO · Consumer Cyclical · Resorts & Casinos | $11.76B | $20.80B | 1.77 | 43.5% | 6.6% | $1.29B book $53.38B $7.72B | 2025-12-31 |
| 170 | 1361.HK 361 Degrees International LimitedListed HK, based CN · Consumer Cyclical · Footwear & Accessories | $1.21B | $2.13B | 1.76 | 43.2% | 10.0% | $2.72B $1.93B $1.74B book | 2025-12-31 |
| 171 | 1277.HK Kinetic Development Group LimitedListed HK, based CN · Energy · Thermal Coal | $2.00B | $3.51B | 1.75 | 42.9% | 5.6% | $4.95B $2.97B $2.60B | 2025-12-31 |
| 172 | 1836.HK Stella International Holdings LimitedListed HK, based HK · Consumer Cyclical · Footwear & Accessories | $1.30B | $2.27B | 1.75 | 42.9% | 5.5% | $2.82B $2.06B $1.94B | 2025-12-31 |
| 173 | 0836.HK China Resources Power Holdings Company LimitedListed HK, based HK · Utilities · Utilities - Independent Power Producers | $12.85B | $22.32B | 1.74 | 42.4% | 3.6% | $24.58B $25.18B $17.19B book | 2025-12-31 |
| 174 | 2688.HK ENN Energy Holdings LimitedListed HK, based CN · Utilities · Utilities - Regulated Gas | $6.90B | $11.99B | 1.74 | 42.4% | 6.9% | $13.15B $10.94B $11.87B | 2025-12-31 |
| 175 | 2727.HK Shanghai Electric Group Co., Ltd.Listed HK, based CN · Industrials · Specialty Industrial Machinery | $5.65B | $9.81B | 1.74 | 42.4% | 4.7% | $11.11B $6.48B $11.86B book | 2025-12-31 |
| 176 | 2799.HK China CITIC Financial Asset Management Co., Ltd.Listed HK, based CN · Financial Services · Asset Management | $6.20B | $10.74B | 1.73 | 42.3% | 4.3% | $7.60B book $17.00B $7.60B book | 2025-12-31 |
| 177 | 1083.HK Towngas Smart Energy Company LimitedListed HK, based HK · Utilities · Utilities - Regulated Gas | $1.36B | $2.35B | 1.73 | 42.1% | 5.5% | $1.33B $2.11B $3.62B book | 2025-12-31 |
| 178 | 1113.HK CK Asset Holdings LimitedListed HK, based HK · Real Estate · Real Estate - Development | $20.51B | $35.28B | 1.72 | 41.9% | 6.9% | $25.39B $27.90B $52.55B book | 2025-12-31 |
| 179 | 1585.HK Yadea Group Holdings Ltd.Listed HK, based CN · Consumer Cyclical · Auto Manufacturers | $3.19B | $5.44B | 1.71 | 41.4% | 7.4% | $8.60B $6.23B $1.50B book | 2025-12-31 |
| 180 | 1193.HK China Resources Gas Group LimitedListed HK, based HK · Utilities · Utilities - Regulated Gas | $4.65B | $7.90B | 1.70 | 41.2% | 6.1% | $9.16B $6.23B $8.32B | 2025-12-31 |
| 181 | 0001.HK CK Hutchison Holdings LimitedListed HK, based HK · Industrials · Conglomerates | $32.88B | $55.77B | 1.70 | 41.0% | 5.6% | $60.80B $41.48B $65.02B | 2025-12-31 |
| 182 | 3369.HK Qinhuangdao Port Co., Ltd.Listed HK, based CN · Industrials · Marine Shipping | $1.89B | $3.20B | 1.70 | 41.0% | 6.3% | $3.28B $3.29B $3.04B | 2025-12-31 |
| 183 | 3918.HK NagaCorp Ltd.Listed HK, based KH · Consumer Cyclical · Resorts & Casinos | $1.74B | $2.96B | 1.69 | 41.0% | 11.1% | $3.38B $2.67B $2.82B | 2025-12-31 |
| 184 | 2314.HK Lee & Man Paper Manufacturing LimitedListed HK, based HK · Basic Materials · Paper & Paper Products | $1.80B | $3.02B | 1.67 | 40.2% | 4.6% | $2.25B $2.57B $4.23B book | 2025-12-31 |
| 185 | 1415.HK Cowell e Holdings Inc.Listed HK, based CN · Technology · Electronic Components | $2.45B | $4.07B | 1.66 | 39.9% | 6.7% | $4.19B $7.21B $813.46M book | 2025-12-31 |
| 186 | 0856.HK VSTECS Holdings LimitedListed HK, based HK · Technology · Information Technology Services | $1.59B | $2.64B | 1.66 | 39.8% | 5.6% | $3.24B $2.35B $2.33B | 2025-12-31 |
| 187 | 2611.HK Guotai Haitong Securities Co., Ltd.Listed HK, based CN · Financial Services · Capital Markets | $31.75B | $52.56B | 1.66 | 39.6% | 4.4% | $32.47B $68.03B $57.17B book | 2025-12-31 |
| 188 | 0384.HK China Gas Holdings LimitedListed HK, based HK · Utilities · Utilities - Regulated Gas | $3.71B | $6.14B | 1.65 | 39.5% | 4.5% | $5.76B $4.37B $8.28B book | 2026-03-31 |
| 189 | 2386.HK SINOPEC Engineering (Group) Co., Ltd.Listed HK, based CN · Industrials · Engineering & Construction | $2.92B | $4.81B | 1.65 | 39.3% | 8.3% | $6.28B $3.44B $4.72B book | 2025-12-31 |
| 190 | 2039.HK China International Marine Containers (Group) Co., Ltd.Listed HK, based CN · Industrials · Metal Fabrication | $5.03B | $8.18B | 1.63 | 38.5% | 5.9% | $10.86B $3.81B $9.88B book | 2025-12-31 |
| 191 | 2518.HK Autohome Inc.Listed HK, based CN · Communication Services · Internet Content & Information | $2.43B | $3.95B | 1.62 | 38.4% | 5.8% | $4.80B $3.66B $3.40B book | 2025-12-31 |
| 192 | 0386.HK China Petroleum & Chemical CorporationListed HK, based CN · Energy · Oil & Gas Integrated | $67.09B | $108.44B | 1.62 | 38.1% | 5.3% | $91.16B $86.40B $147.77B book | 2025-12-31 |
| 193 | 0857.HK PetroChina Company LimitedListed HK, based CN · Energy · Oil & Gas Integrated | $222.31B | $357.64B | 1.61 | 37.8% | 6.9% | $397.05B $316.58B $359.27B | 2025-12-31 |
| 194 | 0699.HK Ningbo Joyson Electronic Corp.Listed HK, based CN · Consumer Cyclical · Auto Parts | $2.11B | $3.36B | 1.60 | 37.3% | 5.1% | $3.76B $2.73B $3.60B book | 2025-12-31 |
| 195 | 2600.HK Aluminum Corporation of China LimitedListed HK, based CN · Basic Materials · Aluminum | $17.45B | $27.37B | 1.57 | 36.2% | 10.1% | $32.40B $17.80B $31.90B | 2025-12-31 |
| 196 | 1378.HK China Hongqiao Group LimitedListed HK, based CN · Basic Materials · Aluminum | $26.52B | $41.31B | 1.56 | 35.8% | 8.1% | $37.05B $46.22B $40.66B | 2025-12-31 |
| 197 | 1882.HK Haitian International Holdings LimitedListed HK, based HK · Industrials · Specialty Industrial Machinery | $3.60B | $5.60B | 1.56 | 35.7% | 10.2% | $5.97B $4.45B $6.39B | 2025-12-31 |
| 198 | 2648.HK Anjoy Foods Group Co., Ltd.Listed HK, based CN · Consumer Defensive · Packaged Foods | $2.58B | $3.94B | 1.53 | 34.5% | 6.6% | $4.44B $3.17B $4.21B | 2025-12-31 |
| 199 | 2208.HK Goldwind Science&Technology Co., Ltd.Listed HK, based CN · Industrials · Specialty Industrial Machinery | $3.93B | $5.97B | 1.52 | 34.1% | 5.1% | $5.68B $5.12B $7.10B book | 2025-12-31 |
| 200 | 0107.HK Sichuan Expressway Company LimitedListed HK, based CN · Industrials · Infrastructure Operations | $1.92B | $2.90B | 1.51 | 33.7% | 2.6% | $2.47B $2.98B $3.23B book | 2025-12-31 |
How to read this page
What Intrinsic Value means
The plain average of three values. Nothing is capped, so it can reach many times the Market Cap.
EPV + Growth
earnings power value plus growth value, less net debt.
Profit
15 years of profit paid to shareholders, plus the book value and the profit kept by then.
FCFF
15 years of free cash flow, plus the capital invested by then, less net debt.
Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.
See how this ranking did on past years
The backtest picks the Top N the same way on an older fiscal year and measures what happened to them.
Open the backtest