Top 12 Most Underestimated Chinese Companies
by Kapitall
February 18, 2011
about: ASIA / BIDU / CAAS / CISG / CTRP / DEER / HOLI / HRBN / SINA / STV / TSL / VIT
The following is a list of Chinese stocks with a track record of beating analyst estimates, i.e. generating a high number of "earnings surprises."
Judging by how their earnings results are consistently higher than analyst estimates, it's clear that these stocks are being underestimated. Do you think their trends can continue? To access a complete analysis of each stock's historical performance relative to earnings estimates, click here.
Earnings data sourced from AOL Money, short float and performance data sourced from Finviz.
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List sorted by average of earnings surprise.
1. China Automotive Systems Inc. (CAAS): Auto Parts Industry. Market cap of $336.29M. The company has outperformed analyst earnings estimates by an average of 40.47% over the last year. Short float at 16.06%, which implies a short ratio of 5.9 days. The stock has lost -30.3% over the last year.
2. Deer Consumer Products, Inc. (DEER): Home Furnishings & Fixtures Industry. Market cap of $369.83M. The company has outperformed analyst earnings estimates by an average of 38.14% over the last year. Short float at 15.22%, which implies a short ratio of 12.62 days. The stock has gained 21.93% over the last year.
3. Harbin Electric, Inc. (HRBN): Industrial Electrical Equipment Industry. Market cap of $598.44M. The company has outperformed analyst earnings estimates by an average of 30.54% over the last year. Short float at 26.04%, which implies a short ratio of 10.12 days. The stock has lost -2.2% over the last year.
4. Trina Solar Ltd. (TSL): Semiconductor Industry. Market cap of $2.06B. The company has outperformed analyst earnings estimates by an average of 25.73% over the last year. Short float at 11.91%, which implies a short ratio of 2.62 days. The stock has gained 14.55% over the last year.
5. China Digital TV Holding Co., Ltd. (STV): Application Software Industry. Market cap of $390.61M. The company has outperformed analyst earnings estimates by an average of 16.53% over the last year. Short float at 0.28%, which implies a short ratio of 0.39 days. The stock has lost -2.04% over the last year.
6. Cninsure Inc. (CISG): Insurance Brokers Industry. Market cap of $897.51M. The company has outperformed analyst earnings estimates by an average of 16.22% over the last year. Short float at 15.06%, which implies a short ratio of 6.5 days. The stock has lost -16.95% over the last year.
7. Baidu, Inc. (BIDU): Internet Information Providers Industry. Market cap of $44.73B. The company has outperformed analyst earnings estimates by an average of 14.10% over the last year. Short float at 2.5%, which implies a short ratio of 0.87 days. The stock has gained 158.66% over the last year.
8. Hollysys Automation Technologies, Ltd (HOLI): Industrial Electrical Equipment Industry. Market cap of $885.36M. The company has outperformed analyst earnings estimates by an average of 13.91% over the last year. Short float at 6.74%, which implies a short ratio of 6.01 days. The stock has gained 51.68% over the last year.
9. VanceInfo Technologies Inc. (VIT): Information Technology Services Industry. Market cap of $1.47B. The company has outperformed analyst earnings estimates by an average of 13.36% over the last year. Short float at 2.52%, which implies a short ratio of 1.75 days. The stock has gained 86.15% over the last year.
10. Ctrip.com International Ltd. (CTRP): Consumer Services Industry. Market cap of $5.8B. The company has outperformed analyst earnings estimates by an average of 13.27% over the last year. Short float at 6.83%, which implies a short ratio of 3.24 days. The stock has gained 9.46% over the last year.
11. AsiaInfo-Linkage,Inc. (ASIA): Security Software & Services Industry. Market cap of $1.57B. The company has outperformed analyst earnings estimates by an average of 11.72% over the last year. Short float at 4.73%, which implies a short ratio of 2.71 days. The stock has lost -14.46% over the last year.
12. Sina Corp. (SINA): Internet Software & Services Industry. Market cap of $5.47B. The company has outperformed analyst earnings estimates by an average of 11.62% over the last year. Short float at 10.54%, which implies a short ratio of 2.73 days. The stock has gained 135.87% over the last year.
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