Insight Provider, CrossASEAN Research

Nicolas Van Broekhoven

Insight Provider

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

Cosco International Holdings / Equity Bottom-Up

<p>According to a recent search on Bloomberg, there are just 4 companies listed in Hong Kong that have a market cap greater than 500M USD, reasonable ADTV and negative Enterprise Value (EV).</p><table class="table table-striped"><tbody>
<tr>
<td>Company Name</td>
<td style="text-align: center;">Enterprise Value (M in HKD)</td>
<td style="text-align: center;">Dividend Yield</td>
<td style="text-align: center;">ADTV</td>
</tr>
<tr>
<td><a href="https://www.smartkarma.com/entities/10998" target="_blank" data-smartkarma-citation="entities:10998:1">China Machinery Engineering Corp (1829 HK)</a></td>
<td style="text-align: center;">-7,695</td>
<td style="text-align: center;">4.70%</td>
<td style="text-align: center;">22.8 M USD</td>
</tr>
<tr>
<td><a href="https://www.smartkarma.com/entities/5432" target="_blank" data-smartkarma-citation="entities:5432:1">FIH Mobile Ltd (2038 HK)</a></td>
<td style="text-align: center;">-152</td>
<td style="text-align: center;">0%</td>
<td style="text-align: center;">1.77 M USD</td>
</tr>
<tr>
<td><a href="https://www.smartkarma.com/entities/3690" target="_blank" data-smartkarma-citation="entities:3690:1">Weiqiao Textile Co (2698 HK)</a></td>
<td style="text-align: center;">-1,695</td>
<td style="text-align: center;">4.78%</td>
<td style="text-align: center;">0.55 M USD</td>
</tr>
<tr>
<td><a href="https://www.smartkarma.com/entities/672" target="_blank" data-smartkarma-citation="entities:672:1">COSCO International Holdings Limited (517 HK)</a></td>
<td style="text-align: center;">-1,272</td>
<td style="text-align: center;">5.5%</td>
<td style="text-align: center;">0.42 M USD</td>
</tr>
</tbody></table><p>Mr. Market is telling investors these…</p>

According to a recent search on Bloomberg, there are just 4 companies listed in Hong Kong that have a market cap greater than 500M USD, reasonable ADTV and negative Enterprise Value (EV).

Company Name
Enterprise Value (M in HKD)
Dividend Yield
ADTV


China Machinery Engineering Corp (1829 HK)
-7,695
4.70%
22.8 M USD


FIH Mobile Ltd (2038 HK)
-152
0%
1.77 M USD


Weiqiao Textile Co (2698 HK)
-1,695
4.78%
0.55 M USD


COSCO International Holdings Limited (517 HK)
-1,272
5.5%
0.42 M USD

Mr. Market is telling investors these…

Cosco Ship Intl-517 HK: Trading at Negative EV & 25% Discount to Net Cash; Deep Value or Value Trap?

China

Weiqiao Textile Company Limited, through its subsidiaries, produces, sells, and distributes cotton yarn, grey fabric and denim.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Cosco Ship Intl-517 HK: Trading at Negative EV & 25% Discount to Net Cash; Deep Value or Value Trap?

According to a recent search on Bloomberg, there are just 4 companies listed in Hong Kong that have a market cap greater than 500M USD, reasonable...

Nicolas Van Broekhoven