Time to invest on good China ADR value stocks. Here is the complete list of all China ADR listed on Wall Street. Editor’s choice will follow May 19, 2008Posted by deminvest in ACH Aluminium Corp of China, China Finance Online Co. Limited, China stock, investment, JRJC.
Workers willing to endure this to go to work will make their companies rich:
A country which has a Billion of such workers can make us foreign investors wealthy too. Did you know that half of China’s export belongs to Wall Street traded companies?
Largest China exporters traded on Wall Street are US Companies who produce in China, but the fastest growing are ADRs. ADRs are Chinese companies traded in Wall Street.
What is really interesting about those ADRs it that, even though Chinese economy is still growing at full speed, Chinese ADR stock price has fallen. As a matter of fact, Shanghai Composite Index went down 40% during last 7 months.
In my opinion, it is time to take advantage of some bargaining opportunity on Chinese ADS listed on Wall Street.
Here is the complete list of all US listed Chinese ADR:
|ACH||Aluminum Corporation of China||Materials|
|BCAHY||Brilliance China Automotive||Autos & Components|
|BIDU||Baidu.com||Software & Services|
|CEA||China Eastern Airlines||Transportation|
|CEO||China National Offshore Oil-CNOOC||Energy|
|CHA||China Telecom||Telecomm Services|
|CHL||China Mobile||Telecomm Services|
|CHOLY||China Oilfield Services||Energy|
|CHU||China Unicom||Telecomm Services|
|CHWTY||China Wireless Technologies||Technology Hware & Equip|
|CMED||China Medical Technologies||Health Care Equip & Servic|
|CNTF||China Techfaith Wireless Communication||Technology Hware & Equip|
|CSDXY||China Shipping Development||Transportation|
|CSUN||China Sunergy||Capital Goods|
|CTRP||CTrip.com International||Consumer Services|
|DIPGY||Datang International Power Generation||Utilities|
|EDU||New Oriental Education & Technology||Consumer Services|
|EJ||E-House (China) Holdings||Real Estate|
|GRRF||China GrenTech||Technology Hware & Equip|
|HMIN||Home Inns & Hotels Management||Consumer Services|
|HNP||Huaneng Power International||Utilities|
|HRAY||Hurray!||Software & Services|
|JASO||JA Solar||Capital Goods|
|JOBS||51job||Commercial Serv & Supp|
|JRJC||China Finance Online||Software & Services|
|KONG||KongZhong||Software & Services|
|LFC||China Life Insurance||Insurance|
|MR||Mindray Medical International||Health Care Equip & Servic|
|NCTY||The9||Software & Services|
|NINE||Ninetowns Internet Technology||Software & Services|
|NTES||Netease.com||Software & Services|
|PNGAY||Ping An Insurance Company of China||Insurance|
|PWRD||Perfect World||Software & Services|
|SCR||Simcere Pharmaceutical||Pharma, Biotech|
|SHI||Sinopec Shanghai Petrochemical||Materials|
|SNDA||Shanda Interactive Entertainment||Software & Services|
|SNP||China Petroleum & Chemical||Energy|
|SOLF||Solarfun Power||Capital Goods|
|STP||Suntech Power||Capital Goods|
|TCEPY||Tianjin Capital Environmental Protection||Commercial Serv & Supp|
|TCM||Tongjitang Chinese Medicines||Pharma, Biotech|
|TSGTY||Tsingtao Brewery||Food Beverage & Tobacco|
|WX||WuXi Pharmatech||Pharma, Biotech|
|XFML||Xinhua Finance Media||Media|
|YGE||Yingli Green Energy||Capital Goods|
|YZC||Yanzhou Coal Mining||Energy|
|ZNH||China Southern Airlines||Transportation|
Let’s give them a closer look to most interesting among them:
AIRYY: Air China, uninteresting pink sheets
ANGGY: ANGANG STEEL CO LTD, PINK sheets, not interesting
ATV Acorn is a Retailer in China which is not growing at all. I’ll stay away from it.
BCAHY Brilliance China Automotive Pink sheet for Autos & Components. I don’t do pink!
CEA China Eastern Airlines Corp. looks good with P/E 15, but has large debts and I want to stay far from airlines with such high oil and gas prices.
CEO CNOOC is an oil company. It is very healthy, has plenty of cash is growing revenues 20% yoy and earnings 15 yoy. It is is reasonably priced 20 times its current earning and 10 times its future expected earnigs, although now gas prices are government controlled. That could cut future earnings. CEO Gives out 2% yielding dividends.
CHL China Mobile Limited is one of my best stocks . China Mobile is World’s largest mobile phone operator with 400 Million customers, growing well: Qtrly Revenue Growth (yoy):20.20%, Qtrly Earnings Growth (yoy):37.10%. It is cheap: Trailing P/E (ttm, intraday):26.8, Forward P/E (fye 31-Dec-09):19.58. It offers nice dividends: Forward Annual Dividend Yield:2.10%. China Mobile has $20B cash and no debt. CHL is close to my idea of perfect company. I own 7 free CHL shares.
CHOLY is pink
CHU China Unicom is a Telecommunications Services company. Not growing and too expensive with P/E around 20.
CHWTY China Wireless Technologies Technology Hware & Equip is pink and I don’t do pink
CMED China Medical Technologies Health Care Equip & Servic
CNTF China Techfaith Wireless Communication Technology Hware & Equip
CSDXY Chian Shipping CO, not for me: not listed on main markets, just pink sheets market.
DIPGY Datang is a pink sheet company. I’m not interested
EDU New Oriental Education & Technology Group is quite interesting. EDU offers Eunglish courses all over China, operate private schools. In my opinion is a bit expensive (Trailing P/E (ttm, intraday):60.68 Forward P/E:44.99) considering it is growth is only around 30%.
EJ E-House Holdings is a very interesting Chinese Real Estate broker. It is growing well ( Qtrly Revenue Growth (yoy):45.80%, Qtrly Earnings Growth (yoy):31.80%). It is reasonably priced (Trailing P/E:27.98 Forward P/E:13.28). I has plenty of cash, no debts.
FNCM Focus Media is an audiovisual out of home advertising broker. They sell Ad space on screens installed all ove China, they buy minutes in movie theaters advertising. Focusmedia is growing well because Chines internal market is growing fast. Numbers call fro great respect: Qtrly Revenue Growth (yoy):175.00%, Qtrly Earnings Growth (yoy):45.60%. It is not too expensive: Trailing P/E:34.33, Forward P/E:15.55
JASO JA Solar Holdings Co, is a very nice solar panel producer Forward P/E 16.42, its stock price has always pointed up. JASO had a nice Qtrly Revenue Growth (yoy):201.00%, but I prefer larger players like STP in Solar Panel production.
JEXYY Jiansu is a pink sheet company. I’m not interested
JRJC China Finance Online Co. Limited is a risky stock that lost about half of its value since October. China Finance Online offers online financial data. The company never had Earnings, but is expected to have them: Forward P/E is expected to be around 19. Interesting is its Qtrly Revenue Growth (yoy):252.20%.
LFC China Life Insurance Company Limited is a nice Chinese Insurance company. P/E is 18.5, but expcted to slow down to F P/E: 29.4. China Life offers an Ok Forward Annual Dividend Yield:1.40%. China Life may have problems connected with latest Earthquake. LFC has plenty of cash and no debts. Actually with such bargains like AXA and Humana in Insurance industry, I’m not very interested in LFC.
PTR Petrochina is a very good stock. I own 2 free PTR shares. PTR looks good with it current and future P/E around 12, its 30% revenue growth. Unfortunatelyy earnings fell 30% because now gas prices are now government controlled in China.
PNGAY PING AN INS GROUP CO CHINA, is traded on PINK sheets market. I’m not interested.
PWRD Perfect World is a developer and operator of online games. Chinese teenagers must have less entertainment opportunities than Westner kids, so they play a lot on-line. Companies like PWRD, Netease and The9 make huge profits on such market. Perfect World had his IPO in October and shows excellent numbers
Sinopec Shanghai Petrochemical Co. Ltd. (SHI) looks amazingly cheap. Yea the company hardy made profits. But Price/Sales (ttm):0.35 makes it dirt cheap. Qtrly Revenue Growth (yoy):24.70%
SNDA Shanda is yet another Chinese company making money because Chinese love to play on-line. Ok numbers.
TCEPY is Pink sheets traded
TSGTY Tsingao brewery is a pink sheet company. I’m not interested.
TSL Trina Solar: is a great stock. Trina Solar has been able to grow at amazing pace: Qtrly Revenue Growth (yoy):161.60%, Qtrly Earnings Growth (yoy):242.20%. Considering its growth it is fairly priced: trailing P/E :34.08, Forward P/E (full year ending 31-Dec-09):12.25. I own 17 free TSL shares worth $900.
WX WuXi PharmaTech Inc. is a biotechnology company based in China. According to Yahoo finance, they should have Trailing P/E (ttm, intraday):53.07, Forward P/E (full year ending 31-Dec-09): 22.50. WX stock price halved since October’r hights. WX looks like a risky company that can give high and fast returns.
YZC: Yanzhou Coal Mining Company Limited (Yanzhou Coal) is a great Chinese company. Providing energy to Energy starved China is a nice lucrative job. That is why we see a growth pace quite uncommon for such utilities: quarterly Revenue Growth (yoy):47.00%, Qtrly Earnings Growth (yoy):112.70%. Forward P/E (fye 31-Dec-09):14.83 is also nice. The only fear to have is linked to the fact that Chinese goverment wants to keep energy prices under control to keep Chiana factories competitive.
ZHEXY, ZHEJIANG EXPRESSWY CO LTD uninteresting because Pink
ZNH China Southern Airlines. I don’t like this Airline. Too many debts and too expensive (P/E around 50)
JIXAY Jiangxi Copper Company Limited: not interested, it is on OTC market