Added to YB: 2024-10-09
Pitch date: 2024-10-07
0640.HK [bullish]
Infinity Development Holdings Company Limited
+1.28%
current return
Author Info
Company Info
Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and vulcanized shoes adhesive related products used by the footwear manufacturers in the People’s Republic of China, Vietnam, Indonesia, and Bangladesh.
Market Cap
HKD 439.4M
Pitch Price
HKD 0.78
Price Target
N/A
Dividend
7.31%
Sector
Chemicals
Category
dividend
640:HK A Bargain Hidden Gem in Hong Kong
0640.HK: Footwear adhesive maker since 1990, consistent profits & dividends. 30+ yr relationship w/ Yue Yuen. Diverse product line, custom solutions. Revenue shift: 15% China, 61% Vietnam. EV/EBIT <2. Risks: Pou Chen owns 15.5% of competitor, aging CEO (70) holds 74.79%. 10.3% dividend yield. Defensive biz, limited downside.
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