Added to YB: 2024-10-09
Pitch date: 2024-10-07
0640.HK [bullish]
Infinity Development Holdings Company Limited
+83.5%
current return
Author Info
Company Info
Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and other adhesive related products mainly used by footwear manufacturers.
Market Cap
HKD 659.1M
Pitch Price
HKD 1.31
Price Target
N/A
Dividend
9.23%
EV/EBITDA
2.38
P/E
5.68
EV/Sales
0.45
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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