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High Growth Tech Stocks in Asia Hancom and Two Others

As Asian markets experience a surge in bullish sentiment, particularly driven by advancements in artificial intelligence and domestic liquidity, investors are keenly observing the impact of these trends on high-growth technology stocks. In such an environment, identifying stocks with robust innovation potential and strong market positioning becomes crucial for those looking to capitalize on emerging opportunities within the tech sector.



Name

Revenue Growth

Earnings Growth

Growth Rating

Accton Technology

22.79%

22.79%

★★★★★★

Giant Network Group

31.77%

34.18%

★★★★★★

Fositek

33.89%

44.39%

★★★★★★

Eoptolink Technology

37.70%

35.42%

★★★★★★

Zhongji Innolight

28.75%

30.67%

★★★★★★

Gold Circuit Electronics

26.64%

35.16%

★★★★★★

Shengyi Electronics

23.36%

30.38%

★★★★★★

eWeLLLtd

25.02%

24.93%

★★★★★★

ALTEOGEN

56.27%

65.14%

★★★★★★

CARsgen Therapeutics Holdings

100.40%

118.16%

★★★★★★

Click here to see the full list of 189 stocks from our Asian High Growth Tech and AI Stocks screener.

Let’s uncover some gems from our specialized screener.


Simply Wall St Growth Rating: ★★★★☆☆

Overview: Hancom Inc. is a company that specializes in developing and selling office software products and solutions both in South Korea and internationally, with a market capitalization of approximately ₩635.33 billion.

Operations: The primary revenue stream for Hancom Inc. comes from its Non-Financial – SW Division, generating ₩185.71 billion. The company also earns from the Non-Financial – Manufacturing Sector and Non-Financial – Other Sectors, contributing ₩90.53 billion and ₩29.82 billion respectively.


Hancom, a player in the Asian tech landscape, showcases a mixed financial tableau with an annual revenue growth rate of 15.6%, slightly below the high-growth benchmark of 20%. Despite this, its earnings are on a robust upward trajectory with an impressive forecast growth of 45.2% per year, outpacing the Korean market’s average. The company has also been proactive in channeling funds into innovation; its R&D expenses have been significant, reflecting its commitment to staying competitive in software development. This strategic focus on R&D could be pivotal as Hancom continues to navigate through the challenges posed by one-off losses totaling ₩4.7 billion last year and an overall negative earnings growth recently. With such dynamics at play, Hancom’s future prospects hinge on enhancing operational efficiencies and capitalizing on its strong earnings growth forecast.

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