It's More than Just Baidu: 51 Other Ways to Invest in China

If you missed out on investing Baidu (BIDU), which traded below $70 per share a couple years ago and is now over $360, there are plenty of other Chinese companies that are worth looking at for investments. Baidu is China's answer to Google (GOOG), and has far outperformed Google.

Here is some interesting trivia about China:

It is the largest country in the world by population, with about one fifth of the world's population residing there.

It has the second largest GDP by purchasing power parity.

It has the fourth largest economy in the world by GDP.

The poverty rate went from 53% in 1981 to 8% in 2001.

It is the second largest exporter in the world.

It is the world's second largest importer of petroleum.

It is is the third largest importer in the world.

It is largest consumer of steel in the world.

It is largest consumer of concrete in the world.

The Shanghai Stock Exchange index rose 130 percent in 2006.

Approximately 91% of the population is literate.

When the Industrial and Commercial Bank of China, China's largest bank, went public in October 2006, it was the largest IPO in history at the time.

All of the following Chinese stocks trade on either the New York Stock Exchange or NASDAQ:

3SBio Inc (SSRX) is a biotechnology company in the areas of nephrology, oncology, cancer, inflammation, and infectious diseases. The stock has a P/E of 42.66, and a PEG of 0.63.

51Job, Inc. (JOBS) is a provider of human resource services to job hunters, and employers. The stock has a P/E of 42, and a PEG of 1.46.

Acorn International (ATV) is involved with direct sales and distribution in television. The stock has a P/E of 34.02, and a PEG of 0.63.

Actions Semiconductor (ACTS) is a a fabless semiconductor company. The stock has a P/E of 6.83, and a PEG of 0.35.

Aluminum Corp. of China (ACH) produces, and markets alumina and aluminum. The stock has a P/E of 5.86, and a PEG of 1.99.

Baidu.Com, Inc. (BIDU) is an Internet search engine. The stock has a P/E of 217.43, and a PEG of 2.85.

China Eastern Airlnes (CEA) is an airline that provides passenger, and cargo services. The stock has a forward P/E of 32.

China Finance Online (JRJC) markets online financial services and information. The stock has a P/E of 567.33.

China Grentech (GRRF) makes, and markets wireless products and services. The stock has a P/E of 0.64, and a PEG of 0.86.

China Life Insurance (LFC) is a provider of life insurance, and annuity products. The stock has a P/E of 15.26, and a PEG of 9.28.

China Medical Tech (CMED) makes, and sells medical devices for the treatment of cancer and tumors. The stock has a P/E of 31.8, and a PEG of 0.69.

China Mobile Limited (CHL) is in the business of mobile telecommunications services. The stock has a P/E of 42.5, and a PEG of 1.46.

China Petro & Chemical (SNP) is an integrated oil and gas company which is also in the chemicals business. The stock has a P/E of 1,442.19, and a PEG of 0.93.

China Southern Airlines Ltd (ZNH) is an airline that serves China, Hong Kong, and Macau. The stock has a P/E of 36.49.

China Sunergy Co. (CSUN) designs, makes, and sells solar cells. The stock is generating negative earnings.

China Techfaith Wire (CNTF) designs mobile handsets, and telecom software. The stock has a forward P/E of 28.

China Telecom Cp Ltd (CHA) is a provider of landline telecommunication, and broadband services. The stock has a P/E of 20 ,and a PEG of 5.74.

China Unicom Ltd (CHU) is a telecommunications services provider. The stock has a P/E of 74.81, and a PEG of 1.41.

Ctrip.Com Intl. Ltd (CTRP) is a provider of travel services including hotel, airline, and tour services. The stock has a P/E of 99.93, and a PEG of 2.12.

E-House Holdings (EJ) is in the business of providing real estate agency services, real estate brokerage services, and real estate consulting services. The stock has a P/E of 86.17, and a PEG of 1.01.

Elong, Inc. (LONG) is an online travel service. The stock has a forward P/E of 55.

Focus Media Holding (FMCN) is an audiovisual television display advertising network. The stock has a P/E of 62.61, and a PEG of 1.19.

Guangshen Railway (GSH) is a passenger and freight railroad between Guangzhou, and Shenzhen. The stock has a P/E of 32.42.

Home Inns & Hotels Management (HMIN) builds, operates and manages economy hotel chains in China. The stock has a P/E of 241.72, and a PEG of 3.23.

Huaneng Power Intl. (HNP) builds, operates, and manages thermal power plants. The stock has a P/E of 16.31, and a PEG of 3.48.

Hurray! Holding Co. (HRAY) is an online distributor of music and related products, such as ring tones. The stock has a P/E of 22.26, and a PEG of 4.03.

Ja Solar Holdings (JASO) makes, and markets solar cells. The stock has a P/E of 72.66, and a PEG of 1.25.

Kongzhong Corp (KONG) is in the business of wireless interactive entertainment, and media services to mobile phone users. The stock has a P/E of 21.58, and a PEG of 4.59.

LDK Solar Co Adr (LDK) makes, and markets multicrystalline solar wafers for solar cells. The stock has a forward P/E of 22, and a PEG of 0.37.

Linktone Ltd. (LTON) is a provider of telecom media, entertainment, and communication services for phones. The stock has a forward P/E of 175.

Mindray Medical Intl (MR) makes, and sells medical devices. The stock has a P/E of 68.03, and a PEG of 1.56.

Netease.Com (NTES) is a provider of an interactive online, and wireless community. The stock has a P/E of 16.79, and a PEG of 1.02.

New Oriental Education (EDU) is a provider of private educational services. The stock has a P/E of 99.43, and a PEG of 2.03.

Ninetowns Internet Technology (NINE) is a provider of enterprise solutions for import/export. The stock has a P/E of 82.5.

O2Micro Intl Ltd (OIIM) designs, makes, and sells semiconductors for power management and security applications. The stock has a P/E of 80.19, and a PEG of 0.85.

Perfect World Co., Ltd. (PWRD) makes three-dimensional online games. The stock has a P/E of 539.81, and a PEG of 1.02.

Petrochina Co. (PTR) explores for, and produces petroleum and natural gas. The stock has a P/E of 23.77, and a PEG of 1.59.

Semiconductor Mfg. (SMI) is in the business of providing integrated circuit manufacturing services. The stock has a forward P/E 31.

Shanda Interactive (SNDA) makes, and operates online games. The stock has a P/E of 17.4, and a PEG of 0.66.

Simcere Pharma (SCR) makes, and distributes generic pharmaceuticals. The stock has a P/E of 26.98.

Sinopec Shanghai (SHI) is an oil processing company which makes synthetic fibers, resins, plastics, and petroleum products. The stock has a P/E of 17.17.

Solarfun Power Holdings (SOLF) makes, and distributes photovoltaic cells and modules. The stock has a forward P/E of 3.23, and a PEG of 2.32.

Spreadtrum Communications (SPRD) makes, and sells wireless baseband processor solutions. The stock has a P/E of 33.66, and a PEG of 1.21.

Suntech Power Hldgs (STP) makes, and sells photovoltaic cells and modules. The stock has a P/E of 78.31, and a PEG of 1.3.

The9 Limited (NCTY) creates, and operates online games, and web-related businesses. The stock has a P/E of 18.88, and a PEG of 1.08.

Tongjitang Chinese Medicines (TCM) makes, and sells modernized traditional Chinese medicines. The stock has a P/E of 16.29, and a PEG of 0.76.

Trina Solar Ltd (TSL) makes, and markets solar-power products. The stock has a P/E of 56.12, and a PEG of 0.97.

Vimicro Intl. Corp. (VIMC) makes, and sells mixed-signal semiconductor products. The stock has a P/E of 416.67.

Wuxi Pharmatech (WX) is involved in pharmaceutical, and biotechnology research. The stock has a P/E of 138.52, and a PEG of 1.88.

Xinhua Finance Media (XFML) is a financial, and entertainment media company. The stock has a forward P/E of 9.9, and a PEG of 0.41.

Yazhou Coal Mining Co (YZC) mines, and processes coal. The stock has a P/E of 55.36, and a PEG of 8.1.

Yingli Green Engy (YGE) makes, and markets photovoltaic products. The stock has a forward P/E of 7.06, and a PEG of 1.76.

A list of the China stocks in an Excel spreadsheet, which can be downloaded, sorted, and changed, is available at WallStreetNewsNetwork.com. It also has stocks from other companies around the world.

Disclosure: The author owns CEA and ZNH.

Comments

[rlirph]

Since the purpose here is to disseminate different investment ideas I must point out that some of the data is incorrect.

ACH has gone up 3.5 times this year. PE is nowhere around 5-6.
LFC has almost doubled this year. The correct PE is somewhere north of 65.
ZNH had been losing money annually until 12/06. Hang Seng Bank, subsidiary of Hong Kong Shanghai Bank listed the PE ratio of 246.

It seems that data from ACH and LFC came out of Yahoo Finance.
I do not know why they listed ACH with such a low PE. I know that
Yahoo did not update the fact that LFC had splitted 2.67:1 last December even though their stock price chart is correct.

SNP with a PE of 1400+ is a suspect too. It is just an oil company although a small one by China's standard.

[keithrasm]

More interesting trivia (which ain't so trivial): China’s population has been growing by some 10 million people annually, and now comprises 22 percent of the world total. Yet the country is home to only 7 percent of all arable land, creating a rising food security concern, according to Xinhua News Agency.

[Harry]

Trivia: China just became the third largest economic entity in the world, replacing Germany last week.

www.spiegel.de/interna...

[Silver-Bullet]

Response to keithrasm's post:
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More interesting trivia (which ain't so trivial): China’s population has been growing by some 10 million people annually, and now comprises 22 percent of the world total. Yet the country is home to only 7 percent of all arable land, creating a rising food security concern, according to Xinhua News Agency.
----------------------...

I think you may have hit on the holy grail on participating in China's growth. There's going to be a lot of mouths to feed.

Any good agricultural stocks in or involved in China? I am also considering bulk shippers and food distributors but have no specific companies in mind.