South Manganese Investment went into this earnings day priced like a problem stock, with the share price at HK$0.38 and down sharply over the last three months, yet the latest half year numbers tell a different story. H1 2026 brought basic earnings per share of HK$0.0727 and net income of HK$359.1 million, indicating that the move back into profit over the past year is holding. The stock still trades on a low P/E and carries meaningful debt, so the key question now is whether this profitability run can start to close that gap.

Like the turnaround in South Manganese Investment’s earnings but concerned about the debt load and low P/E signal? Check out the list of solid balance sheet and fundamentals stocks (426 results) to see how it…