Shanghai Electric Group stock closed at HK$2.97 after a weak few months, with the share price down over the past week, month and quarter, even as the latest numbers landed. The emotional story is gloom, yet the earnings headline is quiet profit rebuild. Second quarter net income from ongoing operations reached C¥589.6m with basic earnings per share at C¥0.037. Trailing 12 month earnings also show a higher net profit margin at 1%. The key question for investors is whether the market is reacting to old disappointment while the income statement presents a steadier picture.

Love the quiet profit rebuild at Shanghai Electric Group but concerned the margin is still thin and the share price has been weak? Check out our list of solid balance…