"Small is Beautiful" stocks exposed, 21 stocks on the list

According to Data Treasure statistics, there are a total of 21 stocks that meet the following criteria: they are not ST stocks, have a market value below 2 billion yuan, have a debt-to-asset ratio of less than 40% at the end of the first quarter, and have positive net profits in both 2024 and the first quarter of this year. Among them, Qilu Huaxin and Hengyu Environmental Protection have market values below 1.5 billion yuan each. Qilu Huaxin is a high-tech enterprise specializing in the manufacturing of petroleum chemical catalytic new materials, environmental catalytic new materials, and coal chemical catalytic new materials. Hengyu Environmental Protection is China's first national high-tech enterprise specializing in the research and development of waste tire, waste plastic pyrolysis oilization, oil distillation, and carbon black deep processing technology and equipment manufacturing. From the perspective of debt-to-asset ratio, Seleno Biotechnology and Bowen Technology are the lowest, both below 10%. Seleno Biotechnology is a biopharmaceutical high-tech enterprise specializing in the production of antitoxins and anti-serums, with main products including tetanus immune globulin, anti-snake venom serum series, and anti-rabies serum. Bowen Technology's main business includes mushroom business, ham business, and coffee business. Sufficient cash on hand can help companies acquire assets. As of the end of the first quarter of this year, Seleno Biotechnology, Hong Kong Medical, Caidie Industrial, and Construction and Design had a total cash and tradable financial assets exceeding 700 million yuan. Hong Kong Medical is a modern medical equipment research and manufacturing company and a provider of comprehensive medical professional systems solutions, dedicated to solving medical gas supply and medical infection issues. In terms of performance in the first quarter of this year, Construction and Design's net profit surged nearly 28 times year-on-year, ranking first. The company is mainly engaged in architectural design, consulting, research and development, and related businesses, with the actual controlling shareholder being the State-owned Assets Supervision and Administration Commission of Anhui Province People's Government.