--- title: "Heilongjiang Interchina Water TreatmentLtd Among 3 Global Penny Stocks To Watch" type: "News" locale: "en" url: "https://longbridge.com/en/news/288246545.md" description: "Simply Wall St highlights Heilongjiang Interchina Water Treatment, Tianjin Jintou State-owned Urban Development, and Shenzhen Hemei Group as global penny stocks to watch. Heilongjiang Interchina shows improved Q1 profitability and plans share repurchases. Tianjin Jintou faces sales declines but has no debt. Shenzhen Hemei Group turned profitable in 2025 despite lower Q1 sales. The article provides financial health ratings and analysis for these companies amidst broader market optimism." datetime: "2026-06-01T09:18:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288246545.md) - [en](https://longbridge.com/en/news/288246545.md) - [zh-HK](https://longbridge.com/zh-HK/news/288246545.md) --- # Heilongjiang Interchina Water TreatmentLtd Among 3 Global Penny Stocks To Watch Global markets have recently experienced a surge, buoyed by optimism surrounding a potential U.S.-Iran peace agreement and the continued momentum of artificial intelligence-related stocks. Amidst these developments, investors are increasingly exploring diverse investment opportunities, including penny stocks. Although the term "penny stocks" might seem outdated, it still signifies smaller or newer companies that offer potential growth at lower price points. When these stocks exhibit strong financial health and fundamentals, they can present unique opportunities for investors seeking to capitalize on emerging market trends. Let's explore several standout options from the results in the screener. ## Heilongjiang Interchina Water TreatmentLtd (SHSE:600187) **Simply Wall St Financial Health Rating:** ★★★★☆☆ **Overview:** Heilongjiang Interchina Water Treatment Co., Ltd operates in the water supply, drainage, and sewage treatment sectors in China, with a market cap of CN¥2.15 billion. **Operations:** Heilongjiang Interchina Water Treatment Co., Ltd has not reported any specific revenue segments. **Market Cap:** CN¥2.15B Heilongjiang Interchina Water Treatment Co., Ltd, with a market cap of CN¥2.15 billion, has shown resilience despite its challenges. The company reported first-quarter sales of CNY 50.47 million and a net income of CNY 17.51 million, marking an improvement from the previous year's loss. It has also reduced its debt to equity ratio significantly over five years while maintaining stable weekly volatility at 7%. The firm plans to repurchase up to CNY 25 million worth of shares for equity incentives pending shareholder approval on June 1, indicating confidence in its future trajectory despite being dropped from the S&P Global BMI Index recently. - Unlock comprehensive insights into our analysis of Heilongjiang Interchina Water TreatmentLtd stock in this financial health report. - Evaluate Heilongjiang Interchina Water TreatmentLtd's historical performance by accessing our past performance report. SHSE:600187 Financial Position Analysis as at Jun 2026 ## Tianjin Jintou State-owned Urban Development (SHSE:600322) **Simply Wall St Financial Health Rating:** ★★★★★★ **Overview:** Tianjin Jintou State-owned Urban Development Co., Ltd. (SHSE:600322) is involved in urban development projects and has a market capitalization of CN¥2.79 billion. **Operations:** No specific revenue segments have been reported for this company. **Market Cap:** CN¥2.79B Tianjin Jintou State-owned Urban Development, with a market cap of CN¥2.79 billion, has faced significant financial challenges recently. The company reported first-quarter sales of CNY 22 million, a stark decline from CNY 142.57 million the previous year, although it achieved a small net income compared to a large loss last year. Despite being unprofitable overall, it benefits from having no debt and sufficient cash runway for over three years due to positive free cash flow. Its management and board are considered experienced with average tenures of 2.4 and 3.5 years respectively, providing some stability amidst financial volatility. - Dive into the specifics of Tianjin Jintou State-owned Urban Development here with our thorough balance sheet health report. - Understand Tianjin Jintou State-owned Urban Development's track record by examining our performance history report. SHSE:600322 Debt to Equity History and Analysis as at Jun 2026 ## Shenzhen Hemei GroupLTD (SZSE:002356) **Simply Wall St Financial Health Rating:** ★★★★★☆ **Overview:** Shenzhen Hemei Group Co., LTD. operates in the sale of clothing and accessories both in China and internationally, with a market cap of CN¥3.91 billion. **Operations:** Shenzhen Hemei Group Co., LTD. has not reported specific revenue segments, but it is involved in the sale of clothing and accessories domestically and abroad. **Market Cap:** CN¥3.91B Shenzhen Hemei Group Co., LTD. has demonstrated a turnaround in profitability, reporting a net income of CN¥38.39 million for 2025, contrasting with the previous year's loss. Despite a drop in first-quarter sales to CN¥108.1 million from CN¥170.99 million, its financial structure remains robust with short-term assets significantly exceeding liabilities and more cash than total debt. The management team and board are experienced, averaging 3.4 years of tenure each, contributing to strategic stability. However, the company's low return on equity and high level of non-cash earnings warrant cautious consideration for potential investors in this sector. - Take a closer look at Shenzhen Hemei GroupLTD's potential here in our financial health report. - Examine Shenzhen Hemei GroupLTD's past performance report to understand how it has performed in prior years. SZSE:002356 Financial Position Analysis as at Jun 2026 ## Taking Advantage - Click through to start exploring the rest of the 3,502 Global Penny Stocks now. - Seeking Other Investments? These 26 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. _This article by Simply Wall St is general in nature. **We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.** It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._ ### **New:** Manage All Your Stock Portfolios in One Place We've created the **ultimate portfolio companion** for stock investors, **and it's free.** • Connect an unlimited number of Portfolios and see your total in one currency • Be alerted to new Warning Signs or Risks via email or mobile • Track the Fair Value of your stocks Try a Demo Portfolio for Free ### Related Stocks - [002356.CN](https://longbridge.com/en/quote/002356.CN.md) - [600322.CN](https://longbridge.com/en/quote/600322.CN.md) - [600187.CN](https://longbridge.com/en/quote/600187.CN.md) ## Related News & Research - [Manz forecasts growth alongside industry](https://longbridge.com/en/news/296251831.md) - [$1000 Invested In Taiwan Semiconductor 20 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/296121990.md) - [America’s money machine has changed the city forever](https://longbridge.com/en/news/295999863.md) - [GigaDevice Semiconductor schedules interim results briefing via SSE Roadshow Centre](https://longbridge.com/en/news/296245710.md) - [VeriSilicon reports 91% first-half revenue growth as AI orders reach 90%](https://longbridge.com/en/news/296183434.md)