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Attractive stocks have exceptional fundamentals. In the case of China Resources Cement Holdings Limited (HKG:1313), there's is a financially-sound , dividend-paying company with a great history of performance. In the following section, I expand a bit more on these key aspects. For those interested in digging a bit deeper into my commentary, read the full report on China Resources Cement Holdings here.
Flawless balance sheet with proven track record and pays a dividend
1313 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. 1313 appears to have made good use of debt, producing operating cash levels of 0.98x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
1313's high dividend payments make it one of the best dividend stocks on the market, and it has also been able to maintain it at a level in which net income is able to cover dividend payments.
For China Resources Cement Holdings, there are three fundamental factors you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for 1313’s future growth? Take a look at our free research report of analyst consensus for 1313’s outlook.
- Valuation: What is 1313 worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether 1313 is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1313? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at email@example.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.