I've been keeping an eye on Haier Electronics Group Co., Ltd. (HKG:1169) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe 1169 has a lot to offer. Basically, it is a company with great financial health as well as a an impressive history of performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Haier Electronics Group here.
Flawless balance sheet with proven track record
Over the past year, 1169 has grown its earnings by 14%, with its most recent figure exceeding its annual average over the past five years. Not only did 1169 outperformed its past performance, its growth also surpassed the Consumer Durables industry expansion, which generated a -9.5% earnings growth. This is what investors like to see! 1169 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that 1169 has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. 1169's has produced operating cash levels of 45.97x total debt over the past year, which implies that 1169's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For Haier Electronics Group, there are three important aspects you should look at:
- Future Outlook: What are well-informed industry analysts predicting for 1169’s future growth? Take a look at our free research report of analyst consensus for 1169’s outlook.
- Valuation: What is 1169 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 1169 is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1169? 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 firstname.lastname@example.org. 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.