Should You Be Holding Anhui Conch Cement Company Limited (HKG:914)?
Attractive stocks have exceptional fundamentals. In the case of Anhui Conch Cement Company Limited (HKG:914), there’s is a financially-robust , dividend-paying company with a a strong history of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Anhui Conch Cement here.
Flawless balance sheet with solid track record and pays a dividend
In the previous year, 914 has ramped up its bottom line by 86%, with its latest earnings level surpassing its average level over the last five years. This strong performance generated a robust double-digit return on equity of 23%, which paints a buoyant picture for the company. 914 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. 914 appears to have made good use of debt, producing operating cash levels of 2.33x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, 914 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 3.2%.
Next Steps:
For Anhui Conch Cement, there are three essential factors you should look at:
Future Outlook: What are well-informed industry analysts predicting for 914’s future growth? Take a look at our free research report of analyst consensus for 914’s outlook.
Valuation: What is 914 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 914 is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 914? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
