U.S. Markets open in 9 hrs 3 mins

A Holistic Look At China Development Bank Financial Leasing Co., Ltd. (HKG:1606)

Simply Wall St

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on China Development Bank Financial Leasing Co., Ltd. (HKG:1606) due to its excellent fundamentals in more than one area. 1606 is a company with a a strong history of dividend payments as well as an optimistic growth outlook. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on China Development Bank Financial Leasing here.

Reasonable growth potential average dividend payer


SEHK:1606 Past and Future Earnings, May 22nd 2019

1606 is considered one of the top dividend payers in the market, and its profitability ensures that dividends are well-covered by its net income.

SEHK:1606 Historical Dividend Yield, May 22nd 2019

Next Steps:

For China Development Bank Financial Leasing, I've put together three fundamental factors you should further research:

  1. Historical Performance: What has 1606's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
  2. Valuation: What is 1606 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 1606 is currently mispriced by the market.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1606? 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 editorial-team@simplywallst.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.