Why Hengan International Group Company Limited (HKG:1044) Could Have A Place In Your Portfolio
Hengan International Group Company Limited (HKG:1044) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of 1044, it is a financially-healthy , dividend-paying company with a an impressive track record of performance. In the following section, I expand a bit more on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Hengan International Group here.
Excellent balance sheet established dividend payer
1044 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that 1044 has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. 1044 appears to have made good use of debt, producing operating cash levels of 0.21x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Income investors would also be happy to know that 1044 is a great dividend company, with a current yield standing at 4.2%. 1044 has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Hengan International Group, I’ve put together three key aspects you should further examine:
Future Outlook: What are well-informed industry analysts predicting for 1044’s future growth? Take a look at our free research report of analyst consensus for 1044’s outlook.
Valuation: What is 1044 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 1044 is currently mispriced by the market.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1044? 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.
