Xingda International Holdings Limited (HKG:1899) Has Attractive Fundamentals
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Xingda International Holdings Limited (HKG:1899) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of 1899, it is a notable dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on Xingda International Holdings here.
Excellent balance sheet average dividend payer
1899 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that 1899 manages its cash and cost levels well, which is a crucial insight into the health of the company. 1899's has produced operating cash levels of 0.66x total debt over the past year, which implies that 1899's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
1899’s reputation for being one of the best dividend payers in the market is supported by the fact that it has been steadily growing its dividend payments over the past ten years and currently is one of the top yielding companies on the markets, at 7.1%.
Next Steps:
For Xingda International Holdings, I've compiled three important factors you should further examine:
Future Outlook: What are well-informed industry analysts predicting for 1899’s future growth? Take a look at our free research report of analyst consensus for 1899’s outlook.
Historical Performance: What has 1899'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.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 1899? 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.
