Attractive stocks have exceptional fundamentals. In the case of Henderson Land Development Company Limited (HKG:12), there’s is a financially-sound , dividend-paying company with a a great history of performance. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Henderson Land Development here.
Proven track record with adequate balance sheet and pays a dividend
12’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This suggests prudent control over cash and cost by management, which is a crucial insight into the health of the company. 12’s debt-to-equity ratio stands at 29%, which means its debt level is reasonable. This indicates a good balance between taking advantage of low cost funding through debt financing, but having enough financial flexibility and headroom to grow debt in the future.
Income investors would also be happy to know that 12 is a great dividend company, with a current yield standing at 4.0%. 12 has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Henderson Land Development, I’ve compiled three relevant factors you should further examine:
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Future Outlook: What are well-informed industry analysts predicting for 12’s future growth? Take a look at our free research report of analyst consensus for 12’s outlook.
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Valuation: What is 12 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 12 is currently mispriced by the market.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 12? 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.