Should AAC Technologies Holdings Inc. (HKG:2018) Be Your Next Stock Pick?

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AAC Technologies Holdings Inc. (HKG:2018) 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 2018, it is a notable dividend-paying company that has been able to sustain great financial health over the past. Below, I've touched on some key aspects you should know on a high level. If you're interested in understanding beyond my broad commentary, take a look at the report on AAC Technologies Holdings here.

Excellent balance sheet average dividend payer

2018's ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that 2018 manages its cash and cost levels well, which is a crucial insight into the health of the company. 2018's has produced operating cash levels of 1.15x total debt over the past year, which implies that 2018's management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

SEHK:2018 Historical Debt, May 6th 2019
SEHK:2018 Historical Debt, May 6th 2019

2018 is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.

SEHK:2018 Historical Dividend Yield, May 6th 2019
SEHK:2018 Historical Dividend Yield, May 6th 2019

Next Steps:

For AAC Technologies Holdings, I've compiled three relevant aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for 2018’s future growth? Take a look at our free research report of analyst consensus for 2018’s outlook.

  2. Historical Performance: What has 2018'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.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 2018? 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.