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Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Lee and Man Paper Manufacturing Limited (HKG:2314) due to its excellent fundamentals in more than one area. 2314 is a financially-healthy , dividend-paying company with a a great track record of performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Lee and Man Paper Manufacturing here.

Excellent balance sheet with proven track record and pays a dividend

Over the past few years, 2314 has demonstrated a proven ability to generate robust returns of 21% Not surprisingly, 2314 outperformed its industry which returned 8.0%, giving us more conviction of the company's capacity to drive bottom-line growth going forward. 2314's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. 2314 appears to have made good use of debt, producing operating cash levels of 0.28x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.

For those seeking income streams from their portfolio, 2314 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 5.3%.

Next Steps:

For Lee and Man Paper Manufacturing, I've put together three important factors you should look at:

1. Future Outlook: What are well-informed industry analysts predicting for 2314’s future growth? Take a look at our free research report of analyst consensus for 2314’s outlook.

2. Valuation: What is 2314 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 2314 is currently mispriced by the market.

3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 2314? 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.