Dongfeng Motor Group Company Limited (HKG:489) 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 489, it is a well-regarded 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. For those interested in digging a bit deeper into my commentary, read the full report on Dongfeng Motor Group here.

Adequate balance sheet average dividend payer

489 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that 489 manages its cash and cost levels well, which is a key determinant of the company’s health. 489’s debt-to-equity ratio stands at 24%, which means its debt level is acceptable. This implies that 489 has a healthy balance between taking advantage of low cost debt funding as well as sufficient financial flexibility without succumbing to the strict terms of debt.

For those seeking income streams from their portfolio, 489 is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 5.0%.

Next Steps:

For Dongfeng Motor Group, I've compiled three fundamental aspects you should look at:

1. Future Outlook: What are well-informed industry analysts predicting for 489’s future growth? Take a look at our free research report of analyst consensus for 489’s outlook.

2. Historical Performance: What has 489'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 489? 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.