In This Article:
Vedan International (Holdings) Limited (HKG:2317) 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 2317, it is a well-regarded dividend payer that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Vedan International (Holdings) here.
Excellent balance sheet average dividend payer
2317 is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that 2317 has sufficient cash flows and proper cash management in place, which is a crucial insight into the health of the company. 2317’s has produced operating cash levels of 0.37x total debt over the past year, which implies that 2317’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that 2317 is one of the highest dividend payers in the market, with current dividend yield standing at 7.45%. 2317 has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Vedan International (Holdings), I’ve put together three relevant aspects you should further research:
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Future Outlook: What are well-informed industry analysts predicting for 2317’s future growth? Take a look at our free research report of analyst consensus for 2317’s outlook.
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Historical Performance: What has 2317’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.
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Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of 2317? 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 pass 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.