In This Article:
I've been keeping an eye on Hotung Investment Holdings Limited (SGX:BLS) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe BLS has a lot to offer. Basically, it is a notable dividend payer 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 Hotung Investment Holdings here.
Flawless balance sheet average dividend payer
BLS is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This suggests prudent control over cash and cost by management, which is a key determinant of the company’s health. BLS currently has no debt on its balance sheet. It has only utilized funding from its equity capital to run the business, which is typically normal for a small-cap company. Investors’ risk associated with debt is virtually non-existent and the company has plenty of headroom to grow debt in the future, should the need arise.
Income investors would also be happy to know that BLS is one of the highest dividend payers in the market, with current dividend yield standing at 8.2%. BLS has also been regularly increasing its dividend payments to shareholders over the past decade.
Next Steps:
For Hotung Investment Holdings, there are three fundamental factors you should look at:
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Future Outlook: What are well-informed industry analysts predicting for BLS’s future growth? Take a look at our free research report of analyst consensus for BLS’s outlook.
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Historical Performance: What has BLS'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 BLS? 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.