These Factors Make China Huarong Asset Management Co Ltd (HKG:2799) A Great Investment

Attractive stocks have exceptional fundamentals. In the case of China Huarong Asset Management Co Ltd (HKG:2799), there’s is a notable dividend-paying company that has been a rockstar for income investors, currently trading at an attractive share price. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, read the full report on China Huarong Asset Management here.

Very undervalued average dividend payer

2799’s shares are now trading at a price below its true value based on its discounted cash flows, indicating a relatively pessimistic market sentiment. This mispricing gives investors the opportunity to buy into the stock at a cheap price compared to the value they will be receiving, should analysts’ consensus forecast growth be correct. Compared to the rest of the capital markets industry, 2799 is also trading below its peers, relative to earnings generated. This further reaffirms that 2799 is potentially undervalued.

SEHK:2799 PE PEG Gauge September 12th 18

2799’s high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.

SEHK:2799 Historical Dividend Yield September 12th 18

Next Steps:

For China Huarong Asset Management, there are three pertinent factors you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for 2799’s future growth? Take a look at our free research report of analyst consensus for 2799’s outlook.

2. Historical Performance: What has 2799’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 2799? 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 past 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. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.