Gongniu Group Co., Ltd. has 5 years of solid financial results and meets our expectations of a well-managed company. The price seems about right, but not enough of a discount to consider them a good value. They are worth $8.34* and last time we checked, they were selling for $6.93*.
*Note: These shares actually trade in $ and the conversion to $ is approximate. We value them at CNΒ₯59.78 and they were trading at CNΒ₯49.71.
β Could probably operate for more than a year without any new income.
β Comfortably covering its day-to-day costs and bills.
β Has a strong financial cushion for the long term.
β Less than a year's worth of inventory is being held.
β Paying out a healthy portion of expendable income to shareholders.
β Shareholders' earnings are coming from operations.
β Income after taxes and debts is stable and growing.
β Expendable income per shareholder is stable and growing.
β Income actually returned to each shareholder is stable and growing.
β Shareholders earn over 8% per year on their shares.