Hong Kong Market – CHINA AIRCRAFT LEASING GROUP Holdings LTD (Stock code: 1848)

China Aircraft Leading Group Holdings Ltd. engages in the provision of leasing services to airline companies.

It covers new aircraft purchase, structured financing, lease negotiation and lease asset management. Margins returned by CALC are among the highest on the stock exchange list. Its core activity clears big profits. CALC’s low valuation, with P/E ratio at 7.28 and 6.45 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples. This company will be of major interest to investors in search of a high dividend stock. The company is in a burdensome financial situation with significant debt with Debt/EBITDA at 8.273x.