Is CK Hutchison a good quality company to buy stocks and invest in?

Forecasts show a bright future for CK Hutchison.

The profits have been predicted to grow at least 11% for a couple of years.

The good news is that shares are also near the industry's trading prices.

However, there are some warnings on CK Hutchison that might be worth considering:

• High debt level
• Unsteady dividend payment record

CK Hutchison Holdings (CKHUY) does not seem like a good company to invest in the stock market.

Sales growth has tumbled 10.91%. Cost of Goods Sold (COGS) growth fell 5.61%, and gross income growth dropped 27%.

Now, this was during the pandemic year, but its performance in most of the key income statement metrics were not very good.

Moreover, its fundamentals do not seem solid as its bad debts have been in the red since its inception, although CK Hutchison's cash and short-term investments have grown over the last two years.

That said, market analysts seem bullish on the stock, with eight analysts giving it a current "Buy" rating.