Is Concord New Energy Group stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Concord New Energy Group pays dividends. Last time was Wednesday 3rd of July 2024 where the investors holding the stock on Wednesday 12th of June 2024 were paid HKD0.035 per share. Over the last 11 times between 2012 and 2024, Concord New Energy Group has paid HKD0.225 with an average of HKD0.02 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Concord New Energy Group 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD0.380, you would have made a profit of HKD0.140 per share or 36.84%
Yes, the average daily trading liquidity for Concord New Energy Group is HKD10.93 million. You should therefore be able to get in and out of your positions relatively fast.
Concord New Energy Group has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.04, the company's ability to pay off the debt is limited. Concord New Energy Group has a very good net profit margin of 33.31% and should have very high tolerances against inflation.
We have calculated the inflation risk for Concord New Energy Group to be medium [0.6 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.