Is China Chengtong stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, China Chengtong pays dividends. Last time was Friday 19th of July 2024 where the investors holding the stock on Wednesday 3rd of July 2024 were paid HKD0.0034 per share. Over the last 5 times between 2011 and 2024, China Chengtong has paid HKD0.0287 with an average of HKD0.01 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for China Chengtong 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD0.245, you would have made a loss of HKD-0.158 per share or -64.49%
No, the average daily trading liquidity for China Chengtong is HKD699 580 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
China Chengtong 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. China Chengtong has a good net profit margin of 9.19% and should have high tolerances against inflation.
We have calculated the inflation risk for China Chengtong to be medium [0.7 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.