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IRICO Group New Energy is listed at the HKSE Exchange
IRICO Group New Energy [0438.HK]
HKSE Sector: Technology Industry:Solar

Is IRICO Group New Energy stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, IRICO Group New Energy pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 19th of May 2005 were paid HKD0.03 per share. Over the last 1 times between 2005 and 2005, IRICO Group New Energy has paid HKD0.03 with an average of HKD0.03 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for IRICO Group New Energy 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD11.20, you would have made a loss of HKD-8.62 per share or -76.96%

No, the average daily trading liquidity for IRICO Group New Energy is HKD17 995 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.

IRICO Group New Energy 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 0.05, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for IRICO Group New Energy to be high [0.9 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.