Algo version: 0.98b
Tongda Group Holdings is listed at the HKSE Exchange
Tongda Group Holdings [0698.HK]
HKSE Sector: Technology Industry:Electronic Components

Is Tongda Group Holdings stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Tongda Group Holdings pays dividends. Last time was Friday 12th of June 2020 where the investors holding the stock on Thursday 28th of May 2020 were paid HKD0.0005 per share. Over the last 35 times between 2003 and 2020, Tongda Group Holdings has paid HKD0.35135 with an average of HKD0.01 per share.

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

We cannot find data for Tongda Group Holdings 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD0.610, you would have made a loss of HKD-0.537 per share or -88.03%

No, the average daily trading liquidity for Tongda Group Holdings is HKD11.14 million. 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.

Tongda Group Holdings has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.01, 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 Tongda Group Holdings to be high [0.75 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.