Is China Evergrande New 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 Evergrande New pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Thursday 4th of December 2014 were paid HKD0.0013 per share. Over the last 13 times between 2008 and 2014, China Evergrande New has paid HKD0.1013 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 Evergrande New 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD8.00, you would have made a loss of HKD-7.75 per share or -96.81%
Yes, the average daily trading liquidity for China Evergrande New is HKD19.59 million. You should therefore be able to get in and out of your positions relatively fast.
China Evergrande New 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 0.08, 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 China Evergrande New to be high [1 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.