Is Asia Cement (China) stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Asia Cement (China) pays dividends. Last time was Friday 19th of July 2024 where the investors holding the stock on Friday 5th of July 2024 were paid HKD0.045 per share. Over the last 17 times between 2009 and 2024, Asia Cement (China) has paid HKD4.3432 with an average of HKD0.26 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Asia Cement (China) 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD9.79, you would have made a loss of HKD-7.64 per share or -78.04%
Yes, the average daily trading liquidity for Asia Cement (China) is HKD3.07 million. You should therefore be able to get in and out of your positions relatively fast.
Asia Cement (China) has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 0.74, the company's ability to pay off the debt is good. 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 Asia Cement (China) to be low [0.3 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.