Is China Dredging 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 Dredging pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Tuesday 18th of September 2012 were paid HKD0.02 per share. Over the last 1 times between 2012 and 2012, China Dredging has paid HKD0.02 with an average of HKD0.02 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for China Dredging 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD0.0950, you would have made a profit of HKD0.0600 per share or 63.16%
No, the average daily trading liquidity for China Dredging is HKD1.01 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.
China Dredging 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 normal cash flow to debt ratio of 0.15, the company's ability to pay off the debt is normal. 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 Dredging to be high [0.7 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.