Algo version: 0.98b
Chongqing Iron & Steel is listed at the HKSE Exchange
Chongqing Iron & Steel [1053.HK]
HKSE Sector: Basic Materials Industry:Steel

Is Chongqing Iron & Steel stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Chongqing Iron & Steel pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Wednesday 17th of June 2009 were paid HKD0.1 per share. Over the last 11 times between 2001 and 2009, Chongqing Iron & Steel has paid HKD0.972322 with an average of HKD0.09 per share.

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

We cannot find data for Chongqing Iron & Steel 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD1.000, you would have made a loss of HKD-0.420 per share or -42.00%

Yes, the average daily trading liquidity for Chongqing Iron & Steel is HKD1.94 million. You should therefore be able to get in and out of your positions relatively fast.

Chongqing Iron & Steel 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 0.20, 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 Chongqing Iron & Steel to be medium [0.6 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.