Is Chong Hing Bank Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Chong Hing Bank Ltd pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 3rd of September 2021 were paid HKD0.11 per share. Over the last 55 times between 1995 and 2021, Chong Hing Bank Ltd has paid HKD18.0895 with an average of HKD0.33 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Chong Hing Bank Ltd 10 years ago, but if you had invested on Friday 4th of February 2022 when the price was HKD20.90, you would have made a loss of HKD-20.64 per share or -98.76%
No, the average daily trading liquidity for Chong Hing Bank Ltd is HKD311 548 thousand. 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.
Chong Hing Bank Ltd 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 0.19, the company's ability to pay off the debt is normal. Chong Hing Bank Ltd has a very good net profit margin of 27.24% and should have very high tolerances against inflation.
We have calculated the inflation risk for Chong Hing Bank Ltd 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.