Is China Cinda Asset 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 Cinda Asset pays dividends. Last time was Friday 16th of August 2024 where the investors holding the stock on Friday 28th of June 2024 were paid HKD0.05016 per share. Over the last 10 times between 2015 and 2024, China Cinda Asset has paid HKD1.13188 with an average of HKD0.11 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for China Cinda Asset 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD1.640, you would have made a loss of HKD-1.020 per share or -62.20%
Yes, the average daily trading liquidity for China Cinda Asset is HKD40.89 million. You should therefore be able to get in and out of your positions relatively fast.
China Cinda Asset 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 0.02, the company's ability to pay off the debt is limited. China Cinda Asset has a good net profit margin of 16.81% and should have high tolerances against inflation.
We have calculated the inflation risk for China Cinda Asset to be medium [0.7 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.