Algo version: 0.98b
Tongda Hong Tai Holdings is listed at the HKSE Exchange
Tongda Hong Tai Holdings [2363.HK]
HKSE Sector: Technology Industry:Hardware Equipment Parts

Is Tongda Hong Tai Holdings stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

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

We cannot find data for Tongda Hong Tai Holdings 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was HKD5.01, you would have made a loss of HKD-4.67 per share or -93.21%

No, the average daily trading liquidity for Tongda Hong Tai Holdings is HKD19 130 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.

Tongda Hong Tai Holdings 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 low cash flow to debt ratio of 0.02, the company's ability to pay off the debt is limited. 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 Tongda Hong Tai Holdings to be high [0.75 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.