Algo version: 0.98b
Nine Dragons Paper is listed at the HKSE Exchange
Nine Dragons Paper [2689.HK]
HKSE Sector: Paper & Forest Industry:Paper & Paper Products

Is Nine Dragons Paper stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Nine Dragons Paper pays dividends. Last time was Friday 20th of January 2023 where the investors holding the stock on Friday 9th of December 2022 were paid HKD0.022 per share. Over the last 33 times between 2006 and 2022, Nine Dragons Paper has paid HKD3.5426 with an average of HKD0.11 per share.

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

We cannot find data for Nine Dragons Paper 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD6.72, you would have made a loss of HKD-3.81 per share or -56.70%

Yes, the average daily trading liquidity for Nine Dragons Paper is HKD4.37 million. You should therefore be able to get in and out of your positions relatively fast.

Nine Dragons Paper 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 0.03, 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 Nine Dragons Paper to be high [0.75 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.