Is China Huarong 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 Huarong Asset pays dividends. Last time was Monday 31st of August 2020 where the investors holding the stock on Friday 3rd of July 2020 were paid HKD0.011 per share. Over the last 4 times between 2017 and 2020, China Huarong Asset has paid HKD0.3426 with an average of HKD0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for China Huarong Asset 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was HKD1.230, you would have made a loss of HKD-0.890 per share or -72.36%
Yes, the average daily trading liquidity for China Huarong Asset is HKD13.60 million. You should therefore be able to get in and out of your positions relatively fast.
China Huarong 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 Huarong Asset has a good net profit margin of 16.43% and should have high tolerances against inflation.
We have calculated the inflation risk for China Huarong 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.