Algo version: 0.98b
Global New Material is listed at the HKSE Exchange
Global New Material [6616.HK]
HKSE Sector: Basic Materials Industry:Chemicals

Is Global New Material stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Global New Material pays dividends. Last time was Monday 18th of July 2022 where the investors holding the stock on Tuesday 28th of June 2022 were paid HKD0.035 per share. Over the last 1 times between 2022 and 2022, Global New Material has paid HKD0.035 with an average of HKD0.04 per share.

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

We cannot find data for Global New Material 10 years ago, but if you had invested on Friday 16th of July 2021 when the price was HKD3.70, you would have made a profit of HKD0.120 per share or 3.24%

Yes, the average daily trading liquidity for Global New Material is HKD3.62 million. You should therefore be able to get in and out of your positions relatively fast.

Global New Material 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 0.31, the company's ability to pay off the debt is normal. Global New Material has a good net profit margin of 17.06% and should have high tolerances against inflation.

We have calculated the inflation risk for Global New Material to be low [0.4 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.