Algo version: 0.98b
Shandong Iron and Steel is listed at the SHH Exchange
Shandong Iron and Steel [600022.SS]
SHH Sector: Basic Materials Industry:Steel

Is Shandong Iron and Steel stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Shandong Iron and Steel pays dividends. Last time was Wednesday 14th of June 2023 where the investors holding the stock on Wednesday 14th of June 2023 were paid CNY0.03 per share. Over the last 8 times between 2005 and 2023, Shandong Iron and Steel has paid CNY2.02 with an average of CNY0.25 per share.

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

We cannot find data for Shandong Iron and Steel 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was CNY1.480, you would have made a loss of CNY-0.0800 per share or -5.41%

Yes, the average daily trading liquidity for Shandong Iron and Steel is CNY41.33 million. You should therefore be able to get in and out of your positions relatively fast.

Shandong Iron and Steel 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 0.01, 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 Shandong Iron and Steel 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 4.09 and is down -0.37 over the last 30 days.