Is Zhejiang Provincial New stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Zhejiang Provincial New pays dividends. Last time was Friday 5th of July 2024 where the investors holding the stock on Friday 5th of July 2024 were paid CNY0.07 per share. Over the last 3 times between 2022 and 2024, Zhejiang Provincial New has paid CNY0.1842 with an average of CNY0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Zhejiang Provincial New 10 years ago, but if you had invested on Tuesday 25th of May 2021 when the price was CNY5.05, you would have made a profit of CNY1.810 per share or 35.84%
Yes, the average daily trading liquidity for Zhejiang Provincial New is CNY6.86 million. You should therefore be able to get in and out of your positions relatively fast.
Zhejiang Provincial New 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 0.10, the company's ability to pay off the debt is limited. Zhejiang Provincial New has a good net profit margin of 14.70% and should have high tolerances against inflation.
We have calculated the inflation risk for Zhejiang Provincial New 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.