Is Kangxin New Materials stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Kangxin New Materials pays dividends. Last time was Monday 5th of August 2019 where the investors holding the stock on Monday 5th of August 2019 were paid CNY0.02 per share. Over the last 4 times between 2001 and 2019, Kangxin New Materials has paid CNY0.243 with an average of CNY0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Kangxin New Materials 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY4.45, you would have made a loss of CNY-3.07 per share or -68.99%
Yes, the average daily trading liquidity for Kangxin New Materials is CNY17.38 million. You should therefore be able to get in and out of your positions relatively fast.
Kangxin New Materials 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. 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 Kangxin New Materials to be high [0.85 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.