Algo version: 0.98b
Lingyuan Iron & Steel is listed at the SHH Exchange
Lingyuan Iron & Steel [600231.SS]
SHH Sector: Basic Materials Industry:Steel

Is Lingyuan Iron & 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, Lingyuan Iron & Steel pays dividends. Last time was Wednesday 27th of April 2022 where the investors holding the stock on Wednesday 27th of April 2022 were paid CNY0.097 per share. Over the last 21 times between 2001 and 2022, Lingyuan Iron & Steel has paid CNY1.99051 with an average of CNY0.09 per share.

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

We cannot find data for Lingyuan Iron & Steel 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY2.91, you would have made a loss of CNY-1.470 per share or -50.52%

Yes, the average daily trading liquidity for Lingyuan Iron & Steel is CNY10.96 million. You should therefore be able to get in and out of your positions relatively fast.

Lingyuan Iron & 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 normal cash flow to debt ratio of 0.22, the company's ability to pay off the debt is normal. 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 Lingyuan Iron & Steel to be medium [0.6 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.