Is Zhejiang Qianjiang 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 Qianjiang pays dividends. Last time was Thursday 27th of June 2024 where the investors holding the stock on Thursday 27th of June 2024 were paid CNY0.031 per share. Over the last 13 times between 2000 and 2024, Zhejiang Qianjiang has paid CNY1.286355 with an average of CNY0.1 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Zhejiang Qianjiang 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was CNY5.11, you would have made a loss of CNY-0.430 per share or -8.41%
Yes, the average daily trading liquidity for Zhejiang Qianjiang is CNY3.95 million. You should therefore be able to get in and out of your positions relatively fast.
Zhejiang Qianjiang 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 0.16, the company's ability to pay off the debt is normal. Zhejiang Qianjiang has a good net profit margin of 10.35% and should have high tolerances against inflation.
We have calculated the inflation risk for Zhejiang Qianjiang to be low [0.4 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.