Is Ningbo Marine Company stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Ningbo Marine Company pays dividends. Last time was Friday 21st of June 2024 where the investors holding the stock on Friday 21st of June 2024 were paid CNY0.03 per share. Over the last 25 times between 1999 and 2024, Ningbo Marine Company has paid CNY2.1828 with an average of CNY0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Ningbo Marine Company 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was CNY3.61, you would have made a loss of CNY-0.670 per share or -18.56%
Yes, the average daily trading liquidity for Ningbo Marine Company is CNY8.00 million. You should therefore be able to get in and out of your positions relatively fast.
Ningbo Marine Company 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 high cash flow to debt ratio of 0.66, the company's ability to pay off the debt is good. The company has a very low net profit margin of 1.44%, which is challenging.
We have calculated the inflation risk for Ningbo Marine Company to be low [0.35 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.