Algo version: 0.98b
Snowsky Salt Industry is listed at the SHH Exchange
Snowsky Salt Industry [600929.SS]
SHH Sector: Basic Materials Industry:Chemicals

Is Snowsky Salt Industry stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, Snowsky Salt Industry pays dividends. Last time was Monday 15th of July 2024 where the investors holding the stock on Monday 15th of July 2024 were paid CNY0.2 per share. Over the last 7 times between 2018 and 2024, Snowsky Salt Industry has paid CNY0.847 with an average of CNY0.12 per share.

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

We cannot find data for Snowsky Salt Industry 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY7.53, you would have made a loss of CNY-2.40 per share or -31.87%

Yes, the average daily trading liquidity for Snowsky Salt Industry is CNY7.05 million. You should therefore be able to get in and out of your positions relatively fast.

Snowsky Salt Industry has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.79, the company's ability to pay off the debt is good. Snowsky Salt Industry has a good net profit margin of 10.97% and should have high tolerances against inflation.

We have calculated the inflation risk for Snowsky Salt Industry to be low [0.1 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.