Is Ningbo Energy Group 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 Energy Group pays dividends. Last time was Wednesday 29th of May 2024 where the investors holding the stock on Wednesday 29th of May 2024 were paid CNY0.15 per share. Over the last 20 times between 2005 and 2024, Ningbo Energy Group has paid CNY1.96161 with an average of CNY0.1 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Ningbo Energy Group 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY3.21, you would have made a profit of CNY0.0700 per share or 2.18%
Yes, the average daily trading liquidity for Ningbo Energy Group is CNY4.83 million. You should therefore be able to get in and out of your positions relatively fast.
Ningbo Energy Group has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. Ningbo Energy Group has a good net profit margin of 8.39% and should have high tolerances against inflation.
We have calculated the inflation risk for Ningbo Energy Group to be medium [0.7 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.