Is Triangle Tyre Co., Ltd stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Triangle Tyre Co., Ltd pays dividends. Last time was Thursday 22nd of August 2024 where the investors holding the stock on Thursday 22nd of August 2024 were paid CNY0.67 per share. Over the last 8 times between 2017 and 2024, Triangle Tyre Co., Ltd has paid CNY2.8 with an average of CNY0.35 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Triangle Tyre Co., Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY13.53, you would have made a loss of CNY-0.200 per share or -1.48%
Yes, the average daily trading liquidity for Triangle Tyre Co., Ltd is CNY4.87 million. You should therefore be able to get in and out of your positions relatively fast.
Triangle Tyre Co., Ltd 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 1.25, the company's ability to pay off the debt is good. Triangle Tyre Co., Ltd has a good net profit margin of 14.14% and should have high tolerances against inflation.
We have calculated the inflation risk for Triangle Tyre Co., Ltd 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.