Is Jiangsu Safety Wire Rope stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Jiangsu Safety Wire Rope pays dividends. Last time was Thursday 27th of June 2024 where the investors holding the stock on Thursday 27th of June 2024 were paid CNY0.03417 per share. Over the last 7 times between 2017 and 2024, Jiangsu Safety Wire Rope has paid CNY0.244509 with an average of CNY0.03 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Jiangsu Safety Wire Rope 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY8.59, you would have made a loss of CNY-3.23 per share or -37.60%
Yes, the average daily trading liquidity for Jiangsu Safety Wire Rope is CNY3.45 million. You should therefore be able to get in and out of your positions relatively fast.
Jiangsu Safety Wire Rope 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 0.22, the company's ability to pay off the debt is normal. The company has a very low net profit margin of 1.29%, which is challenging.
We have calculated the inflation risk for Jiangsu Safety Wire Rope to be low [0.5 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.