Is New East New Materials stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, New East New Materials pays dividends. Last time was Monday 12th of June 2023 where the investors holding the stock on Monday 12th of June 2023 were paid CNY0.15 per share. Over the last 6 times between 2018 and 2023, New East New Materials has paid CNY1.35 with an average of CNY0.23 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for New East New Materials 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY15.90, you would have made a loss of CNY-6.90 per share or -43.40%
Yes, the average daily trading liquidity for New East New Materials is CNY3.94 million. You should therefore be able to get in and out of your positions relatively fast.
New East New Materials 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 normal cash flow to debt ratio of 0.11, the company's ability to pay off the debt is normal. New East New Materials has a good net profit margin of 12.67% and should have high tolerances against inflation.
We have calculated the inflation risk for New East New Materials to be low [0.25 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.