Is Zhejiang Rongsheng stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Zhejiang Rongsheng pays dividends. Last time was Friday 10th of May 2024 where the investors holding the stock on Friday 10th of May 2024 were paid CNY0.49 per share. Over the last 8 times between 2017 and 2024, Zhejiang Rongsheng has paid CNY3.7 with an average of CNY0.46 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Zhejiang Rongsheng 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY13.11, you would have made a loss of CNY-3.23 per share or -24.64%
Yes, the average daily trading liquidity for Zhejiang Rongsheng is CNY1.52 million. You should therefore be able to get in and out of your positions relatively fast.
Zhejiang Rongsheng 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 low cash flow to debt ratio of 0.09, the company's ability to pay off the debt is limited. Zhejiang Rongsheng has a good net profit margin of 12.28% and should have high tolerances against inflation.
We have calculated the inflation risk for Zhejiang Rongsheng to be medium [0.55 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.