Is Zhejiang Oceanking 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 Oceanking pays dividends. Last time was Tuesday 28th of May 2024 where the investors holding the stock on Tuesday 28th of May 2024 were paid CNY0.282 per share. Over the last 3 times between 2022 and 2024, Zhejiang Oceanking has paid CNY1.29 with an average of CNY0.43 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Zhejiang Oceanking 10 years ago, but if you had invested on Thursday 11th of November 2021 when the price was CNY8.63, you would have made a loss of CNY-1.160 per share or -13.44%
Yes, the average daily trading liquidity for Zhejiang Oceanking is CNY1.69 million. You should therefore be able to get in and out of your positions relatively fast.
Zhejiang Oceanking 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. Zhejiang Oceanking has a good net profit margin of 11.69% and should have high tolerances against inflation.
We have calculated the inflation risk for Zhejiang Oceanking 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.