Is Zhejiang Xinao Textiles 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 Xinao Textiles pays dividends. Last time was Friday 24th of May 2024 where the investors holding the stock on Friday 24th of May 2024 were paid CNY0.3 per share. Over the last 10 times between 2015 and 2024, Zhejiang Xinao Textiles has paid CNY2.94693 with an average of CNY0.29 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Zhejiang Xinao Textiles 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was CNY4.44, you would have made a profit of CNY1.880 per share or 42.34%
Yes, the average daily trading liquidity for Zhejiang Xinao Textiles is CNY3.86 million. You should therefore be able to get in and out of your positions relatively fast.
Zhejiang Xinao Textiles 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 0.38, the company's ability to pay off the debt is normal. Zhejiang Xinao Textiles has a good net profit margin of 8.99% and should have high tolerances against inflation.
We have calculated the inflation risk for Zhejiang Xinao Textiles to be low [0.4 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.