Is Ningbo Changhong Polymer stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Ningbo Changhong Polymer pays dividends. Last time was Friday 14th of June 2024 where the investors holding the stock on Friday 14th of June 2024 were paid CNY0.31 per share. Over the last 2 times between 2021 and 2024, Ningbo Changhong Polymer has paid CNY0.56 with an average of CNY0.28 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Ningbo Changhong Polymer 10 years ago, but if you had invested on Friday 21st of August 2020 when the price was CNY10.84, you would have made a profit of CNY1.200 per share or 11.07%
Yes, the average daily trading liquidity for Ningbo Changhong Polymer is CNY1.56 million. You should therefore be able to get in and out of your positions relatively fast.
Ningbo Changhong Polymer has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.08, the company's ability to pay off the debt is limited. The company has a very low net profit margin of 4.67%, which is challenging.
We have calculated the inflation risk for Ningbo Changhong Polymer to be high [0.8 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.