Is Ningbo TIP Rubber 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 TIP Rubber pays dividends. Last time was Wednesday 5th of June 2024 where the investors holding the stock on Wednesday 5th of June 2024 were paid CNY0.22 per share. Over the last 4 times between 2021 and 2024, Ningbo TIP Rubber has paid CNY1.63 with an average of CNY0.41 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Ningbo TIP Rubber 10 years ago, but if you had invested on Tuesday 25th of August 2020 when the price was CNY18.23, you would have made a loss of CNY-7.76 per share or -42.57%
Yes, the average daily trading liquidity for Ningbo TIP Rubber is CNY1.90 million. You should therefore be able to get in and out of your positions relatively fast.
Ningbo TIP Rubber has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 19.38, the company's ability to pay off the debt is good. Ningbo TIP Rubber has a good net profit margin of 8.99% and should have high tolerances against inflation.
We have calculated the inflation risk for Ningbo TIP Rubber to be low [0.1 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.