Is Qingdao Daneng stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Qingdao Daneng pays dividends. Last time was Wednesday 10th of July 2024 where the investors holding the stock on Wednesday 10th of July 2024 were paid CNY0.22 per share. Over the last 3 times between 2022 and 2024, Qingdao Daneng has paid CNY0.5 with an average of CNY0.17 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Qingdao Daneng 10 years ago, but if you had invested on Friday 16th of July 2021 when the price was CNY19.10, you would have made a loss of CNY-7.96 per share or -41.68%
Yes, the average daily trading liquidity for Qingdao Daneng is CNY1.13 million. You should therefore be able to get in and out of your positions relatively fast.
Qingdao Daneng 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 0.11, the company's ability to pay off the debt is normal. Qingdao Daneng has a good net profit margin of 8.32% and should have high tolerances against inflation.
We have calculated the inflation risk for Qingdao Daneng 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.