Bohai Automotive Systems Co., Ltd. (600960) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Bohai Automotive Systems Co., Ltd.

Why is Bohai Automotive Systems Co., Ltd. ?

Poor Management Efficiency with a low ROCE of 0%

The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward

High Debt Company with a Debt to Equity ratio (avg) at times

Poor long term growth as Net Sales has grown by an annual rate of -6.68% and Operating profit at -260.22% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at times
The company has been able to generate a Return on Equity (avg) of 0.15% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of -6.68% and Operating profit at -260.22% over the last 5 years

The company has declared Negative results for the last 8 consecutive quarters

OPERATING CASH FLOW(Y) Lowest at CNY 3.83 MM
INTEREST(Q) At CNY 15.22 MM has Grown at 116.86%
CASH AND EQV(HY) Lowest at CNY 1,109 MM

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Bohai Automotive Systems Co., Ltd. should be less than 10%
Overall Portfolio exposure to Auto Components & Equipments should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Auto Components & Equipments)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Bohai Automotive Systems Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Bohai Automotive Systems Co., Ltd.

1.53%

1.39

56.31%

China Shanghai Composite

21.43%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-10.40%

EBIT Growth (5y)

-274.89%

EBIT to Interest (avg)

-3.56

Debt to EBITDA (avg)

4.06

Net Debt to Equity (avg)

0.34

Sales to Capital Employed (avg)

0.69

Tax Ratio

0.55%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

ROE (avg)

0.15%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

0.63

EV to EBIT

-22.49

EV to EBITDA

72.85

EV to Capital Employed

0.71

EV to Sales

1.14

PEG Ratio

0.12

Dividend Yield

ROCE (Latest)

-3.16%

ROE (Latest)

4.53%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

12What is working for the Company

NET PROFIT(HY)

Higher at CNY -49.51 MM

ROCE(HY)

Highest at 4.54%

RAW MATERIAL COST(Y)

Fallen by -61.59% (YoY

-21What is not working for the Company

PRE-TAX PROFIT(Q)

At CNY -10.38 MM has Fallen at -124.82%

NET PROFIT(Q)

At CNY -6.76 MM has Fallen at -115.95%

NET SALES(Q)

At CNY 677.44 MM has Fallen at -13.01%

CASH AND EQV(HY)

Lowest at CNY 929.87 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.2 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.85 times

Here's what is working for Bohai Automotive Systems Co., Ltd.

Raw Material Cost

Fallen by -61.59% (YoY)

MOJO Watch

The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin

Raw Material Cost as a percentage of Sales

Here's what is not working for Bohai Automotive Systems Co., Ltd.

Pre-Tax Profit

At CNY -10.38 MM has Fallen at -124.82%

over average net sales of the previous four periods of CNY 41.81 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -6.76 MM has Fallen at -115.95%

over average net sales of the previous four periods of CNY 42.34 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Net Sales

At CNY 677.44 MM has Fallen at -13.01%

over average net sales of the previous four periods of CNY 778.76 MM

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Cash and Eqv

Lowest at CNY 929.87 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio

Lowest at 2.2 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio

Lowest at 1.85 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio