Why is Cangzhou Mingzhu Plastic Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.10% and Operating profit at -22.94% over the last 5 years
2
The company has declared Negative results for the last 7 consecutive quarters
- INTEREST(HY) At CNY 19.69 MM has Grown at 32.44%
- DEBT-EQUITY RATIO (HY) Highest at 36.16 %
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Cangzhou Mingzhu Plastic Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Cangzhou Mingzhu Plastic Co., Ltd.
24.86%
0.77
44.08%
China Shanghai Composite
13.33%
0.90
14.74%
Quality key factors
Factor
Value
Sales Growth (5y)
1.10%
EBIT Growth (5y)
-22.94%
EBIT to Interest (avg)
7.61
Debt to EBITDA (avg)
1.53
Net Debt to Equity (avg)
0.19
Sales to Capital Employed (avg)
0.41
Tax Ratio
27.17%
Dividend Payout Ratio
107.53%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.88%
ROE (avg)
6.60%
Valuation Key Factors 
Factor
Value
P/E Ratio
44
Industry P/E
Price to Book Value
1.29
EV to EBIT
144.68
EV to EBITDA
25.70
EV to Capital Employed
1.23
EV to Sales
2.83
PEG Ratio
NA
Dividend Yield
2.18%
ROCE (Latest)
0.85%
ROE (Latest)
2.94%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Movement
4What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -22.24% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 5.81 times
NET PROFIT(Q)
Highest at CNY 56.96 MM
EPS(Q)
Highest at CNY 0.03
-10What is not working for the Company
INTEREST(HY)
At CNY 19.69 MM has Grown at 32.44%
DEBT-EQUITY RATIO
(HY)
Highest at 36.16 %
Here's what is working for Cangzhou Mingzhu Plastic Co., Ltd.
Net Profit
Highest at CNY 56.96 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.03
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Inventory Turnover Ratio
Highest at 5.81 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Raw Material Cost
Fallen by -22.24% (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 Cangzhou Mingzhu Plastic Co., Ltd.
Interest
At CNY 19.69 MM has Grown at 32.44%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Debt-Equity Ratio
Highest at 36.16 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio






