Cangzhou Mingzhu Plastic Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Miscellaneous
  • ISIN: CNE000001QC6
CNY
4.47
-0.1 (-2.19%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Cangzhou Mingzhu Plastic Co., Ltd.

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 %
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

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%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

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%
stock-recommendationTechnicals

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
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

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 periods
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS
Highest at CNY 0.03
in the last five periods
MOJO 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 periods
MOJO 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 period
MOJO 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 periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio