Cangzhou Mingzhu Plastic Co., Ltd. (002108) 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

Cangzhou Mingzhu Plastic Co., Ltd.

Why is Cangzhou Mingzhu Plastic Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of -0.42% and Operating profit at -21.39% over the last 5 years

Negative results in Mar 26

INTEREST(HY) At CNY 22.86 MM has Grown at 17.61%
DEBT-EQUITY RATIO (HY) Highest at 40.65 %
INTEREST COVERAGE RATIO(Q) Lowest at 221.31

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Cangzhou Mingzhu Plastic Co., Ltd. should be less than 10%
Overall Portfolio exposure to Miscellaneous should be less than 30%

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

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

Is Cangzhou Mingzhu Plastic Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Cangzhou Mingzhu Plastic Co., Ltd.

7.86%

0.64

46.37%

China Shanghai Composite

3.23%

1.20

14.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

-0.42%

EBIT Growth (5y)

-21.39%

EBIT to Interest (avg)

5.44

Debt to EBITDA (avg)

2.45

Net Debt to Equity (avg)

0.19

Sales to Capital Employed (avg)

0.40

Tax Ratio

30.51%

Dividend Payout Ratio

54.05%

Pledged Shares

Institutional Holding

ROCE (avg)

3.28%

ROE (avg)

6.60%

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

1.38

EV to EBIT

75.22

EV to EBITDA

28.36

EV to Capital Employed

1.27

EV to Sales

3.03

PEG Ratio

8.64

Dividend Yield

1.02%

ROCE (Latest)

1.69%

ROE (Latest)

2.97%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Mildly Bullish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Bullish

Dow Theory

No Trend

Mildly Bullish

OBV

Mildly Bullish

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

24What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 181.56 MM

ROCE(HY)

Highest at 4%

INTEREST COVERAGE RATIO(Q)

Highest at 1,483.08

RAW MATERIAL COST(Y)

Fallen by -24.94% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 2.33 times

NET SALES(Q)

Highest at CNY 890.44 MM

OPERATING PROFIT(Q)

Highest at CNY 154.51 MM

OPERATING PROFIT MARGIN(Q)

Highest at 17.35 %

PRE-TAX PROFIT(Q)

Highest at CNY 78.26 MM

NET PROFIT(Q)

Highest at CNY 89.73 MM

EPS(Q)

Highest at CNY 0.05

-8What is not working for the Company

INTEREST(HY)

At CNY 22.11 MM has Grown at 12.59%

DEBT-EQUITY RATIO (HY)

Highest at 41 %

Here's what is working for Cangzhou Mingzhu Plastic Co., Ltd.

Interest Coverage Ratio

Highest at 1,483.08

in the last five periods

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Pre-Tax Profit

At CNY 78.26 MM has Grown at 149.17%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 89.73 MM has Grown at 160.03%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CNY MM)

Operating Cash Flow

Highest at CNY 181.56 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Net Sales

Highest at CNY 890.44 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit

Highest at CNY 154.51 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin

Highest at 17.35 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at CNY 78.26 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 89.73 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS

Highest at CNY 0.05

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Debtors Turnover Ratio

Highest at 2.33 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -24.94% (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 22.11 MM has Grown at 12.59%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Debt-Equity Ratio

Highest at 41 % 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

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