Why is CETC Chips Technology, Inc. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 20.51% and Operating profit at -165.12% over the last 5 years
2
With a fall in Net Sales of -13.18%, the company declared Very Negative results in Mar 25
- The company has declared negative results for the last 4 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at CNY 31.29 MM
- ROCE(HY) Lowest at 2.53%
- INVENTORY TURNOVER RATIO(HY) Lowest at 1.45%
3
With ROE of 1.57%, it has a very expensive valuation with a 6.81 Price to Book Value
- Over the past year, while the stock has generated a return of 7.77%, its profits have fallen by -82.3%
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 Electronics & Appliances)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is CETC Chips Technology, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
CETC Chips Technology, Inc.
7.77%
0.94
35.70%
China Shanghai Composite
14.77%
1.01
14.58%
Quality key factors
Factor
Value
Sales Growth (5y)
20.51%
EBIT Growth (5y)
-165.12%
EBIT to Interest (avg)
40.65
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.30
Sales to Capital Employed (avg)
0.54
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.92%
ROE (avg)
10.76%
Valuation Key Factors 
Factor
Value
P/E Ratio
435
Industry P/E
Price to Book Value
6.81
EV to EBIT
-1284.29
EV to EBITDA
426.20
EV to Capital Employed
9.59
EV to Sales
16.05
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-0.75%
ROE (Latest)
1.57%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Bullish
No Trend
Technical Movement
1What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -25.36% (YoY
-25What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 31.29 MM
ROCE(HY)
Lowest at 2.53%
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.45%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.89%
NET SALES(Q)
Lowest at CNY 196.51 MM
PRE-TAX PROFIT(Q)
Fallen at -37.64%
NET PROFIT(Q)
Fallen at -35.52%
Here's what is working for CETC Chips Technology, Inc.
Raw Material Cost
Fallen by -25.36% (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 CETC Chips Technology, Inc.
Operating Cash Flow
Lowest at CNY 31.29 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Net Sales
Lowest at CNY 196.51 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Pre-Tax Profit
Fallen at -37.64%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Fallen at -35.52%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Inventory Turnover Ratio
Lowest at 1.45%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 0.89%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






