Changhong Meiling Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE000000BT4
CNY
5.40
-2.13 (-28.29%)
  • 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
Changhong Meiling Co., Ltd.

Why is Changhong Meiling Co., Ltd. ?

1
The company has declared Negative results for the last 3 consecutive quarters
  • INTEREST(HY) At CNY 16.87 MM has Grown at 217.36%
  • OPERATING CASH FLOW(Y) Lowest at CNY 1,546.88 MM
  • ROCE(HY) Lowest at 4.83%
2
Below par performance in long term as well as near term
  • Along with generating -18.01% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
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 Electronics & Appliances)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Changhong Meiling Co., Ltd. for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Changhong Meiling Co., Ltd.
-100.0%
-1.51
24.01%
China Shanghai Composite
21.43%
1.73
13.79%
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)
12.00%
EBIT Growth (5y)
42.90%
EBIT to Interest (avg)
8.41
Debt to EBITDA (avg)
1.12
Net Debt to Equity (avg)
-0.04
Sales to Capital Employed (avg)
1.92
Tax Ratio
11.90%
Dividend Payout Ratio
52.55%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
4.26%
ROE (avg)
7.41%
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
16
Industry P/E
Price to Book Value
0.72
EV to EBIT
21.25
EV to EBITDA
5.88
EV to Capital Employed
0.63
EV to Sales
0.09
PEG Ratio
NA
Dividend Yield
6.60%
ROCE (Latest)
2.96%
ROE (Latest)
4.44%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
No Trend
Mildly Bearish
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

1What is working for the Company
DEBT-EQUITY RATIO (HY)

Lowest at -23.57 %

-17What is not working for the Company
INTEREST(HY)

At CNY 16.87 MM has Grown at 217.36%

OPERATING CASH FLOW(Y)

Lowest at CNY 1,546.88 MM

ROCE(HY)

Lowest at 4.83%

PRE-TAX PROFIT(Q)

At CNY 86.53 MM has Fallen at -45.48%

NET PROFIT(Q)

At CNY 78.18 MM has Fallen at -43.93%

RAW MATERIAL COST(Y)

Grown by 15.41% (YoY

Here's what is working for Changhong Meiling Co., Ltd.

Debt-Equity Ratio
Lowest at -23.57 %
in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Here's what is not working for Changhong Meiling Co., Ltd.

Interest
At CNY 16.87 MM has Grown at 217.36%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit
At CNY 86.53 MM has Fallen at -45.48%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 78.18 MM has Fallen at -43.93%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Cash Flow
Lowest at CNY 1,546.88 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Raw Material Cost
Grown by 15.41% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

Non Operating Income
Highest at CNY 0.89 MM
in the last five periods
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating income