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
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 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%
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%
Valuation Key Factors 
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%
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
Technical Movement
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 periodsMOJO 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 periodMOJO 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 yearsMOJO 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 periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






