Changjiang & Jinggong Steel Building (Group) Co., Ltd. (600496) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.Unlock 29 Markets

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Changjiang & Jinggong Steel Building (Group) Co., Ltd.

Why is Changjiang & Jinggong Steel Building (Group) Co., Ltd. ?

The company has declared Positive results for the last 3 consecutive quarters

NET PROFIT(9M) At CNY 361.73 MM has Grown at 41.52%
NET SALES(HY) At CNY 11,224.92 MM has Grown at 34.72%
CASH AND EQV(HY) Highest at CNY 10,908.56 MM

With ROE of 6.56%, it has a very attractive valuation with a 0.79 Price to Book Value

Over the past year, while the stock has generated a return of 33.64%, its profits have risen by 31.7% ; the PEG ratio of the company is 0.4
At the current price, the company has a high dividend yield of 2.2

Market Beating Performance

The stock has generated a return of 33.64% in the last 1 year, much higher than market (China Shanghai Composite) returns of 14.77%

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Changjiang & Jinggong Steel Building (Group) Co., Ltd. should be less than 10%
Overall Portfolio exposure to Industrial Manufacturing should be less than 30%

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

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

Is Changjiang & Jinggong Steel Building (Group) Co., Ltd. for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

Changjiang & Jinggong Steel Building (Group) Co., Ltd.

35.33%

2.22

27.27%

China Shanghai Composite

15.19%

1.01

14.58%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

15.09%

EBIT Growth (5y)

3.53%

EBIT to Interest (avg)

3.58

Debt to EBITDA (avg)

2.84

Net Debt to Equity (avg)

0.20

Sales to Capital Employed (avg)

1.09

Tax Ratio

8.68%

Dividend Payout Ratio

31.12%

Pledged Shares

Institutional Holding

ROCE (avg)

6.43%

ROE (avg)

7.92%

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

0.79

EV to EBIT

13.68

EV to EBITDA

10.72

EV to Capital Employed

0.83

EV to Sales

0.44

PEG Ratio

0.38

Dividend Yield

2.23%

ROCE (Latest)

6.04%

ROE (Latest)

6.56%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

No Trend

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

11What is working for the Company

NET PROFIT(9M)

At CNY 361.73 MM has Grown at 41.52%

NET SALES(HY)

At CNY 11,224.92 MM has Grown at 34.72%

CASH AND EQV(HY)

Highest at CNY 10,908.56 MM

DEBT-EQUITY RATIO (HY)

Lowest at 20.28 %

INVENTORY TURNOVER RATIO(HY)

Highest at 10.1%

DEBTORS TURNOVER RATIO(HY)

Highest at 1.67%

-3What is not working for the Company

INTEREST(HY)

At CNY 95.09 MM has Grown at 5.85%

RAW MATERIAL COST(Y)

Grown by 17.8% (YoY

Here's what is working for Changjiang & Jinggong Steel Building (Group) Co., Ltd.

Net Profit

At CNY 361.73 MM has Grown at 41.52%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Sales

At CNY 4,802.82 MM has Grown at 41.25%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Cash and Eqv

Highest at CNY 10,908.56 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at 20.28 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Inventory Turnover Ratio

Highest at 10.1%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 1.67%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for Changjiang & Jinggong Steel Building (Group) Co., Ltd.

Interest

At CNY 95.09 MM has Grown at 5.85%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Raw Material Cost

Grown by 17.8% (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