ScoreWhy is Changzheng Engineering Technology Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 10.07%
- The company has been able to generate a Return on Capital Employed (avg) of 10.07% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 13.56% and Operating profit at 9.11% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 6.34% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 13.56% and Operating profit at 9.11% over the last 5 years
4
The company has declared Negative results for the last 3 consecutive quarters
- INTEREST(HY) At CNY 25.87 MM has Grown at 115.68%
- DEBT-EQUITY RATIO (HY) Highest at 23.1 %
- RAW MATERIAL COST(Y) Grown by 7.91% (YoY)
5
With ROE of 8.86%, it has a very expensive valuation with a 6.63 Price to Book Value
- Over the past year, while the stock has generated a return of 13.71%, its profits have risen by 13.2% ; the PEG ratio of the company is 5.7
- At the current price, the company has a high dividend yield of 0.3
Real-Time Research ReportHow 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 Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Changzheng Engineering Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Changzheng Engineering Technology Co., Ltd.
12.18%
1.09
72.76%
China Shanghai Composite
3.23%
0.23
14.72%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
13.56%
EBIT Growth (5y)
9.11%
EBIT to Interest (avg)
66.95
Debt to EBITDA (avg)
0.25
Net Debt to Equity (avg)
-0.41
Sales to Capital Employed (avg)
0.78
Tax Ratio
5.36%
Dividend Payout Ratio
32.19%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.32%
ROE (avg)
6.34%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
75
Industry P/E
Price to Book Value
6.63
EV to EBIT
74.55
EV to EBITDA
56.86
EV to Capital Employed
5.89
EV to Sales
5.52
PEG Ratio
5.67
Dividend Yield
0.30%
ROCE (Latest)
7.90%
ROE (Latest)
8.86%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 74.26%
NET SALES(Q)
Highest at CNY 1,292.7 MM
OPERATING PROFIT(Q)
Highest at CNY 146.5 MM
-14What is not working for the Company
INTEREST(HY)
At CNY 25.87 MM has Grown at 115.68%
DEBT-EQUITY RATIO
(HY)
Highest at 23.1 %
RAW MATERIAL COST(Y)
Grown by 7.91% (YoY
CASH AND EQV(HY)
Lowest at CNY 2,805.41 MM
INVENTORY TURNOVER RATIO(HY)
Lowest at 9.27 times
NET PROFIT(Q)
Fallen at -31.28%
Here's what is working for Changzheng Engineering Technology Co., Ltd.
Net Sales
Highest at CNY 1,292.7 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Operating Profit
Highest at CNY 146.5 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Dividend Payout Ratio
Highest at 74.26%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Here's what is not working for Changzheng Engineering Technology Co., Ltd.
Interest
At CNY 25.87 MM has Grown at 115.68%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Debt-Equity Ratio
Highest at 23.1 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Net Profit
Fallen at -31.28%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Cash and Eqv
Lowest at CNY 2,805.41 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Inventory Turnover Ratio
Lowest at 9.27 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Raw Material Cost
Grown by 7.91% (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
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