Why is Chengdu Spaceon Electronics Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.78% and Operating profit at -13.33% over the last 5 years
2
The company has declared Negative results for the last 7 consecutive quarters
- NET SALES(HY) At CNY 476 MM has Grown at -16.64%
- NET PROFIT(HY) At CNY 41.84 MM has Grown at -23.43%
- ROCE(HY) Lowest at 4.28%
3
With ROE of 3.62%, it has a very expensive valuation with a 4.08 Price to Book Value
- Over the past year, while the stock has generated a return of 7.41%, its profits have fallen by -32.7%
- At the current price, the company has a high dividend yield of 0.3
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 Telecom - Equipment & Accessories)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Chengdu Spaceon Electronics Co., Ltd. for you?
Medium Risk, High Return
Absolute
Risk Adjusted
Volatility
Chengdu Spaceon Electronics Co., Ltd.
15.69%
1.18
34.09%
China Shanghai Composite
14.77%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
1.78%
EBIT Growth (5y)
-13.33%
EBIT to Interest (avg)
90.57
Debt to EBITDA (avg)
Net Debt is too low
Net Debt to Equity (avg)
-0.02
Sales to Capital Employed (avg)
0.59
Tax Ratio
5.78%
Dividend Payout Ratio
33.05%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
6.92%
ROE (avg)
6.75%
Valuation Key Factors 
Factor
Value
P/E Ratio
112
Industry P/E
Price to Book Value
4.08
EV to EBIT
133.34
EV to EBITDA
86.53
EV to Capital Employed
4.59
EV to Sales
6.90
PEG Ratio
NA
Dividend Yield
0.28%
ROCE (Latest)
3.44%
ROE (Latest)
3.62%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
2What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 144.51 MM
-20What is not working for the Company
NET SALES(HY)
At CNY 476 MM has Grown at -16.64%
NET PROFIT(HY)
At CNY 41.84 MM has Grown at -23.43%
ROCE(HY)
Lowest at 4.28%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.74%
DEBT-EQUITY RATIO
(HY)
Highest at -1.61 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.92%
OPERATING PROFIT MARGIN(Q)
Lowest at -16.83 %
Here's what is working for Chengdu Spaceon Electronics Co., Ltd.
Operating Cash Flow
Highest at CNY 144.51 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Here's what is not working for Chengdu Spaceon Electronics Co., Ltd.
Net Profit
At CNY 41.84 MM has Grown at -23.43%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Debtors Turnover Ratio
Lowest at 0.74% and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio
Net Sales
Lowest at CNY 91.39 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Net Sales
Fallen at -14.22%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Operating Profit Margin
Lowest at -16.83 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Debt-Equity Ratio
Highest at -1.61 %
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
Inventory Turnover Ratio
Lowest at 0.92%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






