Why is Chengdu Spaceon Electronics Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.33% and Operating profit at -11.02% over the last 5 years
2
The company has declared Negative results for the last 7 consecutive quarters
- ROCE(HY) Lowest at 4.06%
- RAW MATERIAL COST(Y) Grown by 17.41% (YoY)
- INVENTORY TURNOVER RATIO(HY) Lowest at 0.86 times
3
With ROE of 3.62%, it has a very expensive valuation with a 4.16 Price to Book Value
- Over the past year, while the stock has generated a return of 6.01%, 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?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Chengdu Spaceon Electronics Co., Ltd.
8.9%
0.87
40.86%
China Shanghai Composite
13.33%
0.90
14.74%
Quality key factors
Factor
Value
Sales Growth (5y)
1.33%
EBIT Growth (5y)
-11.02%
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)
0.58
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
115
Industry P/E
Price to Book Value
4.16
EV to EBIT
136.15
EV to EBITDA
88.36
EV to Capital Employed
4.69
EV to Sales
7.04
PEG Ratio
NA
Dividend Yield
0.27%
ROCE (Latest)
3.44%
ROE (Latest)
3.62%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
6What is working for the Company
PRE-TAX PROFIT(Q)
At CNY 5.8 MM has Grown at 891.5%
NET PROFIT(Q)
At CNY 6.91 MM has Grown at 1,329.08%
-4What is not working for the Company
ROCE(HY)
Lowest at 4.06%
RAW MATERIAL COST(Y)
Grown by 17.41% (YoY
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.86 times
Here's what is working for Chengdu Spaceon Electronics Co., Ltd.
Pre-Tax Profit
At CNY 5.8 MM has Grown at 891.5%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 6.91 MM has Grown at 1,329.08%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (CNY MM)
Here's what is not working for Chengdu Spaceon Electronics Co., Ltd.
Inventory Turnover Ratio
Lowest at 0.86 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 17.41% (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






