ScoreComparison
Company
Score
Quality
Valuation
Financial
Technical
Why is China Merchants Commercial Real Estate Investment Trust ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 5.02%
- Poor long term growth as Net Sales has grown by an annual rate of 6.60% and Operating profit at 5.05%
2
Negative results in Dec 25
- OPERATING CASH FLOW(Y) Lowest at HKD 253.72 MM
- DEBT-EQUITY RATIO (HY) Highest at 107 %
- INTEREST COVERAGE RATIO(Q) Lowest at 217.99
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -5.13% returns in the last 1 year, the stock has also underperformed Hang Seng Hong Kong in each of the last 3 annual periods
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 Realty)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is China Merchants Commercial Real Estate Investment Trust for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
China Merchants Commercial Real Estate Investment Trust
-5.13%
-0.05
16.59%
Hang Seng Hong Kong
8.76%
0.45
19.63%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
6.60%
EBIT Growth (5y)
5.05%
EBIT to Interest (avg)
3.65
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
15.80%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.25%
ROE (avg)
5.02%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
3
Industry P/E
Price to Book Value
0.45
EV to EBIT
0.73
EV to EBITDA
0.73
EV to Capital Employed
0.13
EV to Sales
0.50
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
17.84%
ROE (Latest)
14.91%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend3What is working for the Company
NET PROFIT(Q)
At HKD 91.06 MM has Grown at 101.25%
-11What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at HKD 253.72 MM
DEBT-EQUITY RATIO
(HY)
Highest at 107 %
INTEREST COVERAGE RATIO(Q)
Lowest at 217.99
RAW MATERIAL COST(Y)
Grown by 7.76% (YoY
CASH AND EQV(HY)
Lowest at HKD 1,120.44 MM
NET SALES(Q)
Lowest at HKD 227.22 MM
PRE-TAX PROFIT(Q)
Lowest at HKD 75.99 MM
Here's what is working for China Merchants Commercial Real Estate Investment Trust
Net Profit
At HKD 91.06 MM has Grown at 101.25%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (HKD MM)
Here's what is not working for China Merchants Commercial Real Estate Investment Trust
Operating Cash Flow
Lowest at HKD 253.72 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (HKD MM)
Interest Coverage Ratio
Lowest at 217.99
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Debt-Equity Ratio
Highest at 107 % 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 Sales
Lowest at HKD 227.22 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (HKD MM)
Pre-Tax Profit
Lowest at HKD 75.99 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (HKD MM)
Cash and Eqv
Lowest at HKD 1,120.44 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Raw Material Cost
Grown by 7.76% (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
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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