Why is China Tianying, Inc. ?
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of -24.44% and Operating profit at -16.20% over the last 5 years
- The company is Net-Debt Free
- The company has been able to generate a Return on Equity (avg) of 4.54% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -24.44% and Operating profit at -16.20% over the last 5 years
3
The company has declared Negative results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at CNY 38.39 MM
- NET SALES(HY) At CNY 2,736.24 MM has Grown at -9.34%
- DEBT-EQUITY RATIO (HY) Highest at 105.88 %
4
With ROE of 1.37%, it has a very expensive valuation with a 1.15 Price to Book Value
- Over the past year, while the stock has generated a return of 51.02%, its profits have fallen by -74.3%
- At the current price, the company has a high dividend yield of 0.2
5
Market Beating performance in long term as well as near term
- Along with generating 51.02% returns in the last 1 year, the stock has outperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to China Tianying, Inc. should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is China Tianying, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
China Tianying, Inc.
47.76%
0.98
40.16%
China Shanghai Composite
24.7%
1.93
12.95%
Quality key factors
Factor
Value
Sales Growth (5y)
-24.44%
EBIT Growth (5y)
-16.20%
EBIT to Interest (avg)
1.99
Debt to EBITDA (avg)
4.20
Net Debt to Equity (avg)
0.74
Sales to Capital Employed (avg)
0.29
Tax Ratio
43.90%
Dividend Payout Ratio
30.03%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.02%
ROE (avg)
4.54%
Valuation Key Factors 
Factor
Value
P/E Ratio
84
Industry P/E
Price to Book Value
1.15
EV to EBIT
27.21
EV to EBITDA
12.22
EV to Capital Employed
1.09
EV to Sales
3.61
PEG Ratio
NA
Dividend Yield
0.20%
ROCE (Latest)
4.00%
ROE (Latest)
1.37%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
7What is working for the Company
NET PROFIT(Q)
At CNY 101.8 MM has Grown at 218.37%
RAW MATERIAL COST(Y)
Fallen by -8.36% (YoY
PRE-TAX PROFIT(Q)
At CNY 146.3 MM has Grown at 74.18%
-7What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 38.39 MM
NET SALES(HY)
At CNY 2,736.24 MM has Grown at -9.34%
DEBT-EQUITY RATIO
(HY)
Highest at 105.88 %
DEBTORS TURNOVER RATIO(HY)
Lowest at 1.8 times
Here's what is working for China Tianying, Inc.
Net Profit
At CNY 101.8 MM has Grown at 218.37%
over average net sales of the previous four periods of CNY 31.98 MMMOJO Watch
Near term Net Profit trend is very positive
Net Profit (CNY MM)
Pre-Tax Profit
At CNY 146.3 MM has Grown at 74.18%
over average net sales of the previous four periods of CNY 83.99 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Raw Material Cost
Fallen by -8.36% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for China Tianying, Inc.
Net Sales
At CNY 2,736.24 MM has Grown at -9.34%
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Debt-Equity Ratio
Highest at 105.88 % 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
Operating Cash Flow
Lowest at CNY 38.39 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Debtors Turnover Ratio
Lowest at 1.8 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






