CHN Energy Changyuan Electric Power Co., Ltd. (000966) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

CHN Energy Changyuan Electric Power Co., Ltd.

Why is CHN Energy Changyuan Electric Power Co., Ltd. ?

Poor Management Efficiency with a low ROCE of 3.17%

The company has been able to generate a Return on Capital Employed (avg) of 3.17% signifying low profitability per unit of total capital (equity and debt)

The company is Net-Debt Free

Poor long term growth as Net Sales has grown by an annual rate of 12.96% and Operating profit at -2.42% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 3.92% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 12.96% and Operating profit at -2.42% over the last 5 years

The company has declared Negative results for the last 5 consecutive quarters

NET PROFIT(9M) At CNY -56.33 MM has Grown at -129.08%
OPERATING CASH FLOW(Y) Lowest at CNY 2,336.85 MM
NET SALES(HY) At CNY 6,727.9 MM has Grown at -13.63%

With ROE of 0.59%, it has a very expensive valuation with a 1.33 Price to Book Value

Over the past year, while the stock has generated a return of -1.79%, its profits have fallen by -80.1%
At the current price, the company has a high dividend yield of 1.3

Real-Time Research Report

Verdict Report

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 Power)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is CHN Energy Changyuan Electric Power Co., Ltd. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

CHN Energy Changyuan Electric Power Co., Ltd.

-3.57%

-0.27

36.78%

China Shanghai Composite

23.91%

1.73

13.79%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.96%

EBIT Growth (5y)

-2.42%

EBIT to Interest (avg)

2.03

Debt to EBITDA (avg)

8.04

Net Debt to Equity (avg)

1.63

Sales to Capital Employed (avg)

0.43

Tax Ratio

28.54%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

3.17%

ROE (avg)

3.92%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

227

Industry P/E

Price to Book Value

1.33

EV to EBIT

77.34

EV to EBITDA

20.79

EV to Capital Employed

1.12

EV to Sales

2.96

PEG Ratio

Dividend Yield

1.32%

ROCE (Latest)

1.45%

ROE (Latest)

0.59%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Mildly Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

7What is working for the Company

PRE-TAX PROFIT(Q)

At CNY 161.45 MM has Grown at 1,527.52%

NET PROFIT(Q)

At CNY 104.66 MM has Grown at 732.7%

RAW MATERIAL COST(Y)

Fallen by -164.29% (YoY

-19What is not working for the Company

NET PROFIT(9M)

At CNY -56.33 MM has Grown at -129.08%

OPERATING CASH FLOW(Y)

Lowest at CNY 2,336.85 MM

NET SALES(HY)

At CNY 6,727.9 MM has Grown at -13.63%

ROCE(HY)

Lowest at 0.83%

CASH AND EQV(HY)

Lowest at CNY 283.45 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 19.44 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.71 times

INTEREST(Q)

Highest at CNY 122.96 MM

Here's what is working for CHN Energy Changyuan Electric Power Co., Ltd.

Pre-Tax Profit

At CNY 161.45 MM has Grown at 1,527.52%

over average net sales of the previous four periods of CNY -11.31 MM

MOJO Watch

Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 104.66 MM has Grown at 732.7%

over average net sales of the previous four periods of CNY -16.54 MM

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CNY MM)

Raw Material Cost

Fallen by -164.29% (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 CHN Energy Changyuan Electric Power Co., Ltd.

Interest

At CNY 122.96 MM has Grown at 11.68%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Net Sales

At CNY 6,727.9 MM has Grown at -13.63%

Year on Year (YoY)

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Cash Flow

Lowest at CNY 2,336.85 MM

in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Interest

Highest at CNY 122.96 MM

in the last five periods and Increased by 11.68% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Cash and Eqv

Lowest at CNY 283.45 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio

Lowest at 19.44 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio

Lowest at 6.71 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio