Doctorglasses Chain Co., Ltd. (300622) 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

Doctorglasses Chain Co., Ltd.

Why is Doctorglasses Chain Co., Ltd. ?

Flat results in Mar 26

INTEREST(Q) At CNY 1.86 MM has Grown at 192.58%
INTEREST COVERAGE RATIO(Q) Lowest at 2,562.29
OPERATING PROFIT(Q) Lowest at CNY 47.56 MM

With ROE of 14.96%, it has a expensive valuation with a 3.62 Price to Book Value

Over the past year, while the stock has generated a return of -39.09%, its profits have risen by 35.9%
At the current price, the company has a high dividend yield of 1

Below par performance in long term as well as near term

Along with generating -39.09% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Doctorglasses Chain Co., Ltd. should be less than 10%
Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Doctorglasses Chain Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Doctorglasses Chain Co., Ltd.

-34.98%

0.75

52.29%

China Shanghai Composite

8.25%

1.20

14.07%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

12.86%

EBIT Growth (5y)

9.88%

EBIT to Interest (avg)

17.48

Debt to EBITDA (avg)

Net Debt is too low

Net Debt to Equity (avg)

-0.26

Sales to Capital Employed (avg)

1.24

Tax Ratio

19.90%

Dividend Payout Ratio

29.57%

Pledged Shares

Institutional Holding

ROCE (avg)

21.27%

ROE (avg)

13.77%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.64

EV to EBIT

22.55

EV to EBITDA

13.80

EV to Capital Employed

7.45

EV to Sales

2.87

PEG Ratio

Dividend Yield

0.76%

ROCE (Latest)

33.03%

ROE (Latest)

14.96%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Mildly Bearish

Dow Theory

No Trend

OBV

Mildly 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

11What is working for the Company

NET PROFIT(HY)

At CNY 80.65 MM has Grown at 64.36%

ROCE(HY)

Highest at 18.23%

RAW MATERIAL COST(Y)

Fallen by -4.3% (YoY

CASH AND EQV(HY)

Highest at CNY 1,621.54 MM

DEBT-EQUITY RATIO (HY)

Lowest at -38.45 %

DEBTORS TURNOVER RATIO(HY)

Highest at 9.5 times

-7What is not working for the Company

INTEREST(Q)

At CNY 1.86 MM has Grown at 192.58%

INTEREST COVERAGE RATIO(Q)

Lowest at 2,562.29

INVENTORY TURNOVER RATIO(HY)

Lowest at 1.77 times

OPERATING PROFIT(Q)

Lowest at CNY 47.56 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 13.47 %

Here's what is working for Doctorglasses Chain Co., Ltd.

Net Profit

At CNY 80.65 MM has Grown at 64.36%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Cash and Eqv

Highest at CNY 1,621.54 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at -38.45 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Debtors Turnover Ratio

Highest at 9.5 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by -4.3% (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 Doctorglasses Chain Co., Ltd.

Interest

At CNY 1.86 MM has Grown at 192.58%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 2,562.29

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit

Lowest at CNY 47.56 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 13.47 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Inventory Turnover Ratio

Lowest at 1.77 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio