Why is Doright Co., Ltd. ?
1
The company declared very negative results in Mar'25 after flat results in Dec'24
- NET SALES(Q) At CNY 123.76 MM has Fallen at -31.03%
- PRE-TAX PROFIT(Q) At CNY 26.88 MM has Fallen at -54.7%
- NET PROFIT(Q) At CNY 23.67 MM has Fallen at -53.24%
2
With ROE of 9.12%, it has a attractive valuation with a 1.37 Price to Book Value
- Over the past year, while the stock has generated a return of 48.63%, its profits have risen by 1.5% ; the PEG ratio of the company is 10.1
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 Wholesale Distributors)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Doright Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Doright Co., Ltd.
27.55%
0.90
79.12%
China Shanghai Composite
14.03%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
30.26%
EBIT Growth (5y)
18.44%
EBIT to Interest (avg)
54.88
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.50
Tax Ratio
11.23%
Dividend Payout Ratio
31.12%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
14.42%
ROE (avg)
8.86%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
1.37
EV to EBIT
14.87
EV to EBITDA
12.47
EV to Capital Employed
1.42
EV to Sales
2.13
PEG Ratio
10.10
Dividend Yield
NA
ROCE (Latest)
9.54%
ROE (Latest)
9.12%
Technical key factors
Indicator
Weekly
Monthly
MACD
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
No Trend
OBV
No Trend
No Trend
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-21What is not working for the Company
NET SALES(Q)
At CNY 123.76 MM has Fallen at -31.03%
PRE-TAX PROFIT(Q)
At CNY 26.88 MM has Fallen at -54.7%
NET PROFIT(Q)
At CNY 23.67 MM has Fallen at -53.24%
DEBT-EQUITY RATIO
(HY)
Highest at -11.99 %
RAW MATERIAL COST(Y)
Grown by 5.09% (YoY
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.17%
Here's what is not working for Doright Co., Ltd.
Net Sales
At CNY 123.76 MM has Fallen at -31.03%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Pre-Tax Profit
At CNY 26.88 MM has Fallen at -54.7%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 23.67 MM has Fallen at -53.24%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Debt-Equity Ratio
Highest at -11.99 % 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
Inventory Turnover Ratio
Lowest at 1.17%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Raw Material Cost
Grown by 5.09% (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






