Why is Fujian Expressway Development Co., Ltd. ?
1
- OPERATING CASH FLOW(Y) Highest at CNY 2,842.38 MM
- DEBT-EQUITY RATIO (HY) Lowest at -17.05 %
- RAW MATERIAL COST(Y) Fallen by 0.15% (YoY)
2
With ROE of 8.39%, it has a fair valuation with a 0.75 Price to Book Value
- Over the past year, while the stock has generated a return of 1.60%, its profits have fallen by -10%
- At the current price, the company has a high dividend yield of 3
How much should you hold?
- Overall Portfolio exposure to Fujian Expressway Development Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Transport Services should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Transport Services)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Fujian Expressway Development Co., Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Fujian Expressway Development Co., Ltd.
-6.41%
0.29
30.35%
China Shanghai Composite
19.22%
1.58
14.20%
Quality key factors
Factor
Value
Sales Growth (5y)
1.50%
EBIT Growth (5y)
-0.07%
EBIT to Interest (avg)
21.22
Debt to EBITDA (avg)
0.28
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.24
Tax Ratio
28.35%
Dividend Payout Ratio
35.02%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.37%
ROE (avg)
9.43%
Valuation Key Factors 
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.76
EV to EBIT
4.32
EV to EBITDA
2.93
EV to Capital Employed
0.68
EV to Sales
2.16
PEG Ratio
0.51
Dividend Yield
2.88%
ROCE (Latest)
15.79%
ROE (Latest)
9.37%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
10What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 2,857.31 MM
NET PROFIT(HY)
At CNY 382.36 MM has Grown at 63.55%
DEBT-EQUITY RATIO
(HY)
Lowest at -20.38 %
CASH AND EQV(HY)
Highest at CNY 6,329.26 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 125.79 times
DEBTORS TURNOVER RATIO(HY)
Highest at 4.11 times
-4What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 6.68% (YoY
NET SALES(Q)
Lowest at CNY 734.94 MM
OPERATING PROFIT(Q)
Lowest at CNY 382.35 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 52.02 %
Here's what is working for Fujian Expressway Development Co., Ltd.
Operating Cash Flow
Highest at CNY 2,857.31 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Profit
At CNY 382.36 MM has Grown at 63.55%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Debt-Equity Ratio
Lowest at -20.38 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Cash and Eqv
Highest at CNY 6,329.26 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 125.79 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 4.11 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Fujian Expressway Development Co., Ltd.
Net Sales
Lowest at CNY 734.94 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Operating Profit
Lowest at CNY 382.35 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 52.02 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Raw Material Cost
Grown by 6.68% (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






