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Fujian Expressway Development Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Transport Services
  • ISIN: CNE000001717
  • SHG: 600033
CNY
3.73
0.1 (2.75%)

Sep 24

SHG

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Fujian Expressway Development Co., Ltd.

Why is Fujian Expressway Development Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 13.37%
  • The company has been able to generate a Return on Capital Employed (avg) of 13.37% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 1.50% and Operating profit at -0.07% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 9.43% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 1.50% and Operating profit at -0.07% over the last 5 years
4
Flat results in Jun 26
  • RAW MATERIAL COST(Y) Grown by 8.02% (YoY)
  • NET SALES(Q) Lowest at CNY 706.47 MM
5
With ROE of 9.37%, it has a attractive valuation with a 0.72 Price to Book Value
  • Over the past year, while the stock has generated a return of 5.85%, its profits have risen by 15.7% ; the PEG ratio of the company is 0.5
  • At the current price, the company has a high dividend yield of 3
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Fujian Expressway Development Co., Ltd. should be less than 10%
  2. 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, Medium Return

Absolute
Risk Adjusted
Volatility
Fujian Expressway Development Co., Ltd.
9.38%
0.11
32.68%
China Shanghai Composite
0.9%
0.22
14.72%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
1.50%
EBIT Growth (5y)
-0.07%
EBIT to Interest (avg)
29.70
Debt to EBITDA (avg)
0.14
Net Debt to Equity (avg)
-0.12
Sales to Capital Employed (avg)
0.24
Tax Ratio
24.92%
Dividend Payout Ratio
35.02%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
13.92%
ROE (avg)
9.43%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.72
EV to EBIT
4.01
EV to EBITDA
2.72
EV to Capital Employed
0.63
EV to Sales
2.00
PEG Ratio
0.49
Dividend Yield
3.03%
ROCE (Latest)
15.79%
ROE (Latest)
9.37%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

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

8What is working for the Company
OPERATING CASH FLOW(Y)

Highest at CNY 2,730.34 MM

DEBT-EQUITY RATIO (HY)

Lowest at -25.02 %

CASH AND EQV(HY)

Highest at CNY 7,342.92 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 132.16 times

DEBTORS TURNOVER RATIO(HY)

Highest at 4.56 times

-2What is not working for the Company
RAW MATERIAL COST(Y)

Grown by 8.02% (YoY

NET SALES(Q)

Lowest at CNY 706.47 MM

Here's what is working for Fujian Expressway Development Co., Ltd.

Operating Cash Flow
Highest at CNY 2,730.34 MM and Grown
In each year in the last three years
MOJO Watch
The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Debt-Equity Ratio
Lowest at -25.02 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Cash and Eqv
Highest at CNY 7,342.92 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 132.16 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 4.56 times
in the last five Semi-Annual periods
MOJO 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 706.47 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Raw Material Cost
Grown by 8.02% (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

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