Fujian Mindong Electric Power Co., Ltd. (000993) 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

Fujian Mindong Electric Power Co., Ltd.

Why is Fujian Mindong Electric Power Co., Ltd. ?

With a fall in Net Sales of -39.3%, the company declared Very Negative results in Mar 26

The company has declared negative results for the last 2 consecutive quarters
PRE-TAX PROFIT(Q) At CNY -24.33 MM has Fallen at -218.08%
NET PROFIT(Q) At CNY -27.19 MM has Fallen at -341.89%
ROCE(HY) Lowest at 0.81%

With ROE of 0.55%, it has a very expensive valuation with a 2.13 Price to Book Value

Over the past year, while the stock has generated a return of 19.25%, its profits have fallen by -91.2%

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 Fujian Mindong Electric Power Co., Ltd. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Fujian Mindong Electric Power Co., Ltd.

19.25%

0.31

54.60%

China Shanghai Composite

17.97%

1.33

13.55%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

8.07%

EBIT Growth (5y)

22.83%

EBIT to Interest (avg)

6.72

Debt to EBITDA (avg)

2.88

Net Debt to Equity (avg)

0.08

Sales to Capital Employed (avg)

0.26

Tax Ratio

15.70%

Dividend Payout Ratio

139.97%

Pledged Shares

Institutional Holding

ROCE (avg)

6.17%

ROE (avg)

5.97%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

383

Industry P/E

Price to Book Value

2.13

EV to EBIT

149.83

EV to EBITDA

34.57

EV to Capital Employed

2.11

EV to Sales

9.95

PEG Ratio

Dividend Yield

ROCE (Latest)

1.41%

ROE (Latest)

0.55%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

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

3What is working for the Company

CASH AND EQV(HY)

Highest at CNY 1,172.91 MM

DEBT-EQUITY RATIO (HY)

Lowest at 4.14 %

INVENTORY TURNOVER RATIO(HY)

Highest at 1.57 times

-29What is not working for the Company

PRE-TAX PROFIT(Q)

At CNY -24.33 MM has Fallen at -218.08%

NET PROFIT(Q)

At CNY -27.19 MM has Fallen at -341.89%

ROCE(HY)

Lowest at 0.81%

RAW MATERIAL COST(Y)

Grown by 56.77% (YoY

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.9 times

NET SALES(Q)

Lowest at CNY 79.52 MM

Here's what is working for Fujian Mindong Electric Power Co., Ltd.

Cash and Eqv

Highest at CNY 1,172.91 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at 4.14 %

in the last five Semi-Annual periods

MOJO Watch

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

Debt-Equity Ratio

Inventory Turnover Ratio

Highest at 1.57 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Fujian Mindong Electric Power Co., Ltd.

Net Sales

At CNY 79.52 MM has Fallen at -39.3%

Year on Year (YoY)

MOJO Watch

Near term sales trend is extremely negative

Net Sales (CNY MM)

Pre-Tax Profit

At CNY -24.33 MM has Fallen at -218.08%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -27.19 MM has Fallen at -341.89%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Net Sales

Lowest at CNY 79.52 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Debtors Turnover Ratio

Lowest at 1.9 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost

Grown by 56.77% (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