Why is Fujian Newchoice Pipe Technology Co., Ltd. ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of -38.39% and Operating profit at -263.76% over the last 5 years
- The company is Net-Debt Free
2
Flat results in Mar 26
- OPERATING CASH FLOW(Y) Lowest at CNY 18.66 MM
- NET SALES(9M) At CNY 63.2 MM has Grown at -16.46%
- INVENTORY TURNOVER RATIO(HY) Lowest at 1.83 times
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -11.42%, its profits have risen by 21.7%
4
Below par performance in long term as well as near term
- Along with generating -11.42% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
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 Construction)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Fujian Newchoice Pipe Technology Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Fujian Newchoice Pipe Technology Co., Ltd.
-13.39%
1.99
40.17%
China Shanghai Composite
19.22%
1.46
13.80%
Quality key factors
Factor
Value
Sales Growth (5y)
-38.39%
EBIT Growth (5y)
-263.76%
EBIT to Interest (avg)
-2.82
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
12.54
Sales to Capital Employed (avg)
0.12
Tax Ratio
6.44%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0.61%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
3.87
EV to EBIT
-13.17
EV to EBITDA
-14.99
EV to Capital Employed
2.43
EV to Sales
28.53
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-18.45%
ROE (Latest)
-53.22%
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 Bullish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
7What is working for the Company
NET PROFIT(HY)
Higher at CNY -202.65 MM
RAW MATERIAL COST(Y)
Fallen by -54.49% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at 100.58 %
NET SALES(Q)
Highest at CNY 23.03 MM
-10What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 18.66 MM
NET SALES(9M)
At CNY 63.2 MM has Grown at -16.46%
INVENTORY TURNOVER RATIO(HY)
Lowest at 1.83 times
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.11 times
Here's what is working for Fujian Newchoice Pipe Technology Co., Ltd.
Net Profit
Higher at CNY -202.65 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (CNY MM)
Net Sales
Highest at CNY 23.03 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Net Sales
At CNY 23.03 MM has Grown at 38.9%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Debt-Equity Ratio
Lowest at 100.58 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Raw Material Cost
Fallen by -54.49% (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 Fujian Newchoice Pipe Technology Co., Ltd.
Operating Cash Flow
Lowest at CNY 18.66 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Inventory Turnover Ratio
Lowest at 1.83 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Debtors Turnover Ratio
Lowest at 0.11 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






