Why is Ganso Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of -3.13% and Operating profit at -13.14% over the last 5 years
2
With a fall in Net Sales of -23.63%, the company declared Very Negative results in Sep 25
- The company has declared negative results for the last 4 consecutive quarters
- NET SALES(Q) At CNY 719.15 MM has Fallen at -23.63%
- ROCE(HY) Lowest at 7.84%
- INTEREST(Q) At CNY 3.69 MM has Grown at 10.92%
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -4.09% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
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 FMCG)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Ganso Co., Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Ganso Co., Ltd.
-15.86%
-0.51
29.02%
China Shanghai Composite
16.01%
1.58
14.20%
Quality key factors
Factor
Value
Sales Growth (5y)
-3.13%
EBIT Growth (5y)
-13.14%
EBIT to Interest (avg)
39.69
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.83
Sales to Capital Employed (avg)
1.40
Tax Ratio
21.83%
Dividend Payout Ratio
96.48%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
134.74%
ROE (avg)
17.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
2.09
EV to EBIT
5.98
EV to EBITDA
3.21
EV to Capital Employed
17.84
EV to Sales
0.76
PEG Ratio
NA
Dividend Yield
8.05%
ROCE (Latest)
298.26%
ROE (Latest)
13.59%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -10.6% (YoY
DEBT-EQUITY RATIO
(HY)
Lowest at -89.87 %
-26What is not working for the Company
NET SALES(Q)
At CNY 719.15 MM has Fallen at -23.63%
ROCE(HY)
Lowest at 7.84%
INTEREST(Q)
At CNY 3.69 MM has Grown at 10.92%
INVENTORY TURNOVER RATIO(HY)
Lowest at 15.48 times
PRE-TAX PROFIT(Q)
Fallen at -31.64%
NET PROFIT(Q)
Fallen at -32.91%
Here's what is working for Ganso Co., Ltd.
Debt-Equity Ratio
Lowest at -89.87 %
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 -10.6% (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 Ganso Co., Ltd.
Net Sales
At CNY 719.15 MM has Fallen at -23.63%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Interest
At CNY 3.69 MM has Grown at 10.92%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Pre-Tax Profit
Fallen at -31.64%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Fallen at -32.91%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Inventory Turnover Ratio
Lowest at 15.48 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






