Why is GRG Metrology & Test Group Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 16.64% and Operating profit at 32.90% over the last 5 years
2
The company has declared negative results in Mar'2025 after 2 consecutive positive quarters
- INTEREST(9M) At CNY 35.4 MM has Grown at 37.28%
- DEBT-EQUITY RATIO (HY) Highest at 34.42 %
- INVENTORY TURNOVER RATIO(HY) Lowest at 32.23%
3
With ROE of 11.23%, it has a very attractive valuation with a 2.97 Price to Book Value
- Over the past year, while the stock has generated a return of 19.95%, its profits have risen by 62.8% ; the PEG ratio of the company is 0.5
- At the current price, the company has a high dividend yield of 2.3
How much should you hold?
- Overall Portfolio exposure to GRG Metrology & Test Group Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Miscellaneous should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is GRG Metrology & Test Group Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
GRG Metrology & Test Group Co., Ltd.
23.88%
1.67
36.35%
China Shanghai Composite
14.77%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
16.64%
EBIT Growth (5y)
32.90%
EBIT to Interest (avg)
6.38
Debt to EBITDA (avg)
0.61
Net Debt to Equity (avg)
0.30
Sales to Capital Employed (avg)
0.60
Tax Ratio
6.10%
Dividend Payout Ratio
65.57%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.94%
ROE (avg)
9.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
Price to Book Value
2.97
EV to EBIT
27.20
EV to EBITDA
12.67
EV to Capital Employed
2.49
EV to Sales
3.32
PEG Ratio
0.48
Dividend Yield
2.31%
ROCE (Latest)
9.16%
ROE (Latest)
11.23%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
15What is working for the Company
NET PROFIT(Q)
At CNY 4.78 MM has Grown at 299.45%
OPERATING CASH FLOW(Y)
Highest at CNY 747.43 MM
ROCE(HY)
Highest at 10.25%
RAW MATERIAL COST(Y)
Fallen by -9.08% (YoY
-14What is not working for the Company
INTEREST(9M)
At CNY 35.4 MM has Grown at 37.28%
DEBT-EQUITY RATIO
(HY)
Highest at 34.42 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 32.23%
OPERATING PROFIT(Q)
Lowest at CNY -5.89 MM
OPERATING PROFIT MARGIN(Q)
Lowest at -0.96 %
Here's what is working for GRG Metrology & Test Group Co., Ltd.
Net Profit
At CNY 4.78 MM has Grown at 299.45%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (CNY MM)
Operating Cash Flow
Highest at CNY 747.43 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Raw Material Cost
Fallen by -9.08% (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 GRG Metrology & Test Group Co., Ltd.
Interest
At CNY 24.89 MM has Grown at 54.15%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Debt-Equity Ratio
Highest at 34.42 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Operating Profit
Lowest at CNY -5.89 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at -0.96 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Inventory Turnover Ratio
Lowest at 32.23%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






