Why is Hailun Piano 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 -26.21% and Operating profit at -234.29% over the last 5 years
- The company is Net-Debt Free
2
The company has declared Negative results for the last 19 consecutive quarters
- INTEREST(HY) At CNY 5.53 MM has Grown at 17.03%
- DEBT-EQUITY RATIO (HY) Highest at 55.53 %
- INVENTORY TURNOVER RATIO(HY) Lowest at 0.31 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 58.04%, its profits have risen by 3.2%
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 Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Hailun Piano Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Hailun Piano Co., Ltd.
58.04%
4.00
52.56%
China Shanghai Composite
21.43%
1.55
13.83%
Quality key factors
Factor
Value
Sales Growth (5y)
-26.21%
EBIT Growth (5y)
-234.29%
EBIT to Interest (avg)
-5.74
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.44
Sales to Capital Employed (avg)
0.16
Tax Ratio
13.37%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0.52%
ROE (avg)
0.95%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
5.04
EV to EBIT
-30.55
EV to EBITDA
-34.68
EV to Capital Employed
3.61
EV to Sales
29.00
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-11.80%
ROE (Latest)
-16.73%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
NET PROFIT(HY)
Higher at CNY -70.54 MM
RAW MATERIAL COST(Y)
Fallen by -181.08% (YoY
-18What is not working for the Company
INTEREST(HY)
At CNY 5.53 MM has Grown at 17.03%
DEBT-EQUITY RATIO
(HY)
Highest at 55.53 %
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.31 times
CASH AND EQV(HY)
Lowest at CNY 56.48 MM
NET SALES(Q)
Lowest at CNY 22.13 MM
Here's what is working for Hailun Piano Co., Ltd.
Net Profit
Higher at CNY -70.54 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)
Raw Material Cost
Fallen by -181.08% (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 Hailun Piano Co., Ltd.
Net Sales
At CNY 22.13 MM has Fallen at -27.93%
over average net sales of the previous four periods of CNY 30.71 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Interest
At CNY 5.53 MM has Grown at 17.03%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Debt-Equity Ratio
Highest at 55.53 % 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
Inventory Turnover Ratio
Lowest at 0.31 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
Net Sales
Lowest at CNY 22.13 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Cash and Eqv
Lowest at CNY 56.48 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






