Why is Haining China Leather Market Co., Ltd. ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 2.94%
- Poor long term growth as Net Sales has grown by an annual rate of -4.40% and Operating profit at -20.96%
- The company has been able to generate a Return on Equity (avg) of 2.94% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of -4.40% and Operating profit at -20.96%
3
The company has declared Negative results for the last 8 consecutive quarters
- INTEREST(9M) At CNY 6.54 MM has Grown at inf%
- NET SALES(HY) At CNY 557.96 MM has Grown at -17.46%
- NET PROFIT(HY) At CNY 77.2 MM has Grown at -23.77%
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 Realty)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Haining China Leather Market Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Haining China Leather Market Co., Ltd.
-100.0%
1.10
43.64%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
-4.40%
EBIT Growth (5y)
-20.96%
EBIT to Interest (avg)
9.06
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
37.47%
Dividend Payout Ratio
54.83%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
5.61%
ROE (avg)
2.94%
Valuation Key Factors 
Factor
Value
P/E Ratio
43
Industry P/E
Price to Book Value
0.67
EV to EBIT
42.51
EV to EBITDA
9.82
EV to Capital Employed
0.62
EV to Sales
4.45
PEG Ratio
NA
Dividend Yield
0.86%
ROCE (Latest)
1.46%
ROE (Latest)
1.56%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 709.3 MM
RAW MATERIAL COST(Y)
Fallen by -0.88% (YoY
NET PROFIT(Q)
Highest at CNY 60.19 MM
EPS(Q)
Highest at CNY 0.05
-19What is not working for the Company
INTEREST(9M)
At CNY 6.54 MM has Grown at inf%
NET SALES(HY)
At CNY 557.96 MM has Grown at -17.46%
NET PROFIT(HY)
At CNY 77.2 MM has Grown at -23.77%
ROCE(HY)
Lowest at 1.06%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.75%
INVENTORY TURNOVER RATIO(HY)
Lowest at 0.71%
Here's what is working for Haining China Leather Market Co., Ltd.
Operating Cash Flow
Highest at CNY 709.3 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Profit
Highest at CNY 60.19 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.05
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Raw Material Cost
Fallen by -0.88% (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 Haining China Leather Market Co., Ltd.
Interest
At CNY 6.54 MM has Grown at inf%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
At CNY 557.96 MM has Grown at -17.46%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (CNY MM)
Debtors Turnover Ratio
Lowest at 0.75% 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
Inventory Turnover Ratio
Lowest at 0.71%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






