down arrow

Haining China Leather Market Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Realty
  • ISIN: CNE100000KP2
  • SHE: 002344
CNY
3.99
0.01 (0.25%)

Sep 24

SHE

 View all stocks in this country
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Haining China Leather Market Co., Ltd.

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 -5.90% and Operating profit at -15.94%
  • 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 -5.90% and Operating profit at -15.94%
3
With a fall in Net Sales of -7.18%, the company declared Very Negative results in Mar 26
  • The company has declared negative results for the last 12 consecutive quarters
  • INTEREST(HY) At CNY 4.89 MM has Grown at 50.33%
  • OPERATING CASH FLOW(Y) Lowest at CNY -129.46 MM
  • ROCE(HY) Lowest at 0.57%
4
Below par performance in long term as well as near term
  • Along with generating -16.74% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you hold?

  1. Overall Portfolio exposure to Haining China Leather Market Co., Ltd. should be less than 10%
  2. Overall Portfolio exposure to Realty should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Haining China Leather Market Co., Ltd. for you?

Medium Risk, Low Return

Absolute
Risk Adjusted
Volatility
Haining China Leather Market Co., Ltd.
-11.73%
0.39
30.05%
China Shanghai Composite
0.9%
1.20
14.07%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-5.90%
EBIT Growth (5y)
-15.94%
EBIT to Interest (avg)
7.35
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
43.79%
Dividend Payout Ratio
72.73%
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
5.05%
ROE (avg)
2.94%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
46
Industry P/E
Price to Book Value
0.53
EV to EBIT
46.38
EV to EBITDA
8.94
EV to Capital Employed
0.50
EV to Sales
3.82
PEG Ratio
NA
Dividend Yield
1.08%
ROCE (Latest)
1.09%
ROE (Latest)
1.17%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bullish
Mildly Bullish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

6What is working for the Company
NET PROFIT(Q)

At CNY 21.52 MM has Grown at 258.6%

PRE-TAX PROFIT(Q)

At CNY 26.02 MM has Grown at 193.94%

RAW MATERIAL COST(Y)

Fallen by -21.46% (YoY

-7What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at CNY -60.31 MM

DEBTORS TURNOVER RATIO(HY)

Lowest at 0.49 times

CASH AND EQV(HY)

Lowest at CNY 1,094.39 MM

DEBT-EQUITY RATIO (HY)

Highest at 19.96 %

NET SALES(Q)

Lowest at CNY 229.54 MM

Here's what is working for Haining China Leather Market Co., Ltd.

Net Profit
At CNY 21.52 MM has Grown at 258.6%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Pre-Tax Profit
At CNY 26.02 MM has Grown at 193.94%
Year on Year (YoY)
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Raw Material Cost
Fallen by -21.46% (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.

Debtors Turnover Ratio
Lowest at 0.49 times and Fallen
In each half year in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Operating Cash Flow
Lowest at CNY -60.31 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Net Sales
Lowest at CNY 229.54 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (CNY MM)

Cash and Eqv
Lowest at CNY 1,094.39 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio
Highest at 19.96 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Footer loading