Harbin VITI Electronics Corp. (603023) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Harbin VITI Electronics Corp.

Why is Harbin VITI Electronics Corp. ?

Poor Management Efficiency with a low ROCE of 0.16%

The company has been able to generate a Return on Capital Employed (avg) of 0.16% signifying low profitability per unit of total capital (equity and debt)

Poor long term growth as Net Sales has grown by an annual rate of 6.67% and Operating profit at -256.21% over the last 5 years

With ROE of -0.03%, it has a risky valuation with a 3.05 Price to Book Value

Over the past year, while the stock has generated a return of 76.53%, its profits have risen by 97.9%

Real-Time Research Report

Verdict Report

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 Auto Components & Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Harbin VITI Electronics Corp. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Harbin VITI Electronics Corp.

3.69%

3.84

51.19%

China Shanghai Composite

21.43%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

18.09%

EBIT Growth (5y)

-226.49%

EBIT to Interest (avg)

-11.75

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

-0.66

Sales to Capital Employed (avg)

0.13

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

0.16%

ROE (avg)

0.52%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

2.85

EV to EBIT

-217.24

EV to EBITDA

168.79

EV to Capital Employed

5.40

EV to Sales

9.35

PEG Ratio

Dividend Yield

ROCE (Latest)

-2.49%

ROE (Latest)

-0.29%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

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

13What is working for the Company

NET SALES(HY)

At CNY 114.33 MM has Grown at 99.93%

INVENTORY TURNOVER RATIO(HY)

Highest at 1.67 times

RAW MATERIAL COST(Y)

Fallen by -12.41% (YoY

-30What is not working for the Company

INTEREST(9M)

At CNY 0.51 MM has Grown at 92,348.8%

OPERATING CASH FLOW(Y)

Lowest at CNY -36.44 MM

DEBT-EQUITY RATIO (HY)

Highest at -57.15 %

NET SALES(Q)

Lowest at CNY 31.28 MM

OPERATING PROFIT(Q)

Lowest at CNY -6.34 MM

OPERATING PROFIT MARGIN(Q)

Lowest at -20.28 %

PRE-TAX PROFIT(Q)

Lowest at CNY -5.25 MM

NET PROFIT(Q)

Lowest at CNY -3.16 MM

EPS(Q)

Lowest at CNY -0.01

Here's what is working for Harbin VITI Electronics Corp.

Inventory Turnover Ratio

Highest at 1.67 times and Grown

In each half year in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -12.41% (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 Harbin VITI Electronics Corp.

Interest

At CNY 0.51 MM has Grown at 92,348.8%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Pre-Tax Profit

At CNY -5.25 MM has Fallen at -2,850.52%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY -3.16 MM has Fallen at -494.23%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Cash Flow

Lowest at CNY -36.44 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Net Sales

At CNY 31.28 MM has Fallen at -18.03%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very negative

Net Sales (CNY MM)

Net Sales

Lowest at CNY 31.28 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit

Lowest at CNY -6.34 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at -20.28 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at CNY -5.25 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY -3.16 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY -0.01

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Debt-Equity Ratio

Highest at -57.15 %

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