Why is Hefei Meyer Optoelectronic Technology, Inc. ?
1
With ROE of 23.88%, it has a very attractive valuation with a 2.09 Price to Book Value
- Over the past year, while the stock has generated a return of -14.27%, its profits have risen by 10.2% ; the PEG ratio of the company is 0.9
- At the current price, the company has a high dividend yield of 4.8
2
Majority shareholders : FIIs
How much should you buy?
- Overall Portfolio exposure to Hefei Meyer Optoelectronic Technology, Inc. should be less than 10%
- Overall Portfolio exposure to Electronics & Appliances should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Electronics & Appliances)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Hefei Meyer Optoelectronic Technology, Inc. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Hefei Meyer Optoelectronic Technology, Inc.
-17.01%
-0.40
28.05%
China Shanghai Composite
21.43%
1.55
13.83%
Quality key factors
Factor
Value
Sales Growth (5y)
7.43%
EBIT Growth (5y)
7.49%
EBIT to Interest (avg)
100.00
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.64
Sales to Capital Employed (avg)
0.85
Tax Ratio
12.88%
Dividend Payout Ratio
85.88%
Pledged Shares
0
Institutional Holding
0.09%
ROCE (avg)
48.39%
ROE (avg)
23.15%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
2.09
EV to EBIT
5.96
EV to EBITDA
5.75
EV to Capital Employed
4.35
EV to Sales
1.77
PEG Ratio
0.86
Dividend Yield
4.78%
ROCE (Latest)
73.10%
ROE (Latest)
23.88%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
7What is working for the Company
DEBT-EQUITY RATIO
(HY)
Lowest at -67.45 %
INVENTORY TURNOVER RATIO(HY)
Highest at 3.07 times
RAW MATERIAL COST(Y)
Fallen by -8.37% (YoY
CASH AND EQV(HY)
Highest at CNY 4,233.69 MM
DEBTORS TURNOVER RATIO(HY)
Highest at 6.08 times
-6What is not working for the Company
NET SALES(Q)
At CNY 402.14 MM has Fallen at -33.17%
OPERATING PROFIT MARGIN(Q)
Lowest at 27.88 %
PRE-TAX PROFIT(Q)
At CNY 134.6 MM has Fallen at -34.51%
NET PROFIT(Q)
At CNY 113.94 MM has Fallen at -36.4%
Here's what is working for Hefei Meyer Optoelectronic Technology, Inc.
Debt-Equity Ratio
Lowest at -67.45 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 3.07 times and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Cash and Eqv
Highest at CNY 4,233.69 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debtors Turnover Ratio
Highest at 6.08 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -8.37% (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 Hefei Meyer Optoelectronic Technology, Inc.
Net Sales
At CNY 402.14 MM has Fallen at -33.17%
over average net sales of the previous four periods of CNY 601.72 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Operating Profit Margin
Lowest at 27.88 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Pre-Tax Profit
At CNY 134.6 MM has Fallen at -34.51%
over average net sales of the previous four periods of CNY 205.51 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
At CNY 113.94 MM has Fallen at -36.4%
over average net sales of the previous four periods of CNY 179.16 MMMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)






