Hefei Meyer Optoelectronic Technology, Inc. (002690) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Comparison

Company

Score

Quality

Valuation

Financial

Technical

Hefei Meyer Optoelectronic Technology, Inc.

Why is Hefei Meyer Optoelectronic Technology, Inc. ?

Positive results in Mar 25

OPERATING CASH FLOW(Y) Highest at CNY 997.27 MM
INVENTORY TURNOVER RATIO(HY) Highest at 2.87%
RAW MATERIAL COST(Y) Fallen by -3.61% (YoY)

With ROE of 27.10%, it has a attractive valuation with a 3.72 Price to Book Value

Over the past year, while the stock has generated a return of 26.73%, its profits have risen by 1.4% ; the PEG ratio of the company is 9.6
At the current price, the company has a high dividend yield of 3.2

Majority shareholders : FIIs

Market Beating Performance

The stock has generated a return of 26.73% in the last 1 year, much higher than market (China Shanghai Composite) returns of 15.18%

Real-Time Research Report

Verdict Report

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, Medium Return

Absolute

Risk Adjusted

Volatility

Hefei Meyer Optoelectronic Technology, Inc.

37.92%

0.84

29.97%

China Shanghai Composite

14.77%

1.01

15.10%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

10.96%

EBIT Growth (5y)

9.02%

EBIT to Interest (avg)

100.00

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.64

Sales to Capital Employed (avg)

0.84

Tax Ratio

12.88%

Dividend Payout Ratio

94.95%

Pledged Shares

Institutional Holding

0.09%

ROCE (avg)

48.39%

ROE (avg)

23.15%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

3.72

EV to EBIT

12.27

EV to EBITDA

11.63

EV to Capital Employed

8.22

EV to Sales

3.26

PEG Ratio

9.60

Dividend Yield

3.24%

ROCE (Latest)

67.03%

ROE (Latest)

27.10%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bullish

No Trend

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

8What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 997.27 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 2.87%

RAW MATERIAL COST(Y)

Fallen by -3.61% (YoY

CASH AND EQV(HY)

Highest at CNY 3,787.56 MM

DEBT-EQUITY RATIO (HY)

Lowest at -63.55 %

-7What is not working for the Company

NET SALES(Q)

At CNY 388.9 MM has Fallen at -32.16%

ROCE(HY)

Lowest at 22.88%

PRE-TAX PROFIT(Q)

At CNY 128.38 MM has Fallen at -30.95%

NET PROFIT(Q)

At CNY 108.1 MM has Fallen at -33.34%

Here's what is working for Hefei Meyer Optoelectronic Technology, Inc.

Operating Cash Flow

Highest at CNY 997.27 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (CNY MM)

Inventory Turnover Ratio

Highest at 2.87% 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

Cash and Eqv

Highest at CNY 3,787.56 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at -63.55 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Raw Material Cost

Fallen by -3.61% (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 388.9 MM has Fallen at -32.16%

over average net sales of the previous four periods of CNY 573.28 MM

MOJO Watch

Near term sales trend is extremely negative

Net Sales (CNY MM)

Pre-Tax Profit

At CNY 128.38 MM has Fallen at -30.95%

over average net sales of the previous four periods of CNY 185.92 MM

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 108.1 MM has Fallen at -33.34%

over average net sales of the previous four periods of CNY 162.16 MM

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)