Why is Henan Tong-da Cable Co., Ltd. ?
1
The company has declared positive results for the last 6 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at CNY 645.11 MM
- NET SALES(9M) At CNY 5,987.97 MM has Grown at 18.9%
- NET PROFIT(HY) At CNY 64.02 MM has Grown at 70.68%
2
With ROE of 6.84%, it has a attractive valuation with a 1.89 Price to Book Value
- Over the past year, while the stock has generated a return of 63.97%, its profits have risen by 81.9% ; the PEG ratio of the company is 0.3
- At the current price, the company has a high dividend yield of 0.7
3
Market Beating performance in long term as well as near term
- Along with generating 63.97% returns in the last 1 year, the stock has outperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
How much should you buy?
- Overall Portfolio exposure to Henan Tong-da Cable Co., Ltd. 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 Henan Tong-da Cable Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Henan Tong-da Cable Co., Ltd.
63.97%
0.91
60.84%
China Shanghai Composite
21.43%
1.55
13.83%
Quality key factors
Factor
Value
Sales Growth (5y)
32.49%
EBIT Growth (5y)
12.71%
EBIT to Interest (avg)
3.28
Debt to EBITDA (avg)
3.70
Net Debt to Equity (avg)
0.40
Sales to Capital Employed (avg)
1.45
Tax Ratio
20.72%
Dividend Payout Ratio
23.18%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.55%
ROE (avg)
2.97%
Valuation Key Factors 
Factor
Value
P/E Ratio
28
Industry P/E
Price to Book Value
1.89
EV to EBIT
28.92
EV to EBITDA
21.21
EV to Capital Employed
1.67
EV to Sales
0.75
PEG Ratio
0.34
Dividend Yield
0.72%
ROCE (Latest)
5.77%
ROE (Latest)
6.84%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bearish
Technical Movement
15What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 645.11 MM
NET SALES(9M)
At CNY 5,987.97 MM has Grown at 18.9%
NET PROFIT(HY)
At CNY 64.02 MM has Grown at 70.68%
ROCE(HY)
Highest at 6.57%
RAW MATERIAL COST(Y)
Fallen by -17.23% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 4.09 times
-4What is not working for the Company
NET SALES(Q)
At CNY 1,606.88 MM has Fallen at -19.61%
OPERATING PROFIT MARGIN(Q)
Lowest at 2.62 %
Here's what is working for Henan Tong-da Cable Co., Ltd.
Operating Cash Flow
Highest at CNY 645.11 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Net Profit
At CNY 64.02 MM has Grown at 70.68%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Debtors Turnover Ratio
Highest at 4.09 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 -17.23% (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 Henan Tong-da Cable Co., Ltd.
Net Sales
At CNY 1,606.88 MM has Fallen at -19.61%
over average net sales of the previous four periods of CNY 1,998.9 MMMOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Operating Profit Margin
Lowest at 2.62 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales






