HiVi Acoustics Technology Co., Ltd. (002888) 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

HiVi Acoustics Technology Co., Ltd.

Why is HiVi Acoustics Technology Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 2.44% and Operating profit at 11.65% over the last 5 years

With ROE of 5.59%, it has a expensive valuation with a 3.89 Price to Book Value

Over the past year, while the stock has generated a return of -5.61%, its profits have risen by 474.5% ; the PEG ratio of the company is 0.2
At the current price, the company has a high dividend yield of 2.1

Underperformed the market in the last 1 year

Even though the market (China Shanghai Composite) has generated returns of 15.18% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -5.61% returns

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 Electronics & Appliances)

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

Is HiVi Acoustics Technology Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

HiVi Acoustics Technology Co., Ltd.

-1.15%

1.59

41.28%

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)

2.44%

EBIT Growth (5y)

11.65%

EBIT to Interest (avg)

3.28

Debt to EBITDA (avg)

Net Debt to Equity (avg)

-0.55

Sales to Capital Employed (avg)

0.61

Tax Ratio

13.42%

Dividend Payout Ratio

303.12%

Pledged Shares

Institutional Holding

ROCE (avg)

4.62%

ROE (avg)

2.92%

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

3.89

EV to EBIT

48.58

EV to EBITDA

31.87

EV to Capital Employed

6.54

EV to Sales

4.33

PEG Ratio

0.15

Dividend Yield

2.07%

ROCE (Latest)

13.46%

ROE (Latest)

5.59%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bullish

OBV

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

24What is working for the Company

NET SALES(HY)

At CNY 154.9 MM has Grown at 46.57%

NET PROFIT(HY)

At CNY 7.54 MM has Grown at 175.17%

ROCE(HY)

Highest at 3.46%

INVENTORY TURNOVER RATIO(HY)

Highest at 2.3%

RAW MATERIAL COST(Y)

Fallen by 0.76% (YoY

DEBT-EQUITY RATIO (HY)

Lowest at -54.81 %

DEBTORS TURNOVER RATIO(HY)

Highest at 38.61%

-10What is not working for the Company

NET SALES(Q)

At CNY 55.68 MM has Fallen at -16.72%

PRE-TAX PROFIT(Q)

At CNY 0.16 MM has Fallen at -94.37%

NET PROFIT(Q)

At CNY 0.64 MM has Fallen at -73.35%

OPERATING PROFIT(Q)

Lowest at CNY -1.79 MM

Here's what is working for HiVi Acoustics Technology Co., Ltd.

Inventory Turnover Ratio

Highest at 2.3% 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

Debt-Equity Ratio

Lowest at -54.81 %

in the last five Semi-Annual periods

MOJO Watch

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

Debt-Equity Ratio

Debtors Turnover Ratio

Highest at 38.61%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost

Fallen by 0.76% (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 HiVi Acoustics Technology Co., Ltd.

Net Sales

At CNY 55.68 MM has Fallen at -16.72%

over average net sales of the previous four periods of CNY 66.86 MM

MOJO Watch

Near term sales trend is extremely negative

Net Sales (CNY MM)

Pre-Tax Profit

At CNY 0.16 MM has Fallen at -94.37%

over average net sales of the previous four periods of CNY 2.84 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 0.64 MM has Fallen at -73.35%

over average net sales of the previous four periods of CNY 2.42 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Profit

Lowest at CNY -1.79 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)