Why is HLA Group Corp. Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 1.70% and Operating profit at -0.14% over the last 5 years
2
With a fall in Net Sales of -12.84%, the company declared Very Negative results in Mar 25
- NET PROFIT(9M) At CNY 1,438.82 MM has Grown at -33.72%
- OPERATING CASH FLOW(Y) Lowest at CNY 2,537.61 MM
- ROCE(HY) Lowest at 11.79%
3
Underperformed the market in the last 1 year
- The stock has generated a return of 0.32% in the last 1 year, much lower than market (China Shanghai Composite) returns of 14.77%
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 Footwear)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is HLA Group Corp. Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
HLA Group Corp. Ltd.
0.32%
-0.88
36.67%
China Shanghai Composite
14.77%
1.01
14.58%
Quality key factors
Factor
Value
Sales Growth (5y)
1.70%
EBIT Growth (5y)
-0.14%
EBIT to Interest (avg)
19.94
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.30
Sales to Capital Employed (avg)
1.05
Tax Ratio
20.33%
Dividend Payout Ratio
89.13%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
37.25%
ROE (avg)
14.50%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
1.59
EV to EBIT
8.70
EV to EBITDA
5.32
EV to Capital Employed
1.88
EV to Sales
1.07
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
21.63%
ROE (Latest)
11.96%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
6What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -2.28% (YoY
NET SALES(Q)
At CNY 6,143.58 MM has Grown at 17.92%
PRE-TAX PROFIT(Q)
Highest at CNY 1,162.21 MM
NET PROFIT(Q)
Highest at CNY 932.41 MM
-8What is not working for the Company
NET PROFIT(9M)
At CNY 1,438.82 MM has Grown at -33.72%
OPERATING CASH FLOW(Y)
Lowest at CNY 2,537.61 MM
ROCE(HY)
Lowest at 11.79%
CASH AND EQV(HY)
Lowest at CNY 15,895.75 MM
Here's what is working for HLA Group Corp. Ltd.
Net Sales
At CNY 6,143.58 MM has Grown at 17.92%
over average net sales of the previous four periods of CNY 5,210.09 MMMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Pre-Tax Profit
Highest at CNY 1,162.21 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Pre-Tax Profit
At CNY 1,162.21 MM has Grown at 69.67%
over average net sales of the previous four periods of CNY 685 MMMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 932.41 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Net Profit
At CNY 932.41 MM has Grown at 75%
over average net sales of the previous four periods of CNY 532.79 MMMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
Raw Material Cost
Fallen by -2.28% (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 HLA Group Corp. Ltd.
Operating Cash Flow
Lowest at CNY 2,537.61 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Cash and Eqv
Lowest at CNY 15,895.75 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






