down arrow

Hongda High-Tech Holding Co., Ltd.

  • Market Cap: Small Cap
  • Industry: Garments & Apparels
  • ISIN: CNE1000005W3
  • SHE: 002144
CNY
10.84
-0.06 (-0.55%)

Sep 23

SHE

 View all stocks in this country
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Hongda High-Tech Holding Co., Ltd.

Why is Hongda High-Tech Holding Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 1.74%
  • The company has been able to generate a Return on Capital Employed (avg) of 1.74% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of -0.69% and Operating profit at -22.10% over the last 5 years
3
Negative results in Mar 26
  • INTEREST(HY) At CNY 0.04 MM has Grown at 180.94%
  • OPERATING CASH FLOW(Y) Lowest at CNY 85.89 MM
  • CASH AND EQV(HY) Lowest at CNY 521.75 MM
4
Below par performance in long term as well as near term
  • Along with generating -11.83% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. 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 Garments & Apparels)

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

Is Hongda High-Tech Holding Co., Ltd. for you?

Medium Risk, Medium Return

Absolute
Risk Adjusted
Volatility
Hongda High-Tech Holding Co., Ltd.
-12.3%
0.65
33.22%
China Shanghai Composite
3.0%
1.20
14.07%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
-0.69%
EBIT Growth (5y)
-22.10%
EBIT to Interest (avg)
13.85
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.11
Sales to Capital Employed (avg)
0.26
Tax Ratio
12.79%
Dividend Payout Ratio
20.43%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.45%
ROE (avg)
3.98%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

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

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
47
Industry P/E
Price to Book Value
0.82
EV to EBIT
234.52
EV to EBITDA
53.86
EV to Capital Employed
0.80
EV to Sales
3.33
PEG Ratio
1.30
Dividend Yield
0.50%
ROCE (Latest)
0.34%
ROE (Latest)
1.74%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company
NET PROFIT(9M)

At CNY 6.8 MM has Grown at 102.04%

-26What is not working for the Company
INTEREST(HY)

At CNY 0.12 MM has Grown at 359.33%

NET SALES(HY)

At CNY 211.07 MM has Grown at -16.68%

NET PROFIT(HY)

At CNY 23.23 MM has Grown at -43.28%

OPERATING CASH FLOW(Y)

Lowest at CNY 82.71 MM

ROCE(HY)

Lowest at 1.21%

RAW MATERIAL COST(Y)

Grown by 9.13% (YoY

CASH AND EQV(HY)

Lowest at CNY 560.61 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 2.8 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 3.11 times

Here's what is not working for Hongda High-Tech Holding Co., Ltd.

Interest
At CNY 0.12 MM has Grown at 359.33%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Net Sales
At CNY 211.07 MM has Grown at -16.68%
Year on Year (YoY)
MOJO Watch
Near term sales trend is very negative

Net Sales (CNY MM)

Net Profit
At CNY 23.23 MM has Grown at -43.28%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Cash Flow
Lowest at CNY 82.71 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Cash and Eqv
Lowest at CNY 560.61 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio
Lowest at 2.8 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

Debtors Turnover Ratio
Lowest at 3.11 times
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost
Grown by 9.13% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales

Non Operating Income
Highest at CNY 0.65 MM
in the last five periods
MOJO Watch
Increased income from non business activities may not be sustainable

Non Operating income

Footer loading