iRay Technology Co., Ltd. (688301) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

iRay Technology Co., Ltd.

Why is iRay Technology Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 23.97% and Operating profit at 20.51% over the last 5 years

The company has declared Negative results for the last 3 consecutive quarters

DIVIDEND PER SHARE(HY) Lowest at CNY 0
DIVIDEND PAYOUT RATIO(Y) Lowest at 0%
RAW MATERIAL COST(Y) Grown by 102.8% (YoY)

With ROE of 9.68%, it has a very expensive valuation with a 4.69 Price to Book Value

Over the past year, while the stock has generated a return of 58.59%, its profits have fallen by -27.8%
At the current price, the company has a high dividend yield of 0.6

Market Beating Performance

The stock has generated a return of 58.59% in the last 1 year, much higher than market (China Shanghai Composite) returns of 22.49%

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to iRay Technology Co., Ltd. should be less than 10%
Overall Portfolio exposure to Pharmaceuticals & Biotechnology should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Pharmaceuticals & Biotechnology)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is iRay Technology Co., Ltd. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

iRay Technology Co., Ltd.

32.61%

-0.07

51.97%

China Shanghai Composite

15.45%

1.58

14.20%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

23.97%

EBIT Growth (5y)

20.51%

EBIT to Interest (avg)

50.07

Debt to EBITDA (avg)

0.83

Net Debt to Equity (avg)

0.29

Sales to Capital Employed (avg)

0.26

Tax Ratio

11.38%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

32.57%

ROE (avg)

13.25%

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

4.69

EV to EBIT

61.38

EV to EBITDA

45.46

EV to Capital Employed

4.00

EV to Sales

12.85

PEG Ratio

Dividend Yield

0.63%

ROCE (Latest)

6.52%

ROE (Latest)

9.68%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

Mildly Bearish

Bullish

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

23What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 1,192.65 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

NET SALES(Q)

Highest at CNY 749.88 MM

NET PROFIT(Q)

Highest at CNY 204.54 MM

-8What is not working for the Company

DIVIDEND PER SHARE(HY)

Lowest at CNY 0

DIVIDEND PAYOUT RATIO(Y)

Lowest at 0%

RAW MATERIAL COST(Y)

Grown by 102.8% (YoY

CASH AND EQV(HY)

Lowest at CNY 3,406.74 MM

INVENTORY TURNOVER RATIO(HY)

Lowest at 0 times

DEBTORS TURNOVER RATIO(HY)

Lowest at 0 times

EPS(Q)

Lowest at CNY 0

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

Operating Cash Flow

Highest at CNY 1,192.65 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)

Net Sales

At CNY 749.88 MM has Grown at 57.8%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (CNY MM)

Net Profit

At CNY 204.54 MM has Grown at 114.97%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very positive

Net Profit (CNY MM)

Net Sales

Highest at CNY 749.88 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Net Profit

Highest at CNY 204.54 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Here's what is not working for iRay Technology Co., Ltd.

Dividend per share

Lowest at CNY 0 and Fallen

In each year in the last five years

MOJO Watch

Company is distributing lower dividend than previous years

DPS (CNY)

EPS

Lowest at CNY 0

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Cash and Eqv

Lowest at CNY 3,406.74 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Inventory Turnover Ratio

Lowest at 0 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 0 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Dividend Payout Ratio

Lowest at 0%

in the last five years

MOJO Watch

Company is distributing lower proportion of profits generated as dividend

DPR (%)

Raw Material Cost

Grown by 102.8% (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