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 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 Pharmaceuticals & Biotechnology)

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

Is iRay Technology Co., Ltd. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

iRay Technology Co., Ltd.

76.09%

-0.07

51.97%

China Shanghai Composite

19.22%

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)

22.99%

EBIT Growth (5y)

18.57%

EBIT to Interest (avg)

50.07

Debt to EBITDA (avg)

0.83

Net Debt to Equity (avg)

0.29

Sales to Capital Employed (avg)

0.24

Tax Ratio

11.38%

Dividend Payout Ratio

22.29%

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

5.40

EV to EBIT

57.55

EV to EBITDA

46.42

EV to Capital Employed

4.86

EV to Sales

14.60

PEG Ratio

8.62

Dividend Yield

0.41%

ROCE (Latest)

8.45%

ROE (Latest)

10.61%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

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

20What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 1,301.2 MM

NET PROFIT(HY)

At CNY 357.56 MM has Grown at 49.65%

NET SALES(Q)

At CNY 686.17 MM has Grown at 43.55%

CASH AND EQV(HY)

Highest at CNY 7,470.87 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 1.47 times

DEBTORS TURNOVER RATIO(HY)

Highest at 2.61 times

-15What is not working for the Company

INTEREST COVERAGE RATIO(Q)

Lowest at 514.43

INTEREST(Q)

Highest at CNY 31.44 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 23.57 %

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

Operating Cash Flow

Highest at CNY 1,301.2 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 686.17 MM has Grown at 43.55%

Year on Year (YoY)

MOJO Watch

Near term sales trend is very positive

Net Sales (CNY MM)

Net Profit

At CNY 357.56 MM has Grown at 49.65%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Cash and Eqv

Highest at CNY 7,470.87 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 1.47 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio

Highest at 2.61 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

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

Interest

At CNY 31.44 MM has Grown at 275.25%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 514.43

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Interest

Highest at CNY 31.44 MM

in the last five periods and Increased by 275.25% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Operating Profit Margin

Lowest at 23.57 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales