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

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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 20.57% and Operating profit at 15.21% over the last 5 years

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

DEBTORS TURNOVER RATIO(HY) Lowest at 1.81%

With ROE of 9.68%, it has a very expensive valuation with a 4.61 Price to Book Value

Over the past year, while the stock has generated a return of 26.81%, 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 26.81% in the last 1 year, much higher than market (China Shanghai Composite) returns of 14.77%

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.

29.9%

-0.41

52.22%

China Shanghai Composite

15.19%

1.01

14.58%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

20.57%

EBIT Growth (5y)

15.21%

EBIT to Interest (avg)

50.07

Debt to EBITDA (avg)

0.83

Net Debt to Equity (avg)

0.29

Sales to Capital Employed (avg)

0.27

Tax Ratio

11.38%

Dividend Payout Ratio

21.90%

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

4.61

EV to EBIT

60.37

EV to EBITDA

44.71

EV to Capital Employed

3.94

EV to Sales

12.64

PEG Ratio

Dividend Yield

0.64%

ROCE (Latest)

6.52%

ROE (Latest)

9.68%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

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

13What is working for the Company

OPERATING CASH FLOW(Y)

Highest at CNY 1,024.45 MM

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by -1.21% (YoY

INVENTORY TURNOVER RATIO(HY)

Highest at 1.25%

NET SALES(Q)

Highest at CNY 579.36 MM

OPERATING PROFIT(Q)

Highest at CNY 219.45 MM

OPERATING PROFIT MARGIN(Q)

Highest at 37.88 %

PRE-TAX PROFIT(Q)

Highest at CNY 219.9 MM

NET PROFIT(Q)

Highest at CNY 196.43 MM

EPS(Q)

Highest at CNY 0.96

-1What is not working for the Company

DEBTORS TURNOVER RATIO(HY)

Lowest at 1.81%

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

Operating Cash Flow

Highest at CNY 1,024.45 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

Highest at CNY 579.36 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Operating Profit

Highest at CNY 219.45 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin

Highest at 37.88 %

in the last five periods

MOJO Watch

Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit

Highest at CNY 219.9 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 196.43 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

EPS

Highest at CNY 0.96

in the last five periods

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (CNY)

Inventory Turnover Ratio

Highest at 1.25%

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Raw Material Cost

Fallen by -1.21% (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 iRay Technology Co., Ltd.

Debtors Turnover Ratio

Lowest at 1.81%

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling Debtors has slowed

Debtors Turnover Ratio