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iReader Technology Co., Ltd.

  • Market Cap: Mid Cap
  • Industry: Software Products
  • ISIN: CNE100002VN0
  • SHG: 603533
CNY
22.37
-0.18 (-0.8%)

Sep 24

SHG

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  • 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
iReader Technology Co., Ltd.

Why is iReader Technology Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 22.39%
  • The company has been able to generate a Return on Capital Employed (avg) of 22.39% signifying low profitability per unit of total capital (equity and debt)
2
The company is Net-Debt Free
  • Poor long term growth as Net Sales has grown by an annual rate of 9.85% and Operating profit at -193.06% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 3.78% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 9.85% and Operating profit at -193.06% over the last 5 years
4
Risky -
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of 19.59%, its profits have fallen by -364.2%
  • At the current price, the company has a high dividend yield of 0
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 Software Products)

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

Is iReader Technology Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
iReader Technology Co., Ltd.
15.19%
0.48
63.01%
China Shanghai Composite
0.9%
0.22
14.72%
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)
9.85%
EBIT Growth (5y)
-193.06%
EBIT to Interest (avg)
-46.29
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.79
Sales to Capital Employed (avg)
1.19
Tax Ratio
6.41%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
2.69%
ROE (avg)
3.78%
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
NA (Loss Making)
Industry P/E
Price to Book Value
3.83
EV to EBIT
-40.58
EV to EBITDA
-60.50
EV to Capital Employed
11.49
EV to Sales
2.09
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-28.30%
ROE (Latest)
-6.08%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
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

11What is working for the Company
NET PROFIT(HY)

Higher at CNY -54.65 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 12,244.83 times

NET SALES(Q)

Highest at CNY 989.31 MM

-3What is not working for the Company
RAW MATERIAL COST(Y)

Grown by 6.6% (YoY

CASH AND EQV(HY)

Lowest at CNY 3,278.95 MM

DEBT-EQUITY RATIO (HY)

Highest at -69.69 %

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

Net Profit
Higher at CNY -54.65 MM
than preceding 12 month period ended Jun 2026
MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months

Net Profit (CNY MM)

Net Profit
At CNY -54.65 MM has Grown at 66.25%
Year on Year (YoY)
MOJO Watch
Near term Net Profit trend is positive

Net Profit (CNY MM)

Net Sales
Highest at CNY 989.31 MM
in the last five periods
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Net Sales
At CNY 989.31 MM has Grown at 16.59%
over average net sales of the previous four periods of CNY 848.5 MM
MOJO Watch
Near term sales trend is positive

Net Sales (CNY MM)

Inventory Turnover Ratio
Highest at 12,244.83 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Depreciation
At CNY 6.89 MM has Grown at inf%
period on period (QoQ)
MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (CNY MM)

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

Cash and Eqv
Lowest at CNY 3,278.95 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is deteriorating

Cash and Cash Equivalents

Debt-Equity Ratio
Highest at -69.69 %
in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Raw Material Cost
Grown by 6.6% (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

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