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Irico Display Devices Co., Ltd.

  • Market Cap: Large Cap
  • Industry: Electronics & Appliances
  • ISIN: CNE000000KG2
  • SHG: 600707
CNY
9.49
-0.31 (-3.16%)

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
Irico Display Devices Co., Ltd.

Why is Irico Display Devices Co., Ltd. ?

1
Poor Management Efficiency with a low ROCE of 3.64%
  • The company has been able to generate a Return on Capital Employed (avg) of 3.64% 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 -2.64% and Operating profit at -22.85% over the last 5 years
  • The company is Net-Debt Free
  • The company has been able to generate a Return on Equity (avg) of 4.04% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of -2.64% and Operating profit at -22.85% over the last 5 years
4
Flat results in Jun 26
  • NET PROFIT(HY) At CNY 99.97 MM has Grown at -77.87%
  • OPERATING CASH FLOW(Y) Lowest at CNY 4,041.93 MM
  • ROCE(HY) Lowest at 0.1%
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 Electronics & Appliances)

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

Is Irico Display Devices Co., Ltd. for you?

High Risk, High Return

Absolute
Risk Adjusted
Volatility
Irico Display Devices Co., Ltd.
54.81%
0.55
67.16%
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)
-2.64%
EBIT Growth (5y)
-22.85%
EBIT to Interest (avg)
1.02
Debt to EBITDA (avg)
5.28
Net Debt to Equity (avg)
0.28
Sales to Capital Employed (avg)
0.34
Tax Ratio
18.30%
Dividend Payout Ratio
67.11%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.13%
ROE (avg)
4.04%
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
292
Industry P/E
Price to Book Value
2.30
EV to EBIT
158.35
EV to EBITDA
18.22
EV to Capital Employed
2.25
EV to Sales
4.60
PEG Ratio
NA
Dividend Yield
0.50%
ROCE (Latest)
1.42%
ROE (Latest)
0.79%
stock-recommendationTechnicals

Technical key factors

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

13What is working for the Company
NET PROFIT(Q)

At CNY 94.44 MM has Grown at 557.37%

DEBT-EQUITY RATIO (HY)

Lowest at 4.34 %

RAW MATERIAL COST(Y)

Fallen by -10.07% (YoY

DEBTORS TURNOVER RATIO(HY)

Highest at 5.64 times

OPERATING PROFIT(Q)

Highest at CNY 1,078.65 MM

OPERATING PROFIT MARGIN(Q)

Highest at 38.3 %

PRE-TAX PROFIT(Q)

Highest at CNY 153.38 MM

-15What is not working for the Company
NET PROFIT(HY)

At CNY 99.97 MM has Grown at -77.87%

OPERATING CASH FLOW(Y)

Lowest at CNY 4,041.93 MM

ROCE(HY)

Lowest at 0.1%

INVENTORY TURNOVER RATIO(HY)

Lowest at 7.12 times

Here's what is working for Irico Display Devices Co., Ltd.

Pre-Tax Profit
At CNY 153.38 MM has Grown at 229.1%
over average net sales of the previous four periods of CNY 46.61 MM
MOJO Watch
Near term Pre-Tax Profit trend is very positive

Pre-Tax Profit (CNY MM)

Net Profit
At CNY 94.44 MM has Grown at 557.37%
over average net sales of the previous four periods of CNY 14.37 MM
MOJO Watch
Near term Net Profit trend is very positive

Net Profit (CNY MM)

Debt-Equity Ratio
Lowest at 4.34 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Operating Profit
Highest at CNY 1,078.65 MM
in the last five periods
MOJO Watch
Near term Operating Profit trend is positive

Operating Profit (CNY MM)

Operating Profit Margin
Highest at 38.3 %
in the last five periods
MOJO Watch
Company's profit margin has improved

Operating Profit to Sales

Pre-Tax Profit
Highest at CNY 153.38 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Debtors Turnover Ratio
Highest at 5.64 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Raw Material Cost
Fallen by -10.07% (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

Depreciation
Highest at CNY 846.62 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (CNY MM)

Depreciation
At CNY 846.62 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 Irico Display Devices Co., Ltd.

Operating Cash Flow
Lowest at CNY 4,041.93 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (CNY MM)

Inventory Turnover Ratio
Lowest at 7.12 times and Fallen
In each half year in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling inventory has slowed

Inventory Turnover Ratio

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