Why is Jason Furniture (Hangzhou) Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 12.07% and Operating profit at 9.78% over the last 5 years
- RAW MATERIAL COST(Y) Fallen by -1.18% (YoY)
- NET SALES(Q) Highest at CNY 4,876.96 MM
- PRE-TAX PROFIT(Q) Highest at CNY 677.12 MM
2
With ROE of 16.18%, it has a fair valuation with a 2.61 Price to Book Value
- Over the past year, while the stock has generated a return of 8.78%, its profits have fallen by -21.6%
- At the current price, the company has a high dividend yield of 4.4
How much should you hold?
- Overall Portfolio exposure to Jason Furniture (Hangzhou) Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Furniture, Home Furnishing should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Furniture, Home Furnishing)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Jason Furniture (Hangzhou) Co., Ltd. for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Jason Furniture (Hangzhou) Co., Ltd.
8.78%
-0.32
31.63%
China Shanghai Composite
14.77%
1.01
14.58%
Quality key factors
Factor
Value
Sales Growth (5y)
12.07%
EBIT Growth (5y)
9.78%
EBIT to Interest (avg)
27.72
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.14
Sales to Capital Employed (avg)
1.61
Tax Ratio
23.86%
Dividend Payout Ratio
79.14%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
26.21%
ROE (avg)
19.18%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
2.61
EV to EBIT
12.71
EV to EBITDA
9.51
EV to Capital Employed
3.04
EV to Sales
1.22
PEG Ratio
NA
Dividend Yield
4.44%
ROCE (Latest)
23.90%
ROE (Latest)
16.18%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
5What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -1.18% (YoY
NET SALES(Q)
Highest at CNY 4,876.96 MM
PRE-TAX PROFIT(Q)
Highest at CNY 677.12 MM
NET PROFIT(Q)
Highest at CNY 519.06 MM
EPS(Q)
Highest at CNY 0.64
-8What is not working for the Company
NET PROFIT(HY)
At CNY 576.44 MM has Grown at -37.69%
ROCE(HY)
Lowest at 14.88%
Here's what is working for Jason Furniture (Hangzhou) Co., Ltd.
Net Sales
Highest at CNY 4,876.96 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (CNY MM)
Pre-Tax Profit
Highest at CNY 677.12 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (CNY MM)
Net Profit
Highest at CNY 519.06 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.64
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Raw Material Cost
Fallen by -1.18% (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






