Jiangsu Changbao Steeltube Co., Ltd. (002478) 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

Jiangsu Changbao Steeltube Co., Ltd.

Why is Jiangsu Changbao Steeltube Co., Ltd. ?

Poor long term growth as Net Sales has grown by an annual rate of 8.87% and Operating profit at 14.60% over the last 5 years

Flat results in Mar 26

ROCE(HY) Lowest at 7.41%
NET SALES(Q) At CNY 1,330.41 MM has Fallen at -9.62%
OPERATING PROFIT(Q) Lowest at CNY 91.78 MM

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 Ferrous Metals)

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

Is Jiangsu Changbao Steeltube Co., Ltd. for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Jiangsu Changbao Steeltube Co., Ltd.

33.33%

0.56

52.21%

China Shanghai Composite

20.71%

1.51

13.68%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

8.87%

EBIT Growth (5y)

14.60%

EBIT to Interest (avg)

76.13

Debt to EBITDA (avg)

0.37

Net Debt to Equity (avg)

-0.21

Sales to Capital Employed (avg)

0.81

Tax Ratio

11.57%

Dividend Payout Ratio

37.04%

Pledged Shares

Institutional Holding

ROCE (avg)

8.85%

ROE (avg)

9.65%

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

0.82

EV to EBIT

7.62

EV to EBITDA

5.61

EV to Capital Employed

0.77

EV to Sales

0.62

PEG Ratio

Dividend Yield

ROCE (Latest)

10.11%

ROE (Latest)

7.55%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Sideways

Moving Averages

Mildly Bullish (Daily)

KST

Bearish

Bullish

Dow Theory

No Trend

Mildly Bearish

OBV

Mildly Bearish

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

6What is working for the Company

INTEREST COVERAGE RATIO(Q)

The company hardly has any interest cost

RAW MATERIAL COST(Y)

Fallen by 1.97% (YoY

CASH AND EQV(HY)

Highest at CNY 6,082.09 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.24 times

DEBTORS TURNOVER RATIO(HY)

Highest at 4.25 times

-18What is not working for the Company

ROCE(HY)

Lowest at 7.41%

NET SALES(Q)

At CNY 1,330.41 MM has Fallen at -9.62%

OPERATING PROFIT(Q)

Lowest at CNY 91.78 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 6.9 %

PRE-TAX PROFIT(Q)

Lowest at CNY 71.09 MM

NET PROFIT(Q)

Lowest at CNY 69.94 MM

EPS(Q)

Lowest at CNY 0.07

Here's what is working for Jiangsu Changbao Steeltube Co., Ltd.

Cash and Eqv

Highest at CNY 6,082.09 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio

Highest at 4.24 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 4.25 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 1.97% (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 Jiangsu Changbao Steeltube Co., Ltd.

Pre-Tax Profit

At CNY 71.09 MM has Fallen at -49.36%

over average net sales of the previous four periods of CNY 140.4 MM

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 69.94 MM has Fallen at -44.1%

over average net sales of the previous four periods of CNY 125.11 MM

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Net Sales

At CNY 1,330.41 MM has Fallen at -9.62%

over average net sales of the previous four periods of CNY 1,471.97 MM

MOJO Watch

Near term sales trend is negative

Net Sales (CNY MM)

Operating Profit

Lowest at CNY 91.78 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Operating Profit Margin

Lowest at 6.9 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at CNY 71.09 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY 69.94 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY 0.07

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)