Why is Jiangsu Xiuqiang Glasswork Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 7.50% and Operating profit at 14.74% over the last 5 years
2
Flat results in Sep 25
- OPERATING CASH FLOW(Y) Lowest at CNY 262.82 MM
- ROCE(HY) Lowest at 8.17%
- RAW MATERIAL COST(Y) Grown by 33.95% (YoY)
3
With ROE of 8.75%, it has a very attractive valuation with a 1.72 Price to Book Value
- Over the past year, while the stock has generated a return of 9.75%, its profits have risen by 11.1% ; the PEG ratio of the company is 1.8
- At the current price, the company has a high dividend yield of 1.7
How much should you hold?
- Overall Portfolio exposure to Jiangsu Xiuqiang Glasswork Co., Ltd. should be less than 10%
- Overall Portfolio exposure to Other Industrial Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Industrial Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Jiangsu Xiuqiang Glasswork Co., Ltd. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Jiangsu Xiuqiang Glasswork Co., Ltd.
-100.0%
0.71
35.24%
China Shanghai Composite
15.45%
1.02
14.86%
Quality key factors
Factor
Value
Sales Growth (5y)
7.50%
EBIT Growth (5y)
14.74%
EBIT to Interest (avg)
34.63
Debt to EBITDA (avg)
0.46
Net Debt to Equity (avg)
-0.48
Sales to Capital Employed (avg)
0.56
Tax Ratio
13.49%
Dividend Payout Ratio
35.24%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.26%
ROE (avg)
10.05%
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
1.72
EV to EBIT
14.22
EV to EBITDA
11.24
EV to Capital Employed
2.26
EV to Sales
2.01
PEG Ratio
1.77
Dividend Yield
1.74%
ROCE (Latest)
15.90%
ROE (Latest)
8.75%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
Mildly Bullish
OBV
Mildly Bullish
Mildly Bearish
Technical Movement
3What is working for the Company
CASH AND EQV(HY)
Highest at CNY 2,834.38 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 6.53 times
DEBTORS TURNOVER RATIO(HY)
Highest at 2.37 times
-11What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY 262.82 MM
ROCE(HY)
Lowest at 8.17%
RAW MATERIAL COST(Y)
Grown by 33.95% (YoY
OPERATING PROFIT(Q)
Lowest at CNY 41.89 MM
PRE-TAX PROFIT(Q)
Lowest at CNY 41.54 MM
NET PROFIT(Q)
Lowest at CNY 36.87 MM
Here's what is working for Jiangsu Xiuqiang Glasswork Co., Ltd.
Cash and Eqv
Highest at CNY 2,834.38 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Inventory Turnover Ratio
Highest at 6.53 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 2.37 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Jiangsu Xiuqiang Glasswork Co., Ltd.
Operating Cash Flow
Lowest at CNY 262.82 MM and Fallen
In each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Operating Profit
Lowest at CNY 41.89 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Pre-Tax Profit
Lowest at CNY 41.54 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Pre-Tax Profit
At CNY 41.54 MM has Fallen at -36.21%
over average net sales of the previous four periods of CNY 65.12 MMMOJO Watch
Near term Pre-Tax Profit trend is negative
Pre-Tax Profit (CNY MM)
Net Profit
Lowest at CNY 36.87 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Net Profit
At CNY 36.87 MM has Fallen at -34.57%
over average net sales of the previous four periods of CNY 56.35 MMMOJO Watch
Near term Net Profit trend is negative
Net Profit (CNY MM)
Raw Material Cost
Grown by 33.95% (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






