Why is Jiangsu Xiuqiang Glasswork Co., Ltd. ?
1
Poor long term growth as Net Sales has grown by an annual rate of 8.23% and Operating profit at 18.05% over the last 5 years
2
Negative results in Mar 25
3
With ROE of 8.75%, it has a very attractive valuation with a 1.31 Price to Book Value
- Over the past year, while the stock has generated a return of -4.13%, its profits have risen by 11.1% ; the PEG ratio of the company is 1.4
- At the current price, the company has a high dividend yield of 2.3
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -4.13% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in each of the last 3 annual periods
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.
-7.73%
0.65
36.93%
China Shanghai Composite
14.77%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
8.23%
EBIT Growth (5y)
18.05%
EBIT to Interest (avg)
34.63
Debt to EBITDA (avg)
0.46
Net Debt to Equity (avg)
-0.48
Sales to Capital Employed (avg)
0.55
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
15
Industry P/E
Price to Book Value
1.31
EV to EBIT
9.75
EV to EBITDA
7.71
EV to Capital Employed
1.55
EV to Sales
1.38
PEG Ratio
1.35
Dividend Yield
2.28%
ROCE (Latest)
15.90%
ROE (Latest)
8.75%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
8What is working for the Company
INTEREST COVERAGE RATIO(Q)
The company hardly has any interest cost
RAW MATERIAL COST(Y)
Fallen by -2.98% (YoY
CASH AND EQV(HY)
Highest at CNY 2,899.75 MM
OPERATING PROFIT(Q)
Highest at CNY 90.28 MM
PRE-TAX PROFIT(Q)
Highest at CNY 94.4 MM
NET PROFIT(Q)
Highest at CNY 81.43 MM
EPS(Q)
Highest at CNY 0.11
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for Jiangsu Xiuqiang Glasswork Co., Ltd.
Operating Profit
Highest at CNY 90.28 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (CNY MM)
Pre-Tax Profit
Highest at CNY 94.4 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 81.43 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (CNY MM)
EPS
Highest at CNY 0.11
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (CNY)
Cash and Eqv
Highest at CNY 2,899.75 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -2.98% (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






