Jiaxing Gas Group Co. Ltd. (9908) 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

Jiaxing Gas Group Co. Ltd.

China Oil & Gas Group Ltd.

China Gas Industry Investment Holdings Co., Ltd.

United Strength Power Holdings Ltd.

Binhai Investment Co., Ltd.

Zhongyu Energy Holdings Ltd.

Towngas Smart Energy Co. Ltd.

Shanghai Dazhong Public Utilities (Group) Co., Ltd.

China Suntien Green Energy Corp., Ltd.

Beijing Gas Blue Sky Holdings Ltd.

China HK Power Smart Energy Group Ltd.

Why is Jiaxing Gas Group Co. Ltd. ?

High Management Efficiency with a high ROE of 15.93%

Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 12.89

With ROE of 15.63%, it has a Attractive valuation with a 0.96 Price to Book Value

Over the past year, while the stock has generated a return of 9.37%, its profits have risen by 0.8% ; the PEG ratio of the company is 6.2

Real-Time Research Report

Verdict Report

How much should you buy?

Overall Portfolio exposure to Jiaxing Gas Group Co. Ltd. should be less than 10%
Overall Portfolio exposure to Gas should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gas)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Jiaxing Gas Group Co. Ltd. for you?

Low Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Jiaxing Gas Group Co. Ltd.

-100.0%

0.50

18.11%

Hang Seng Hong Kong

8.76%

0.45

19.63%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

21.44%

EBIT Growth (5y)

16.96%

EBIT to Interest (avg)

12.89

Debt to EBITDA (avg)

0.20

Net Debt to Equity (avg)

0.29

Sales to Capital Employed (avg)

2.01

Tax Ratio

24.02%

Dividend Payout Ratio

38.16%

Pledged Shares

Institutional Holding

ROCE (avg)

18.08%

ROE (avg)

15.93%

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

0.96

EV to EBIT

5.91

EV to EBITDA

4.35

EV to Capital Employed

0.97

EV to Sales

0.47

PEG Ratio

6.17

Dividend Yield

2.95%

ROCE (Latest)

16.49%

ROE (Latest)

15.63%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bullish

No Trend

OBV

No Trend

Mildly Bullish

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

4What is working for the Company

OPERATING CASH FLOW(Y)

Highest at HKD 783.29 MM

CASH AND EQV(HY)

Highest at HKD 835.71 MM

-9What is not working for the Company

ROCE(HY)

Lowest at 12.72%

INTEREST COVERAGE RATIO(Q)

Lowest at 1,465.56

RAW MATERIAL COST(Y)

Grown by 48.1% (YoY

OPERATING PROFIT(Q)

Lowest at HKD 93.39 MM

OPERATING PROFIT MARGIN(Q)

Lowest at 5.14 %

PRE-TAX PROFIT(Q)

Lowest at HKD 53.47 MM

Here's what is working for Jiaxing Gas Group Co. Ltd.

Operating Cash Flow

Highest at HKD 783.29 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (HKD MM)

Cash and Eqv

Highest at HKD 835.71 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Depreciation

Highest at HKD 59.17 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (HKD MM)

Depreciation

At HKD 59.17 MM has Grown at 14.15%

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 (HKD MM)

Here's what is not working for Jiaxing Gas Group Co. Ltd.

Interest Coverage Ratio

Lowest at 1,465.56

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit

Lowest at HKD 93.39 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (HKD MM)

Operating Profit Margin

Lowest at 5.14 %

in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

Lowest at HKD 53.47 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (HKD MM)

Pre-Tax Profit

Fallen at -74.02%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (HKD MM)

Raw Material Cost

Grown by 48.1% (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

Non Operating Income

Highest at HKD 0.48 MM

in the last five periods

MOJO Watch

Increased income from non business activities may not be sustainable

Non Operating income