Why is Joyware Electronics Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 0%
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
Poor long term growth as Net Sales has grown by an annual rate of -9.22% and Operating profit at 8.33% over the last 5 years
- INTEREST(HY) At CNY 0.5 MM has Grown at 27.15%
- NET SALES(Q) At CNY 23.03 MM has Fallen at -39.95%
- DEBT-EQUITY RATIO (HY) Highest at 2.37 %
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 33.74%, its profits have risen by 22.1%
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 Telecom - Equipment & Accessories)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Joyware Electronics Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Joyware Electronics Co., Ltd.
32.82%
1.47
62.02%
China Shanghai Composite
14.77%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
-9.22%
EBIT Growth (5y)
8.33%
EBIT to Interest (avg)
-58.50
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.01
Sales to Capital Employed (avg)
0.30
Tax Ratio
24.78%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0.05%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.39
EV to EBIT
-21.41
EV to EBITDA
-25.45
EV to Capital Employed
2.36
EV to Sales
9.26
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-11.02%
ROE (Latest)
-12.11%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
Technical Movement
5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CNY 46.31 MM
NET PROFIT(HY)
Higher at CNY -39.08 MM
-17What is not working for the Company
INTEREST(HY)
At CNY 0.5 MM has Grown at 27.15%
NET SALES(Q)
At CNY 23.03 MM has Fallen at -39.95%
DEBT-EQUITY RATIO
(HY)
Highest at 2.37 %
RAW MATERIAL COST(Y)
Grown by 49.83% (YoY
CASH AND EQV(HY)
Lowest at CNY 111.38 MM
Here's what is working for Joyware Electronics Co., Ltd.
Net Profit
Higher at CNY -39.08 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (CNY MM)
Operating Cash Flow
Highest at CNY 46.31 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CNY MM)
Here's what is not working for Joyware Electronics Co., Ltd.
Interest
At CNY 0.5 MM has Grown at 27.15%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
At CNY 23.03 MM has Fallen at -39.95%
Year on Year (YoY)MOJO Watch
Near term sales trend is extremely negative
Net Sales (CNY MM)
Debt-Equity Ratio
Highest at 2.37 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Cash and Eqv
Lowest at CNY 111.38 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Raw Material Cost
Grown by 49.83% (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






