Why is Luoyang North Glass Technology Co., Ltd. ?
1
Poor Management Efficiency with a low ROCE of 3.66%
- The company has been able to generate a Return on Capital Employed (avg) of 3.66% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 9.57% and Operating profit at -3.98% over the last 5 years
3
The company has declared negative results for the last 2 consecutive quarters
- NET PROFIT(HY) At CNY -8.79 MM has Grown at -123.71%
- INTEREST(HY) At CNY 0.64 MM has Grown at 1,054.83%
- ROCE(HY) Lowest at 1.95%
4
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 -2.86%, its profits have fallen by -46%
- At the current price, the company has a high dividend yield of 1.2
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -2.86% 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 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 Industrial Manufacturing)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Luoyang North Glass Technology Co., Ltd. for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Luoyang North Glass Technology Co., Ltd.
-100.0%
0.26
37.16%
China Shanghai Composite
15.19%
1.01
15.10%
Quality key factors
Factor
Value
Sales Growth (5y)
9.57%
EBIT Growth (5y)
-3.98%
EBIT to Interest (avg)
40.50
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
0.82
Tax Ratio
24.64%
Dividend Payout Ratio
47.85%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.66%
ROE (avg)
2.90%
Valuation Key Factors 
Factor
Value
P/E Ratio
59
Industry P/E
Price to Book Value
1.03
EV to EBIT
61.14
EV to EBITDA
12.31
EV to Capital Employed
1.05
EV to Sales
0.92
PEG Ratio
NA
Dividend Yield
1.21%
ROCE (Latest)
1.72%
ROE (Latest)
1.74%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
1What is working for the Company
CASH AND EQV(HY)
Highest at CNY 1,801.26 MM
-21What is not working for the Company
NET PROFIT(HY)
At CNY -8.79 MM has Grown at -123.71%
INTEREST(HY)
At CNY 0.64 MM has Grown at 1,054.83%
ROCE(HY)
Lowest at 1.95%
RAW MATERIAL COST(Y)
Grown by 19.24% (YoY
NET SALES(Q)
At CNY 371.29 MM has Fallen at -8.12%
Here's what is working for Luoyang North Glass Technology Co., Ltd.
Cash and Eqv
Highest at CNY 1,801.26 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Here's what is not working for Luoyang North Glass Technology Co., Ltd.
Net Profit
At CNY -8.79 MM has Grown at -123.71%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (CNY MM)
Interest
At CNY 0.64 MM has Grown at 1,054.83%
over previous Semi-Annual periodMOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Net Sales
Lowest at CNY 371.29 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Net Sales
At CNY 371.29 MM has Fallen at -8.12%
over average net sales of the previous four periods of CNY 404.08 MMMOJO Watch
Near term sales trend is negative
Net Sales (CNY MM)
Raw Material Cost
Grown by 19.24% (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






