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 MayAir Technology (China) Co., Ltd. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
MayAir Technology (China) Co., Ltd.
84.93%
1.90
60.17%
China Shanghai Composite
24.27%
1.73
14.05%
Quality key factors
Factor
Value
Sales Growth (5y)
20.23%
EBIT Growth (5y)
22.43%
EBIT to Interest (avg)
12.08
Debt to EBITDA (avg)
0.48
Net Debt to Equity (avg)
0.19
Sales to Capital Employed (avg)
0.63
Tax Ratio
10.77%
Dividend Payout Ratio
14.00%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.55%
ROE (avg)
9.99%
Valuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
0.93
EV to EBIT
9.82
EV to EBITDA
7.23
EV to Capital Employed
0.94
EV to Sales
1.09
PEG Ratio
1.01
Dividend Yield
NA
ROCE (Latest)
9.61%
ROE (Latest)
10.83%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by -6.93% (YoY
-21What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at CNY -210.22 MM
DEBT-EQUITY RATIO
(HY)
Highest at 20.32 %
INTEREST COVERAGE RATIO(Q)
Lowest at 449.27
INTEREST(Q)
Highest at CNY 7.05 MM
OPERATING PROFIT(Q)
Lowest at CNY 31.69 MM
OPERATING PROFIT MARGIN(Q)
Lowest at 10.08 %
Here's what is working for MayAir Technology (China) Co., Ltd.
Raw Material Cost
Fallen by -6.93% (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
Here's what is not working for MayAir Technology (China) Co., Ltd.
Interest
At CNY 7.05 MM has Grown at 36.06%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Interest Coverage Ratio
Lowest at 449.27
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Debt-Equity Ratio
Highest at 20.32 % 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
Operating Cash Flow
Lowest at CNY -210.22 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (CNY MM)
Interest
Highest at CNY 7.05 MM
in the last five periods and Increased by 36.06% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (CNY MM)
Operating Profit
Lowest at CNY 31.69 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (CNY MM)
Operating Profit Margin
Lowest at 10.08 %
in the last five periodsMOJO Watch
Company's profit margin has deteriorated
Operating Profit to Sales
Non Operating Income
Highest at CNY 0.48 MM
in the last five periodsMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating income






