MeiG Smart Technology Co., Ltd. (002881) 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

MeiG Smart Technology Co., Ltd.

Why is MeiG Smart Technology Co., Ltd. ?

With ROE of 11.42%, it has a expensive valuation with a 10.26 Price to Book Value

Over the past year, while the stock has generated a return of -25.58%, its profits have risen by 313.5% ; the PEG ratio of the company is 0.3
At the current price, the company has a high dividend yield of 0.1

Underperformed the market in the last 1 year

Even though the market (China Shanghai Composite) has generated returns of 13.33% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -25.58% returns

Real-Time Research Report

Verdict Report

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 Other Electrical Equipment)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is MeiG Smart Technology Co., Ltd. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

MeiG Smart Technology Co., Ltd.

-24.11%

2.19

43.45%

China Shanghai Composite

13.33%

0.90

14.74%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

29.09%

EBIT Growth (5y)

85.82%

EBIT to Interest (avg)

11.58

Debt to EBITDA (avg)

0.29

Net Debt to Equity (avg)

0.05

Sales to Capital Employed (avg)

1.47

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

24.98%

Pledged Shares

Institutional Holding

ROCE (avg)

6.71%

ROE (avg)

7.86%

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

10.26

EV to EBIT

91.52

EV to EBITDA

68.27

EV to Capital Employed

9.25

EV to Sales

4.79

PEG Ratio

0.29

Dividend Yield

0.14%

ROCE (Latest)

10.11%

ROE (Latest)

11.42%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

Bullish

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

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

NET SALES(9M)

At CNY 2,821.29 MM has Grown at 29.3%

CASH AND EQV(HY)

Highest at CNY 669.96 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 4.37 times

-24What is not working for the Company

INTEREST(Q)

At CNY 2.06 MM has Grown at 11.11%

INTEREST COVERAGE RATIO(Q)

Lowest at 1,225.71

OPERATING PROFIT MARGIN(Q)

Lowest at 2.7 %

RAW MATERIAL COST(Y)

Grown by 15.8% (YoY

OPERATING PROFIT(Q)

Lowest at CNY 25.19 MM

PRE-TAX PROFIT(Q)

Lowest at CNY 30.62 MM

NET PROFIT(Q)

Lowest at CNY 29 MM

EPS(Q)

Lowest at CNY 0.11

Here's what is working for MeiG Smart Technology Co., Ltd.

Net Sales

At CNY 2,821.29 MM has Grown at 29.3%

Year on Year (YoY)

MOJO Watch

Near term sales trend is positive

Net Sales (CNY MM)

Cash and Eqv

Highest at CNY 669.96 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debtors Turnover Ratio

Highest at 4.37 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Here's what is not working for MeiG Smart Technology Co., Ltd.

Interest

At CNY 2.06 MM has Grown at 11.11%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest Coverage Ratio

Lowest at 1,225.71

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit Margin

Lowest at 2.7 % and Fallen

In each period in the last five periods

MOJO Watch

Company's profit margin has deteriorated

Operating Profit to Sales

Pre-Tax Profit

At CNY 30.62 MM has Fallen at -46.84%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (CNY MM)

Net Profit

At CNY 29 MM has Fallen at -49.89%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is very negative

Net Profit (CNY MM)

Operating Profit

Lowest at CNY 25.19 MM

in the last five periods

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (CNY MM)

Pre-Tax Profit

Lowest at CNY 30.62 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (CNY MM)

Net Profit

Lowest at CNY 29 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (CNY MM)

EPS

Lowest at CNY 0.11

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (CNY)

Raw Material Cost

Grown by 15.8% (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