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. ?

The company has declared Negative results for the last 3 consecutive quarters

NET PROFIT(9M) At CNY 101.68 MM has Grown at -30.67%
INVENTORY TURNOVER RATIO(HY) Lowest at 3.14 times
INTEREST(Q) Highest at CNY 2.51 MM

Below par performance in long term as well as near term

Along with generating -2.42% returns in the last 1 year, the stock has also underperformed China Shanghai Composite in the last 3 years, 1 year and 3 months

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.

-7.57%

2.48

44.66%

China Shanghai Composite

21.43%

1.73

13.79%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

24.06%

EBIT Growth (5y)

63.11%

EBIT to Interest (avg)

11.58

Debt to EBITDA (avg)

0.29

Net Debt to Equity (avg)

0.05

Sales to Capital Employed (avg)

1.49

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

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

2.97

EV to EBIT

49.59

EV to EBITDA

38.78

EV to Capital Employed

3.66

EV to Sales

2.01

PEG Ratio

Dividend Yield

ROCE (Latest)

7.39%

ROE (Latest)

5.16%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bearish

Mildly Bullish

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

5What is working for the Company

RAW MATERIAL COST(Y)

Fallen by -28.5% (YoY

CASH AND EQV(HY)

Highest at CNY 1,668.96 MM

DEBT-EQUITY RATIO (HY)

Lowest at -25.6 %

PRE-TAX PROFIT(Q)

Highest at CNY 63.27 MM

NET PROFIT(Q)

Highest at CNY 48.29 MM

-16What is not working for the Company

NET PROFIT(9M)

At CNY 101.68 MM has Grown at -30.67%

INVENTORY TURNOVER RATIO(HY)

Lowest at 3.14 times

INTEREST(Q)

Highest at CNY 2.51 MM

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

Pre-Tax Profit

Highest at CNY 63.27 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is positive

Pre-Tax Profit (CNY MM)

Net Profit

Highest at CNY 48.29 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is positive

Net Profit (CNY MM)

Cash and Eqv

Highest at CNY 1,668.96 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Debt-Equity Ratio

Lowest at -25.6 %

in the last five Semi-Annual periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Raw Material Cost

Fallen by -28.5% (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 MeiG Smart Technology Co., Ltd.

Interest

At CNY 2.51 MM has Grown at 25.75%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Interest

Highest at CNY 2.51 MM

in the last five periods and Increased by 25.75% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (CNY MM)

Inventory Turnover Ratio

Lowest at 3.14 times

in the last five Semi-Annual periods

MOJO Watch

Company's pace of selling inventory has slowed

Inventory Turnover Ratio